The business case for research and development

It is possible to demonstrate the value of R&D (Research and Development) t hrough aligning the development of new technologies with portfolio business needs. Furthermore, it is possible to determine the value of individual ne w technologies in terms of NPV (Net Present Value) and EMV (Expected Moneta ry Value) as well as the Opportunity Cost of delaying development, Finally, it is possible, based upon comparative assessment, to prioritize technolog y development timing based upon the amount of value each adds as well as ho w much it will be applied.