Optimal incremental innovation: an evaluative approach for integrating R&D and marketing
Asaf Ben Arieh,
Hariolf Grupp and
Shlomo Maital
Research Evaluation, 1998, vol. 7, issue 2, 123-131
Abstract:
New operational definitions of incremental innovation, standard innovation, and radical innovation, are constructed using our ‘technometric benchmarking’ model. Based on this definition, optimal incremental innovation is formulated as a linear programming problem. The model is illustrated by an actual case: reconfiguration of a gamma camera. It is shown how this model can contribute to improved allocation of research and development (R&D) resources, by integrating marketing and R&D in a single decision-support model. Copyright , Beech Tree Publishing.
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:oup:rseval:v:7:y:1998:i:2:p:123-131
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