Title :
R&D resource allocation and linkage with business strategies - a technology lifecycle perspective
Author :
Cheng, S.S. ; Lee, H.C.
Author_Institution :
Dept. of Bus. Adm., Chang Jung Christian Univ., Tainan, Taiwan
Abstract :
This study modifies Scholefield¿s (1994) dynamic R&D resource allocation concept and discusses its relationship with business strategies. We substitute original measures with the degree of business leverage (DBL) and the degree of R&D leverage (DRDL). These two measures are more useful and objective than those of Scholefield¿s. In addition, DBL and DRDL can be combined with the concepts of product and technology lifecycle and technology adoption more firmly. Managers can use DBL and DRDL to help them make optimal R&D resource allocation and business strategy decisions.
Keywords :
commerce; decision making; research and development; resource allocation; technology management; business strategies; decision making; degree of business leverage; degree of research and development leverage; dynamic research and development resource allocation; technology lifecycle perspective; Business; Commercialization; Couplings; Finance; Financial management; Investments; Profitability; Research and development; Research and development management; Resource management; R&D resource allocation; business strategy; product/technology life cycle;
Conference_Titel :
Industrial Engineering and Engineering Management, 2008. IEEM 2008. IEEE International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-2629-4
Electronic_ISBN :
978-1-4244-2630-0
DOI :
10.1109/IEEM.2008.4737830