Developing R&D Business Aspect Evaluation Model

Authors

Kwang Hyuk Im, Department of Electronic Commerce, Paichai University, Daejeon, KoreaFollow
Sang Chan Park, School of Management, Kyunghee University, Seoul, KoreaFollow
Seok-Hun Kim, Department of Electronic Commerce, Paichai University, Daejeon, KoreaFollow
Hyun-Jin Yeo, Division of Digital Contents, Dongseo University, Busan, KoreaFollow

Author Country (or Countries)

Korea

Abstract

The purpose of this research is to develop R&D validity evaluation model in business model aspect with Korean patent data for variety applicable criteria such as investment decision making. The model in this research has four core analysis modules: market, growth pattern, competitive and financial those analyze nine BMC(Business Model Components) clarified in this research with classified keywords within patent specification database categorized by industry: Value proposition, Customer segments, Channels, Customer relationship, Key activities, Key resources, Key partnerships, Cost structure, and Revenue stream. This model suggests the key notations for four modules to systemize R&D validity evaluation model which facilitates effective company R&D investment, and governments industrial R&D investment by representing standardized nine BMC. Hence, the model in this research is applicable to common and matured company or industry not to special purpose or start-up one.

Digital Object Identifier (DOI)

http://dx.doi.org/10.18576/amis/110609

Recommended Citation

Hyuk Im, Kwang; Chan Park, Sang; Kim, Seok-Hun; and Yeo, Hyun-Jin (2017) "Developing R&D Business Aspect Evaluation Model," Applied Mathematics & Information Sciences: Vol. 11: Iss. 6, Article 9.
DOI: http://dx.doi.org/10.18576/amis/110609
Available at: https://digitalcommons.aaru.edu.jo/amis/vol11/iss6/9