| Abstract |
The industrial excellence plan prioritizes the company's performance evaluation according to quality, cost and delivery time. However, the dynamic of the technological changes requires the need to approach the concept of sustainable performance in defining development strategies. As innovation is stimulated by, but also dependent on research and development activities that a company undertakes, this paper suggests, in the first part, a review of the current models of suppliers' performance evaluation, analyzing the presence of innovation indicators through the monitoring of research and development activities. In the second part of the paper, the authors aimed to highlight the direct relationship between research and development and industrial performance. Using Eviews 4.1, the annual data series from 1996 to 2010 have been analyzed and forecasts have been made until 2025. The literature review results and the comparative analyze with the most performing economies for the same period highlight a direct relationship between research and development expenditures and industrial performance. Based on the results obtained, the authors argue the necessity of a PMS framework, as a starting point in defining the innovation indicators through R&D activities. Thus, the paper proposes a PMS framework for the R&D activities in the and also, some examples of indicators for assessing the innovation degree in the main priority areas from the automotive industry. The new approach is associated to the GPE multi criteria model. The study results and suggestions are useful for both car manufacturers and suppliers, facilitating the improvement of their competitiveness and innovation capacity. In addition, this approach could allow automotive constructors to anticipate and assess long term performances, in correlation with the dynamics of technological changes. The paper highlights the results of a doctoral research regarding business performance assessment of organizations, conducted within the Research Center of Business Administration of The Bucharest Academy of Economic Studies. |