Improvement of New Government R&D Program Plans through Preliminary Feasibility Studies
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Description
As a part of an evaluation system for R&D programs, the Korean Government has applied the preliminary feasibility study to new government R&D program plans. Basically, the fundamental purpose of the preliminary feasibility study is to decide that the government will either do or do not invest in a new R&D Program. Additionally, the preliminary feasibility study can contribute to the improvement of R&D program plans. For example, 2 cases of new R&D program plans applied to the study are explained in this paper and there are expectations that these R&D programs would yield better performance than without the study. It is thought that the important point of the preliminary feasibility study is not only the effective decision making process of R&D program but also the opportunity to improve R&D program plan actually.
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References
- Y. B. Lee, J. Hwang, "A Study on Correlation between Elements of AHP for Government R&D Programs," Proceedings of the International Symposium on the Analytic Hierarchy Process, 2011.
- Seongmin Yim, Hyun-Kyu Kang, "Feasibility Analysis Studies on New National R&D Programs in Korea," World Academy of Science, Engineering and Technology, 2011.11.14.~16, Paris, France, pp.698~700.
- Thomas L. Saaty, Luis G. Vargas, Decision Making with The Analytic Networking Process; Economic, Political, Social and Technological Applications with Benefits, Opportunities, Costs and Risks, Springer. 2006.