A timely guide for those investing in research and development. Completely updated and expanded, this edition examines the relationship between managing research development (R&D) and sustaining sound financial policy. Through their extensive fieldwork and consulting, the authors' demonstrate how to balance and manage R&D efforts, capital investment, and new debt financing decisions. They also offer a framework for understanding the interdependence between these elements and the tools that include financial modeling techniques for determining resource allocation.
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