AN EXPLORATORY STUDY ON R&D PERFORMANCE MEASUREMENT PRACTICES: A SURVEY OF ITALIAN R&D-INTENSIVE FIRMS
Vittorio Chiesa (),
Federico Frattini (),
Valentina Lazzarotti () and
Raffaella Manzini ()
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Vittorio Chiesa: Politecnico di Milano, Dipartimento di Ingegneria Gestionale, Piazza Leonardo da Vinci, 32, Milano, Italy
Federico Frattini: Politecnico di Milano, Dipartimento di Ingegneria Gestionale, Piazza Leonardo da Vinci, 32, Milano, Italy
Valentina Lazzarotti: Università Carlo Cattaneo — LIUC, Corso Matteotti, Castellanza, Varese, Italy
Raffaella Manzini: Università Carlo Cattaneo — LIUC, Corso Matteotti, Castellanza, Varese, Italy
International Journal of Innovation Management (ijim), 2009, vol. 13, issue 01, 65-104
Abstract:
Although measuring the performance of a firm's R&D activities is a very challenging task, the critical role played by R&D in creating and sustaining a firm's competitive advantage has raised the need to adopt appropriate performance measurement systems (PMSs) in R&D units. Therefore, management scholars have been studying this issue and PMSs have diffused in the R&D departments of most R&D-intensive companies. Nevertheless, empirical investigations into the diffusion and practical use of PMSs in R&D units mainly concern Anglo-Saxon countries, where R&D information disclosure requirements have been in place for a long time. The purpose of this paper is to study the diffusion and practical use of PMSs in the R&D units of firms that are not subject to these types of external institutional influences. With this aim, the results of a survey on the R&D performance measurement practices adopted by a sample of Italian R&D-intensive firms are discussed. They allow to understand why and how R&D-intensive companies design and use a PMS in their R&D units for managerial purposes.
Keywords: R&D; performance measurement; PMS; Italy; survey (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1142/S1363919609002182
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