Corporate decision-making for allocations to research and development

Neil M Kay

    Research output: Contribution to journalArticle

    Abstract

    The analysis developed here suggests that conventional project based approaches to R & D budget determination do not provide a satisfactory explanation of the actual behaviour of typical large modern corporations. An alternative frame of reference for modelling such behaviour based on a gestalt interpretation is suggested and an examination conducted of differences in corporate R & D budgeting techniques described in a number of studies. It is suggested that the frame of reference developed here provides a useful explanation of differences in budgeting conventions. The interpretation developed is also used to analyse variation in industrial innovative activity. Studies in this area have frequently been based on the concept of rival firms matching each others R & D budgets. Models based on this concept have produced conflicting evidence in this respect. It is suggested here that an alternative approach based on a gestalt interpretation may provide a rather better explanation. © 1979.

    Original languageEnglish
    Pages (from-to)46-69
    Number of pages24
    JournalResearch Policy
    Volume8
    Issue number1
    Publication statusPublished - Jan 1979

    Fingerprint Dive into the research topics of 'Corporate decision-making for allocations to research and development'. Together they form a unique fingerprint.

  • Cite this