Abstract
This study proposes a three-stage model of R&BD performance which captures commercialization outcomes as well as conventional R&D performance. The model is composed of three factors : inputs (R&D budgets and researchers), outputs (patents and papers), and outcomes (technical fees, products sales, and cost savings). Three stages are defined for each transformation process between the three factors : efficiency stage from input to output (stage 1), effectiveness stage from output to outcome (stage 2), and productivity stage from input to outcome (stage 3). The performance of each stage is measured by data envelopment analysis (DEA). DEA is a non-parametric efficiency measurement technique that has widely been used in R&D performance measurement. We measure the performance of 171 projects of 6 public R&BD programs managed by Seoul Business Agency using the proposed three-stage model. In order to provide a balanced and holistic view of R&BD performance, the R&BD performance map is also constructed based on performance of efficiency and productivity stages.
| Translated title of the contribution | Performance Evaluation of R&D Commercialization : A DEA-Based Three-Stage Model of R&BD Performance |
|---|---|
| Original language | Korean |
| Pages (from-to) | 425-438 |
| Number of pages | 14 |
| Journal | 대한산업공학회지 |
| Volume | 41 |
| Issue number | 5 |
| DOIs | |
| State | Published - Oct 2015 |