Study On Model Improvement Of F Corporation Based On R&D Project Selection

With the development of economic globalization, enterprises can establish an invulnerable position only by overall competitive advantages in front of domestic or international competition. For the high-tech enterprises, researching and developing new products is the basis to get better advantages, Therefore, The right selection of R & D project is the precondition.Selection of R&D project is a vital and complicated part of enterprises R&D activities. It has become the first priority of domestic foreign investment due to its non-reversibility, high investment, high risk and high return. To select the R&D project reasonably is the essence of success of enterprise that can cause great impact to project investment and return, as well as the production and marketing. But, Selection of R&D project should based on internal or external situation, enterprise resources, technology ability, administration ability and overall strategies. A complete and scientific selection method of R&D project is very important to make reasonable project selection.Company F is established as a high-tech enterprise recently. Most of R&D project selections and assessments are made by traditional methods or decided by personal judgments. Therefore, many issues are caused by this selection method that company had got into trouble. Hence, a key point of this paper is that how to improve the original R&D project selection model under current complicated situation.This paper briefly described assessment methods of R&D project selection and made comparison and analysis of general selection methods, as well as raised out the suggestion and solution of R&D project selection for company F based on its current situation to improve the effectiveness of project selection to reduce the risk of investment.