Abstract
The objective of this project is to gain a better understanding of how small and medium sized enterprises (SMEs) balance research and development (R&D) activities. We explore modern R&D tools and methodologies through literature research. These tools and methodologies are then aligned with “External Variables and Internal Conditions” as identified by Keizer et al. and a framework is created [1]. This framework is applied to a case study. The case study examines HECO, the Hawaiian Electric company, representing a small enterprise. The results of this analysis show that the proposed framework for understanding SME R&D programs is viable.
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Hershberg, K., Elliot, J., Tamimi, S., Daim, T. (2013). How Can Small and Medium Enterprises Maintain a Balance of Research and Development?. In: Daim, T., Oliver, T., Kim, J. (eds) Research and Technology Management in the Electricity Industry. Green Energy and Technology. Springer, London. https://doi.org/10.1007/978-1-4471-5097-8_11
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DOI: https://doi.org/10.1007/978-1-4471-5097-8_11
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