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R and D by multinationals for overseas markets

Journal Article · · Res. Manage. (N.Y.); (United States)
OSTI ID:6702397
Research and development (R and D) for the multinational's foreign markets is beginning to be explored as expansion opportunities emerge. Overseas products can be duplications and adaptations of domestic products or manufacturing processes and spinoffs of high technology that are uniquely applicable to less-developed countries (LDCs). The author reviews a canvas of the largest multinational corporations, who reported specific research for overseas markets in the fields of housing, communications, power generation, agricultural equipment and chemicals, medicine, petrochemical derivatives, desalination, rubber products, ethylene, and new-town development. Licensing and joint ventures account for much of the recent growth of technology transfer. Other new trends of note are the insistency by LDCs that local labor and raw materials be used, an increase of skilled workers and R and D within the LDCs, a shift in World Bank support to projects that are small-scale, short-term, and labor-intensive, and an increase in groups forming to promote appropriate technology.
OSTI ID:
6702397
Journal Information:
Res. Manage. (N.Y.); (United States), Journal Name: Res. Manage. (N.Y.); (United States) Vol. 21:4; ISSN RESMA
Country of Publication:
United States
Language:
English