Title :
Dynamics of R&D activity
Author :
Schnittger, Jan R.
Author_Institution :
Alfa-Laval AB, Postfack, Tumba, Sweden
Abstract :
The first section presents a conceptual analysis which is a method of reducing the fundamental technology of any company. Venn diagrams and matrix formulation are used to apply the technology of the company in diversified areas. The second section employs the simplest entropy concept of information theory to describe the management of a development program. Selection of the portfolio is included. The third section is concerned with the pursuit of the program. It employs a unique queuing model that yields the influence of the “load” and the R & D organization on the number of projects satisfactorily completed during a budget period.
Keywords :
Companies; Entropy; Liquids; Technological innovation; Uncertainty;
Journal_Title :
Engineering Management, IEEE Transactions on
DOI :
10.1109/TEM.1967.6448337