Innovation

Innovation

Management of R&D

The majority of Abengoa’s investment in R&D+i relates to applied research and the development of technological innovation, with a focus on fulfilling the company’s strategic objectives.

In the last few years Abengoa has strengthened its initiatives aimed at creating an environment in which research, development and innovation progress in a way that is perfectly coordinated with the company’s strategy.

Abengoa’s strategy therefore determines the R&D programs to be carried out, while these programs define the specific R&D+i projects to be undertaken. The company uses the “Stage-Gate” methodology for monitoring and control ensuring that human and financial investment increases as the associated risks decrease from one phase to another during the development process.

We also have a common tool for evaluating investment in R&D that is both quantitative and qualitative and which is fundamental for taking innovation-related decisions.



© 2011 Abengoa. All rights reserved