• Title/Summary/Keyword: Company Innovation

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A Study on the Service Innovation using SNS (SNS를 이용한 서비스 혁신 방법에 관한 연구)

  • Lee, Jong-Chan;Lee, Won-Young
    • Journal of IKEEE
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    • v.20 no.3
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    • pp.235-240
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    • 2016
  • In this study, we use the data collected from Twitter, as an SNS(Social Networking Service), for service innovation. This data was collected and processed by Flume. The data set in May 2016 was 4,766 and 15,543 from company S and company X, respectively. We were able to figure out the emotional atmosphere of the two companies through the sentiment analysis(SA) and to find out about the vertical relationship through the bibliometric analysis(BA). Furthermore, we were able to grasp the horizontal relationship through the social network analysis(SNA). It was concluded that SNS was worth while to derive an innovative item.

The Mediation Effect of Open Innovation Activity and Resilience in the Relationship between Preparation Competency for Industry-University Cooperation and Company Performance (산학협력준비역량과 기업성과 간의 관계에서 개방형혁신협업과 회복탄력성의 매개효과)

  • Kim, EungHo;Hong, KwanSoo
    • Journal of Korea Society of Industrial Information Systems
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    • v.27 no.3
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    • pp.145-164
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    • 2022
  • In this study, factors necessary for successful industry-university cooperation of SMEs(small and medium-sized enterprises) were identified. The structure of the TOE (Technology, Organization, Environment) framework was considered for a company's industry-university cooperation preparation capacity, and open innovation collaboration and resilience were utilized as a mediating effect between industry-university cooperation preparation capacity and corporate performance. This study verified the model through a structured questionnaire targeting 204 SMEs with industry-university cooperation experience. As a result, it was confirmed that it was important for companies to make diversified efforts by accommodating industry-university cooperation to obtain results from industry-university cooperation.

IMPROVING GLOBAL SUPPLY CHAIN RISK IDENTIFICATION USING RCF

  • MYUNGHYUN, JUNG;SEYEON, LEE;MINJUNG, GIM;HYUNGJO, KIM;JAEHO, LEE
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.26 no.4
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    • pp.280-295
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    • 2022
  • This paper contains an introduction to industrial problems, solutions, and results conducted with the Korea Association of Machinery Industry. The client company commissioned the problem of upgrading the method of identifying global supply risky items. Accordingly, the factors affecting the supply and demand of imported items in the global supply chain were identified and the method of selecting risky items was studied and delivered. Through research and discussions with the client companies, it is confirmed that the most suitable factors for identifying global supply risky items are 'import size', 'import dependence', and 'trend abnormality'. The meaning of each indicator is introduced, and risky items are selected using export/import data until October 2022. Through this paper, it is expected that countries and companies will be able to identify global supply risky items in advance and prepare for risks in the new normal situation: the economic situation caused by infectious diseases such as the COVID-19 pandemic; and the export/import regulation due to geopolitical problems. The client company will include in his report, the method presented in this paper and the risky items selected by the method.

Innovation in Telecom Services -Framework and Analysis Based on the Case of International Pre-paid Calling Cards in Japan

  • Kumiko, Miyazaki;Wiggers, Edmar
    • Journal of Technology Innovation
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    • v.13 no.2
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    • pp.45-70
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    • 2005
  • Much work on innovation has focused on the manufacturing sector. In this paper, we propose a framework for analyzing innovation in services centred on capability and technology integration. We illustrate the theoretical points made by conducting a case study on an international telephone communications provider Brastel, which introduced significant innovations in international calling services, in the form of rechargeable pre-paid calling card, through effective application of standard IT. Brastel is situated against its main competitors, considering two dimensions of price and service breadth and convenience. A novel technique for measuring competitiveness based on price and service index is introduced. The following competitors were selected: NTT, KDDI, Japan Telecom, Fusion Communications, J-Call / World Link, G-Call, ASP Check, Primus, QuickPhone, and MCI. To create the service index, factors such as ease of use, convenience, number of languages in which the services are available, and additional features were taken into account. The company itself and the rechargeable card innovation were analyzed through in-depth interviews and data collection. It was shown that a competitive advantage was maintained through internal and external capabilities.

