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R&D spending: Here are the Top 10 firms

2. Microsoft

Jason DeCrow/Microsoft/PRNewsFoto

MTV star Rob Dyrdek (right) and actor Minka Kelly kick off the Really Rally Roadtrip tour Nov. 8 in New York's Times Square to help launch Windows Phone 7. After boosting R&D spending 10.4 percent, the software giant made both the Bloomberg and Booz lists of most innovative companies.

Nov. 15, 2010, 11:18 a.m. ET

By Nora Dunne Contributor

The self-proclaimed “worldwide leader in software, services and solutions” made both Bloomberg’s and Booz & Co.'s lists of most innovative companies. The software and Internet company spent $9 billion on R&D, 10.4 percent more than in 2008. Net income in the last fiscal year went up 29 percent at four operation centers and 100 subsidiaries worldwide. Recent product launches include Windows 7 in October 2009, also Office 2010 and SharePoint 2010 in May 2010. In the works are Project Emporia, a site that “sifts through the ever-evolving web content streams to identify hot stories” and a kid-friendly programming game Kodu.

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R&D spending: Here are the Top 10 firms

2. Microsoft

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