A performance-oriented risk management framework for innovative R&D projects

• Published in: Technovation Vol. 30; no. 11; pp. 601 - 611
• Main Authors: Wang, Juite, Lin, Willie, Huang, Yu-Hsiang
• Format: Journal Article
• Language: English
• Published: Amsterdam Elsevier Ltd 01.11.2010; Elsevier Scientific Publishing Co; Elsevier Sequoia S.A
• Subjects: Assessments; Balanced Scorecard; Failure; Innovation; Markets; Monitors; Project management; Quality function deployment; R&D; R&D management; Research & development; Research and development; Risk; Risk management; Strategic planning; Strategy; Studies; Total quality; Uncertainty; R&D management; Quality function deployment; Risk management; Project management; Balanced scorecard

Uncertainty is one of the major inherent difficulties in developing innovative products, due to their highly dynamic markets and technologies. The presence of a large degree of uncertainty leads to high R&D risks, resulting in many R&D failures. Therefore, it is important to manage R&D r...