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Effect of Government R&D Subsidies on Business Performance - Focusing on the Moderating Effect of the Commercialization Program - (기업경영성과에 대한 정부 R&D지원의 효과 - 사업화 프로그램의 조절효과를 중심으로 -)

  • Yeonhee Jang;Kuen-Tae Cho
    • Journal of Technology Innovation
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    • v.31 no.1
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    • pp.149-173
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    • 2023
  • The purpose of this paper is to analyze the effect of government R&D subsidies on business performance of SMEs in the field of Land, Infrastructure, and Transport. To this end, based on domestic and foreign literature, the performance derived through R&D was classified as primary and secondary parameters, and the commercialization program operated by the government was set as a moderating variable. Regression analysis, double mediation analysis, and moderated mediation effect analysis were used to confirm the effect of government R&D subsidy on project performance and process. As a result of this study, it was confirmed that government R&D subsidies have a significant effect on corporate management performance, and it was confirmed that the primary performance such as papers and patents and the secondary performance such as prototypes and legislative revisions have a double mediating. In addition, when the commercialization program was applied to the first and second parameters, it was confirmed that it played a moderated mediating effect. The results of this study are expected to be used when establishing government R&D support plans to expand business performance and economic effects in the future.

The Anticancer Effects of Doenjang Made with Various Kinds of Salt (소금 종류를 달리하여 제조한 된장에서의 항암효과)

  • Lee, Kyeoung-Im;Park, Kun-Young;Ahn, Hyung-Ki
    • Culinary science and hospitality research
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    • v.17 no.5
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    • pp.241-252
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    • 2011
  • The study was carried out to evaluate the anticancer effects in Korean soybean paste(doenjang) added with sun-dried salt(S-D), roasted salt(R-D), bamboo salt roasted once(B1-D) or bamboo salt roasted nine times(B9-D). In MTT assay, S-D, R-D, B1-D and B9-D exhibited a significant inhibitory activity(64-87% and 68-92%) against the proliferation of AGS human gastric adenocarcinoma cells by adding 0.05% and 0.1% of methanol extract. Among Balb/c mice injected with sarcoma-180 cells, the bodies, livers, spleens, kidneys and heart weight of the mice administered with 4 kinds of doenjang extracts were heavier than the non-administered ones of the group. However, no difference was found between the control and doenjang administered groups. Four kinds of doenjang inhibited significantly the tumor growth, especially R-D and B1-D showing an inhibition of tumor cell growth up to 97% by the administration of 1.0 mg/kg methanol extracts of doenjang. The activity of natural killer(NK) cells was relatively high in mice administered with four kinds of doenjang. Particularly, mice administered with R-D methanol extract showed a stronger activity of 88.2%. The activity of glutathione S-transferase(GST) in mice administered with four kinds of doenjang was higher than that of the non-administered group. In particular, the GST activity was the strongest in the group with B1-D. As these results indicate the various kinds of salt have different effects on the anticancer activity of doenjang.

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4.1” Transparent QCIF AMOLED Display Driven by High Mobility Bottom Gate a-IGZO Thin-film Transistors

  • Jeong, J.K.;Kim, M.;Jeong, J.H.;Lee, H.J.;Ahn, T.K.;Shin, H.S.;Kang, K.Y.;Park, J.S.;Yang, H,;Chung, H.J.;Mo, Y.G.;Kim, H.D.;Seo, H.
    • 한국정보디스플레이학회:학술대회논문집
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    • 2007.08a
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    • pp.145-148
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    • 2007
  • The authors report on the fabrication of thin film transistors (TFTs) that use amorphous indium-gallium-zinc oxide (a-IGZO) channel and have the channel length (L) and width (W) patterned by dry etching. To prevent the plasma damage of active channel, a 100-nm-thckness $SiO_{x}$ by PECVD was adopted as an etch-stopper structure. IGZO TFT (W/L=10/50${\mu}m$) fabricated on glass exhibited the high performance mobility of $35.8\;cm^2/Vs$, a subthreshold gate voltage swing of $0.59V/dec$, and $I_{on/off}$ of $4.9{\times}10^6$. In addition, 4.1” transparent QCIF active-matrix organic light-emitting diode display were successfully fabricated, which was driven by a-IGZO TFTs.

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한국의 연구개발투자와 경제성장간의 관계분석

  • 최은철
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2000.11a
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    • pp.346-356
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    • 2000
  • This paper aims to analyse the relationship between R&D investment and economic growth in Korea. The analysis result shows 38 percent of average economic growth rate(7.1%) of Korea between 1976 and 1998 was achieved by the growth of Total Factor Productivity (TFP), and the R&D investment during the period contributed in achieving the economic growth rate by as much as 9.86 percent. In the process of the estimate, the rate of return of the R&D investment from both government and private was calculated as 47 percent. The relationship between private R&D investment, government R&D investment and the GDP was also investigated, and it was estimated that the private sector invested 2.0 percent of the GDP in R&D during the period, and was found that 1 won of government R&D investment induced 0.202 won of private sector's R&D investment. However, the time-lag effect, which is naturally believed to exist between the R&D investment and the economic growth, could not be analysed in a mathematical form, because of the lack of the data to establish this relationship. However, this paper believe that the time-lag effect in this relationship was included implicitly by using the data of 23 years.

