Business Policy and Strategy

RESEARCH AND DEVELOPMENT PROJECT MANAGEMENT

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Global competition encourages companies to seek for a more
innovative way to survive. More and more complex R&D-based activities
are introduced and the managerial approach is extremely important,
while R&D by its nature requires special managerial attitude. However, as
time and money-consuming activities, R&D activities are under high risk
and uncertainty. Therefore, public and private partnership seems to be a
plausible measure that could be exploited as a stabilised factor for the private
sector for sharing the risk on the one hand and increasing the performance
and effectiveness for the public R&D sector on the other. The other benefits
include: helping focussing public R&D programmes, increasing awareness
between industry, regulators and researchers, closing the gap between
theory and technology1.
However, the fact that those public research institutions, as new
knowledge generators, represent a different approach towards R&D results
from R&D intensive businesses, which presuppose the exploitation of R&D
results, and these differences should be taken into consideration when talking
about public and private partnerships. Meanwhile, public R&D institutions
act in a less competitive environment, which has conditioned lower tension
and less stressful environment resulting in less innovative output. As a
consequence, the managerial approach for public R&D institutions is left
out of day-to-day processes

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Detail Information

Series Title

RESEARCH AND DEVELOPMENT PROJECT MANAGEMENT

Call Number

-

Publisher

: Mykolo Romerio universitetas,., 2012

Collation

1-111

Language

English

ISBN/ISSN

978-9955-19-637-2

Classification

NONE

Content Type

-

Media Type

-

Carrier Type

-

Edition

1st Edition

Subject(s)

Project Management

Specific Detail Info

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Statement of Responsibility

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