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Monday, 7 November 2011

Virtual R&D Teams in Small and Medium Enterprises: A Literature Review

Small and medium enterprises (SMEs) are the driving engine behind economic growth. While SMEs play a critical role in generating employment and supporting trade, they face numerous challenges, the prominent among them are the need to respond to fasting time-to-market, low-cost and rapid solutions to complex organizational problems. Towards that end, research and development (R&D) aspect deserves particular attention to promote and facilitate the operations of SMEs. Virtual R&D team could be a viable option. However, literature shows that virtual R&D teaming in SMEs is still at its infancy. This article provides a comprehensive literature review on different aspects of virtual R&D teams collected from the reputed publications. The purpose of the state-of-the-art literature review is to provide an overview on the structure and dynamics of R&D collaboration in SMEs. Specifying the foundation and importance of virtual teams, the relationship between virtual R&D team and SMEs has been examined. It concludes with the identification of the gaps in the existing literatures and calls for future research. It is argued that setting-up an infrastructure for virtual R&D team in SMEs still requires a large amount of engineering efforts and deserves consideration at top level management.
Published in 2010.

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Virtual R&D Teams in Small and Medium Enterprises: A Literature Review

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