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Development and application of a new methodology of evaluating industrial R&D projects

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Abstract:

This paper proposes a new methodology of evaluating industrial R&D projects to assess the effectiveness of future R&D in terms of financial credibility, to prioritize them efficiently by clear criteria to reduce the time and burden consumed by both project leaders and management staffs. A new methodology has been developed and applied to all Sumitomo Electric Industries (SEI) R&D projects, and is recognized as a useful system for evaluating many R&D projects in a short period, such as 150 projects per month.

Document Type: Research Article

DOI: http://dx.doi.org/10.1111/1467-9310.00240

Affiliations: 1: Sumitomo Electric Industries, Ltd. Japan, osawa–yoshitaka@sei.co.jp 2: Sumitomo Electric Industries, Ltd. Japan

Publication date: January 1, 2002

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