Developing R&D Portfolio Business Validity Simulation Model and System
The R&D has been recognized as critical method to take competitiveness by not only companies but also nations with its value creation such as patent value and new product. Therefore, R&D has been a decision maker’s burden in that it is hard to decide how much money to invest, how long time o...
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Format: | Article |
Language: | English |
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Wiley
2015-01-01
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Series: | The Scientific World Journal |
Online Access: | http://dx.doi.org/10.1155/2015/348369 |
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author | Hyun Jin Yeo Kwang Hyuk Im |
author_facet | Hyun Jin Yeo Kwang Hyuk Im |
author_sort | Hyun Jin Yeo |
collection | DOAJ |
description | The R&D has been recognized as critical method to take competitiveness by not only companies but also nations with its value creation such as patent value and new product. Therefore, R&D has been a decision maker’s burden in that it is hard to decide how much money to invest, how long time one should spend, and what technology to develop which means it accompanies resources such as budget, time, and manpower. Although there are diverse researches about R&D evaluation, business factors are not concerned enough because almost all previous studies are technology oriented evaluation with one R&D technology based. In that, we early proposed R&D business aspect evaluation model which consists of nine business model components. In this research, we develop a simulation model and system evaluating a company or industry’s R&D portfolio with business model point of view and clarify default and control parameters to facilitate evaluator’s business validity work in each evaluation module by integrate to one screen. |
format | Article |
id | doaj-art-400cb30a7fad423ea547ba6dc7395fba |
institution | Kabale University |
issn | 2356-6140 1537-744X |
language | English |
publishDate | 2015-01-01 |
publisher | Wiley |
record_format | Article |
series | The Scientific World Journal |
spelling | doaj-art-400cb30a7fad423ea547ba6dc7395fba2025-02-03T07:25:56ZengWileyThe Scientific World Journal2356-61401537-744X2015-01-01201510.1155/2015/348369348369Developing R&D Portfolio Business Validity Simulation Model and SystemHyun Jin Yeo0Kwang Hyuk Im1Division of Digital Contents, Dongseo University, 47 Jurye-ro, Sasang-Gu, Busan 617-716, Republic of KoreaDepartment of Electronic Commerce, Paichai University, 155-40 Baejae-ro, Seo-Gu, Daejeon 302-735, Republic of KoreaThe R&D has been recognized as critical method to take competitiveness by not only companies but also nations with its value creation such as patent value and new product. Therefore, R&D has been a decision maker’s burden in that it is hard to decide how much money to invest, how long time one should spend, and what technology to develop which means it accompanies resources such as budget, time, and manpower. Although there are diverse researches about R&D evaluation, business factors are not concerned enough because almost all previous studies are technology oriented evaluation with one R&D technology based. In that, we early proposed R&D business aspect evaluation model which consists of nine business model components. In this research, we develop a simulation model and system evaluating a company or industry’s R&D portfolio with business model point of view and clarify default and control parameters to facilitate evaluator’s business validity work in each evaluation module by integrate to one screen.http://dx.doi.org/10.1155/2015/348369 |
spellingShingle | Hyun Jin Yeo Kwang Hyuk Im Developing R&D Portfolio Business Validity Simulation Model and System The Scientific World Journal |
title | Developing R&D Portfolio Business Validity Simulation Model and System |
title_full | Developing R&D Portfolio Business Validity Simulation Model and System |
title_fullStr | Developing R&D Portfolio Business Validity Simulation Model and System |
title_full_unstemmed | Developing R&D Portfolio Business Validity Simulation Model and System |
title_short | Developing R&D Portfolio Business Validity Simulation Model and System |
title_sort | developing r d portfolio business validity simulation model and system |
url | http://dx.doi.org/10.1155/2015/348369 |
work_keys_str_mv | AT hyunjinyeo developingrdportfoliobusinessvaliditysimulationmodelandsystem AT kwanghyukim developingrdportfoliobusinessvaliditysimulationmodelandsystem |