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