Internal Research & Development Markets (Contributions to Management Science) - Image 1

£59.42

Physica Internal Research & Development Markets (Contributions to Management Science)

Name: Internal Research & Development Markets (Contributions to Management Science)
Brand: Physica
Price: 59.42 GBP
Availability: InStock

Economic Policy & Development

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£59 today · all-time low £59 (Jul 2026) · usually £59

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Description

Traditionally resources for R and D projects are allocated via planning and budgeting procedures, evaluation methods and hierarchical decision-committees. This book presents resource allocation via internal markets as an alternative to such hierarchical decision procedures. Internal R and D markets can help to overcome the weaknesses of traditional hierarchical structures, since they are characterised by short communication and decision procedures and thus contribute to the reduction of information asymmetries. From the Back Cover In times of global markets, increasing competition and short product life cycles the effective and efficient management of industrial research and development (R&D) activities is of central importance for companies as well as for the whole economy. Traditionally the resources for R&D projects are allocated via planning- and budgeting procedures, evaluation methods and hierarchical decision-committees. This book presents resource allocation via internal markets as an alternative to such hierarchical decision procedures. It appears that the implementation of internal R&D markets has positive effects on the effectiveness and efficiency of internal R&D resource allocation processes. Internal R&D markets can help to overcome the weaknesses of traditional hierarchical structures, since they are characterised by short communication and decision procedures and thus contribute to the reduction of information asymmetries.

Product Specifications

Brand: Physica
Format: paperback
ASIN: 3790817287
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Policy & Development
Domain: Amazon UK
Release Date: 07 June 2006
Listed Since: 31 December 2006

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Physica Internal Research & Development Markets (Contributions to Management Science)

About as cheap as it gets. The only time it was cheaper was 1 month ago.

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