Impact analysis for national R&D funding in science and technology using quantification method II |
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| Authors: | Jin Young Choi Jong Ha Lee So Young Sohn |
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| Institution: | Department of Information & Industrial Engineering, Yonsei University, 134 Shinchon-dong, Seoul 120-749, Republic of Korea |
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| Abstract: | As the influences of science and technology on its national economy have increased, each country has devised various funding programs for research and development (R&D) projects. Numerous studies have been conducted to evaluate the performance of such R&D projects. In most studies, the performances were measured in terms of an ordinal Likert scale, but they were treated as continuous variables. Much important information can be buried when a categorical Likert scale is treated as continuous variable. In this paper, we treat Likert scales as categorical and apply quantification method II to analyze the relationship between short- to mid-term performance factors and long-term impact factor of R&D projects. We apply the proposed approach to the survey data obtained from the Science and Technology Promotion Fund in Korea. The results of this paper are expected to contribute to a better understanding of the impact of R&D funding. |
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| Keywords: | R& D Funding Performance Impact Quantification |
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