Analyzing competitive effects of R&D

Author

Tuominen, M.

fYear

1991

fDate

27-31 Oct 1991

Firstpage

779

Abstract

Summary form only given. The authors discuss how one can identify strategic possibilities of R&D projects to benefit the whole company. They put forward an evaluation system to help this task in early stages of development. When identifying the potential of R&D projects with the help of the system, increases in competitiveness and its stability are systematically analyzed. Competitive advantage and its stability are major factors contributing to the long-term cash flow which R&D can affect. Early evaluation of the strategic potential of R&D projects facilitates paying attention to technology factors in strategic planning. On the other hand, in factual development work can aim more at creation of competitiveness and profit. Up to now, one has mainly utilized different comparison figure methods to plan R&D budgets. The developed system helps planning of R&D investments by clearing the potential value of possible R&D projects

Keywords

project engineering; research and development management; R and D projects; competitive effects; development; research; strategic planning; technology factors; Costs; Feedback; Fingers; Lead time reduction; Manufacturing; Product design; Research and development; Robotic assembly; Robots; Strategic planning;

fLanguage

English

Publisher

ieee

Conference_Titel

Technology Management : the New International Language

Conference_Location

Portland, OR

Print_ISBN

0-7803-0161-7

Type

conf

DOI

10.1109/PICMET.1991.183801

Filename

183801