• Title/Summary/Keyword: Green Technology Innovation

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Building Green Entrepreneurship: A Journey of Environmental Awareness to Green Entrepreneurs in Thailand

  • Tesprasit, Kornthong;Aksharanandana, Pakatip;Kanchanavibhu, Athikom
    • Journal of Information Technology Applications and Management
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    • v.27 no.5
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    • pp.35-47
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    • 2020
  • Global waste has become a global issue and we can see the new trend of discovery businesses established to focus on solving the waste problem using new renewable energy technology and the circular economy business model. This paper aims to study factors that impact green entrepreneurship in Thailand, such as environmental concern, organizational environment, founder demographics, education background, entrepreneurship awareness, as well as external factors of a business. The study analyzes the data from three qualitative in-depth interviews with green entrepreneur founders who started the businesses in polymer up-cycling, waste management, and renewable energy. The study finds overseas educational background to be one of the key main drivers for the entrepreneurial courage to decide to pursue a new business venture. By having the exposure toward the different culture, three entrepreneurs hands-on experiential learning through three key drivers who are composed of the can-do attitude, the willingness to be self-employed, and the way of seeking for the freedom to express their passions.

Financing the Commercialisation of Green Innovation

  • Park, Jeongwon;Jeong, Changhyun
    • STI Policy Review
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    • v.4 no.1
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    • pp.94-118
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    • 2013
  • Innovation plays a large role in green growth. While it is a widely accepted view that, without innovation, it would be very difficult and costly to address major environmental issues, innovation itself tends to be constrained by limited access to eco-financing and is inherently risky, often requiring a long-term horizon. Although global consensus is more or less established as to the urgency and necessity of accelerating green innovation, the quality and quantity of financing in this area is largely insufficient, with increasing funding gaps in many countries. A new financial mechanism is urgently needed in order to re-orient financial flow and enable innovators to overcome the valleys of death that occur throughout the innovation cycle. A number of different modalities exist in financing the commercialisation of eco-innovation. Existing mechanisms have not been as successful as expected, revealing critical limits to furthering certain types of projects that are essential for economic and environmental progress. Experts' estimations have shown that the funding gap will widen in the coming years as demand for clean energy and green infrastructure rises, and as green technologies and innovation develop faster than the market for it can develop. Against this backdrop, the main purpose of this research is threefold: to identify issues and problems regarding current means of funding for eco-innovation and green projects; to provide insight into securing longterm green financing by looking at European cases; and ultimately to suggest policy implications for designing and implementing eco-specific financial instruments, focusing on governments' roles in sustainable financing for eco-innovation. This study analyses different models of financing mechanisms, a mix of public and private funds, in view of suggesting conditions for the sustainable financing of green projects, especially for large-scale high-risk projects. Based on the findings from the analyses of mechanisms and the shortcomings of the existing funding modalities, this study ultimately suggests policy implications for effectively supporting the commercialisation of eco-innovation.

Construction of Strontium Titanate/Binary Metal Sulfide Heterojunction Photocatalysts for Enhanced Visible-Light-Driven Photocatalytic Activity

  • Yu, Yongwei;Yang, Qing;Ma, Jiangquan;Sun, Wenliang;Yin, Chong;Li, Xiazhang;Guo, Jun;Jiang, Qingyan;Lu, Zhiyuan
    • Nano
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    • v.13 no.11
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    • pp.1850130.1-1850130.12
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    • 2018
  • A novel strontium titanate/binary metal sulfide ($SrTiO_3/SnCoS_4$) heterostructure was synthesized by a simple two-step hydrothermal method. The visible-light-driven photocatalytic performance of $SrTiO_3/SnCoS_4$ composites was evaluated in the degradation of methyl orange (MO) under visible light irradiation. The photocatalytic performance of $SrTiO_3/SnCoS_4-5%$ is much higher than that of pure $SrTiO_3$, $SnCoS_4$, $SrTiO_3/SnS_2$ and $SrTiO_3/CoS_2$. The $SrTiO_3/SnCoS_4$ composite material with 5 wt.% of $SnCoS_4$ showed the highest photocatalytic efficiency for MO degradation, and the degradation rate could reach 95% after 140 min irradiation time. The enhanced photocatalytic activity was ascribed to not only the improvement of visible light absorption efficiency, but also the construction of a heterostructure which make it possible to effectively separate photoexcited electrons and holes in the two-phase interface.

