RESEARCH AND DEVELOPMENT PROJECT SELECTION: A COMPREHENSIVE ANALYSIS OF THE TRENDS AND METHODS

G. Filiz Turkmen*, Y. I. Topcu

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-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.

Original languageEnglish
Pages (from-to)28-43
Number of pages16
JournalSouth African Journal of Industrial Engineering
Volume32
Issue number4
DOIs
Publication statusPublished - 2021

Bibliographical note

Publisher Copyright:
© 2021, South African Institute of Industrial Engineering. All rights reserved.

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