• Title/Summary/Keyword: Innovation Efficiency

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Cost and Benefits of R&D Tax Concession Program in the Australian Government

  • Moon Yong-Eun;Yoon Joseph
    • The Journal of Information Systems
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    • v.13 no.1
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    • pp.135-159
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    • 2004
  • In industrialised countries, innovation is a key source of economic growth. Rrsearch is a key driver of technological innovation and involves the process of systematic investigation and/or experimentation to discover new knowledge. The Governments'industry innovation policy supports a business focus on Research and Development (R&D) through a range of programs in order to achieve these aims. The Innovation Statement (DISR 2000, 20010, launched by the Australian Prime MinisterJanuary 2001, commits an additional ${\$}$3 billion over five years to encourage and support innovation. The Australian Government aims toworld competitive firms and strong research capability in industry to strengthen Australia's international competitiveness and increase national prosperity. It develops policies and programs to enhance investment in innovation. The Australian Government has established a number of R&D funding support programs aimed at increasing the level of R&D in Australia. The backbone of these programs is the tax concession program, which is made up of the 125 per cent R&D tax concession, the 175 per cent premium tax concession and the tax offset. Over 4000 businesses take advantage of the tax concession scheme, which costs the government around ${\$}$400mi11ion a year. This cost is expected to rise to over hall a billion by 2005-06 (commonwealth or Australia, 2003). Ensuring these resources are invested where they provide significant national economic benefits is a major policy issue. In this sense, this paper looks at the appropriateness, effectiveness and efficiency of the R&D tax concession with costs and benefits analysis.

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A Comparative Analysis of the National Innovation Systems of China and Australia

  • Akpolat, Hasan;Chang, Linzhao
    • International Journal of Quality Innovation
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    • v.9 no.1
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    • pp.153-167
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    • 2008
  • This paper presents the findings of a visiting scholarship research that was carried out at the Faculty of Engineering, University of Technology Sydney, Australia. Based on the extensive literature review, government databases and international statistics, it introduces an analytical framework for comparison of the national innovation systems (NIS) of China and Australia in regards to their strengths and weaknesses. This is done through individual examination and comparison of functions of typical institutions involved in innovation to reveal the structural characteristics and performances of the two systems. The interactions among these institutions are then analysed to illustrate their dynamics and efficiency. The comparison has shown clearly that China's NIS has several weaknesses and gaps due to its developing and transition stage. There are positive signs that Chinese Government has recognised the nature and scope of the problem and seems to work in the right direction. This paper aims to support this process by providing some recommendations that could help bridge the gaps between the NISs of China and Australia. Due to the fact that both, China's and Australia's NISs, have their unique characteristics but share numerous complementary features, there is a large potential for further cooperation between the two national innovation systems.

The Roles of Organizational Learning Capability and Firm Innovation in the Relationship between Entrepreneurial Orientation and Firm Performance

  • KITTIKUNCHOTIWUT, Ploychompoo
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.651-661
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    • 2020
  • This research aims to examine the relationships among entrepreneurial orientation, organizational learning capability, firm innovation, and firm performance. To achieve a data collection, a mail survey procedure via questionnaire was implemented by using executives or managers of gems & jewelry industries, textile and clothing industries, leather and accessories, fashion apparel industries in Thailand as the key informants. Of the surveys completed and returned, 388 were usable. Hence, a model with a structural equation was used to evaluate the data survey of 388 respondents. The results reveal that, in terms of the mediating effect, organizational learning capacity and firm innovation can complement each other in order to improve entrepreneurial orientation. Findings show that entrepreneurial orientation improves firm innovation, which in turn improves firm efficiency. Firm innovation acts as a variable mediating between enterprise orientation and firm performance. Our findings contribute to the current emergence of organizational learning capacity that mediated the relationship between entrepreneurial orientation and firm performance. Entrepreneurial orientation is normally a firm performance that enterprises develop which can have use the information available and make an impact. It can be considered through the mediation of organizational learning capability, and firm innovation variable and as stated in previous literature, it can influence firm performance.

A Study on Measurement of National R&D Program Efficiency: How to integrate evaluators' recognition into measuring the efficiency? (국가연구개발사업의 평가위원 인식과 효율성 분석간 연계 방안에 관한 연구 - 원자력연구개발사업을 중심으로 -)

  • Kim, Tae-Hee;Lee, Min-Ho
    • Journal of Korea Technology Innovation Society
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    • v.13 no.1
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    • pp.184-203
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    • 2010
  • Based on the figure of Program's result, the measurement of National R&D Program efficiency cannot have reflected its characteristic. This study explores the way to integrate evaluators' recognition into program efficiency as a means of embodying its characteristic. As a way of integrating their recognition with evaluating efficiency, two methods are applied. One is AHP as for evaluators recognition and the other is DEA as for measuring efficiency. This study tries to show the effect of evaluators on program efficiency and compares the result with one which did not include their recognition. The study also implies that the recognition of evaluators should be considered when the program efficiency is measured. Furthermore, this study suggests that the participation and role of evaluators should be expanded into evaluation of program efficiency.

