Assessment of Research Collaborations for Improving Intellectual and Economic Performance in Public Renewable Energy R&D
DOI:
https://doi.org/10.12695/ajtm.2021.14.1.4Keywords:
R&D, Performance Measurement, Collaboration, Renewable Energy, Triple Helix, R&D LeaderAbstract
Abstract. Public R&D investment in renewable energy has burgeoned at the global level in a concerted effort to expedite energy transition. Unlike traditional energy sources, the renewable energy industry produces a favorable collaboration environment for small and medium enterprises, affecting traits of R&D collaboration in R&D as well. The main purpose of this study is to find relationships between R&D collaboration and intellectual & economic performances in renewable energy R&D. We have analyzed 484 projects completed between 2006 and 2014 in South Korea’s public renewable energy R&D program. We found that university-industry-government research institute collaboration is not the most effective for creating intellectual nor economic performance, interpreting as a necessity in the revision on current UIG collaboration policy. For a leader organization, we found that medium enterprises are the most positively related with economic outcomes, interpreting medium enterprises had as much technical competency and investment capacity as large enterprises.
Keywords: R&D, performance measurement, collaboration, renewable energy, triple helix, r&d leader
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References
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Auranen, O., & Nieminen, M. (2010). University research funding and publication performance—An international comparison. Research policy, 39(6), 822-834.
Barker, K. (2007). The UK Research Assessment Exercise: the evolution of a national research evaluation system. Research evaluation, 16(1), 3-12.
Barry, D. (1991). Managing the bossless team: Lessons in distributed leadership. Organizational dynamics, 20(1), 31-47.
Bonaccorsi, A., & Daraio, C. (2003). A robust nonparametric approach to the analysis of scientific productivity. Research evaluation, 12(1), 47-69.
Brown, M. G., & Svenson, R. A. (1998). RTM Classic: Measuring R&D Productivity. Research-Technology Management, 41(6), 30-35.
Chaney, P. K., Devinney, T. M., & Winer, R. S. (1991). The impact of new product introductions on the market value of firms. Journal of business 64(4), 573-610.
Chang, K. Y. (2010). R&D investment and project performance: research on industrial R&D programs of government. Journal of Technology Innovation, 18(1), 75-98.
Cho, S. P., Park, S. Y., & Kim, S. Y. (2014). Effects of Expenditures for Tangible and Intangible Assets on the Firm's Performance: Longitudinal Analysis. Korean Management Review, 43(5), 2039-2066.
Czarnitzki, D., & Fier, A. (2003). Publicly funded R&D collaborations and patent outcome in Germany. ZEW Discussion Paper 03(24), 1-29.
de Moraes Silva, D. R., Furtado, A. T., & Vonortas, N. S. (2018). University-industry R&D cooperation in Brazil: a sectoral approach. The Journal of Technology Transfer, 43(2), 285-315.
De Witte, K., & Moesen, W. (2010). Sizing the government. Public Choice, 145(1), 39-55.
Del Canto, J. G., & Gonzalez, I. S. (1999). A resource-based analysis of the factors determining a firm's R&D activities. Research Policy, 28(8), 891-905.
Dyer, J. H., & Singh, H. (1998). The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage. The Academy of Management Review, 23(4), 660-679.
Etzkowitz, H., & Leydesdorff, L. (1995). The Triple Helix--University-industry-government relations: A laboratory for knowledge based economic development. EASST review, 14(1), 14-19.
Frietsch, R., & Grupp, H. (2006). There's a new man in town: the paradigm shift in optical technology. Technovation, 26(1), 13-29.
Gibson, C. B. (1999). Do they do what they believe they can? Group efficacy and group effectiveness across tasks and cultures. Academy of Management Journal, 42(2), 138-152.
Gulati, R. (1998). Alliances and networks. Strategic management journal, 19(4), 293-317.
Hagedoorn, J. (2002). Inter-firm R&D partnerships: an overview of major trends and patterns since 1960. Research policy, 31(4), 477-492.
