• Title/Summary/Keyword: trend in R&D investment

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Characteristics of Advanced Materials Innovation and R&D Strategies for Korea (첨단재료의 기술혁신 특성과 한국의 연구개발전략)

  • 채재우;조규갑;김정흠
    • Journal of Korea Technology Innovation Society
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    • v.6 no.4
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    • pp.492-507
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    • 2003
  • Material is enabling technology that creates the product performance and the service of most industrial sectors and fields of technology. However, compared to the other fields such as IT, BT, and NT etc., relatively little attention has been paid to the research on strategy and innovation of materials technology. This bias should have resulted in the misfit of policy and less than enough investment in materials innovation. This paper discusses the characteristics, process, and future of the materials innovation. The process and status of materials technology in Korea are analyzed based on the discussions above. Finally, some suggestions for R&D strategies of Korea are presented on the basis of the nature, trend and barriers of materials innovation.

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Empirical Research on the R&D Investment and Performance of Venture Businesses (벤처기업의 R&D 투자와 성과에 관한 실증연구)

  • Lee, Dong-Ki;Lee, Cheol-Kyu;Kim, Jung-Hwan
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.3 no.1
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    • pp.1-28
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    • 2008
  • In this research, an empirical analysis was performed to determine the correlation between management performance and Empirical Research on the R&D investment for domestic venture businesses in each industry. Specifically, an empirical analysis for each industry was attempted not only to clarify the general hypothesis on the relationship between management performance and R&D investment for venture businesses but also to demonstrate that differences exist for each industry. Empirical analysis was conducted for eight industries with respect to the $2002{\sim}2006$ panel data extracted as investigative results from the "Investigation Report on Science and Technology R&D Activities" published by the Ministry of Science and Technology. Industrial classification was limited to the middle-level classification (2-digit) in the Korea Standard Industry Code (KSIC) owing to the limited number of panels. Although this research only verified the overall positive effect of R&D activities and funds for existing research on corporate value or productivity and management performance, it was able to document the difference for each individual industry and each business size unlike existing research. Furthermore, the reliability of the research results was enhanced by targeting companies that have been continuously conducting R&D and management activities using consistent 5-year panel data in the analysis. Again, this was something that existing research did not have. Finally, through the use of recent data from 2002 after the IMF economic crisis up to 2006 in the empirical analysis, this research proposed the problems due to the prevailing circumstances at the time of entering the advanced nation stage based on an empirical analysis; the prevailing problems during the pursuit of advanced nation status before the IMF crisis broke out were not tackled. The key empirical analysis yielded several results. First, capital and size of the labor force have a positive correlation with the management performance for the entire company or the venture business. This applies to all eight industries as the subjects of the analysis. Second, although the number of years since a company has been established can have positive or negative correlation with management performance for the entire company or venture business in specific industries, a definite overall trend cannot be identified. Third, R&D investment can be said to have an overall positive effect on corporate management performance. Fourth, the size of the research staff cannot be said to be a factor unilaterally affecting the management performance of the entire company or the venture business. Fifth, the number of years a research institute has been in operation, which was assumed to have a positive effect on the management performance of a company because of the accumulated R&D know-how -- definitely acts as a positive factor contributing to the management performance of a company.

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Value-added Polyolefin Products

  • Ok, Myung-Ahn
    • Proceedings of the Polymer Society of Korea Conference
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    • 2006.10a
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    • pp.152-152
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    • 2006
  • Polyolefins show a very healthy growth rate among commodity polymer resins due to their low feedstock prices, recyclable and environmentally friendly characteristics and easily controllable performances. Capacity investment in polyolefin field is now moving from technology region to consumer region and feedstock region. Therefore, key success factors for polyolefin business in the other region such as Korea are cost reduction, development of highly value-added products and new applications and substitution of PVC, PS, PET and other EPs. To add additional value to commodity polyolefin products, high level of platform technology such as catalyst, process and structure-properties relationship is needed. Progress on polyolefin products has been very closely related to catalyst and process technology. According to this trend, SK Corporation has devoted a lot of research effort into development of new value-added polyolefin products based on the proprietary technology platform.

