• Asian Journal of Innovation and Policy
• /
• v.7 no.1
• /
• pp.9-29
• /
• 2018

Japan's manufacturing is mostly dependent on the automotive industry in Toyota-Kariya cities. However, the nearby city of Hamamatsu is the home of a start-up ecosystem known as Japan's Silicon Valley. How is it possible to evaluate the innovative potential of each regional industry? What kind of guidelines exist for continuing R&D investment when companies' net incomes are negative in the face of the 'Valley-of-Death' or financial crisis? Is it possible to measure the regional resilience ability in the context of the financial crisis? Entrepreneurial innovation is defined as a real-option portfolio consisting of investment decision to commercialize R&D findings. The subcontractor system implies a vertical and tight industrial group. However, a start-up ecosystem means a platform for horizontal and flexible partnership. In this research, the data include the financial indices of each of 18 public companies in both regions between FY2009 and FY2017. The objective of this paper is to clarify the call option or resilience function of equity for R&D investment in the context of the financial crisis in both regions by using Bayesian MCMC analysis.

• Korean Journal of Remote Sensing
• /
• v.39 no.5_4
• /
• pp.1075-1084
• /
• 2023

Satellite-derived data is collected by observing the Earth and is used in various fields such as national defense, natural disasters, location-based services, infrastructure, environment, energy, marine, and insurance. This study aims to present the virtuous cycle structure of the satellite information data industry and the business ecosystem model of the industry. As a research method, cases were collected and categorized from the following areas: literature, online, application, and content. The results show that the ecosystem model of the satellite information data industry provides an approach to content services in public and commercial areas, and develops various algorithmic technologies to facilitate content production and services at the level of complex general-purpose technologies. Second, in terms of content typology, satellite information data can be subdivided into monitoring content, urban space monitoring content, and satellite information content. Third, the consumption value of satellite content could be subdivided into informational value, environmental, social and governance (ESG) value, educational value, and content value. In order to expand the global content market, Korea will need to focus on creating an ecosystem for the satellite information industry and discovering differentiated content. It will also need to increase the popularization and accessibility of data to the general public and promote the Korean K-Satellite Information Data Industry ecosystem through government support, policy efforts, and policies such as establishing legal systems, increasing investment, and training human resources.

• International Journal of Internet, Broadcasting and Communication
• /
• v.12 no.2
• /
• pp.59-65
• /
• 2020

The domestic sleep industry is rapidly increasing in market size as it is linked to sleep apnea in the longterm care insurance for the elderly and domestic IT technology. In addition, due to the aging society, the government's support policy is also increasing, and many domestic companies are focusing on the sleep industry. Therefore, this study intends to examine the development strategies of the domestic sleep industry due to the increased social interest and corporate activities. To this end, a survey of 108 domestic companies was conducted by means of a Frequency Analysis, revealing some problems, such as poor sleep companies, insufficient resources for technology development, and limitations in distribution channels. As a result, it was found that for the development of the domestic sleep industry, strategies to strengthen the ecosystem, such as softening strategies through the sleep technology culture, strengthening ecosystems such as revitalizing industrial connections, and reforming laws and regulations, are urgent.

• Journal of the Korean Society of Industry Convergence
• /
• v.26 no.1
• /
• pp.1-14
• /
• 2023

To secure national future competitiveness, the Korean government announced the 『National Ultra-High Performance Computing (HPC) Innovation Strategy (2021.5.28.)』 and set three innovation strategy goals throughout establishing an innovation ecosystem. This study presented a heterogenous data-based strategic support framework that allowed to understand both the current status of domestic & foreign R&D areas and domestic industrial economy areas in terms of strategic fields related to ultra-high performance computing, and the empirical research was conducted in the life science and public health area. The HPC innovation ecosystem platform based on the connection of heterogeneous data (domestic R&D project-technology-industry-overseas R&D project) presented in this study provided useful and essential information that allowed establishing a specific action plan for the national HPC innovation strategy and contributing to vitalizing the innovation ecosystem. Since the evidence-based policy assumes that a more reasonable consensus is reached through a non-biased decision- making process among stakeholders, the proposed platform may contribute to enhancing policy momentum by increasing legitimacy and trust of planning of the national HPC strategy.

• Asia pacific journal of information systems
• /
• v.23 no.2
• /
• pp.67-86
• /
• 2013

This study first provides a stylized model that captures the essential features of the SC (Social Commerce) business and the competition process. The model focuses on the relationship between key decision issues such as marketing inputs and market value. As more SCs join the industry, they are inevitably faced with fierce competition, which may lead to sharp increase in the total marketing and advertising expenditure. This type of competition may lead the industry away from its optimal development path, and at worst, toward a disruption of the entire industry ecosystem. Such being the case, another goal of this study is to examine the possibility that the ToC (Tragedy of the Commons) may occur in the SC industry. We build game models, each of which assumes homogeneity and heterogeneity of SC providers, respectively, and derive explicit equilibrium solutions from both models. Our basic analysis presents Nash equilibria in both models and shows that SC providers are inevitably faced with fierce competition, which may lead to sharp increase in the total marketing expenses. We also compare the game outcomes with one with a hypothetical social planner who determines the total marketing level that optimizes the entire market value. Then, ToC can be defined to describe the situation where the total marketing efforts exceed the socially optimal level of marketing efforts. In both models, we examine the possibility of the ecosystem disruption and specify the conditions under which ToC may occur. However, the chance of avoiding ToC is higher with heterogeneous players than with homogeneous players. To supplement our analytical results, we develop a simulation model which incorporates a market dynamics based on the gap between actual marketing efforts and socially optimal marketing level. Simulation experiments present some lessons and insights which also confirm out findings from equilibrium analysis. For example, heterogeneity in SC providers alleviates the severity of ToC and makes it faster for survivors to escape from the ToC trap. As a result, the degree of industrial concentration tends to increase, which also explains the 'rich-get-richer' phenomenon observed in some empirical studies on the SC industry. Lastly, based on our analytical and experimental results, we come up with some measures to avoid ToC and overcome the shortcomings intrinsic to the current business model. And further discussions provide strategic implications and policy directions to overcome the possible trap of ToC in this ecosystem, and eventually help the industry to sustainably develop itself toward the next level. To name a few examples of policy measures, regulations on the marketing activities so that the overall marketing expenses cannot go beyond the socially optimal level; institutional guidelines and rules to straightening up the distortions in the way that SC providers view the marketing costs (the current marketing costs are underestimated, thereby encouraging SC providers to increase marketing expenditure); and so on.

