Industrial Research for Future Competitiveness

1. The crucial question: to invest or not to invest in research?.- 2. Characteristics of research.- 2.1 Problems of measurement and definition.- 2.2 Appropriability and transferability of research results.- 2.3 Specific risks of research.- 2.4 Specific benefits from research.- 3. Reasons for research.- 4. Research as a source of potentials.- 5. Research potentials and project funding decisions.- 6. On property rights and project potentials.- 7. Research potentials and relative share of research.- 7.1 Mandatory research.- 7.2 Mandatory research and transfer cost.- 7.3 Supportive research.- 7.4 Tests of the basic relationships.- 7.5 Estimates of research elasticities.- 7.6 Limits to research expenditure.- 8. On sufficient conditions for research success.- 9. Primary research potentials as a necessary condition for research success.- 9.1 A taxonomic approach.- 9.2 Diagnosis of trouble.- 9.3 Suggestions for building potentials.- 9.4 How much attention for each function?.- 10. On locating research.- 10.1 Qualitative analysis.- 10.2 Modeling the location decision.- 11. Conclusions.- Basic research expenditures as a percentage of total research and development expenditures in major industrialized countries, 1971-1993.- Nominal and real industrial research expenditure in three countries (Germany, Japan, U.S.).- The relationship between the share of industrial research expenditures and the interest rate in Germany for three industries, 1965-1991.- Example of a Mission Statement.- Literature.

Based in particular on interviews conducted in European and Japanese firms, this book explains the influence of research activities on industrial competitiveness. It will help managers to come up with better planning of their technology strategies.