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Topic: Technology
Number of pages / Number of words: 13 / 3391
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Furthermore, one may be tempted to think that research, by definition, is uncertain, based around exploring things that are unknown (Trott, 2005) and most R&D is managed in terms of probabilities (Reeves, 2000). It cannot therefore be managed and organizations should not try to do so. There is, however, according to Smith (2006), industrial technological research can indeed be managed and that most of those organizations that spend large amounts of money on R&D do so extremely well...


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It cannot therefore be managed and organizations should not try to do so. There is, however, according to Smith (2006), industrial technological research can indeed be managed and that most of those organizations that spend large amounts of money on R&D do so extremely well. In the next section, studies on the nature of the R&D process and activities are reviewed and a classification of the types of R&D process is undertaken to identify whether, within R&D, there are activities which are different in nature, and whether there are different types of R&D processes...


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