• Title/Summary/Keyword: Innovation system

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The effect of R&D investment on Market value of Firms : The role of technology innovation system (R&D 투자가 기업시장가치에 미치는 R&D 영향 : 기술혁신시스템의 조절효과를 중심으로)

  • Song, Se-Chan
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2008.10a
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    • pp.152-156
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    • 2008
  • This study examines the relationships between R&D investment and Market value of Firms using data of small and medium enterprises (SMEs) in the manufacturing sector of Korea. In particular, this paper investigates the role of technology innovation system in the impact of R&D investment on firm's Market value of Firms. Findings from the previous studies on the relationship between R&D investment and Market value of Firms are positive relationship. Main of the previous studies demonstrated a positive impact of R&D investment on Market value of Firms. On the other hand, some recent studies showed this is not the case. Those studies persisted that the technological innovation system for managing and efficiently utilizing R&D investment and capability has to be built in order for R&D investment to give rise to increases in Market value of Firms. According to the Oslo manual by OECD, it is assumed that a technology innovation system can becharacterized as three factors :capability for technological innovation, capability for technology commercialization, capability for technological innovation management. This study divides sample firms into two groups using the "Inno-Biz" certificate system of the Korean Small and Medium Business Administration (SMBA): Inno-Biz firms Vs. Not Inno-Biz firms. The system selects innovative SMEs denoted as "Inno-Biz" using the above factors as criteria. The results revealed that the technology innovation system has the moderating effect to R&D investment on Market value of Firms.

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A Study on the Improvement Way & Accomplishment of Single PPM Quality Innovation Movement (Single PPM 품질혁신운동의 성과와 개선 방안)

  • 이경종
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.25 no.5
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    • pp.39-45
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    • 2002
  • Since 100PPM Qualify Certification System has been established by the Industrial Advancement Administration in 1995, 1000PPM Quality Innovation Movement has contributed much to the enhancement of quality competitiveness of Korea's parts industry. And in 2000, raised to a higher level, Single PPM Quality Certification System has been established by the Small and Medium Business Administration. Single PPM Qualify Innovation Movement seeks to reduce the number of defects to below 10 out of one million industrial items produced. Ultimately, Single PPM Quality Innovation Movement aims at achieving perfection, by enabling a zero defect rate in industrial production through the participation of all members of an organization. So this study aims to show the tangible and intangible effects of Single PPM Quality Certification System. and to suggest a methodology to improve current problems of Single PPM Quality Innovation Movement.

Exploration on the construction of ecological system of undergraduate Entrepreneurship Management Education for female college students (女大学生创业管理本科教育生态体系建设探索)

  • Li, wei;Li, Houzhong
    • Journal of East Asia Management
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    • v.3 no.1
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    • pp.1-10
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    • 2022
  • Innovation and entrepreneurship education is becoming an important development opportunity for colleges and universities to realize curve overtaking. Affected by the physical and mental development characteristics, female college students in innovative undertaking showed different growth characteristics. In order to further promote female college students' innovative undertaking, we should combine the characteristics of female design with innovation entrepreneurship education path. As one of the three women's colleges, the general innovation and entrepreneurship course system of Shandong Women's University provides a wide education of innovation and entrepreneurship consciousness and thinking for all students. The undergraduate major of business Administration (entrepreneurial management) provides the whole system education of entrepreneurship, and through "system guarantee, professional construction, course system, competition assistance and project cultivation", female students' entrepreneurial consciousness is cultivated and their entrepreneurial ability is improved.

Technological Innovation from Society: A Case Study on the Real-time Disaster Management System in Korea (사회로부터의 기술혁신에 관한 연구: 재난영상전송시스템 사례를 중심으로)

  • Yun, Jin-Hyo;Park, Sang-Moon
    • Journal of Technology Innovation
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    • v.15 no.2
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    • pp.103-122
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    • 2007
  • This paper examines the social development process of technological innovation for national emergency management. There are relatively few studies on how technological innovations are developed and deployed within social context. This paper investigates innovation processes within social contexts and the role of innovation actors such as citizens, government, and private sector. The the Real-time Disaster Management System (RDMS) is an innovation for citizens to transmit digital images and video clips on disaster toward professional organizations to respond to disasters. This case shows how an innovation in disaster management was developed by social interactions, how open innovation mechanism was deployed, and how end-users involved in innovation processes for disaster management. Finally this paper suggests implications to accelerate innovations for social welfare and social change.

