Internationalization of research and development

Research and development is no longer a headquarters function. More and more companies internationalize their ¤R& D activities. The pros and cons of this approach are discussed in this book. The organizational alternatives for inter¤national R&D as well as the consequences that they have for decision making and performing R&D are also of great interest. Furthermore, measuring success of international R&D is a very difficult problem that is not yet fully under¤stood. However, suggestions are made to improve present day practise. They are based on a large body of empirical research and management literature. Keywords: Research and Development, R&D, Research Management, Technology Management, Industrial Research Fields: Technology Management; Production Engineering Written for: R&D managers and other industry practitioners.