• Title/Summary/Keyword: R&D process

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A Study on a Business Model Development for National R&D (국가 R&D에서의 비즈니스 모델 개발에 대한 연구)

  • Bae, Sang-Keun;Park, Ji-Man;Kim, Byung-Guk
    • Journal of Korea Spatial Information System Society
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    • v.11 no.4
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    • pp.9-18
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    • 2009
  • R&D businesses lead by a government of each countries are recognized as important businesses that may affect the destinies of the nation. However, the process of developing a new business has not been so favorable as the process was primarily managed by engineers who concentrate on research development. The problem was solved by applying a business model regarding outcomes of a developed research. Yet it is difficult to apply the business model methods that are commonly used for enterprises to government's research businesses due to their unique research development characteristics. Therefore, it is developed a business model methodology for national R&D project in this study. In addition, the methodology applies to a sub-project of Korean Land Spatialization Program(KLSP) organized by Ministry of Land, Transport and Maritime Affairs to verify the possibility of practical application.

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Optimal Investment Strategy for Research and Development Considering Dynamic Complexity (동태적 복잡성을 고려한 최적의 연구개발 투자 전략)

  • Son, Jiyoon;Kim, Hyun Jung;Kim, Soo Wook
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.4
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    • pp.19-33
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    • 2015
  • Recently, interest in research and development (R&D) investment decisions have increased among Korean domestic enterprises. However, existing R&D investment studies only focused on government R&D investment policies while only a few studies investigated firm level R&D investment. Prior literatures also overlooked the feedback loop between R&D investment and firm performance. Therefore, this paper identifies a system dynamics model for R&D investment decision making in domestic electronics firms. The conceptual model is derived from R&D investment-related theories found in bodies of literature on company performance, enterprise activity, and market maturity. This study investigates the dynamic feedback between R&D activities and sales using the system dynamics model. In other words, the system dynamics model is used to explain the change in the closed feedback circulation structure in R&D investment activities including technology development, production process, and marketing that subsequently result in sales increase and re-investment into R&D from the generated revenues. There are two major results. First, a similar ratio of investment on technology development and production process derives the higher company sales. Second, regardless of market maturity, marketing investment ratio positively affects sales and R&D budget growth. This study provides a system dynamics model to find the optimal ratio for R&D investment and suggests managerial strategic implications on electronic firm R&D investment decision making under market maturity condition.

The Study on the Adjustment Methods for Investment Strategies of Government R&D in Field of Drug Development: Focusing on R&D Investment Effects (신약개발 분야 정부 연구개발 투자전략 조정방안 연구: R&D 투자효과를 중심으로)

  • Moon, Kwansik;Hong, Miyoung;Kim, Eun Jeong
    • Journal of Korea Technology Innovation Society
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    • v.18 no.3
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    • pp.444-467
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    • 2015
  • Government has accounted an R&D investment on drug development for the highest share among biotechnology sector. Since competitive investments between each agencies, issues on efficiency or effectiveness of the duplicate investments have been raised continuously. In this research, we investigated the effectiveness of the investment through analysis of portfolio on drug development R&D, journals, patents, and performance of the each process. As a result, reliable technology for current market demands could not compute productive outcome at the early process of the development. On the other hand, grants which support non-clinical process of the development has produced the high-quality patents for active utilization. Moreover, analysis of the performance of the process, which affects rate of success on the drug development, showed decreased efficiency compared to global average. Therefore, we proposed the strategies of reflecting the market demands and bridging between stages without interruption for maximizing the efficiency and effectiveness on investment of drug development R&D. Furthermore, strategies for concentrated support on each process should be prepared for the success of final drug development.

The Effect of Startups' Trust in Government R&D Policies on Innovation Performance (벤처기업의 정부 R&D정책에 대한 신뢰가 혁신 성과에 미치는 영향)

  • Kim, Deokyong;Bae, Sung Joo
    • Journal of Technology Innovation
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    • v.29 no.4
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    • pp.95-124
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    • 2021
  • Startups play an important role in economic growth and job creation in niche markets, thus governments regularly expand their research and development(R&D) budgets accordingly. As stratups are more dependent on governments to compensate for insufficient resources and capabilities than large and medium-sized companies, trust in government policies will be important. In this study, we analyzed the impact of startups' trust in government R&D policies on innovation performance. There were three major results. The first result is that government R&D investments in startups increase innovation performance in the manufacturing and high-technology industries but did not affect other industries. The second result is that trust in government R&D policies increased innovation in high-and medium-high technology and manufacturing industries. The third result is that trust in government R&D policies affects innovation before, during, and after evaluation of support process. We analyzed the importance of trust to the effectiveness of government R&D support to determine how to effectively provide it. The results show that governments need to differentiate the types of R&D support they provide according to the target firm's technology level and whether they are a manufacturing company and that appropriate R&D support mechanism should be developed for low-technology and non-manufacturing companies. Finally, governments should allocate resources and make fair and transparent decisions to help companies grow, not to better supervise them.

Economic Valuation of R&D Programs with Strategic Flexibility (전략적 유연성을 고려한 연구개발사업의 경제성 평가: 이론 및 사례 분석)

  • Hwang, Seok-Won;Jeong, Jong-Uk
    • Journal of Technology Innovation
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    • v.14 no.3
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    • pp.237-261
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    • 2006
  • Under circumstances with increasing uncertainty, strategic flexibility has become an essential point on which my R&D management system should be based. Unfortunately the present R&D management system for government sponsored R&D programs cannot be said to be so flexible to adapt appropriately to various threatens such as technological failure, a severe change in competition environment, and so on. In this paper a new scheme for R&D planning and economic assessment with strategic flexibility is suggested and applied to a real R&D program. In the newly suggested R&D management system, economic valuation based on real option theory is performed for various alternative scenarios which have different strategic scheme for R&D process each and the result of the assessment is fed back to R&D planning to choose more superior strategic scheme. Introducing strategic flexibility into R&D planning and economic assessment, the value of R&D project could be remarkably enhanced.

