Leverage Strategy to National R&D Investment in Korea: A System Dynamics Approach

국가 연구재발 투자시스템의 레버리지 전략: 시스템 다이내믹스 접근

  • Published : 2004.02.01

Abstract

This study aims to grasp invisible yet dynamic systemic structure that influences the general procedure of national R&D investment system in Korea using "system dynamic methods and to suggest policy lever. Various conflicting situations, 'R&D investment paradoxes' in myopia investment and principal-agent problems etc, arise when the government decides R&D investment area and makes indispensable choice. Difficulty in the decision can be amplified due to misalignments among decision on adequate amount of R&D investment ("strategic loop"), R&D system ("structural loop") and acceptance and realization by R&D laboratories and theirs researcher ("efficacy loop"). Results of modeling and simulation of korea national R&D investment system with consideration of three causal loops show the switching pattern dynamically, in which form of technologies shifts from one to another stage like paradigm shift, when the R&D investment reaches a certain stork. R&D investment increases are directly not liked to R&D productivities because of delays and side effects during transition periods between different stages of technology development. Thus, It is necessary to develope strategies in order to enhance efficiency of technological development process by perceiving the switching pattern.

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