R&D Project Selection Models: An Assessment

$48.00 plus tax (Refund Policy)

Download / Buy Article:

Abstract:

Abstract— The R&D project selection decision is described as a process by which an intermittent stream of changes are made to lists of currently active and proposed projects. It includes generating alternatives, determining when a decision is required, collecting data, specifying constraints and criteria, and recycling. The decision is viewed as imbedded within a hierarchical, diffuse budgeting and planning process. Process characteristics such as multiple criteria whose relative importance varies over time, inherent uncertainty, and parameter interrelationships result in a highly complex decision problem. The existing normative R&D benefit measurement and project selection literature is assessed and the limitations inherent in the proposed models are determined. A number of research opportunities are identified for both methodological and empirical studies.

Document Type: Original Article

DOI: http://dx.doi.org/10.1111/j.1467-9310.1975.tb01362.x

Publication date: February 1, 1975

Related content

Tools

Favourites

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more