An integrated cost-performance model of research and development evaluation
E. Geisler
Omega, 1995, vol. 23, issue 3, 281-294
Abstract:
This paper proposes an integrated model of R & D evaluation which links the cost of research with its various outputs, from proximal or immediate to the intermediate outputs in the client organizations of the R & D performer. This model differs from previous models in that it consolidates both cost and performance assessment. Indexes of cost-performance are constructed, for each category of output, and as a measure of productivity per scientist and engineer engaged in research. The indexes proposed in this model reflect the relative cost-effectiveness of the R & D activity throughout a substantial portion of the innovation process. As a comprehensive and integrated model, it transcends the limitations of immediate outputs utilized by other models. The model allows for comparisons, at the program, corporate and national levels, of the cost-performance of research. Some methodological and implementation problems are discussed.
Keywords: research; research; and; development; R; &; D; management; of; science/technology; performance; ratios; evaluation (search for similar items in EconPapers)
Date: 1995
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Citations: View citations in EconPapers (14)
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