Final answer:
A Hybrid Research Company delegates research responsibility to subsidiaries while retaining overall control and strategy at the headquarters, combining centralized focus with decentralized execution.
Step-by-step explanation:
The type of company that delegates responsibility for research to operating subsidiaries but retains overall responsibility and control of research as a headquarters' function is known as a Hybrid Research Company. This model combines elements of both centralized and decentralized approaches, allowing for flexibility and specialized focus at the subsidiary level while maintaining a cohesive direction and strategy for research at the corporate level.
The hybrid approach enables subsidiaries to develop expertise in specific areas and respond quickly to local market conditions or technological changes, while the headquarters ensures that the research efforts align with the company's overall business objectives and maximizes resource utilization.