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This book develops and illustrates a comprehensive, multi-level
framework for the evaluation of industrial research and development
(R&D) activities and the measurement of their performance. The
framework encompasses a set of hierarchical, interrelated levels at
which R&D evaluation and performance measurement could be
undertaken. This enlightening book focuses on the single industrial
firm to study performance measurement of R&D functions,
projects and individual researchers or engineers. It also addresses
R&D evaluation from the point of view of financial markets,
with a focus on the relationship between R&D investments and
the value of the traded firm. The book broadens tin scope to study
the role of technology platforms as R&D coordination mechanisms
and also looks at the evaluation of R&D policies. This book
will be warmly welcomed by researchers and postgraduate students in
disciplines concerned with innovation management, technology
policy, and finance who wish to gain an updated overview of R&D
evaluation and performance measurement as well as exploring
different units of analysis.
The work aims to develop an understanding of how decisions taken
during the commercialisation and market launch of new high-tech
products can affect their market success. By drawing into diffusion
of innovation theories, innovation management and marketing
research, the work presents the cases of 16 consumer innovations
and 10 industrial new products and discusses the reasons underlying
superior customer acceptance. The emerging theory developed in this
work illustrates the key role played by the early adopters of the
innovation for their market success, as well as the impact that
market interconnectedness has on diffusion processes. Implications
for researchers and managers are discussed at length in the work.
The concept of open innovation (OI) has become a very popular topic
during the last decade, with increasing number of SMEs embracing OI
practices to gain competitive advantage. This edited volume is a
timely opportunity to gather research on OI in SMEs, to investigate
how OI is managed and implemented to determine the peculiarities
compared to OI management in large companies, and to specify the
consequences for future OI research.The book offers insights into
the following topics: The state of the art on open innovation in
SMEs; adopting open innovation in SMEs; interorganizational
networks and innovation ecosystems; sectoral patterns of open
innovation in SMEs; and measuring, evaluating and stimulating open
innovation in SMEs.
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