Application of BP Multilayer Perceptron to R&D Project Termination Decisions

The paper discusses the considerable importance to evaluate and terminate an ongoing R&D project. Furthermore, the feasibility of neural network to estimate and terminate an ongoing R&D project is explored. On the basis of the theory and methodology of neural network, this study attempts to develop a BP neural network to make termination decisions for an ongoing R&D project in an effective manner. Finally, the validity of the proposed method is verified by an empirical study. The result shows that the method is both simple and practical.