• Title/Summary/Keyword: R&D Decision-Making

Search Result 211, Processing Time 0.026 seconds

Investigation on the directions of practical use in public purpose of the proto-type Korean High Speed Train(HSR 350 x) (한국형 고속열차의 공익적 목적 활용방안 대안 연구)

  • Mok, Jin-Yong;Park, Chan-Kyoung;Kim, Ki-Hwan;Kim, Sang-Soo
    • Proceedings of the KSR Conference
    • /
    • 2008.11b
    • /
    • pp.613-618
    • /
    • 2008
  • Proto-type Korean High Speed Train(HSR 350x) had developed in 2002 through G7 High Speed Train R&D project from 1996, had carried successful trial running test up to 350km/h and has been executing running test more than 0.2 Mil. kilometers of accumulated running distance to insure reliability on service line till July 2008. Even though the R&D project has finished by Oct. 2007, the proto-type train HSR 350x has maintaining various measuring functions and test facilities till now. So it may be needed a suggestion on the direction of practical use in public purpose of the HSR 350x. This study has suggested several directions of practical use in public purpose of the HSR 350x, and feasibilities for each alternatives of practical use in order to contribute making reasonable decision for practical use of the train in public purpose for the future.

  • PDF

The Signaling Effect of Government R&D Subsidies on Inducing Venture Capital Funding (스타트업 대상 정부 R&D 지원금의 벤처 투자 유도 효과)

  • Hong, Seulki;Bae, Sung Joo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.17 no.6
    • /
    • pp.39-50
    • /
    • 2022
  • Based on the signaling theory, this study examined whether startups are more likely to attract venture investment when receiving government R&D subsidies. First, we reviewed previous studies of the investment decision-making process of venture capitalists and understood the conditions that influence investment decisions. Based on previous studies on the signal effect of government subsidies, particularly government R&D grants, on inducing private fund investment, this study revealed a mechanism to induce venture investment by startups. In addition, in order to verify whether government R&D subsidies have the effect of inducing venture investment, an empirical analysis was conducted based on data from startups under seven years and certified as a venture companies in 2021. This paper used PSM(Propensity Score Matching) method and DID(Difference In Difference) analysis for an empirical study to analyze the average treatment effect on the treated group(beneficiary startups of government R&D grants). As a result of empirical analysis, companies that receive more government R&D subsidies after starting a business are more likely to attract venture investment. From two to three years after conducting the first government R&D project, startups that received government R&D grants attracted more venture investment than those that did not. The results of this paper demonstrate that government R&D projects can also affect the venture investment ecosystem, giving policy implications to government R&D projects targeting startups. It is also expected to suggest strategic implications to startups that need new funding.

Development of Seismic Monitoring System for Natural Gas Governor Station and It's Field Application to Minimize Earthquake Damage (지진 피해 최소화를 위한 지진 감지 시스템 개발 및 현장적용 연구)

  • Yoo H.R.;Park S.S.;Park D.J.;Koo S.J.;Cho S.H.;Rho Y.W.
    • Journal of the Korean Institute of Gas
    • /
    • v.4 no.3 s.11
    • /
    • pp.19-25
    • /
    • 2000
  • In order to prevent secondary disaster such as gas explosion which comes after a devastating magnitude earthquake, the seismic monitoring and transmission system for natural gas governor station was developed. To measure ground motions precisely and operate the seismic monitoring system efficiently, the position and method of accelerometer installation were recommended by the analysis of ground noise patterns of governor station. For making a decision on prompt shut-off of gas supplies in the event of a great earthquake, the real-time calculation algorithm of PGA(Peak Ground Acceleration) and SI(Spectrum Intensity) were developed and it has been implemented in the seismic monitoring and transmission system.

  • PDF

A Study on the Induction Procedure of PLM in the Multi-Item Product Business : Benchmarking Method (다품종 사업환경에서의 PLM 적용에 대한 연구 : Benchmarking 기법)

  • Ahn, Yong-Ho;Jeong, Woo-Cheol;Kim, Tae-Sung
    • Journal of Digital Convergence
    • /
    • v.10 no.5
    • /
    • pp.125-133
    • /
    • 2012
  • To make maximum benefit through the R&D investment, various methods is presented to support cooperating company in managing product information which reaches to conceptual design, detail design, production and a service from planning phase of production. Recently, the induction of PLM (Product Lifecycle Management) is being accelerated to design the enterprising system which is various from the idea phase for a product plan to the elimination through the life cycle of the product by the major companies. This study is focused on the research and development of the major companies which is producing products like sets, parts and equipment. This study proposes the process of product strategy, goods planning, development, information and the renovation of decision-making system.

