Evaluation and Performance Measurement of Research and Development

Evaluation and Performance Measurement of Research and Development

Techniques and Perspectives for Multi-Level Analysis

Vittorio Chiesa and Federico Frattini

This book develops and illustrates a comprehensive, multi-level framework for the evaluation of industrial R & D activities and the measurement of their performances. The framework encompasses a set of hierarchical, interrelated levels at which R & D evaluation and performance measurement could be undertaken. This enlightening book focuses on the single industrial firm to study performance measurement of R & D functions, projects and individual researchers or engineers. It also addresses the R & D evaluation from the point of view of financial markets, with a focus on the relationships between R & D investments and the value of the traded firm.

Chapter 3: R & D People

A. Di Minin and A. Piccaluga

Subjects: business and management, organisational innovation, economics and finance, industrial organisation, innovation and technology, organisational innovation, technology and ict


3. 3.1 R&D people INTRODUCTION This chapter introduces another dimension of Research & Development performance management and evaluation: people. Human resources (HR) in R&D are managed in most organizations as a separate body from the main organizational structure of the firm, and in most cases they receive special attention, given the peculiarities of the knowledge-intensive activities performed by researchers and engineers. The topic has been debated by practitioners and academics for years, but nonetheless the existing literature does not completely satisfy the current needs and does not respond fully to a series of issues which have emerged very recently. Szakonyi (1994a) observes that although almost everyone involved in managing industrial companies believes R&D should play a vital role in sustaining and growing a company’s business, surprisingly only a small percentage of companies have world-class R&D conscious management. People operating in R&D laboratories represent crucial assets in modern industrial organizations, especially in the case of knowledge-based firms. Each researcher brings to the company his/her tacit knowledge, technical background, vocational qualifications, professional certification, workrelated know-how, work-related competence, creativity and social links with other people and organizations. These elements represent at the same time the single greatest potential asset of the firm and also one of the most troubling sources of uncertainty and management complexity. In particular, it can be argued that human resources are among the most valuable assets in innovative organizations since they play a fundamental role in the creation of competitive advantage through technological leadership. However,...

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