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Challenges of Organizing International Research & Development

  • Roman Boutellier
  • Oliver Gassmann
  • Maximilian von Zedtwitz

Abstract

Multinational companies (MNCs) have a tremendous impact on global innovation and the structure of the world economy. They:
  • Determine the international division of labor with production, R&D, marketing, and sourcing strategies;

  • Transfer technologies, management capabilities, and financial capital;

  • Control over 80% of the privately owned technological resources (Dunning, 1993);

  • Influence regional restructuring with establishing local offices;

  • Have a high negotiation potential in light of foreign direct investments particularly in smaller economies.

Keywords

Foreign Direct Investment Foreign Investment Foreign Company Multinational Company Foreign Asset 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1999

Authors and Affiliations

  • Roman Boutellier
    • 1
  • Oliver Gassmann
    • 2
  • Maximilian von Zedtwitz
    • 1
  1. 1.Institute for Technology ManagementUniversity of St. GallenSt. GallenSwitzerland
  2. 2.R&D Technology ManagementSchindler Lifts Ltd.EbikonSwitzerland

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