R&D PROJECT EVALUATION AND SELECTION MODELS FOR DEVELOPMENT: A SURVEY OF THE STATE OF THE ART

THE INTERSECTION BETWEEN PROJECT ORIENTED EVALUATION AND DETERMINATION OF R&D PROGRAMS AND MACROECONOMIC DEVELOPMENT PLANNING IS THE FOCUS OF THIS PAPER. THE SPECIFIC DIFFICULTIES OF THE PLANNING PROBLEM ARE DESCRIBED AND USED TO DERIVE THE CRITERIA FOR THE EXTERNAL VALIDITY OF THE MODELS PRESENTED: AN ADEQUATE REPRESENTATION OF THE COMPLEXITY WITHIN THE GOAL SYSTEM, INCLUSION OF DIRECT AND INDIRECT BENEFITS ATTRIBUTABLE TO R&D PROJECTS, THE INCORPORATION OF UNCERTAINTY, AND THE INCORPORATION OF PROJECT AND PROGRAM INTERDEPENDENCIES. TWO BASIC TYPES OF MODELS ARE IDENTIFIED, DESCRIBED AND EVALUATED: MODELS ATTEMPTING TO INTEGRATE PROJECT ORIENTED ASPECTS INTO MACROECONOMIC STRUCTURES AND PROJECT ORIENTED MODELS ATTEMPTING TO INCLUDE MACROECONOMIC ASPECTS. LINEAR PROGRAMMING MODELS ARE PRESENTED SEPARATELY DUE TO THEIR COMMON WEAKNESSES AND STRENGTHS. THE EVALUATION INDICATES THAT THOSE MODELS FOCUSSING UPON THE EVALUATION RATHER THAN THE DECISION, INDICATING PREGERRED RATHER THAN OPTIMAL COURSES OF ACTION, AND CAPABLE OF DEALING WITH QUALITATIVE ELEMENTS HAVE THE MOST PROMISING POTENTIAL. SOME RECOMMENDATIONS FOR FURTHER RESEARCH ARE GIVEN. /AUTHOR/

  • Supplemental Notes:
    • Vol 5, No 1, PP 25-39
  • Authors:
    • Schroder, H H
  • Publication Date: 1971-2

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Filing Info

  • Accession Number: 00201963
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 16 1971 12:00AM