R&D project efficiency management in the Spanish industry
By: MARTINEZ SANCHEZ, Angel
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Contributor(s): PEREZ PEREZ, Manuela.
Material type: 
ArticlePublisher: 2002Subject(s): Manufacturing | R&D | Investment | EvaluationInternational Journal of Project Management 20, 7, p. 545-560Abstract: This paper shows the results from a survey to Spanish manufacturing firms on the use of indicators and techniques to analyze the efficiency of their R&D projects. Factor analysis revealed that project's profitability and time indicators were those which most explained the variance of company's efficiency analysis. On the other hand, ratios and financial analysis are the most used project ealuation methods. The differences in the use of indicators and techniques were significative for the most R&D intensive companies. The use of some evaluation methods was related to the control mechanisms applied to R&D projects
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This paper shows the results from a survey to Spanish manufacturing firms on the use of indicators and techniques to analyze the efficiency of their R&D projects. Factor analysis revealed that project's profitability and time indicators were those which most explained the variance of company's efficiency analysis. On the other hand, ratios and financial analysis are the most used project ealuation methods. The differences in the use of indicators and techniques were significative for the most R&D intensive companies. The use of some evaluation methods was related to the control mechanisms applied to R&D projects
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