3. Measuring the efficiency of the R&D process
Management control-type indicators, such as adherence to allocated budgets and provisional schedules, are monitored; in almost all companies with structured R&D functions, employees report on ad hoc project codes. These indicators for measuring the use of resources are obviously not considered to be representative of innovation performance, since only a sharp drift in them can be considered as a lack of performance.
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Measuring the efficiency of the R&D process
Measuring the effectiveness of the rate of transformation of R&D projects into marketed products
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