Innovation and R&D Activities in Virtual Team
AbstractInnovation plays a central role in economic development, at the regional and national level. In the competitive environment companies are obliged to produce more rapidly, more effectively and more efficiently in new product development, which is a result of research and development (R&D) activities. It is necessary for them to put together different capabilities and services with the goal, through cooperation between suppliers and customers, service providers and scientific institutions to achieve innovations of high quality. Depending on the type of industry, the type of business, the type of innovation and the strategic objectives that have been set, firms will regularly have to modify the way in which their R&D and innovation are organized. Nowadays, shift from serial to simultaneous and parallel working in innovation has become more commonplace. Literature's have shown that collaboration is as a meta-capability for innovation. By a comprehensive reviewing of literature this article after define virtual teams and its characteristics, addressing virtual environment innovation and the relationship to R&D activities. Finally conclude that innovation cannot be successful, unless the knowledge and information in the R&D project are effectively captured, shared and internalized by the R&D project’s virtual team members.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 27033.
Date of creation: 06 Jul 2009
Date of revision: 17 Jul 0209
Publication status: Published in European Journal of Scientific Research 3.34(2009): pp. 297-307
Virtual team; Literature review; Innovation; Research and Development;
Other versions of this item:
- L6 - Industrial Organization - - Industry Studies: Manufacturing
- M12 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Personnel Management; Executives; Executive Compensation
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
- L17 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Open Source Products and Markets
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- M11 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Production Management
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
- P23 - Economic Systems - - Socialist Systems and Transition Economies - - - Factor and Product Markets; Industry Studies; Population
- M54 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Labor Management
- P42 - Economic Systems - - Other Economic Systems - - - Productive Enterprises; Factor and Product Markets; Prices
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
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27034, University Library of Munich, Germany, revised Jul 2009.
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"The Effectiveness of Virtual R&D Teams in SMEs: Experiences of Malaysian SMEs,"
27368, University Library of Munich, Germany, revised Nov 2010.
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