Title: Strategic organization of R&D: the choice of basicness and openness
Authors: Cassiman, Bruno ×
Valentini, Giovanni #
Issue Date: Feb-2009
Publisher: SAGE
Series Title: Strategic Organization vol:7 issue:1 pages:43-73
Abstract: Through a stylized model of the R&D process, this article shows how the strategic organization of R&D should simultaneously consider the choice of the type of R&D to be performed (basicness) and the organization of R&D, which includes the choice about the exposure of the R&D project to knowledge from outside the firm (openness).The authors identify how each of these decisions affects the expected benefits and costs (production, transaction and coordination costs) of R&D projects, and formally derive how these decisions interact.The fact that these decisions are customarily allocated to different agents with misaligned objectives pushes top management to strategically adjust the R&D strategy (i.e. the type of R&D performed) in order to affect the organization of the R&D project, an often times decentralized decision taken by a project manager. From the model, the authors develop several implications for theory, explain some observed empirical regularities in the management of R&D and derive novel testable implications.
ISSN: 1476-1270
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Managerial Economics, Strategy and Innovation (MSI), Leuven
× corresponding author
# (joint) last author

Files in This Item:
File Description Status SizeFormat
strategicorganization.pdf Published 271KbAdobe PDFView/Open Request a copy

These files are only available to some KU Leuven Association staff members


All items in Lirias are protected by copyright, with all rights reserved.

© Web of science