CINXE.COM

{"title":"A Balanced Scorecard for Identifying Factors of Strategic Fit of National R&D Program on the Creative Economy Policy ","authors":"Jieun Kim, Haejin Cho, Yongtae Park, Yoonjo Kim, Jeonghwan Jeon","volume":82,"journal":"International Journal of Industrial and Manufacturing Engineering","pagesStart":2055,"pagesEnd":2060,"ISSN":"1307-6892","URL":"https:\/\/publications.waset.org\/pdf\/17179","abstract":"<p>As creative economy is important theme for national policy, many countries have been raising investments through national R&amp;D programs. Since not all of programs are aligned with the ultimate vision and R&amp;D investment is one of the most decisive elements, the strategic fit of national R&amp;D programs should be evaluated for effective resource allocation. This study aims at identifying the factors of strategic fit of national R&amp;D program on the creative economy policy. For this purpose, the balanced scorecard (BSC) model for R&amp;D is utilized to translate national strategic objectives into a set of coherent performance factors.<\/p>\r\n","references":"[1] J. Howkins, Creative Economy: How People Make Money from Ideas. \r\nPenguin Books, 2001. \r\n[2] A. Markusen, G. H. Wassall, D. DeNatale, and R. Cohen, \u201cDefining the \r\ncreative economy: Industry and occupational approaches,\u201d Economic \r\nDevelopment Quarterly, vol. 22, pp. 24\u201345, 2008. \r\n[3] M. Lee, B. Son, and K. Om, \u201cEvaluation of national R&D projects in \r\nKorea,\u201d Research Policy, vol. 25, pp. 805\u2013818, 1996. \r\n[4] E. C. Wang, and W. Huang, \u201cRelative efficiency of R&D activities: A \r\ncross-country study accounting for environmental factors in the DEA \r\napproach,\u201d Research Policy, vol. 36, pp. 260\u2013273. 2007 \r\n[5] G. A. Neufeld, P. A. Simeoni, and M. A.Taylor, \u201cHigh-performance \r\nresearch organizations,\u201d Research Technology Management, vol. 44, pp. \r\n42\u201352, 2001. \r\n[6] W. G. Bremser, and N. P. Barsky, \u201cUtilizing the balanced scorecard for \r\nR&D performance measurement,\u201d R&D Management, vol. 34, pp. \r\n229\u2013238, 2004. \r\n[7] H. Reisinger, K. S. Cravens, and N. Tell, \u201cPrioritizing performance \r\nmeasures within the balanced scorecard framework,\u201d Management \r\nInternational Review, vol.43, pp. 429\u2013437, 2003. \r\n[8] R. Poveda-Bautista, D. C. Baptista, and M. Garc\u0131\u00b4a-Melo\u00b4 n, \u201cSetting \r\ncompetitiveness indicators using BSC and ANP,\u201d International Journal \r\nof Production Research, vol. 50, pp. 4738\u20134752, September 2012. \r\n[9] H. Eilat, B. Golany, and A. Shtub, \u201cR&D project evaluation: An \r\nintegrated DEA and balanced scorecard approach,\u201d Omega, vol. 36, pp. \r\n895\u2013912, 2008. \r\n[10] R. Florida, The Rise of Creative Class\u2026and How It\u2019s Transforming Work, \r\nLeisure, Community and Everyday Life. New York: Basic Books, 2002. \r\n[11] Home Affairs Bureau, the Hong Kong Special Administrative Region \r\nGovernment, A Study on Creativity Index. 2005. \r\n[12] L. Kong, C. Gibson, L. M. Khoo, and A. L. Semple, \u201cKnowledges of the \r\ncreative economy: towards a relational geography of diffusion and \r\nadaptation in Asia,\u201d Asia Pacific Viewpoint, vol. 47, pp. 173\u2013194, August \r\n2006. \r\n[13] R. S. Kaplan, and D. P. Norton, \u201cThe balanced scorecard measures that \r\ndrive performance,\u201d Harvard Business Review, vol. January\u2013February, pp. \r\n71\u201379, 1992. \r\n[14] T. Garc\u00eda-Valderrama, E. Mulero-Mendigorri, and D. Revuelta-Bordoy, \r\n\u201cA Balanced Scorecard framework for R&D,\u201d European Journal of \r\nInnovation Management, vol. 11, pp. 241\u2013281, 2008. \r\n[15] R. Florida, and I. Tinagli, Europe in the Creative Age. 2004. \r\n[16] T. M. Amabile, \u201cThe social psychology of creativity: a componential \r\nconceptualization,\u201d Journal of Personality and Social Psychology, vol. \r\n45, pp. 357\u2013376, 2005. \r\n[17] M. Csikszentmihalyi, \u201cSociety, culture, and person: a systems view of \r\ncreativity,\u201d in The Nature of Creativity, R. J. Sternberg, Ed. New York: \r\nCambridge University Press, 1988. \r\n[18] M. Sundgren, E. Dimena, J. Gustafsson, and M. Selart, \u201cDrivers of \r\norganizational creativity: a path model of creative climate in \r\npharmaceutical R&D,\u201d R&D Management, vol. 35, pp. 359\u2013374, 2005. \r\n[19] D. Mietzner, and M. Kamprath, \u201cA competence portfolio for \r\nprofessionals in the creative industries,\u201d Creativity and Innovation \r\nManagement, to be published. \r\n[20] D. Miller, \u201cThe correlates of entrepreneurship in three types of firms,\u201d \r\nManagement Science, vol. 29, pp. 770\u2013791, 1983. \r\n[21] M. von Zedtwitza, O. Gassmann, and R. Boutellier, \u201cOrganizing global \r\nR&D: challenges and dilemmas,\u201d Journal of International Management, \r\nvol. 10, pp. 21\u201349, 2004. \r\n[22] R. J. Sternberg, and T. I. Lubart, \u201cThe concept of creativity: prospects and \r\nparadigms. In R. J. Sternberg (Ed.), Creativity research handbook, New \r\nYork, NY: Cambridge University Press. \r\n[23] D. M. West, \u201cImproving university technology transfer and \r\ncommercialization,\u201d Washington: Brookings Institution, 2012","publisher":"World Academy of Science, Engineering and Technology","index":"Open Science Index 82, 2013"}