42621

Eduardo Pinheiro Gondim de Vasconcellos
Sérgio Nunes Muritiba
Sally Muller Affonso Prado
Mary Dalva Caparroz Vancetto
Patricia Morilha Muritiba

Revista de Administração e Inovação

The resources invested in research do not guarantee an immediate practical application. Companies and government increasingly seek mechanisms for prioritizing R&D projects appropriately when resources are insufficient. This study's objective was to develop and present a methodology used to evaluate the portfolio of research and help choosing the best investments in research. This methodology was applied at the Butanta Institute, in Brazil, an organization responsible for researching and developing, among other medicines, vaccines and other chemicals, Onco BCG, a medication for the treatment of bladder cancer. In the article, we present and analyze the methodology used at Butanta Institute. Conclusions show that literature on R&D portfolio management advises the use of risk and return criteria, when choosing among projects. In the case study of Butanta, the methodology of choice was based more on the customer's perspective.

Portfolio management, R&D, Technology strategy

VASCONCELLOS, E. P. G.; MURITIBA, S. N.; PRADO, S. M. A.; VANCETTO, M. D. C.; MURITIBA, P. M. Analyzing R&D projects on health products. Revista de Administração e Inovação, v. 13, n. 3, p. 199-210, 2016.

Vasconcellos, E. P. G., Muritiba, S. N., Prado, S. M. A., Vancetto, M. D. C., & Muritiba, P. M. (2016). Analyzing R&D projects on health products. Revista de Administração e Inovação, 13(3), 199-210.

http://dx.doi.org/10.1016/j.rai.2016.06.001

http://www.spell.org.br/documentos/ver/42621/analyzing-r-d-projects-on-health-products/i/pt-br

Artigo

Inglês

Brook, J. W.; Pagnanelli, F. (2014). Integrating sustainability into innovation project portfolio management - A strategic perspective. Journal of Engineering and Technology Management, 34, 46-62.

Chien, C. (2002). A portifolio-evaluation framework for selecting R&D projects. R&D Management, 32(4), 359-368.

Christensen, C. M. (1997). The innovation dilemma - When the new technologies cause great firms to fail. Boston: Harvard Business School Press.

Cohen, L.; Duberley, J.; Mcauley, J. (1999). The purpose and process of science: Contrasting understandings in UK research establishments. R&D Management, 29(3).

Cooper, R. G.; Edgett, S. J.; Kleinschmidt, E. J. (1998). Best practices for managing R&D portfolios. Research Technology Management, 1(4), 20.

de Oliveira Filho, N.; Silveira, F. F.; Ana, P. S. S. (2014). O Processo de Tomada de Decisão para a Seleção de Projetos em uma PME do Setor de Engenharia. Revista de Gestão e Projetos, 5(3), 88.

Dosi, G. (1982). Technological paradigms and technological trajectories. Research Policy, 11.

Graves, S. B.; Ringuest, J. L.; Case, R. H. (2000). Formulating optimal R&D portfolios. Research Technology Management, 43(3), 47.

Hodder, J. E.; Riggs, H. E. (1985). Pitfalls in evaluating risky projects. Harvard Business Review, 63(January-February (1).

Jeng, D. J. F.; Huang, K. H. (2015). Strategic project portfolio selection for national research institutes. Journal of Business Research, 68(11), 2305-2311.

Jolly, D. (2002). The issue of weightings in technology portfolio management. In International Conference on Management of Technology, IAMOT.

Kirchhoff, B. A.; Merges, M. J.; Morabito, J. (2001). A value creation model for measuring and managing the R&D portfolio. Engineering Management Journal, 13(1), 19.

Kolisch, R.; Meyer, K.; Mohr, R. (2005). Maximizing R&D portfolio value. Research Technology Management, 48(3), 33.

Lacerda, F. M. (2015). Modelo de gestão de portfólio de projetos em organizações sem fins lucrativos: um estudo exploratório em uma associação médica de especialidade. Available at https://repositorio.uninove.br/xmlui/handle/123456789/717. (accessed 26.02.16)

Lee, J. W.; Kim, S. H. (2000). Using analytic network process and goal programming for interdependent information system project selection. Computers & Operations Research, 27(4), 367-382.

