• Title/Summary/Keyword: Knowledge Assets

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Study on Technology Value Evaluation & Contribution of Technology Using Analytic Network Process (네트워크분석과정(ANP) 기법을 이용한 기술기여도 산정 및 기술가치 평가)

  • Seo, Jang-Hoon
    • Journal of the Korea Safety Management & Science
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    • v.10 no.3
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    • pp.193-201
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    • 2008
  • As The development and commercialization of advanced technologies will depend increasingly on efficient technology transfer and technology trading systems and the knowledge economics grows rapidly, the value of intangible assets is more emphasized in business nowadays. Intangible assets include intellectual capital and intellectual property. This requires the development of technology markets or exchanges and hence a reliable technology valuation methodology. Our focus is on the business aspects of technology' contribution and we propose an objective scoring system, which is implemented by ANP, for Technology valuation of enterprise. As a result, This study intends to evaluate the contribution of an individual technology in intangible assets by the Analytic Network Process(ANP).

A Study on the Role of Collaboration as Safeguard for Supplier's Relationship-specific Intangible Asset (공급자가 구축한 관계 특유적 무형자산의 보호수단으로서 협업의 역할에 관한 연구)

  • Kim, Jin Wan;Lee, Seok Yong;Park, Ji Young;Hong, Tae Ho
    • Knowledge Management Research
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    • v.10 no.3
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    • pp.35-49
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    • 2009
  • The purpose of this study is to examine whether suppliers are able to benefit by means of constructing a relationship-specific intangible asset and participating in collaboration with purchasers to actively maintain value created while mutually using inter-organizational information systems. To achieve the purpose of this study. 82 questionnaires have been analyzed from suppliers which are using electronic transactions through inter-organizational information systems. As a result, business process specificity and domain knowledge specificity, which are relationship-specific intangible assets, affect operational collaboration and strategic collaboration, which are classified by level of decision-making. Although both types of collaboration are needed to achieve both strategic and operational benefits, we find each collaboration to be uniquely promoted by a specific types of relationship-specific intangible asset. Operational collaboration is found to be an antecedent to operational benefit and strategic collaboration is found to be an antecedent to strategic benefits. No crossover between collaboration and supplier's benefits is found. Consequently, the result of this study shows collaboration is needed for domestic suppliers, which have relatively low levels of collaboration, to keep maintain relationship-specific intangible assets and to prevent the relationship termination cost when transactions have been stopped between supplier and purchaser. Also the results imply the supplier can have advantages by participating in collaboration.

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The Effects of Corporate Governance Mechanisms on Firm Performance: Empirical Evidence from Vietnam

  • PHAN, Tu Anh;DUONG, Long Hoang
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.369-379
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    • 2021
  • This paper investigated the relationship between corporate governance mechanisms and firm performance in Vietnam. Based on a dataset of 101 HOSE-listed manufacturing firms, the results showed that CEOs' knowledge capability, gender diversity, and board size are positively associated with firm performance, whereas firm age is negatively associated. These findings suggested that firms should consider enlarging the boardrooms, but to a certain extent to avoid an inverse-U-shaped decline of performance; furthermore, firms should promote women executives' presence in a boardroom for it brings greater cultural-diversity benefits and inhibits information asymmetry. Contrary, the aging process impedes firms' growth. It depreciates their values in terms of total assets, so managers must review their assets' net value after each working year to avoid such a hardship. However, the thesis constrains itself since it did not treat the TMTs' knowledge capability equally as the CEOs' and completely excluded their treatment. Besides, it did not regard the effect of external governance mechanisms such as the supply-demand relationship, customer behavior, market imperfections, and market concentration due to data unavailability. Based on the main findings, several suggestions are set forth for firms and managers to enhance performance and minimize a poor governance mechanism's adverse consequence.

Classification of Factors for Intangible Asset Valuation of Construction Engineering Consulting Firm (건설 엔지니어링 기업의 무형자산 가치측정을 위한 요소분류체계 개발)

  • Phi, Seung Woo;Hur, Young Ran;Seo, Jong Won
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.2
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    • pp.757-769
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    • 2013
  • Intangible assets for construction engineering consulting firms are very important for their valuation, because engineering consulting is typical knowledge-based business which creates value based on technical expertise and human resources. This paper presents the intangible asset classification model based on the concept of value creation in construction engineering consulting firm and proposes intangible asset valuation methodology using System Dynamics and survey data. Utilization of the valuation methodology presented in this paper would increase the public awareness of intangible assets in construction engineering consulting firm and, thus, contribute to the growth of the engineering consulting industry by realistic and accurate valuation of intangible assets.

