Structural equation model for the evaluation of national funding on R&D project of SMEs in consideration with MBNQA criteria

S. Y. Sohn; Yong Gyu Joo; Hong Kyu Han

doi:10.1016/j.evalprogplan.2006.10.002

Structural equation model for the evaluation of national funding on R&D project of SMEs in consideration with MBNQA criteria

S. Y. Sohn, Yong Gyu Joo, Hong Kyu Han

Department of Industrial Engineering

Research output: Contribution to journal › Article › peer-review

59 Citations (Scopus)

Abstract

Financial support on the R&D in Science & Technology for SMEs at the governmental level plays a crucial role on the improvement of the national competitiveness. Korea Science & Engineering Foundation (KOSEF) has supported the R&D projects of SMEs with the competitive technology ability by way of the Science and Technology Promotion Fund. In this paper, we propose a structural equation model (SEM) to evaluate the performance of such a funding program in terms of three aspects: output, outcome and impact under given funding inputs, R&D environment of a recipient company, and external evaluation programs of funding organization. We adopt Malcolm Baldrige National Quality Award (MBNQA) criteria to assess the R&D environmental factors of recipient companies. In addition, we test the effect of interim evaluation of the funded project. The proposed model is applied to the real case and is used to identify the best practices as well as to provide feedback information for the improvement of the government funding programs of the R&D projects of SMEs.

Original language	English
Pages (from-to)	10-20
Number of pages	11
Journal	Evaluation and Program Planning
Volume	30
Issue number	1
DOIs	https://doi.org/10.1016/j.evalprogplan.2006.10.002
Publication status	Published - 2007 Feb

Bibliographical note

Funding Information:
We apply the proposed SEM to the R&D projects supported by the Science & Technology Promotion Fund from Korea Science and Engineering Foundation (KOSEF) during 2000–2003.

All Science Journal Classification (ASJC) codes

Business and International Management
Social Psychology
Geography, Planning and Development
Strategy and Management
Public Health, Environmental and Occupational Health

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/j.evalprogplan.2006.10.002

Cite this

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title = "Structural equation model for the evaluation of national funding on R&D project of SMEs in consideration with MBNQA criteria",

abstract = "Financial support on the R&D in Science & Technology for SMEs at the governmental level plays a crucial role on the improvement of the national competitiveness. Korea Science & Engineering Foundation (KOSEF) has supported the R&D projects of SMEs with the competitive technology ability by way of the Science and Technology Promotion Fund. In this paper, we propose a structural equation model (SEM) to evaluate the performance of such a funding program in terms of three aspects: output, outcome and impact under given funding inputs, R&D environment of a recipient company, and external evaluation programs of funding organization. We adopt Malcolm Baldrige National Quality Award (MBNQA) criteria to assess the R&D environmental factors of recipient companies. In addition, we test the effect of interim evaluation of the funded project. The proposed model is applied to the real case and is used to identify the best practices as well as to provide feedback information for the improvement of the government funding programs of the R&D projects of SMEs.",

author = "Sohn, {S. Y.} and {Gyu Joo}, Yong and {Kyu Han}, Hong",

note = "Funding Information: We apply the proposed SEM to the R&D projects supported by the Science & Technology Promotion Fund from Korea Science and Engineering Foundation (KOSEF) during 2000–2003. ",

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AU - Gyu Joo, Yong

AU - Kyu Han, Hong

N1 - Funding Information: We apply the proposed SEM to the R&D projects supported by the Science & Technology Promotion Fund from Korea Science and Engineering Foundation (KOSEF) during 2000–2003.

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N2 - Financial support on the R&D in Science & Technology for SMEs at the governmental level plays a crucial role on the improvement of the national competitiveness. Korea Science & Engineering Foundation (KOSEF) has supported the R&D projects of SMEs with the competitive technology ability by way of the Science and Technology Promotion Fund. In this paper, we propose a structural equation model (SEM) to evaluate the performance of such a funding program in terms of three aspects: output, outcome and impact under given funding inputs, R&D environment of a recipient company, and external evaluation programs of funding organization. We adopt Malcolm Baldrige National Quality Award (MBNQA) criteria to assess the R&D environmental factors of recipient companies. In addition, we test the effect of interim evaluation of the funded project. The proposed model is applied to the real case and is used to identify the best practices as well as to provide feedback information for the improvement of the government funding programs of the R&D projects of SMEs.

AB - Financial support on the R&D in Science & Technology for SMEs at the governmental level plays a crucial role on the improvement of the national competitiveness. Korea Science & Engineering Foundation (KOSEF) has supported the R&D projects of SMEs with the competitive technology ability by way of the Science and Technology Promotion Fund. In this paper, we propose a structural equation model (SEM) to evaluate the performance of such a funding program in terms of three aspects: output, outcome and impact under given funding inputs, R&D environment of a recipient company, and external evaluation programs of funding organization. We adopt Malcolm Baldrige National Quality Award (MBNQA) criteria to assess the R&D environmental factors of recipient companies. In addition, we test the effect of interim evaluation of the funded project. The proposed model is applied to the real case and is used to identify the best practices as well as to provide feedback information for the improvement of the government funding programs of the R&D projects of SMEs.

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Structural equation model for the evaluation of national funding on R&D project of SMEs in consideration with MBNQA criteria

Abstract

Bibliographical note

All Science Journal Classification (ASJC) codes

UN SDGs

Access to Document

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