Challenges in Global Knowledge Transfer and Research & Development

In today’s world, Global knowledge transfer has increasingly become a mechanism to increase Research & Development activities since effective R&D leads to innovation. It is important to remember that for corporate world, the knowledge transfer mechanism is a source for greater growth, and therefore they like to invest in ways to achieve it. The innovative businesses make the biggest profits and greatest growth. Therefore, companies like to learn and apply effective knowledge transfer techniques, to assist better Research & Development, in order to achieve greater growth. Our goal throughout this article is to provide our analysis based on deep rooted research in a compact fashion which will mainly encompass the major challenges, dilemmas and classic examples of global knowledge transfer & R&D today.

Keywords:

Innovation , Business , Knowledge Transfer , Challenge