2. Financing R&D and projects
You need to ensure that you have the necessary funds for your research activities. The main items to establish are :
staff salaries ;
subcontracting costs ;
equipment costs (test benches, etc.) ;
consumables (products, energy, etc.) ;
the cost of documentation ;
specialized software (e.g. data processing) ;
intellectual property costs ;
other operating costs: e.g. participation in seminars.
To evaluate these elements, you will set up a reporting system that will constitute a very useful historical database when it comes to the financial dimensioning of your future programs....
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Financing R&D and projects
Bibliography
J. Kratzer, R. Th. A. J. Leenders, J. M. L. Van Engelen, "Managing creative team performance in virtual environments: an empirical study in 44 R&D teams", Technovation 26 (2006), 42–49
M. Sutter, "Are four heads better than two? An experimental beauty-contest game with teams of different size", Economics Letters 88 (2005), 41–46
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