• Journal of Korean Society of Industrial and Systems Engineering
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• v.33 no.4
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• pp.114-121
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• 2010

Traditionally Nuclear Research and Development (R&D) result has been big influence on other industries and societies and it requires large scale investments and study period. So it is essential to apply Quality Assurance (QA) for systematic R&D management. This paper investigates QA System for U.S. Nuclear R&D and reviews QA elements. Based on this investigation, we applied QA requirements to Nuclear Hydrogen R&D project, and the scope of application be enlarged as R&D stage in progress. We also present QA system improvement way through consideration for Nuclear Hydrogen Project's QA application. As the need for QA in R&D is expected to increase in the future, it is necessary to prepare guidelines for R&D QA.

• Proceedings of the KIEE Conference
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• summer
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• pp.654-656
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• 2004

전력생산활동을 통해 이루어지는 산업간의 상호연관관계를 수량적으로 파악하는 분석이 본고에서 전개하고자 하는 산업연관분석이다. 전력산업 R&D활동이 다른 산업에 파급시키는 효과 중 주목할 것은 다음과 같다. 첫째, 생산유발효과는 전력산업의 자본 및 (연료)집약적 산업으로서의 특성을 잘 반영한다. 둘째, 부가가치유발효과도 장치산업으로서의 전력산업의 특성을 잘 반영한다. 셋째, 취업유발효과는 전력산업 자체에서 가장 두드러진 것으로 나타났다.

• Journal of Energy Engineering
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• v.23 no.4
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• pp.196-206
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• 2014

This study analyzes the technological level of Korean bioenergy firms and its determinants by using a multiple logistic regression analysis based on a survey. As the result of analysis, the technological level of Korean bioenergy firms has been positively influenced by the firm size, R&D investments and R&D manpower, but negatively influenced by the competition in domestic market and economy of scale. The policy implications of this study are related to achieve the economy of scale and coevolve between demand and supply-firms for the improvement of the technological level of Korean bioenergy firms.

• Journal of Technology Innovation
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• v.22 no.2
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• pp.157-183
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• 2014

This paper examines how the concentration of ownership in firms influences the R&D investment decision and whether the type of a firm's management (i.e, the owner-manager or professional manger) differentiates the relationship between the ownership concentration and R&D investments by using data of Korean pharmaceutical companies between 2004 and 2008. The results show that the share of the largest shareholder and R&D investment have an inverted U-shaped relationship, and whether a CEO is an owner or a professional manager affects the curvature of the inverted U-shaped relationship. Specifically, when a firm's CEO is a professional manager and the share of his stock is small, increase in the CEO's share increases the R&D investment in the larger amount than when a firm's CEO is an owner. This is because the increase in ownership reduces agency cost; However, when the share of his stock is large, the increase in CEO's share decreases R&D investment in the larger amount than when a firm's CEO is an owner. This is because a professional manager gets concerned over excessive risk exposure more than an owner-manager does.

• Analyses & Alternatives
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• v.8 no.2
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• pp.87-115
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• 2024

This study examines the effect of R&D investment on firm performance and value of Chinese private firms. Through R&D investment, firms aim to acquire knowledge and technological resources to create innovation and competitive advantage, which ultimately enhances firm performance and value. However, unlike other investments, R&D investments are characterized by high adjustment costs and risks, uncertainty and asymmetric information. In addition, the effect of R&D investment on firm performance and value has been shown to be mixed results due to various internal and external contextual factors. Therefore, this study intends to consider how the ESG activities of firms, which have recently attracted attention, act as a contextual factor in the results of R&D investment. This is because interaction with stakeholders through ESG activities is considered to be an important factor in securing competitive advantages and sustainable growth. In this context, this study measures the effect of a firm's R&D investment on its business performance by dividing it into financial performance and value, respectively, and examines the moderating effect of ESG score on the relationship. Based on empirical analysis of all Chinese private firms from 2010 to 2019, the results show that a firm's R&D investment has a negative impact on performance and a positive impact on value. Furthermore, a high ESG score of private firms positively moderates each relationship, emphasizing the importance of ESG activities.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.255-260
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• 2007

