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Cross‐Pacific internationalization of R&D by U.S. and Japanese firms
Author(s) -
Westney D. Eleanor.
Publication year - 1993
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/j.1467-9310.1993.tb00084.x
Subject(s) - internationalization , multinational corporation , context (archaeology) , business , corporation , investment (military) , face (sociological concept) , international trade , industrial organization , economic geography , business administration , finance , economics , political science , sociology , geography , social science , politics , law , archaeology
Efforts by MNCs to develop coordinated international R&D networks have taken place from different historical bases of internationalization and in the context of differing trends in the role of R&D within the corporation, as the cross‐Pacific R&D investment in leading U.S. and Japanese firms in the electronics industry shows. Japanese firms, although they espouse a strategy of ‘localization’, are establishing wholly‐owned R&D centres in the U.S. with highly specialized technology mandates that to be used by the company must be networked with their parent organizations. U.S. firms rely on joint ventures or wholly‐owned labs with a wider array of technologies that face strong pulls to a local orientation. The patterns are somewhat out of line with the models of internationalization each side is espousing.