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The Roles and Characteristics of R&D Investment in the IT Firms: IT Hardware Firms vs. IT Software Firms

  • Lee, Myunggun;Park, Jongpil;Park, Woojin
    • Asia pacific journal of information systems
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    • v.25 no.1
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    • pp.61-81
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    • 2015
  • Investment in research and development (R&D) is critical in the information technology (IT) firms, where newer and better technology is a quintessential goal that directly affects innovation and competitive advantage. This study investigates how R&D investment influences firm performance and value, and how the effect of R&D investment differs between IT hardware and software firms. We also analyze the relationship between firm age and R&D investment in order to identify learning effects on continuous R&D investment. The empirical investigation in this study, based on longitudinal archival data from 2001 to 2010, found a significant effect of R&D investment on firm performance in IT firms. Further, this study demonstrates causal relationship between firm age, and verifies that learning effects are present in R&D investment. Moreover, the results are found to differ between IT hardware and IT software firms.

Typology of R&D Service Firms and Customized Policy Suggestions in Korea

  • Choi, Jisun;Min, Jungwon;Jang, Pyoung Yol;Ha, Tae Jeong;Lee, Sang Hyeok;Seo, Jeonghwa
    • STI Policy Review
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    • v.2 no.1
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    • pp.35-53
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    • 2011
  • This paper originates from the questions concerning why Korea has had difficulties in boosting R&D service industries regardless of government efforts over a decade. We first review the intrinsic nature of the R&D services and set up four criteria such as establishment type, diversification of business models, coverage of client firms, and role of R&D service firms as innovation drivers and IP strategies, that will be used in interviewing and analyzing R&D service firms. Second, we carry out in-depth interviews of eighteen R&D service firms to understand business behaviors and relevant characteristics. Finally, we identify five groups of R&D service firms and conclude that differentiated polices have to be implemented according to the groups for promoting the industry effectively.

Design of Control Logic, and Experiment for Large Torque CMG (대형 토크 제어모멘트자이로의 제어로직 설계 및 실험)

  • Lee, Jong-Kuk;Song, Tae-Seong;Kang, Jeong-Min;Song, Deok-Ki;Kwon, Jun-Beom;Seo, Joong-Bo;Oh, Hwa-Suk;Cheon, Dong-Ik;Park, Sang-Sup;Lee, Jun-Yong
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.49 no.4
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    • pp.291-299
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    • 2021
  • This paper presents the control logic for the momentum wheel and gimbals in the CMG system. First, the design of the control logic for the momentum wheel is described in consideration of the power consumption and stability. Second, the design of the control logic for the gimbals considering the resonance of the vibration absorber and stability is explained. Third, the measurement configuration for the force and torque generated by the CMG is described. Fourth, the results of the frequency and time response test of the momentum wheel and gimbals are shown. Last, the measurements of the force and the torque generated through the CMG are explained.

Fault Diagnosis of High-Speed Rotating Machinery With Control Moment Gyro for Medium and Large Satellite Using Envelope Spectrum Analysis (포락선 스펙트럼 분석을 이용한 중대형 위성용 제어모멘트자이로의 고속회전체 고장진단)

  • Kang, Jeong-Min;Song, Tae-Seong;Lee, Jong-Kuk;Song, Deok-Ki;Kwon, Jun-Beom;Lee, Il;Seo, Joong-Bo
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.50 no.6
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    • pp.413-422
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    • 2022
  • In this paper, the fault analysis of the momentum wheel, which is a high-speed rotary machinery of 'Control Moment Gyro' for medium and large satellite, was described. For fault diagnosis, envelope spectrum analysis was performed using Hilbert transformation method and signal demodulation method to find the impact signals periodically generated from amplitude modulated signals. Through this, the fault of the momentum wheel was diagnosed by analyzing whether there was a harmonic component of the rotational frequency and a bearing fault frequency in a specific frequency band with a high peak.

The effects of Government R&D subsidies on Private R&D investment - The case of Korean industry after 2000 - (정부 연구개발 보조금의 기업자체 R&D투자에 대한 효과 분석 - 2000년 이후 국내기업 사례를 중심으로 -)

  • Choi, Seok-Joon;Kim, Sang-Shin
    • Journal of Korea Technology Innovation Society
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    • v.10 no.4
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    • pp.706-726
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    • 2007
  • This study attempts to empirically investigate the effects of government R&D subsidies on private firm's R&D investment in Korean industry. The R&D subsidy effect is defined as the average percentage change in firm's R&D expenditures between what was actually observed among firms that received a subsidy and what these firms would have spent had the subsidy not been received. To measure the effect we use Difference-in-Differences (DID) model which sign as to whether the relationship between government subsidies and private R&D investments is on stimulating or displacing private R&D expenditures. The differences between this study and previous studies are that we tries to measure the effect of Government R&D across various sited firm groups such as large, small & medium, and venture firms and we add one lag of the subsidy indicator in order to capture the effect of the subsidies on private R&D during 2 consecutive period. Empirically, a firm with government R&D subsidy increases its own R&D investment by 13.9%. Also on average, 1% of government R&D subsidy leads to 0.031% of private R&D increase. The main results of this study are as follows : First, Government R&D subsidies stimulate private firm's R&D expenditures. Second, Government R&D subsidies greatly increase (statistically significant) company financed R&D expenditures only for large firms but had no effect on the R&D expenditures of small & medium sized firms and venture firms.

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