A bidding mechanism for resource constrained R&D project selection

被引:0
作者
Shou, Yongyi [1 ]
机构
[1] Zhejiang Univ, Sch Management, Hangzhou 310058, Peoples R China
来源
2006 IEEE International Conference on Management of Innovation and Technology, Vols 1 and 2, Proceedings | 2006年
关键词
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
R&D management is a crucial area for modern organizations since R&D plays a critical role in creating and sustaining competitive advantages. Allocating scarce resources among a variety of projects is a continual challenge for R&D management. In this paper a bidding mechanism is proposed to select an appropriate R&D project portfolio without violating the obligatory resource constraints. The bidding process is virtually a multi-round auction for R&D resources. An example with several R&D projects is used to illustrate the proposed bidding mechanism for selecting R&D project portfolios.
引用
收藏
页码:685 / 688
页数:4
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