Linton, J. D.; Walsh, S. T.; Morabito, J. (2002). Analysis, ranking and selection of R&D projects in a portfolio. R&D Management, 32(2), 139.

Lint, O.; Pennings, E. (2001). An option approach to the new product development process: A case study at Philips Electronics. R&D Management, 31(2), 163.

Liu, O.; Wang, J.; Ma, J.; Sun, Y. (2016). An intelligent decision support approach for reviewer assignment in R&D project selection. Computers in Industry, 76, 1-10.

Martin, M. J. C. (1994). Managing innovation and entrepreneurship in technology based firms. New York: John Wiley & Sons, Inc.

Matheson, J. E.; Menke, M. M. (1994). Using decision quality principles to balance your R&D portfolio. Research Technology Management, 37(3), 38.

Mintzberg, H. (1998). A Criac¸ão Artesanal da Estratégia. In C. A. Montgomery, & M. Porter (Eds.), Estratégia: a busca da vantagem competitiva. (pp. 419-437). Rio de Janeiro: Campus.

Morris, P. A.; Teisberg, E. O.; Kolbe, A. L. (1991). When choosing R&D projects, go with long shots. Research Technology Management, 34(1), 35.

Neis, D.; Pereira, M. F. (2016). As origens do campo da estratégia: contribuic¸ões de Igor Ansoff e Henry Mintzberg. Revista Eletrônica de Estratégia & Negócios, 8(2), 207-240.

Oliveira, B. R. B. D.; Salazar, V. S.; Crêspo, P. M.; Costa, C. S. R.; Kovacs, E. P. (2015). Competitive strategy in small enterprises: Dimensions of the strategic process and their associations with generic and functional strategies. Gestão & Produção, 22(1), 119-132.

Osawa, Y. , & Murakami, M. (2002). Development and application of a new methodology of evaluating industrial R&D projects. R&D Management, 32(1), 79-85.

Oullet, F.; Martel, J. F. (1995). Méthode multicritère d’évaluation et de selection de projects de R&D interdépendents. Revue Canadienne des Sciences de l’Administrationa, 12(3), 195-209.

Parvaneh, F. H. A.; El-Sayegh, S. M. (2016). Project selection using the combined approach of AHP and LP. Journal of Financial Management of Property and Construction, 21(1).

Pérez, F.; Caballero, R.; Carazo, A. F.; Gómez, T.; Liern, V. (2015). A multiobjective fuzzy model for selecting and planning a project portfolio in a public organisation. International Journal of Engineering Management and Economics, 5(1-2), 48-58.

Ringuest, J. F.; Graves, S. B.; Case, R. H. (1999). Formulating R&D portfolios that account risk. Research Technology Management, 42(6), 40-43.

Ringuest, J. L.; Graves, S. B. (2005). Formulating optimal R&D portfolios. Research Technology Management, 48, 42-47.

Roussel, P. H.; Saad, K. N.; Erickson, T. J. (1991). Third generation R&D - Managing the link to corporate strategy. Boston, MA: Harvard Business School Press.

Rzasa, P. V. , Faulkner, T. W.; Sousa, N. L. (1990). Analyzing R&D portfolios At Eastman Kodak. Research Technology Management, 33(1), 27.

Sahal, D. (1991). Patterns of technological innovation. London: Addison Wesley.

Sanderson, S. W.; Uzumeri, M. (1997). The innovation imperative - Strategies for managing product models and families. Richard Irwin.

Schaeffer, S. E.; Cruz-Reyes, L. (2016). Static R&D project portfolio selection in public organizations. Decision Support Systems.

Tritle, G. L.; Scriven, E. F.; Fusfeld, A. R. (2000). Resolving uncertainty in R&D portfolios. Research Technology Management, 43(6), 47.

Utterback, J. M. (1994). Mastering the dynamics of innovation. Boston, MA: Harvard Business School Press.

Vasconcellos, E. (1990). Technology planning - A practical experience. In International Conference on Technology Management