• Title/Summary/Keyword: and R&D project management

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A R&D Project Evaluation Model Based on Multi-attribute Utility (다 속성 효용이론을 이용한 R&D 프로젝트의 평가 모델의 연구)

  • 황흥석
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1998.10a
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    • pp.103-106
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    • 1998
  • 본 연구는 연구·개발 프로젝트의 평가를 위하여 연구·개발 프로젝트의 다-속성(Multi-attributes)을 고려하한 평가 모델의 연구이다. 이를 위하여 우선 평가구조를 구축하고 각 속성별 평가를 종합하기 위한 종합성과도(Total Preference Index)로 단일 측정치로 평가 할 수 있도록 종합하기 위한 적절한 효용함수를 도입하여 사용하였다. 이러한 평가 과정을 다-속성 의사결정 모델(Multi-attribute Utility Model)로 통합하였으며 연구·개발프로젝트의 특성을 고려하여 각 연구실의 책임자(Laboratory Directors)의 평가체계를 개발하여 본 평가모델에 포함하였다. 본 평가모델의 시험 적용을 위하여 특정 연구소에 시험적용하고 그 결과를 보였으며, 부분적으로 보완 연구될 경우 일반적인 프로젝트의 평가모델로 활용될 수 있으리라 생각된다.

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Efficiency Analysis for R&D Management according to Operation Type of Funding Agencies (연구관리전문기관의 사업형태에 따른 국가R&D 사업관리 효율성 분석)

  • Lee, Sang-hyuk;Kim, Yun Bae
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1345-1365
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    • 2018
  • Following principal-agent relationship between government and funding agency effects on efficiency and management of project, this paper suppose that project management cost rate variable on outsourcing and administration of institution, applies multiple regression analysis and logit analysis by using factors that procurement status of institutional operating expenses and each subordinates scale (Budget, subject number) and method (Top-down/Bottom-up), not a total amount, for examining factors following project efficiency analysis and way of commission. The major variables which effect on efficiency of institution are management cost scale (0.36), institutional operating expenses ratio (-0.47), way of outsourcing, the factors that affect way of outsourcing are portion of project management cost (-38.5) and institutional operating expenses rate (-11.7). This means both legal and financial stability are necessary and it is avoidable moral hazard and adverse selection on principal-agent problem.

Impact of Cooperative R&D Projects on ICT-Based Technology Convergence

  • Lee, Heongu;Kim, Pang Ryong;Zo, Hangjung
    • ETRI Journal
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    • v.39 no.4
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    • pp.467-479
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    • 2017
  • This study examines how the characteristics of cooperative research and development (R&D) projects in the public domain impact information and communication technology (ICT) convergence. Based on the analysis of 416 cooperative R&D projects under the ICT-based industry convergence R&D program in Korea, the study finds that the characteristics of cooperative R&D projects significantly impact ICT convergence. Moreover, the participation of public research institutes and universities is critical for ICT convergence compared with that of firms. However, in firm-to-firm cooperation, the participation of small and medium enterprises contributes to cross-sectional convergence, while the participation of large firms leads to overall and longitudinal convergence. R&D inputs such as the number of partners and government subsidies exhibit an inverted U-shaped relationship (negative quadratic effect) with technology convergence. Project duration and homogeneous partners are also critical factors for ICT convergence. The results indicate several implications and guidelines on how to effectively organize cooperative R&D projects to facilitate technology convergence.

Analyzing the Performance of Defense R&D Projects based on DEA (자료포락분석을 활용한 국방핵심기술 연구개발사업의 성과 분석)

  • Lim, Yonghwan;Jeon, Jeonghwan
    • Journal of the Korea Institute of Military Science and Technology
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    • v.22 no.1
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    • pp.106-123
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    • 2019
  • Demand for performance analysis is increasing for efficient use of limited budgets such as improving investment efficiency and strategic budget allocation in accordance with the continuous increase demand of R&D budget for developing advanced weapon systems in the future battlefields. In accordance with the Act on the Performance Evaluation and Performance Management of the National R&D Projects established in March 2006, the performance analysis has been conducted for the systematic management and utilization of the R&D project performance. It was recognized as a project to achieve self-defense through strengthening the weapons system development capability, however, efficiency evaluation of Defense R&D projects was not much emphasized. Research on the efficiency analysis of defense R&D projects has been conducted in recent years, but most studies focused on corporate efficiency and productivity of defense companies. In this study, we analyzed the three-stage performance of defence R&D projects based on the logical model using the data envelope analysis(DEA) model. We also analyzed performance analysis from various perspectives through R&D type, technology classification and performance model. This study is expected to help defense department improve defense R&D projects and make decision.

