Role of Capital Expenditure in the Economic Evaluation of National R&D Investment Project for Cooperative Research of University-industry-research Institute: Cases of Woodchip Power Plant Construction

국가 R&D 산학연협동연구 투자계획안의 경제성 평가에서 자본적 지출의 역할: 목재칩을 이용한 발전소 건설의 경우를 중심으로

  • YEO, Heejung (College of Social Science, Keimyung University)
  • Received : 2015.09.24
  • Accepted : 2015.12.30
  • Published : 2015.12.30

Abstract

The aim of this study is to provide evidence of how a change in the process of calculating the economic valuation of a project can affect the decision regarding national R&D investment. The paper examines a R&D project of cooperative research program of university-industry-research institute for the construction of a woodchip power plant to explore the role of capital expenditure in the economic evaluation of an investment project. The paper finds that the simple introduction of capital expenditure in the profitability analysis affects the perspectives on the construction plan. The results of this study indicate that standardization of the calculation process that takes different characteristics of industries into account is needed in the preliminary feasibility study of national R&D projects.

본 연구는 투자계획의 경제성분석 계산과정의 변화가 어떻게 R&D 투자결정에 영향을 미치는지를 분석하고자 한다. 이를 위해 본 논문에서는 목재칩 발전소 건설의 국가 R&D 산학연협동연구의 투자 계획안 경제성 평가를 위해 자본적 지출의 역할을 탐색한다. 연구 결과 자본적 지출항목을 수익성분석에 포함시키는 것만으로도 건설계획의 투자전망에 영향을 미치는 것으로 나타났다. 본 연구결과는 국가 R&D 과제의 예비타당성 평가에 여러 산업의 특성을 고려한 계산의 표준화가 필요하다는 것을 시사한다.

Keywords

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