Title: Market focus and management strategy are the critical factors of R&D in Indian manufacturing firms
Authors: Sushanta Tripathy
Addresses: School of Mechanical Engineering, KIIT University, Bhubaneswar 751024, Odisha, India
Abstract: The aim of this paper is to explore the barriers and critical success factors that affect the research and development (R&D) performance in Indian manufacturing firms. Past works help in identifying major factors for R&D practices and their relationships. A questionnaire survey among 262 R&D personnel of 38 manufacturing firms and an analysis of the response by factor analysis, principal component analysis, and structural equation modelling revealed that R&D management strategy and market focus are the most significant enabling factors for the R&D practices in Indian manufacturing firms.
Keywords: R&D management; India; PCA; principal component analysis; structural equation modelling; SEM; market focus; management strategy; India; manufacturing industry; research and development; barriers; CSFs; critical success factors; R&D performance.
DOI: 10.1504/IJIIM.2013.059973
International Journal of Intercultural Information Management, 2013 Vol.3 No.4, pp.292 - 304
Received: 18 May 2013
Accepted: 22 Feb 2014
Published online: 22 Mar 2014 *