• Title/Summary/Keyword: Innovative Policy

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Promotion of Agricultural Technology Innovations for the Poor Smallholders in Marginal Rural Areas of Bangladesh: An Innovative Business Model Approach

  • Mohammad, Ikhtiar;Malek, Mohammad Abdul
    • Asian Journal of Innovation and Policy
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    • v.6 no.1
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    • pp.58-84
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    • 2017
  • This article aims at demonstrating location specific approach for agricultural technology promotion and adoption in improving the livelihood of the small farmers in the haor basin and coastal belt of Bangladesh. Innovative technologies that have potentials are initially screened by ex-ante investigation and instrumented by the business model canvas, which is used as a bottom-up approach for sustainability of the adoption of proposed technology innovations. Village-level extension farmers, sub-district extension officers and farmers' cooperative are the unique and central features to the business models and forward linkages. Extension service, power tiller, low-lift pump, sunflower, shallow tube well, quality seed, forward linkage for farmed duck eggs, live ducks and open catch fish etc. are the suggested potential technology innovations for the small farmers. The technology adoption business model can be reinvented for different locations within or beyond the country considering the local agricultural problems and prospects for greater sustainability.

Prioritizing Telecommunications Service Policies in South Korea: An Innovation System Approach

  • Kim, Hongbum;Kim, Eungdo;Lee, Daeho;Jung, Sungdo;Moon, Hyoungdon
    • Journal of Information Technology Applications and Management
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    • v.22 no.3
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    • pp.115-128
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    • 2015
  • Although the telecommunications service industry has become a basic infrastructure component of the information and communication technology (ICT) industry, it is now losing its reputation as a cash cow due to achieving a saturation of service subscribers, especially in South Korea. With the exception of improving network speeds, network operators are experiencing difficulties in creating new innovations. Therefore, new innovations for the telecommunications service industry should be identified in conjunction with government policies for industry promotion. To examine the innovative capabilities of a specific industry, innovation system theories were used as a framework for research. However, existing innovation systems are limited with regard to explaining the openness of relationships and user participation which are general properties of the ICT industry. Moreover, as sources of innovative activity, additional values such as financial support and collaboration are more appropriate. This study presents a new innovation system based on innovation values. We analyze the telecommunications service industry and prioritize the importance of telecommunication policies within South Korea. An in-depth interview with experts based on the innovation system framework is conducted first. Next, innovation factors derived from the interview are applied within an analytic hierarchy process (AHP), leading to a prioritization of innovation factors for the telecommunications service industry.

An Analysis on the Determinants of Efficiency of the Pharmaceutical Firms using Stochastic Frontier Analysis (Stochastic Frontier Analysis를 이용한 제약회사의 효율성과 그 결정요인분석)

  • Sakong, Jin;Kim, Jeongkyu
    • Health Policy and Management
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    • v.25 no.2
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    • pp.97-106
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    • 2015
  • Background & Methods: The purpose of this research is to estimate the efficiency of the pharmaceutical firms and the determinants of their efficiency. Stochastic frontier analysis(SFA) and panel study are applied to the data of 60 domestic pharmaceutical firms from 2006 to 2012. Results & Conclusion: First, the result of the stochastic frontier analysis shows that overall efficiency of the pharmaceutical firms is increasing as time goes by. However, if firms are classified by the scale, the larger firms show more efficiency and if classified by the degree of innovativeness, the innovative firms show more efficiency compared to the non-innovative firms. This evidences show that the scale and R&D investment have significant relationships with the efficiency of the pharmaceutical firms. Therefore, it is necessary to increase the national level of investment for the fundamental researches to vitalize R&D of the new drugs. Second, the result of estimation of the determinants of efficiency shows that the firms with larger sales promotion expenses and entertainment expenses have less efficiency compared to the other firms. This can be explained by the structural characteristics of the small generic pharmaceutical firms. Therefore, the government had better make the pharmaceutical firms to reduce sales promotion and entertainment expenses and increase R&D expenses by introducing systems such as global budgeting system on medicine or reference pricing system.

Analysis of Process-focused, Innovative Assessment Cases in Australia, Singapore, the U.S.A. and Korea (과정중심평가를 위한 국가별 학교 평가혁신 사례분석)

  • Kang, Jihye;Lee, Ji-Yeon
    • Journal of Information Technology Services
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    • v.18 no.3
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    • pp.143-154
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    • 2019
  • The purpose of this study is to explore innovative adaptation of IT systems worldwide to support process-focus assessment. To this end, the study presents four cases from Australia, Singapore, the U.S.A., and Korea to inform educational policy and technology researchers and practitioners. Based on comparing the four chosen cases as benchmarks, the study concluded that IT systems and technologies can expedite and improve school interventions to enhance student learning in terms of time and quality. Also, educational big data and learning analytics can be used to systematically monitor and communicate individual student's progress among school stakeholders (i.e., teachers, students, parents, and administrators). Lastly, the study made some suggestions to support process-focused assessment in schools as following : 1) A more evidence-based, systems approach is needed to integrate the curriculum, instruction, and assessment to bridge the gap between educational policy and school practice; 2) It is critical to create ICT-friendly school environments so that meaningful data could be collected, analyzed, and stored from individual students and school units; 3) Teacher professional development is another area that needs special considerations and support to successfully implement process-focused assessment in schools.