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Research on R&D Planning Through NLP Analysis of Patent Information: Focusing on Display Technology (특허정보의 NLP 분석을 통한 R&D 계획수립 방안 연구: 디스플레이 기술 분석을 중심으로)

  • Kim, Jung-Heui;Kim, Young-Min
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.5
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    • pp.817-826
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    • 2022
  • Patent information describes the history of technological progress in the relevant field, so it can be usefully used to identify trends in technological development and change and to establish R&D development strategies. This study proposes a method to identify the needs and problems of technology development at the planning stage of the R&D process and to analyze core technologies through patent analysis using Natural Language Processing(NLP) technology. As a big data source, collected patent documents registered in Google Patents for foldable technology, the latest technology in the display industry, and then extracted keywords using NLP analyzer. By classifying the extracted keywords into needs and problems for technology development, developed technology and materials, identified the needs of the market and customers and analyzed the technologies being researched and developed. Unlike previous studies that performed patent analysis, this methodology is different in that it can quickly and conveniently analyze the latest technology trends from big data called patents even if you do not have specialized knowledge and skills in the text mining. This study contributes to the digitalization of the R&D process based on data analysis.

A Study on the Method and Application of Shaft Repair using Directed Energy Deposition Process (직접식 에너지 용착 공정을 활용한 축 보수 방법 및 활용 사례 연구)

  • Lee, Yoon Sun;Lee, Min Kyu;Sung, Ji Hyun;Hong, Myeong Pyo;Son, Yong;An, Seouk;Jeong, Oe Cheol;Lee, Ho Jin
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.20 no.9
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    • pp.1-10
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    • 2021
  • Recently, the repair and recycling of damaged mechanical parts via metal additive manufacturing processes have been industrial points of interest. This is because the repair and recycling of damaged mechanical parts can reduce energy and resource consumption. The directed energy deposition(DED) process has various advantages such as the possibility of selective deposition, large building space, and a small heat-affected zone. Hence, it is a suitable process for repairing damaged mechanical parts. The shaft is a core component of various mechanical systems. Although there is a high demand for the repair of the shaft, it is difficult to repair with traditional welding processes because of the thermal deformation problem. The objective of this study is to propose a repair procedure for a damaged shaft using the DED process and discuss its applications. Three types of cases, including a small shaft with a damaged surface, a medium-size shaft with a worn bearing joint, and a large shaft with serious damage, were repaired using the proposed procedure. The microstructure and hardness were examined to discuss the characteristics of the repaired component. The efficiency of the repair of the damaged shaft is also discussed.

Effect of LiCoO2-Coated Cathode on Performance of Molten Carbonate Fuel Cell

  • Kim, Dohyeong;Kim, Hyung Tae;Song, Shin Ae;Kim, Kiyoung;Lim, Sung Nam;Woo, Ju Young;Han, Haksoo
    • Journal of Electrochemical Science and Technology
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    • v.13 no.1
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    • pp.112-119
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    • 2022
  • Molten carbonate fuel cells (MCFCs) are environmentally friendly, large-capacity power generation devices operated at approximately 650℃. If MCFCs are to be commercialized by improving their competitiveness, their cell life should be increased by operating them at lower temperatures. However, a decrease in the operating temperature causes a reduction in the cell performance because of the reduction in the electrochemical reaction rate. The cell performance can be improved by introducing a coating on the cathode of the cell. A coating with a high surface area expands the triple phase boundaries (TPBs) where the gas and electrolyte meet on the electrode surface. And the expansion of TPBs enhances the oxygen reduction reaction of the cathode. Therefore, the cell performance can be improved by increasing the reaction area, which can be achieved by coating nanosized LiCoO2 particles on the cathode. However, although a coating improves the cell performance, a thick coating makes gas difficult to diffuse into the pore of the coating and thus reduces the cell performance. In addition, LiCoO2-coated cathode cell exhibits stable cell performance because the coating layer maintains a uniform thickness under MCFC operating conditions. Therefore, the performance and stability of MCFCs can be improved by applying a LiCoO2 coating with an appropriate thickness on the cathode.

Electrical Property Evaluation of Printed Copper Nano-Ink Annealed with Infrared-Lamp Rapid Thermal Process (적외선 램프를 이용하여 소결한 구리 나노잉크의 전기적 특성 평가에 관한 연구)

  • Han, Hyun-Suk;Kim, Changkyu;Yang, Seung-Jin;Kim, Yoon-Hyun
    • Korean Journal of Materials Research
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    • v.26 no.4
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    • pp.216-221
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    • 2016
  • A sintering process for copper based films using a rapid thermal process with infrared lamps is proposed to improve the electrical properties. Compared with films produced by conventional thermal sintering, the microstructure of the copper based films contained fewer internal and interfacial pores and larger grains after the rapid thermal process. This high-density microstructure is due to the high heating rate, which causes the abrupt decomposition of the organic shell at higher temperatures than is the case for the low heating rate; the high heating rate also induces densification of the copper based films. In order to confirm the effect of the rapid thermal process on copper nanoink, copper based films were prepared under varying of conditions such as the sintering temperature, time, and heating rate. As a result, the resistivity of the copper based films showed no significant changes at high temperature ($300^{\circ}C$) according to the sintering conditions. On the other hand, at low temperatures, the resistivity of the copper based films depended on the heating rate of the rapid thermal process.