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TIME HORIZONS AND TECHNOLOGY INVESTMENTS
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It is often asserted that the short time horizons of U.S. firms are contributing to a decline in the technological strength and competitive performance of U.S. companies in technology-intensive industries. Although this assertion is now widely accepted among those concerned with U.S. competitive performance, relatively little attention has been focused on examining, in detail, the time horizons that organizations use or the forces that create inappropriate, short time horizons. To address these issues, the National Academy of Engineering established a Committee on Time Horizons and Technology Investments under the chairmanship of Donald Frey, formerly chairman and CEO of Bell & Howell Corporation and now professor of industrial engineering and management sciences, Northwestern University. The study committee was carefully balanced to ensure that the members of the committee, individually and collectively, had deep expertise in matters of corporate governance, investment decision making, technology commercialization, manufacturing, management of research and development, and general business management.
NATIONAL ACADEMY PRESS - Organizational Body
0-309-58410-8
NONE
Business Policy and Strategy
English
1991
1-119
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