Items related to Internal Research & Development Markets (Contributions...

Internal Research & Development Markets (Contributions to Management Science) - Softcover

Kasper, Eric

 
9783790817287: Internal Research & Development Markets (Contributions to Management Science)
Softcover
ISBN 10: 3790817287 ISBN 13: 9783790817287
Publisher: Physica, 2006

Synopsis

In times of global markets, increasing competition and short product life cycles the effective and efficient management of industrial research and development (R and D) activities is of central importance for companies as well as for the whole economy. Traditionally the resources for R and 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 and D markets has positive effects on the effectiveness and efficiency of internal R and D resource allocation processes. Internal R and 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.

"synopsis" may belong to another edition of this title.

From the Back Cover

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.

"About this title" may belong to another edition of this title.

Publisher
Physica
Publication date
2006
Language
English
ISBN 10 
3790817287
ISBN 13 
9783790817287
Binding
Paperback
Number of pages
345