A “Weighted Aggregate” Approach to R & D Project Selection

This article describes a general model for setting priorities on proposed R & D projects. It reports on research that evaluates methods for implementing the model. Specifically investigated were techniques for establishing criteria weights, assigning quantitative scales to qualitative criteria and modifying the model to improve its performance. Methods for solving the problem of criteria independence and for estimating probability of project success are proposed, but not tested.     

Tcg R&D Networks

Whilst inter-organisational networks are increasingly significant in making production systems more flexible and responsive, these organisational arrangements could be even more important in other phases of the production cycle, and particularly in new product development. The literature on R&D and technological innovation has come to stress the role that 'networks of innovators' play in the R&D, product development and marketing phase of technological innovation. This 'fusion-network' model stands in marked contrast to the previously dominant model of innovation which envisaged the process as a linear sequence from one technology to another, with R&D conducted as a proprietary activity within a single firm. The Australian high-technology group TCG, which operates internally as a cluster of autonomous small firms, has developed a unique 'triangular' approach to fusion networking, which has now been perfected through several successful experiences with leading firms. Case studies of the approach are described, and its significance as an industry development strategy is analysed.     

B&R Seminar on Equipment Manufacturing Standardization

<正>SAC organized a seminar on equipment manufacturing standardization for the standardization officers in countries along the Belt and Road from June9 to 29 to further facilitate the connectivity of policies,rules and standards and better serve the national Belt and Road Initiative.Centering on the products and standards of equipment manufacturing,the seminar invited managers