Utilizing the Balanced Scorecard for R&D Performance Measurement

10 Pages Posted: 6 Jul 2004

See all articles by Wayne G. Bremser

Wayne G. Bremser

Villanova University

Noah Barsky

Villanova University - School of Business

Abstract

R&D programs are critical for many firms to achieve and sustain competitive advantage. Yet, measuring R&D performance over time can be quite complex due to inherent uncertainty. The paper responds to calls in the R&D literature to explore integrated performance measurement systems that capture financial and nonfinancial performance. We integrate the Stage-Gate approach to R&D management with the Balanced Scorecard to present a framework to show how firms can link resource commitments to these activities and the firm's strategic objectives. In this paper, we provide specific examples of how firms can apply this integrated performance measurement system to the R&D function.

Suggested Citation

Bremser, Wayne G. and Barsky, Noah, Utilizing the Balanced Scorecard for R&D Performance Measurement. R&D Management, Vol. 34, No. 3, pp. 229-238, June 2004, Available at SSRN: https://ssrn.com/abstract=549795

Wayne G. Bremser (Contact Author)

Villanova University ( email )

Villanova, PA 19085
United States

Noah Barsky

Villanova University - School of Business ( email )

800 Lancaster Avenue
Villanova, PA 19085-1678
United States
610-519-6272 (Phone)
610-519-5204 (Fax)

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