SWOT Analysis: A Theoretical Study of ADRDE DRDO Performance Appraisal

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Nitin Kumar Yadav, Gyan Prakash, Faize Ali Shah

Abstract

Today's commercial success and stability depend heavily on innovation and knowledge creation in research and development (R&D). Companies are shifting toward quality-focused improvements due to tightening client requirements and increased worldwide competition. The performance evaluation of government funded venture research institutions is crucial in boosting the efficiency and cost-effectiveness of public resources. Integrates basic and applied research with the development, testing, and experimental production of crucial national systems and subsystems to satisfy the armed forces’ requirements. Today as per the organization’s mandate, R&D organizations have to engage in strategic planning. This study focuses on performance appraisal of government funded defense establishment ADRDE, Ministry of Defense, Government of India, by SWOT Analysis. The present study offers vital contributions to both theory and practice. To the authors’ knowledge, this review is the first to assess, analyze, and synthesize the SWOT in Research and Development establishment, providing new theoretical perspectives on SWOT analysis.

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How to Cite
Faize Ali Shah, N. K. Y. G. P. (2023). SWOT Analysis: A Theoretical Study of ADRDE DRDO Performance Appraisal. European Economic Letters (EEL), 13(4), 650–662. https://doi.org/10.52783/eel.v13i4.645
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