R&D Outsourcing as the Next Frontier : Key Drivers and Firm Level Considerations
Over the last century, many firms have primarily relied on their internal laboratories as the main source for Ramp;D. The output from this Ramp;D helped to increase profits and organic growth through the development of new products and processes. However, the increased mobility and availability of knowledge workers, government technology initiatives and regulations, and the Internet have contributed to the erosion of the centralized corporate Ramp;D lab and the increased fragmentation of sources of pecialized knowledge. Additionally, developing complex new products and systems often requires sourcing and the integration of quot;deepquot; knowledge and skills from disparate technical and scientific fields. Consequently, firms lacking adequate technical and scientific competencies to completely develop complex products and systems frequently look to xternal sources of knowledge and technology to supplement internal expertise. Collectively, these slow but unrelenting changes in the environment are contributing to nudging the locus of innovation outward from the firm. This shift has implications for the sourcing of basic scientific research and the development of commercializable technologies. In this paper we first discuss these changes in the environment and then examine the interplay between environmental, industry, strategic, and organizational factors, and how they shape the decision to outsource Ramp;D. Specifically, strategic issues such as organizational and technology goals and organizational capabilities become important determinants of Ramp;D sourcing decisions. We also discuss operational and tactical decisions that are managerial issues relevant to Ramp;D directors coping with new Ramp;D sourcing options as the locus of innovation continues its outward shift
Year of publication: |
[2015]
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Authors: | Pattit, Jason M. |
Other Persons: | Raj, S.P. (contributor) ; Wilemon, David (contributor) |
Publisher: |
[2015]: [S.l.] : SSRN |
Description of contents: | Abstract [papers.ssrn.com] |
Saved in:
Extent: | 1 Online-Ressource |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2007 erstellt Volltext nicht verfügbar |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012750360
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