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R&D Cost per New Product

Purpose -

Tracks cost efficiency in R&D efforts per product.

Operational Definition -

Total R&D Expenses / Number of New Products Developed

Type of Metrics -

KPI

Function -

Finance

Associate Function -

Finance

Desired Trend -

Lower the better

Recommended Frequency - 

Annually

External References -

https://opsdog.com/categories/kpis-and-metrics/product-development

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