E-Commerce

Virtual R & D Teams In Small And Medium Enterprises: A Literature Review

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Executive Summary

Small and Medium Enterprises (SMEs) are the driving engine behind economic growth. While SMEs play a critical role in generating employment and supporting trade, they face numerous challenges, the prominent among them are the need to respond to fasting time-to-market, low-cost and rapid solutions to complex organizational problems. Towards that end, Research and Development (R & D) aspect deserves particular attention to promote and facilitate the operations of SMEs. Virtual R & D team could be a viable option. However, paper shows that virtual R & D teaming in SMEs is still at its infancy. This paper provides a comprehensive literature review on different aspects of virtual R & D teams collected from the reputed publications.

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