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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Construction of "CIDEAR" Model for Selecting and Evaluating Cross Impact R & D Projects (상호영향형 R&D과제군의 평가산정을 위한 "CIDEAR" 모형의 개발)

  • Kwon Cheol Shin;Park Joon Ho;Hong Seok Ki
    • Journal of the Korean Operations Research and Management Science Society
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    • v.29 no.3
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    • pp.41-61
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    • 2004
  • The purpose of this paper is to construct $\ulcorner$CIDEAR(Cross Impact-DEA-AR)$\lrcorner$ model which evaluates proposed R&D projects considering cross impact among them and selects proper projects to utilize resources efficiently as well as to maximize efficacy of investments. For this purpose, $\ulcorner$CIDEAR$\lrcorner$ model is designed as the following six steps. $\ulcorner$Decision Theory Evaluation Model$\lrcorner$ is for setting and selecting the evaluation items according to the structured procedure of evaluation system. The priority of items is decided at $\ulcorner$AR Decision Model$\lrcorner$$\ulcorner$Cross Impact Estimation Model$\lrcorner$ is for computing the final probability of success and the result is used to revise the evaluation results of $\ulcorner$Decision Theory Evaluation Model$\lrcorner$. $\ulcorner$Resource Performance Analysis Model$\lrcorner$ classifies the proposed R&D projects on the basis of required resources and expected performance. Consequently, the possibility of bias of project selection can be prevented. $\ulcorner$Priority Oder Decision Model$\lrcorner$ is for computing the efficacy of proposed projects. Finally, $\ulcorner$Efficacy-Efficiency Cause Analysis Model$\lrcorner$ analyzes the structure of efficacy and efficiency of the projects. The major findings and significances of this study are summarized as follows: (1) $\ulcorner$CIDEAR$\lrcorner$ model can deal with the affairs of R&D projects having the characteristics of mutual independence as well as mutual dependence in the point of efficacy and efficiency. Hence, it is possible to evaluate and select R&D projects more accurately. (2) It can be possible to raise the possibility of projects success. R&D manager can use the information for project management because the efficacy-efficiency structure of selected projects can be analyzed. (3) We proved the usefulness of the constructed $\ulcorner$CIDEAR$\lrcorner$ model using an case about twenty-one R&D projects of a leading company of electronic industry in Korea.

Real Option Decision Tree Models for R&D Project Investment (R&D 프로젝트 투자 의사결정을 위한 실물옵션 의사결정나무 모델)

  • Choi, Gyung-Hyun;Cho, Dae-Myeong;Joung, Young-Ki
    • IE interfaces
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    • v.24 no.4
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    • pp.408-419
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    • 2011
  • R&D is a foundation for new business chance and productivity improvement leading to enormous expense and a long-term multi-step process. During the R&D process, decision-makers are confused due to the various future uncertainties that influence economic and technical success of the R&D projects. For these reasons, several decision-making models for R&D project investment have been suggested; they are based on traditional methods such as Discounted Cash Flow (DCF), Decision Tree Analysis (DTA) and Real Option Analysis (ROA) or some fusion forms of the traditional methods. However, almost of the models have constraints in practical use owing to limits on application, procedural complexity and incomplete reflection of the uncertainties. In this study, to make the constraints minimized, we propose a new model named Real Option Decision Tree Model which is a conceptual combination form of ROA and DTA. With this model, it is possible for the decision-makers to simulate the project value applying the uncertainties onto the decision making nodes.

R & D 프로젝트 팀의 과업 불확실성, 조직구조, 커뮤니케이선 유형 - 구조적 상황이론

  • ;;Kim, Youngbae
    • Journal of the Korean Operations Research and Management Science Society
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    • v.17 no.2
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    • pp.53-90
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    • 1992
  • THis study examines a contingency relationship between task uncertainty and structure of project teams in conjunction with the leader-member communication patterns. Multivariate analyses are used to analyze the data from 63 R & D project teams of research laboratory in a large manufacturing corporation. Major findings for this study can be summarized as follows. First, project teams with an organic structure are found to yield high performance when task uncertainty is high, while project teams with a mechanistic structure achieve high performance when their tasks are relatively certain. Second, patterns of leader-member comunication are significantly associated with both task uncertainty and structural characteristics of project teams. This implies that leaders of project teams communicate with their members in more conslutative manner when their tasks are uncertain or when their team structure exhibits organic characteristics. Finally, task uncertainty playus a significant moderating role in the relationship between consultative communication patterns and performance of project teams. Based upon these findings, this study offers several theoretical, practical, and methodological implications.

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A Case Study on Quality Assurance Application of the Nuclear Hydrogen R&D (원자력수소 연구개발과제의 품질보증 적용 사례 연구)

  • Lee, Tae-Hoon;Lee, Ki-Young
    • 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.

Considering Service Factors in R&D Project Selection: Telecommunications and Broadcasting Convergence in Korea

  • Jun, Hyo-Jung;Kim, Tae-Sung;Yeon, Seung-Jun;Ha, Won-Gyu
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.36 no.6B
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    • pp.631-641
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    • 2011
  • Digital Multimedia Broadcasting (DMB) and Internet Protocol Television (IPTV) are now in commercial service, tearing down the traditional boundaries between the telecommunications and broadcasting sectors. These latest developments also hold important implications for research projects in related areas. Both telecommunications and broadcasting being fields with a strong service orientation, market demand should be the primary consideration when selecting research and development (R&D) projects in these areas. This study presents a process for selecting converged telecommunications-broadcasting technology development projects from a demand-oriented perspective, using criteria that are based on projected future demand characteristics. Aimed at increasing the efficiency of the R&D project selection process in telecommunications and broadcasting convergence, this study can point out new directions in R&D management in this field.