1 General Framework and Concepts -- 1 Introduction -- 2 The Development Phases of Industry -- 3 World Economics and Corporate Growth -- 4 General Strategy, Relevant Knowledge, and Corporate Structure -- 5 The Production Function of R&D -- 6 Innovation and Key Components -- 7 Creativity and Accountability -- 8 Role and Organization of R&D -- 9 Management of Knowledge and Integration of Concepts -- 10 Communication and Change -- 11 Conclusions and Recommendations -- References -- 2A Research in the Company of the Future -- 1Some Difficult Questions -- 2Characteristics of Research -- 3Reasons for Research -- 4Research as a Source of Future Potentials -- 5Research Potentials and Project Funding Decisions -- 6On Property Rights and Project Potentials -- 7Relative Share of Research in Relation to its Potentials -- 8Conclusions and Recommendations -- References -- 2B Empirical Results on Research Elasticities and on the Integration of Industrial Research with the Scientific in Europe and Japan -- 1Research Elasticities -- 2Integration of Industrial Research with the Scientific Environment -- 3Conclusions and Recommendations -- References -- 3 The System Company -- 1Definition of a System Company -- 2Technology Management within a System Company -- 3System Integration -- 4Some Examples of System Companies -- 5Decisions within SC Management -- 6The Changing Boundaries of a System Company -- 7Conclusions and Recommendations -- References -- 4 Technology Management in the 'Company of the Future' -- 1 Introduction -- 2 Mission of the Company of the Future in the 21st Century -- 3 Key Management Indices and their Optimum Balance -- 4 Resource Allocation for R&D Activities -- 5 Strategies for Technology Management (1): Phase Management of a Product Life Cycle -- 6 Strategies for Technology Management (2): Determination of Project Priorities -- 7 Management of a Global Company -- 8 Conclusions and Recommendations -- References -- 5 Global Strategies and the Role of Research -- 1 Global Strategies -- 2 Capitalisation of Intellectual Property, Research, and Development -- 3 The Example of Sumitomo Electric Industries Ltd -- 4 Conclusions and Recommendations -- Reference -- 6 Accountability of Technology -- 1 The Need for New Accounting Systems -- 2 Current Accounting Practices for R&D -- 3 A New Approach to Technology-Oriented Accounting: The Flexible Innovation Accounting System (FIAS) -- 4 Other New Approaches to Technology-Oriented Accounting -- 5 Conclusions and Recommendations -- References -- List of Recommended Tools for the Company of the Future -- Some Abbreviations and Acronyms -- Authors -- Authors' Addresses.