• Title/Summary/Keyword: R&D effectiveness

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Evaluation of R&D Projects in Electric Power Industry with Efficiency and Effectiveness (전력산업 R&D 프로젝트의 효율성 및 효과성 평가)

  • Park, Sung-Min;Kim, Heon;Baek, Dong-Hyun
    • IE interfaces
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    • v.22 no.3
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    • pp.192-204
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    • 2009
  • Based on the characteristics of 'Korean electric power industry R&D programs', this study proposes a new performance evaluation framework where electric power industry related R&D projects are scrutinized. The abovementioned R&D programs have their own goals and especially they emphasize the effectiveness as well as the efficiency of each subordinate R&D project. Hence, in this framework, a performance evaluation procedure is established and then a mathematical model is developed according to the procedure. The model calculates performance evaluation indices for a set of R&D projects integrating the effectiveness with the efficiency of each R&D project. In a case study with an empirical dataset, statistical significance is tested on the integrated performance evaluation indices of R&D projects regarding organizational types and program categories considered.

Analysis of Economic Effectiveness in the Results of Construction R&D (건설R&D성과의 경제적 파급효과 분석)

  • Park, Hwan-Pyo
    • 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.

A Theoretical Review On Assessing The Effectiveness of R&D Organizations (R&D조직의 효과성 평가에 관한 개념적 연구모형)

  • 손태원;정한규
    • Proceedings of the Technology Innovation Conference
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    • 2003.02a
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    • pp.101-119
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    • 2003
  • Assessing the effectiveness of R&D organization is hampered by the lack of measurable goals and identifiable outcome criteria. In this review, key issues In evaluating effectiveness are identified and Insights on the application of major assessment approaches are provided. This paper presents System-Process Model on assessing the effectiveness of R&D organization(Korean Government-supported Research Institutes). System-Process Model has attempted to integrate different approaches. It is useful In sensitizing evaluators to the importance of goal, internal process, system resource and feedback in improving organizational effectiveness.

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Assessing the R&D Effectiveness and Business Performance: A Review of Their Mechanisms and Metrics

  • Cho, Yonghee
    • STI Policy Review
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    • v.9 no.1
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    • pp.1-29
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    • 2018
  • With the constant growth of R&D investment, it has been increasingly necessary to evaluate the effectiveness of R&D performance and there is a high emphasis on ensuring the accountability and effectiveness of R&D programs. The evaluation of performance of a firm is especially necessary in times of economic downturn to justify R&D investment. However, there is a marked shortage of clear guidelines as to where and how particular metrics are used to measure the output and outcome of R&D activity in firms. Many firms have difficulties in selecting appropriate indicators for their R&D and financial performances. To fill this gap, this article discusses and presents the findings from the literature in such a way that they become useful for researchers or managers who are in charge of measuring the R&D and business performances arising from innovation activities. Finally, based on the findings about metrics of R&D performance, this article proposes the hypothetical framework to investigate the relationship between technology forecasting, strategic technology planning, and business performance. The framework of this article will assist policy makers, universities, research institutes/national laboratories, and companies to enhance their decision making process in technology development.

A Study on the Effects of R&D Employee's Working Conditions on Organizational Effectiveness (연구개발 인력의 근무환경이 조직유효성에 미치는 영향에 관한 연구)

  • Park, Jung-Oun;Chung, Young-Bae;Yoo, Woo-Sik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.1
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    • pp.107-114
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    • 2012
  • The human resources of an enterprise is very important in order to survive in these days of business environment. This study investigates the influence of working conditions on organizational effectiveness. Job satisfaction and immersion has been regarded as a key conception of organizational effectiveness. The focus of this study is to investigate the effects of R&D employee's working conditions on organizational effectiveness. The results of this study show that organizational effectiveness are greatly influenced by working conditions. According to the result, First, an enterprise must make a favorable working conditions for R&D employees, the enterprise will provide R&D employees with support for collegiality and good relationship with superiors. Second, the systems of organization are significant in organizational effectiveness. Therefore, the enterprise gives the enterprise's vision and autonomic authority of business to R&D employees in order to improve organizational effectiveness. Finally, the enterprise must admit failure and compensates R&D employees for creative ideas.

