Article ID: | iaor200970293 |
Country: | South Korea |
Volume: | 26 |
Issue: | 1 |
Publication Date: | Mar 2009 |
Journal: | Korean Management Science Review |
Authors: | Kim Yun Jong, Jung Uk, Yim Seongmin, Jeong Sangki |
Keywords: | computers, analytic hierarchy process, research |
Korean IT industry has been given much weight in national R&D management. A negative side of this fact is that Korean economy is likely to become vulnerable to a condition of the export business in certain items of IT industry which has a serious influence on the national economy. A customized investment strategy through the analysis of technology competitiveness and R&D status in each technology of IT field is required in order to rectify the structural vulnerability and pursue a continuous growth. In this research, a strategic direction to set up an efficient investment strategy is presented. In this process, it draws a portfolio analysis with two axes of technology level and technology life cycle. It also derives a priority order of the national investment considering the degree of technological impact, marketability, and adequacy of public support from AHP (Analytic Hierarchy Process) method by a survey of IT experts. A portfolio analysis in the prior stage helps the respondents in AHP become more familiar with the alternatives' characteristics so that their decision making process more corresponds with national R&D strategies.