publication . Article . 2001

Strategic management of government-sponsored R&D portfolios

Barry Bozeman; Juan Rogers;
Open Access
  • Published: 01 Jan 2001 Journal: Environment and Planning C: Government and Policy, volume 19, issue 3 June, pages 413-442
Although strategic management of R&D portfolios is common practice in private sector R&D, government R&D management tends to be more discrete and ad hoc, focusing on generating maximum output from individual projects. Often, there is no clear notion of the desired public sector output. Whereas private sector R&D evaluation is generally straightforward, with the function of R&D being measured in terms of a company's internal return on investment, the benefits of public-sponsored R&D tend to be more diffuse with respect to both type and impact. Drawing from evidence developed in twenty-four case studies of R&D projects sponsored by the Department of Energy's Offic...
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