Research & Development management system and profitability method used at Sumitomo Electric

Abstract

In order to increase R&D efficiency, it is important to establish an R&D management system best suited for the particular enterprise. This paper presents the outline of the R&D management at Sumitorno Electric Industries, the organization of the R&D Group, the project evaluation method used, and the Sumitorno model of the profitability method as applied to project assessment.