NECCESITY AND DIFFICULTY OF R D PERFORMANCEMEASUREMENT

We are living in a globalized world with increasing population which is facingsevere global economic and financial crises as well as serious environmentalproblems. The possibilities to overcome these difficulties can be interpreted asthe need for sustainable development calling for innovat...

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Bibliographic Details
Main Authors: MariaFekete-Farkas, Gyorgy Gonda
Format: Article
Language:English
Published: Social Sciences Research Society 2012-07-01
Series:International Journal of Economics and Finance Studies
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/2012_2/maria_fekete-farkas.pdf
Description
Summary:We are living in a globalized world with increasing population which is facingsevere global economic and financial crises as well as serious environmentalproblems. The possibilities to overcome these difficulties can be interpreted asthe need for sustainable development calling for innovation, increased R Dspending with increased R D effectiveness and efficiency. Besides greaterattentionforthe need of deeper understanding of the innovation process and therole of R D in it, this paper has discussed the many analytical problems thatconfront a researcher in this area, and additionally calls for research oncollaboration between universities and industry. Among other conclusions thispaper also provides a new way of thinking for policy makers and performancemonitoring committees.
ISSN:1309-8055
1309-8055