Preparing a Negotiated R&D Portfolio with a Prediction Market

  • Authors:
  • Cedric Gaspoz;Yves Pigneur

  • Affiliations:
  • -;-

  • Venue:
  • HICSS '08 Proceedings of the Proceedings of the 41st Annual Hawaii International Conference on System Sciences
  • Year:
  • 2008

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Abstract

The main objective of this research is to use prediction markets as negotiation agents, for supporting R&D portfolio management. To support this research, we iteratively designed, developed, operated and evaluated several prototypes. We start by presenting the weaknesses of the current techniques for managing R&D portfolio. Then, we intend to demonstrate that prediction markets correct these weaknesses in R&D portfolio management. Furthermore, following a design science paradigm, we illustrate the design of our artifacts using build-and- evaluate loops supported with a field study, which consisted in operating the prediction markets in different settings.