• Title/Summary/Keyword: New Innovation Strategies

Search Result 268, Processing Time 0.023 seconds

A 'Mode 3' Science Policy Framework for South Korea - Toward a Responsible Innovation System

  • Kim, Gouk Tae
    • STI Policy Review
    • /
    • v.8 no.2
    • /
    • pp.23-48
    • /
    • 2017
  • This article advocates for a Mode 3 science policy. Compared to the university research-based Mode 1 knowledge production system and the knowledge application-centric Mode 2 innovation system, Mode 3 can be defined as a system that integrates both Mode 1 and Mode 2-type knowledge production models. In this article, based on the major characteristics of the Mode 3 scientific knowledge production system, I agree with the advocates of Mode 3 that constructing a knowledge society requires an inclusive form of knowledge production and innovation system through the democratization of knowledge production as well as the promotion of social values. Moreover, the mechanisms for creating accountable innovation in the Mode 3 system should be given more attention from the science research and policy communities to make public policy for scientific and technological innovation more reflective of social changes. Similar to the ways that the Mode 1 and Mode 2 scientific knowledge production approaches have influenced the development of science policy models, the Mode 3 scientific knowledge production approach, or Mode 3 science, also has the potential to shape a new science policy model. I will refer to this as Mode 3 science policy. In an effort to conceptualize the democracy- and society-centric Mode 3 science policy model, I will articulate science policy strategies in four science policy domains in South Korea from the context of the Mode 3 science approach. These include (1) evaluation of publicly-funded research activities, (2) valorization of scientific knowledge (that is, enhancement of the value of scientific knowledge through governmental action), (3) development of a science policy decision-making support system, and (4) anticipatory foresight of science, technology and society. When adopting and implementing a Mode 3 science framework, one progressive change is to increase socially desirable innovation such as responsible innovation.

An examination of Porter`s competitive strategy on the virtual market: comparison between on-line and on-offline firms (가상시장에서 Porter의 경쟁우위전략: 온라인 기업과 온-오프라인기업간 비교를 중심으로)

  • Nam, Ki-Chan;Koo, Chul-Mo;Gee, Seung-Goo
    • Asia pacific journal of information systems
    • /
    • v.12 no.4
    • /
    • pp.173-192
    • /
    • 2002
  • Internet-based on-line firms have focused on the development of new business models with an assumption that this new model would create their competitiveness. At the same time, off-line firms have opened new marketing channels on the internet in order to defend their position against on-line firms. Based on Porter's well-known generic strategy, this study compares between on-line firms and on-offline firms i) whether these two types of firms take different strategies among cost reduction, marketing differentiation, innovation differentiation, and focus and ii) how the performance of these two types of firms is affected by different strategy types. The result shows that on-offline firms prefer the strategy of marketing differentiation and innovative differentiation while the strategy of cost reduction and focus are taken without significant difference between online firms and on-offline firms. Also it is found that even though the strategy of marketing differentiation and innovation differentiation are more preferred by on-offline firms than on-line firms, these two strategy types have a significant influence on the on-line firms' performance while the focus strategy has a significant influence on the on-offline firms' performance. Other managerial implications are discussed.

The Effects of Advanced Design Innovation Strategy on Business Performance (선행 디자인 혁신 전략이 기업 성과에 미치는 영향)

  • Kim, Yong-Wook;Song, In-Am;Hwang, Hee-Joong
    • Journal of Distribution Science
    • /
    • v.11 no.10
    • /
    • pp.27-36
    • /
    • 2013
  • Purpose - This paper empirically studies the effects of advanced design innovation strategy on business performance, to investigate manufacturing industries that can develop design-driven-innovation strategies. Many researchers now recognize the importance of design in a CEO's decision-making process. To analyze these effects, this study deduces the definition of advanced design strategy by reviewing existing studies. The advanced design is a strategy that is applied to improve business performance instead of the appearance of a product for increasing its sales. In terms of business processes, the advanced design strategy is defined as the incorporation of business activities prior to the development of the product, to offer new experiences and values to users, from those designs. Research design/data/methodology - This paper establishes a model for empirical analysis. In this study, we derived factors of the characteristics of advanced design based on previous studies. We tried to investigate whether advanced design innovation strategy and entrepreneur's characteristics could have any impact on business performance. At the same time, we tried to find out the moderating effect of entrepreneurs' characteristics. The advanced design is made up of three elements: precedence, integration, and immersion of design activities. These three elements are independent variables for the model. The dependent variables are: increased rate of sales, R & D performance, and public image of the company. Specifically, this study establishes a CEO's characteristics as a moderating variable between the independent and dependent variables. Results - We proved that the level of entrepreneurs' characteristics has a moderating effect on the business performance. The findings of this study offer the following theoretical implications. The precedence of design activities positively affects the increased rate of sales by offering new experiences to users and creating new values. The integration of design activities also has a positive effect on the R&D performance. In addition, the immersion of design activities positively influences all the elements comprising business performance. The analysis of moderating variables elucidates that CEO's characteristics have a moderating role between precedence, integration, and immersion of design activities, and business performance. Conclusions - The practical implications of the study are as follows. This study contributes to the progression of advance design theories by conducting an empirical study on the advanced design concept. More importantly, the empirical study on the CEO group seeking exploratory innovation supports Verganti's "design-driven innovation" concept, according to which design can make innovation successful by offering useful values to users, as evident in the case of many innovative companies, such as Nintendo and Apple. Future studies need to investigate the reliability of practical examples, including the various activities of business. We suppose that there may be real differences between the results of this study and the applicative situation in the presence of a CEO group.

