Productivity and performance measurement in R&D Online publication date: Sun, 17-Aug-2003
by Alan Stainer, Bill Nixon
International Journal of Technology Management (IJTM), Vol. 13, No. 5/6, 1997
Abstract: The paper discusses the challenges facing productivity and performance measurement in research and development (R&D). Traditional methods are generally not appropriate because of the nature of the output which is long-term and often intangible. R&D can be related to three types of pertinent measures which are the process, the output and the pay-off. Capability and latency are also illustrated as the strategic link between productivity and performance. Total productivity, supported by a family of partial yardsticks, is advocated as the most effective means of control. Benchmarking is shown as significant and important in the pursuit of improved R&D management. It is stressed that though measurement may be difficult it is vital for the success of R&D strategic planning.
Online publication date: Sun, 17-Aug-2003
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