Abstract
RD management constitutes a strategic component of corporate management to be competitive and excel. This paper quantitatively clarifies what RD management shows better corporate performance: high growth and high profitability, in Japanese manufacturing firms. RD management here covers all levels of RD management: from corporate objectives and strategy to resource allocation and project management. This firms that have many executives specializing in RD and production in the highest decision making body in a firm show better corporate performance. So do the firms that set new product development as a corporate objective and the firms that have a primary strategy of strengthening technology potential. As for RD resources, the firms that invest more in RD per sales and the firms that have more researchers per employee show better performance. As for technology policy, the firms that place emphasis on innovative RD rather than incremental RD and on in-house technology rather than outside technology are performing better.
