A Study on Policy effects on Boosting R&D Intensity of Domestic Companies
Autor: | Jin Taek Jung, Jung Wan Hong, Mun Jeong Kang |
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Rok vydání: | 2016 |
Předmět: |
Multidisciplinary
Boosting (machine learning) Quality management Test equipment 02 engineering and technology Computer security computer.software_genre R&D intensity 030507 speech-language pathology & audiology 03 medical and health sciences 0202 electrical engineering electronic engineering information engineering 020201 artificial intelligence & image processing Statistical analysis Business Marketing 0305 other medical science computer High potential |
Zdroj: | Indian Journal of Science and Technology. 9 |
ISSN: | 0974-5645 0974-6846 |
DOI: | 10.17485/ijst/2016/v9i26/97413 |
Popis: | Background/Objectives: A variety of R&D policies for small businesses are being implemented, but R&D investment of small businesses is extremely weak. The aim of this study is to find the causes for this and to suggest effective policies. Methods/Statistical Analysis: To find the causes for weak R&D investment of small companies, a survey was conducted with 300 small companies, which had invested in R&D from 2012 to 2014. For this survey, structured questionnaires were distributed and there was an interview using telephone and fax from August 19th to September 22nd 2015. Also, a survey was conducted with 829 of 1,675 mid-sized companies that belong to the Association of High Potential Enterprises of Korea and 102 effective responses were analyzed. Findings: The rate of R&D success in the small companies that received government support was 59.2%, but it was mostly focused on performance or quality improvement. At every stage, the companies considered insufficiency of funds and complex administrative procedures as major failure factors. They preferred funding and prototype production support as the most required policies. On the contrary, the mid-sized companies showed a lot of demands for professional manpower, facilities and equipment purchase support. This demonstrates there is a need to offer opportunities for joint use of specialized test equipment’s. Application/Improvements: This study has big significance by studying the demands of the companies, but further research would need to observe if the policies suggested serve as continued growth engines. |
Databáze: | OpenAIRE |
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