Objective
The objective of COF is to develop management tools and concepts to help European high-tech companies to better manage their technology development processes.
Three major motivations have led to the initiation of COF: The "state of the art" of business administration falls short of meeting the specific requirements of technology-intensive companies in the modern complex business environment. From the start there is a close cooperation between University researchers and practitioners from collaborating companies to ensure the applicability of the instruments to be developed and to receive a constant flow of feedback from managers. The importance of creating a link to the influential Japanese business community in both practical management and University research has led to including a Japanese partner project.
The result of COF is the publication of a book containing the recommendation to implement the newly developed tools to increase the effectiveness and efficiency of technology management.
COF consists of three subprojects (Accountability of Technology, Industrial Research, Systems Companies) that aim at providing answers associated with the management of technology development. Moreover, there is a close collaboration with the Japanese partner project which concentrates on the aspects of human knowledge generation and the development of tools to support these processes.
In the early stages of the product development process, basic research is undertaken to generate a knowledge platform on which later activities can be built on. At that stage, it is crucial to generate and exchange information with third institutions conducting research in the same area (universities, research institutes, other companies). The goal of the subproject "Industrial Research" is to identify the commercial functions of industrial research and to devise ways to better value knowledge generation in an environment of distributed knowledge.
There is a growing trend towards system products and interlinked development work of different companies. In these processes, specific problems arise between the different component makers and the company that is responsible for the system as a whole.
Consequently the 'Systems Companies' subproject ties to cope with the management of product development where R&D is divided among various organizations. The accounting, evaluation and control of the whole technology development process are the core issues of the "Accountability of Technology" subproject on the European side. On the basis of the assumption that the current methods of financial control and accounting are not appropriate for technology development processes, new systems should be developed to allow for efficient management and resource allocation for such activities.
Achievements so far.
In the first part of the project, numerous interviews have been conducted in Europe as well as in Japan to identify functions of industrial research and problems of technology management in systems companies. Four case studies have been started to derive information structures for possible accountability systems. Some of the results already led to publications in journals such as Technovation. Additionally, the COF working paper series has been published.
Fields of science (EuroSciVoc)
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
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Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
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Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
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Coordinator
Mannheim
Germany
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.