Browse > Article
http://dx.doi.org/10.6109/jkiice.2011.15.3.501

Development of an Strategic Model for the Selection of a National IT R&D Strategic Project  

Ryu, Dong-Hyun (한국전자통신연구원)
Park, Jeong-Yong (대전TP 전략산업평가단)
Lee, Woo-Jin (경북대학교 IT대학)
Abstract
In this paper, we offer a new strategic Portfolio Model for national IT R&D project selection in Korea. A risk and return (R-R) Portfolio Model was developed using an objectively quantified index on the two axes of risk and return, in order to select a strategic project and allocate resources in compliance with a national IT R&D strategy. We strategize using the R-R Portfolio Model to solve the non-strategy and subjectivity problems of the existing national R&D project selection Model. We also use the quantified evaluation index of the IT technology road map (TRM) and the technology level Survey (TLS) for the subjectivity of project selection, and try to discover the weights using the analytic hierarchy process (AHP). In addition, we intend to maximize the chance for a successful national IT R&D project, by selecting a strategic Portfolio project and balancing the allocation of resources effectively and objectively.
Keywords
Strategic project; Project selection; Portfolio model; Strategic Portfolio; R-R Portfolio; AHP;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Satty TL. Analytic hierarchy process. New York: McGraw-Hill;1980.
2 R. G. Cooper, et al., "R&D Portfolio Management Best Practice Study," IRI, Washington D.C., 1997.
3 대외경제정책연구소, "대만기업의 대중국 투자현황과 전략," 지역연구회시리즈 03-02, 2002.
4 Hsu YG, Tzeng GH, Shyu JZ. Fuzzy multiple criteria selection of government-sponsored frontier technology R&D projects. R&D Management 2003;33(5):539-50.   DOI   ScienceOn
5 Chi-Cheng Huang, et al., "A Fuzzy AHP Application in Government-Sponsored R&D Project Selection," Omega 36, 2008, pp.1038-1052.   DOI   ScienceOn
6 R. G. Cooper, S. Edgett. and E. Kleinschmidt, "Best Practices for Managing R&D Portfolios," Research Technology Management, July-Aug. 1998, pp.20-33.
7 안태호 등, "R&D Project Portfolio 선정문제" 경영과학지, 2008.3월, pp.1-10.
8 B. Jackson, "Decision Methods for Selecting a Portfolio of R&D Projects," Research Technology Management, vol. 26, no. 5, 1983, pp.21-26.
9 I. C. MacMillan and R. G. McGrath, "Crafting R&D project Portfolios," Research Technology Management, vol.45, pp. 48, 2002.
10 Schmidt RL, Freeland JR. Recent progress in Modeling R&D project selection process. IEEE Transactions on Engineering Management 1992;39 (2):189-201.   DOI   ScienceOn
11 Henriksen AD, Traynor AJ. A practical R&D project-selection scoring tool. IEEE Transactions on Engineering Management 1999;46(1):72.   DOI   ScienceOn
12 J. Choungsirakulwit, "Portfolio Management of Option-Based Investment in Technology Research and Development," 6th IEEE/ACIS ICIS, 2007.
13 W. R. Bitman, "R&D Portfolio management framework for sustained competitive advantage," presented at 2005 IEEE International Engineering Management Conference, 2005.
14 Baker NR. R&D project selection Models: an assessment. IEEE Transactions on Engineering Management 1974; 21(4):165-71.
15 W. E. Souder, "A System for Using R&D Project Evaluation Methods," Research Technology Management, vol. 21, no. 5, 1978, pp. 29-37.
16 R. G. Cooper, 'Debunking the myths in new product management', Research and Technology, Vol. 37, No. 4, 1994, pp.38-40.
17 R. G. Cooper, 'Developing new products on time, in time', Research Technology Management, Vol. 38, No. 5, 1995, pp.49-58.   DOI
18 연승준, "A Strategic Grid for Implementing Ubiquitous Computing," ETRI Journal, Volume 29, Number 2, April 2007, pp.252-254.   DOI   ScienceOn
19 Liberatore MJ, Titus GJ. The practice management science in R&D project management. Management Science 1983; 29(8):962-75.   DOI   ScienceOn
20 배용호 외, "국가연구개발사업 투자방향 설정을 위한 포트폴리오 분석", STEPI 정책연구. 2007-9, 2007.
21 정보통신부, "2008년도 IT R&D전략," 2008
22 L. P. Santiago and P. Vakili, "Optimal project selection and budget allocation for R&D Portfolios," in Technology Management: A Unifying Discipline for Melting the Boundaries, 2005, pp. 275-281.