The importance of complementary assets in the development of smart technology
Article Abstract:
The Smart Structures Research Institute (SSRI) was established in 1991 at the University of Strathclyde in Scotland to stimulate the development of smart technologies such as optoelectronics, sensors and molecularly intelligent materials. An audit of the institute was conducted to assess its chances for success in developing smart products and in bringing these products to the market. The audit showed that collaboration, establishment of communication networks and using various funding schemes are essential components of the dynamics of technological innovations.
Publication Name: Technovation
Subject: High technology industry
ISSN: 0166-4972
Year: 1995
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Japan's R&D strategy reconsidered: departure from the manageable risks
Article Abstract:
An analysis of R&D project management in Japanese high-technology firms in the 1980s revealed a stable multiplier of 1.25 between R&D investments and capital investments. This indicates that Japanese firms have invested in R&D projects that offered fixed and manageable risks in the potential for success and size of prospective markets. With the decline of demand expansion in the 1990s, however, Japanese firms had to accept broader R&D agendas and longer R&D lead times to develop extraordinary innovations.
Publication Name: Technovation
Subject: High technology industry
ISSN: 0166-4972
Year: 1995
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The implications of TQM for R&D strategy in New Zealand firms
Article Abstract:
The integration of total quality management (TQM) in the R&D departments of New Zealand firms indicated the need for changes in R&D activities, particularly in competitive benchmarking. TQM increases quality and sensitivity to competition by incorporating the members from marketing, engineering, finance and operations in R&D activities. It also improves completion time by reducing the time cycle and enables the companies to invest more time and resources to innovation.
Publication Name: Technovation
Subject: High technology industry
ISSN: 0166-4972
Year: 1995
User Contributions:
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