DocumentCode :
2654400
Title :
R&D Budget Management Pattern Innovation - Based on Principle of ABB
Author :
Xiao-chun, GUAN ; Lai-xin, LIANG ; Shao-dong, YAN
Author_Institution :
Central South Univ., Changsha
fYear :
2007
fDate :
20-22 Aug. 2007
Firstpage :
1958
Lastpage :
1963
Abstract :
With the competition of enterprises from productivity to R&D ability, it is imperative to reinforce the financial management during R&D progress. Budget management is especially important as it is a subset of financial management. Based on the analysis of activity-based budgeting (ABB ), combining the characteristic of R&D budget activity, the paper puts forward that ABB can be referred to R&D budget, and then, the authors design a R&D budget model and budget preparation method which based on ABB. The advantage of the pattern lays in through decomposing R&D process layer by layer, corresponding the cost and the activity consumption one by one, therefore realizing the dynamic controlling throughout the R&D process under the given resource of an enterprise, then getting balance of both operating and financial cycle.
Keywords :
activity based costing; budgeting; productivity; research and development; R&D; activity-based budgeting; budget management; financial management; pattern innovation; productivity; Conference management; Costs; Engineering management; Financial management; Forward contracts; Innovation management; Research and development; Research and development management; Technological innovation; Uncertainty; R&D budget; activity; activity-based budgeting; resource;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-7-88358-080-5
Electronic_ISBN :
978-7-88358-080-5
Type :
conf
DOI :
10.1109/ICMSE.2007.4422126
Filename :
4422126
Link To Document :
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