The Impact of Corporate Product Innovation on the Firm's Revenue and Financial Stability (제품혁신이 기업의 수익 및 재무안정성에 미치는 영향)

  • Lim, Dong-Geon;Jung, Jin Hwa
    • Journal of Technology Innovation
    • /
    • v.25 no.4
    • /
    • pp.239-261
    • /
    • 2017
  • This paper analyzes how corporate product innovation affects firms' revenue and financial stability, and thereby draws the implications for the corporate strategy for sustainable growth. Corporate product innovation is defined as the development of new products within the firm, including bought-in products. Corporate revenue is measured by per capita sales and its growth rate, while financial stability is measured by debt-to-equity ratio and liquidity ratio. In the empirical analysis, the two-stage estimation method was used to control for the endogeneity of new product development. The data are drawn from the first (2005) to the sixth (2015) wave of the Human Capital Corporate Panel (HCCP) Survey, which are matched to the data from the Korea Investors Service (KIS). The results of the first-stage estimation indicate that product innovation of the firm is promoted by the firm's knowledge capital stock, human resources investment, and market-leading strategy. The second-stage estimation results indicate a positive relationship between the firm's level of activity in product innovation and short-term revenue (per capita sales and its growth), and financial stability (lower debt-to-equity ratio and higher liquidity ratio). These findings confirm that the firm's investment in technology innovation and subsequent product innovation are important strategies to enhance both short-term corporate revenue and long-term financial stability.

The New IT Innovation Strategies through the RFID/USN Promotion (RFID/USN 활성화를 통한 New IT 혁신 전략)

  • Rim, M.H.;Park, Y.J.;Pyo, C.S.
    • Electronics and Telecommunications Trends
    • /
    • v.24 no.2
    • /
    • pp.19-31
    • /
    • 2009
  • 세계 주요국들은 RFID/USN을 핵심 성장동력 산업으로서 인식하고 기술개발 및 표준화를 주도하기 위해 투자를 늘려가고 있다. 또한 국가차원에서 추진정책을 마련하고 장기적인 관점에서 RFID/USN의 지속적인 발전 및 활성화 전략을 수립하고 있다. 우리나라에서도 RFID/USN을 New IT혁신 전략의 인프라 산업으로서 국가 신성장동력으로 선정하였으며, 대규모의 민간수요 유발 및 확산을 통해 산업의 고도화를 도모하고 있다. 본 논문은 New IT 혁신 전략의 기반이 되는 RFID/USN의 개념을 소개하고, RFID/USN 관련 주요국들의 기술개발 현황과 표준화 동향들을 조사 분석하였으며, 국내외 시장동향과 주요국들의 정책동향을 정리하였다. 그리고 정부 차원의 RFID/USN의 발전 및 활성화를 위한 목표와 전략들을 소개하고, 고도화되는 IT 산업으로서 RFID/USN 활성화를 통한 기대효과와 New IT 혁신 전략으로서 정책방향을 설명하였다.

Priority Setting and Technological Innovation Strategies for Future Growth Engine Industries: Focusing on the development of the Korea Future Technology Index (미래성장동력 선정을 위한 새로운 방법론 모색: 한국미래기술지수의 개발을 중심으로)

  • Bae, Yonh-Ho;Choi, Ji-Sun;Hwang, Seog-Won;Lee, Woo-Sung;Koh, Myoung-Ju
    • Journal of Technology Innovation
    • /
    • v.19 no.3
    • /
    • pp.85-114
    • /
    • 2011
  • This paper aims at developing a new index that represents the Korean new growth industries, which is named the Korea Future Technology Index(KOFTI). The KOFTI is designed to provide a reliable and econometric index based on which the Korean government searches for new growth engines. The KOFTI is composed of three individual indexes such as the Economic Impact Index, the Future Strategy Index, and the Technological Influence Index. The KOFTI is applied for 62 star brands, which have been promoted by the Korean government for the korean future industrial competitiveness. The top 13 leading industries are drawn from the calculation of the KOFTI for 62 star brands.

