%0 Journal Article
%T Efficiency Analysis of the Royalty System from the Perspective of Open Innovation
%A Byung Yong Hwang
%A Dae Cheol Kim
%A Hee Ju Jun
%A Mee Hyang Chang
%J -
%D 2018
%R https://doi.org/10.3390/joitmc4030022
%X Abstract The purpose of this study is to suggest efficiency improvement using the analysis of the efficiency of the royalty system for government-funded research institutes (GRIs) belonging to the National Research Council of Science & Technology (NST). Twenty three GRIs¡¯ royalty incomes and expenses (2013¨C2015) were analyzed using the data envelopment analysis (DEA) model. First, Research Model 1 was used to find out if the obligated expense category¡¯s distribution ratio were efficient. Five Charnes, Cooper and Rhodes (CCR) model organizations and 14 Banker, Charnes and Cooper (BCC) model organizations demonstrated 100% efficiency. With the exception of the obligated expense category, Research Model 2 was used. Seventeen CCR model organizations and 18 BCC model organizations demonstrated 100% efficiency. GRIs were divided into efficient and inefficient organizations using each model, and potential improvements and benchmarking decision-making units (DMUs) were found for inefficient organizations. Second, multiple regression analysis in Research Model 2 was used to analyze the cause of the efficiency to find factors that influenced the transfer of technology and license improvement. Third, there were efficiency differences among research organizations as a result of the efficiency analysis considering the research organization type with respect to the constant returns to scale (CRS) efficiency of Research Models 1 and 2. Thus, different policies should be applied to improve the efficiency. Finally, the possible improvements, future directions and limits of this study are discussed. View Full-Tex
%K national R&D program
%K government-funded research institutes (GRIs)
%K royalty system
%K efficiency
%U https://www.mdpi.com/2199-8531/4/3/22