Home > News > Multinational Electronics Corporations Outsource R&D Activities
November 26th, 2006
Multinational Electronics Corporations Outsource R&D Activities
Abstract:
A notable trend in the R&D outsourcing industry is the move toward developing global networks for the purpose of product development. Through this, companies are leveraging the capabilities of different regions to build an efficient R&D chain. For instance, Europe specializes in the medical, automation, as well as automotive technologies and the United States specializes in instrumentation and control as well as the biotechnology and nanotechnology sectors, while India specializes in software and China in production technologies. Setting up R&D facilities in each of these locations based on their capabilities for distributed product development has escalated the quality of products and decreased the time for development. Hence, an innovation model could involve a U.S. chip designer, a software development company from India, and an electronic product development firm based in China
Source:
businesswire.com
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