The Role of Offshore R&D in Strengthening Competitive Advantage: Chances and Challenges in India
Innovationen und Produktentstehung in der Antriebs- und Steuerungstechnik, Tagungsband des 3. Rexroth Doktoranden Kolloquiums, May 2007
16 Pages Posted: 3 Apr 2010
Date Written: 2007
A recent phenomenon of globalization has come to be known as Knowledge Process Outsourcing (KPO), whereby knowledge-intensive research and development (R&D) work is outsourced to an outside firm or an offshore subsidiary. Primary motives of KPO are thought to be the availability of highly-skilled labour, location of industry-specific clusters, product development costs, and the incentive to develop products designed to suit the specific needs of a target market, physically and culturally distant from the home market of a firm.
Keywords: India, KPO, Knowledge Process Outsourcing, Offshoring, Product Development, Global Innovation, Internationalization of R&D
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