Title: Major considerations in the corporate development of R&D strategies within Australian technology-based firms

Authors: Ziqi Liao, Paul F. Greenfield

Addresses: Nanyang Business School, Nanyang Technological University, Nanyang, Avenue, 639798 Singapore. Office of the Pro-Vice-Chancellor, Physical Science and Engineering, The University of Queensland, Brisbane, Queensland 4072, Australia

Abstract: The work reported in this paper empirically examines major considerations in corporate R&D decision making in Australia. A set of hypotheses is tested through analysing the data obtained from one hundred and twelve technology-based companies with R&D activities. Australian R&D managers generally perceive that consistency with customer requirements, a firm|s competitive strategy and the competitive market environment is critical for strategic R&D decision making. They also believe that R&D decisions must take into account both current technological trends and a firm|s resources and capability. Australian companies, while taking advantage of government tax incentives for industrial R&D, do not regard such incentives as key to formulating corporate R&D strategies.

Keywords: R&D; decision making; strategic management; competitive market environment; technology-based firms; Australia.

DOI: 10.1504/IJTM.1997.001686

International Journal of Technology Management, 1997 Vol.13 No.5/6, pp.588-600

Published online: 17 Aug 2003 *

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