Revenue Driven Resource Allocation: Funding Authority, Incentives, and New Product Development Portfolio Management

Published Online:https://doi.org/10.1287/mnsc.1090.1046

References

  • Aghion P., Tirole J. Formal and real authority in organizations. J. Political Econom. (1997) 105(1):2–29CrossrefGoogle Scholar
  • Anderson E., Joglekar N. A hierarchichal product development planning framework. Production Oper. Management (2005) 14(3):344–361CrossrefGoogle Scholar
  • Antle R., Eppen G. Capital rationing and organizational slack in capital budgeting. Management Sci. (1985) 31(2):163–174LinkGoogle Scholar
  • Baker G., Gibbons R., Murphy K. Informal authority in organizations. J. Law., Econom., Organ. (1999) 15(1):56–73CrossrefGoogle Scholar
  • Barley S., Kunda G. Design and devotion: Surges of rational and normative ideologies of control in managerial discourse. Admin. Sci. Quart. (1992) 37:363–399CrossrefGoogle Scholar
  • Bate P., Kahn R., Pye A. Towards a culturally sensitive approach to organization structuring: Where organization design meets organization development. Organ. Sci. (2000) 11(2):197–211LinkGoogle Scholar
  • Bernardo A., Cai H., Luo J. Capital budgeting and compensation with asymmetric information and moral hazard. J. Financial Econom. (2001) 61:311–344CrossrefGoogle Scholar
  • Carrillo J., Gaimon C. Improving manufacturing performance through process change and knowledge creation. Management Sci. (2000) 46(2):265–288LinkGoogle Scholar
  • Chao R. Strata, structure, and strategy for new product development portfolio management. (2007) . Unpublished doctoral thesis, Georgia Institute of Technology, AtlantaGoogle Scholar
  • Chao R., Kavadias S. A framework for managing the NPD portfolio: When and how to use strategic buckets. Management Sci. (2008) 54(5):907–921LinkGoogle Scholar
  • Christensen C., Anthony S. Building your internal growth engine. Strategy & Innovation (2005) January–February):3–5Google Scholar
  • Cooper R., Edgett S. J., Kleinshmidt E. J.Portfolio Management for New Products (1998) (Perseus Books, New York) Google Scholar
  • Dutta S. Capital budgeting and managerial compensation: Incentive and retention effects. Accounting Rev. (2003) 78(1):71–94CrossrefGoogle Scholar
  • Eisenhardt K. Control: Organizational and economic approaches. Management Sci. (1985) 31(2):134–149LinkGoogle Scholar
  • Farrell J., Rabin M. Cheap talk. J. Econom. Perspectives (1996) 10(3):103–118CrossrefGoogle Scholar
  • Galbraith J.Designing Complex Organizations (1977) (McGraw-Hill, New York) Google Scholar
  • Gibbons R., Murphy K. Optimal incentive contracts in the presence of career concerns: Theory and evidence. J. Political Econom. (1992) 100(5):468–505CrossrefGoogle Scholar
  • Grossman S., Hart O. An analysis of the principal agent problem. Econometrica (1983) 51(1):7–45CrossrefGoogle Scholar
  • Gutierrez G. J., Kouvelis P. Parkinson's Law and its implications for project management. Management Sci. (1991) 37(8):990–1001LinkGoogle Scholar
  • Harris M., Raviv A. The capital budgeting process: Incentives and information. J. Finance (1996) 51(4):1139–1174CrossrefGoogle Scholar
  • Hartl R., Sethi S. Optimal control of a class of systems with continuous lags: Dynamic programming approach and economic interpretations. J. Optim. Theory Appl. (1984) 43(1):73–87CrossrefGoogle Scholar
  • Hartmann G., Myers M., Rosenbloom R. Planning your firm's R&D investment. Res. Tech. Management (2006) 49(2):25–36CrossrefGoogle Scholar
  • Holmstrom B. Agency costs and innovation. J. Econom. Behav. Organ. (1989) 12:305–327CrossrefGoogle Scholar
  • Holmstrom B. Managerial incentive problems: A dynamic perspective. Rev. Econom. Stud. (1999) 12:305–327Google Scholar
  • Holmstrom B., Milgrom P. Multitask principal-agent analyses: Incentive contracts, asset ownership, and job design. J. Law, Econom., Organ. (1991) 7:24–52CrossrefGoogle Scholar
  • Kaarboe O., Olsen T. Career concerns, monetary incentives, and job design. Scandinavian J. Econom.108(2):299–316CrossrefGoogle Scholar
  • Kamien M., Schwartz N.Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics and Management (1991) (Elsevier Science, Oxford, UK) Google Scholar
  • Kavadias S., Chao R., Loch C., Kavadias S. Resource allocation and new product development portfolio management. Handbook of New Product Development Management (2008) (Elsevier, Oxford, UK) 135–163CrossrefGoogle Scholar
  • Kumar S., Seth A. The design of coordination and control mechanisms for managing joint venture-parent relationships. Strategic Management J. (1998) 19(6):579–599CrossrefGoogle Scholar
  • Lambert R. A. Executive effort and selection of risky projects. RAND J. Econom. (1986) 17(1):77–88CrossrefGoogle Scholar
  • Lewin A., Minton J. Determining organizational effectiveness: Another look, and an agenda for research. Management Sci. (1986) 32(5):514–538LinkGoogle Scholar
  • Loch C., Tapper U. A. S. Implementing a strategy-driven performance measurement system for an applied research group. J. Product Innovation Management (2002) 19(3):185–198CrossrefGoogle Scholar
  • Mintzberg H. Structure in 5's: A synthesis of the research on organization design. Management Sci. (1980) 26(3):322–341LinkGoogle Scholar
  • Nelson R., Winter S.An Evolutionary Theory of Economic Change (1982) (Belknap Press, Cambridge, MA) Google Scholar
  • Ouchi W. A conceptual framework for the design of organization control mechanisms. Management Sci. (1979) 25:833–848LinkGoogle Scholar
  • Pollack H., Zeckhauser R. Budgets as dynamic gatekeepers. Management Sci. (1996) 42(5):642–658LinkGoogle Scholar
  • Roussel P., Saad K. N., Erickson T. J.Third Generation R&D Managing the Link to Corporate Strategy (1991) (Harvard Business School Press, Cambridge, MA) Google Scholar
  • Sethi S., Thompson G.Optimal Control Theory: Applications to Management Science and Economics (2000) (Kluwer Academic Publishers, Norwell, MA) Google Scholar
  • Siemsen E. The hidden perils of career concerns in R&D organizations. Management Sci. (2008) 54(5):863–877LinkGoogle Scholar
  • Stein J. C. Information production and capital allocation: Decentralized versus hierarchical firms. J. Finance (2002) 57(5):1891–1921CrossrefGoogle Scholar
  • Tushman M., O'Reilly C. Ambidextrous organizations: Managing evolutionary and revolutionary change. California Management Rev. (1996) 38(4):8–30CrossrefGoogle Scholar
  • Ulrich K., Eppinger S.Product Design and Development (2004) (McGraw-Hill/Irwin, New York) Google Scholar
  • Wheelwright S., Clark K.Revolutionizing New Product Development (1992) (Free Press, New York) Google Scholar
  • Zwiebel J. Corporate conservatism and relative compensation. J. Political Econom. (1995) 103(1):1–25CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.