Chapter 13 IB decision-aids

Overview
Selecting locations for R&D units is a complex decision that depends on the strategic role of the unit and on various country-specific characteristics, such as the cost of conducting research, the availability of knowledge resources, market demand, culture, and the protection of intellectual property rights

 

Activity description
Go to the website of the Global Innovation Index. The GII captures the multi-dimensional facets of innovation capabilities at country level. The Index is a useful tool to managers in the global factory system to analyse and assess the appropriateness of potential R&D location decisions within the broader firm innovation strategy.

Consider

  • What are the challenges of globalising R&D?
  • How do developing countries perform in terms of their innovation rankings?
  • How do the rankings change on different indicators?

 

Visit the following website:
https://www.globalinnovationindex.org/analysis-indicator

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