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Research Trend Analysis of Traditional Korean Medicine Supported by the Government - on the Research Reports from 2002 to 2007 Year - (정부지원 한의학 과제의 연구동향 분석 - 2002~2007년 연구과제 보고서를 대상으로 -)

  • Yea, Sang-Jun;Jang, Hyun-Chul;Kim, Jin-Hyun;Kim, Chul;Kim, Sang-Kyun;Song, Mi-Young
    • Journal of Korean Medical classics
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    • v.22 no.4
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    • pp.15-28
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    • 2009
  • Traditional korean medicine which has long history and many clinical experiments stands out in bold relief because the medicine's point of view has been changed from medical treatment to disease protection and the wellbeing life through health care and complementary alternative medicine has been emerged for the incurable disease. Many traditional korean medical research has been conducted in the fields of preventive medical application, leading material drawing and medical service upgrade through eastern and western medical treatment and the more advanced project are being studied as time goes by. But because we have the hardship of manifesting traditional korean medicine's knowledge into detailed data and information in the field of analytical science and we don't have well arranged research trend data of it, researchers are using much time to survey the preceding research and planners needing more accurate research trend data to protect duplication and raise efficiency. So we have studied the traditional korean medicine's research trend to solve this problems by the method of bibliography applied for the preceding project results. Through the analysis of traditional korean medicine's 370 project reports we came to a conclusion that the R&D investment is concentrated on the university and research institute, the utilization projects are lower than basic and applied research, regional snobbism is excessive than the whole nation's R&D and advanced project has been started since 2006.

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The Plans for Rapid Development of Advanced Weapons in Korea (한국 첨단무기 신속개발 발전방안)

  • PARK JUNG HWAN
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.5
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    • pp.27-33
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    • 2023
  • The war between Ukraine and Russia continues. Ukraine, with the help of the United States and others, is fighting a superior battle against Russia with advanced weapons applied artificial intelligence. In line with this trend, the Korean military announced Defense Innovation 4.0 to expend investment in defense technology for the 4th Industrial Revolution and to realize a smart military. In order to achieve this effectively, it is necessary to examine the weapons R&D system. This thesis examines the existing weapons research and development system and derives the plans that can rapidly develop Advanced weapons in a timely manner. In addition, the plans for Rapid R&D for the application of the recently introduced 4th industrial revolution technology was also presented. Through this, it was intended to help the Korean military quickly adopt Advanced weapons in the future.

The Analysis of Investment Determinants in Angel Investors: Focus on the Financial Characteristics (엔젤투자자의 투자의사 결정요인 분석: 재무적 특성을 중심으로)

  • Sang Chang Lee;Byungkwon Lim;Chun-Kyu Kim
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.6
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    • pp.147-157
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    • 2023
  • This paper investigates the financial factors affecting angel investors' investment decisions for 818 firms from 2009 to 2018 in the Korean venture investment market. We construct a quasi-experimental design using propensity scoring matching and compare the investment determinants between investment firms and matching firms. The main empirical findings are as follows. First, we find that angel investors are more likely to choose firms based on a firm's growth such as profit and assets rather than profitability or financial stability. In addition, we identify that they prefer the firm not only higher intangible assets but also higher R&D expenditures. Second, we find that angel investors consider both growth and activity ratios in the firms for over three years and have entered the mid-stage of startups. Overall, we confirm that the investment decision of angel investors mainly focuses on the venture startups' growth trend or future growth potential rather than the realized profitability or financial stability. We also infer that the possibility of performance creation is an important investment factor along with growth for the mid-stage startup.

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A Study on Analysis of national R&D research trends for Artificial Intelligence using LDA topic modeling (LDA 토픽모델링을 활용한 인공지능 관련 국가R&D 연구동향 분석)

  • Yang, MyungSeok;Lee, SungHee;Park, KeunHee;Choi, KwangNam;Kim, TaeHyun
    • Journal of Internet Computing and Services
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    • v.22 no.5
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    • pp.47-55
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    • 2021
  • Analysis of research trends in specific subject areas is performed by examining related topics and subject changes by using topic modeling techniques through keyword extraction for most of the literature information (paper, patents, etc.). Unlike existing research methods, this paper extracts topics related to the research topic using the LDA topic modeling technique for the project information of national R&D projects provided by the National Science and Technology Knowledge Information Service (NTIS) in the field of artificial intelligence. By analyzing these topics, this study aims to analyze research topics and investment directions for national R&D projects. NTIS provides a vast amount of national R&D information, from information on tasks carried out through national R&D projects to research results (thesis, patents, etc.) generated through research. In this paper, the search results were confirmed by performing artificial intelligence keywords and related classification searches in NTIS integrated search, and basic data was constructed by downloading the latest three-year project information. Using the LDA topic modeling library provided by Python, related topics and keywords were extracted and analyzed for basic data (research goals, research content, expected effects, keywords, etc.) to derive insights on the direction of research investment.