Rethinking Borders of National Systems of Innovation:Austrian Perspectives on Korea's Internationalization of Green Technologies

  • Olbrich, Philipp;Witjes, Nina
    • STI Policy Review
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    • v.5 no.2
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    • pp.65-95
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    • 2014
  • The recent decades have seen a growing rate of international cooperation in science, technology, and innovation (STI) including in the field of green technologies. However, current approaches to national systems of innovation (NSI) have not kept up with this development. International aspects are rather treated as external conditions within which policymakers operate and respond but not influence. This paper tackles this problem by applying a refined NSI concept that includes an international dimension and complements past frameworks by focusing on those Korean government policies, actors, and activities relevant for the internationalization of STI. Austria and Korea have both formulated differing strategies to acquire international leading positions in the field of innovation and the development of green technologies. In the first step, the paper assesses Korea's international activities within the field of green technologies that transcend national boundaries and establish international connections. The government has still a strong influence on selecting technology areas for strategic funding but our findings show that international STI actors have difficulties in identifying the appropriate point of contact to initiate cooperation or apply for related funding. Second, an external perspective on Korea's international collaborations in the field of green technologies is offered. Austria has tentatively identified the East Asian country as a second-priority cooperation partner for its future STI internationalization activities. Interviews with Austrian stakeholders in the field of green technologies indicate a high interest in cooperation with Korea that is facilitated by a similar business culture based on personal networks. Moreover, researchers and policymakers referred to a shared need of small countries for intelligent decision-making processes regarding potential cooperation partners abroad. However, in order to enhance awareness, visibility and demand for Korean STI cooperation in European countries, more long-term funding programs featuring a more permanent point of contact should be introduced.

Emerging Green Clusters in South Korea? The Case of the Wind Power Cluster in Jeonbuk Province

  • Berg, Su-Hyun;Hassink, Robert
    • STI Policy Review
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    • v.3 no.1
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    • pp.63-79
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    • 2012
  • Regional innovation systems and clusters represent a fashionable conceptual basis for regional innovation policies in many industrialized countries (including South Korea). Due to questions related to climate change and environment-friendly energy production, the green industry has been increasingly discussed in relation to regional innovation systems and clusters. This explorative paper analyzes these discussions and critically examines the emergence of green clusters in South Korea based on the case of the wind power cluster in Jeonbuk Province. It tentatively concludes that the role of the central government is too powerful and the role of regional actors (policy-makers and entrepreneurs) is too weak for the successful emergence of green clusters.

A Study of R&D Paradigm For the Materials Technologies Involving Environmental Consciousness (재료기술의 환경패러다임 모색)

  • 하재우;권식철;김성준
    • Journal of Korea Technology Innovation Society
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    • v.2 no.1
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    • pp.104-117
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    • 1999
  • The R&D paradigm for the Materials Technologies involving Environmental Consciousness(MTEC) is sought in this paper with an emphasis on the background and importance of the METC. In this paper the MTEC is defined as "Green Materials Technology", and the Green Materials Technology is classified into four categories based on life cycle of the materials; \circled1Ecomaterials technology(materials design), \circled2Envimatec technology (manufacturing process), \circled3Materials life technology (use & maintenance) and \circled4Materials recycling technology (waste disposal). Each these four categories was introduced. In conclusion, the main R&D field and strategies for the four categories of the Green Materials Technology were suggested.

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Innovation and Future Skills Needs-Green Car (기술혁신과 미래숙련수요 대응-그린카 발전을 중심으로)

  • Hwang, Gyu-Hee;Lee, Joong-Man
    • Journal of Korea Technology Innovation Society
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    • v.13 no.3
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    • pp.399-422
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    • 2010
  • Global expansion of regulation for carbon emission has brought new industrial regulations and trade barriers while the global economy is promoting economic stimulus through a variety of green investments such as renewable energy development, energy efficiency increase, and environmental improvement simultaneously. Korean government is trying to seek a new opportunity to grow through green investment in this change of business environment and businesses are facing the transition to low-carbon and eco-friendly structure for their survival. It is promoting not only industry structure changes and conversion but also demanding changes of workforce composition and requirement skills. In response to convergence of green economy, manpower development for future skills needs is provided the main impetus for response as well as promotion green growth. This study will analyze human resource development plan due to future skills needs emphasizing on automative industry. Also the study will be researched on the problems of present curriculum of undergraduate and look for improvements tasks. Upon the result, promotion plans for human resource development in other sectors of green car in response to future skills needs in green growth can be found.

