Title: Evaluation of research and technology projects: a status quo analysis of technology-intensive companies

Authors: Rainer Volker, Holger Schaaf, Philipp Tachkov

Addresses: Kompetenzzentrum Innovation und marktorientierte Unternehmensfuhrung, (Competence Center for innovation and market-oriented Management), Fachhochschule Ludwigshafen am Rhein, (University of Applied Sciences Ludwigshafen am Rhein), Postfach 21 72 30, D-67072, Ludwigshafen, Germany. ' Kompetenzzentrum Innovation und marktorientierte Unternehmensfuhrung, (Competence Center for innovation and market-oriented Management), Fachhochschule Ludwigshafen am Rhein, (University of Applied Sciences Ludwigshafen am Rhein), Postfach 21 72 30, D-67072 Ludwigshafen, Germany. ' Kompetenzzentrum Innovation und marktorientierte Unternehmensfuhrung, (Competence Center for innovation and market-oriented Management), Fachhochschule Ludwigshafen am Rhein, (University of Applied Sciences Ludwigshafen am Rhein), Postfach 21 72 30, D-67072, Ludwigshafen, Germany

Abstract: Evaluating research projects frequently constitutes a challenge to companies, because they are often characterised by considerable complexity and high insecurity. This paper aims at classifying distinct methods of evaluating innovation projects. For that purpose expert interviews have been conducted in a first step. Thereafter the results of the qualitative research have been verified in a survey with 78 technology-intensive companies from four different industrial clusters. The results shall enable companies to apply their resources that are allocated for innovations more effectively and efficiently by the help of the right valuation methods.

Keywords: R&D; research projects; project evaluation; evaluation methods; quantitative evaluation; innovation; semi-quantitative evaluation; qualitative evaluation; technology projects; technology-intensive companies; research and development; industrial clusters.

DOI: 10.1504/IJTIP.2009.024176

International Journal of Technology Intelligence and Planning, 2009 Vol.5 No.2, pp.165 - 190

Available online: 28 Mar 2009 *

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