A model for R&D performance measurement

A model for R&D performance measurement

0.00 Avg rating0 Votes
Article ID: iaor20119199
Volume: 134
Issue: 1
Start Page Number: 212
End Page Number: 223
Publication Date: Nov 2011
Journal: International Journal of Production Economics
Authors: , ,
Keywords: performance evaluation, research and development
Abstract:

R&D activities are increasingly costly and risky and, as a consequence, measuring their performance and contribution to value becomes critical. This paper illustrates a formal model for measuring R&D performance, based upon a balanced and synthetic evaluation of quantitative indicators from five different perspectives of performance: financial, customer, innovation and learning, internal business, alliances, and networks. The model is built in coherence with the suggestions coming from the theory of measurement in soft systems, which gives relevant guidelines for ensuring validity, objectivity and inter‐subjectivity of the model. Then, an application in a real R&D setting is described, which helps to understand the model and to enlighten its main advantages and limits.

Reviews

Required fields are marked *. Your email address will not be published.