Affiliation:
1. Industrial Management, Tampere University of Technology, Tampere, Finland
2. Faculty of Business and Built Environment, Tampere University of Technology, Tampere, Finland
Abstract
To attain benefits and value, multiproject R&D management seeks synergy between projects. Selecting or inventing appropriate end-product components within R&D programs is a concrete example of the synergy between projects. Lowering the number of different components used across projects (i.e., increasing component commonality) can lower end-product costs, which can contribute to firm-level profitability. Prior research, however, shows component commonality as a limitation of innovativeness in multiproject R&D. Conversely, this article shows that component commonality can also serve as the source of innovation, making component commonality an area of special interest to multiproject R&D management and research.
Funder
Finnish Center for Technology and Innovation (TEKES)
Suomen Akatemia
Subject
Management of Technology and Innovation,Strategy and Management,Business and International Management
Cited by
14 articles.
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