In 1994, Korean construction research and development (R&D) projects received investments amounting to 1.2billion KRW, an amount that rose to 164.8 billion KRW in 2007. Under the current system, construction researchers submit the application records ...
In 1994, Korean construction research and development (R&D) projects received investments amounting to 1.2billion KRW, an amount that rose to 164.8 billion KRW in 2007. Under the current system, construction researchers submit the application records of Construction Research and Development (R&D) in construction projects to the Korea Institute of Construction & Transportation Technology Evaluation and Planning. The performance of Construction R&D projects has thus been dependent on the subjective reporting of the results by the researchers themselves. For this reason, it is difficult to secure confidence in the records of Construction Research and Development.
Therefore, this research suggested measures for revitalizing Construction Research and Development, analyzed approaches to cost-saving in Construction Research and Development, and analyzed economic effectiveness in the results of construction R&D.