Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)

Society of Korea Industrial and System Engineering (한국산업경영시스템학회)
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Analyzing the Influence Factors on Efficiency in Open R&D by Tobit Model

Tobit 모형을 활용한 개방형 R&D 효율성 영향요인 분석

  • Min, Hyun-Ku (School of Business and Economics, Hanyang University ERICA)
  • 민현구 (한양대학교 경상대학 경영학부)
  • Received : 2020.08.24
  • Accepted : 2020.09.02
  • Published : 2020.09.30
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Abstract

In this study, the factors affecting the efficiency of 48 projects of private R&D institutes were analyzed using the Tobit model. Influencing factors were selected as open R&D network size, IT industry, interaction between R&D network size and IT industry, and type of R&D network cooperation. As a result of Tobit analysis, the R&D network size, the IT industry, and the type of R&D network cooperation were found to be significant. The larger the open R&D network size, the lower the efficiency, and the IT industry showed lower R&D efficiency than other industries. In addition, cooperation with universities and research institutes showed lower R&D efficiency than cooperation with companies. As a result of these studies, companies will be able to select and focus on cooperation with the outside in relations and investment allocation.

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References

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