• the need to capitalize on the global resource pool to successfully and cost-competitively use scarce resources, wherever located;
• the business advantages of proximity to the market, including knowledge of customers and local conditions, as well as the good will engendered by local investment;
• the quick formation of virtual corporations and virtual teams to exploit market opportunities;
• severe pressure to improve time-to-market by using time zone differences in "round-the-clock" development; and
• the need for flexibility to capitalize on merger and acquisition opportunities wherever they present themselves.
James D Herbsleb is currently a member of the Software Production Research Department and leader of the Bell Labs Collaboratory project. For the last three years, his work has focused on collaboration technology to support large, globally distributed projects. For the past 10 years, he has conducted research in collaborative software engineering, human-computer interaction, and computer-supported cooperative work. He holds an MS in computer science from the University of Michigan and a PhD in psychology from the University of Nebraska. Contact him at firstname.lastname@example.org.
Deependra Moitra is currently general manager of engineering at the Lucent Technologies India R&D Program. His interests are in software engineering management, management of technology and innovation, new-product innovation, R&D globalization, and entrepreneurship in software and high-tech industries. He serves on the editorial boards of Research-Technology Management, Technology Analysis and Strategic Management, International Journal of Entrepreneurship and Innovation, Journal of Small Business Management, Journal of Knowledge Management, and IEEE Software. He is a member of IEEE, IEEE Computer Society, IEEE Engineering Management Society, and the ACM. Contact him at email@example.com.