• Title/Summary/Keyword: R&D Strategy

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The Relationship between Innovation Capability of R&D and the Firm's Performance : Comparing Regional Strategy Industry with Non-Regional Strategy Industry in Daegu (R&D 혁신역량과 기업성과 간의 관계: 대구지역 전략산업과 비전략산업 간 비교분석)

  • Shin, Jin-Kyo;Jo, Jeong-Il
    • Management & Information Systems Review
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    • v.30 no.2
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    • pp.211-235
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    • 2011
  • We examined the relationship between innovation capability of R&D and the firm's performance by mainly comparing regional strategy industry with non-regional strategy industry. Also, this analysis involved comparing the relationship by regional strategy industry. For the purpose of this study, we divided innovation capability of R&D into input, process and output. The first of main results in this study was that regional strategic industry was significantly higher than non-regional strategy industry in innovation capability of R&D with the exception of the CEO's mind for technological innovations. However, we found no significant difference in the firm's performance. Second, in the results of comparing innovation capability of R&D and the firm's performance by regional strategy industry, electronic-information equipment industry was significantly superior to other industries. Third, it was found that the relationship between innovation capability of R&D and the firm's performance was different by regional strategy industry. Also, R&D manpower and R&D process were more significant factors affecting the firm's performance rather than R&D input and output.

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A Study on the Scope of Government R&D Planning : Focused on the Energy and Resources Production Technology (R&D기획의 범위에 대한 고찰 : 에너지·자원 생산기반기술을 중심으로)

  • Park, Jungkyu
    • Economic and Environmental Geology
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    • v.45 no.5
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    • pp.579-587
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    • 2012
  • The purpose of this study is to emphasize the necessity of extention of a government R&D planning scope. Presently, government R&D planning is focused on the selecting a R&D project. There is no R&D strategy for R&D conducting such as the composition of R&D team, collaboration and knowledge flow. Ordinarily these strategies are established by research director. This study analyzed the determinants of excellent R&D performance and proposed R&D strategy for R&D conducting using the patent bibliograpy information in energy resources production technology field. On the other hand, this study introduced the concept of technology lifecycle and showed that R&D strategy should be differentiated by technology lifecycle.

A Study on the Effects of Forms of R&D Strategy on Corporate Financial Performance (R&D 전략의 형태가 기업 재무성과에 미치는 영향에 관한 연구)

  • Mun, Hee-Jin;Lee, Joo-Sung
    • Journal of the Korean Operations Research and Management Science Society
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    • v.35 no.1
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    • pp.67-81
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    • 2010
  • In Schumpeterian competition, superior profit arises from successful innovation created by firm's R&D strategy. Such R&D strategy diverges as time passes. This study examines empirically the effects of diverged forms of R&D strategy such as technological assets, technological diversity, and technological similarity on firm performance in Korean pharmaceutical industry. With the financial and patent data of 96 firms for 14 years from 1994 to 2007, we measured variables. And then we performed panel analysis with 3 years lag between dependent variable and other variables. The result shows that firm performance increases as technological asset and technological diversification increase. But technological similarity positively affects on firm performance in opposition to our hypothesis. We interpret and discuss these results and highlight the theoretical and practical implications of our findings.

Fundamental Study for Establishing the Research and Development Encouragement Strategy in Construction Area (건설분야 R&D 활성화 전략 수립을 위한 기초연구)

  • Kim, Kyoon-Tai
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.4
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    • pp.123-129
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    • 2008
  • The final objective of this study is to establish the research and development (R&D) encouragement strategy in construction area. For this, this study deals with the survey of current status of Korean construction industry. The result of this study is as follow; First, it is necessary for strengthen the R&D infrastructure to establish R&D cooperation system between industry, university, government and public institute. Second, private sector's should do its role as one of the four performing sectors in R&D network, not just assisting role. We will apply the result for establshing the national strategy as basic data.