Innovative Advanced Technology through University-Industry Collaboration: Role of Venture Capitals, Entrepreneurs and Process Management in Japan

  • Nakajima, Yoji;Miyashita, Shuto;Sengoku, Shintaro
    • Asian Journal of Innovation and Policy
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    • v.7 no.3
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    • pp.564-580
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    • 2018
  • The creation of academic start-up firms is an important and practical issue in the management of technology in Japan. The present study designs a model for creating academic start-up firms that fits into the social context. It focuses on the case of FIRST Program, an initiative that consists of 30 projects in innovative arenas, analyses the presence of large-scale public funding, and investigates the role of venture capitalists as support personnel in each project. As a result, the presence and significance of 'long-term escort' by an 'entrepreneurial venture capitalist (EP-VCist)' were confirmed as common features across the cases observed. EP-VCist refers to a person who can maintain and fulfil dual roles at a university and a venture capital firm, and who can take the lead throughout the venturing process as a risk taker. 'Long-term escort' is a form of support that reduces risks in the venturing process by supporting university researchers in the pre-entrepreneurial stage and by exerting a robust bridging role between a university and an industry.

System Dynamics Modeling Approach for Manpower Planning and Policy Analysis

  • Ro, Kong-Kyun
    • Journal of the Korean Operations Research and Management Science Society
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    • v.3 no.2
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    • pp.75-90
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    • 1978
  • The objective of this paper is to demonstrate how System Dynamics Approach may be used to develop new ways of analyzing and projecting manpower requirements and resources. For this purpose, a System Dynamics Model is presented as an example. An examination of the model will show that a System Dynamics modeling approach is an innovative and useful tool for manpower policy analysis and planning. Second, with minor modifications, the model may be used for manpower policy analysis and planning for any skilled personnel in Korea. For example, a similar model nay be built for engineers to analyze the effects of alternative policies about engineering education, sur as the number of available places in the various institutions of training, scholarships and loans, and the duration of training. An engineer's model may also be used to make the projections of the supply and requirements of engineers in the future according to various alternative assumptions where each assumption represents a policy option.

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A System Dynamics Approach of the Introduction of Local Innovative Systems to Community Development Policies in Korea (리빙랩을 통한 지역공동체 활성화 방안에 관한 연구)

  • Choi, In Su;Kim, Kun Wee
    • Korean System Dynamics Review
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    • v.16 no.4
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    • pp.83-101
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    • 2015
  • The purpose of this study is to illuminate the reason why community building policies by the Government seem to fail to work properly in Korea. The existing studies focus mainly on designing community building systems, thus they cannot provide plausible explanations about the cause of the unsuccessful outcomes from the policies. To overcome the limitations of the existing studies, the authors examine the implementation factors to influence the policy instruments with the perspective of policy implementation. By performing the analysis, the results imply the implementation factors, such as executer's competence, supports by related interests, incentive systems, and legal-institutional instruments, are important to influence the implementation performance of the relevant policy instruments. To make community building successful policies, The authors therefore suggest that the capacity of local administrators and residents should be raise, and one of which the way to enhance is to support research and program development by the resident-oriented living laboratory systems in localities.

The Role of Ecosystems for Start-ups: A Comparative Study Between Korea and Finland

  • Deschryvere, Matthias;Kim, Younghwan
    • STI Policy Review
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    • v.7 no.2
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    • pp.35-59
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    • 2016
  • The strategic importance of innovation ecosystems has received increased attention from both the academic and policy perspectives. However, there is only limited empirical evidence on the importance of these ecosystems from the perspective of younger firms. This study focuses on the role of ecosystems for young innovative companies (YICs) and is based on a unique set of phone survey data from Finland and South Korea. The results are threefold: (1) Finnish YICs participate more actively in ecosystems than Korean YICs; (2) on average, Korean YICs report to have experienced lower ecosystem impact compared to Finnish YICs; (3) in both countries, key organizations of the ecosystems are represented on the board of directors in about one-third of the sample firms.

Protection of Intellectual Property Rights and Subsidy Policy for Foreign Direct Investment

  • Kang, Moonsung
    • East Asian Economic Review
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    • v.16 no.2
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    • pp.139-154
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    • 2012
  • This paper provides a theoretical setup for an analysis of strategic relationships inherent to activities of an innovative multinational enterprise (MNE) and a local company in a host country. Additionally, we explore the incentives of the host country's government to provide subsidies to attract foreign direct investment (FDI) and to protect outcomes of R&D activities conducted by the MNE. We show that the MNE's commercial interests may collide with local companies' over protection of IPRs. Therefore, the extent of knowledge spillovers from the MNE to the local company and the magnitude of incentives to the MNE perform a crucial function in determining the optimal policy mix of IPR protection and FDI subsidies of the host country's government.

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Korea's countermeasures based on a Comparison of the policy of large-value funds payment system between Korea and the US (한·미 거액결제시스템 정책비교로 본 우리나라의 대응방안)

  • Jeong, Boon-Do;Hong, Mi-Seon
    • Korea Trade Review
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    • v.44 no.3
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    • pp.191-202
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    • 2019
  • Despite innovative efforts to accommodate changes in the payment environment, the new types of settlement risks that are emerging require preemptive and proactive responses. Therefore, Korea should complement and develop large-value funds payment system operation and risk management policies by introducing international standards and linking with advanced financial institutions. This study examines the major issues such as the development process and characteristics of the large-value funds payment system of the two countries, the operation policy of the central bank, and the risk management policy by comparing the US Fedwire with the Korea Bok-Wire+. In addition, policy implications are suggested for efficient operation and development of Bok-Wire+.