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

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Government Policies and Promotion for Enhancing Bioenergy Adoption in Korea and USA

  • Kim, Dong-Shik;Joo, Hyun-Soo
    • Journal of Environmental Policy
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    • v.3 no.1
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    • pp.55-69
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    • 2004
  • Bioenergy can be obtained from various forms of biomass such as agricultural, food processing, and municipal wastes. Recently, its importance is recognized more seriously because of its positive impacts on economic and stable energy supply and environmental sustainability. Despite its advantages, bioenergy has not been used as much as it was expected, nor has it been developed to the level of attractive commercialization in energy market. The main reasons for the sluggish progress have been analyzed by comparing the bioenergy policies in Korea and U.S.A. Both Korea and U.S. governments have recognized the importance of bioenergy and put in various efforts to promote the use of bioenergy. Both governments have legislated alternative energy promotion plans that support R&D, tax reduction, rewards, and low interest loans. However, it is suggested that the bioenergy policy and plan juxtapose the financial supports (R&D, tax exemption, low interest loan, education, etc.) with strong mandates and obligations. Although imposing strong mandates prerequisites the economically attractive and feasible technologies, it can motivate and speed up more effective technology development, in turn. In addition, the bioenergy R&D support must include studies on commercialization and marketing as well as process development. R&D on the socioeconomic effects of bioenergy should also be supported. Lastly, decision making processes for the bioenergy policy, and for alternative energy overall, must include environmental agencies for taking advantage of environmental benefits of bioenergy.

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A Study on the Investment Strategy of the IT R&D using Portfolio Analysis and AHP Method (포트폴리오 분석과 계층화분석기법(AHP)을 활용한 정부 IT분야 연구개발 투자 전략 연구)

  • Kim, Yun-Jong;Jung, Uk;Yim, Seong-Min;Jeong, Sang-Ki
    • Korean Management Science Review
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    • v.26 no.1
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    • pp.37-51
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    • 2009
  • Korean IT industry has been given much weight in national R&D management. A negative side of this fact is that Korean economy is likely to become vulnerable to a condition of the export business in certain items of IT industry which has a serious influence on the national economy. A customized investment strategy through the analysis of technology competitiveness and R&D status in each technology of IT field is required in order to rectify the structural vulnerability and pursue a continuous growth. In this research, a strategic direction to set up an efficient investment strategy is presented. In this process, it draws a portfolio analysis with two axes of technology level and technology life cycle. It also derives a priority order of the national investment considering the degree of technological impact, marketability, and adequacy of public support from AHP (Analytic Hierarchy Process) method by a survey of IT experts. A portfolio analysis in the prior stage helps the respondents in AHP become more familiar with the alternatives' characteristics so that their decision making process more corresponds with national R&D strategies.

On the Optimal Solution Transportation Problem by Analytic Hierarchy Process (계층화 분석 과정에 의한 최적운송 수단에 관한 연구)

  • Chung, Soon-Suk
    • Proceedings of the Safety Management and Science Conference
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    • 2008.04a
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    • pp.345-360
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    • 2008
  • The analytic hierarchy process is known as a useful tool for the group decision making methods. This tool has been area such as investment, R&D management, manufacturing, production and marketing. Typically, transportation problems have addressed by mathematical programming. In this paper, an optimal solution of transportation problem was determined by the analytic hierarchy process.

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Can Managerial Military Experience Affect Corporate Innovation? : Evidence from an Emerging Market

  • Lang, Xiangxiang;You, Dandan;Cui, Li;Peng, Zhe
    • Journal of East Asia Management
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    • v.1 no.1
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    • pp.1-27
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    • 2020
  • Military experience has a great impact on a soldier ability to handle risks. Therefore, when those soldiers become managers, they may behave differently in making risky corporate decisions, especially in activities like the R&D investment. However, studies on how military experience affect R&D have been largely missing in the largest emerging economy, i.e. China, despite that the country hires a higher percentage of military managers than the US. In addition, it remains a question whether military managers affect the state-owned enterprises (SOEs) in China, as many of the corporate decisions are made by the government. This paper tries to address these questions. The imprinting theory and the upper echelon theory suggest that managers' personal experience can affect their behaviour, which in turn influences their corporate decisions. In this paper, we examine whether managers with military experience lead to higher R&D investment and whether such an effect exists in state-owned enterprises. Based on a sample of listed firms in China's A-share market over 2008-2017, we make two findings. First, companies with military managers have high R&D investment. By dividing managers' military positions into high and low rank, we find that companies tend to have higher (lower) R&D investment if their managers hold a high-rank (low-rank) position. Second, the effect of high-rank military managers on R&D investment is more pronounced if the manager is also the founder and the company is a non-state-owned enterprise. For low-ranking military managers, a stronger effect on R&D investment is also observed if they are also the founder, but whether their companies are state-owned or not has no impact on R&D investment. This study identifies managers' military experience as a contributing factors to corporate R&D investment in the largest emerging economy. This paper tests an implication of the imprinting theory and the upper echelon theory, i.e., managers' personal experience can affect their behaviour, which in turn influences their corporate decisions. Specifically, we focus on one aspect of personal experience - military experience - and look at whether it is beneficial to firms' technological innovation, therefore enriches the literature of managerial heterogeneity. Our findings on the influence of managers' military experience on firms' technological innovation can help us better understand the role of managers play in corporate decision making, and how managers' individual traits interact with the firm's characteristics.

