Abstract
Korea’s R&D investment has significantly increased in recent years. However, the efficiency of R&D investment is still in question. In order to examine the ways to improve the efficiency of R&D investment, this paper presents dynamic analysis on both quantitative and qualitative efficiency of R&D projects. A Data Envelopment Analysis(DEA)/Window method is used to analyze static and dynamic efficiencies of Industrial Material R&D projects in Korea from 2012 to 2016. As a result, statistically significant differences between quantitative and qualitative efficiency have been found. It has been observed that characteristics of Decision Making Units(DMUs) have an impact on both static and dynamic efficiencies. In particular, textile and ceramic projects showed relatively stable qualitative efficiency for a short-term perspective, while steel and chemical projects showed such stability for a long-term perspective. Among the types of project principals, universities showed relatively stable efficiency, compared with private sectors and research institutes. The results of this paper can be used as a guideline to manage the performance and stability of R&D projects' efficiency.
| Translated title of the contribution | Dynamic Analysis of National R&D Projects' Qualitative Efficiency |
|---|---|
| Original language | Korean |
| Pages (from-to) | 9-20 |
| Number of pages | 12 |
| Journal | (사)디지털산업정보학회 논문지 |
| Volume | 15 |
| Issue number | 1 |
| DOIs | |
| State | Published - Mar 2019 |