• Journal of Technology Innovation
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• v.31 no.2
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• pp.111-133
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• 2023

Innopolis start-up has become a representative model and path for commercialization of public technology. Along with the quantitative growth of innopolis start-up, the importance of innopolis start-up in national policies and institutional strategies related to public technology commercialization has also increased. However, over the past 16 years, innopolis start-up's establishment and growth have taken place in different ways at different times. This study aims to compare and analyze changes in innopolis start-up over the past 16 years, focusing on comparisons before and after 2014, when the establishment of innopolis start-up began to increase rapidly. Main findings are as follows. First, in the early stage of the quantitative expansion period, policy changes related to innopolis start-up were the main factors for the increase in innopolis start-ups. In addition, the rapid increase in the establishment of innopolis start-up after 2016 was largely influenced by changes in the start-up environment and institutional changes related to innopolis start-up. Second, the time of registration and size of the capital of innopolis start-up had a statistically significant effect on the sales for 3 years after registration. This result shows that with the rapid increase in innopolis start-ups, the need to build a customized support system for innopolis start-ups by size or growth stage has increased.

• 한국벤처창업학회:학술대회논문집
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• 2023.11a
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• pp.179-186
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• 2023

공공기술 사업화와 벤처창업 생태계 활성화를 위해 정부의 막대한 투자로 지난 2006년 부터 1,600호 이상의 연구소기업이 등록, '21년 기준 1.1조원 규모의 매출이 발생 등의 양적 성과에도 연구소기업 1개당 평균 매출액 등의 질적 성과가 지속적으로 하락하는 문제를 인식하였으며, 연구소기업 설립형태 중 가장 시장지향적인 합작투자 형태의 기업 성과가 가장 좋았다는 연구 데이터를 시작으로 질적 성과 하락의 원인을 경영자의 기술지향성과 시장지향성을 주목하게 되었다. 본 연구는 그동안 선행연구를 통해 입증되었던 기업의 기술지향성과 시장지향성이 경영성과에 미치는 영향이 연구소기업도 실제 적용되는지 실증적 연구를 수행하였다. 본 연구목표를 달성하기 위해 총 1,289개의 현행 연구소기업을 연구대상으로 실증 분석하였다. 연구결과를 예측해보면 첫째, 기술지향성의 기술우수성, 기술집약도, 기술혁신성 모두 경영성과에 유의한 영향을 미치는 것으로 판단된다. 둘째, 시장지향성의 고객지향성, 경쟁지향성, 집입장벽 모두 경영성과에 유의한 영향을 미칠 것으로 판단된다. 본 연구결과를 통해 기술지향성과 시장지향성 모두 연구소기업 경영성과에 직접적 영향을 미치며, 연구소기업 성장에 영향을 미치는 중요 요인임을 확인하였다. 그리고 연구소기업 기술지향성과 시장지향성 강화에 대한 연구의 필요성을 규명하고, 연구소기업 설립요건 변경, 지원사업 다각화 등 정책적 변화의 필요성을 제시하였다. 향후 연구에서는 연구소기업 기술지향성과 시장지향성을 높일 수 있는 정책 연구가 필요하고, 연구소기업 질적 성과 제고를 위한 다양한 관점에서의 연구가 지속될 필요가 있다고 판단된다.

• Proceedings of the KAIS Fall Conference
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• 2009.12a
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• pp.232-236
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• 2009

본 논문의 목적은 대덕특구내 공공연구기관이 보유한 연구성과의 기술사업화를 촉진하기 위해 2006년부터 도입한 연구소기업 제도가 연구소기업의 성과창출에 실질적인 기여를 하고 있는지를 평가하고 이에 대한 개선방안을 제시하고자 한다. 본문은, 첫째 현 단계 연구소기업의 기술사업화 성과를 측정하기 위해 현재 지정된 16개 연구소 기업중 일부인 5개 표본 연구소기업의 경영성과를 재무요인 중심으로 평가하였다. 둘째, 연구소기업의 설립 및 운영제도에 대해 기술사업화 성과제고 측면에서 그 효과성을 평가하여 개선방안을 제시하였다. 셋째, 연구소기업의 설립과 운영과정이 실질적인 기업성과를 창출을 견인하기 위해서는 양적성과 중심의 제도개선 보다는 효과적인 연구소 기업 기술사업화 모델이라는 소프트웨어적 프로그램 개발이 요구됨을 인식하고 이에 대한 효과적인 연구소기업 기술사업화 모델을 제시하였다. 이를 통해 본 논문은 대덕특구 내 설립된 연구소기업이 당초 의도했던 기술사업화 성과를 성공적으로 달성하는데 기여할 것이며 더 나아가 향후 창출될 연구소 기업의 선정, 평가, 지원 등에도 큰 기여를 할 것으로 평가한다.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2017.08a
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• pp.49-64
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• 2017