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The Evaluation of the Korean Science, Technology, Innovation Policy: A Viewpoint of an Individual Firm, Viromed(Ltd) (기업사례를 통한 과학기술혁신정책의 평가 및 시사점: (주)바이로메드)

  • Seong, Tae-Gyeong
    • Journal of Technology Innovation
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    • v.16 no.2
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    • pp.125-145
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    • 2008
  • The paper evaluates the Korean science, technology, and innovation policy(STIP) in terms of an individual firm. The firm is Viromed(Ltd), a new technology-based venture company in the field of biotechnology. The case is compared with the 'Hwang Project', which is known as a typical failure case in Korea. In order to evaluate the Korean STIP, we establish 6 areas, which are technological infrastructure, institutional infrastructure, human capital infrastructure, technology market, industrial base, and innovation networks. The study shows that the policy schemes relating with technological infrastructure, institutional infrastructure, human capital infrastructure, and industrial base play a positive role in the start-up, development and innovation of Viromed(Ltd). However, we can hardly find the role of Korean government in fostering the technology market, transferring the technological output to economic performance. Although the international networks with the British, American, and Japanese firms or investors were a key success factor of the growth of Viromed(Ltd), the role of the government in this policy area was not enough. As for the 'Hwang Project', we suggest that the government should consider the possibility of commercialization in choosing R&D projects and determining the size of financial aids. Since the evaluation of the Korean STIP is based on an individual firm, the results of the paper need to be confirmed by a systematic comparison with other cases or industries.

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A comparative study between countries on gender diversity, openness and innovation

  • JOLCHUBEKOVA, Jyldyz;KIM, Jae-Jin
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.1
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    • pp.123-136
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    • 2022
  • Purpose - Diversity subject is rising globally, as the proportion of women in the workforce increased to a large extent and the variety of resources became greater. Diversity attempts have appealed more awareness to the value of female participation in various areas, notably in the boardroom and corporate governance. This study tests the relationships among gender diversity, openness, and innovation, at the firm level across countries from the MOI Survey. Research design, data, and methodology - In this study the relationships among gender diversity, openness, and innovation were investigated at the firm level across countries from the Management, Organisation, and Innovation (MOI) Survey. A cross-cultural analysis was conducted based on the empirical evidence from six countries: Germany, India, Lithuania, Poland, Romania, and Russia. Result - The results show that gender diversity is positively related to innovation performance, moreover openness is positively associated with the level of firm innovation. In addition, a company's capability to use knowledge from outside and the creation of new combinations positively influence a firm's potential to innovate. Conclusion - This study suggests that the more gender-diverse top management team and the higher openness may bring the firm's innovation with greater possibility. the paper encourages more female participation on top management on the grounds of recommending that firms with greater gender diverse top management teams.

Improving R&D Project Selection and Evaluation Methods of the Steel Company

  • Chung, Ki-Dae;Jung, Kyung-Hee
    • Journal of Korea Technology Innovation Society
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    • v.1 no.1
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    • pp.117-124
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    • 1998
  • Corporations are pursuing maximum returns from their R&D investment. They are also interested in sound measures to quantify returns. In fact, they use various measures and criteria for measuring returns from the R&D investment. But the fundamental problem is that there is no generic and widely acceptable measures and criteria. To make things more complicated, measures are very powerful and influential to the people in the corporations. Herbert Simon already indicated that people do many things but people usually do their best for the only tasks which are measured. Many researchers, like Chester(1995), are interested in R&D productivity measures and risks because what the company measures really influence R&D people and output. This article present design concepts of the R&D project selection and evaluation system in POSCO(Pohang Iron & Steel Company). This is an output extract from the 6-month joint activities with POSRI(POSCO Research Institute) researchers and POSCO R&D personnel. Process changes, new organizations and new selection and evaluation criteria are developed to improve R&D performance and to enhance technology management of the POSCO. This article covers new selection and evaluation criteria only. We would like to share our experience about how we redesign the selection and evaluation of R&D projects. We also bring insights how we seamlessly integrate 4 different project selection and evaluation steps as a whole. We hope that this case will give you a clue to improve your R&D management.

