RESEARCH AND DEVELOPMENT PROJECT SELECTION: A COMPREHENSIVE ANALYSIS OF THE TRENDS AND METHODS

Authors

  • Gizem Filiz Turkmen Istanbul Technical University
  • Yusuf Ilker Topcu Istanbul Technical University

DOI:

https://doi.org/10.7166/32-4-2452

Keywords:

R&D, R&D project selection, R&D project portfolio selection, PRISMA checklist, systematic literature review

Abstract

The purpose of this paper is to present a comprehensive literature review of the research and development (R&D) project selection problem since 1977, using the PRISMA method. This study aims (i) to support researchers and practitioners to understand selection methodologies, decision-maker types, and perspectives; (ii) to guide them in choosing the most suitable project selection method; and (iii) to clarify a common confusion by proposing a more precise definition of ‘R&D project selection’ and ‘R&D portfolio selection’. The study also highlights several areas for improvement and the future of project selection techniques for further studies.

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Author Biographies

Gizem Filiz Turkmen, Istanbul Technical University

Industrial Engineering Department

Yusuf Ilker Topcu, Istanbul Technical University

Industrial Engineering Department

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Published

2021-12-14

How to Cite

Filiz Turkmen, G., & Topcu, Y. I. (2021). RESEARCH AND DEVELOPMENT PROJECT SELECTION: A COMPREHENSIVE ANALYSIS OF THE TRENDS AND METHODS. The South African Journal of Industrial Engineering, 32(4), 24–43. https://doi.org/10.7166/32-4-2452

Issue

Vol. 32 No. 4 (2021)

Section

General Articles

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