R&D Project Termination Decision Of High-Tech Corporations

The efficiency of innovation in high-tech R&D projects was still low. This paper tried to explore modeling methods of R&D project termination decision with qualitative analysis and quantitative analysis. The main conclusions were as follows:(1) To put forward a kind of decision model of the process management of R&D project based on R&D activities in corporation. The paper divided R&D project processes into five stages: elementary selection, evaluation and planning, R&D , conducting ,marketing. Compared with three-stages or six-stage management decision models proposed by some studies, the five-stages model could describe real process more clearly, and find the key point of evaluation more easily.(2) To Set up an initial set of variables influencing the output of R&D projects in every stage. These influence factors were identified and have high and significant discrimination strength for the output of R&D project during landscape orientation evaluation in different stage. The paper classified four types of factors influencing decision process management of R&D: Environment related, Organization related , Market related and Technology Related.what's more, seventy-one sub-factors of overall four types were brought forward and discussed.(3) To propose a contingency framework for R&D project evalution. This structure can provide a better understanding of the factors that influence success of a R&D project;The connection among characters and factors in every stage was also discussed.This contingency framework could help managers in corporations find the important factors easily and improve decision efficiency.(4) To Set up a set of key variables influencing the output of R&D projects in every process for communicatory manufacturing. With Demonstration research , a large-scale survey on termination decision of R&D project in communicatory manufacturing was carried out, a statistical analysis was carried out whose data were collected from more than 40 experts, and factors making high and significant discrimination strength for the output of R&D project were identified, and validated correct thinking about factor-selected model.(5) A kind of decision algorithm of R&D project termination based on improved rough set theory was proposed. This method could resolve the questions that calculation of reduction is huge and characteristic is not clear ,when there are few samples of R&D project to same extent. It could discern the classification of R&D project with uncertain feature so as to make decision of termination. The easibility and validity of this algorithm were testified by the instances from a large-scaled enterprises.Be testified by the instances, the methods of R&D project termination decision in this paper had a good practical application in high-tech corporations.