Internal Research & Development Markets [electronic resource] / by Eric Kasper.

Por: Kasper, Eric [author.]Tipo de material: TextoTextoSeries Contributions to Management ScienceEditor: Heidelberg : Physica-Verlag HD, 2006Descripción: XII, 333 p. 62 illus. online resourceTipo de contenido: text Tipo de medio: computer Tipo de portador: online resourceISBN: 9783790817294Trabajos contenidos: SpringerLink (Online service)Tema(s): Economics | Industrial organization (Economic theory) | Business planning | Technology | Economics/Management Science | Technology Management | R & D/Technology Policy | Organization/Planning | Industrial OrganizationFormatos físicos adicionales: Sin títuloClasificación CDD: 658.514 Clasificación LoC:HD28-70Recursos en línea: de clik aquí para ver el libro electrónico
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Springer eBooksResumen: 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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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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