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Development of Guideline for Preliminary Feasibility Study on Government R&D Programs in Korea

Author

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  • Hyun-Kyu KANG

    (Korea Institute of Science & Technology Evaluation and Planning)

Abstract

In order to enhance the efficiency of research and development (R&D) investment, since 2008 the Korean government has applied the preliminary feasibility study (PFS) to newly proposed government R&D programs of which total budget exceeding about $50 million including about $30 million or more in government expenditure. The PFS on R&D programs is an ex-ante evaluation that is performed in point of views of technology, policy and economy. Since 2008 the PFS was conducted to over 120 R&D programs.For maintaining the consistency of evaluation, the first edition of ?the standard guideline of PFS for R&D program? was published in late 2011 by Korea Institute of Science & Technology Evaluation and Planning. By using the standard guideline, the integrity of analysis has been further improved. Even after the publication of the 1st edition of the standard guideline, the study for improving and developing analytical methods was carried out on an ongoing basis. As the result of the study, the 2nd edition of the standard guideline was published at the end of 2014. In this paper, the main contents of the 2nd edition of the standard guideline are explained.

Suggested Citation

  • Hyun-Kyu KANG, 2015. "Development of Guideline for Preliminary Feasibility Study on Government R&D Programs in Korea," Proceedings of International Academic Conferences 2805212, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:2805212
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    References listed on IDEAS

    as
    1. Elise S Brezis, 2007. "Focal randomisation: An optimal mechanism for the evaluation of R&D projects," Science and Public Policy, Oxford University Press, vol. 34(10), pages 691-698, December.
    2. Nadika A. Bulathsinhala, 2015. "Ex-ante evaluation of publicly funded R&D projects: Searching for exploration," Science and Public Policy, Oxford University Press, vol. 42(2), pages 162-175.
    3. McLaughlin, John A. & Jordan, Gretchen B., 1999. "Logic models: a tool for telling your programs performance story," Evaluation and Program Planning, Elsevier, vol. 22(1), pages 65-72.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Preliminary feasibility study; Ex-ante evaluation; Government R&D program; Standard guideline; Logic model;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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