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The International Journal of Management Science and Information Technology (IJMSIT)

The international journal of management Science and information technology (IJMSIT) is a refereed journal and publishes high-quality theoretical and empirical papers in the areas of management science and information technology. This journal reports the impact of information technologies on the managerial and organizational topics. IJMSIT develops a comprehensive and theoretical framework by using a multidisciplinary approach to management and information technology for researchers and practitioners.

 


Editor-in-chief: J. J. Ferreira, University of Beira Interior, Portugal, Email: jjmf@ubi.pt
Published: Quarterly
Copyright: 2012, North American Institute of Science and Information Technology (NAISIT)
ISSN: ISSN 1923-0265 (Print) - ISSN 1923-0273 (Online) - ISSN 1923-0281 (CD-ROM)

Qualitative and quantitative methodological approach for evaluating public R&D funding
6 : Issue 6 - (Oct-Dec 2012) ( 2013-01 )

Abstract:

This paper presents and demonstrates a qualitative and quantitative methodological approach to the evaluation of public Research and Development (R&D) funding. This approach aims to support rather than replace traditional evaluation approaches, by focusing on the input, output and behavioural effects of public R&D funding. This study employs as an evaluation model an adapted impact analysis model of the Finnish Funding Agency for Technology and Innovation (TEKES), including additionality theory and other evaluation methods. In addition, an evaluation tool is proposed in which R&D indicators are arranged in portfolios. Furthermore, a data repository mechanism is designed, and a computational tool for computing and displaying evaluation results is employed - a customised web-based application centred by an ontological evaluation model. The methodological approach is articulated, explained, illustrated and discussed by employing R&D programmes granted by the Greek funding agency. The results display both a standardised approach that can be applied to R&D funding evaluation, as well as a flexible and modular approach that can be adapted according to the objectives and policies of funding agency. The main benefits of this methodology are the ease of decoding quantitative and qualitative evaluation attributes in an automated way with low cost; and the ability to evaluate results objectively, in addition to producing outcomes in a broad and comparative manner. The challenge in this methodological approach is focused on three key areas: the exploitation of new evaluation tools, the elevation of hidden information, and the formulation of appropriate questions beneficial to revealing the effectiveness of government R&D funding mechanism

Author(s): Dr Nikolas Georgiadis - Greece - Head of Research and Documentation Department, Hellenic Quality Assurance and Accreditation Agency (HQA) in Higher Education
Dr Dimitra Iliopoulou - Greece - School of Electrical and Computer Engineering Division of Information Transmission Systems and Material Technology, National Technical University of Athens
Professor Vicky Manthou - Greece - Department of Applied Informatics, University of Macedonia, Thessaloniki
Professor Dimitris Koutsouris - Greece - School of Electrical & Computer Engineering, National Technical University of Athens
Keywords: R&D evaluation, methodological approach, qualitative and quantitative, evaluation ontology model
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