by James E. Matheson, Michael M. Menke, and Stephen L. Derby.
This paper addresses four questions fundamental when using a decision analysis approach to managing R&D portfolios: Are we spending the right amount on R&D? Are we allocating this spending to the right areas? Do we have the right balance of risk and return? How can we create a culture that that support this process?
Published in The Journal of Science Policy and Research Management. Reprinted with permission.