Classification of R&D activities in industrial environments

A. Elizondo-Noriega, N. Tiruvengadam, D. Güemes-Castorena, V. G. Tercero-Gómez, M. G. Beruvides

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Despite R&D having long been identified by firms as a critical investment because of its relationship with innovation, there is still much to be learned about this activity and its effect. For instance, most firms report R&D expenditures as an aggregated value, as a percentage of either revenues or profit. However, the granular level allocation of R&D investments is typically unknown or not tracked. The most common perception is that R&D expenditures are apportioned to technology development, which will then eventually lead to new product development. However, R&D expenditures can be varied and complex, depending on the type and size of the organization and its strategic goals. Therefore, there exists an identified need to classify R&D activities in order to understand R&D expenditures better with the aim of directing toward increased organizational profitability. To address this need, the current work presents thirteen different identified classes for R&D activities in industrial environments. The classification is based on the results obtained through a systematic literature review that follows the State-of-the-Art Matrix protocol. These thirteen identified classes aim to categorize R&D according to functional areas, targeting which an organization can improve its overall competitiveness. Thus, the typology composed by the abovementioned classes lays the foundations for future studies of R&D activities and their effect on organizations.

Original languageEnglish
Title of host publicationIISE Annual Conference and Expo 2019
PublisherInstitute of Industrial and Systems Engineers, IISE
ISBN (Electronic)9781713814092
StatePublished - 2019
Event2019 Institute of Industrial and Systems Engineers Annual Conference and Expo, IISE 2019 - Orlando, United States
Duration: May 18 2019May 21 2019

Publication series

NameIISE Annual Conference and Expo 2019

Conference

Conference2019 Institute of Industrial and Systems Engineers Annual Conference and Expo, IISE 2019
CountryUnited States
CityOrlando
Period05/18/1905/21/19

Keywords

  • Classification
  • Organization of classes
  • Research and development
  • Review of the literature

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