A System for Measuring the Similarity and Redundancy of R&D Project (R&D 과제의 유사도 및 중복도 측정 시스템에 관한 연구)

  • Choi, Kook-Hyun;Kang, Yong-Suk;Kim, Jong-Hee;Shin, Yong-Tae;Kim, Jong-Bae
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2014.05a
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    • pp.329-331
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    • 2014
  • The analysis of the similarities and redundancies among R&D projects is important for the efficient investment of government budgets. When government R&D projects are planned, the redundancies of research tasks are examined by institutions specializing in research management, relevant offices and departments, and the government to prevent redundant funding. However, as existing similarity analyses depend on methods wherein new task proposals and existing R&D project proposals are compared and looked up based on keywords. This results in vulnerability wherein similarity cannot be accurately measured in the event of partial modifications of the task name or technical substitutions. This study aims to use patent information as characteristics by which R&D project documents can be identified. The patent data used is based on materials officially published by the government's R&D patent trend survey project (http://ipas.rndip.re.kr). The study aims to propose a method by which patent information can be used to analyze the similarity and redundancy among R&D projects when new projects are entered. For this purpose, a similarity measurement model based on set theory and probability theory is presented. The presented measurement model is implemented into an actual system to identify redundant documents, and calculate and show their similarity.

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The Sources and Directions of Technological Capability Accumulation in Korean Semiconductor industry

  • Rim, Myung-Hwan;Choung, Jae-Yong;Hwang, Hye-Ran
    • ETRI Journal
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    • v.20 no.1
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    • pp.55-73
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    • 1998
  • In this paper we analyze the technological accumulation processes in the Korean semiconductor industry from the institutional approach. Institutional approach, which is closely connected with Neo-Schumpeterian tradition, has emerged as an alternative theoretical framework to neoclassical approach to understand the process of producing technological knowledge. Traditional wisdom of neoclassical approach revealed the limitation to explain the complex nature of knowledge creation and diffusion. US patent data are analyzed in terms of the increasing trend of numbers and its content to measure the rate and direction of technological capability accumulation. This analysis shows that semiconductor technologies are one of the fastest growing fields among Korean technological activities. Moreover, the analysis of patent content suggests that fabrication technologies are the most important area within the technological development of semiconductors, whilst circuit design and testing technologies are beginning to increase in significance. In addition, it is examined how private sectors and public institutions have contributed to generate technological capabilities, and the relationship between them has been changed during the development processes. It is found that Korean firms enhanced their technological capabilities from the learning and assimilation of imported technology to enhanced in-house R&D capabilities in the later stage. The support of public institution and government policy also played significant role to this successful transformation in conjunction with vigorous R&D investment of public sector.

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ITFIND Information Utilizing Technology Maturity Level Diagnostics (ITFIND 정보를 활용한 기술 성숙도 수준 진단 방법)

  • Hwang, Cheol-Hyeon;Park, Sang-Hwi;Lim, Hyeok;Jung, Hoe-kyung
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.20 no.4
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    • pp.763-768
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    • 2016
  • IT is the information in government/public policy and technological trends in the industry's R&D has a direct impact on its investment decision making of the very important information. Due to the nature of the information in this technical trend because essential information on open public data the technology by government departments and public institutions that are responsible for producing, on an ongoing basis. In this paper, it was confirmed through the experiment that the method and the possibility to integrate the technology trend information provided by the various agencies can be diagnosed as a maturity level. Also we propose a data collection and processing, storage, optimized service for technical maturity of diagnostic methods. The proposed method determines the overall system configuration and service data ITFIND overall maturity level diagnosis is enabled by leveraging the collected. In addition, through the compensation is considered to be able to proceed to a more accurate diagnostic level.