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1
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85069248784
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note
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The paper is the result of the joint work of the authors. However, Vittorio Chiesa is responsible for the first Section and Conclusions, Enrico Giglioli is responsible for the second section, Raffaella Manzini for the fourth section. The third section was written jointly by Vittorio Chiesa and Enrico Giglioli.
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2
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0003465502
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P. Roussel, K. Saad & T. Erickson, Third Generation R&D (Boston, MA, HBS Press, 1991); R. Coombs, 'Core Competencies and the Strategic Management of R&D', R&D Management, 26, 4, 1996, p. 345; D.M. Amidon Rogers, 'The Challenge of Fifth Generation R&D', Research Technology Management, July-August 1996, p. 33; R. Rothwell, 'Successful Industrial Innovation: Critical Factors for the 1990s', R&D Management, 22, 3, p. 221.
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Third Generation R&D
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Erickson, T.3
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3
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Core Competencies and the Strategic Management of R&D
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P. Roussel, K. Saad & T. Erickson, Third Generation R&D (Boston, MA, HBS Press, 1991); R. Coombs, 'Core Competencies and the Strategic Management of R&D', R&D Management, 26, 4, 1996, p. 345; D.M. Amidon Rogers, 'The Challenge of Fifth Generation R&D', Research Technology Management, July-August 1996, p. 33; R. Rothwell, 'Successful Industrial Innovation: Critical Factors for the 1990s', R&D Management, 22, 3, p. 221.
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P. Roussel, K. Saad & T. Erickson, Third Generation R&D (Boston, MA, HBS Press, 1991); R. Coombs, 'Core Competencies and the Strategic Management of R&D', R&D Management, 26, 4, 1996, p. 345; D.M. Amidon Rogers, 'The Challenge of Fifth Generation R&D', Research Technology Management, July-August 1996, p. 33; R. Rothwell, 'Successful Industrial Innovation: Critical Factors for the 1990s', R&D Management, 22, 3, p. 221.
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P. Roussel, K. Saad & T. Erickson, Third Generation R&D (Boston, MA, HBS Press, 1991); R. Coombs, 'Core Competencies and the Strategic Management of R&D', R&D Management, 26, 4, 1996, p. 345; D.M. Amidon Rogers, 'The Challenge of Fifth Generation R&D', Research Technology Management, July-August 1996, p. 33; R. Rothwell, 'Successful Industrial Innovation: Critical Factors for the 1990s', R&D Management, 22, 3, p. 221.
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C.K. Prahalad & G. Hamel, 'The Core Competence of the Corporation', Harvard Business Review, 68, 3, 1990, p. 79; D. Collis, 'A Resource-based Analysis of Global Competition: The Case of Bearings Industry', Strategic Management Journal, 12, 1991, p. 49; R. Hall R., 'The Strategic Analysis of Intangible Resources', Strategic Management Journal, 13, 1992, p. 135; G. Hamel & A. Heene, Competence Based Competition (Chichester, John Wiley, 1994). W. Bogner & H. Thomas, 'From Skill to Technological Competencies; The Play Out of Resource Boundless Across Firm', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of Competence Based Competition: Theory and Practice in the New Strategic Management (London, Elsevier, 1996); R. Sanchez, A. Heene & H. Thomas, 'Towards the Theory and Practice of Competence Based Competition', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of competence based competition: theory and practice in the new management, (London, Elsevier, 1996); A. Heene & R. Sanchez, Competence-based Strategic Management (Chichester, John Wiley, 1997).
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A Resource-based Analysis of Global Competition: The Case of Bearings Industry
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C.K. Prahalad & G. Hamel, 'The Core Competence of the Corporation', Harvard Business Review, 68, 3, 1990, p. 79; D. Collis, 'A Resource-based Analysis of Global Competition: The Case of Bearings Industry', Strategic Management Journal, 12, 1991, p. 49; R. Hall R., 'The Strategic Analysis of Intangible Resources', Strategic Management Journal, 13, 1992, p. 135; G. Hamel & A. Heene, Competence Based Competition (Chichester, John Wiley, 1994). W. Bogner & H. Thomas, 'From Skill to Technological Competencies; The Play Out of Resource Boundless Across Firm', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of Competence Based Competition: Theory and Practice in the New Strategic Management (London, Elsevier, 1996); R. Sanchez, A. Heene & H. Thomas, 'Towards the Theory and Practice of Competence Based Competition', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of competence based competition: theory and practice in the new management, (London, Elsevier, 1996); A. Heene & R. Sanchez, Competence-based Strategic Management (Chichester, John Wiley, 1997).