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Efficiency Analysis of Chinese Blockchain Concept Stock Listed Companies

  • Yan, Hai-Shui;Kim, Hyung-Ho;Yang, Jun-Won
    • International journal of advanced smart convergence
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    • v.9 no.3
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    • pp.17-27
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    • 2020
  • With the continuous development and application of Internet technology, in recent years, new technologies such as cloud computing, big data, the Internet of Things, and AI are becoming more and more familiar to the general public. The development of a digital society has entered a new period of development. In this paper, we used on the 2018 annual data of 50 listed companies with blockchain concept stocks in China. Using data envelopment analysis (DEA) to study and analyze the input-output efficiency, it can be concluded that the input-output efficiency of 50 listed companies is very different. Inefficient companies are as high as 62%. Most companies have a large room for improvement in input-output efficiency due to uneconomical scale or inefficient technology. In order to better improve the company's input-output efficiency, one must improve the efficiency of resource utilization, optimize the company's research and development costs and the input and management of technical personnel; the second is to increase technological innovation and business innovation.

A Case Study on Kakao's Resilience: Based on Five Levers of Resilience Theory

  • Song, Minzheong
    • International Journal of Internet, Broadcasting and Communication
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    • v.9 no.3
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    • pp.44-58
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    • 2017
  • The purpose of this study is to prove the Korean Internet company, Kakao's resilience capacity. For it, this paper reviews the previous literatures regarding Kakao's business models and discusses 'resilience' theory. Then, it organizes the research questions based on the theoretical background and explains the research methodology. It investigates the case of Kakao's business and organization. The case analysis shows that five levers of resilience are a good indicator for a successful platform business evolution. The five levers are composed of coordination, cooperation, clout, capability, and connection: First lever, coordination that makes the company to restructure its silo governance in order to respond to actual business flow starting from the basic asset like game and music content; second lever, cooperation where the firm provides creative people with playground for startups such as KakaoPage; third lever, clout where the company shares its data by opening its API of AI and chatbot to $3^{rd}$ party developers; fourth lever, capability where the firm establishes AI R&D center, KakaoBrain as the function of multi-domain generalist for developing diverse platforms tackling customer needs; and the last fifth lever, connection where the firm continues to expand its platform business to the peripheries, O2O businesses such as KakaoTaxi, KakaoOrder, KakaoPay, and KakaoBank. In conclusion, this study proposes Internet companies to be a resilient platform utilizing those five levers of resilience in order to form successful platform. This study contributes to the agile innovation of Internet platform with ecological sense.

A Case Study of Innovation Activities in a Company with Multiple Business Areas (다양한 사업군을 갖는 기업의 혁신활동 사례 연구)

  • Chong, Hye Ran;Hong, Sung Hoon;Lee, Min Koo;Kwon, Hyuck Moo
    • Journal of Korean Society for Quality Management
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    • v.44 no.1
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    • pp.181-198
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    • 2016
  • Purpose: This paper explores the various ways of promoting innovative activities adopted by the companies for raising their competitive positions among the industry based on the previous studies. Methods: A number of successful and mediocre cases of industries were reviewed carefully, and then the customized innovative model was established. Key categories and core elements were first identified for establishing progressive corporate culture and validated with the case of a company with multiple business areas. Results: The key categories were identified as strategic, systematic, human resources, and cultural aspects. The resulting core elements were consistent with those of the case company. Conclusion: Analyzing diverse product groups and companies with different organization culture, the key categories and core elements were derived and validated for companies to win the competitive position in the industry.