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R&D performance and relevant factors of renewable energy projects: separating innovation and economic perspectives

Many countries, including South Korea, focus on securing renewable energy technologies to cope with climate change and foster new industries. This study analyzed R&D performance and relevant factors through tracking data on the Korean government’s renewable energy R&D project, which ended in...

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Detalles Bibliográficos
Autores principales: Woo, C., Chun, D.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9013244/
https://www.ncbi.nlm.nih.gov/pubmed/35464816
http://dx.doi.org/10.1007/s13762-022-04124-9
Descripción
Sumario:Many countries, including South Korea, focus on securing renewable energy technologies to cope with climate change and foster new industries. This study analyzed R&D performance and relevant factors through tracking data on the Korean government’s renewable energy R&D project, which ended in 2010–2014. The main findings provide several meaningful information. First, the overall performance of completed projects is relatively low, both innovation and economic perspectives. Second, renewable energy source, R&D organizer, and The R&D stage are relevant factors on R&D performance. The R&D stage significantly influences innovation performance. Lastly, R&D performance is under an imbalance between innovation and economic perspectives. This paper can provide useful information to policy and decision-makers to improve future R&D project performance. In addition, scholars also may refer to related researches. Ultimately, we expect to promote renewable energy R&D projects and help manage their performance. GRAPHICAL ABSTRACT: [Image: see text]