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Hindi Risk of Technological Disruptions and Investment Decisions in Independent Research and Development across Global Supply Chains
*Corresponding Author:Received Date: Jun 01, 2024 / Accepted Date: Jun 29, 2024 / Published Date: Jun 29, 2024
Citation: Juana M (2024) Risk of Technological Disruptions and Investment Decisions in Independent Research and Development across Global Supply Chains. Int J Adv Innovat Thoughts Ideas, 12: 277.DOI: 10.4172/2277-1891.1000277
Copyright: © 2024 Juana M. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Abstract
The interconnected nature of global supply chains exposes businesses to various risks, among which technological disruptions play a pivotal role. These disruptions, ranging from cyber threats to geopolitical tensions and natural disasters, can severely impact supply chain operations and necessitate proactive risk management strategies. This article explores the dynamic relationship between the risk of technological disruptions and investment decisions in independent research and development (R&D) initiatives across global supply chains. It examines how businesses navigate uncertainties surrounding R&D investments amidst technological disruptions, considering factors such as risk assessment frameworks, technological readiness, regulatory compliance, and market dynamics. Through case studies and best practices, the article highlights strategies for enhancing resilience, fostering innovation, and achieving sustainable growth in the face of evolving supply chain risks. Effective policy recommendations are proposed to promote collaboration, facilitate technology transfer, and strengthen supply chain resilience against technological disruptions, thereby positioning businesses to capitalize on opportunities in a competitive global marketplace.
