Internal Research & Development Markets

  • Eric┬áKasper

Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Table of contents

  1. Front Matter
    Pages I-XII
  2. Pages 1-18
  3. Pages 19-85
  4. Pages 86-136
  5. Pages 163-217
  6. Pages 230-254
  7. Back Matter
    Pages 255-333

About this book

Introduction

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.

Keywords

Innovation Management Internal Markets R&D Organization Research & Development Resource Allocation planning science and technology

Authors and affiliations

  • Eric┬áKasper
    • 1
  1. 1.SAP AGWalldorfGermany

Bibliographic information

  • DOI https://doi.org/10.1007/3-7908-1729-5
  • Copyright Information Physica-Verlag Heidelberg 2006
  • Publisher Name Physica-Verlag HD
  • eBook Packages Business and Economics
  • Print ISBN 978-3-7908-1728-7
  • Online ISBN 978-3-7908-1729-4
  • Series Print ISSN 1431-1941
  • About this book