The value relevance of R&D expenditures according to the age of the replaced CEO (연구개발지출과 기업가치의 관계에 교체된 경영자의 나이가 미치는 영향)

  • Ha, Seok-tae;Kim, Eun-sil;Cho, Seong-pyo
    • Journal of Technology Innovation
    • /
    • v.30 no.3
    • /
    • pp.1-34
    • /
    • 2022
  • This study examines the effect of CEO age on the value relevance of R&D which is the relationship between R&D expenditures and firm value. The value relevance of R&D expenditures is higher in companies with current older CEOs, while the relationship in companies with younger CEOs is lower than that of other companies. These results suggest that older CEOs tend to be conservative and make prudent R&D investment decisions. Because they make systematic investment decisions with rich experience, they are expected to have higher investment performance in the market. On the other hand, young CEOs choose risky investments in order to have their abilities highly evaluated in the labor market. The market places a high degree of risk on the R&D decision-making of young CEOs. Next, we analyze whether the age of the replaced CEOs affects the relationship between R&D expenditures and firm value. The result shows that the change of management increases the effect of R&D expenditure on firm value. However, in the case of being replaced by a younger CEO, this positive relationship becomes lower than that of other companies, showing results consistent with the case of the current younger CEO. The samples are analyzed by dividing them into conglomerates and non-conglomerates. In conglomerates, the age of the replaced CEOs does not affect the value relevance of R&D expenditures. Only non-conglomerates showed a negative (-) effect on the replaced younger CEOs. These results suggest that conglomerates maintain the stability of R&D management and performance so that the performance of R&D expenditures is not significantly affected by the age of the replaced CEOs. The reason is that mutual checks and support are coordinated within the group through decentralization of work and systematization of decision-making. This study shows evidence that the relationship between R&D expenditure and firm value according to the age of the replaced CEO is a phenomenon that only occurs in non-conglomerates. This phenomenon suggests that conglomerates are stably managing their R&D performance regardless of the change of CEOs or the characteristics of the CEOs.

A Study on MRI Semi-Automatically Selected Biomarkers for Predicting Risk of Rectal Cancer Surgery Based on Radiomics (라디오믹스 기반 직장암 수술 위험도 예측을 위한 MRI 반자동 선택 바이오마커 검증 연구)

  • Young Seo, Baik;Young Jae, Kim;Youngbae, Jeon;Tae-sik, Hwang;Jeong-Heum, Baek;Kwang Gi, Kim
    • Journal of Biomedical Engineering Research
    • /
    • v.44 no.1
    • /
    • pp.11-18
    • /
    • 2023
  • Currently, studies to predict the risk of rectal cancer surgery select MRI image slices based on the clinical experience of surgeons. The purpose of this study is to semi-automatically select and classify 2D MRI image slides to predict the risk of rectal cancer surgery using biomarkers. The data used were retrospectively collected MRI imaging data of 50 patients who underwent laparoscopic surgery for rectal cancer at Gachon University Gil Medical Center. Expert-selected MRI image slices and non-selected slices were screened and radiomics was used to extract a total of 102 features. A total of 16 approaches were used, combining 4 classifiers and 4 feature selection methods. The combination of Random Forest and Ridge performed with a sensitivity of 0.83, a specificity of 0.88, an accuracy of 0.85, and an AUC of 0.89±0.09. Differences between expert-selected MRI image slices and non-selected slices were analyzed by extracting the top five significant features. Selected quantitative features help expedite decision making and improve efficiency in studies to predict risk of rectal cancer surgery.

