(Solution Document) BUSM 4178 Issues in International Business Week 3. R&D and International Business Competitiveness Dr Joseph H.

R&D and IB

Q 1. Explain the difference between product and process innovation. Give an example to illustrate your answer.

Q 2. Briefly discuss the technology planning framework. Provide examples as necessary.

Q 3. What are some reasons for choosing (i) centralised R&D ; and (ii) decentralised R&D for MNEs?

Q 4. Explain how MNEs may benefit from international R&D collaboration. Are there any potential risks involved in international R&D collaboration?


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