R&D vs. Product DevelopmentSome systematic differences
R& D People
- Structure: Well defined, clearly established research tradition
- Methods: Scientific and codified
- Pressure: Internal. How long will it take?
- Assume: Serendipity
- Goals: “NEW” Can it be better?
- Performance criteria: Quality of the investigation
- Experience: PhD deep and focussed
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Product Development
- Structure: Loose
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- Methods: Ad hoc -get it done
- Pressure: External : How long do we have?
- Assume: Planning
- Goals: “Big” Does it work?
- Performance criteria: Quantity of the results
- Experience: Broad and diverse