{"title":"Relevance analysis in research planning","authors":"William J. Sheppard","doi":"10.1016/0099-3964(70)90016-5","DOIUrl":null,"url":null,"abstract":"<div><p>Today, research funding is under pressure because of rising costs for labor, raw materials, and equipment, as well as changes in public policy. Since research costs are not a direct part of the cost of current production any reduction in research costs will increase current earnings or will make funds available for more pressing uses within the firm. In addition, there is a drive to increase the productivity of expenditures on research, as with all other expenses. Therefore, industrial research is carefully planned and continuosly managed.</p></div>","PeriodicalId":101211,"journal":{"name":"Technological Forecasting","volume":"1 4","pages":"Pages 371-379"},"PeriodicalIF":0.0000,"publicationDate":"1970-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/0099-3964(70)90016-5","citationCount":"10","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Technological Forecasting","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/0099396470900165","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 10
Abstract
Today, research funding is under pressure because of rising costs for labor, raw materials, and equipment, as well as changes in public policy. Since research costs are not a direct part of the cost of current production any reduction in research costs will increase current earnings or will make funds available for more pressing uses within the firm. In addition, there is a drive to increase the productivity of expenditures on research, as with all other expenses. Therefore, industrial research is carefully planned and continuosly managed.