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...

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 international R&D as well as the consequences that they have for...

Whereas many empirical studies show that the internationalization of production is driven by falling distance costs, theoretical models of the endogenous emergence of multinational enterprises predict the opposite. This paper argues that this dichotomy can be resolved if the production process...