{"product_id":"internal-research-development-markets-9783790817287","title":"Internal Research \u0026 Development Markets","description":"\u003cp\u003e • Author(s): Eric Kasper\u003cbr\u003e • Publisher: Springer\u003cbr\u003e • Publisher Imprint: Physica-Verlag\u003cbr\u003e • BISAC: Management Science\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Back Cover\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eIn times of global markets, increasing competition and short product life cycles the effective and efficient management of industrial research and development (R\u0026amp;D) activities is of central importance for companies as well as for the whole economy. Traditionally the resources for R\u0026amp;D projects are allocated via planning- and budgeting procedures, evaluation methods and hierarchical decision-committees. This book presents resource allocation via internal markets as an alternative to such hierarchical decision procedures. It appears that the implementation of internal R\u0026amp;D markets has positive effects on the effectiveness and efficiency of internal R\u0026amp;D resource allocation processes. Internal R\u0026amp;D markets can help to overcome the weaknesses of traditional hierarchical structures, since they are characterised by short communication and decision procedures and thus contribute to the reduction of information asymmetries.\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Paperback","offer_id":45274617184407,"sku":"9783790817287","price":7277.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783790817287.webp?v=1769280459","url":"https:\/\/atlanticbooks.com\/products\/internal-research-development-markets-9783790817287","provider":"Atlantic Books","version":"1.0","type":"link"}