Global Research and Development Investment Practices; does General Electric differ from the trend?
Holmberg, William WCH
- Submitted in partial fulfillment of the degree Master of Arts in Law and Diplomacy at the Fletcher School of Law and Diplomacy. Abstract: This survey-based comparative study examines the trends observed in an empirical study of 32 multinational firms' research and development (R&D) investment practices and compares and contrasts the data and results to that of the General Electric Corporation (GE)... read more. The quantitative comparison between the two studies demonstrates that GE R&D investment practices were consistent with 4 of the primary 5 trends observed in the initial empirical study. Consistencies were found in the practices of motives, locational characteristics, the relationship between R&D facilities in home country versus abroad and mode of entry, and were not found in evolution of FDI in R&D centers over time. The adoption of these practices might present practitioners and academics a set of best practices in investment-related considerations when defining a development plan for international expansion of its R&D practice. Key words: globalization of research and development, foreign direct investment, mode of entry into foreign markets.read less