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On The Depreciation Of Intellectual Capital Accumulated Within A R&D Department Of An Industrial Enterprise

In: Marketing And Management Sciences

Author

Listed:
  • DIMITRIS F. BATZIAS

    (Department of Industrial Management and Technology, University of Piraeus, Karaoli & Dimitriou 80, 18534 Piraeus, Greece)

  • JOHN N. SORROS

    (Department of Business Administration, University of Piraeus, Karaoli & Dimitriou 80, 18534, Piraeus, Greece)

Abstract

This paper deals with optimal choice of a R&D project within an industrial enterprise, when depreciation of idle intellectual capital (IIC) is taken into account. For this purpose, (i) the characteristics of the entrepreneurial environment as regards relevant knowledge level and (ii) the time expected to lunch the R&D project in relation to depreciation curve are also considered. The methodology described is heavily based on multicriteria analysis (MCA) in its fuzzy version to count for uncertainty. A case example referring to R&D in a pharmaceuticals company is presented and the results are discussed.

Suggested Citation

  • Dimitris F. Batzias & John N. Sorros, 2010. "On The Depreciation Of Intellectual Capital Accumulated Within A R&D Department Of An Industrial Enterprise," World Scientific Book Chapters, in: Damianos P Sakas & Nikolaos Konstantopoulos (ed.), Marketing And Management Sciences, chapter 65, pages 373-378, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9781848165106_0065
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    More about this item

    Keywords

    Management; Organizational Behavior; Marketing; Negotiation; Dynamic Models; International Business; Strategic Business; Human Resource;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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