This book develops and illustrates a comprehensive, multi-level framework for the evaluation of industrial R&D activities and the measurement of their performances. The framework encompasses a set of hierarchical, interrelated levels at which R&D evaluation and performance measurement could be undertaken. This enlightening book focuses on the single industrial firm to study performance measurement of R&D functions, projects and individual researchers or engineers. It also addresses the R&D evaluation from the point of view of financial markets, with a focus on the relationships between R&D investments and the value of the traded firm.
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Chiesa et al. (2009) studied this question.
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