Premium
Management of R&D for reduction of technological delay: a strategic viewpoint
Author(s) -
Pelc Karol I.
Publication year - 1986
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/j.1467-9310.1986.tb01163.x
Subject(s) - reduction (mathematics) , order (exchange) , technological change , basis (linear algebra) , computer science , risk analysis (engineering) , business , economics , operations management , mathematics , artificial intelligence , finance , geometry
The establishment and effective use of R&D potential is considered as a way to reduction of technological delay. On the basis of analysis of alternative starting positions of a follower on the technological scene the adequate trajectories for technological pursuit are drawn. Five strategies are indicated as the most typical ones. Illustration is given for respective strategies of pursuit based on S‐shaped performance development within given technological generation. Conditions and limitations are indicated in order to adapt general analysis to the practice of a company willing to overcome the technological gap and/or reduce the existing delay.