Industrial research and development: a management challenge.
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Authors
Adams, Robert Kennedy
Subjects
Advisors
Johnson, Arlin Rex
Date of Issue
1963-06
Date
Publisher
George Washington University
Language
en_US
Abstract
Today research and development is big business. The
United States is spending more money for research and development
in one year than was spent between the signing of the
Declaration of Independence and the end of World War II,
Since the late 19U0*s the results of industrial research
have been spectacular. The advances in space technology,
weaponry, and other technological advances have emphasized
the point that management can only sense what may affect its
operations about a year or two ahead. This point is further
reinforced by the development of whole new industries, such
as the multi-billion dollar electronic computer industry. Here the significant point to management is not the fact of
innovation, or even its size, but the fact that the original
developments of computers were made by newcomers, not well
established large producers of business machines and associated
equipment. The well established, large companies found themselves
forced into the field by competition. Therefore, today
few industrial executives will dispute that research is
needed for competitive survival alone, to say nothing of growth and diversification.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.