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- Document type:
- Zeitschriftenaufsatz
- Author(s):
- Behrens, Judith
- Non-TUM Co-author(s):
- ja
- Cooperation:
- -
- Title:
- A Lack of Insight: An Experimental Analysis of R&D Managers’ Decision Making in Innovation Portfolio Management
- Abstract:
- This study analyses the decision to exploit an innovation project and investigates differences in individuals’ evaluations of project attributes in the context of innovation project portfolio management. A conjoint field experiment was used to collect data on exploitation decisions made by 126 research and development (R&D) managers to test how managers evaluate specific project attributes in the context of innovation project portfolio management. I analyse the relative power and popularity of profitability, strategy, uncertainty and social dimensions of the portfolio while R&D managers exploit an innovation project. Moreover, using social judgement theory, I analyse actual exploitation processes (i.e., the innovation attributes an R&D manager considers while he or she is making an exploitation decision) and self-reported decision-making attributes (i.e., managers’ self-reported data). The data underline that R&D managers value specific project attributes more and others less, and therefore find disparities in innovation project portfolio decision making. Based on this study's results, decision makers are better able to reflect and understand the influence of specific project attributes. Therefore, they should investigate established decision-making processes which can help them to improve portfolio performance.
- Intellectual Contribution:
- Discipline-based Research
- Journal title:
- Creativity and Innovation Management
- Journal listet in FT50 ranking:
- nein
- Year:
- 2016
- Journal volume:
- 25
- Journal issue:
- 2
- Pages contribution:
- 239-250
- Fulltext / DOI:
- doi:10.1111/caim.12157
- Publisher:
- Wiley-Blackwell
- Date of publication:
- 05.12.2015
- Judgement review:
- 0
- Key publication:
- Nein
- Peer reviewed:
- Ja
- International:
- Ja
- Book review:
- Nein
- Commissioned:
- not commissioned
- Professional Journal:
- Nein
- Interdisciplinarity:
- Ja
- Mission statement:
- ;
- Ethics and Sustainability:
- Nein
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