Review of [The Economic Management of Research and Engineering] by P. C. Sandretto.

by Edward H. Blum

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Review of a recently published book on research and engineering management, aimed at those who are urged to beat the competition to technological breakthroughs but to keep the budget down. As a practical guide to profit-motivated technical activity, this book has few peers. It addresses five major questions: (1) Where have your technical dollars been going? (2) How much should you be spending? (3) How can you direct spending for the best results? (4) How may your technical operations be judged? (5) What actions can be taken to improve your technical operations? Sandretto's answers are clear, concrete and, despite their brevity, often contain detailed checklists and suggested forms. Some sections repeat standard management and control techniques that have been treated better elsewhere, but most contain experiential insights and methods that have not previously been assembled in one book. 3 pp.

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