R&D Project Planning of Photovoltaic Industry for Small and Medium Enterprises (태양광산업 분야의 중소기업형 R&D 과제 기획 연구)

  • Suh, Min-Ho;Kwon, Young-Il
    • Journal of the Korean Solar Energy Society
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    • v.30 no.3
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    • pp.81-89
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    • 2010
  • The photovoltaic industry is one of the main research areas for regenerable energy usage and green growth policy of the Korean government. R&D programs of MEST(Ministry of Education, Science and Technology) and MKE(Ministry of Knowledge Economy) are concentrating on the development of fundamental and applicable technology which can be carried out by a so-called "Big company" consortium. So it is essential to discover and support R&D projects for small and medium enterprises(SMEs) in the photovoltaic industry. R&D projects should be funded effectively to enhance the competitiveness of the SMEs. It is a complicated process as to decide what R&D projects or key element technologies should be selected and how to support them. In this paper, the supply chain analysis is adopted as a critical tool for selecting the research areas and topics for the SMEs, which can be done by analyzing the number of the SMEs, the level of imports and the localization possibility for each supply chain element. We define the strategic products for the SMEs to deduct core technologies for each strategic product. R&D projects definition sheets are proposed for each core technology. All the decision making processes are authorized by a committee which consists of experts for academia, industries and the research field. The efficacy of the proposed framework is described throughout the photovoltaic industry.

The Decision of Famous Business Areas for Small and Middle Enterprises (중소기업 유망 사업분야 선정 방법론에 대한 고찰)

  • Park, chang kirl;Hahn, hyuk;Roh, hyun sook
    • Proceedings of the Korea Contents Association Conference
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    • 2007.11a
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    • pp.462-467
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    • 2007
  • All of enterprises are diversifying it's business items for going concern. But it is very difficult to find a successful business items because they should be in front of various risk factors. Especially the small and middle enterprises are inferior to the large enterprises in every way likes technology development, marketing and human resources etc. So, it can be a decisive decision making to branch out to them. Because they should concentrate their resources for it. This research introduce systematic approach of the decision of famous business items for small and middle enterprises.

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A Study on Human-AI Collaboration Process to Support Evidence-Based National Innovation Monitoring: Case Study on Ministry of Oceans and Fisheries (Human-AI 협력 프로세스 기반의 증거기반 국가혁신 모니터링 연구: 해양수산부 사례)

  • Jung Sun Lim;Seoung Hun Bae;Kil-Ho Ryu;Sang-Gook Kim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.2
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    • pp.22-31
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    • 2023
  • Governments around the world are enacting laws mandating explainable traceability when using AI(Artificial Intelligence) to solve real-world problems. HAI(Human-Centric Artificial Intelligence) is an approach that induces human decision-making through Human-AI collaboration. This research presents a case study that implements the Human-AI collaboration to achieve explainable traceability in governmental data analysis. The Human-AI collaboration explored in this study performs AI inferences for generating labels, followed by AI interpretation to make results more explainable and traceable. The study utilized an example dataset from the Ministry of Oceans and Fisheries to reproduce the Human-AI collaboration process used in actual policy-making, in which the Ministry of Science and ICT utilized R&D PIE(R&D Platform for Investment and Evaluation) to build a government investment portfolio.

국가혁신시스템의 기능분석 -시스템이론의 접목을 통한 탐색적 개념연구-

  • 임윤철
    • Proceedings of the Technology Innovation Conference
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    • 1996.12a
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    • pp.241-264
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    • 1996
  • This article introduces the five functions of the national innovation system (NIS). As the national innovation system is a kind of social systems in the national level, the five generic functions of open system-production boundary spanning, maintenance, adaptation management functions-are applied to the NIS. The production function is the primary process, which produces innovative products and services of the NIS. The boundary spanning function is the function of procuring the input and disposing the innovation output or aiding in these process. Experienced R&D human resources, R&D funds, technology etc. belong to the input of the NIS. The maintenance function is responsible for the smooth operation and upkeep of the system in terms of various conditions. The adaptive function is to help the system change and adapt, scan the environment for problems, opportunities, and technological developments. It faces outward for the survival of the system from the long-term view. The management function carries out planning and controlling the overall activities for the other four functions in order to run the system. Finally it discuses implications for the diagnosis and the decision making process of S&T policy.

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Systematic Review of Sustainable Knowledge Transfer Process in Government-Industry-Academia Consortium

  • Faisal, Rouhi;Chong, Aik Lee;Yee, Angelina Seow Voon
    • Asian Journal of Innovation and Policy
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    • v.6 no.3
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    • pp.295-312
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    • 2017
  • The purpose of this case study is to understand the sustainability practices of knowledge transfer process at the Malaysian government-industry-academia consortium. At this stage in the research, the R&D consortium is defined as an established entity by two or more organizations that pool resources and shared decision making for cooperative research and development activities. In attempts to understand the formation, outcomes and sustainability of the sustainable knowledge transfer process, this paper conducted a systematic literature review based on Gough, Oliver and Thomas systematic reviews protocol. From the review, the data were enriched and enhanced with a better understanding of sustainable knowledge transfer process. The systematic review resulted in identifying six factors including internal and external perspectives. However, key sustainability factors are not only directly influencing KTP, and the consortium, but are also mediated by other organisational variables.

A Study on Analyzing the Status and Demand of Cyberinfrastructure in Korea (우리나라의 사이버인프라 현황과 수요 분석에 관한 연구)

  • Lee, Hyung-Jin;Song, Sung-Hwan;Gwon, Seong-Hoon;Hong, Soon-Ki
    • IE interfaces
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    • v.22 no.2
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    • pp.174-184
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    • 2009
  • As R&D environment was changed, the research through Cyberinfrastructure emerged as a new paradigm. Advanced countries such as U.S. and U.K. invested heavily in the system for advancing R&D by building national Cyberinfrastructure. It is required to analyze how to build and utilize Cyberinfrastructure in science and technology. This paper aims to investigate and analyze the utilization status and demand of Cyberinfrastructure and to propose directions for operating it in Korea. This study is expected to be a principle foundation for decision making about developing it.