Optimal diversification for R&D project portfolios


Diversification of R&D projects not only can reduce overall risk, but also can create value-enhancement effect. A useful guideline for optimal diversification of R&D projects is important to R&D organizations. This paper extends financial portfolio analyses for R&D management particularly incorporating the technology risk. This study uses a survival model… (More)
DOI: 10.1007/s11192-011-0537-0


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