Hong Kong's Innovation and Technology Fund (ITF) from the Hong Kong Special Administrative Region's Government supports collaborative R&D projects in industry, academia, and research centers. This chapter has been developed for the ITF project teams and collaborative organizations specifically, but it is a useful reference for project teams working with multiple partners or stakeholders. This chapter is the result of the author's Engineering Doctorate research on “Enhancing the Commercialization Success of Innovation and Technology Fund (ITF) R&D Projects in Hong Kong's Logistics and Supply Chain Industry.” It takes the readers through the process from project identification to commercialization. The process described in the chapter has been effectively implemented in a recent ITF project in Hong Kong's logistics and supply chain industry. The chapter is a useful standard operations procedure (SOP) for collaborative R&D project teams.
TopResearch Conceptual Framework And Methodologies
This study is formulated and conceptualized based on the findings in the literature review, quantitative and qualitative data analysis from R&D Technologist and Industry perspective in the author’s previous research study, the data has been collected from the R&D Technologists, Industry Experts, Industry Users and piloted in a real case study. The whole research framework and methodology is established, but this handbook is summarized the findings in the red circle part of Figure 1.
The research conceptual framework is based on six sigma model, DMAIC (Define, Measures, Analyze, Improvement, and Control) concept to modify. Joseph and Mark (2014) redesigned the operation process to enhance the production. The key process and sub-tasks were listed on different stages one by one to solve the problem.
For critical analysis of the effectiveness of R&D process assessment for ITSP’s R&D project development and commercialization in Hong Kong’s Logistics and Supply Chain Industry. The research framework divided in two areas as R&D Technologist perspective and Industry perspective. The research study focuses on the expectation of R&D Technologist and Industry concern on the R&D project deliverables and value. The purpose is to identify the objectives for launching the efficiency monitoring mechanism for enhancing the R&D project effective and efficiency to commercialize and adopt to the industry. An integrated quantitative and qualitative study consists of both qualitative and quantitative research efforts. The research framework and methodology diagram is shown in Figure 1.
The research methodologies for this study are based on quantitative and qualitative analysis from both sides of R&D technologist and industry perspective. This research conceptual framework and methodology is focusing on 5 stages from Define, development, analysis, solution and implementation.