The construction industry has been recognized as lagging behind other industries in the area of research and development (R&D) due primarily to the lack of R&D funds. To overcome this situation, the Korea Ministry of Construction and Transportation has a plan to expand its investments on the construction R&D up to 1.72 billion US dollars over the next 3 years. Despite this effort, it is still challenging to conduct the quantitative measurement on the efficiency of construction R&D projects, which can be utilized as the objective basis in the reasonable selection of a promising R&D team or in the consequential evaluation of a R&D performance. This study aims to conduct the efficiency analysis on the construction R&D projects to provide the basis for evaluating the performance of research and development. Toward this end, this study performs an efficiency analysis, which reflects all of the input and output data into/from the construction R&D by utilizing the Data Envelopment Analysis (DEA). The proposed methodology can be utilized to make a better decision on the priority of the R&D investments and present a sound basis to suggest the areas to be improved so as to reduce the inefficiency of R&D projects.

• Journal of Technology Innovation
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• v.21 no.1
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• pp.27-57
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• 2013

The projects of agricultural R&D investments have been evaluated largely on the basis of efficiency better than equity although both criteria are equally critical in that major fund source of agricultural R&D investments is public budget. In this study, I focus on equity aspects by identifying the heterogeneous impacts of public knowledge created by R&D on farm efficiencies by farm income levels using bias-corrected DEA and quantile regression with panel data. The findings indicate that entire farms haven't been likely to be benefited evenly from public knowledge stock created by agricultural R&D, in particular high income farms can have enjoyed relatively more benefits of its in terms of efficiency gain. Those can imply agricultural R&D have functioned in the way analogue to digressive subsidies. In addition, the heterogeneous technological needs different among income level farms turns out to be main underlying factors affecting such the skewed benefit distribution of agricultural R&D over different income level farms.

• Transactions of the Korean hydrogen and new energy society
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• v.17 no.4
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• pp.461-469
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• 2006

This paper deals with the national competitiveness of hydrogen energy. The effectiveness of investments for hydrogen energy R&D and constructions of hydrogen energy infrastructures can be evaluated by the national competitiveness of hydrogen energy, and it is evaluated by an AHP(analytic hierarchy process) method. The evaluation indices of the national competitiveness are selected as the technical level, the number of researchers, the investments for R&D, and the infrastructure of hydrogen energy. Similarly, the technical level is divided into the number of published papers, the number of foreign patents, and the number of published proceeding papers. The evaluation indices of the technical level and the number of researchers were investigated by database searches. It appears that South Korea locates the sixth position in the world. The results of our study suggest that South Korea is relatively competitive in the technical level and the number of researchers. However, our country needs the long-term and well-focused R&D, and the expansion of infrastructures to enhance the national competitiveness of hydrogen energy in the future.

• Asian Journal of Innovation and Policy
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• v.5 no.3
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• pp.315-329
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• 2016

Public R&D investment information has diverse implications for researching R&D trends. Also, as it is important for the establishment of R&D policy to grasp the current situation and trends of R&D to improve science and technology level, science and technology information service system, such as NTIS (National Science & Technology Information Service), is operated at a national level in most countries. However, since the data forms provided by current NTIS are raw data, it is necessary to develop the R&D performance indicator or to use additional scientometric methods by analyzing scientific papers or scientific R&D project information for grasping R&D trends or analyzing R&D task results. Thus, this study applied public R&D investment information to investigate and monitor R&D trends in the field of information & communication technology (ICT) of meteorology and climatology by using NTIS data of Korea and NSF (National Science Foundation) data of USA.

• Journal of the Korea Institute of Building Construction
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• v.10 no.3
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• pp.71-81
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• 2010

In 1994, Korean construction research and development (R&D) projects received investments amounting to 1.2 billion KRW, an amount that rose to 164.8 billion KRW in 2007. Under the current system, construction researchers submit the application records of Construction Research and Development (R&D) in construction projects to the Korea Institute of Construction & Transportation Technology Evaluation and Planning. The performance of Construction R&D projects has thus been dependent on the subjective reporting of the results by the researchers themselves. For this reason, it is difficult to secure confidence in the records of Construction Research and Development. Therefore, this research suggested measures for revitalizing Construction Research and Development, analyzed approaches to cost-saving in Construction Research and Development, and analyzed economic effectiveness in the results of construction R&D.