A description of a course that looks at how research and development (R&D) activity is organized in some countries.
767 words (approx. 3.1 pages) |
3 sources |
APA | 2009
Paper Summary:
This paper gives an overview of a proposed course that will study the organization of R&D activity in some countries. The author provides definitions of research activity, a brief literature review, and some case studies on multinational companies. The paper concludes with ideas for future courses on R&D organization. This paper contains figures and a table.
Outline:
Purpose
Design/Methodology/Approach
Findings
Research Limitations/ Implications
Practical Implications
Originality/Value
Introduction
Literature Review
Case Studies
Conclusion
From the Paper:
"In contrast to the research project valuation problem, the budget allocation problem operates at a more strategic level. As most biotech companies NatImmune rely on venture capital companies and other investors for funding of the R&D projects in the pipeline. It is therefore vital for a biotech company like NatImmune to be able to quantify the value of R&D projects - not only for investors, but for management purposes and resource allocation as well. Biotech companies therefore need a model that incalculates both the risks, strategic options and market uncertainties they face."
Sample of Sources Used:
Chiesa, V. (2000). "Global R&D project Management and organisation: taxonomy", Journal of Production Innovation Management, 17, 341-359.
Douglas, A.B and Rouse. W.B. (2007). "Understanding R&D value creation with organisational simulation", Published online in Wiley InterScience (www.interscience.wiley.com).
Eukalund. A. (2005), "Valuating Biotech project portfolios using CRYSTAL BALL and real options - Case: NATIMMUNE", Proceedings of the 2005 Crystal Ball User Conference.