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Author:Ireland, R. D.
Hitt, M. A.
Skivington, J.
Title:Managing R and D in diversified companies
Journal:Research Management
1990 : JUL-AUG, VOL. 33:4, p. 37-42
Index terms:R&D MANAGEMENT
COMPANIES
DIVERSIFICATION
INVESTMENTS
RESOURCE ALLOCATION
EFFECTIVENESS
Language:eng
Abstract:It is critical that managers invest appropriately in R and D (research and development) and that they manage these investments effectively. Two contingencies are evaluated that appear from the evidence to be linked with effective R and D investment and management: a firm's environment and its strategy. The stability of a firm's external environment and its level of diversification affect the level, type and management of its R and D investments. It is concluded that R and D effectiveness is increased through differential allocation of resources, appropriate emphasis on product and process R and D, and the management of linkages among business units.
SCIMA record nr: 86288
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