HP's Innovation in experimenting area

I read an article about HP's innovation in experimenting area. Generally, many corporations are progressing many research projects by inputing a lot of money. But most of the research projects don't have enough consequences. HP's new director of research labs, Prith Banerjee, considered these blind spots and cutted the scale of research projects. Originally, there are $150 million budget and 150 research projects, and he cutted the scale to 20 and maintain the budget. According to his interview, he considered the effectiveness of research projects. Sometimes the scientists don't consider the consiquence and just use the money in their research. Also, they didn't approve the interference of management.
The new director now engaged both research team and management. Through these changes, he expect that the techniques of HP will inprove rapidly. But perhaps he has to overcome many obstacles. At first, scientists don't like any inference in their experiments and often react negatively. Also, headquaters don't know much about research project. Secondly, cutting of research projects may result in the absence of core technology in the future. Although many of research projects spend huge money and the effectiveness is too low, there can be many possibilities. But I agree on the viewpoints of HP's new director.
In Korea, companies have high technologies. And some companies like Samsung or LG lead the global market.
But there are many sunk costs in research programs. Korean companies traditionally think little of engineering students. So, students hesitate to go engineering colleges and it can be great risks to korean technology. For example, Samsung considers engineering students as bluecollars and pay very little money to them. There are no countries in the world that despise these engineering students. I think it makes great distance between scientists and management in Korea. Most of managers don't have engineering skills at all and they just supervise performance of labs. Tf we want to be a advanced country, we have to throw away these concepts. And management should have special skills in engineering. I think it can be solved by enducating students both engineering and management. It's time to change our stereotypes and advance our viewpoints to the world.

Author: Aaron Ricadela
Title: HP Labs' Latest Experiment: Itself
Date: April 17, 2008, 5:00PM EST
Page: 1

reference:
http://www.businessweek.com/magazine/content/08_17/b4081072888929.htm?chan=innovation_innovation+%2B+design_innovation+strategy
entry #10 20700067