Case study: An assessment of the economic service life of research equipment in the Korean public research institutes

IF 1 4区经济学 Q4 BUSINESS

Engineering Economist Pub Date : 2021-10-27 DOI:10.1080/0013791X.2021.1995093

Jeong-Gi Lee, Deok-Joo Lee, Piao Ri, Kyung-Taek Kim, Sung-joon Park

引用次数: 0

Abstract

Abstract Recently, as the effective use of research equipment has been regarded as a prerequisite condition to maximize research and development (R&D) outcomes, the problem of replacing aging or obsolete research equipment has become important. The purpose of this article is to assess the economic life of R&D equipment empirically using data gathered from public R&D institutes in Korea. We developed a systematic model to apply traditional engineering economic concepts and estimated the economic service life of research equipment based on size and utilization purpose of the equipment. Finally, this study suggests a policy scheme for efficient replacement of research equipment based on our estimation results.

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案例研究:韩国公共研究机构研究设备的经济使用寿命评估

近年来，随着科研设备的有效利用被视为实现研发成果最大化的前提条件，老化或过时的科研设备的更新换代问题变得越来越重要。本文的目的是利用从韩国公共研发机构收集的数据对研发设备的经济寿命进行实证评估。运用传统的工程经济概念，建立了系统的模型，根据科研设备的尺寸和使用目的，对科研设备的经济使用寿命进行了估算。最后，在此基础上提出了科研设备高效更新的政策方案。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Engineering Economist ENGINEERING, INDUSTRIAL-OPERATIONS RESEARCH & MANAGEMENT SCIENCE

CiteScore

2.00

自引率

0.00%

发文量

审稿时长

>12 weeks

期刊介绍： The Engineering Economist is a refereed journal published jointly by the Engineering Economy Division of the American Society of Engineering Education (ASEE) and the Institute of Industrial and Systems Engineers (IISE). The journal publishes articles, case studies, surveys, and book and software reviews that represent original research, current practice, and teaching involving problems of capital investment. The journal seeks submissions in a number of areas, including, but not limited to: capital investment analysis, financial risk management, cost estimation and accounting, cost of capital, design economics, economic decision analysis, engineering economy education, research and development, and the analysis of public policy when it is relevant to the economic investment decisions made by engineers and technology managers.