---
res:
  bibo_abstract:
  - '<jats:sec><jats:title content-type="abstract-subheading">Purpose</jats:title><jats:p>New
    business practices and the globalization of markets force firms to take innovation
    as the fundamental pillar of their competitive strategy. Research and Development
    (R&amp;D) plays a vital role in innovation. As technology advances and product
    life cycles become shorter, firms rely on R&amp;D as a strategy to invigorate
    innovation. R&amp;D project portfolio selection is a complex and challenging task.
    Despite the management''s efforts to implement the best project portfolio selection
    practices, many projects continue to fail or miss their target. The problem is
    that selecting R&amp;D projects requires a deep understanding of strategic vision
    and technical capabilities. However, many decision-makers lack technological insight
    or strategic vision. This article aims to provide a method to capitalize on the
    expertise of R&amp;D professionals to assist managers in making informed and effective
    decisions. It also provides a framework for aligning the portfolio of R&amp;D
    projects with the organizational vision and mission.</jats:p></jats:sec><jats:sec><jats:title
    content-type="abstract-subheading">Design/methodology/approach</jats:title><jats:p>This
    article proposes a new strategic approach for R&amp;D project portfolio selection
    using efficiency-uncertainty maps.</jats:p></jats:sec><jats:sec><jats:title content-type="abstract-subheading">Findings</jats:title><jats:p>The
    proposed strategy plane helps decision-makers align R&amp;D project portfolios
    with their strategies to combine a strategic view and numerical analysis in this
    research. The proposed strategy plane consists of four areas: Exploitation Zone,
    Challenge Zone, Desperation Zone and Discretion Zone. Mapping the project into
    this strategic plane would help decision-makers align their project portfolio
    according to the corporate perspectives.</jats:p></jats:sec><jats:sec><jats:title
    content-type="abstract-subheading">Originality/value</jats:title><jats:p>The new
    approach combines the efficiency and uncertainty dimensions in portfolio selection
    into an integrated framework that: (i) provides a complete representation of the
    stochastic decision-making processes, (ii) models the endogenous uncertainty inherent
    in the project selection process and (iii) proposes a computationally practical
    and visually unique solution procedure for classifying desirable and undesirable
    R&amp;D projects.</jats:p></jats:sec>@eng'
  bibo_authorlist:
  - foaf_Person:
      foaf_givenName: Mehdi
      foaf_name: Namazi, Mehdi
      foaf_surname: Namazi
  - foaf_Person:
      foaf_givenName: Madjid
      foaf_name: Tavana, Madjid
      foaf_surname: Tavana
      foaf_workInfoHomepage: http://www.librecat.org/personId=31858
  - foaf_Person:
      foaf_givenName: Emran
      foaf_name: Mohammadi, Emran
      foaf_surname: Mohammadi
  - foaf_Person:
      foaf_givenName: Ali
      foaf_name: Bonyadi Naeini, Ali
      foaf_surname: Bonyadi Naeini
  bibo_doi: 10.1108/bij-02-2022-0129
  bibo_issue: '10'
  bibo_volume: 30
  dct_date: 2023^xs_gYear
  dct_isPartOf:
  - http://id.crossref.org/issn/1463-5771
  dct_language: eng
  dct_publisher: Emerald@
  dct_subject:
  - Business and International Management
  - Strategy and Management
  dct_title: A new strategic approach for R&D project portfolio selection using efficiency-uncertainty
    maps@
...