Download Business Driven Research and Development: Managing Knowledge by A. Ganguly PDF

By A. Ganguly

Aiming to illustrate how technology and know-how might be controlled so as to meet well-defined company directives, the writer argues that it's going to be a primary company premise that the first position of analysis and improvement is to fulfil strategic ambitions, inside of a framework of time and value pursuits. He examines the normal disconnection among learn and improvement and the industry position, and provides the capability to derive aggressive virtue via overcoming it.

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And even in this case, the sheer complexity of creating and managing productive external scientific networks and partnerships is grossly underestimated. In the same vein, Buckley states that ‘research is arguably the most costly, most complex and least productive industrial activity that any firm can get involved in’ and that ‘essentially, the link between research and shareholder is often weak or non-existent’. Such a conclusion can only be arrived at in the absence of real-life experience. Buckley (1998, p.

From the perspective of industry, this is a valuable development and the reason why universities are seen as the primary source of competence in basic research, and complementary to different strengths of industry. Research in industry, even if physical conditions may be better than most university laboratories, presents a totally different set of scientific and managerial problems (which are described in a separate chapter). Briefly, a balance has to be maintained between basic research, technology programmes and product and process innovations.

For example, what is described as the 1997/98 meltdown in the Tiger economies in East Asia can be, at least partly, traced to their inability to generate a sufficient number of knowledge workers. And as mentioned earlier, during Mao’s great Cultural Revolution, most educational institutions and those engaged in higher education and research were either destroyed or closed down for several years. Although China today has a high literacy rate, several millions of Chinese were deprived of formal education during the Cultural Revolution.

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