Abstract
In order to examine the ways to improve the efficiency of R&D investment, this paper presents analysis on both quantitative and qualitative efficiency of R&D projects. As Korea's R&D investment has significantly increased in recent years, the efficiency of R&D investment has attracted attention. In this paper, a Data Envelopment Analysis(DEA) method is used to construct models for quantitative efficiency and qualitative efficiency analysis. Based on a cases of agricultural R&D projects of Korea, the efficiency of national R&D projects were analyzed and their quantitative and qualitative efficiencies are compared. As a result, statistically significant difference between quantitative and qualitative efficiency was found. Also, characteristics of Decision Making Units(DMUs) which can influence both quantitative and qualitative efficiency were identified. In particular, the stage of a R&D project has significant impact on R&D efficiency. This study suggests that in order to enhance R&D efficiency both quantitative and qualitative nature of outputs should be considered when measuring R&D efficiency.
| Translated title of the contribution | A Case Study on Qualitative Efficiency of National R&D Projects: Focused on Agricultural Research Area |
|---|---|
| Original language | Korean |
| Pages (from-to) | 115-125 |
| Number of pages | 11 |
| Journal | (사)디지털산업정보학회 논문지 |
| Volume | 14 |
| Issue number | 3 |
| DOIs | |
| State | Published - Sep 2018 |