Hirst, G., & Mann, L. (2004). A model of R&D leadership and team communication: The relationship with project performance. R&d Management, 34(2), 147-160.
Hoang, H., & Rothaermel, F. T. (2005). The effect of general and partner-specific alliance experience on joint R&D project performance. Academy of Management Journal, 48(2), 332-345.
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Jiancheng, G., & Junxia, W. (2004). Evaluation and interpretation of knowledge production efficiency. Scientometrics, 59(1), 131-155.
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Kelm, K. M., Narayanan, V. K., & Pinches, G. E. (1995). Shareholder value creation during R&D innovation and commercialization stages. Academy of Management Journal, 38(3), 770-786.
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Kim, Y., Min, B., & Cha, J. (1999). The roles of R&D team leaders in Korea: a contingent approach. R&d Management, 29(2), 153-166.
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Lee, H., Park, Y., & Choi, H. (2009). Comparative evaluation of performance of national R&D programs with heterogeneous objectives: A DEA approach. European journal of operational research, 196(3), 847-855.
Lee, U., & Heo, E. (2013). An Analysis of Time Varying Beta Risk in Domestic Renewable Energy Company. Environmental and Resource Economics Review, 22(1), 99-125.
Lei, X. P., Zhao, Z. Y., Zhang, X., Chen, D. Z., Huang, M. H., & Zhao, Y. H. (2012). The inventive activities and collaboration pattern of university–industry–government in China based on patent analysis. Scientometrics, 90(1), 231-251.
Lema, R., Berger, A., & Schmitz, H. (2013). China's impact on the global wind power industry. Journal of Current Chinese Affairs, 42(1), 37-69.
Leydesdorff, L., & Etzkowitz, H. (1996). Emergence of a Triple Helix of university—industry—government relations. Science and public policy, 23(5), 279-286.
Liefner, I. (2003). Funding, resource allocation, and performance in higher education systems. Higher education, 46(4), 469-489.
McCall Jr, M. W. (2010). Recasting leadership development. Industrial and Organizational Psychology, 3(1), 3-19.
McConnell, J. J., & Muscarella, C. J. (1985). Corporate capital expenditure decisions and the market value of the firm. Journal of financial economics, 14(3), 399-422.
Mintzberg, H. (1973). Strategy-making in three modes. California management review, 16(2), 44-53.
Mirae Asset. (2020). The Innovation Race: How China’s Polysilicon Industry Has Upped Its Game. Mirae Asset Gllobal Investments. Hong Kong, China. Retrieved from https://www.am.miraeasset.com.hk/insight/the-innovation-race-chinese-polysilicon-industry/
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Mission Innovation. (2019). Mission Innovation Country Highlights. Mission Innovation. Retrieved from http://mission-innovation.net/wp-content/uploads/2019/05/MI-Country-Highlights-2019.pdf
Mohrman, S. A., Cohen, S. G., & Morhman Jr, A. M. (1995). Designing team-based organizations: New forms for knowledge work. Jossey-Bass.
Mora-Valentin, E. M., Montoro-Sanchez, A., & Guerras-Martin, L. A. (2004). Determining factors in the success of R&D cooperative agreements between firms and research organizations. Research policy, 33(1), 17-40.
Mothe, C., & Quélin, B. (2000). Creating competencies through collaboration:: The case of EUREKA R&D consortia. European Management Journal, 18(6), 590-604.
MOTIE. Operation Guidelines for Projects for Innovation of Industrial Technology, Pub. L. No. 201890 (2018). South Korea. Retrieved from https://elaw.klri.re.kr/eng_mobile/viewer.do?hseq=49642&type=part&key=18
O’Regan, K. M., & Oster, S. M. (2000). Nonprofit and for-profit partnerships: Rationale and challenges of cross-sector contracting. Nonprofit and Voluntary Sector Quarterly, 29(1_suppl), 120-140.
