• Title/Summary/Keyword: R&D assessment

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Methodological Improvement for the Economic Assessment of Public R&D Programs

  • Hwang, Seogwon
    • STI Policy Review
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    • v.2 no.3
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    • pp.35-44
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    • 2011
  • Korea has rapidly increased R&D investment over the last few decades and the intensity of R&D investment is among the highest in the world; however, there are serious concerns about R&D performance and R&D efficiency. This study is to improve the economic assessment methodology regarding a feasibility study for national R&D programs that are thought to be one of the most prominent ways to enhance R&D efficiency. In order to improve the methodology of economic assessment, a few of important factors such as technical or market uncertainty, spillover effect, and R&D contribution ratio should be covered in the model. The focus of this article is technological and market uncertainty that has a close relation with strategic flexibility and utilization potential to increase the value of R&D programs. To improve the current linear and definitive R&D process, a new framework with strategic flexibility is suggested, in which the result of economic assessment that considers technological and market uncertainty is reflected in planning. That kind of feedback process is expected to enhance the value of the program/project as well as R&D efficiency.

Economic Valuation of R&D Programs with Strategic Flexibility (전략적 유연성을 고려한 연구개발사업의 경제성 평가: 이론 및 사례 분석)

  • Hwang, Seok-Won;Jeong, Jong-Uk
    • Journal of Technology Innovation
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    • v.14 no.3
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    • pp.237-261
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    • 2006
  • Under circumstances with increasing uncertainty, strategic flexibility has become an essential point on which my R&D management system should be based. Unfortunately the present R&D management system for government sponsored R&D programs cannot be said to be so flexible to adapt appropriately to various threatens such as technological failure, a severe change in competition environment, and so on. In this paper a new scheme for R&D planning and economic assessment with strategic flexibility is suggested and applied to a real R&D program. In the newly suggested R&D management system, economic valuation based on real option theory is performed for various alternative scenarios which have different strategic scheme for R&D process each and the result of the assessment is fed back to R&D planning to choose more superior strategic scheme. Introducing strategic flexibility into R&D planning and economic assessment, the value of R&D project could be remarkably enhanced.

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Building Transparency on the Total System Performance Assessment of Radioactive Repository through the Development of the Cyber R&D Platform; Application for Development of Scenario and Input of TSPA Data through QA Procedures (Cyber R&D Platform개발을 통한 방사성폐기물 처분종합성능평가(TSPA) 투명성 증진에 관한 연구; 시나리오 도출 과정과 TSPA 데이터 입력에서의 품질보증 적용 사례)

  • Seo, Eun-Jin;Hwang, Yong-Soo;Kang, Chul-Hyung
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.4 no.1
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    • pp.65-75
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    • 2006
  • Transparency on the Total System Performance Assessment (TSPA) is the key issue to enhance the public acceptance for a radioactive repository. To approve it, all performances on TSPA through Quality Assurance is necessary. The integrated Cyber R&D Platform is developed by KAERI using the T2R3 principles applicable for five major steps : planning, research work, documentation, and internal & external audits in R&D's. The proposed system is implemented in the web-based system so that all participants in TSPA are able to access the system. It is composed of three sub-systems; FEAS (FEp to Assessment through Scenario development) showing systematic approach from the FEPs to Assessment methods flow chart, PAID (Performance Assessment Input Databases) being designed to easily search and review field data for TSPA and QA system containing the administrative system for QA on five key steps in R&D's in addition to approval and disapproval processes, corrective actions, and permanent record keeping. All information being recorded in QA system through T2R3 principles is integrated into Cyber R&D Platform so that every data in the system can be checked whenever necessary. Throughout the next phase R&D, Cyber R&D Platform will be connected with the assessment tool for TSPA so that it will be expected to search the whole information in one unified system.

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Technological Assesment on Public R&D Activities (정보통신 공공 R&D 기술성 평가)

  • 여인갑
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2002.11a
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    • pp.433-439
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    • 2002
  • In this paper, we implemented technology assessment on the public R&D activities in IT field in order to select the promising technologies, so called "star technology," making for national industry development. Technology assessment frame in this study included qualitative factors. IT technologies are classified five sector - network, wireless/broadcasting, SW/application/computer/terminal equipment, semiconductor/component. Expert opinion interviews on each field are carried out. Assessment factors consist of technology usefulness and technology competitiveness. In the final analysis, 23 technology items selected as a promising technologies and the results can be used public R&D planning and If industry policy.