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The Effects of Green Technology Patent on the Financial Performance of Specialized Green Enterprises (녹색전문기업의 녹색기술 특허가 기업의 재무성과에 미치는 영향)

  • Bak, Seong-Hwan;Lee, Cheol-Gyu;Seo, Cheol-Seung
    • Journal of Korea Technology Innovation Society
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    • v.16 no.3
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    • pp.724-753
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    • 2013
  • This paper empirically examines the effects of green technology patent on the financial performance of SMEs and venture specialized green enterprises. In particular, this paper is focused on analysing the financial performance difference by comparing the financial condition of 1st year before and 1st year after the application of green technology patent, and the one of 1st year before and 2nd year after it using sales, operating profit, net income, ratio of operating profit to net sales, and ratio of net profit to net sales. The statistical significances were accepted on sales after 1st and 2nd year, operating profit and ratio of net profit to net sales after 1st year, and ratio of operating profit to net sales after 2nd year. This paper proposes the vitalization of green consumption market, the reinforcement of green financial policy, the installation of financing windows, the improvement of unfair business conducts of large enterprises, and the reinforcement of win-win partnership between large enterpsises and SMEs as policy issues of Korean government in order to promote SMEs and venture specialized green enterprises.

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Green Technology Innovation in the United States: The Obama Administration's Ambitious Program and its Prospects

  • Teich, Albert H.
    • STI Policy Review
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    • v.1 no.1
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    • pp.23-42
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    • 2010
  • The American Recovery and Reinvestment Act (ARRA), known widely as the "stimulus" bill, developed by the U.S. Congress and President-elect Obama in late 2008 and early 2009, is investing a significant portion of its $787 billion infusion of funds in future-oriented programs intended not only to "jump-start" the stalled American economy, but to promote the development of renewable energy sources and increase energy efficiency in appliances, buildings, transportation, and other sectors of the economy. These investments are expected both to create immediate employment in green industries and to build a more sustainable society in the long term. The Obama Administration's green energy initiatives are part of a larger emphasis on science and technology within its agenda. It has roots in the Obama campaign and is supported by an unusually strong science and technology team. Much of the activity is centered in the Department of Energy, which received a huge one-time increase in its fiscal year 2009 budget to support the new and expanded programs. Areas that have been neglected by the federal government R&D program for many years, including smart grid technology, solar, wind, and geothermal energy, received large boosts. Many of these programs - and, in fact, the broader concept of government involvement in commercial innovation - are politically controversial Previous attempts to expand research in these areas by liberal Democratic administrations and Congresses have been criticized and sometimes thwarted by conservatives. Whether President Obama's efforts will meet with more success, both politically and technologically, remains to be seen.

A Study on Improving the Public Technology Procurement Policy for Reinforcing the Efficiency of R&D in SMEs : In Consideration of Joining the Green Growth Plan (중소기업의 녹색성장 참여촉진을 위한 기술개발제품 공공구매제도 개선방안 연구)

  • Han, Sang-Yun;Son, Byoung-Ho
    • Journal of Korea Technology Innovation Society
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    • v.13 no.2
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    • pp.310-331
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    • 2010
  • Recently, US, EU and major development countries, including Korea, have set green growth strategy the for national robust economic growth. Green growth strategy was also adopted as economic stimulus policy. Korea also have established some policies for green growth such as Green Growth National Strategy and 5-years Plan. Thought the SMEs play an important role as the innovative driver that can supply material and components for final products, there are few policies for joining green growth strategy. So, the purpose of this paper is to explore the current extent of public procurement for technology-development products and propose the betterment of it. Firstly, we analyzed the public procurement-policies of major countries to kinds of policy-purposes and types including Korea. and then we deducted the needs to policy utilizing the public procurement for joining the SMEs to green growth strategy. Second, we proposed that the objects of purchase conditional public procurement policy be extent to the pre-commercial technologies. The pre-commercial technologies could be performed further R&D by some other compaines or pubic institutes. Considering the natures of green technology-such as quasi-public-, this improvement would be helpful for SMEs which could create initial-marketplace and sales-references.

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