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C.K. Prahalad & G. Hamel, 'The Core Competence of the Corporation', Harvard Business Review, 68, 3, 1990, p. 79; D. Collis, 'A Resource-based Analysis of Global Competition: The Case of Bearings Industry', Strategic Management Journal, 12, 1991, p. 49; R. Hall R., 'The Strategic Analysis of Intangible Resources', Strategic Management Journal, 13, 1992, p. 135; G. Hamel & A. Heene, Competence Based Competition (Chichester, John Wiley, 1994). W. Bogner & H. Thomas, 'From Skill to Technological Competencies; The Play Out of Resource Boundless Across Firm', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of Competence Based Competition: Theory and Practice in the New Strategic Management (London, Elsevier, 1996); R. Sanchez, A. Heene & H. Thomas, 'Towards the Theory and Practice of Competence Based Competition', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of competence based competition: theory and practice in the new management, (London, Elsevier, 1996); A. Heene & R. Sanchez, Competence-based Strategic Management (Chichester, John Wiley, 1997).
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R. Sanchez, A. Heene & H. Thomas, London, Elsevier
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C.K. Prahalad & G. Hamel, 'The Core Competence of the Corporation', Harvard Business Review, 68, 3, 1990, p. 79; D. Collis, 'A Resource-based Analysis of Global Competition: The Case of Bearings Industry', Strategic Management Journal, 12, 1991, p. 49; R. Hall R., 'The Strategic Analysis of Intangible Resources', Strategic Management Journal, 13, 1992, p. 135; G. Hamel & A. Heene, Competence Based Competition (Chichester, John Wiley, 1994). W. Bogner & H. Thomas, 'From Skill to Technological Competencies; The Play Out of Resource Boundless Across Firm', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of Competence Based Competition: Theory and Practice in the New Strategic Management (London, Elsevier, 1996); R. Sanchez, A. Heene & H. Thomas, 'Towards the Theory and Practice of Competence Based Competition', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of competence based competition: theory and practice in the new management, (London, Elsevier, 1996); A. Heene & R. Sanchez, Competence-based Strategic Management (Chichester, John Wiley, 1997).
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R. Sanchez, A. Heene & H. Thomas, London, Elsevier
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C.K. Prahalad & G. Hamel, 'The Core Competence of the Corporation', Harvard Business Review, 68, 3, 1990, p. 79; D. Collis, 'A Resource-based Analysis of Global Competition: The Case of Bearings Industry', Strategic Management Journal, 12, 1991, p. 49; R. Hall R., 'The Strategic Analysis of Intangible Resources', Strategic Management Journal, 13, 1992, p. 135; G. Hamel & A. Heene, Competence Based Competition (Chichester, John Wiley, 1994). W. Bogner & H. Thomas, 'From Skill to Technological Competencies; The Play Out of Resource Boundless Across Firm', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of Competence Based Competition: Theory and Practice in the New Strategic Management (London, Elsevier, 1996); R. Sanchez, A. Heene & H. Thomas, 'Towards the Theory and Practice of Competence Based Competition', in: R. Sanchez, A. Heene & H. Thomas, Dynamics of competence based competition: theory and practice in the new management, (London, Elsevier, 1996); A. Heene & R. Sanchez, Competence-based Strategic Management (Chichester, John Wiley, 1997).
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To make the quantitative evaluation of such variables more reliable, they can be used more sophisticated techniques such as the fuzzy method, which helps translate qualitative evaluation given to variables into scores. See for examples, H. J. Zimmerman, Fuzzy Sets Theory and Its Applications (Boston, Kluwer, 1992).
