Why does a firm SUCH AS Sany (in the heavy equipment industry) spend so much of its revenue on R&D and innovation? Do NOT comment on Sany Heavy Industry Co. specifically or on the heavy equipment industry in particular. It is preferable that you comment on an industry that you know or in which you have worked.

You can use information from your personal (work) experience and/orfrom research from credible sources (other than the text).