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Policy Analysis in Ex-ante Evaluation of Government R&D Programs

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  • HYUN-KYU KANG

    (Korea Institute of Sicence & Technology Evaluation and Planning)

Abstract

In order to enhance the efficiency of government investment on research and development (R&D), since 2008 the Korean government has applied the preliminary feasibility study (PFS) to new large scale government R&D programs. The PFS of R&D programs is an ex-ante evaluation that is performed in point of views of technology, policy and economy.Because a lot of tax should be expended to conduct a government R&D program, the program should be conducted based on the national science and technology (S&T) strategies, and the program expense should be used meaningly on the basis of the consensus of national policy and society. Also it is good that all risk factors should be known before starting the R&D program. Therefore the feasibility analysis on policy is very important part of the ex-ante evaluation of R&D program. In this paper, main contents of the feasibility analysis on policy will be explained. The policy analysis is composed of the evaluation criteria of three layers and deals with policy issues and other issues that could not be analyzed in technological analysis and economic analysis.

Suggested Citation

  • Hyun-Kyu Kang, 2017. "Policy Analysis in Ex-ante Evaluation of Government R&D Programs," Proceedings of International Academic Conferences 5007765, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:5007765
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    File URL: https://iises.net/proceedings/30th-international-academic-conference-venice/table-of-content/detail?cid=50&iid=018&rid=7765
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    References listed on IDEAS

    as
    1. Ahn, Sang-Jin, 2017. "Institutional basis for research boom: From catch-up development to advanced economy," Technological Forecasting and Social Change, Elsevier, vol. 119(C), pages 237-245.
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    More about this item

    Keywords

    Preliminary feasibility study; Ex-ante evaluation; Government R&D program; Policy analysis;
    All these keywords.

    JEL classification:

    • 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
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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