Purpose – In new product development (NPD), the early phase is considered to be one of the greatest opportunities for improving the overall process, where intensive collaboration between marketing and R&D is essential. Nevertheless, previous studies indicate the difficulties of creating a...

Purpose – Scientists are known for their good ideas, but packaging those ideas into a commercial format requires skills, funding, and processes for which many scientists and their research institutions are all too often not equipped. The Victorian Government of Australia has developed a...

Purpose – The purpose of this paper is to estimate the economic value of patent protection and the resulting rivalry. Design/methodology/approach – An event‐study is applied which uses the daily returns of shares on the stock market as an output; and a model is estimated which bases its...

Purpose – This paper aims to highlight that there are different levels of analysis and that there are different types of influence on the choice of R&D location and organization. Specifically, the purpose of the paper is to identify geographically dispersing and contracting forces on R&D...

Purpose – The purpose of this paper is to produce a general Balanced Scorecard (BSC) model that is designed and delimited for managing research and development (R&D) activities. Design/methodology/approach – A methodology based on the validity of content of an instrument of measurement,...

Purpose – In recent decades, innovation management has changed. This article provides an overview of the changes that have taken place, focusing on innovation management in large companies, with the aim of explaining that innovation management has evolved toward a contextual approach, which it...

Purpose – This paper aims to study the problem of designing a Performance Measurement System (PMS) for R&D. In particular, it aims at investigating the influence exerted by the type of activity being measured (i.e. Basic and Applied Research or New Product Development) on the design of the PMS...

Purpose – The purpose of this paper is to examine the collaboration strategies employed by collaborating small‐ and medium‐sized enterprises (SMEs) and university researchers for initiating and optimizing the process and outcome of R&D collaboration. Design/methodology/approach – The...

Purpose – The purpose of this paper is to focus on the adoption of the open innovation paradigm in the bio‐pharmaceutical industry and investigate through which organisational modes (e.g. collaborations, in‐ and out‐licensing) open innovation has been implemented and how these modes are...

Purpose – The purpose of this paper is to review the emerging research field of open innovation and identify where the field is going as well as suggest future fields of research. Design/methodology/approach – All academic papers and books published until November 2007 under the label of...