  • PDF

An Empirical Analysis of Worldwide Cyberinfrastructure

  • Cho, Manhyung
    • Asian Journal of Innovation and Policy
    • /
    • v.4 no.3
    • /
    • pp.381-396
    • /
    • 2015
  • Cyberinfrastructure is a research infrastructure that provides an environment in which research communities can get access to distributed resources and collaborate at unprecedented levels of computation, storage, and network capacity. The Worldwide LHC Computing Grid (WLCG) is a global collaborative project of computing or data centers that enables access to scientific data generated by the Large Hadron Collider (LHC) experiments at CERN. This case study analyzes the WLCG as a model of cyberinfrastructure in research collaboration. WLCG provides a useful case of how cyberinfrastructure can work in providing an infrastructure for collaborative researches under data-intensive paradigm. Cyberinfrastructure plays the critical role of facilitating collaboration of diverse and widely separated communities of researchers. Data-intensive science requires new strategies for research support and significant development of cyberinfrastructure. The sustainability of WLCG depends on the resources of partner organizations and virtual organizations at international levels, essential for research collaboration.

산업기술개발 수요조사사업에 대한 사례 연구

  • 이재하
    • Proceedings of the Technology Innovation Conference
    • /
    • 1997.12a
    • /
    • pp.89-103
    • /
    • 1997
  • A nation's technology policy is based on the broad principles that govern the allocation of its technological resources. But the cost of inadequate investments in technology development is particularly high in today's global1y-competitive environment where continued technological advancements are critical to sustain. This paper presents a methodology for searching the new and /or advanced technologies to promote Korea's technological and economic competitiveness by industrial technology policy. The conceptual framework of industrial technology development, which is the main focus of this Paper, was designed using both Top-down and Bottom-up approach And the technology classification system was modified reviewing the previous it's system. Supporting the technology input are three key technology elements; proprietary technology, generic technology, infratechnology Competitive survival in any advanced economy will depend upon technology-based strategies that emphasize the integration of these elements of industrial technology.

  • PDF

The Future of the New Mobile Telecommunication Terminal in the View of the Consumers' Preferences (소비자 선호 관점에서 본 차세대 무선 이동통신 단말기의 미래)

  • 김연배;이정동;고대영;김태유
    • Journal of Technology Innovation
    • /
    • v.12 no.1
    • /
    • pp.189-218
    • /
    • 2004
  • In this paper, we estimate consumers' preferences for the key attributes of the future mobile telecommunication terminal using conjoint analysis. For statistical model, we estimate the mixed legit model which can reflect the heterogeneity of consumers' preferences, using the Bayesian approach with Gibbs sampling. The results show that there are large variations in consumers' preferences for the attributes of the future mobile telecommunication terminal, which justifies our using of mixed logit model. Also, the results show that most consumers prefer the medium size display and keyboard as input equipment. Additionally, far from general prediction, the results show that many consumers are indifferent to whether the future mobile telecommunication terminal is able to provide high quality internet service or not, and to operate many application programs and programs originally designed for PC. From those results, we can obtain some important implications for the R&D strategies. Additionally, the results on the heterogeneity of consumers' preferences reveal that it is possible that the complete device convergence may not happen.

  • PDF

Users Participation in IMT-2000 Standardization upon Phased Standards Strategy

  • Myung, Jong-Wook
    • Proceedings of the Korea Technology Innovation Society Conference
    • /
    • 1998.05a
    • /
    • pp.22-22
    • /
    • 1998
  • This paper reviews the benefits of users participation in IMT-2000 standardization by the creation of users coalitions, focusing in particular on phased standards strategy necessary for the evolutionary approach from second generation to third generation systems. It first presents in detail the current status of IMT-2000 standardization progress occurring at each regional standard body including TIA of US, ETSI of Europe, TTA of Korea and ARIB of Japan. With this clear understanding of standardization situations worldwide, we may be able to come up with our standards strategies related to IPR issues and efficient standard-setting mechanism between manufacturers and service providers. In addition, this paper addresses the necessity for phased licensing of IMT-2000 service in order to avoid the high cost of new infrastructures and ensure an acceptable financial investment returns for existing cellular and PCS service providers. An author hopes that this paper can provide the adequate standardization directions of IMT-2000 to satisfy the varying regional and global market requirements.

  • PDF