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The Efficiency Evaluation of Total Quality Management in the Korean Industry with Data Envelopment Analysis

  • Yoo, Hanjoo
    • International Journal of Quality Innovation
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    • v.2 no.1
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    • pp.1-9
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    • 2001
  • As all the other managerial activities, total quality management (TQM) has also inputs into and outputs from the process. Therefore, the principal managerial efficiency criteria of maximum outputs with minimum inputs should be applied to TQM. In this paper, the methodology for the performance evaluation of TQM by Data Envelopment Analysis (DEA) was proposed. DEA is used to measure the efficiency of TQM for each firm with the input and output data obtained by questionnaire. It is found that there are not significant differences between the firms with and without IS09000 certification and between the large and small-sized firms with respect to the TQM efficiency.

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An Empirical Study on the Factors Influencing the Innovations of Korea's Exporting Companies and Export Performance (한국 수출기업의 혁신활동에 따른 영향요인과 수출성과에 관한 실증연구)

  • Kim, Gwi-Ok
    • International Commerce and Information Review
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    • v.14 no.2
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    • pp.201-225
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    • 2012
  • Developing new technologies and launching new products require a huge sum of money for Research and Development, and there is also market uncertainty. Comparing to advanced countries' companies, Korea's exporting companies have less investment cost in size for R&D and insufficient technology assets accumulated. Therefore, through the open innovation, they should use external technology and enhance the efficiency of the relatively little R&D investment. This paper draws the factors influencing the innovations of Korea's exporting companies, and then it analyses how each innovation influences export performance. First, innovations are devided into two; closed and open innovation. Multiple regression analysis has been done, considering influence factors of innovation such as company's characteristics factors, research's characteristics factors and products characteristics factors to be independent variables, and export performance to be a dependent variable. It shows that firm size and new products launching period have positive effects on each innovation, but research capability and research performance have positive effects only on closed innovation. And open innovation has positive effects on export performance, but closed innovation doesn't have.

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Innovation and Economic Growth: Factor Substitution, Technological Change and R&D Investment (기술혁신과 경제성장: 요소대체율, 기술진보율 및 연구개발투자)

  • Shin, Tae-Young
    • Journal of Technology Innovation
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    • v.15 no.2
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    • pp.1-24
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    • 2007
  • In this study, we estimated a CES production function for the Korean economy. We have found in the empirical results that the elasticity of the factor substitution is less than one and that the Korean economy exhibits labor-saving technological progress. In addition, we obtained the regression coefficient of R&D investment on technological change, i.e., the elasticity of R&D investment with respect to the technological change was 0.26% point. It implies that if R&D stock increases by 1%, labor efficiency increases 0.26% point through technological progress which is Hicksian non-neutral. It confirms that innovation-based growth strategy by increasing R&D investment would be effective on the one hand. Some policy consideration on the other might be needed for an increase in employment which is offset by technological progress.

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Academic Capitalism and the Direction of Academic System Innovation for R&D Efficiency (Academic Capitalism과 연구효율화를 위한 대학시스템 개편방향)

  • 송충한
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2003.05a
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    • pp.105-120
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    • 2003
  • Academic Capitalism is one of main steams that university has made. Academic Capitalism means that the resource allocation in the university is made by market forces. Persons who advocate the traditional Ivory Tower will resist the market mechanism in university's resource allocation. But, in several aspect, market mechanism has been in action in the university, whether we recognized it or not. In this paper, five directions of Academic System Innovation were suggested. First, competition among universities should be enforced through decentralization and autonomy. Second, competition among researchers shoul be enforced. Third, government should enlarge the portion of 'use-inspired basic research'. Fourth, autonomy of research units in a university should be enlarged for university's competitiveness. Five, government should provide the environment for structural coupling between university and regional society.

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A Comparative Analysis between Organization-Adoptable and User-Favorable Ideas in a Crowdsourcing Community (크라우드소싱 커뮤니티 내 고객 선호와 조직 수용 아이디어 간 비교 연구)

  • Lee, Hanjun;Seo, Soyoung;Suh, Yongmoo
    • Asia pacific journal of information systems
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    • v.24 no.1
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    • pp.51-64
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    • 2014
  • Open innovation concept is advocating the importance of the customer roles in firm's innovation. As a result, crowdsourcing community is drawing attention as a strategic asset for open innovation across diverse industries. Considering that the goal of crowdsourcing community is harnessing innovative ideas, understanding the characteristics of user-favorable and organization-adoptable ideas can enhance the effectiveness and efficiency of idea crowdsourcing. In our approach, we extracted idea content-based characteristics such as subjectivity, negativity, prosocialness, and depth of idea to examine what are the factors that affect user preference and organizational adoption. An analysis of 71,134 ideas from MyStarbucksIdea.com shows that there are significant differences between user-favorable and organization-adoptable ideas in terms of idea characteristics. Lastly, both theoretical and managerial implications are discussed.

Innovation of Public Hospitals in Japan and Its Implications for Korea (일본의 공립병원 경영개혁을 통한 시사점 고찰)

  • Inoue, Yusuke;Jeong, Seung-Won;Seo, Young-Joon
    • Korea Journal of Hospital Management
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    • v.18 no.4
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    • pp.39-53
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    • 2013
  • This study purports to learn the lessons from the managerial innovation of Japanese public hospitals. The performance of three innovation strategies of Japanese public hospitals, such as managerial efficiency, restucturing and networking, and rearrnagement of governance and ownership, were analyzed and its implications for Korea were discussed. Based upon it, several strategies for improving the performance of Korean public hospitals, were suggested.

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