Abstract
The research and development project selection decision is concerned with the allocation of resources to a set of proposals for scientific and engineering activities. The project selection process can be viewed as a multiple-criteria decision-making problem, within the context of the long-range and strategic planning process of the firm. The purpose of this paper is explore the applicability of several approaches, including the Analytic Hierarchy Process, for priority setting and resource allocation in the industrial R&D environment. The incorporation of these models into expert support systems for R&D project selection is discussed.
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