THE R&D OUTSOURCING DECISION: ENVIRONMENTAL FACTORS AND STRATEGIC CONSIDERATIONS

Jason M. Pattit (), S. P. Raj () and David L. Wilemon ()
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Jason M. Pattit: Opus College of Business, University of St. Thomas, Minneapolis MN 55403, USA
S. P. Raj: Whitman School of Management, Syracuse University, Syracuse NY 13244, USA
David L. Wilemon: Whitman School of Management, Syracuse University, Syracuse NY 13244, USA

International Journal of Innovation and Technology Management (IJITM), 2014, vol. 11, issue 02, 1-22

Abstract: We develop a framework for understanding the direct and indirect influence of various strategic considerations and environmental factors on the project-level R&D outsourcing decision. We argue that environmental factors can act as shift parameters that increase or decrease the costs of outsourcing. We further posit that it is important to consider firm-level strategic considerations in addition to the project- and transaction-level characteristics that are typically the focus of an R&D outsourcing decision, which highlights the importance of integrating the information possessed by managers from different levels of the organization. Finally, we discuss several directions for future research in this increasingly important area of innovation and technology management.

Keywords: R&D; outsourcing; innovation (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (1)

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DOI: 10.1142/S0219877014500023

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