Internal Research & Development Markets
By: Kasper, Eric [author.].
Contributor(s): SpringerLink (Online service).
Material type:
BookSeries: Contributions to Management Science: Publisher: Heidelberg : Physica-Verlag HD, 2006.Description: XII, 333 p. 62 illus. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9783790817294.Subject(s): Business | Organization | Planning | Management | Industrial management | Industrial organization | Economic policy | Business and Management | Innovation/Technology Management | R & D/Technology Policy | Organization | Industrial OrganizationDDC classification: 658.514 Online resources: Click here to access online | Item type | Current location | Call number | Status | Date due | Barcode | Item holds |
|---|---|---|---|---|---|---|
E books
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PK Kelkar Library, IIT Kanpur | Available | EBK5778 |
Literature review -- Methodology -- Findings of the case studies (cross-case analysis) -- Findings of the survey -- Findings of the group interviews -- Conclusions.
In times of global markets, increasing competition and short product life cycles the effective and efficient management of industrial research and development (R&D) activities is of central importance for companies as well as for the whole economy. Traditionally the resources for R&D projects are allocated via planning- and budgeting procedures, evaluation methods and hierarchical decision-committees. This book presents resource allocation via internal markets as an alternative to such hierarchical decision procedures. It appears that the implementation of internal R&D markets has positive effects on the effectiveness and efficiency of internal R&D resource allocation processes. Internal R&D markets can help to overcome the weaknesses of traditional hierarchical structures, since they are characterised by short communication and decision procedures and thus contribute to the reduction of information asymmetries.
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