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

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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.
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Document Type: Research Article

Affiliations: 1: Sumitomo Electric Industries, Ltd. Japan, osawa– 2: Sumitomo Electric Industries, Ltd. Japan

Publication date: 2002-01-01

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