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A study of R&D portfolio management among UK organisations

Author

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  • Marek Szwejczewski
  • Rick Mitchell
  • Fred Lemke

Abstract

Portfolio management is a decision process where a company's list of active new products is constantly updated and revised. In this process, new products are evaluated, selected and prioritised, with resources being allocated accordingly. Portfolio management is considered to be an important activity, but research suggests that it may be one of the weakest areas in a company's new product development process. While many methods have been proposed, there have been very few studies of their actual usage, especially by UK-based companies. This paper presents research into how seven UK manufacturing companies (from several industrial sectors) managed their portfolios of Research and Development (R&D) projects.

Suggested Citation

  • Marek Szwejczewski & Rick Mitchell & Fred Lemke, 2006. "A study of R&D portfolio management among UK organisations," International Journal of Management and Decision Making, Inderscience Enterprises Ltd, vol. 7(6), pages 604-616.
    • Handle: RePEc:ids:ijmdma:v:7:y:2006:i:6:p:604-616
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    Citations

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    Cited by:

    1. Haijian Si & Stylianos Kavadias & Christoph Loch, 2022. "Managing innovation portfolios: From project selection to portfolio design," Production and Operations Management, Production and Operations Management Society, vol. 31(12), pages 4572-4588, December.
    2. Theresa Eckert & Stefan Hüsig, 2022. "Innovation portfolio management: a systematic review and research agenda in regards to digital service innovations," Management Review Quarterly, Springer, vol. 72(1), pages 187-230, February.

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