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{"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&D programs. Since not all of programs are aligned with the ultimate vision and R&D investment is one of the most decisive elements, the strategic fit of national R&D programs should be evaluated for effective resource allocation. This study aims at identifying the factors of strategic fit of national R&D program on the creative economy policy. For this purpose, the balanced scorecard (BSC) model for R&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. 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