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.

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

Section

General Articles