.... For sake of simplicity, let assume here that the intermediate output h₁^R of the Firm 1 is shared with the R&D department of Firm 2. The R&D joint venture is then described by the following function: (Equation 4) Innovation Research and development...

..., propositions supporting the research model are presented. Finally, in section 5 a summary and implications for future research are stated. © Emerald Group Publishing Limited 2011 Decision making Research and development Return on investment Project evaluation Contemporary to today's...

...Markus E. Bergfors; Andreas Larsson Purpose The purpose of this paper is to open up the research and development (R&D) organisation by separating product and process innovation and exploring these activities in terms of the structural variable of centralisation versus decentralisation...

... and mergers Research and development Innovation United States of America Long‐term competitiveness in high‐tech industries such as the drug industry is possible only with constant efforts to innovate (DeCarolis and Deeds, 1999). Acquisitions are a direct route to accessing new capabilities and can...