An integrated cost-performance model of research and development evaluation
AbstractThis paper proposes an integrated model of R & D evaluation which links the cost of research with its various outputs, from proximal or immediate to the intermediate outputs in the client organizations of the R & D performer. This model differs from previous models in that it consolidates both cost and performance assessment. Indexes of cost-performance are constructed, for each category of output, and as a measure of productivity per scientist and engineer engaged in research. The indexes proposed in this model reflect the relative cost-effectiveness of the R & D activity throughout a substantial portion of the innovation process. As a comprehensive and integrated model, it transcends the limitations of immediate outputs utilized by other models. The model allows for comparisons, at the program, corporate and national levels, of the cost-performance of research. Some methodological and implementation problems are discussed.
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Bibliographic InfoArticle provided by Elsevier in its journal Omega.
Volume (Year): 23 (1995)
Issue (Month): 3 (June)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/375/description#description
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