Abstracts - faqs.org

Abstracts

Business

Search abstracts:
Abstracts » Business

Firm and environmental influences on the mode and sequence of foreign research and development activities

Article Abstract:

The choice of business research and development (R&D) strategies related to global expansion is largely influenced by the characteristics of the particular firm. A study of Japan-based pharmaceutical companies that established subsidiaries in the United States and Europe presented proof supporting this assumption. Findings showed that most of the firms initial mode of entry into foreign R&D was through collaborative maneuvers. This may be due to the perceived long-term advantages of organizationally interdependent research projects especially when the novel technology being researched is intimately linked to the company's core activity. On the other hand, start-up pharmaceutical companies preferred sponsored R&D activities. This observation is in line with the companies' growth strategy of utilizing tried-and-tested skills on what for them is a totally new industry.

Author: Penner-Hahn, Joan D.
Publisher: John Wiley & Sons, Inc.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1998
Research & Development, Scientific Research and Development Services, Drug stores and proprietary stores, Drug Store Chains, Pharmacies and Drug Stores, Multinational Corporations, Research, Pharmaceutical industry, Industrial research, Research institutes, International business enterprises, Drugstores, Chain stores, New business enterprises, Startups

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Competing capitalisms: capital investment in American, German, and Japanese firms

Article Abstract:

A study was conducted to investigate the influence of home country institutional environments on strategy selections of companies and the differences in strategy choice across companies from different countries. An environment-conduct-performance model was developed and applied to the institutional environments of Germany, Japan and the US. The differences between the institutional settings of these three nations were analyzed and related to corporate investment conduct. Results of the study indicate that significant differences identified in the conduct of German, Japanese and US firms were stable across 10 manufacturing sectors, which is evidence that the home country environment causes differences in strategy choices.

Author: Thomas, L.G., III, Waring, Geoffrey
Publisher: John Wiley & Sons, Inc.
Publication Name: Strategic Management Journal
Subject: Business
ISSN: 0143-2095
Year: 1999
Business Methods, Management Theory & Techniques, Management, Business enterprises, Business planning, Strategic planning (Business)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA



Subjects list: International aspects
Similar abstracts:
  • Abstracts: Exploration and exploitation alliances in biotechnology: a system of new product development. Old technology meets new technology: complementarities, similarities, and alliance formation
  • Abstracts: Subsidiaries and knowledge creation: the influence of the MNC and host country on innovation. Are we all global now? Local vs. foreign sources of corporate competence: The case of the Japanese pharmaceutical industry
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2023 Advameg, Inc.