Enhancing the Financial Returns of R&D Investments through Operations Management

  title={Enhancing the Financial Returns of R\&D Investments through Operations Management},
  author={L. M. Daphne Yiu and Hugo K. S. Lam and Andy C. L. Yeung and T. C. Edwin Cheng},
  journal={Production and Operations Management},
Although much research has been carried out to examine various contextual issues and moderating factors for successful R&D investments, very little research has been conducted to explore the role of a firm's operational and process characteristics. In this study, we explore how firms could possibly enhance the financial returns of R&D investments through quality management, using Six Sigma implementation as an example, and efficiency improvement, using the stochastic frontier estimation of… 

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