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Fixed price versus cost plus R&D

contracting

R&D diversification

Fixed price versus cost plus R&D

contracting

Public funding of basic research

Second-in strategies

Licensing and joint venture

Research clubs

Corporate diversification

R&D diversification

Organic structures

Research clubs

Corporate diversification

Organic structures

Corporate level R&D

Matrix organisation

Corporate level R&D

Split budgets for operations and

innovation

Targets for new product generation

Parallel R&D approaches

(Cost Or Time)

Second-in strategies

Licensing and joint venture

Internal funding of R&D

Corporate level R&D

Top-down budgeting

Split the R&D function

Split budgets for operations and

innovation

Targets for new product generation

Public funding of basic research

Research clubs

Second-in strategies

Internal funding of R&D

Conduct R&D in-house

Split budgets for operations and

innovation

Corporate level R&D

Approbriability problems Neglect of potential spin-offs Duplicated research efforts Uncertainty Cost

Split the R&D function

Targets for new product

generation

Matrix organisation

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Corporate diversification

Organic structures

Public funding of basic research

Product champions

Quasi-autonomy

Licensing and joint venture

Parallel R&D approaches

(Cost Or Time)

Internal funding of R&D

Top-down budgeting

Quasi-autonomy

Internal funding of R&D

Corporate level R&D

Top-down budgeting

Split the R&D function

Split budgets for operations and

innovation

Targets for new product generation

Asymmetric information Machiavelli's problem Compartmentalisation of assetsLong time horizons

Targets for new product generation

Split budgets for operations and

innovationLicensing and joint venture

Organic structures

Product champions