Question: Briefly explain MNEs (1 ) home-base exploiting R&D activities, (2) home-base augmenting R&D activities , and (3) hybrid type of R&D activities between the two,

Briefly explain MNEs (1) home-base exploiting R&D activities, (2) home-base augmenting R&D activities, and (3) hybrid type of R&D activities between the two, respectively. Among the three distinct types of MNEs R&D activities, which group does Toyota belong to and why?

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