The Management of Multinational R&D: A Neglected Topic in International Business Research

Despite the growing involvement of multinational firms in foreign-based R&D during the past fifteen years, little research has been done on why and how firms internationalize their R&D and what effects it might have on firm competitiveness. The present paper calls attention to this neglect a...

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Bibliographic Details
Published in:Journal of international business studies 1993-03, Vol.24 (1), p.1-18
Main Authors: Joseph L. C. Cheng, Bolon, Douglas S.
Format: Article
Language:English
Subjects:
Business and Management
Business innovation
Business Strategy/Leadership
Business structures
Corporate management
Exports
Foreign investment
Foreign investments
Foreign subsidiaries
Human resources
Innovations
International Business
Management
Management science
Manufacturing
Multinational corporations
Multinational enterprises
Organization
Pharmaceutical industry
R&D
Research & development
Research & development expenditures
Research and development
Subsidiary companies
Technological innovation
Technology transfer
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Description
Summary:Despite the growing involvement of multinational firms in foreign-based R&D during the past fifteen years, little research has been done on why and how firms internationalize their R&D and what effects it might have on firm competitiveness. The present paper calls attention to this neglect and seeks to advance the management of multinational R&D as an area of study for international business scholars. To this end, the paper first examines the key contributing factors to increased foreign R&D investments among multinationals. It then reviews the research literature to find out what we presently know about the management of multinational R&D. Finally, a research agenda is proposed to provide a foundation and stimulus for future investigations. Seven research directions are recommended, with an emphasis on interdisciplinary inquiry and a focus on issues that have both theoretical and practical significance.
ISSN:0047-2506
1478-6990
DOI:10.1057/palgrave.jibs.8490222