Abstract
This paper proposes a R&D project performance measurement model for private firms combining balanced scorecard (BSC) and data envelopment analysis (DEA). The efficiency of R&D projects is measured in terms of each of the three perspectives of BSC by using DEA : the internal process perspective (DEA-P), the customer perspective (DEA-C), and the financial perspective (DEA-F). The performance indicators of the three perspectives of BSC are considered as outputs of the corresponding DEA models. To provide strategic implications for R&D planning, we also propose the R&D project performance matrices composed of two different types of efficiency dimensions. The proposed model is expected to be fruitfully utilized for R&D performance measurement of private firms.
Translated title of the contribution | Performance Evaluation of Private R&D Projects using BSC/DEA |
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Original language | Korean |
Pages (from-to) | 67-83 |
Number of pages | 17 |
Journal | 경영과학 |
Volume | 34 |
Issue number | 2 |
DOIs | |
State | Published - Jun 2017 |