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

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 abili...

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Veröffentlicht in:Evaluation and program planning 2007-02, Vol.30 (1), p.10-20
Hauptverfasser: Sohn, S.Y., Gyu Joo, Yong, Kyu Han, Hong
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creator Sohn, S.Y.
Gyu Joo, Yong
Kyu Han, Hong
description 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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subjects Commerce - economics
Effectiveness
Engineering - economics
Engineering - methods
Financial support
Financing, Government - standards
Financing, Government - statistics & numerical data
Financing, Organized - standards
Financing, Organized - statistics & numerical data
Foundations
Government grants
Humans
Korea
MBNQA
Models, Econometric
Performance index
Program Evaluation - methods
R&d funding
Research and development
Research Support as Topic - organization & administration
Research Support as Topic - standards
Research Support as Topic - statistics & numerical data
Science - economics
Science - methods
Structural equation model
Structural equation models
Technology - economics
Technology - methods
Total Quality Management
title Structural equation model for the evaluation of national funding on R&D project of SMEs in consideration with MBNQA criteria
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