• Title/Summary/Keyword: Innovation and Industry Development

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Creation of System Dynamics in an Uncertain and Complex Market: The Case of Korea's Evolving Biopharmaceutical Industry

  • Lee, Jeong Hyop;Kim, Jaewon;Hyeon, Byung-Hwan
    • Asian Journal of Innovation and Policy
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    • v.8 no.2
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    • pp.180-207
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    • 2019
  • This article explores the historical evolutionary process of the biopharmaceutical industry of Korea, and how intentional and unintentional policy interventions have triggered the creation of the industry's system dynamics and paved the way for the generation of a few global leading products, including biosimilar, as well as next-generation therapeutics of gene and cell. The policies cover the simple technology transfer of API synthesis to overcome the endemic parasitic disease, new substance patent adoption and new drug development consortia, human resource development, various national initiatives influenced by the Human Genome Project, and venture promotion schemes. The scope and implementation tools under these policies have been aligned and refined to transform traditional fine chemical-based pharmaceuticals, to stimulate large companies' participation and to create technology-based venture companies in the biopharma business of Korea.

R&D Competition and Innovation in the VCR Industry

  • Joung-hae Seo
    • Proceedings of the Technology Innovation Conference
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    • 1997.07a
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    • pp.124-159
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    • 1997
  • This paper examines a significant example of accumulation of technology in post war Japan - the development process of the videocasstte recorder (VCR) for home use, and the dynamic evolution process of the mass market. The purpose of analyzing the Japanese home VCR industry is to clarify how and why only the Japanese makers had succeeded in developing home VCR and dominated. the global mass market and to make clear the dynamic process of industrial evolution. This study found out the following facts; 1) Japanese inter-firm interactions in the VCR have been carried out by the structure of "the competition and cooperation among the engaged players" form the initial stage, to growing, and maturing stage. 2) The process of competition and cooperation produced the revolutionary innovation through a continuous systematic development process in the R&D phase. 3) The process of competition and cooperation accelerated the speed of technological progress and the rapid growth of the industry in the growing and maturing stage.

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Development of a Joint University Campus as a Key Element in the Regional Innovation System in Sejong Tech Valley, South Korea

  • Lee, Seo-Jeong;Lee, Eung-Hyun;Oh, Deog-Seong
    • World Technopolis Review
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    • v.6 no.2
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    • pp.148-158
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    • 2017
  • Sejong City, which has been chosen as a new administrative capital of South Korea, has completed the first phase of its development plan with the construction of the facilities needed to accommodate central administrative organizations and the required accompanying population. Now, it is undergoing the second phase of development with a focus on strengthening the region's innovation capacity to catalyze endogenous development. The strategy for phase II is to establish a regional innovation system including building necessary infrastructure and attracting innovation agents such as universities, businesses, and research institutes. The first step for this is developing a research complex, tentatively named Tech Valley, that includes universities, research institutes, and businesses, and building infrastructure comprising a science complex, a knowledge industry center, and support facilities. Phase II of the city's development initiative includes the establishment of a joint university campus, which is to serve as a center to promote cooperation among industry actors, universities, and research institutes. The concept of a joint campus has been drawn from a need to enhance capacity for innovation and specialization in the region's industries and to maximize synergy among participating universities through the sharing of research equipment, facilities, and programs. The joint campus is expected to play a key role in creating an innovation system in the region by enhancing research capacity for strategic industries, cultivating highly skilled human resources, and leading industry-academia-research cooperation. In order to ensure the sustainable development of the new city, there is a growing need to have a main player in place that could lead the region's economic development. The joint campus will propel industrial specialization and serve as a catalyst to attract competent universities to the region. This paper will examine the concept, major functions, and the establishment and operation of the joint campus.