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Derivation of information for R&D management with technology relation analysis (기술연관분석을 이용한 연구개발 의사결정 정보 도출 - 한국가스공사 연구개발사업 적용을 중심으로 -)

  • 오경준
    • Journal of Korea Technology Innovation Society
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    • v.3 no.3
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    • pp.67-84
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    • 2000
  • This paper expanded the usefulness of technology relation analysis by applying to R&D activities of Korea Gas Corporation (Kogas) at the corporate level. Technology relation analysis has been applied to assessment of R&D investments in telecommunication and construction industries in Korea. As empirical findings, technology map and technology spillover matrix of Kogas have been derived by technology similarity analysis. It has bee found that various useful information for R&D assessment could be acquired from the technology relation analysis at the corporate level.

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A customized framework for assessing R&D process: Product, service and technology (신제품, 신서비스, 신기술 개발을 위한 맞춤화된 R&D 프로세스 평가 방법론)

  • Jo, Yeongran;Lee, Sungjoo;Yoon, Jea Wook
    • Journal of Technology Innovation
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    • v.20 no.2
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    • pp.109-134
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    • 2012
  • In this era of globalization and fierce competition, R&D is an essential part of corporate development strategy. Accordingly, much effort has been devoted to identify and verify best practices for successful R&D and to improve R&D processes. Nevertheless, there is still lack of a comprehensive framework for assessing the quality of R&D process, which can be used as a step-by-step guide for process improvement. Therefore, this study purposes to develop a framework for assessing R&D process based on the concept of CMMI, which is a process improvement approach that defines the essential elements of effective processes. In particular, we suggest three types of R&D process-new product development, new service creation and new technology creation-and then develop a customized framework for them. For this purpose, we firstly investigated the characteristics of R&D activities for each type of process and identify its base practices from an extensive literature review. Then, the CMMI approach was adopted and modified to suit the R&D process. Finally, an illustrative example was provided to demonstrate the assessment process and a prototype web-based assessment system was suggested. Research findings will help understand the characteristics of different types of R&D process and provide a customized guidelines for R&D process assessment and improvement.

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Survey and analysis of risk assessment factors for development of KASS Control support function (자율운항선박 관제 지원 기능개발을 위한 위험도평가 요소 도출 설문조사 및 분석)

  • Nam-soo Kim;Chang-dong Lee;Yeo-jin Seo
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2022.06a
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    • pp.169-170
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    • 2022
  • In this study, in order to select the element items for risk assessment for autonomous ships, a survey was conducted on the maritime traffic control workers and the risk assessment element items were analyzed. The top five element items for risk assessment were identified, and the detailed value of risk elements according to the size of the vessel could be confirmed.

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Technological Assesment on Public R&D Activities (정보통신 공공 R&D 기술성 평가)

  • 여인갑
    • Proceedings of the Korea Society of Information Technology Applications Conference
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    • 2002.11a
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    • pp.433-439
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    • 2002
  • In this paper, we implemented technology assessment on the public R'||'&'||'amp;D activities in If field in order to select the promising technologies, so called 'star technology,' making for national industry development. Technology assessment frame in this study included qualitative factors. If technologies are classified five sector - network, wireless/broadcasting, SW/application, computer/terminal equipment,somiconductorjcomponent. Expert opinion interviews on each field are carried out. Assessment factors consist of technology usefulness and technology competitiveness. In the final analysis, 23 technology items selected as a promising technologies and the results can be used public R'||'&'||'amp;D planning and IT industry policy

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A Study on Empirical Analysis and a Plan to Improve the Policy for Performance Assesment of National R&D Projects (국가연구개발사업 성과평가 정책 실증분석 및 발전방안 연구)

  • Kim, Yun Myung;You, Hwa Sun
    • Journal of Korea Technology Innovation Society
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    • v.19 no.1
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    • pp.191-229
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    • 2016
  • As Korean national R&D projects have steadily grown in size, the needs of enhancing the efficiency and effectiveness of the national R&D budge spending has been also discussed. Therefore, many efforts have been made to establish performance assessment system to improve the efficiency and effectiveness of the national R&D project. One example of such efforts is the stipulation of connecting the results of performance evaluation ranking of the national R&D projects with the budge allocation of for the coming fiscal year. Unlike the stipulated article in the law/regulation that 'more budge shall be allocated to a project rated over excellent grade and vice versa', however, precedent studies have been casting mixed opinions over to the effectiveness of the connection between assessment results and budge allocation. In this respect, the present study attempted to empirically examine if the laws and institutions related to the results of performance evaluation ranking of the national R&D projects with the budge allocation work properly, using panel regression analysis and quantitative data. In addition, this study investigated into the deterrent factors to the connectivity between the performance results of the national R&D projects and budge allocation and sought for a way to improve the system of performance assessment and enhance the reliability of the results by minimizing the hindrance factors.