ON THE DEPRECIATION OF INTELLECTUAL CAPITAL ACCUMULATED WITHIN A R&D DEPARTMENT OF AN INDUSTRIAL ENTERPRISE

Dimitris F. Batzias and John N. Sorros
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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

Chapter 65 in Marketing and Management Sciences, 2010, pp 373-378 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThis 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.

Keywords: Management, Organizational Behavior, Marketing; Negotiation, Dynamic Models, International Business, Strategic Business, Human Resource, (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Date: 2010
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