A SOLUTION TO THE DILEMMA BETWEEN R&D EXPANSION AND THE PRODUCTIVITY DECLINE:LESSONS FROM THE R&D MODELS IN AMAZON AND FINLAND
International Journal of Managing Information Technology (IJMIT) ISSN : 0975-5586 (Online); 0975-5926 (Print) http://airccse.org/journal/ijmit/ijmit.html Article Title A SOLUTION TO THE DILEMMA BETWEEN R&D EXPANSION AND THE PRODUCTIVITY DECLINE:LESSONS FROM THE R&D MODELS IN AMAZON AND FINLAND Yuji Tou1, Chihiro Watanabe2 ,3, Kuniko Moriya4,2, Pekka Neittaanmäki2 1Dept. of Ind. Engineering & Magm., Tokyo Institute of Technology, Tokyo, Japan 2Faculty of Information Technology, University of Jyväskylä, Finland 3International Institute for Applied Systems Analysis (IIASA), Austria 4Research and Statistics Department, Bank of Japan, Tokyo, Japan ABSTRACT As a consequence of the two-faced nature of information and communication technology (ICT), a majority of ICT leaders have been confronting the critical problem of a dilemma between R&D expansion and productivity decline in the digital economy. However, Amazon has been able to accomplish a skyrocketin...