• Title/Summary/Keyword: R&D efficiency

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Open Innovation R&D Efficiency Evaluation by Integrated AHP-DEA (개방형 혁신에 의한 R&D 연구의 효율성 평가 분석 : 과학기술적 성과 관점에서 AHP-DEA방법론 적용)

  • Min, Hyun-Ku;Kim, Tai-Young;Hwang, Seung-June
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.4
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    • pp.149-161
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    • 2012
  • The current environment of technological and competitive changes influences not only the business R&D environment but also government driven national R&D strategies. Open innovation has now become an important paradigm that is replacing the outdated paradigm of closed innovation. Many companies and nations have been increasing R&D investment because R&D has been considered a driving force for national and corporate competitive advantage. The purpose of this paper is to evaluate and compare the performance of R&D focused on open innovation according to scientific and technological outputs which is based on paper publications, patents and etc. Comparisons should not be only based on the quantity but also on the quality of the output. This paper shows that it is possible to develop DEA models that utilize the Analytical Hierarchical Process in order to transform the qualitative index into a quantitative index. Hence, the relative efficiency for R&D organizations is obtained based on both quantity and quality outputs and subsequently provides comprehensive and realistic methods for decision makers to identify levels of project efficiency.

The Long-Term Effect of Energy R&D Investment Based on Causal Loop Diagramming Analysis (국가 에너지 R&D의 중장기 효과평가를 위한 인과지도 분석)

  • Oh, Youngmin
    • Korean System Dynamics Review
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    • v.14 no.4
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    • pp.91-112
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    • 2013
  • This article aims at revealing the dynamic relationships between the energy R&D investment and economic growth in Korea. To achieve this goal, we reviewed the effects of energy R&D investments and tried to make the holistic interconnections for describing the feedback loops between energy R&D and economic system. Energy R&D investments develop the renewable energy, energy efficiency and $CO_2$ emission reductions technologies for accomplishing the national strategic targets. The rapid obsolescence of technologies makes the inefficiency and negative effects in governmental energy R&D investments.

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An Investigation on the Efficiency of Research Collaborations: Data Envelopment Analysis and Stochastic Frontier Analysis on Bio-technology R&D Projects

  • Og, Joo-Young;Hwang, Jung-Tae
    • Asia-Pacific Journal of Business
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    • v.10 no.2
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    • pp.1-12
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    • 2019
  • Collaborative research and development (R&D) has been encouraged based on the belief that knowledge spill-over is mutually beneficial for partners. Although the benefits are supported by science and technology policy research, the risk of R&D collaboration has not been extensively discussed. Two independent studies suggest that there are risks associated with the overuse of collaborative research frameworks. Two sets of R&D collaboration data were analyzed: between the national bio-technology research program and 1) Data Envelop Analysis (DEA), and 2) between Stochastic Frontier Analysis (SFA). In the case of SFA, output measures were integrated into a single output, with weights extracted from research programme managers' responses to the questionnaire. While the DEA result demonstrated the inefficiency of collaborative research, SFA did not. Unlike previous research highlighting risks associated with disclosing proprietary R&D and potential conflict of interest, our study indicates that the transaction's social cost affects collaborative research efficiency. Therefore, governments promoting R&D collaborations should be carefully managed, and policy makers must reconsider the strict conditions governing compulsory collaborative R&D programs.

Analysis of Renewable Energy R&D Efficiency (신재생에너지 원별 연구개발 효율성 분석)

  • Cho, Inkyung;Kim, Kyunghee
    • Journal of Energy Engineering
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    • v.24 no.4
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    • pp.97-104
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    • 2015
  • The performance in scientific contribution of renewable energy R&D has been overlooked, as it is shown in terms of industrial aspect. This paper analyzed the R&D efficiency of scientific aspects of each renewable energy resource in 2008-2012. Total R&D fund and the number of supported projects are selected as input variables, and the number of patents and papers as output variables to analyze the direct efficiency using DEA method. Through the analysis, it determines the efficiency of each energy resource R&D, and investigated the causes of inefficiency. This study has meaning to include entire renewable energy sources for the analysis, and is expected to serve as an important reference in policy making.

Analyzing the Efficiency of Defense Basic Research Projects using DEA (자료포락분석(DEA)을 활용한 국방 기초연구개발 사업의 효율성 분석)

  • Lim, Yong-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.7
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    • pp.517-524
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    • 2020
  • In line with the recent wave of the 4th Industrial Revolution, the environment for defense R&D is transforming into a center of high-tech military technology. In particular, developed countries are strengthening control of technology exports and technology transfer to protect advanced defense science and technology. For this reason, the budget demand for securing the ability to develop independently high-tech weapons and core technologies suitable for the future battlefield environment is increasing, and increasing efficiency in R&D investment has been highlighted for efficient distribution of limited budgets. This study examined the efficiency of the defense basic R&D project using the non-parametric approach, DEA. The R&D budget, R&D researcher, and R&D period were selected as the input variables, and the number of papers and patents were used as output variables. The efficiency of basic R&D projects was analyzed through CCR, BCC models, and SE. Lastly, based on the efficiency measurements, the cause of the inefficiency of R&D projects was suggested, and ways to improve efficiency were suggested. This study is expected to be used as useful information that can be applied to project performance management through efficiency analysis of basic defense R&D projects and be reflected in the project planning stage through feedback.