Park, M., Barrett, M., & Cassarino, T. G. (2019). Assessment of future renewable energy scenarios in South Korea based on costs, emissions and weather-driven hourly simulation. Renewable Energy, 143, 1388-1396.
Pevcin, P. (2004). Does optimal spending size of government exist? European Group of Public Administration Conference, (1994), 1-4 September.
Pilkington, A., Dyerson, R., & Tissier, O. (2002). The electric vehicle:: Patent data as indicators of technological development. World patent information, 24(1), 5-12.
Romer, P. (1990). Endogenous technical progress. Journal of political economy, 98(5), 71-103.
Scully, G. W. (1995). The “growth tax” in the United States. Public Choice, 85(1), 71-80.
Spanos, Y. E., Vonortas, N. S., & Voudouris, I. (2015). Antecedents of innovation impacts in publicly funded collaborative R&D projects. Technovation, 36, 53-64.
Tobin, J. (1958). Estimation of relationships for limited dependent variables. Econometrica: journal of the Econometric Society 26(1), 24-36.
Tsai, K. H., & Wang, J. C. (2005). Does R&D performance decline with firm size?—A re-examination in terms of elasticity. Research Policy, 34(6), 966-976.
Varadarajan, P. R., & Cunningham, M. H. (1995). Strategic alliances: a synthesis of conceptual foundations. Journal of the academy of marketing science, 23(4), 282-296.
Wang, D. D. (2019). Performance-based resource allocation for higher education institutions in China. Socio-Economic Planning Sciences, 65, 66-75.
World Bank. (2014). Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries. Washington, D.C. Retrieved from https://www.infodev.org/infodev-files/green-industries.pdf
Yukl, G. A. (2012). Leadership in Organizations 8th Edition. New York: Pearson.
Auranen, O., & Nieminen, M. (2010). University research funding and publication performance—An international comparison. Research policy, 39(6), 822-834.
Barker, K. (2007). The UK Research Assessment Exercise: the evolution of a national research evaluation system. Research evaluation, 16(1), 3-12.
Barry, D. (1991). Managing the bossless team: Lessons in distributed leadership. Organizational dynamics, 20(1), 31-47.
Bonaccorsi, A., & Daraio, C. (2003). A robust nonparametric approach to the analysis of scientific productivity. Research evaluation, 12(1), 47-69.
Brown, M. G., & Svenson, R. A. (1998). RTM Classic: Measuring R&D Productivity. Research-Technology Management, 41(6), 30-35.
Chaney, P. K., Devinney, T. M., & Winer, R. S. (1991). The impact of new product introductions on the market value of firms. Journal of business 64(4), 573-610.
Chang, K. Y. (2010). R&D investment and project performance: research on industrial R&D programs of government. Journal of Technology Innovation, 18(1), 75-98.
Cho, S. P., Park, S. Y., & Kim, S. Y. (2014). Effects of Expenditures for Tangible and Intangible Assets on the Firm's Performance: Longitudinal Analysis. Korean Management Review, 43(5), 2039-2066.
Czarnitzki, D., & Fier, A. (2003). Publicly funded R&D collaborations and patent outcome in Germany. ZEW Discussion Paper 03(24), 1-29.
de Moraes Silva, D. R., Furtado, A. T., & Vonortas, N. S. (2018). University-industry R&D cooperation in Brazil: a sectoral approach. The Journal of Technology Transfer, 43(2), 285-315.
De Witte, K., & Moesen, W. (2010). Sizing the government. Public Choice, 145(1), 39-55.
Del Canto, J. G., & Gonzalez, I. S. (1999). A resource-based analysis of the factors determining a firm's R&D activities. Research Policy, 28(8), 891-905.
Dyer, J. H., & Singh, H. (1998). The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage. The Academy of Management Review, 23(4), 660-679.
Etzkowitz, H., & Leydesdorff, L. (1995). The Triple Helix--University-industry-government relations: A laboratory for knowledge based economic development. EASST review, 14(1), 14-19.
