Changes in the strategic management of technology: results of a global benchmarking study
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
Affiliations: 1: Fraunhofer Institute for Systems and Innovation Research, Karlsruhe 2: Institute for Innovation and Internationalization, University of Applied Sciences, Brandenburg, Germany email@example.com
Publication date: March 1, 2002