Journal of Open Innovation: Technology, Market and Complexity (Sep 2021)

Efficiency of Public R&D Management Agency and Its Improvement toward Open Innovation

  • Byung-Yong Hwang,
  • Sung-Hun Park,
  • Dae-Cheol Kim

Journal volume & issue
Vol. 7, no. 3
p. 200

Abstract

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ABSTRACT: R&D management agencies have been taking on key roles in the national R&D ecosystem. The purpose of this study is to suggest ways to improve the role of R&D management agencies for R&D planning and evaluation. It analyzed the regulatory system and relative efficiency of the current use of planning and evaluation cost. Data-collection sources included documents, surveys, and interviews with staff members in agencies responsible for national R&D management. By using DEA models, relative efficiency was measured. Based on the analysis results, we present suggestions for improvement in three areas: (a) establishment of institutional basis; (b) improvement of budget process; (c) improvement measures depending on the causes of inefficiency. Finally, future directions and the limits of this study are discussed.

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