Virtual R&D Teams: A Potential Growth of Education-Industry Collaboration

Abstract:     
With the advent of the global economy and high-speed Internet, online collaboration is fast becoming the norm in education and industry [1]. Information technology (IT) creates many new inter-relationships among businesses, expands the scope of industries in which a company must compete to achieve the competitive advantage. Information systems and technology allow companies to coordinate their activities in distant geographic locations [2]. IT is providing the infrastructure necessary to support the development of new collaboration forms among industry and education. Virtual research and development (R&D) teams represent one such relational form, one that could revolutionize the workplace and provide organizations with unprecedented levels of flexibility and responsiveness [3-4].

Number of Pages in PDF File: 5

Keywords: Virtual R&D teams, Collaboration, virtual teams, SMEs, Education

JEL Classification: Q32, Q31, L17, P29, O1, O3, O32, Q1, P42, L1, L11, L2, M11, M12, M24, M1

Accepted Paper Series