Almost half a century of diversification research supports the
suggestion that related resources lead to a superior performance of
multibusiness firms. Nonetheless no direct measurement concept on a
complete resource base of a single business function exists up to
now. This book is focusing on this gap and the understanding of
R&D. Besides the core question of relatedness there are two
main hypotheses developed: Is relatedness similar to the potential
synergies of a resource which is tested to be significantly true
while knowledge based resources are tested not to be more important
for the success of R&D than others. The results suggest that
three resources are most important in terms of relatedness. These
are analysed and categorised on a more detailed sub-level to
identify the related resources of R&D units but also to
highlight the degree of relatedness within these resources. The
measure is able to offer one overall relatedness value that shows
to what degree R&D departments within a multibusiness firm are
related. Hence this book offers interesting implications for
oncoming studies on measuring relatedness, as it does for
practitioners who want to measure the relatedness of R&D.
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