International technology collaboration for new product development

David Bennett, Kirit Vaidya, Hongyu Zhao, Steve Brittan

Research output: Chapter in Book/Published conference outputConference publication

Abstract

In recent years it has become increasingly common for companies to improve their competitiveness and find new markets by extending their operations through international new product development collaborations involving technology transfer. Technology development, cost reduction and market penetration are seen as the foci in such collaborative operations with the aim being to improve the competitive position of both partners. In this paper the case of technology transfer through collaborative new product development in the machine tool sector is used to provide a typical example of such partnerships. The research evidence on which the paper is based includes longitudinal case studies and questionnaire surveys of machine tool manufacturers in both countries. The specific case of a UK machine tool company and its Chinese partner is used to provide a specific example of the operational development of a successful collaboration. The paper concludes that a phased co-ordination of commercial, technical and strategic interactions between the two partners is essential for such collaborations to work. In particular, the need to transfer marketing know-how is emphasised, having been identified as an area of weakness among technology acquirers in China.
Original languageEnglish
Title of host publicationCivilization, modern technology and sustainable development
Subtitle of host publicationproceedings of the 8th International Conference on Management of Technology
EditorsYasser Hosni, Khalil T. Lefebvre
Number of pages10
Publication statusPublished - 1999
Event8th international conference on management of technology - Cairo, Egypt
Duration: 15 Mar 199917 Mar 1999

Conference

Conference8th international conference on management of technology
Abbreviated titleIAMOT 1999
CountryEgypt
CityCairo
Period15/03/9917/03/99

Bibliographical note

IAMOT conference is the source where it was published.

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