Policy Directions for Boosting Fusion of PC in the Mechatronics Industry (메카트로닉스산업의 PC 융합 촉진을 위한 기술정책 방향)

  • 이공래
    • Journal of Korea Technology Innovation Society
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    • v.3 no.2
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    • pp.78-93
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    • 2000
  • Since computerized numerical controller(CNC) emerged as a result of the fusion of the electronics technology and the mechanical technology, there has been continuous evolution of CNC technology in the mechatronics industry. The industry is recently developing a new control system based on the fusion of personal computer(PC) and CNC. Upgraded PC has now integrated into CNC, making various machines possible to exchange data, software and hardware, and to greatly improve man-machine interface. The fusion of PC and CNC can form a new paradigm in technological innovation of not only control system but also whole machinery industry in near the future. Korea lagged behind the developed countries in the development of open control system with the fusion of PC. Turbotek, Hyundai Motor and Daewoo are leading companies, but their commercial possibility seems to be low because domestic market is too small to reap a commercial benefit. Nevertheless, the development of the system is an essential step for Korea to embark on a future technological paradigm of the machinery industry. The government needs to play some role for the development, for instance, government R&D projects, institutional building and training of related technicians.

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The Impact of Entrepreneurship on Sustainability and Innovation Performance in the 6th Industry (6차 산업에서 기업가 정신이 지속가능성과 혁신성과에 미치는 영향)

  • Junmo Kim;Eunil Son
    • Journal of Korean Society for Quality Management
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    • v.52 no.1
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    • pp.173-183
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    • 2024
  • Purpose: This study highlights the importance of emphasizing entrepreneurship and sustainability among managers to address the challenges of Industry 6.0, especially in situations of increasing environmental uncertainty. The research model reveals the important structural relationship between entrepreneurship, sustainability, and innovation performance, and through empirical analysis, we sought to confirm that entrepreneurship in the 6th industry is related to technological innovation. Methods: A survey was conducted targeting 6th industry entrepreneurs, and the relationship was analyzed using SPSS and AMOS. Results: Despite a non-significant direct relationship between entrepreneurship and innovation performance, a notable effect of sustainability on innovation performance was identified. This highlights the fact that entrepreneurship contributes to firm performance through innovation activities, especially in the form of technological innovation. Conclusion: This study highlights the essential characteristics of entrepreneurship and sustainability, highlights their interconnectedness and suggests that their inclusion in the same management activities improves performance.

Analysis on Determinant Affecting Open Innovation of Korean ICT Service Industry : Focusing on Network Service (한국 ICT서비스산업의 개방형 혁신에 영향을 미치는 요소 분석 : 네트워크 서비스를 중심으로)

  • Kim, Eung-Do;Kim, Hongbum;Bae, Khee-Su
    • Korean Management Science Review
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    • v.32 no.4
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    • pp.175-192
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    • 2015
  • Due to the emergence of open innovation driven by development of network service technologies and convergence in ICT service industry, It is necessary for ICT service firms to examine their capabilities for open innovation. The purpose of this paper is to empirically examine determinants affecting open innovation in Korean ICT service industry. In order to analyze, this paper uses logistic and multiple regression models based on survey data of Korean ICT service firms. Estimation results show that external network for collaboration is positive on the technological innovation activity regardless of the innovation type. Specifically, user networks are significant in all types of technology innovation, revealing that it is important to innovation activities of the ICT service firms.

C-Engineering Based Industry 4.0 Innovation Networks Sustainable Development

  • Omelyanenko, Vitaliy;Braslavska, Oksana;Biloshkurska, Nataliia;Biloshkurskyi, Mykola;Kliasen, Natalia;Omelyanenko, Olena
    • International Journal of Computer Science & Network Security
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    • v.21 no.9
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    • pp.267-274
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    • 2021
  • The article deals with problems of innovation development on a network basis, which require effective mechanisms of innovation communications. In research the organizational aspects of ICT infrastructure development for innovation networks sustainable development based on cooperative marketing principles is considered. The proposed research idea is based on the idea that ICT implementation is based not only on the operational approach for innovation management as a factor of efficiency of internal communications, but also on knowledge economy and post-industrial economy trends. Therefore, the purpose of study is to develop an ICT model of innovation infrastructure to improve its effectiveness (strategic character) and efficiency (operative character) through increasing the efficiency of network communication interactions. Creation of information space and communication tools to support innovation network sustainable development and cooperation activities in research is proposed to be solved with the help of specialized ICT platform. It is shown, that ICT platform of innovation cooperation innovation network is important tool for common work of participants. ICT platform is considered as an integrated information system designed to automate business processes related to the sustainable development of innovation network, segment management and integration with HEI information systems and industrial cooperation. The main factors that determine the need to use a special ICT platform for innovation network cooperation were considered. The main issues of concurrent engineering (C-technology) application in high-technology industries and innovation cooperation for integrated product development were studied.

