文档介绍：Proceedings of MIM 2002:
5th International Conference on Managing Innovations in Manufacturing (MIM)
Milwaukee, Wisconsin, USA
September 9-11, 2002
LINKING STRATEGIC PLANNING WITH R&D PORTFOLIO MANAGEMENT
IN AN ENGINEERING RESEARCH CENTER
Zbignew J. Pasek, Farshid Maghami Asl
NSF Engineering Research Center
University of Michigan
Ann Arbor, Michigan, USA
ABSTRACT
In the current practice of industrial research and development (R&D) management tools are playing an increasing
important role. The growing need for alignment of R&D with business objectives, market-driven strategies and
investment risk reduction are the drivers for employing portfolio management techniques. This paper proposes use
of a financial portfolio management approach as a tool enabling development of operational plans derived from
strategic plans in an Engineering Research Center.
Keywords: R&D management, research portfolio, strategic planning, engineering research center.
1. INTRODUCTION
The shift to knowledge-based economy experienced in the recent years, places central interest in the process of
generating innovations and creating the new knowledge. Research and development (R&D) is one of the means by
which the stock of new knowledge can be increased in anized way. Over the past few decades, anization
of innovation and R&D processes went through a number of significant transf