Innovation Project Portfolio Management: a meta-analysis

Martin Lerch and Patrick Spieth

International Journal of Product Development, 2012, vol. 16, issue 1, 77-94

Abstract: Innovation Project Portfolio Management (IPPM) has gained in importance because companies need a steady stream of successful innovation projects, on the one hand, and an optimal allocation of scarce resources, on the other hand. IPPM helps organisations to allocate resources to new innovation projects and to achieve corporate objectives. Therefore, innovation project portfolios are used to maximise investments' value in innovation projects. This paper summarises the current IPPM understanding, identifies current IPPM issues and analyses IPPM's results and empirical research focus. Accordingly, we derive future challenges by identifying factors to be further assessed in research and corporate practice.

Keywords: IPPM; innovation project portfolio management; R%D projects; resource planning; portfolio performance; meta-analysis; research and development; investment value; innovation projects. (search for similar items in EconPapers)
Date: 2012
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