A Multi-Dimensional Issue Clustering from the Perspective Consumers' Interests and R&D (소비자 선호 이슈 및 R&D 관점에서의 다차원 이슈 클러스터링)

  • Hyun, Yoonjin;Kim, Namgyu;Cho, Yoonho
    • Journal of Information Technology Services
    • /
    • v.14 no.1
    • /
    • pp.237-249
    • /
    • 2015
  • The volume of unstructured text data generated by various social media has been increasing rapidly; therefore, use of text mining to support decision making has also been increasing. Especially, issue Clustering-determining a new relation with various issues through clustering-has gained attention from many researchers. However, traditional issue clustering methods can only be performed based on the co-occurrence frequency of issue keywords in many documents. Therefore, an association between issues that have a low co-occurrence frequency cannot be discovered using traditional issue clustering methods, even if those issues are strongly related in other perspectives. Therefore, issue clustering that fits each of criteria needs to be performed by the perspective of analysis and the purpose of use. In this study, a multi-dimensional issue clustering is proposed to overcome the limitation of traditional issue clustering. We assert, specifically in this study, that issue clustering should be performed for a particular purpose. We analyze the results of applying our methodology to two specific perspectives on issue clustering, (i) consumers' interests, and (ii) related R&D terms.

A Study of Factors Influencing the Costs of Funding as a Function of Research Area and Financial Institutions (연구 분야 및 지원기관에 따른 연구비 영향 요인에 관한 연구)

  • Cheon, Young-Don;Kim, Dong-Guen;Lee, Yoon Been;Hwang, Ji-Ho;Kim, Yong Soo
    • Journal of Korean Society for Quality Management
    • /
    • v.41 no.1
    • /
    • pp.163-180
    • /
    • 2013
  • Purpose: In this paper, we analyzed the factors that affect research grants using linear regression analysis in order to increase the effectiveness of investments in national research projects. Methods: We collected 15,454 pieces of data on research projects that finished between 2008 and 2010. Data preprocessing and visualization were done to derive statistically significant results. We identified factors that affected funding by using linear regression, and estimated increasing or decreasing tendencies based on those factors. Results: We identified the relative importance of the factors in awarding research grants. Strategies were suggested for the reasonable estimation of R&D budgets for investment purposes. Conclusion: This study will assist the decision-making process of governments in estimating funds required for R&D projects.

A Framework for Deriving Investment Priority in National Defense R&D - Using DEA based on TRA - (국방연구개발 투자우선순위 도출 프레임워크 - TRA 방법론에 기반한 DEA 중심으로 -)

  • Yu, Donghyun;Lim, Dongil;Seol, Hyeonju
    • Journal of the Korea Institute of Military Science and Technology
    • /
    • v.21 no.2
    • /
    • pp.217-224
    • /
    • 2018
  • The purpose of this study is to evaluate the future potential value of CTE(Critical Technology Element)s that are evaluated to be low in TRA(Technology Readiness Assesment) and to present investment prioritization technologies in defense R&D(Research and Development) based on them. To do this, we used the DEA(Data Envelopment Analysis) method, which is useful in evaluating the efficiency of the organization. Specifically, we suggest a systematic framework to evaluate the future value of CTEs by setting the CTEs derived from the TRA process to DMU(Decision Making Unit)s, the cost and time required to develop each CTE as the input factor of the DEA and the effects of the development of each CTE as the output factor of the DEA respectively. We also conducted an illustrative case study on radar technologies to demonstrate the usefulness of the proposed approach.

Design and Implementation of Topology Map and Contour Map for Project Map Analysis System (프로젝트 맵 분석 시스템을 위한 위상 맵과 등고선 맵의 설계 및 구현)

  • Yea, Sang-Jun;Jang, Hyun-Chul;Kim, Chul;Kim, Jin-Hyun;Kim, Sang-Kyun;Song, Mi-Young
    • Korean Journal of Oriental Medicine
    • /
    • v.16 no.1
    • /
    • pp.93-99
    • /
    • 2010
  • When researchers plan R&D projects, they usually use patent map or paper map for the objective decision-making, but in traditional korean medicine field, domestic patents and papers have been mainly proposed as results of many R&D projects, while most of patent or paper map tools support international patents and SCI papers, respectively. Therefore, as an alternative one KIOM constructed the project map which can provide the technology landscape for R&D project information in traditional korean medicine field. But the functions of the system is limited to the search and analysis with chart. So sophisticated analysis results are hard to get from the existing system. This research's goal is to upgrade the web based project map analysis system to provide researcher rich functionality and advanced analysis tools.