• Title/Summary/Keyword: Interaction Innovation

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Technological Innovation Induced Growth of Engineering Industry SMEs: Case Studies in Bangalore

  • Krishnaswamy, KN;Subrahmanya, MH Bala;Mathirajan, M
    • Asian Journal of Innovation and Policy
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    • v.4 no.2
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    • pp.217-241
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    • 2015
  • This paper, based on two engineering industry SME case studies, traces the origin and process of technological innovations enabling the development and introduction of new products leading to market expansion and enterprise growth. The study throws light on how entrepreneurs played a decisive role in recognizing market opportunities, building up crucial in-house technological capability, supplementing it with appropriate external assistance, to carry out technological innovations. A constant interaction with its customers is in-built into the system. As a result, the SMEs could achieve successful product innovations leading to their gradual growth, over time. Finally, based on the observations and inferences derived out of the two cases, a theoretical construct of the growth of innovation in SMEs is postulated. This is done linking the three stages of their development: (i) start-up and stabilizing, (ii) building up technological capability and implementing innovations; and (iii) opening up of new markets resulting in firm growth.

Institutional Changes and Organizational Innovation in Korean Healthcare Industries: Analysis of the Changes in Networked Clinics (보건의료 분야의 제도적 환경 변화와 조직 혁신의 상호작용: 브랜드 공유 병의원 사례를 중심으로)

  • Kim, Kwang-Jum
    • Korea Journal of Hospital Management
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    • no.spc
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    • pp.51-60
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    • 2016
  • The forms of healthcare service delivery emerges from the interaction between technological progress and institutional changes. Building a healthcare system which enables effective and efficient patient care is a imperative to a sustainable operation of a society. Identifying of a promising medical technologies and diffusing them consists of the basic tasks of a good healthcare system. Inducing of a promising innovation in healthcare and utilization of the innovation requires a deep understanding of healthcare innovation system and delicate governmental intervention to the effective functioning of the system. Therefore, the support for R&D in healthcare field should be given to social and institutional technologies for the better organization of healthcare delivery and consumption system as well as basic and applied medical sciences.

Idea Exploration for Product Innovation based on Product-User Interaction Modeling (제품-사용자 인터렉션 모델링을 통한 제품개선 아이디어탐색)

  • 박정순;이건표
    • Proceedings of the Korea Society of Design Studies Conference
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    • 1999.10a
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    • pp.28-29
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    • 1999
  • 제품을 사용한다는 것은 어떤 목적을 달성하기 위한 제품과 사용자 사이의 입력과 출력과정으로 해석할 수 있다. 이런 측면에서 제품과 사용자와의 관계를 고찰해 볼 때 최근에 부쩍 그 수가 늘어난 지능형 제품들은 이전의 제품들이 물리적이고 신체적인 자원의 투입과 이에 따른 기계적인 제품반응에 의해 사용자와 직접적이고 단순한 제어-피제어의 관계를 가졌던 것과는 달리 지적인 자원의 투입과 함께 제품으로부터 지적인 결과물을 출력받아 사용자가 이를 다시 해석해야하는 간접적이면서도 쌍방향적인 교류관계를 가진다.(중략)

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National Biotechnology Innovation System in the United States

  • Kim, Ki-Dong;Hwang, Yong-Sik
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.5 no.2
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    • pp.1-31
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    • 2010
  • Biotechnology has strategic importance related to the development of start-up companies, industries and nations in the near future. Therefore, many countries have promoted and developed biotechnology. The United States has led the world in promoting biotechnology. American biotechnology policies are diverse, and thus no comprehensive systematic studies have been done on it. In our paper, we will discuss American biotechnology policy in detail. For effective analysis, we will rely on the concept of a national innovation system, which emphasizes the institutional settings of innovation actors and their interaction. This paper deals with the American national innovation system for biotechnology. We will analyze the role of major actors, academia, public research institutes, and venture companies and their interactions. The American biotechnological innovation system is composed of diverse actors and numerous start-up companies in the biotechnology industry. In addition, there are many diverse policy programs for promoting biotechnology. Because of country-specific frame conditions, every country has different institutional settings and policies for promoting biotechnology. Our paper will render meaningful implications for various countries. We also think that this paper will be of interest for international readers.

