Which of the following statements is TRUE with regard to the R&D activities of a firm?
A) As a strategic asset, R&D activities are of moderate importance to the firm.
B) R&D activities are usually concentrated at home.
C) R&D activities have a low likelihood of being internalized.
D) R&D activities have a high likelihood of being outsourced.

Question

Quizplus · Accepted Answer

R&D activities are often concentrated at home due to the need for close coordination with existing product development teams, protection of intellectual property, and leveraging local expertise and resources. This localization helps in maintaining control over the innovation process and ensures the alignment of R&D efforts with the company's strategic goals.

Which of the Following Statements Is TRUE with Regard to the R&D