• 한국기술혁신학회:학술대회논문집
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• 한국기술혁신학회 2003년도 춘계학술대회
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• pp.369-388
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• 2003

This research has been focused upon and analyzing Medison, once a leading New Technology-Based Firm (NTBF) in Korea with exceptionally advanced technology in 3D ultrasound diagnostic imaging devices (UDIDs) (armored with 23 subsidiaries at its peak expansion), from the perspective if Dynamic Firm Capability(DFC). The underlying hypothesis is that the various problems from its pointless pursuit of the business styles or precedents of the existing large firms might be traced to its specific characteristics as an NTBF, which should have more preferably been based upon the distinctive competences such as differentiated technologies, institutional linkages, organizational routines, and complementary assets, etc. In conclusion, for the NTBFs with different DFC domains from those of the large firms, the optimal external linkages and comprehensive integration efforts (Process) under their specific organizational characteristics and constraints (Path) are highly recommended for the continuous accumulation of their core capabilities based upon the technological assets (Position).

• The Journal of Asian Finance, Economics and Business
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• 제8권2호
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• pp.77-88
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• 2021

The stock markets in the BRICS (Brazil, Russia, India, China and South Africa) countries are the leading emerging markets globally. Therefore, it is pertinent to ascertain the critical drivers of stock market development in these economies. The currrent study empirically investigates to identify the linkages between stock market development, key macro-economic factors and institutional factors in the BRICS economies. The study covers the time period from 2000 to 2017. The dependent variable is the country's stock market development and the independent variables consist of six macroeconomic variables and five institutional variables. The study employs a panel cointegration test, Fully Modified OLS (FMOLS), a Pooled Mean Group (PMG) approach and a heterogeneous panel non-causality test.The findings of the study indicate co-integration among the selected variables across the BRICS stock markets. Long-run estimations reveal that five macroeconomic variables and four variables related to institutional quality are positive and statistically significant. Further, short-run causalities between stock market capitalization and selected variables are detected through the test of non-causality in a heterogeneous panel setting. The findings suggest that policymakers in the BRICS countries should enhance robust macroeconomic conditions to support their financial markets and should strengthen the institutional quality drivers to stimulate the pace of stock market development in their countries.

• 기술혁신학회지
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• 제6권2호
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• pp.228-252
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• 2003

This research has been focused upon and analyzing Medison, once a leading New Technology-Based Finn (N1BF) in Korea with exceptionally advanced technology in 3D ultrasound diagnostic imaging devices (UDIDs) (armored with 23 subsidiaries at its peak expansion), from the perspective of Dynamic Finn Capability(DFC). The underlying hypothesis is that the various problems from its pointless pursuit of the business styles or precedents of the existing large firms might be traced to its specific characteristics as an NTBF, which should have more preferably been based upon the distinctive competences such as differentiated technologies, institutional linkages, organizational routines, and complementary assets, etc. In conclusion, for the NTBFs with different DFC domains from those of the large firms, the optimal external linkages and comprehensive integration efforts (Process) under their specific organizational characteristics and constraints (path) are highly recommended for the continuous accumulation of their core capabilities based upon the technological assets (Position).

• 한국경제지리학회지
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• 제19권2호
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• pp.313-329
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• 2016

본 연구에서 우간다는 농업 현대화를 달성하기 위한 적절한 제도적 틀이 부족한 것을 알 수 있다. Constellation Model을 기반으로 본 논문에서는 다양한 이해 관계자에 의한 지배 구조와 행동의 다양한 수준에서 정책과 제도적 협력을 통해 농업 발전을 촉진하는 효과적인 방법을 제안한다. 먼저 이론적 관점에서 Abim 지역에서 농업발전이 가진 의미를 고찰하고, 이 지역 농업발전과 관련된 현행 제도적 장치와 협력 관계를 평가한 뒤, Abim 및 북부 우간다 지역의 농업 및 사회경제적 문제를 해결하기 위한 효과적인 제도적 협력 구조를 탐구한다. 본 논문에서의 중요한 결론은 제도적인 문제들이 우간다에 농업발전에 중요한 역할을 하며 제도적 격차, 관료적 행태 등이 농업 현대화를 저해하는 요인이라는 것을 밝혀냈다. 따라서, Abim지역의 주요한 개발파트너들과 지속 가능한 협력을 통해 상호 연계를 강화할 것을 제안한다.

• The Journal of Asian Finance, Economics and Business
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• 제8권8호
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• pp.421-431
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• 2021

This study investigates the empirical linkages between ASEAN countries' institutional quality and financial inclusion using country data from 2008-2019. In this paper, six governance indicators from the World Governance index are used to measure the impact of institutions on financial inclusion. The PCA method's financial inclusion index is constructed from 3 indicators: penetration, access, and usage: penetration, access, and usage with six indices respectively as the number of ATMs per 1000 km², the number of bank branches per 1000 km², the number of ATMs per 100,000 people and the number of bank branches for 100,000 adults, the ratio of credit to private to GDP, and the ratio of deposit to private to GDP. Regression analysis with the Generalized Moments method shows the positive impact of institutions and other control variables like GDP per capita, inflation, bank concentration, and human development index on financial inclusion. Therefore, this study recommends that the government and policymakers in countries pursue the financial inclusion agenda to pay attention to the financial and economic indicators and institutional factors. This is because many savers, borrowers, and investors may not be protected when financial contracts are enforced or breaches occur in an environment where economic, legal, judicial, and political institutions are weak, such as in ASEAN countries.

