Aula Kollegienhaus, University of Basel
CIEB & Innoscape
Globalization of R&D: The World, the U.S. and China | Prof. J. Bradford Jensen / Georgetown University
Over the past 20 years, U.S. multinationals have significantly increased their research and development (R&D) activities outside of the U.S., with most of the growth in offshore R&D occurring outside traditional European R&D locations. These trends are contemporaneous with an increasing importance of software and information technology hardware (and software and hardware engineers) in the R&D process. At the same time, multinationals expand in the “innovation systems” in developing economies like India and China. U.S. multinationals that pursue highly integrated global innovation networks appear to produce “better” innovations. The event will describe these developments and discuss the implications of growing geopolitical competition for global innovation, strategy and policy-making.
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