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

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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


Affiliations: 1: Fraunhofer Institute for Systems and Innovation Research, Karlsruhe 2: Institute for Innovation and Internationalization, University of Applied Sciences, Brandenburg, Germany

Publication date: March 1, 2002


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