The policy research of preliminary feasibility study for the government R&D innovation strategy

The government conducts feasibility studies as a way of determining allocated amounts in the government budget. It rationally adjusts the priorities of policymakers regarding new projects that will receive large budgets in the process of budgeting. In this article, efficient improvement plans and policies are proposed through research on preliminary feasibility studies for the government research and development (R&D) innovation strategy. First, the concept of a preliminary feasibility study and its methods are presented and discussed. A questionnaire survey was conducted on professional groups for the improvement of preliminary feasibility studies. The survey results were then subjected to influence factor analysis, and the results were used for research on the preliminary feasibility study improvement for the government R&D innovation strategy. These findings are expected to significantly contribute to improving the government’s public investment and science and technology policies.