Benefits and Pitfalls of Virtual R&D Teams: An Empirical Study
6th International Communication & Information Technology Management Conference, 2010
5 Pages Posted: 20 Dec 2010
Date Written: February 23, 2010
In this paper, advantages and drawbacks of virtual teams in research and development (R&D) are studied. With the globalization of commercial practices and advances in information and communication technologies, increasing numbers of enterprises are establishing cross-functional, geographically distributed virtual teams. Virtual teams in R&D are designed to access external resources and knowledge to maximize the competitive advantage from limited labor and resources. A survey has been conducted on 210 Malaysian and Iranian manufacturing companies, aimed to investigate the characteristics of R&D collaborations and extract the main advantages/disadvantages’ factors of virtual teams. These factors can be a guide line for R&D manager to achieve better performance of virtual teams.
Keywords: Virtual Teams, Research and Developments, Survey Finding
JEL Classification: L1, L11, L7, M11, M12, M1, Q32, Q31, M54, O1, O3, O32, P42, P24, L17, L15, Z, N6
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