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The Impact of Business Scope and Technological Innovation Capability on Firm Performance in SMEs (중소기업의 사업영역과 기술혁신역량이 경영성과에 미치는 영향에 관한 실증연구)

  • Lee, Byeong-Heon;Kim, Yeong-Geun
    • 한국벤처창업학회:학술대회논문집
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    • 2007.04a
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    • pp.203-226
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    • 2007
  • The purpose of this research is to analyze the impact of business scope and technological innovation capability(TIC) on firm performance in SMEs. Among the 1,077 SME sample data collected with the help of Korean Industrial Complex Corporation, 228 sample data from capital goods sectors had been selected and analyzed. Several mutiple regression models were developed to test the main and the interaction effects of two independent variables business scope and TIC on SME performance. The empirical analysis show that the number of product lines, one of the two scope variable measured, is positively correlated with the return on sales(ROS). Among the variable of TIC, the number of intellectual property rights(IPRs) is positively correlated with the sales growth rates of SMEs, which the ratio of engineers to total employees is positively correlated with the ROS of SMEs. The results also delineated some interaction effects of business scope and TIC on SME performance. There exists a positive interaction effect of the ratio of engineers to total employees and the number of product lines both on ROS and scales growth rate. The interaction of the number of customers and the number of IPRs positively effects on ROS, and also the interaction of the number of product lines and the number of IPRs are positively related with ROS. Findings of this research indicates that it is necessary for SMEs in capital goods sectors to accumulate technological innovation capability and to expand business scope to improve firm performance. Furthermore, the accumulation of internal TIC should accommodate with the expansion of business scope to gain an improved performance. Particularly, adequate technological innovation capability is required to address the need of expanded customers when enlarging the scope of customers.

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The Role of Entrepreneurial Universities for Social Innovation in the Age of Knowledge Democracy: Based on the Quadruple Helix Model (지식 민주주의 시대의 사회적 혁신을 위한 기업가적 대학의 역할: 쿼드러플 힐릭스 모형을 중심으로)

  • Souyeon Nam
    • Journal of the Economic Geographical Society of Korea
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    • v.27 no.2
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    • pp.133-154
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    • 2024
  • This paper aims to provide policy implications by exploring the role of universities in the Quadruple Helix model with a focus on the social sector. The quadruple helices model complements the triple helices model, which has limitations in reflecting social change, to present a process of innovation creation through interaction between various social actors based on the democracy of knowledge. Based on this, this paper proposes a 'social entrepreneurial university' model that applies the results of the review of democracy of knowledge and social innovation theory to the entrepreneurial university model. In the quadruple helix model of social democratization and inclusion, it is important for social entrepreneurial universities to enhance the role of education, while dedicating their teaching and research capacities to creating and facilitating platforms that structure and promote the interaction of a wide range of local actors.

Conceptual Framework of Reverse Retail Internationalization: From the Perspective of Retail Innovation and Retail Format

  • Cho, Myung-Rae;Mukoyama, Masao
    • Journal of Distribution Science
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    • v.14 no.11
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    • pp.5-17
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    • 2016
  • Purpose - The purpose of this study is to establish an conceptual framework to explain the mechanism of internationalization behavior being used by recently established retailer in emerging countries. Research design, data, and methodology - The existing research on retail internationalization has focused on global retailers located in advanced countries which have expanded their business to emerging countries. That is, "internationalization from top to bottom". However, recent years have seen a reversal in this trend, resulting in the emergence of "internationalization from bottom to top" by retailers based in emerging economies. In order to explore this reversal, this study attempts to develop an conceptual framework based on the theories of "innovation" and "retail format". Results - This study found an conceptual framework which was adopted both a concept of "formula" derived from the theory of retail format and a concept of "production and process innovation" derived from the theory of innovation as a core concept. Conclusions - The conceptual framework provided an understanding of how retailers in emerging countries have gained a competitive advantage over retail companies based in countries with advanced economies. It suggested that innovation that gave these companies a competitive edge was caused by competitive interaction which allowed them to expand to oversea markets.

