Effective Analysis of the Korean Energy Technology R&D Projects using Cross-plot Analysis

Abstract

This study analyzes the effectiveness of the Korean government's technology R&D projects in energy conservation, which were implemented from 1992 to 2000. Applying the energy technology tree, we classified the projects into five major sectors: industry, furnace/metal, building, transportation, and electricity. The results and outcomes of the R&D projects were analyzed via cross-plot analyses by using the commercialization success ratio, royalty payments, and project budgets. Statistical analyses showed that 50 projects were commercially successful, which represents 12.9% of 387 projects. About 32% of the projects were ranked as “excellent” and about 12% of the projects were discontinued ones.

Keywords:

• commercialization success ratio
• cross-plot analysis
• energy conservation technology
• energy technology tree
• royalty payments