As global competition intensifies, transnational corporations are internationalizing even the most knowledge-intensive corporate functions, such as research and development (R&D). Today, corporations in industries such as automobiles are establishing R&D facilities in selected developing countries. They do this to enhance their efficiency, to access expanding pools of scientists and engineers, and to meet the demands in these countries. These recent trends have important implications for the international division of labor and stress the need for coherent national policies to ensure...
As global competition intensifies, transnational corporations are internationalizing even the most knowledge-intensive corporate functions, such as re...