R&D Strategies in Multinational Enterprises from 2010 to 2020: A Literature Review

Abstract

Studies on Multinational enterprises (MNEs) have experienced rapid growth over the last decade years. The significance attached to MNEs were attached by foreign direct investment (FDI). There is no comprehensive review to examine current research on Research and Development (R&D) strategies in this field. The article aims to increase the understanding of the R&D strategies effect on Multinational enterprises with relevant indicators in the last decade. The data extraction took place at the end of August 2020 in the Spring link and Science Direct. This study analyzed relevant academic, peer- reviewed journal articles published in English for 2010-2020 in the business discipline indexed in the Spring link and Science Direct. The findings conclude there are three mainstreams R&D strategies on MNEs dominant: 1) R&D international; 2) The approaches to investment destinations; 3) Technology creation and absorption. 4) R&D expenditures and investment. These results can help managers, researchers, and policymakers better understand R&D expenditures, R&D internationalization on MNEs.