• STI Policy Review
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• 제4권2호
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• pp.74-95
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• 2013

Rapid changes in the economic, social and academic environments often provide opportunities to develop new and advanced technologies. In China, recent literature on the role of universities suggests that university-industry linkages (UILs) play a substantial role in the development of high-tech industries. Since 1979 when the country became more open and underwent economic reform, Chinese central authorities, local governments, and universities have continued to set up various science and technology (S&T) policies to stimulate UILs, contributing to China's technological progress and economic growth. This study examines the role of S&T policies on UILs such as transfer of technology, joint research, and spin-off creation with a particular focus on Nanjing University (NJU) in Jiangsu Province. Nanjing has over 53 universities, ranking it behind Beijing and Shanghai in terms of S&T and higher education opportunities. By adopting "institutional methodology," this study contends that UILs not only benefit universities and industry but also society in terms of job training, consulting activities, joint research, R&D results commercialization, patent licensing, new business creation, and other aspects. Finally, we suggest that the Chinese experience, though with some problems, might enhance our understanding of how to stimulate UILs through the arrangement of various S&T policies.

• Journal of Information Technology Applications and Management
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• 제23권4호
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• pp.1-23
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• 2016

The growth of information and communication technology (ICT) has led to a rapid of business paradigm shift incurred in the creation of new social/market value, changes of a value chain and elements producing a value creation, and enlargement of the scope of market competition. It leads to the change and evolution of industrial structure, requiring innovations of policy and institution. However, most studies that have focused on the effect of policy and institution on innovation are based on thick description and qualitative evidence, while paying little attention to these linkages in an empirical way. Hence this study has attempted to empirically analyze policy and institutional factors affecting innovation performance, particularly attention to ICT industry in OECD countries. The findings derived from the empirical analysis provide important implications for catch-up countries in relation to the innovations of policy and institution for effective innovation system and start-up ecosystem.

• Animal Bioscience
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• 제34권11호
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• pp.1727-1738
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• 2021

Objective: This review consolidates the available information on the socio-economic and ecological significance of Mithun in the lives of ethnic communities in the Eastern Himalaya. Methods: Standard guidelines were followed for the review and data collection was carried out at three stages; literature search, literature screening, and literature review and analysis. Results: Records indicate a long association of Mithun with the ethnic groups. Mithun serves as a symbol of pride and local currency for barter trade in the ethnic society. Its utilities range from being used as a bride price to settling legal disputes. Several cultural festivals and local ceremonies are celebrated around this bovine. Due to its semi-wild nature, this animal also has an ecological role to conserve broad leaf sub-tropical forests. However, it remains neglected and has not received policy attention, leading to a stagnated growth. The institutions for Mithun research and development are also weak. Furthermore, the species is under threat from new diseases and habitat alteration triggered by climate change. Conclusion: Founded on the current state of knowledge, there is a need for institutional development, strengthening institutional linkages, and promoting regional cooperation among Mithun rearing countries for further research and development of this unique cattle.

• Asian Journal of Innovation and Policy
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• 제5권3호
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• pp.225-250
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• 2016

This paper aims to explore the institutional difference between Tsinghua University Science Park (TusPark) in Beijing, and business incubator of Research Institute of Tsinghua University in Shenzhen (RITS), and to examine how the difference leads to different new product performance for tenants. In doing so, we use survey methodology to investigate the innovation sources, university linkages, and innovation outputs of tenants in TusPark and RITS. We found that tenants in RITS reply more on "market-driven" knowledge sources for innovation: including knowledge from customers, suppliers, and competitors. The empirical findings suggest that the technology support provided by RITS and the high dependency on "market-driven" knowledge sources jointly contribute to the better new product performance for tenants in RITS.

• International Journal of Knowledge Content Development & Technology
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• 제12권3호
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• pp.31-49
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• 2022

The study presents a global research scenario in the domain of quantum sensing in quantitative and qualitative terms. The study is based on an analysis of 588 global publications in the field, sourced from the Scopus database for the period 1991-2020. The study identified key countries, organizations and authors, network collaborative linkages at national, institutional, and author level. In addition, it identified broad subject areas intersecting quantum sensing research, key journals for research communications, and broad characteristics of highly-cited papers. The study finds that the USA and Germany lead the world ranking in quantum sensing research with a combined share of 50% to the global output. The USA, Germany, and Italy are the home countries to 13 of the top 15 most productive organizations, and also the home countries to 14 of the top 15 most productive authors in the subject. The top journals publishing most research publications are Physical Review A, Physical Review Letters and New Journal of Physics. However, in the most cited journals list in the subject, Agriculture & Forest Meterology, Science and Physical Review A tops the list.