STUDY ON THE ALLOCATION OF R&D INVESTMENT: METHOD OF EVALUATING AND SELECTING R&D PROJECTS FOR INVESTMENT

Author:

NAKAMURA YOSHIKI1,TSUJI MASASHIGE1

Affiliation:

1. Department of Industrial and Systems Engineering, Aoyama Gakuin University, 5-10-1 Fuchinobe Sagamihara-Shi, Kanagawa 229-8558, Japan

Abstract

Any enterprise must undertake evaluation processes in order to select the best R&D projects to help expand their business opportunities, and then make R&D investment decisions. This study presents an evaluation tool for such projects. An assessment of various types of project proposals is conducted, based on a number of assumptions. First, to what extent are these intended projects connected with the business or technology strategy of the enterprise in question? Second, how can these projects contribute to both the business and future growth prospects of the firm? Finally, will the company be able to complete the projects with its current manpower and technology? To confirm the validity of the methods used by the proposed assessment tools, this paper gives several concrete examples, complete with numeric figures. The data have been made available through a kind cooperation with one of the leading automobile companies in Japan.

Publisher

World Scientific Pub Co Pte Lt

Subject

Management of Technology and Innovation

Cited by 6 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. COMPATIBILITY STRATEGIES FOR AN ASYMMETRIC DUOPOLY CONSIDERING NETWORK EFFECTS AND MARKET SHARES;International Journal of Innovation and Technology Management;2011-12

2. R&D PERFORMANCE MONITORING, EVALUATION, AND MANAGEMENT SYSTEM: A MODEL AND METHODS;International Journal of Innovation and Technology Management;2011-06

3. Combinatorial auction algorithm for project portfolio selection and scheduling to maximize the net present value;Journal of Zhejiang University SCIENCE C;2010-07

4. A framework for technology assessment: Case of a Thai building material manufacturer;Energy for Sustainable Development;2009-12

5. ON THE R&D PRIORITY SETTING IN TECHNOLOGY FORESIGHT: A DEA AND ANP APPROACH;International Journal of Innovation and Technology Management;2008-06

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