정부는 지역의 내생적인 역량을 바탕으로 지역혁신을 활성화하기 위하여 지역별로 연구개발특구 제도를 시행하고 있다. 연구개발특구내 각종 세제혜택과 정책적인 지원을 받는 연구소기업 제도는 지역혁신활성화를 위해 새롭게 등장한 혁신액터이다. 그러나, 이러한 연구소기업의 모형에 대한 연구는 체계적으로 이루어지지 않고 있으며, 대부분의 기업혁신활동에 대한 연구는 수도권과 대전 중심으로 이루어졌다. 본 연구에서는 기업대표를 대상으로 우수 연구소기업 모형 선정을 위한 요소들을 선정하고 AHP(계층적 분석기법)을 통하여 우수 모형을 선정하였다. 그 결과, 우수한 연구소기업 모형을 선정하는 데 가장 중요한 요인은 기술요인으로 나타났으며, 그 중 기술의 우수성을 최우선적으로 선택하였다. 또한, 세가지 연구소기업 모형 중, 합작투자형을 가장 선호하는 것으로 조사되었다. 본 연구는 지역을 기반으로 체계적인 우수 연구소기업 모형을 선정하는 시스템을 확립하고 정책적 시사점을 도출하는 성과를 거두었으며, 특히 제2의 도시임에도 불구하고 혁신클러스터 논의에서 소외된 부산지역을 중심으로 본 연구가 진행된 것에 큰 의미가 있다. 향후 설문범위와 숫자를 확대한다면 더 좋은 정책적 의미를 거둘 수 있을 것으로 보인다. 향후 연구소기업의 모형에 따른 장단점 분석과 함께 지역에서의 기술혁신활동에 대한 연구가 더욱 증가되어야 할 것이다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.1
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• pp.287-294
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• 2010

The focus of this paper falls on assessing how well rule of crafting government R&D institution spin-off companies(GRSCs), legitimatized to boost up technology commercialization of government research institutions(GRIs) at Daedeok Innopolis in 2006, affect the better business performance of GRSCs, but also delivering alternatives of driving up their better business. First of all, this paper evaluate a management performance of GRSCs at the financial aspect by taking 5 different GRSCs cases among 16 to measure the overall performance of GRSCS's Technology commercialization. Second, this paper assess the effectiveness of GRSCs to bring the better performance of technology commercialization. Third, this paper suggest soft program-centered technology commercialization model, rather institution and ceremonial-oriented one, for GRIs. Overall, the outcomes of this paper will contribute to accommodate the rule of GRSCs attaining goals set in the initial policy domain.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.9
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• pp.74-82
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• 2016

The term research institute spin-offs refers to new firms created by public research institutes. These spin-offs are different from other start-ups in two respects: on the one hand, they should be located in the Special Research and Development Zones and, on the other hand, these firms are supposed to commercialize the results of public R&D activities. These spin-off firms show higher rates of survival and job creation than general new firms, which means that their contribution to economic growth is not negligible. The present study analyzes the factors affecting research institute spin-offs using a random effect panel logit model and negative binomial model. From previous studies, four elements are identified as playing an important role in the commercialization of public R&D through spin-offs, namely their organizational character, research capability, technological character, and geographical location. The empirical results demonstrate that government research institutes with more researchers and patents are more likely to create new firms. In addition, the location of the institutes significantly affects the probability of their creating spin-offs and their number. When the technological stage and TLO size are considered, however, it turns out that the number of researchers and technological stage play important roles in the spin-offs.