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A Study on the Classification of Science and Technological Innovation Policy in Korea: Based on the NIS Concept (과학기술혁신정책 분류체계 확립에 관한 연구: NIS 개념에 근거하여)

  • Sung, Tae-Kyung;Kim, Byung-Keun;Cho, Seong-Pyo;Lee, Kong-Rae;Hwang, Jung-Tae;Bae, Zong-Tae;Kim, Young-Bae;Park, Kyoo-Ho;Lim, Chai-Sung;Ryu, Tae-Soo;Kim, Jun-Kyu
    • Journal of Technology Innovation
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    • v.15 no.2
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    • pp.211-235
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    • 2007
  • The paper establishes a policy classification system in order to classify and evaluate the science and technological innovation policies in Korea. We rebuild an innovation system model based on the national innovation system(NIS) concept. The model consists of human capital infrastructure(HCI), institutional infrastructure(II), technological infrastructure(TI), technology market(TM), industrial organization(IO), and innovation networks(IN). We give these 6 components of the modified system 1-digit number, respectively. Then we build the sub-systems according to these components, classify the policy categories in more detail, and finally complete the 3-digit policy classification table. This policy classification table may be useful in studying the science and technological innovation policy in both theoretical and empirical aspects. For example, the table can be the tool to examine the program portfolio profile(PPP) or to implement the questionary survey on the actual policies.

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Analysis of Innovation Patterns of Korean Online Game Industry (한국 온라인게임 산업의 서비스 혁신패턴 분석)

  • Nam, Young-Ho
    • Journal of Information Technology Applications and Management
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    • v.15 no.1
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    • pp.117-137
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    • 2008
  • Using the service innovation system model, the development of Korean online game industry is analyzed. The model proposed by Gallouj (2002) is modified in order to reflect IT service characteristics such as network externalities. Success factors and innovations patterns of Korean online game industry are examined. First, at the early stage of her growth, Korean online game industry was not supported or coordinated by any Government policies unlike DRAM, CDMA or TFT-LCD. Many parts of technical and service innovations were unintentionally initiated by online game developing ventures without predeterminde strategies. Second, the online game industry is basically a service industry so that users' needs and technical and service characteristics are intertwined to produce innovation. The innovation system of the online game industry is quite different from conventional product technological innovation systems in a sense that there are no blueprints for innovation as well as major players in the system. Third, Government's policies for promotion of IT industry such as the broadband infrastructure installation policy, the hi-tech venture promotion policy and the military exemption policy contributed greatly to development of the online game industry. However, these policy tools were not intended for online game industry but in the end gave a great impact on the service innovation system of the online game industry.

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A Study on Factors Affecting Innovation Capability and Innovation Performance: Focused on SMEs Entering Overseas Market (혁신역량과 혁신성과에 영향을 주는 요인에 관한 연구: 해외시장진출 중소기업을 대상으로)

  • Lee, Youngdeuk;Kang, Myungsoo;Kim, Byoungjai
    • The Journal of Small Business Innovation
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    • v.20 no.2
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    • pp.1-16
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    • 2017
  • The purpose of this study is to investigate the factors affecting innovation capability and innovation performance of midsize company entering overseas market. More specifically, in terms of managerial, organizational, and employee - level factors, we set leadership, operating system, and taking charge at work as variables influencing innovation capability and tried to understand the effect of innovation capability on innovation performance through empirical studies. In addition, we examined the differences in the influence factors on innovation capability and the effect on innovation performance in the home country and overseas countries. As a result of the empirical analysis, all of the influence factors had a positive effect on the innovation capability and the innovation capability had a positive effect on the innovation performance. The degree of influence was in the order of operating system, leadership and taking charge at work. In China, there is no significant difference in the order of operating system, leadership and taking charge at work. In the case of Korea, operating system and leadership have a positive effect, but the employee's taking charge at work does not affect innovation capability. The results of this study are as follows. First, it is necessary to enhance innovation capability in accordance with local characteristics. In Korea, there are additional activities to induce employee's taking charge at work is required for improved innovation capability and innovation performance.

