Analysis on the Factors Influencing Government’s R&D Investment Outcome in the IT Industry

Abstract

The purpose of this study is to analyze the effects of government’s R&D investment outcome on the IT industry. The analysis of R&D investment outcome developed emphasizing qualitative outcome more than quantitative outcome. However, it is still leaning on technological outcome-centered methods, having relatively little interest in inputs that actually determine the outcome. Thus, this study intends to focus on the qualitative attributes of input resources. The results of the empirical analysis can be summarized as follows. In raising technological outcome and commercialization outcome of R&D investment, more funds per researcher and numbers of researchers and a longer development period had positive effects. However, a higher ratio of doctors had positive effects only on technological outcome (papers and patents), It is believed that leading to commercialization outcome needed a long period, but the period of task development was only an average of two years. On the contrary, collaboration had negative effects on technological process, which indicates that collaboration between two organizations having conflicting interests would lead to negative effects on the outcome. The results show that the qualitative attributes of input resources have significant effects on R&D investment outcome, and imply that it is necessary to emphasize the qualitative attributes from the input stage to promote government’s R&D investment outcome in the future.