Husted, Kenneth (Department of Management, Politics and Philosophy, Copenhagen Business School)
Abstract
This paper deals with issues related to management of industrial research. The
overall research question is how industrial researchers can be managed to
increase the company’s benefits. The relevance of this question is put into
perspective by two main considerations. On the one hand, it is widely recognized
that individual researchers should possess a high level of autonomy to preserve
the ability of research to renew itself. On the other hand, companies need to
maintain control over that freedom to develop their research activities in a long-term
company perspective.
The paper contributes to a deeper understanding of the management of industrial
research by moving the focus from risk management and portfolio planning
(decision and control based management) to management in situations marked by
high uncertainty and asymmetric distribution of information (management of
self-governing systems). More specifically, the evolutionary perspective on
individual adaptation is used in combination with evolutionary economics to
create an analytical framework for understanding managerial action in industrial
research. This framework, is used to explain how managers can try to increase
the probability that individual research processes create results, which eventually
increase the fit of the company to its environment. It is argued that research
managers can, to a certain extent, influence the complex processes of individual
adaptation by influencing individual decision making through a) setting and
communicating research specific goals and b) creating and maintaining shared
cognitive frames.
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Publisher Info
Paper provided by Copenhagen Business School, Department of Management, Politics & Philosophy in its series Working Papers with number
11/1999.
Length: 21 pages Date of creation: 01 Oct 1999 Date of revision: Handle: RePEc:hhb:cbslpf:1999_011
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