• Journal of Service Research and Studies
• /
• v.13 no.1
• /
• pp.144-158
• /
• 2023

R&D (Research and Development) investment by companies and the government continues to increase, and the total R&D expenditure of public and private sectors in 2021 reached KRW 102 trillion, and the ratio of R&D investment to GDP was 4.96%. It ranks second in the world after Israel. This study analyzes the current status of the domestic R&D service industry and the research and development (R&D) innovation ecosystem based on the business activity survey data of the National Statistical Office in terms of improving R&D productivity of domestic R&D investment that has exceeded 100 trillion won, and analyzes the global R&D service industry and analyzes the global research service industry and R&D service Industry support government policy As a result of the analysis, in the domestic R&D ecosystem, the R&D outsourcing demand of service companies is rapidly increasing, compared to the stagnant R&D outsourcing demand of traditional manufacturing companies. In order to respond to these changing demands for technological innovation, this study suggests balanced support for R&D outsourcing for manufacturing and service companies, expansion of domestic R&D outsourcing, establishment of R&D outsourcing strategies specialized for the service industry, establishment of an open R&D ecosystem, and innovation in connection with materials/parts/equipment strategies.

• Journal of the Korea Convergence Society
• /
• v.12 no.2
• /
• pp.259-269
• /
• 2021

Many researchers have discussed on a policy establishment to revitalize a regional industry of a domestic ecosystem. However, it is rare to consider activation measures and priorities that are appropriate for local characteristics. Therefore, this study conducted a qualitative study to gather and analyze the views of expert groups in order to derive measures to revitalize the automobile industry in Gwangju. We examined the current status of the automobile industry in Gwangju based on a literature survey and in-depth interviews and what kind of crisis there is. We then derive strategic candidates for activation measures to address this. In addition, the relative importance and priorities of the methods derived using AHP techniques were identified. This leads to five strategies on which methods should be applied first. This will be used as the basis for future strategy development.

• Journal of Institute of Convergence Technology
• /
• v.9 no.1
• /
• pp.37-41
• /
• 2019

The government has designated the hydrogen industry as one of the three most innovative industries and is making a lot of investment and support. Chungcheongbuk-do and Chungju are developing strategies to foster local industries in line with these government policies. Hyundai Mobis's Chungju plant, located in Chungju, is the only fuel cell plant in Korea and is emerging as the center of hydrogen cars as the government's hydrogen mobility industry expands. Chungcheongbuk-do and Chungju City seek to attract relevant institutions and companies based on their regional strengths. In this paper, the current status of hydrogen industry in Chungcheongbuk-do and Chungju-si is discussed and future plans are discussed.

• Electronics and Telecommunications Trends
• /
• v.37 no.4
• /
• pp.1-10
• /
• 2022

As the response to climate change becomes a more pressing global issue, so do expectations for climate change in the green information and communication technology (ICT) industry and the possibility of solving environmental problems through ICT. However, because the green ICT industry is still in its early stages, there is little research on it. Understanding the startup ecosystem in the industry is helpful for recognizing innovation trends in emerging technologies such as green ICT. In this regard, this paper investigates the current state and characteristics of the green ICT ecosystem and presents implications based on an examination of startup venture capital investment trends and submarket identification in the green ICT industry as emphasized by the carbon neutrality paradigm shift. The analysis included 4,807 companies and 3,990 funding records, as well as exploratory data analysis and "k-means" clustering techniques.

• Journal of Information Technology Services
• /
• v.12 no.1
• /
• pp.229-245
• /
• 2013

The information security industry market is sluggish despite high expectation for its growth, and thus policies are required to define the causes and to address these issues. The policy formulation requires various historical market and human resource data for analyzing the industry, which cannot be guaranteed secured. This study executed face-to-face in-depth interviews with the frontline businesses in order to gather live opinions and to analyze industry's value chain, problems, and difficulties with a view to defining policy tasks for the development of the industry. The findings of the study revealed the current technical level of the information security industry, the frontline difficulty, and industrial ecosystem status. Based on these findings, the industry revitalization policy was devised and proposed. Objectives of the policy included the fostering of capacity to conceptualize, plan, and design industrial strategies based on the analysis of the industry's value chain and ecosystem, the expansion of the industry's value-added through the enhanced securing and management of the Intellectual Property Rights (IPR), and the nurturing of the security Human Resources (HR) in line with the industrial demand.