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디지털화에 따른 조직혁신의 전개과정 - 개념적 준거틀의 개발 -

  • 송위진;박진서
    • Journal of Technology Innovation
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    • v.10 no.1
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    • pp.148-173
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    • 2002
  • This study examines the impact of the Internet on the organizational innovation. With the introduction of digital technology, the entire organizational process and structure is now being restructured. The purpose of this study is to develop a framework to help classify the organizational innovations and understand organizational innovation processes. This study suggests that the wide diffusion of digital technology has affected the modularization of the organizational routines and processes. The modularization of knowledge and organization give rise to a new organizational architecture, a modular architecture. In the Fordist regime, the characteristics of organizations were depicted as vertically integrated and tightly coupled system. The organizational processes and routines were tightly linked and integrated. However, the diffusion of Internet, which has a tendency to disassemble this tightly coupled system, has resulted in the emergence of loosely coupled and vertically disintegrated system. Eventually the modular architectures are emerging as a new organizational paradigm in the post-Fordist regime. In this study, the modes of organizational innovation is classified as follows. If the organizational innovation enhances both existing organizational components and tile tightly coupled architecture, it is incremental innovation (Mode 1): if it destroys both existing components and the tightly coupled architecture, it is radical innovation (Mode 4): however if only the tightly coupled architecture is transformed into the modular architecture and the codification of organizational component is enhanced, the innovation is architectural (Mode 3). The last one is component innovation (Mode 2), in which existing organizational components are destroyed but tightly coupled architecture is enhanced. It is argued that the organizational innovation process follows Mode I$\longrightarrow$ Mode II $\longrightarrow$ Mode III $\longrightarrow$ Mode IV in order.

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A Study on the Technological Innovation and Introduction of SCM System of SMEs' Industry Using the Innovation Resistance Model (혁신저항모델을 활용한 중소기업 기술혁신에 따른 SCM시스템 도입 영향 연구)

  • Oh, Yongmin;Boo, Jeman
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.3
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    • pp.165-175
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    • 2021
  • As the advent of the Fourth Industrial Revolution and Information Age, companies are in the state of infinite competition due to the rapidly changing technological environment and fierce competition. In this situation companies are making efforts to gain the competitive advantage by introducing information systems. Supply Chain Management (SCM) is considered a method to gain a competitive edge in rapid change. In fact, companies that already have introduced the SCM system are achieving company renovation with positive effects such as increase of sales stock reduction on-time delivery cost reduction and improved efficiency. This study was started to investigate the resistance that occurs in introducing the SCM system for small and medium-sized manufacturing industries that have not yet introduced the SCM system despite the importance of the SCM system, and to check the effect on the intention of the introduction. As the result of this study, the first is that the company has the higher technological innovation, the more positive the effect on Relative advantage Compatibility Perceived risk, Complexity. Second, The compatibility of the SCM system was rejected in innovation resistance, but it is adopted with the highest impact in the introduction intention. In addition, the mediating effect of innovation resistance was also rejected, confirming that if the SCM system is compatible for the company, it doesn't affect the resistance and is the biggest factor to consider in the introduction of the SCM system. Third, the perceived risk of the SCM system doesn't directly affect the intention to introduce, but has an indirect effect when mediation innovation resistance.

Interaction between Innovation Actors in Innovation Cluster: A Case of Daedeok Innopolis (혁신클러스터 내에서의 혁신주체들 간 상호작용의 변화: 대덕연구개발특구를 중심으로)

  • Lee, Sunje;Chung, Sunyang
    • Journal of Korea Technology Innovation Society
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    • v.17 no.4
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    • pp.820-844
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    • 2014
  • Various innovation theories, such as innovation system, innovation cluster, triple helix model, are different in their focus. However they all emphasize the interaction between innovation actors in order to generate, diffuse, and appropriate technological innovations successfully. This study analyzes how the interaction of innovation actors in Daedeok Innopolis has been changed since the introduction of innovation cluster policy like the designation of Daedeok Innopolis. Based on the analysis of survey data, Innopolis statistics, and patent joint-application data, we come to the conclusions that the Daedeok Innopolis has characteristics of multi-level governance structure, in which innovation cluster, i.e. Daedeok Innopolis, regional innovation system, and national innovation system directly overlap under the framework of innovation system. In addition, from the perspectives of triple helix model, we are able to verify that the inter-domain interactions between innovation actors, such as tri-lateral network, have been constantly increased in the Daedeok Innopolis. Based on our analysis, we identify some policy suggestions in order to strengthen the competitiveness of the Daedeok Innopolis as well as other innovation clusters in Korea. First, the network activities between innovation actors within innovation cluster should be strengthened based on the geographical accessibility. Second, private intermediate organizations should be established and their roles should be extended. Third, the entrepreneurial activities of universities within innovation cluster should be strengthened. In other words, the roles of universities within the Innopolis should be activated. Finally, the government should provide relevant policy supports to activate the interactions between innovation actors within innovation cluster.