The Internationalization of Corporate R&D

More documents

Recommendations

Info

THE INTERNATIONALIZATION OF CORPORATE R&DOdagiri, H. (2005) Presentation material.OECD (2005) Main Science and Technology Indicators, Volume 2005/2.UNCTAD (2005) World Investment Report 2005, Transnational Corporations and theInternationalization of R&D, United Nations, New York and Geneva.InterviewsIwasa, Tomoko, Associate Professor, International Business & Economics, Division ofEconomics and Business Administration, Yokohama City University, October2005.Goto, Akira, Research Center for Advanced Economic Engineering, The University ofTokyo, November 2005.Odagiri, Hiroyuki, Graduate School of Economics, Faculty of Economics, HitotsubashiUniversity, October 2005.Asakawa, Kazuhiro, Graduate School of Business Administration, Keio University,November 2005.Tamura, Emiko, Invest in Sweden Agency (ISA), Tokyo Office, November 2005.226
THE INTERNATIONALIZATION OF CORPORATE R&D10 China: From Shop Floor to KnowledgeFactory?Sylvia Schwaag Serger10.1 IntroductionChina’s pace of economic development in the last 20 years is unprecedented. From beingan essentially closed and planned economy in the 1970s, China has grown an average of9 to 10 percent per year to become one of the most important trading nations andrecipients of foreign direct investment (FDI) in the world (UNCTAD 2005a and 2005b).Whereas previously FDI into China consisted mainly of acquisition or greenfield investmentsin production, extraction and distribution facilities, today increasing numbersof international companies are investing in research and development (R&D) in China(Gassmann & Han 2004).In a recent survey of multinational companies, China was ranked as the most attractivecountry for future R&D investment, ahead of the U.S., India, Japan and the U.K.(UNCTAD 2005b). This development has led to growing concerns in many developedcountries that multinational companies will increasingly set up R&D in China at theexpense of Europe and the U.S. As American journalist Abe De Ramos eloquentlyposed the question in a 2003 issue of CFO Magazine, “U.S. companies are beginningto outsource technology research and development to India and China. Will a meltdownin tech jobs follow?” (De Ramos 2003).This chapter examines foreign R&D operations in China and identifies the key forcesdriving China’s rising importance as a location for such activities. The following questionswill be addressed:• What companies are locating R&D activities in China, and of what type?• What are the main reasons foreign companies are establishing R&D in China?• What is China’s government policy on attracting foreign R&D?• What factors may prevent companies from locating R&D in China?• How are foreign companies’ R&D activities likely to develop in the future?While foreign companies are increasingly locating R&D in China, Chinese companies arejust beginning to establish R&D facilities abroad. The determinants of this nascent trendare also examined.227
Page 1:
A2006:007The Internationalizationof
Page 4:
ITPS, Swedish Institute For Growth
Page 7 and 8:
THE INTERNATIONALIZATION OF CORPORA
Page 9 and 10:
Page 11:
Page 14 and 15:
Page 16 and 17:
Page 18 and 19:
Page 20 and 21:
Page 22 and 23:
Page 24 and 25:
Page 29 and 30:
Page 31:
Page 35 and 36:
Page 37 and 38:
Page 39 and 40:
Page 41 and 42:
Page 43 and 44:
Page 45 and 46:
Page 47 and 48:
Page 49 and 50:
Page 51 and 52:
Page 53 and 54:
Page 55 and 56:
Page 57 and 58:
Page 59 and 60:
Page 61 and 62:
Page 63 and 64:
Page 65 and 66:
Page 67 and 68:
Page 69 and 70:
Page 71 and 72:
Page 73 and 74:
Page 75 and 76:
Page 77 and 78:
Page 79 and 80:
Page 81 and 82:
Page 83 and 84:
Page 85 and 86:
Page 87 and 88:
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178: THE INTERNATIONALIZATION OF CORPORA
Page 227: THE INTERNATIONALIZATION OF CORPORA
Page 279 and 280:
Page 281 and 282:
Page 283 and 284:
Page 285 and 286:
Page 287 and 288:
Page 289 and 290:
Page 291 and 292:
Page 293 and 294:
Page 295 and 296:
Page 297 and 298:
Page 299 and 300:
Page 301 and 302:
Page 303 and 304:
Page 305 and 306:
Page 307 and 308:
Page 309 and 310:
Page 311 and 312:
Page 313 and 314:
Page 315 and 316:
Page 317 and 318:
Page 319 and 320:
Page 321 and 322:
Page 323 and 324:
Page 325 and 326:
Page 327:
The Swedish Institute for Growth Po
show all

The Internationalization of Corporate R&D

Create successful ePaper yourself

Delete template?

Save as template?