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[2020-13] The value of research equipment in public R&D projects The case of Korea

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  • 날짜 2020.10.12
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[2020-13]

The value of research equipment in public R&D projects The case of Korea

 

Lee, Kyoungmi

Moon Soul Graduate School of Future Strategy, KAIST

Choi, Sunglok

Intelligent Robotics Research Department, ETRI

Yang, Jae-suk

Moon Soul Graduate School of Future Strategy, KAIST

 

Abstract

We examined the relationships between the qualitative and quantitative performance of publications and patents, and the presence and prices of research equipment for R&D projects supported by the Korean government from 2011 to 2014. We considered the presence of prior-year equipment and average equipment prices to examine causality. We discovered that (1) when the equipment was directly constructed using the R&D budgets of the project; it had a positive influence on the performance of both publications and patents. (2) In cases of price of equipment, there were insignificant results in terms of publications, and a negative impact for patents. At the individual R&D project level, it is necessary to understand the input and output processes to secure project accountability and improvements. We believe that the results of this study present a new perspective in public R&D budget allocation and increase performance of R&D projects using research equipment.


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