Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)
- Volume 20 Issue 41
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- Pages.33-40
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- 1997
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- 2005-0461(pISSN)
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- 2287-7975(eISSN)
A Study on the Productivity Analysis Model by R&D Investment
R&D 투자에 의한 생산성 분석 모형에 관한 연구
Abstract
The main objective of this study is to analysis the relationship between productivity measurement model which describe and explain R&D(Research & Development) productivity based on production function of Cobb-Douglas and the structure of the R&D investment. The model focuses on the variables related to R&D investment in order to measure the efficiency of R&D largely. So, the proposed model describe the relationship between output(or / input) and factors of production such as capital cost, labor cost and R&D expense, etc. These factors are associated with a signigicant positive correlation between productivity and R&D investment.
Keywords