A Study on Plans to Enhance R&D Efficiency through Empirical Analysis of National R&D Strategy Focusing on Agricultural Bioresources (국가 기술개발 전략 실증분석을 통한 R&D 효율성 제고방안 연구 : 농생명자원 활용분야 중심으로)

  • Kim, Eun-Jeong;Jun, Eun-Jin
    • Journal of Korea Technology Innovation Society
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    • v.15 no.2
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    • pp.277-298
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    • 2012
  • Once a production focused on primary industry, Food, agriculture, forestry and fisheries industry is now trying to shed away and plans to totally transform the paradigm of agricultural R&D with a leaping goal towards being a new growth engine. Promoting the bioindustry through utilizing agricultural bioresources was selected as the primary task and also made all efforts to support by all government department and ministry. In this study, we are raised problems and planned the improvements by the empirical analysis of national R&D policy, investment strategy, the recent progress of R&D program, and the performance of R&D investment to achieve early commercialization in fields of agricultural bioresources utilizing. We also propose the R&D role sharing and cooperations of public/private sector to commercialize the agricultural bioresources from the comprehensive empirical analysis results. It will eventually strengthen the national R&D investment strategy and efficiency and then will contribute towards a successful early commercialization performance in bioindustry through utilizing agricultural bioresources.

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R&D Transitions in Response to Digital Transformation in Korea

  • Lim, Jongyeon;Lee, BangRae;Won, Dongkyu
    • Journal of Information Science Theory and Practice
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    • v.10 no.spc
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    • pp.96-111
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    • 2022
  • With the rapid development of the Fourth Industrial Revolution and digital transformation, scientific and technological innovation measures are being devised to overcome Korea's low-growth, high-cost structure. Accordingly, by examining the R&D investment evaluation system of R&D PIE (R&D Platform for Investment and Evaluation), which has been promoted by the Korean government in response to the Fourth Industrial Revolution, from the perspective of R&D transformation, this study aims to explore a new path for a sustainable national science and technology innovation system following digital transformation. In particular, from the perspective of R&D PIE, a MLP (Multi-level Perspective), which had been conducted as an abstract theoretical study, was attempted with specific cases and analysis for each of the three layers: niche, landscape, and regime. In conclusion, R&D PIE was intended to elevate the abstract R&D investment evaluation system to a platform that leads innovation in the digital space of the Fourth Industrial Revolution. In addition, it was confirmed that the R&D PIE could be replaced or enhanced as a platform for innovation in response to the Fourth Industrial Revolution, thereby providing an alternative to job creation and an escape from economic crisis.

A Portfolio Model for National IT R&D Strategy Project Selection Methods

  • Ryu, Dong-Hyun;Lee, Woo-Jin
    • Journal of information and communication convergence engineering
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    • v.9 no.5
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    • pp.491-499
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    • 2011
  • 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 technical level reports (TLR) 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.

An Exploratory Research on Moderate Effect of Customization and R&D Strategy to Relationship between Quality Management Practices and Performances (품질경영 실행방식과 성과에 대한 customization 및 R&D 전략의 조절 효과에 대한 탐색적 연구)

  • Park, Jeong Soo;Chang, Deok Shin;Kim, Youn Sung;Lee, Dongwon
    • Journal of Korean Society for Quality Management
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    • v.41 no.4
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    • pp.611-621
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    • 2013
  • Purpose: The purpose of this study was to investigate if companies' efforts of quality management practices have positive impacts on the companies' performance as the first stage. In the second stage of this study, we tried to confirm if the degree of companies' making efforts on customization strategy and R&D strategy function as moderate variable on relationship between quality management practices and companies' performance. Methods: The collected data through survey were analysed using multiple regression for the first stage of the study and moderate regression for the second one of it. Results: The results of this study are as follows; quality management practices have positive effect on performances. Moreover, much effort on customization strategy has significant moderate effect on relationship between quality management practices and corporate performance. On the other hand, much effort of companies on R&D strategy has significant moderate effect on the relationship between the two as well. Conclusion: Manufacturing and services companies in Korea need to make effort of quality management practices in order to improve corporate performance. Moreover, if that efforts are combined with customization strategy and R&D strategy, they will expect synergy effect on performance improvement.

R&D operating strategy for future food industry (미래지향적 식품산업 R&D 추진전략)

  • Hong, Seok-In
    • Food Science and Industry
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    • v.53 no.3
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    • pp.307-315
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    • 2020
  • The food R&D operating system needs to be changed according to the changes in the food industry as well as the domestic and overseas environments. In this aspect, a future-oriented food R&D operating strategy linked with the governmental policy are proposed to foster the promising food industry. The strategic R&D approaches are summarized on the basis of global mega-trends and food industry trend analysis, and current R&D status and issues are also reviewed to set the R&D operating direction for future food industry. To advance the R&D operating system of the food industry, some practical suggestions are given as follows: strengthening the research planning system for efficient R&D program operation, enhancing the role assignment and collaboration among the R&D organizations, reinforcing the support system tailored to industrial sites and securing the future technology bases as well as resolving present issues, and linking R&D programs with policies and improving the food R&D management system.