• Title/Summary/Keyword: national R&D project

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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.

Development of an Strategic Model for the Selection of a National IT R&D Strategic Project (국가 IT R&D 전략과제 선정 모형개발)

  • Ryu, Dong-Hyun;Park, Jeong-Yong;Lee, Woo-Jin
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.15 no.3
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    • pp.501-509
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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 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.

The Effects on the R&D Project Performance according to the Characteristics of Project Management Organizations: The Difference between Public and Private Companies (연구사업관리 주관기관에 따른 기술혁신 R&D 프로젝트 성과 영향분석: 공공과 민간 기업의 차이 비교)

  • Yong-Kyu Lee;So-Hyun Park;Hee Kyung Kim;Taewon Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.2
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    • pp.116-132
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    • 2023
  • Technology innovation companies are focusing on contributing to business performance by R&D project as a strategic tool. Successful R&D leads to corporate competitiveness enhancement, national industrial development, but there are high uncertainty and risks in R&D. Public and private R&D projects are carried out to achieve various purposes. It was verified how the risk management and benefit management of the R&D project affect the detailed R&D project performance between the Public and private domain. The impact of Project Leadership on R&D performance was also analyzed. Those who have participated in the Public and Private R&D projects at companies or research institutes were surveyed. First, it was found that project risk and benefit management have partially an effect on R&D project performance. Second, Public and private R&D Project Leadership showed partially a interaction effect between project management and project performance.

A strategic R&D resource allocation and project selection based on R&D policy and objectives (정책목표와 연계한 전략적 R&D 투자재원배분 및 연구과제 선정방안연구)

  • 서창교;박정우
    • Journal of the Korean Operations Research and Management Science Society
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    • v.16 no.2
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    • pp.61-61
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    • 1991
  • We propose a strategic R&D resource allocation and project selection model based on national R&D policy and objectives. First, contributions to R&D policy and objectives for each R&D area are evaluated by using analytical hierarchy process (AHP). Second, fuzzy Delphi are proposed to estimate R&D budget for each R&D area. Then, a project selection grid is also introduced to implement two-phased evaluation for R&D project selection. We also discuss how to improve the consistency in AHP and how to reduce the pairwise comparison in AHP. The proposed model enables the decision makers to allocate R&D budget, and to evaluate and select the R&D proposals based on both the contribution to national R&D policy and objectives, and the size of each R&D area concurrently

A strategic R&D resource allocation and project selection based on R&D policy and objectives. (정책목표와 연계한 전략적 R&D 투자재원배분 및 연구과제 선정방안연구)

  • 서창교;박정우
    • Korean Management Science Review
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    • v.16 no.2
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    • pp.61-77
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    • 1999
  • We propose a strategic R&D resource allocation and project selection model based on national R&D policy and objectives. First, contributions to R&D policy and objectives for each R&D area are evaluated by using analytical hierarchy process (AHP). Second, fuzzy Delphi are proposed to estimate R&D budget for each R&D area. Then, a project selection grid is also introduced to implement two-phased evaluation for R&D project selection. We also discuss how to improve the consistency in AHP and how to reduce the pairwise comparison in AHP. The proposed model enables the decision makers to allocate R&D budget, and to evaluate and select the R&D proposals based on both the contribution to national R&D policy and objectives, and the size of each R&D area concurrently.

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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
    • Journal of Korea Technology Innovation Society
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    • v.18 no.4
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    • pp.621-640
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    • 2015
  • 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.

IMPLEMENTATION OF TRL TOOLS TO KOREAN NATIONAL CONSTRUCTION AND TRANSPORTATION R&D PROJECTS FOR IMPROVING PRACTICAL USE

  • Namgyun Kim;Byungho An;Jaehong Choi;Hyunseok Lee;Sanghyuk Park;Yeasang Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.608-615
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    • 2013
  • The major countries including Korea extend the national investment on R&D and implement the business performance diffusion policy as the knowledge based competition age arrives recently. The necessity for risk management and systematic management system for R&D achievement have been appeared to prevent the failure as the R&D scale becomes larger as it was said. For this matter, the organization such as NASA and DoD in USA defines the Technology Readiness Level (TRL) as a quantitative accomplishment management index and utilize the Technology Readiness Assessment (TRA) system as a criterion. Such tool is evaluated as very effective in the R&D project purposed the practicalization. It is expected that the disadvantage of evaluation system which is oriented to the academic accomplishment in its contents of current research and to contribute greatly to the practicalization of outcomes when such technology readiness level concept is applied to Korean national construction and transportation R&D project. Accordingly, this study analyzed the concept of TRL·TRA, the characteristics and current evaluation management system of Korean national construction and transportation R&D project and suggested the construction and transportation R&D project TRL·TRA performance model to accomplish the practicalization purpose.

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A Study on the Establishment of Reference Linking System for National R&D Information (국가 R&D정보 참조연계서비스 시스템 구축에 관한 연구)

  • Kwon, Lee-Nam;Kim, Jae-Soo
    • The Journal of the Korea Contents Association
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    • v.8 no.1
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    • pp.195-202
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    • 2008
  • Reference linking based on a identification system is being widely used both domestically and overseas. National R&D information contains all information related to the R&D programs such as the output and equipment information resulting from the participant and project information. The reference linking service enables the user to freely look up output of a certain program, participant of a project, equipment information from the project or participant and all other information that originates from a R&D project without having to search for it. The reference linking service in the area of national R&D will enable the linking of heterogeneous information produced at different sources.

The Role of Industry Quantitative Analysis in the Process of National R&D Project Planning (정부기술개발사업 과제기획과정에 있어 산업분석의 역할과 의미 - 에너지기술개발사업을 중심으로 -)

  • Kim, Bong-Gyun;Park, Song-Dong
    • Journal of Korea Technology Innovation Society
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    • v.13 no.3
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    • pp.459-470
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    • 2010
  • The aim of this study were to investigate the process of national R&D project planning by using the industry quantitative analysis(especially supply-chain enterprise ananlysis). In the selection process of funding project, the role and significance of the industry analysis can be identified as the effective guideline of using this methodology. Across the study, the following is noted : the factors of R&D effectiveness and R&D necessity are found reliable and valid. On the other hand, the emptiness of supply chain and the positive effect of foreign trade balance did not influence the selection of project. The information gained from this study will help us to define better expectations and industry analysis employing to the National R&D Project Planning.

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Application of the Analytic Hierarchy Process (AHP) on the National Nuclear R&D Projects (원자력연구개발사업의 사후평가를 위한 계층화 분석법(AHP)의 적용)

  • 곽승준;유승훈;신철오
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2001.05a
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    • pp.369-385
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    • 2001
  • A R&D project evaluation method has been applied for the national nuclear R&D projects in a developing-country setting. In the methodology, Saaty's analytic hierarchy process model is used to evaluate and rank of the selected nuclear R&D project which have a wide range of objectives and characteristics. The criteria used for evaluation related specifically to the Korea's evaluation needs and culture, and they are weighted according to their relative importance as perceived by the evaluator of the R&D project. As a real-world case of evaluation, we elicited and reproduced the evaluation process of the nuclear R&D projects which is going under the research process. As the results of the paper suggests, the methodology can be applied to the evaluation of the R&D projects and has much potential.

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