Authors: Donghun Yoon
Addresses: Seoul Center, Korea Basic Science Institute, 145 Anam-ro, Seongbuk-gu, Seoul 02841, South Korea
Abstract: In this paper, we present and discuss the research equipment durability and service life extension method for R&D budget reduction and efficiency improvement. First, we present and discuss the results of a comparative study of the realistic durability and service life of research equipment and the economic life of research equipment from an R&D economic perspective. Then, the research equipment transfer process is studied to improve efficiency. When research equipment become idle or underutilised, their efficiency must be improved. This study also presents and discusses the cost of the repair and transfer of research equipment to extend their durability and service life. In this paper, the R&D economic analysis and the transfer process of research equipment are examined for the first time in terms of effectiveness in improving equipment efficiency. We also believe this study will find valuable use in R&D policymaking and scientific technology research.
Keywords: policymaking; R&D economic analysis; R&D efficiency improvement; R&D innovation strategy; research equipment.
International Journal of Technology, Policy and Management, 2018 Vol.18 No.1, pp.1 - 24
Available online: 07 Nov 2017 *Full-text access for editors Access for subscribers Free access Comment on this article