R&D Strategy-Makings in Japanese Large Firms: Evidence from Questionnaire Survey
AbstractThe paper presents the findings from a questionnaire sent to senior corporate staff members. Some major features of the R&D strategy-makings among Japanese large firms are summarized as follows: (1) Japanese large firms undertake R&D activity, relatively independently of capital market pressures; (2) Recent strategic emphasis of R&D is toward product innovations rather than toward process innovations; (3) Emphasis in the sourcing of new technologies is on in-house development and joint R&D ventures with customers and suppliers. In particular, many of large firms undertake joint research with small- and mediumsized firms; (4) R&D is largely marketing-driven. Firms are concerned with rivals' behavior, but the influences of pressures from rivals may be modest; (5) Firms tend to focus on a limited number of R&D projects; (6) Large firms do not apply all of the new inventions for patents. But, firms place much importance on international patent applications; (7) There are some differences in perception to R&D strategy-makings between technological and administrative respondents, reflecting the difference in viewpoint and responsibility.
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Bibliographic InfoPaper provided by School of Economics, Kwansei Gakuin University in its series Discussion Paper Series with number 10.
Length: 37 pages
Date of creation: Apr 1996
Date of revision: Apr 1996
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mansfield, Edwin, 1988. "Industrial R&D in Japan and the United States: A Comparative Study," American Economic Review, American Economic Association, vol. 78(2), pages 223-28, May.
- Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131.
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