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ij can be multiplied by the probability of occurrence of their respective scenario.
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46
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85069257580
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note
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Normalizing both the risks to 0.5 means that the importance of the two risk factors is equal. If a source of risk is higher or more relevant, then the risk indicators can be normalized differently (for example, normalizing to 0.7 the commercial risk and to 0.3 the technical risk means that the commercial risk is more relevant than the technical).
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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Gestire L'innovazione e Innovare la Gestione
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Verganti, R.4
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European Management Forum
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Hax1
No2
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52
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0004195184
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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European Management Forum
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Little1
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53
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85069241472
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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European Management Forum
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Hax1
Majluf2
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54
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85069252909
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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European Management Forum
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Foster1
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55
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85069244116
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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(1981)
European Management Forum
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-
Booz-Allen1
Hamilton2
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56
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85069250929
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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(1981)
European Management Forum
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-
Mitchell1
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57
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0004258205
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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Competence Based Competition
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Klein1
Hiscocks2
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58
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0038082546
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Aldershot, Gower
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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Managing Technology for Corporate Success
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Floyd1
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59
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0003906141
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London, Pitman
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Roussel et al., op.cit., Ref. 2; Klein & Hiscocks, op. cit., Ref. 16 and A. De Maio, A. Bellucci, M. Corso R. Verganti Gestire l'innovazione e innovare la gestione (Milano Etaslibri, 1994). Hax & No, op. cit., Ref. 14; Little, op. cit., Ref. 14; Hax & Majluf (1994, 1995, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Booz-Allen & Hamilton, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, 'Managing Technology for Corporate Success' (Aldershot, Gower, 1997); B. Twiss, Managing Technology Innovation (London, Pitman, 1986).
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Twiss, B.1
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60
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61
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R&D Project Selection
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Martino, J.P.1
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62
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Twiss op. cit., Ref. 25; J.P. Martino, R&D Project Selection (New York, John Wiley, 1995); R.A. Burgelman, T.J. Kosnik & M. van den Poel, 'Toward an Innovative Capabilities Audit Framework', in: R.A. Burgelman & M. Maidique (Eds), Strategic Management of Technology and Innovation (London, Irwin, 1988); P.S. Adler, D.W. McDonald & F. McDonald, 'Strategic Management of Technical Functions', Sloan Management Review, Winter 1992, p. 19; V. Chiesa, P. Coughlan & C.A. Voss, 'Development of a Technical Innovation Audit', International Journal of Product Innovation Management, 13, 2, 1996, p. 105.
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Strategic Management of Technology and Innovation
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Burgelman, R.A.1
Kosnik, T.J.2
Van Den Poel, M.3
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63
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Twiss op. cit., Ref. 25; J.P. Martino, R&D Project Selection (New York, John Wiley, 1995); R.A. Burgelman, T.J. Kosnik & M. van den Poel, 'Toward an Innovative Capabilities Audit Framework', in: R.A. Burgelman & M. Maidique (Eds), Strategic Management of Technology and Innovation (London, Irwin, 1988); P.S. Adler, D.W. McDonald & F. McDonald, 'Strategic Management of Technical Functions', Sloan Management Review, Winter 1992, p. 19; V. Chiesa, P. Coughlan & C.A. Voss, 'Development of a Technical Innovation Audit', International Journal of Product Innovation Management, 13, 2, 1996, p. 105.
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Sloan Management Review
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Adler, P.S.1
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64
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International Journal of Product Innovation Management
, vol.13
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Chiesa, V.1
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65
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Martino1
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Roussel1
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67
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Floyd1
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68
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Martino, op. cit., Ref. 26; Roussel et al., op. cit., Ref. 2; Floyd, op. cit., Ref. 25; Hax & No, op. cit., Ref. 14; R.G. Cooper, S.J. Edgett & E.J. Kleinschmidt, 'Portfolio Management in New Product Development: Lessons from the Leaders - I, Research Technology Management, September-October 1997. R.G. Cooper S.J. Edgett & E.J. Kleinschmidt, 'Portfolio Management in New Product Development: Lessons from the Leaders - II, Research Technology Management, November-December 1997.