A Design of Cross Effect Evaluation System for Estimating the Effectiveness of R&D Projects (R&D프로젝트군의 효과추정을 위한 복합효과 평가시스템의 설계)

  • 강일중;권철신;박준호
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.21-24
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    • 2003
  • $\ulcorner$Cost Effectiveness Analysis$\lrcorner$ has been widely used to evaluate the effectiveness of R&D resources. But, almost of cost effectiveness evaluation systems have some problems, especially the cross effect among R&D projects has not been considered. To solve this problem, we have designed a new $\ulcorner$Cross Effect Evaluation System(CEES)$\lrcorner$, which are able to estimate multi-effects and cross effects by completion time among several projects.

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The Single Effect Evaluation System for Analyzing the Effectiveness of R&D Project (R&D프로젝트의 효과분석을 위한 단독효과평가체계)

  • Gwon Cheol Sin;Park Jun Ho;Gang Il Jung
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.966-971
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    • 2003
  • [ $\lceil\;Cost Effectiveness Analysis\;\rfloor$ ] has been widely used to evaluate effectiveness of R&D resources. But, almost of cost effectiveness evaluation systems have some problems, especially estimating method of effect on R&D project is very rough and imprecise. To solve this problem, we have designed new single effect evaluation system, which are able to apply the distribution of order statistics and to transform relative measure into absolute measure for getting single effect.

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Improving the effectiveness of cooperative R&D between Government-Supported Research Institutes and small & medium firms (정부출연연구소와 중소기업간의 공동연구의 효과성을 향상시키기 위한 연구)

  • 조황희;김인호
    • Korean Management Science Review
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    • v.11 no.3
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    • pp.169-183
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    • 1994
  • Government provides for special considerations to technology transfer and cooperative R&D between Government-Supported Research Institutes(GSRI) and Private sector. Nevertheless, the results of many cooperative R&D stagnates in the innovation. This paper examines the reasons for the current low level of the effectiveness of cooperative R&D between GSRIs and small & medium firms. Recommendation are made to enhance the effectiveness of cooperative R & D.

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Efficiency and Effectiveness of Government R&D Projects for SMEs (중소기업 R&D지원사업의 효율성과 효과성 분석)

  • Bae, Young Im
    • Journal of Technology Innovation
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    • v.22 no.2
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    • pp.77-104
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    • 2014
  • Government R&D support for SMEs is very important and the R&D budget is also increasing. This study suggests a new method for analyzing a performance of R&D programs and analyzes the performance of R&D programs funded by small & medium business administration using the method. We discuss new measures "efficiency" that means short-term performance and "effectiveness" that means long-term performance. Weights based on the R&D programs' characteristics among the various sub-indicators of two measures were derived, and then the final scores were calculated by combining the weights with the responses on the indicators. Finally, this study tests the mean differences between R&D programs statistically. As a results, efficiency of R&D programs shows a significant difference between the R&D programs, while effectiveness does not. Most of the efficiency scores are low, whereas the effectiveness scores are high. The results explain that the R&D programs are managed inefficiently. However, most SMEs predict a positive impact of government R&D supports on effectiveness in the long term. Government needs to try to improve the efficiency of R&D supports because SMEs cannot expect sustainable performance with no improvement in efficiency.

Economic Analysis Study on the R&D Effect of Performance Improvement of the Tri-generation Fuel Cell System (연료전지 삼중열병합 시스템의 성능개선 R&D 효과에 대한 경제성 분석 연구)

  • Ahn, Jong-Deuk;Lee, Kwan-Young;Seo, Seok-Ho
    • New & Renewable Energy
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    • v.18 no.2
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    • pp.26-39
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    • 2022
  • Considering the recent substantial increase in national research and development (R&D) budgets in the energy sector there has been increased Interest in the effectiveness of government R&D investments. We conducted a case study to calculate the allowable scale and effectiveness of R&D investment by calculating the direct performance improvement effect resulting from R&D investment as an economic value. Using conditions that existed prior to R&D investments as a reference, five cases in which performance improved due to R&D investments were compared and analyzed. The government's financial investment is increasing rapidly in line with the establishment of the national hydrogen roadmap. R&D is needed to enhance the current low technology readiness level of hydrogen fuel cells compared to solar and wind energy fields. Therefore, an R&D project to improve the performance of the fuel cell system was selected as this case study's subject. Using the results in this study, the allowable level of investment in the task unit of national R&D projects could be calculated. Moreover, it is advisable to provide a standard for rational decision making for new R&D investments since it is possible to determine investment priorities among a large number of candidates.