Innovation portfolio management for the public non-profit research and development sector: What can we learn from the private sector?

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cg.authorship.typesCGIAR and developing country instituteen
cg.authorship.typesCGIAR and advanced research instituteen
cg.contributor.affiliationCGIAR System Organizationen
cg.contributor.affiliationWageningen Universityen
cg.contributor.affiliationKwara State Universityen
cg.contributor.affiliationOECD Innovation for Development Facilityen
cg.contributor.affiliationIndependent Consultanten
cg.contributor.affiliationInternational Livestock Research Instituteen
cg.contributor.affiliationCornell Universityen
cg.contributor.crpRoots, Tubers and Bananas
cg.contributor.donorCGIAR Trust Funden
cg.contributor.initiativeDiversification in East and Southern Africa
cg.creator.identifierMarc Schut: 0000-0002-3361-4581en
cg.creator.identifierIddo Dror: 0000-0002-0800-7456en
cg.creator.identifierChristopher Barrett: 0000-0001-9139-2721en
cg.creator.identifiercees leeuwis: 0000-0003-1146-9413en
cg.howPublishedFormally Publisheden
cg.identifier.doihttps://doi.org/10.1080/2157930x.2024.2400779en
cg.isijournalISI Journalen
cg.issn2157-9318en
cg.journalInnovation and Developmenten
cg.reviewStatusPeer Reviewen
cg.subject.actionAreaResilient Agrifood Systems
cg.subject.ilriRESEARCHen
cg.subject.impactAreaClimate adaptation and mitigation
dc.contributor.authorSchut, Marcen
dc.contributor.authorAddom, Benjamin K.en
dc.contributor.authorProud, E.en
dc.contributor.authorDror, Iddoen
dc.contributor.authorBarrett, Christopher B.en
dc.contributor.authorMenzies, D.en
dc.contributor.authorColomer, Julienen
dc.contributor.authorLeeuwis, C.en
dc.date.accessioned2024-11-08T12:28:10Zen
dc.date.available2024-11-08T12:28:10Zen
dc.identifier.urihttps://hdl.handle.net/10568/159423
dc.titleInnovation portfolio management for the public non-profit research and development sector: What can we learn from the private sector?en
dcterms.abstractInnovation Portfolio Management refers to the systems, processes andmechanisms to intentionally manage innovation investments anddecisions within an organization against its mission or strategy. Thisapproach to managing and optimizing innovation and scalinginvestments is rarely used by public non-profit R&D organizations.This study draws lessons from innovation portfolio management inprivate sector organizations. Private sector invests in innovationportfolio management to: (i) enhance transparent and evidence-based decision-making, (ii) strengthen organizational agility andmission-orientedness, (iii) facilitate monitoring, risk management andprioritization and (iv) improve overall organizational performanceand learning. These innovation portfolio management benefits areequally relevant for the public non-profit R&D sector, whereinnovation performance and outcomes are for societal impact. Publicnon-profit R&D can and should manage their innovation portfoliosmore intentionally, and can learn from private sector successes andchallenges. Embracing the opportunities, whilst managing thechallenges and risks requires investment in methods, mechanismsand mindsets for effective innovation portfolio management.en
dcterms.accessRightsOpen Access
dcterms.audienceScientistsen
dcterms.available2024-09-17en
dcterms.bibliographicCitationSchut, M., Adeyemi, I., Kumpf, B., Proud, E., Dror, I., Barrett, C.B., Menzies, D., Colomer, J. and Leeuwis, C. 2024. Innovation portfolio management for the public non-profit research and development sector: What can we learn from the private sector? Innovation and Development 2024.en
dcterms.extentpp. 1-19en
dcterms.issued2024en
dcterms.languageen
dcterms.licenseCC-BY-4.0
dcterms.publisherInforma UK Limiteden
dcterms.subjectinnovation systemsen
dcterms.subjectdevelopmenten
dcterms.subjectresearchen
dcterms.subjectprivate sectoren
dcterms.typeJournal Article

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