• Proceedings of the Korean Society of Crop Science Conference
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• 2021.10a
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• pp.77-77
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• 2021

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.9 no.1
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• pp.69-77
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• 2014

Innopolis start-ups belong to the category of the research-based spin-offs, but in the meantime, has characteristics that separate them from the research-based spin-offs in terms of the process of technology commercialization. This study aims to assess the impacts of the foundation and management of the Innopolis start-ups in terms of expansion of entrepreneurship through entrepreneurial intention of researchers and economic achievements. A data set from 22 Innopolis start-ups and 200 researchers in 14 PRIs through door-to-door interviews and surveys is studied. Main findings are as follows: First, the foundation of the Innopolis start-up has a positive and strong impact on expansion of entrepreneurship through entrepreneurial intention of researchers. Second, technology transfer performance of researchers turns out to be major factor that affects entrepreneurial intention. Third, expansion of entrepreneurship, along with economic achievements characterized by sales, job creation and R&D investment, is a positive effect of the foundation and management of the Innopolis start-ups. The results of this paper provide an opportunity to test whether Innopolis start-up's strength in technology commercialization can be applied to actual management of the Innopolis startup and to examine the general direction in which the foundation and management of the Innopolis start-ups is heading.

• Journal of Korea Technology Innovation Society
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• v.21 no.4
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• pp.1445-1473
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• 2018

This study aims to analyze research-based spin-off companies, which are established in Innopolis to promote the commercialization of R&D outputs of public institutions. We analyzed 175 technology-based start-ups, which were founded before 2016, to examine how the companies' capabilities affect the sales growth rate. The results show that technological capability and entrepreneurial capability have positive relations with sales growth, while network capability and finance capability do not have significant associations. In addition, R&D intensity (R&D expenditure per employee) has moderating effects on the association between firm capabilities and sales growth rate since it strengthens the effect of technological capability and entrepreneurial capability but weakens the influence of network capability. This study contributes to widening the understanding of the importance of capabilities of research-based spin-off companies and their performance, and differs from most previous literature since it uses objective and quantitative data. It further suggests policy implications that the enhancement of technological and entrepreneurial capability are important for the stable growth of technology-based startups in the early stage.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.19 no.1
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• pp.119-133
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• 2024

As a result of significant investments by the government in promoting public technology commercialization and fostering a venture startup ecosystem, there have been quantitative achievements, such as the registration of over 1,600 Innopolis Start-ups since 2006, generating a total revenue of 1.1 trillion won as of 2021. However, these achievements have been overshadowed by critical qualitative challenges, including a continuous decline in average revenue per Innopolis Start-up. This led to a focus on whether managers' technological and market orientations affect business performance. This study aims to provide insights into improving the qualitative growth of Innopolis Start-ups by analyzing the effects of technological and market orientations on business performance, as well as the moderating effects of adjusting marketing and research and development (R&D) costs on this relationship. Through prior research and empirical analysis, this study derives three main findings. First, technological excellence and innovation significantly influence the business performance of Innopolis Start-ups, while technological intensity does not. Second, customer orientation and competitive orientation significantly impact business performance, whereas entry barriers as a single factor do not. Third, adjusting marketing and R&D costs, as controlled variables obtained through general situations, has no direct impact on other variables. However, it interacts with entry barriers, influencing financial business performance, with R&D costs exhibiting a negative buffering effect and marketing costs showing a positive enhancing effect. This study confirms that both technological and market orientations directly influence the business performance of Innopolis Start-ups, thus being crucial factors affecting their growth. Moreover, it establishes that investments in marketing and R&D play significant roles in alleviating initial entry barriers and enhancing financial performance. Consequently, it underscores the importance of reinforcing technological and market orientations tailored to the characteristics of Innopolis Start-ups. Additionally, it proposes five theoretical contributions: strengthening institutional support systems for technology commercialization and innovation, improving qualitative evaluation criteria during the selection process of Innopolis Start-ups, conducting comprehensive analyses of technological and market aspects during startup selection, enhancing support for marketing education and consulting for smooth market entry, and supporting expenditure strategies and milestone setting tailored to the industrial characteristics of individual Innopolis Start-ups.