Dealing with Virtual R&D Teams in New Product DevelopmentNader Ale Ebrahim, Shamsuddin Ahmed and Zahari Taha
MPRA Paper from University Library of Munich, Germany
Abstract: National and global collaboration in research and development (R&D) is becoming increasingly important in creating the knowledge that makes research and business more competitive. Multinational enterprises have increased their research and development (R&D) investment in different countries. These multiple sites encourage the development of more ideas, due to the varied international backgrounds in global networks and the knowledge spillovers. In order to secure the viability of business processes, services and products R&D teams need to access and retrieve information from as many sources as possible. From the other perspective virtual teams are important mechanisms for organizations seeking to control scarce resources across geographic and other boundaries. Moreover, virtual collaboration has become vital for most organizations. This is particularly true in the context of designing new product and innovative services. In this paper all the major aspects of Virtual R&D team are discussed in technical terms. The paper provides an integral definition and characterization of virtual R&D team. The potential value that is created by virtual R&D teams for new product development is explored. Lastly, pertinent practical guidelines and implications are presented.
Keywords: Virtual R&D team; NPD; Technology management (search for similar items in EconPapers)
JEL-codes: L6 M12 O32 O14 O1 M11 L2 M1 P23 O3 L15 (search for similar items in EconPapers)
Date: 2008-05, Revised 2008-10
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:27120
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