A New Integrative Approach Based on Balanced Scorecard, Data Envelopment Analysis, and Management Performance to Prioritize Research and Development Projects

Author:

Abbasian-Naghneh, Salaman

Place:

Hershey

Publisher:

IGI Global

Date published:

2013

Responsibility:

Samiei, Mahboobeh, jt.author

Felahat, Marziyeh, jt.author

Editor:

Osman, Ibrahim H.

Journal Title:

Handbook of Research on Strategic Performance Management and Measurement Using Data Envelopment Analysis

Source:

Handbook of Research on Strategic Performance Management and Measurement Using Data Envelopment Analysis

Subject:

BALANCED SCORECARD

Abstract:

The objective of this chapter is to propose a new approach for evaluating Research and Development (R&D) projects at different stages of their life cycle. The approach is based on the integration of the balanced scorecard, Data Envelopment Analysis (DEA), and Multiple Objective (MO) linear programming. An interactive MO-DEA model is presented to incorporate Decision Maker's (DM) preference to effectively establish a common basis for fully ranking projects. The approach is illustrated on 50 R&D projects from the literature to highlight the effectiveness of the approach to fully rank all competing projects, hence increasing the discrimination power of DEA approach.

Series:

Advances in Logistics, Operations, and Management Science

Catagory URL:

http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/978-1-4666-44…

DOI:

https://dx.doi.org/10.4018/978-1-4666-4474-8.ch007

CITATION: Abbasian-Naghneh, Salaman. A New Integrative Approach Based on Balanced Scorecard, Data Envelopment Analysis, and Management Performance to Prioritize Research and Development Projects edited by Osman, Ibrahim H. . Hershey : IGI Global , 2013. Handbook of Research on Strategic Performance Management and Measurement Using Data Envelopment Analysis - Available at: https://library.au.int/frnew-integrative-approach-based-balanced-scorecard-data-envelopment-analysis-and-management