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European Management Forum
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-
Hax1
No2
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69
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0031271299
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Portfolio Management in New Product Development: Lessons from the Leaders - I
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September-October
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Martino, op. cit., Ref. 26; Roussel et al., op. cit., Ref. 2; Floyd, op. cit., Ref. 25; Hax & No, op. cit., Ref. 14; R.G. Cooper, S.J. Edgett & E.J. Kleinschmidt, 'Portfolio Management in New Product Development: Lessons from the Leaders - I, Research Technology Management, September-October 1997. R.G. Cooper S.J. Edgett & E.J. Kleinschmidt, 'Portfolio Management in New Product Development: Lessons from the Leaders - II, Research Technology Management, November-December 1997.
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(1997)
Research Technology Management
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Cooper, R.G.1
Edgett, S.J.2
Kleinschmidt, E.J.3
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70
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0031271299
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Portfolio Management in New Product Development: Lessons from the Leaders - II
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November-December
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(1997)
Research Technology Management
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Cooper, R.G.1
Edgett, S.J.2
Kleinschmidt, E.J.3
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73
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Third Generation R&D
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Roussel1
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74
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(1981)
European Management Forum
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Booz-Allen1
Hamilton2
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75
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85069252909
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Roussel et al., op. cit., Ref. 2; Booz-Allen & Hamilton, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Hax & Majluf, 1994, 1995, op. cit., Ref. 14; Hax & No, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, op. cit., Ref. 25; Cooper, 1997a,b, op. cit., Ref. 27.
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(1981)
European Management Forum
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Foster1
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76
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85069250929
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Roussel et al., op. cit., Ref. 2; Booz-Allen & Hamilton, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Hax & Majluf, 1994, 1995, op. cit., Ref. 14; Hax & No, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, op. cit., Ref. 25; Cooper, 1997a,b, op. cit., Ref. 27.
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(1981)
European Management Forum
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Mitchell1
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77
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Roussel et al., op. cit., Ref. 2; Booz-Allen & Hamilton, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Hax & Majluf, 1994, 1995, op. cit., Ref. 14; Hax & No, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, op. cit., Ref. 25; Cooper, 1997a,b, op. cit., Ref. 27.
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(1994)
European Management Forum
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Hax1
Majluf2
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78
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85069241472
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Roussel et al., op. cit., Ref. 2; Booz-Allen & Hamilton, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Hax & Majluf, 1994, 1995, op. cit., Ref. 14; Hax & No, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, op. cit., Ref. 25; Cooper, 1997a,b, op. cit., Ref. 27.
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(1981)
European Management Forum
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Hax1
No2
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79
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0004258205
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Roussel et al., op. cit., Ref. 2; Booz-Allen & Hamilton, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Hax & Majluf, 1994, 1995, op. cit., Ref. 14; Hax & No, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, op. cit., Ref. 25; Cooper, 1997a,b, op. cit., Ref. 27.
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(1994)
Competence Based Competition
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Klein1
Hiscocks2
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80
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Roussel et al., op. cit., Ref. 2; Booz-Allen & Hamilton, op. cit., Ref. 14; Foster, op. cit., Ref. 14; Mitchell, op. cit., Ref. 14; Hax & Majluf, 1994, 1995, op. cit., Ref. 14; Hax & No, op. cit., Ref. 14; Klein & Hiscocks, op. cit., Ref. 16; Floyd, op. cit., Ref. 25; Cooper, 1997a,b, op. cit., Ref. 27.
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Third Generation R&D
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Floyd1
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81
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Third Generation R&D
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Cooper1
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85
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Third Generation R&D
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Adler1
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86
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Third Generation R&D
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Chiesa1
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87
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Adler et al., op. cit., Ref. 26; Chiesa et al., op. cit., Ref. 26; Burgelman et al., op. cit., Ref. 26.
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Third Generation R&D
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Burgelman1
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