Changes in the strategic management of technology: results of a global benchmarking study

Authors: Edler, Jakob¹; Meyer-Krahmer, Frieder¹; Reger, Guido²

Source: R&D Management, Volume 32, Number 2, March 2002 , pp. 149-164(16)

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Abstract:

This contribution analyses main changes in the strategic management of technology of the world's most technology-intensive companies from western Europe, North America and Japan. The results presented here are based on a literature review and a survey which show the following main results: first, R&D and technology have become key cornerstones of corporate and business strategy. Second, there is a growing tendency to acquire technology from external sources throughout the sample. Third, internationalization of R&D plays a very important role in the strategies of the large companies investigated and the data shows that it will certainly gain further momentum. However, internationalization of R&D is confined to the Triad regions and is not `global'. Based on our analysis, cornerstones of a future generation of R&D/technology management are developed.

Document Type: Original article

DOI: http://dx.doi.org/10.1111/1467-9310.00247

Affiliations: 1: Fraunhofer Institute for Systems and Innovation Research, Karlsruhe 2: Institute for Innovation and Internationalization, University of Applied Sciences, Brandenburg, Germany reger@fh-brandenburg.de

Publication date: 2002-03-01