The Framework

Neil M. Kay

Chapter 5 in The Innovating Firm, 1979, pp 85-113 from Palgrave Macmillan

Abstract: Abstract We are now in a position where we may begin to draw together the different threads of the arguments of preceding chapters with the intention of formulating a model of resource allocation in the modern corporation. So far we have been concerned with three interrelated aspects of the R & D problem, that is, the nature and characteristics of R & D, models of allocation of resources for technological change in industry, and the evolution of the modern corporation and institutionalisation of R & D. In this chapter the development of a systems framework for analysing corporate allocations to R & D is founded on a number of points and conclusions made in these earlier chapters.

Keywords: Resource Allocation; Indifference Curve; Managerial Discretion; Preference System; Turbulent Field (search for similar items in EconPapers)
Date: 1979
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DOI: 10.1007/978-1-349-03583-0_5

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