Xu, Ching-rui,"Applications of System Dynamics in R&D Project Planning and Policy Analysis", 1984
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Emphasis on economic effectiveness and benefit in our country results in the emphasis of economic analysis in project planning and evaluation during recent several years. The weakness of existing approaches in project planning and analysis to certain extent is lack of dynamic in nature. The effectiveness of system dynamic approach in project planning and analysis is not only due to its systematic and dynamic analysis, but also due to its value in quantitative analysis and policy analysis. The idea and model of R&D project planning is useful in solving the above-mentioned problems. The learning curve nature in development activities. Adoption of task-performance coefficient as a factor in R&D system dynamics modeling. The labor psychological factor in our country and its characteristics in formulation of system dynamics simulation model. R&D as a major element is involved in the model. Policy analysis through simulation running is an important basis for decision-making in R&D project planning.