R&D Strategy-Makings in Japanese Large Firms: Evidence from Questionnaire Survey
The 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.
|Date of creation:||Apr 1996|
|Date of revision:||Apr 1996|
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- Zoltan Acs & David Audretsch, 1990. "Innovation and Small Firms," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011131, July.
- 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 223-228, May.
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