The race has maintained its original ideals since it began in 1985 by focusing on teamwork, camaraderie, physical fitness and competition. The number of participating teams have grown from the original 19 in 1985 to nearly 300 which includes over 8000 runners.
Investments into R&D are key to maintaining and/or improving competitiveness for the long term, and Honeywell spent about $2.1 billion on it in 2016. If You Can't Beat 'Em, Buy 'Em Honeywell has a market capitalization of about $99 billion.
So who is actually investing the most in research and development? As it turns out, companies are spending more on R&D than ever before. The Global Innovation 1000, a list of public companies that spend the most on innovation, last year invested a record $647 billion, an increase of $9 billion over the previous year.