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Economic and Financial Monitoring of Research Organizations

Author

Listed:
  • Pagliacci Mario G.R.

    (Department of Economics, Terni, Università degli Studi di Perugia, Italy)

  • Rossi Federico

    (Laboratorio Athena, Italy)

Abstract

A research project achieves its utmost utility when it manages to combine the achieved technical-scientific results with the optimization of economic and financial resources adopted. Effective research budget structuring is required as well as focused monitoring of the use of resources on the basis of planned scheduling. When creating the budget, it is essential to optimize the times and ways of use of researchers because resources are fundamental. The monitoring phase should make sure that the controlling body is not related to the scientific director of the project itself. Furthermore, monitoring should ensure prompt notification of budget deviations so that the research director can make the required corrections.

Suggested Citation

  • Pagliacci Mario G.R. & Rossi Federico, 2018. "Economic and Financial Monitoring of Research Organizations," Journal of Intercultural Management, Sciendo, vol. 10(3), pages 155-170, September.
    • Handle: RePEc:vrs:joinma:v:10:y:2018:i:3:p:155-170:n:8
    DOI: 10.2478/joim-2018-0021
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    More about this item

    Keywords

    Research; controlling; efficiency; effectiveness;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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