Firm Characteristics and Modes of University-Industry Collaboration: Cases of Japan and Thailand

  • Pittayasophon, Siriporn;Intarakumnerd, Patarapong;Sumikura, Koichi;Saito, Hiromi;Suzuki, Jun
    • STI Policy Review
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    • v.7 no.1
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    • pp.17-39
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    • 2016
  • Despite the importance of university-industry collaboration, issues pertaining to the characteristics of collaborating firms, their modes of interaction, and the relationship between these modes and outcomes are not well-researched. The impact of country's development on these issues is also unclear. This case study examines Japan and Thailand-respectively representing developed and developing countries-and features the following key findings: 1) the characteristics of firms affect modes, with large Japanese firms being more collaborative with universities, whereas Thai SMEs significantly collaborate more with universities; 2) the relationship between modes in Thai firms is stronger than those of Japanese firms because in Thailand, perhaps due to weak technological capacity, R&D collaboration is conducted alongside university consultancy services; and 3) in Japan, R&D and human resource development collaboration lead to product innovation, whereas different outcomes are expected from different modes in Thailand. Apparently, trivial informal collaborations do have significant impact on innovation.

Features of Investment Support for the Process of Digitalization of Socio-Economic Systems in the Context of Strengthening International Economic Relations

  • Yatsko, Maksym;Panfilova, Yanina;Zozuliak, Marta;Koval, Oleksandr;Golubka, Yaroslav
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.29-34
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    • 2022
  • The innovative process of digitalization and creation of innovation from an idea to its commercialization requires certain financial costs, labor and mental efforts. The amount of investment (corporate and public) is the most important imperative to enhance innovation and is traditionally considered as the main "input" indicators of the development of innovation infrastructure, in this case, the financial infrastructure of innovation. At the same time, the modern theory of innovation development assumes a systematic approach to the organization of innovation activity, which provides for the close interaction of several subsystems: human (including intellectual) potential, financial and technological capital, as well as relevant institutions and methods of regulation.. Thus, the main task of the study is to analyze the features of investment support for the process of digitalization of socio-economic systems in the context of strengthening international economic relations. As a result of the study, current trends and prerequisites of investment support for the process of digitalization of socio-economic systems in the context of strengthening international economic relations were revealed.

The Effects of THM(Triple Helix Model) on the Firm Innovation: Focused on the Trust in Daegu.Gyeongbuk (THM(Triple Helix Model)이 기업혁신에 미치는 영향력 분석: 대구경북지역의 사회적 자본 신뢰를 중심으로)

  • Rhee, Jaehoon;Suk, Min
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.1
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    • pp.69-85
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    • 2014
  • The purpose of this study is to find the effects of triple helix model on the firm innovation, especially focused on the moderating effects of trust in Daegu Gyeongbuk. There are two ways of triple helix interactions in Korea. One is a traditional triple helix interaction in which entrepreneurial universities have a central role. As the other way, such 3rd-sector type organizations as technoparks have a important role in facilitating the triple helix interactions. We collected data from 231 firms located in the Daegu-Gyeongbuk region. According to the findings, firstly, 3rd-sector type organizations such as technoparks have a positive(+) effect on the firm innovation. But a traditional triple helix interaction has not. Secondly, a 3rd-sector type support has much more positive(+) effects on the firm innovation than a traditional triple helix interaction. Thirdly, the trust has a positive(+) moderating effect on the firm innovation in the two-type of the triple helix interactions. In the conclusion, research implication, limitation of this study, and future directions are suggested.

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