Universities and Development of Regional Innovation Ecosystems: Case of Kenya

  • Osano, Hezron M.
    • World Technopolis Review
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    • v.6 no.2
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    • pp.113-129
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    • 2017
  • Universities are considered important actors and drivers of socio-economic development in the regional innovation eco-system. This article investigates the role Kenyan universities and research institutes play in the development of regional innovation eco-system in the context of triple and Quadruple helices. A model involving Government, Industry, Universities and Society (Public) linkages in the regional innovation eco-system and with Information and Communication Technology as an enabler is used as a framework for analysing the nature of linkages in Kenya. The article uses literature review and case study methods to examine how universities and research institutes can spur the development of the innovation eco-systems. The research question is: what is the role of Kenyan universities and research institutes in spurring innovation ecosystems? Six cases of Kenyan universities and research institutes are considered in the light of Government Policy on Science, Technology and Innovation (STI) which is underpinned in Kenyan constitution 2010. The study contributes to the understanding of how deep collaboration among universities, government, research institutes, Science Cities, local, regional, national and international players spurs the creation of world-class innovation ecosystems which can contribute to regional development in developing countries like Kenya.

The Strategic Transformation from Innovation Cluster to Digital Innovation Cluster during and after COVID-19

  • Yim, Deok Soon;Kim, Wangdong;Nam, Young-ho
    • Asian Journal of Innovation and Policy
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    • v.9 no.2
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    • pp.164-186
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    • 2020
  • It is generally known that a Science and Technology Park - as a representative example of an Innovation Cluster - produces network synergy among industry, university, research institutes, and other innovation actors in a specific area, so that it has a competitive edge over other regions in technological innovation. However, as the novel Coronavirus (COVID-19) pandemic unfolds, it has become necessary to reduce face-to-face contacts and this could lead to lesser network synergy being produced in an Innovation Cluster. With this background, this research was designed and conducted to evaluate how COVID-19 has changed the activities in Innovation Clusters and explore future development scenarios. In order to find out the changes occurring in an Innovation Cluster, a survey was conducted among the people in Science and Technology Parks. The survey result shows that people are experiencing difficulties in technological innovation and support activities, and face-to-face contacts have been reduced in the Innovation Cluster. A scenario planning sought to explore the future development of the Innovation Cluster. It suggests that the transformation into a Digital Innovation Cluster, which is less affected by physical distance, but can still maintain the effectiveness of the networks, can be the key strategy for the future Innovation Cluster.

An Empirical Study on Innovation Networks in the Korean Biotechnology Industry (한국 생명공학산업의 혁신네트워크에 관한 실증연구)

  • Ku, Youngwoo;Rho, Younghee;Jeong, Gyujin;Min, Wankee
    • Journal of Korea Technology Innovation Society
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    • v.16 no.3
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    • pp.861-882
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    • 2013
  • This study analyses interorganizational innovation networks empirically in the Korean biotechnology industry, based on systems of innovation approach. Empirical findings of this study are as follows. Innovation networks have not been well developed in the Korean biotechnology industry. Main agents who participate in innovation networks are workers at venture firms, university professors, researchers at government-sponsored research institutions. They all recognize the positive effects of innovation networks. The enhancement of participation willingness and competency of agents, the enrichment of trust and control among agents, and the effective acquisition of the useful technology and resources in innovation networks will largely contribute to development of innovation networks in the Korean biotechnology industry.

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