How to Manage Business Process as Knowledge Assets based on Ontological Approach: Focusing on Sales Order Process

  • Joo, Jae-Woo;Kim, Gun-Woo;Morin, Jean-Henry
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.264-269
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    • 2008
  • Considering our increasingly interconnected organizations heavily relying on business processes and the growing need for timely accurate knowledge to achieve greater agility in the enterprise, the idea of looking at business processes as a knowledge object is gaining momentum. Business process information is knowledge and should consequently be managed as a valuable organizational asset, particularly because organizations need to react in near real time to environmental changes and events. This paper provides an overview of the situation in this field arguing for a better definition of the intersections between knowledge and business process management. When business process is seen as knowledge, it should be managed as such. We assess and discuss some of the resulting benefits and considering the need for greater dynamic integration between the two domains, we look at ontologies as an interesting technical approach to bridging this gap showing an example for an ontology based sales order process.

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The Actualizatoin of e-Community and Change Management in Higher Education (대학의 e-커뮤니티활성화와 변화관리)

  • Kim, Se-Ihn
    • The Journal of Information Technology
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    • v.8 no.2
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    • pp.1-16
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    • 2005
  • In high education, knowledge is the very important resource and output. Knowledge management is the art of creating additional value from academic knowledge assets. The e-community is the network community, newly created by information communication technology, and the critical place that share and transfer people's the various knowledge and thinking and the effective space that can apply knowledge management. If we construct a convenient and useful e-community in our university, we will be able to increase the student's intellectual needs, and create new knowledge. Web-portal will promote the activity of e-community providing easy to access and personalized web circumstance. The emergence of Internet and Web access to all university services will force institutions to rethik everything. We should reconfigure our academic environment in order to adapt information technology and educational change, and must do change management based on their structure and culture.

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An Analysis of the Relationships Among Financial Risk Components (가계 재무위험 구성요소들의 관계분석)

  • Jeong Woonyoung;Kim Kyungia
    • Journal of the Korean Home Economics Association
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    • v.42 no.10 s.200
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    • pp.11-22
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    • 2004
  • The purpose of this study was to examine the structure of financial risk components of households. The financial risk of households was assumed to be composed of risk knowledge, risk attitude and risk management behavior. For this study, a questionnaire was developed and distributed to 700 households in Seoul and Kwangju, and there were 495 responses with usable data. The findings showed that income stability had a positive relationship with the level of risk knowledge and risk attitude. Income stability, household debt, age of the youngest child and risk knowledge were found to have direct effects on risky vs. non-risky asset ratio. Income stability, savings, age of the youngest child and risk knowledge also had significant effects on the number of risky assets owned by households. Risk knowledge was the most important determinant of risk management behavior.

Initiating Knowledge Management in Colleges and Universities: A template

  • Agarwal, Naresh Kumar;Marouf, Laila Naif
    • International Journal of Knowledge Content Development & Technology
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    • v.4 no.2
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    • pp.67-95
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    • 2014
  • Knowledge Management (KM) is a collaborative and integrated approach adopted at various levels to ensure that an organization's knowledge assets are best utilized to increase organizational performance. While KM has been adopted in a large number of sectors and organizations, colleges and universities, and the higher education sector in general, is yet to take full advantage of the possibilities offered by KM. Also, while past research has sought to highlight the importance of implementing KM in higher education, there is a lack of a single, clear template for KM implementation that universities leaders and administrators can adopt. The contribution of the paper is a practical, actionable, step-by-step plan, as well as a diagrammatic, theoretical framework for initiating KM successfully in colleges and universities.

A Knowledge Sharing Architecture for Decision Making under the Intranet Environment (인트라넷 기반의 의사결정을 위한 지식 공유 아키텍쳐)

  • Youn, Young-Soo;Suh, Eui-Ho;Lee, Weon-Chang
    • Asia pacific journal of information systems
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    • v.9 no.4
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    • pp.89-106
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    • 1999
  • Intranet is information technology for information sharing and collaborative work in geographically dispersed organizations, and has clear potentials to combine with other information technologies such as data warehousing and knowledge management. Data warehousing make it possible that the data stored for business analysis can most effectively be accessed by separating it from the data in the operational systems, and knowledge management is the paradigm to make the enterprise realize the best value of its knowledge assets, This paper is to suggest an architecture of knowledge sharing to combine knowledge management with data warehouse under the Intranet environment for the purpose of achieving the competitive advantages through the effective decision making in the modern companies, This paper also addresses the steps to implement this architecture.

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On the Industrial Relations to Enhance the National Competitiveness (국가경쟁력(國家競爭力) 강화를 위한 노사관계(勞使關係) 발전전략(發展戰略))

  • Kim, Ho-Gyun
    • Journal of Labour Economics
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    • v.26 no.2
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    • pp.129-160
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    • 2003
  • In order to enhance the national competitiveness of the korean knowledge economy it is necessary to establish new, cooperative industrial relations. In the past mass production economy the technological innovations generally substitute the real assets for the labour so that the interest conflict between employers and employees was inherent and the resistance of the labourers to innovations was unavoidable. In the knowledge economy, however, the real assets and the labour are complementary to each other and the investments in skills and education bring increasing returns. These are the most important reasons for the common interest of employers and employees in improved skills and advanced education. In the knowledge economy, therefore, establishing and maintaining the cooperative industrial relations is a necessary condition to maximize the value creation, where in Korea the 'Tripartite Commission' can and has to play a active role.

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