Title :
Design scoreboard: Capturing design spending in firms
Author :
Ahmad Beltagui;Johann C K H Riedel;Kulwant S Pawar;James Moultrie;Cecilia Malvido de Rodriguez;Finbarr Livesey
Author_Institution :
Centre for Concurrent Enterprise, Nottingham University Business School, Jubilee Campus, Wollaton Road, Nottingham, NG8 1BB, UK
fDate :
6/1/2008 12:00:00 AM
Abstract :
The value of design is increasingly recognised, but design is often overlooked in favour of R&D in the measurement of innovation. Design is difficult to define, which makes it difficult to measure in financial terms. R&D was previously considered difficult to measure, but, as it is now well defined, financial measures of R&D have been established. Several previous studies demonstrated the commercial value of design, but failed to propose a reliable approach to capture design spending at the level of the firm. This paper presents a framework for classifying design activities and capturing design spending in firms. A number of exploratory case studies were conducted, four of which are described, to explore how companies understood design and how it could be measured. A conceptual model, by which the extent of design activity in firms may be better understood, is proposed. This model will be used as the basis of questions in a survey of design spending in UK firms.
Keywords :
"Technological innovation","Companies","Investment","Product development","Manufacturing","Software"
Conference_Titel :
Technology Management Conference (ICE), 2008 IEEE International
Print_ISBN :
978-0-85358-244-1