The Dynamics of the Diversified Corporation and the Role of Central Management of Technology
AbstractThis paper discusses 1) the generic forces that drive the evolution of diversified industrial corporations and their implications for the corporate technology base, 2) the changing role of the central R&D lab in the context of these forces, and 3) the role of management of technology in promoting dynamic coherence in diversified - and highly decentralized - corporations. The line of argument in the paper is illustrated by an indepth case-study of Danfoss, a Danish multi-divisional corporation operating within mechatronical markets.
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Bibliographic InfoPaper provided by DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies in its series DRUID Working Papers with number 98-4.
Date of creation: 1998
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Corporate strategy; diversified corporations; management of technology;
Find related papers by JEL classification:
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- L64 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Machinery; Business Equipment; Armaments
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