Practical Applications of Target Costing in a Multidisciplinary R&D Project

R&D requires expertise in the basic sciences, technical and technological knowledge, legal regulations business, it seems necessary to enhance collaboration between researchers businesses, especially small medium-sized enterprises. In this paper, we present a case study of university company implementation projects. The primary research methods used comprised literature analysis, participant observation, direct deductive reasoning, authors’ experience with prototype interview design, including telephone interviews (quantitative survey) market experts and/or individuals responsible for specific processes diagnostic testing laboratories. calculations presented studied projects showed large disproportion costs incurred production prototypes selling price accepted by market. However, does not preclude profitability. Further analysis processes, materials, components, etc. should be carried out order point optimization measures consequently achieve target profitability product. Conducting works take into account task commercialization. use concept costing facilitates initial assessment project recommended when conducting R&D, at higher stages readiness Projects involving level only people representing life technology, medicine, etc., but also specialists social sciences (e.g., accountants marketing specialists).