An Energy Technology R&D Investment Analysis of OECD Countries and Korea (한국과 OECD 국가의 에너지기술 R&D 투자규모 비교)

  • Min, Yun-Ji
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.363-384
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    • 2014
  • The adequate measurement of government expenditure efficiency for Energy Technology Development is a difficult empirical issue and the literature on it, particularly when it comes to aggregate and international data. Contribution in this study is threefold: first this study analyze the adequate measurement of government expenditure efficiency on Energy Technology sector of 24 OECD countries and korea. Second this study reconstruct efficiency composite indicators, named "Energy Technology Development Interest level indicator". Third this study assesses the efficiency of government expenditure for Energy Technology Development. The results can be summarized as follow: Korea's government expenditure efficiency for Energy Technology Development is highly ranked among 25 OECD countries based on Energy Technology Development R&D Budgets and Energy Technology Development R&D Budgets per thousand units of GDP indicators. However, Korea's ranking has fallen to 20th. The assessment suggests that government will be have to provide more government expenditure to enhance the efficiency on Energy.

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Adverse Selection in the Government R&D Support for Venture Business : Evidence from the Managerial Efficiency Comparison of the Recipient and Non-recipient of R&D Grants (정부의 벤처기업 R&D 지원에서의 역선택 가능성에 관한 연구 : 정부 R&D 수혜기업과 비수혜기업 간 경영효율성 비교를 중심으로)

  • Kim, Geun-hee;Kwak, Kiho
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1366-1385
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    • 2018
  • Recently, government policy focuses on R&D subsidies for venture firms in the early and medium stage. However, due to the 'asymmetric information' on those firms, a concern about the possibility of adverse selection of government policy, that is, whether the R&D subsidies are offered to the less-growth potential venture firms is on the rise. Therefore, based on the "2015 venture firm's survey" data in Korea, we compared the managerial efficiency of venture firms in manufacturing sectors by dividing them into beneficiary and non-beneficiary groups at government R&D subsidies. We found that the beneficiary groups showed lower managerial efficiency than non-beneficiary groups, even if they are superior to non-beneficiary groups in technological performance. We also observed that the phenomenon involve 'low managerial efficiency in the beneficiary groups' is more relevant in mid-high tech. manufacturing sectors. Our findings provide an exploratory empirical evidence of the concern about adverse selection in the selection of R&D subsidies beneficiary groups. Therefore, the government should consider managerial performance as the key criteria for selecting R&D subsidies beneficiary groups, rather than depending on technological performance solely. Furthermore, the government should develop other complementary policies to support financial performance of the groups. Lastly, the government should make those policies attract venture firms with potential to achieve financial performance.

Performance Evaluation of R&D Commercialization : A DEA-Based Three-Stage Model of R&BD Performance (연구개발 사업화 성과 평가 : DEA 기반 3단계 R&BD 성과 모형)

  • Jeon, Ikjin;Lee, Hakyeon
    • Journal of Korean Institute of Industrial Engineers
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    • v.41 no.5
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    • pp.425-438
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    • 2015
  • This study proposes a three-stage model of R&BD performance which captures commercialization outcomes as well as conventional R&D performance. The model is composed of three factors : inputs (R&D budgets and researchers), outputs (patents and papers), and outcomes (technical fees, products sales, and cost savings). Three stages are defined for each transformation process between the three factors : efficiency stage from input to output (stage 1), effectiveness stage from output to outcome (stage 2), and productivity stage from input to outcome (stage 3). The performance of each stage is measured by data envelopment analysis (DEA). DEA is a non-parametric efficiency measurement technique that has widely been used in R&D performance measurement. We measure the performance of 171 projects of 6 public R&BD programs managed by Seoul Business Agency using the proposed three-stage model. In order to provide a balanced and holistic view of R&BD performance, the R&BD performance map is also constructed based on performance of efficiency and productivity stages.

Analysis of Relative Efficiency of Government Funded Research Institutes Using DEA Model (DEA 모형을 이용한 정부출연연구기관의 상대적 효율성 분석)

  • Nam, In-Suk;Song, Yun-Young;Jeong, Byung-Ho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.1
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    • pp.1-10
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    • 2008
  • The enormous budget of government and manpower are invested to the government funded institutes every year. The R&D investment focused on input has to be turned toward the investment based on the effectiveness of R&D activities. Measuring the efficiency of research activities is required in order to evaluate the effectiveness of R&D investment in these institutes. The purpose of this paper is to evaluate the relative efficiency of research activities performed in 19 government funded research institutes. CCR/BCC model and DEA/AR model were applied to get the relative efficiency of 19 institutes. Assurance regions for the weight of output attributes were obtained by using the underlined concept of the analytic hierarchy process (AHP). We used input and output data items describing research activity of 19 government funded research institutes. The results of this study are expected to become a basis of the R&D investment decision of the government.

The Treatment of Industrial Wastewater by the Fluidized-Bed Biofilm Reactor (미생물막 유동층 반응기를 이용한 산업폐수 처리에 관하여)

  • Suh, Myung-Gyo;Suh, Jung-Ho;Kang, Jun-Soo
    • Korean Journal of Food Science and Technology
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    • v.25 no.1
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    • pp.69-77
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    • 1993
  • Substrate removal efficiency of industrial wastewater from dye plant was investigated with fluidized-bed biofilm reactor(FBBR). Wastewater was diluted by 2, 3 and 6 times for experiment. When F/M ratio was increased 0.2 to 0.3, substrate removal efficiency of wastewater was rapidly decreased in all dilution ratio. Substrate removal efficiency was increased with dilution ratio in same F/M ratio, with hydraulic retention time. In case of 6 times diluted wastewater, below 0.2 F/M ratio, removal efficiency of BOD was $90{\sim}97%$. For reactor design, the parameters such as Y, $k_d$ and r was obtained as follows: $Y=0.3365\;k_d=0.03782\;day^{-1}\;r=0.997$ in 2 times diluted $Y=0.3341\;k_d=0.02750\;day^{-1}\;r=0.996$ in 3 times diluted $Y=0.3365\;k_d=0.03434\;day^{-1}\;r=0.998$ in 6 times diluted

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