Research on the technology level evaluation methodology using a technology growth model

It is important to evaluate exact technology level for the establishment of strategic national R&D policy. In the 2^nd S&T basic plan of Korea, 90 core technologies were selected, which are important for Korea to enhance its S&T capability. As a first step to develop proper R&D strategies for these core technologies, Korean government evaluated the technology level using a different methodology and verified the effectiveness of the applied methodology. Typically relative technology level is measured compared to the world best level. But in this research, a dynamic method was applied to evaluate exact technology level. A dynamic method applied in this research using a technology growth model measures absolute technology level relative to the possible maximum level of the technology. Also using an appropriate growth model, rate of technology growth and change in technology gap could be utilized to estimate possibilities of catching-up a technology and propose a proper R&D strategy, if any. In this paper the dynamic evaluation process and the effectiveness of this methodology with an evaluation example are described.