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An Empirical Analysis of the Valley of Death: Large-scale R&D Project Performance in a Japanese Diversified Company
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  • An Empirical Analysis of the Valley of Death: Large-scale R&D Project Performance in a Japanese Diversified Company
  • An Empirical Analysis of the Valley of Death: Large-scale R&D Project Performance in a Japanese Diversified Company
저자명
Osawa. Yoshitaka,Miyazaki. Kumiko
간행물명
기술혁신연구
권/호정보
2006년|14권 2호|pp.93-116 (24 pages)
발행정보
기술경영경제학회
파일정보
정기간행물|ENG|
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이 논문은 한국과학기술정보연구원과 논문 연계를 통해 무료로 제공되는 원문입니다.
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기타언어초록

The purpose of this study is to contribute reference material that provides insight into innovative process management that increases R&D output in commercializing new products. A model of a process from research to commercialization with the cumulative profit and loss curve is put forward and hypotheses related to success and failure are developed at the stages up to product launch. Seventeen large projects that have resulted in successful product launches have been examined from the initial research stage to commercialization. Prefect duration, standardized cumulative R&D expenditures and research resource concentration are analyzed in terms of statistical method and patterns in cumulative profit and loss curves after product sales, as well as the reasons for and other aspects of success/failure are investigated and analyzed. Consequently, valuable information on future management tasks has been obtained such as: (1) project duration differs depending on market sectors, product types and presence/absence of materials research (2) cumulative profit and loss curves can be categorized into four patterns (3) reasons for failure can be divided into technological and market problem categories and (4) these factors have an impact on product sales.