This paper focuses on the importance of decision making in Research and Development Investment, which is one of the major concerns in Technology Management. The study intends to construct a model relative to the decision support of the total amount of Research and Development Investment and distributions for different research activities. For this objective, the paper attempts to build a Techno-Dynamics Model which explains the process by which various research efforts bring forth knowledge and techniques. It is likewise interested in exploring the research spiral of the study outcomes that would result. The Techno-Dynamics Model that is essential for this paper is based on a Stock of Technological Knowledge. The paper tries to describe the research spiral model that is inextricable from the degree of knowledge, technology, product development, production, and finally volume of sales. In this paper, these layers are defined as "stock of basic research, ""stock of applied research, ""stock of development research, ""operating, " and "sales." They reflect an accumulation of technological knowledge, technological transfer, obsolescence, technological development, and a time lag of production. This paper takes these factors into account and hopes to structure a multi-layered model. The final result will hopefully have a utility value and may be put into operation in a real marketing model for a private enterprise.
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