Process Innovation Opportunities in R&D Management in Research Laboratories
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Abstract
Innovation in R&D management in research laboratories involves fostering a culture of creativity, implementing effective processes, and leveraging new technologies to drive breakthrough discoveries and advancements. Process innovation in the management of R&D projects in labs involves improving the efficiency, effectiveness, and agility of the project management processes. It aims to streamline workflows, reduce time-to-market, optimize resource allocation, and enhance overall project outcomes. In this study, both exploratory, as well as a descriptive research technique, used to gain the background information and recent process-related challenges faced by internal and external stakeholders of R&D organizations. The outcomes of the interviews and their summaries are categories in various points below wherein, authors have tried to collate and suggest the possible approaches of process innovation in the research laboratories. The research paper postulates a framework which should be adopted by the decision makers of research laboratories for deployment of process innovation strategies. This paper also highlight the necessity of the comprehensive research management portal which can handle and digitize all the processes of the research laboratories.