Applied Mathematics & Information Sciences

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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.

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