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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
Birutė Mikulskienė - Personal Name
1st Edition
978-9955-19-637-2
NONE
RESEARCH AND DEVELOPMENT PROJECT MANAGEMENT
Business Policy and Strategy
English
Mykolo Romerio universitetas,
2012
1-111
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