The role of R&D in international process plant contracting
by David A. Von Emloh, Alan W. Pearson, Derrick F. Ball
International Journal of Technology Management (IJTM), Vol. 9, No. 1, 1994

Abstract: This paper examines the question of whether or not international process plant contractors should perform R&D, either in-house or in collaboration with clients as partners. It then looks to determine the extent to which this research should be targeted either by process or sector. A comparison of process plant contractors which undertake R&D with those which do not shows no relationship between R&D expenditure and profitability. It appears that where R&D constitutes a competitive advantage it is through winning contracts which otherwise may have been lost and by some increased income from licensing. The paper then focuses on the possible R&D strategies for contractors, discriminating between large and small firms and examining whether or not those without an in-house facility should establish one. A major recommendation for contractors involved in R&D is the need for quite specific focusing of this activity.

Online publication date: Sat, 23-May-2009

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