Frietsch, R., & Grupp, H. (2006). There's a new man in town: the paradigm shift in optical technology. Technovation, 26(1), 13-29.
Gibson, C. B. (1999). Do they do what they believe they can? Group efficacy and group effectiveness across tasks and cultures. Academy of Management Journal, 42(2), 138-152.
Gulati, R. (1998). Alliances and networks. Strategic management journal, 19(4), 293-317.
Hagedoorn, J. (2002). Inter-firm R&D partnerships: an overview of major trends and patterns since 1960. Research policy, 31(4), 477-492.
Hirst, G., & Mann, L. (2004). A model of R&D leadership and team communication: The relationship with project performance. R&d Management, 34(2), 147-160.
Hoang, H., & Rothaermel, F. T. (2005). The effect of general and partner-specific alliance experience on joint R&D project performance. Academy of Management Journal, 48(2), 332-345.
IMD. (2017). World Competitiveness Yearbook. Retrieved from http://www.imd.org/wcc/wcy-world-competitiveness-yearbook/
IRENA, IEA, & REN21. (2018). Renewable Energy Policies in a Time of Transition. Renewable Energy. Retrieved from https://www.irena.org/-/media/Files/IRENA/Agency/Publication/2018/Apr/IRENA_IEA_REN21_Policies_2018.
Jiancheng, G., & Junxia, W. (2004). Evaluation and interpretation of knowledge production efficiency. Scientometrics, 59(1), 131-155.
Jung, M. (2019). Polysilicon Prices Halved, Pushing Korean Polysilicon Makers to the Edge of the Cliff. Business Korea. Retrieved from http://www.businesskorea.co.kr/news/articleView.html?idxno=33702
Katz, J. S., & Martin, B. R. (1997). What is research collaboration?. Research policy, 26(1), 1-18.
Kelm, K. M., Narayanan, V. K., & Pinches, G. E. (1995). Shareholder value creation during R&D innovation and commercialization stages. Academy of Management Journal, 38(3), 770-786.
Kim, H., Shin, J., & Lee, S. (2019). A new approach to efficient ratio: A case of South Korea’s research and development investment. Journal of Engineering and Technology Management, 51, 1-9.
Kim, Y., Min, B., & Cha, J. (1999). The roles of R&D team leaders in Korea: a contingent approach. R&d Management, 29(2), 153-166.
KISTEP. (2018). National R&D Program Evaluation Report on Renewable Energy.
Lee, H., Park, Y., & Choi, H. (2009). Comparative evaluation of performance of national R&D programs with heterogeneous objectives: A DEA approach. European journal of operational research, 196(3), 847-855.
Lee, U., & Heo, E. (2013). An Analysis of Time Varying Beta Risk in Domestic Renewable Energy Company. Environmental and Resource Economics Review, 22(1), 99-125.
Lei, X. P., Zhao, Z. Y., Zhang, X., Chen, D. Z., Huang, M. H., & Zhao, Y. H. (2012). The inventive activities and collaboration pattern of university–industry–government in China based on patent analysis. Scientometrics, 90(1), 231-251.
Lema, R., Berger, A., & Schmitz, H. (2013). China's impact on the global wind power industry. Journal of Current Chinese Affairs, 42(1), 37-69.
Leydesdorff, L., & Etzkowitz, H. (1996). Emergence of a Triple Helix of university—industry—government relations. Science and public policy, 23(5), 279-286.
Liefner, I. (2003). Funding, resource allocation, and performance in higher education systems. Higher education, 46(4), 469-489.
McCall Jr, M. W. (2010). Recasting leadership development. Industrial and Organizational Psychology, 3(1), 3-19.
McConnell, J. J., & Muscarella, C. J. (1985). Corporate capital expenditure decisions and the market value of the firm. Journal of financial economics, 14(3), 399-422.
Mintzberg, H. (1973). Strategy-making in three modes. California management review, 16(2), 44-53.
