%0 Journal Article
	%A Ie-jung Choi
	%D 2012
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 71, 2012
	%T Estimating Cost of R&D Activities for Feasibility Study of Public R&D Investment
	%U https://publications.waset.org/pdf/6620
	%V 71
	%X Since the feasibility study of R&D programs have been
initiated for efficient public R&D investments, year 2008, feasibility
studies have improved in terms of precision. Although experience
related to these studies of R&D programs have increased to a certain
point, still methodological improvement is required. The feasibility
studies of R&D programs are consisted of various viewpoints, such as
technology, policy, and economics. This research is to provide
improvement methods to the economic perspective; especially the cost
estimation process of R&D activities. First of all, the fundamental
concept of cost estimation is reviewed. After the review, a statistical
and econometric analysis method is applied as empirical analysis.
Conclusively, limitations and further research directions are provided.
	%P 2824 - 2827