This is in contrast to Samsung in my previous posting, from the Financial Times regarding Canon:
"Technology has become too complex for Canon to develop everything in-house and it is expected to make more acquisitions... the company’s chief financial officer said in an interview with the Financial Times.
“We can no longer cover everything with our own technology so we need alliances and tie-ups,” said Toshizo Tanaka.
His comments highlight how the traditional model for Japanese electronics companies of relying solely on internal research and development has broken down.
Canon is likely to make acquisitions rather than license technology, however, in order to differentiate its products.
“If [technology] is not closed then others can make similar devices,” Mr Tanaka said."
This is still a traditional model. Opportunities remain in the areas of customer/consumer driven innovation, driving supplier/partners to invest in R&D and/or introduce new invention into existing products, academic research tie-ups, etc.