Mirae Asset. (2020). The Innovation Race: How China’s Polysilicon Industry Has Upped Its Game. Mirae Asset Gllobal Investments. Hong Kong, China. Retrieved from https://www.am.miraeasset.com.hk/insight/the-innovation-race-chinese-polysilicon-industry/
Mission-Innovation. (2015, November 30). Mission Innovation Joint Lauch Statement. Mission Innovation. Retrieved from http://www.mission-innovation.net/about-mi/overview/joint-launch-statement/
Mission Innovation. (2019). Mission Innovation Country Highlights. Mission Innovation. Retrieved from http://mission-innovation.net/wp-content/uploads/2019/05/MI-Country-Highlights-2019.pdf
Mohrman, S. A., Cohen, S. G., & Morhman Jr, A. M. (1995). Designing team-based organizations: New forms for knowledge work. Jossey-Bass.
Mora-Valentin, E. M., Montoro-Sanchez, A., & Guerras-Martin, L. A. (2004). Determining factors in the success of R&D cooperative agreements between firms and research organizations. Research policy, 33(1), 17-40.
Mothe, C., & Quélin, B. (2000). Creating competencies through collaboration:: The case of EUREKA R&D consortia. European Management Journal, 18(6), 590-604.
MOTIE. Operation Guidelines for Projects for Innovation of Industrial Technology, Pub. L. No. 201890 (2018). South Korea. Retrieved from https://elaw.klri.re.kr/eng_mobile/viewer.do?hseq=49642&type=part&key=18
O’Regan, K. M., & Oster, S. M. (2000). Nonprofit and for-profit partnerships: Rationale and challenges of cross-sector contracting. Nonprofit and Voluntary Sector Quarterly, 29(1_suppl), 120-140.
Park, M., Barrett, M., & Cassarino, T. G. (2019). Assessment of future renewable energy scenarios in South Korea based on costs, emissions and weather-driven hourly simulation. Renewable Energy, 143, 1388-1396.
Pevcin, P. (2004). Does optimal spending size of government exist? European Group of Public Administration Conference, (1994), 1-4 September.
Pilkington, A., Dyerson, R., & Tissier, O. (2002). The electric vehicle:: Patent data as indicators of technological development. World patent information, 24(1), 5-12.
Romer, P. (1990). Endogenous technical progress. Journal of political economy, 98(5), 71-103.
Scully, G. W. (1995). The “growth tax” in the United States. Public Choice, 85(1), 71-80.
Spanos, Y. E., Vonortas, N. S., & Voudouris, I. (2015). Antecedents of innovation impacts in publicly funded collaborative R&D projects. Technovation, 36, 53-64.
Tobin, J. (1958). Estimation of relationships for limited dependent variables. Econometrica: journal of the Econometric Society 26(1), 24-36.
Tsai, K. H., & Wang, J. C. (2005). Does R&D performance decline with firm size?—A re-examination in terms of elasticity. Research Policy, 34(6), 966-976.
Varadarajan, P. R., & Cunningham, M. H. (1995). Strategic alliances: a synthesis of conceptual foundations. Journal of the academy of marketing science, 23(4), 282-296.
Wang, D. D. (2019). Performance-based resource allocation for higher education institutions in China. Socio-Economic Planning Sciences, 65, 66-75.
World Bank. (2014). Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries. Washington, D.C. Retrieved from https://www.infodev.org/infodev-files/green-industries.pdf
Yukl, G. A. (2012). Leadership in Organizations 8th Edition. New York: Pearson.
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Submitted
2021-02-08
Accepted
2021-03-10
Published
2021-04-23
How to Cite
Kim, D., Jang, S., Jung, S., & Hwang, J. (2021). Assessment of Research Collaborations for Improving Intellectual and Economic Performance in Public Renewable Energy R&D. The Asian Journal of Technology Management (AJTM), 14(1), 57–74. https://doi.org/10.12695/ajtm.2021.14.1.4
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