Furusawa, Masaaki; Ishida, Shuichi - In: Management Decision 62 (2024) 12, pp. 4148-4164
study highlights how subsidiary research and development (R&D) contributes to a parent company’s global strategy formulation …&D subsidiaries’ strategies with the parent company are explained. Further, we show that global strategy formulation should not be … headquarters”. Research limitations/implications We failed to discuss how headquarters’ R&D is implemented in strategy formulation …