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Moving out of the Comfort Zone – the Role of Business

In: Business-Driven Research and Development

Author

Listed:
  • Ashok Ganguly

Abstract

The relationship between business managers and their counterparts in a firm’s R&D laboratory has a fairly long history and is still an inconclusive debate. This is also true, to some extent, regarding the relationship between scientists in industry and their former research colleagues and mentors in the university, as well as their peer groups elsewhere. Although not much definitive and systematic research has been undertaken to understand the nature of these types of transactional relationships, nevertheless at least some qualitative understanding of such relationships is extremely important as they determine the effectiveness of R&D in industry and its impact on business performance. The nature of human relationships and interactions determines the quality, productivity and flow of knowledge across vast but somewhat amorphous networks, traversing business organisations, academia and other R&D institutions, which ultimately determine the innovation intensity in most businesses. Even in industries which trace their origins to some unique scientific discoveries or high-technology venture capital kick-starts, as these companies grow, there appears, in due course, a gradual drift between the business end and their R&D end

Suggested Citation

  • Ashok Ganguly, 1999. "Moving out of the Comfort Zone – the Role of Business," Palgrave Macmillan Books, in: Business-Driven Research and Development, chapter 4, pages 71-90, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-1595-5_4
    DOI: 10.1057/9781403915955_4
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