A study of R&D portfolio management among UK organisations

International Journal of Management and Decision Making

Volumn 7, Issue 6, 2006, Pages 604-616

  Szwejczewski, Marek ^a   Mitchell, Rick ^a   Lemke, Fred ^b  

^a CRANFIELD UNIVERSITY   (United Kingdom)

^b UNIVERSITY OF READING   (United Kingdom)

Author keywords

Innovation; Portfolio management; Risk and new product development

Indexed keywords

EID: 33751347335     PISSN: 14624621     EISSN: 17415187     Source Type: Journal    
DOI: 10.1504/IJMDM.2006.011071     Document Type: Article

References (31)

1. Albright, R.E. and Kappel, T.A. (2003) 'Roadmapping in the corporation', Research and Technology Management, Vol. 46, No. 2, pp.31-40.
2. Angelis, D.I. (2000) 'Capturing the option value of R&D', Research and Technology Management, Vol. 43, No. 4, pp.32-34.
3. Boer, F.P. (2000) 'Valuation of technology using real options', Research and Technology Management, Vol. 43, No. 4, pp.26-30.
4. Boer, F.P. (2003) 'Risk-adjusted valuation of R&D projects', Research and Technology Management, Vol. 46, No. 5, pp.50-58.
5. Cooper, R.G., Edgett, S.J. and Kleinschmidt, E.J. (1997) 'Portfolio management in new product development: lessons from the leaders - 1', Research and Technology Management, Vol. 40, No. 5, pp.16-28.
6. Cooper, R.G., Edgett, S.J. and Kleinschmidt, E.J. (1998) 'Best practices for managing R&D portfolios', Research and Technology Management, Vol. 41, No. 4, pp.20-34.
7. Cooper, R.G., Edgett, S.J. and Kleinschmidt, E.J. (2001) Portfolio Management for New Products, 2nd edition, Cambridge, MA: Perseus Books.
8. Crystal Ball: www.crystalball.com.
9. Davis, C. (2000) 'Calculated risk: a framework for evaluating product development', Sloan Management Review, Vol. 43, No. 4, pp.71-77.
10. Davis, J., Fusfield, A., Scriven, E. and Tritle, G. (2001) 'Determining a project's probability of success', Research and Technology Management, Vol. 44, No. 3, pp.51-57.
11. Dixit, A.K. and Pindyck, R.S. (1994) Investment Under Uncertainty, Princeton, NJ: Princeton University Press.
12. Eisenhardt, K.M. (1989) 'Building theories from case study research', Academy of Management Review, Vol. 14, No. 4, pp.532-550.
13. Goffin, K. and Mitchell, R. (2005) Innovation Management: Strategy and Implementation Using the Pentathlon Framework, Great Britain: Palgrave Macmillan.
14. Graves, S.B., Ringuest, J.L. and Case, R.H. (2000) 'Formulating optimal R&D portfolios', Research and Technology Management, Vol. 43, No. 3, pp.47-51.
15. Groeneveld, P. (1997) 'Roadmapping integrates business and technology', Research and Technology Management, Vol. 40, No. 5, pp.48-55.
16. Hayes, R.H. and Abernathy, W.J. (1980) 'Managing our way to economic decline', Harvard Business Review, Vol. 58, No. 4, pp.67-77.
17. Kaplan, R.S. and Norton, D.P. (1996) The Balanced Scorecard: Translating Strategy into Action, Harvard: Harvard Business School Press.
18. Keizer, J.A., Halman, J.I.M. and Song, M. (2002) 'From experience: applying the risk diagnosing methodology', Product Innovation Management, Vol. 19, pp.213-232.
19. Luehrman, T.A. (1998a) 'Investment opportunities as real options: getting started on the numbers', Harvard Business Review, Vol. 76, No. 4, pp.51-67.
20. Luehrman, T.A. (1998b) 'Strategy as a portfolio of real options', Harvard Business Review, Vol. 76, No. 5, pp.89-99.
21. Luenberger, D.G. (1998) Investment Science, Oxford: Oxford University Press.
22. MacMillan, I.C. and McGrath, R.G. (2002) 'Crafting R&D project portfolios', Research and Technology Management, Vol. 45, No. 5, pp.48-59.
23. McGrath, R.G. and MacMillan, I.C. (2000) 'Assessing technology projects using real options reasoning', Research and Technology Management, Vol. 43, No. 4, pp.35-49.
24. Neely, J.E. and de Neufville, R. (2001) 'Hybrid real options valuation of risky product development projects', International Journal of Technology, Policy and Management, Vol. 1, No. 1, pp.29-46.
25. Perdue, R. (1999) 'Valuation of R&D projects using options pricing and decision analysis models', Interfaces, Vol. 29 No. 6, pp.57-74.
26. Perlitz, M., Peske, T. and Schrank, R. (1999) 'Real options valuation: the new frontier in R&D project evaluation?' R&D Management, Vol. 29, No. 3, pp.255-269.
27. Phaal, R., Farrukh, C., Mitchell, R. and Probert, D. (2003) 'Starting-up roadmapping fast', Research and Technology Management, Vol. 46, No. 2, pp.52-58.
28. Simon, P., Hillson, D. and Newland, K. (1997) Project Risk Analysis and Management Guide, The APM Group.
29. Surowiecki, J. (2004) The Wisdom of Crowds, London: Little, Brown.
30. Tritle, G.L., Scriven, F.V. and Fusfeld, A.R. (2000) 'Resolving uncertainty in R&D portfolios', Research and Technology Management, Vol. 43, No. 6, pp.47-55.
31. Yin, R.K. (1994) Case Study Research: Design and Methods, 2nd edition, Thousand Oaks: Sage Publications.