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Paper Information

Journal:   JOURNAL OF SCIENCE AND TECHNOLOGY POLICY   SUMMER 2008 , Volume 1 , Number 2; Page(s) 17 To 28.
 
Paper: 

VIRTUAL BENCHMARKING FOR R&D PROJECTS USING DATA ENVELOPMENT ANALYSIS (DEA)

 
 
Author(s):  ABBASI FARHAD*
 
* IRANIAN RESEARCH ORGANIZATION FOR SCIENCE AND TECHNOLOGY (IROST) TEHRAN, IRAN
 
Abstract: 

Benchmarking is a tool for monitoring of performance and search for the best practice through learning from others. This paper introduces a new model, namely Virtual Benchmarking Model (VBM), for benchmarking the R&D projects. This model uses the Data Envelopment Analysis (DEA) technique and identifies output's indicators based on R&D steps and addresses the problem of outputs inhomogeneous.
The proposed model was examined empirically with input-output indicators captured from 30 electronics R&D projects of IROST. Results indicate that for identifying the best practices, efficiency and effectiveness criteria should be used jointly. Based on the VBM model, 17 % of R&D projects were distinguished as benchmark for other projects. The main characteristics of these projects were: 1) effective human resources planning and; 2) marketing for result of R&D projects. The use of virtual benchmarking process can lead to enhance the performance of R&D projects.

 
Keyword(s): BENCHMARKING, DEA, R&D, EFFICENCY, ELECTRONICS PROJECTS VIRTUAL BENCHMARKING FOR R&D PROJECTS
 
References: 
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