Toward the implementation of R&D resource allocation models

The allocation of organization resources to the R&D function remains one of the most complex and least rational decision processes of management. The purpose of this note is to examine the process and the implied attributes required of formal prescriptive models which will improve the process. Characteristics of the allocation problem are discussed briefly. This provides a rationale for listing those attributes which formal models should exhibit in order to contribute meaningfully to the rationality of the allocation process.