• Asian Journal of Innovation and Policy
• /
• 제2권2호
• /
• pp.212-239
• /
• 2013

This paper clarifies the change in international technology standardization as a change in innovation. The change comes to be shown in how to take the consensus standard. The tendency to standardize the systematized concept is a rather arduous and complex endeavor. This paper focuses on Mitsubishi Electric Corporation as such a case. The results interpreted from the approach of closed innovation, open innovation, and social innovation. The following findings are clarified by. 1) The consensus standardization is open innovation in which the enterprise creates value. 2) When the value creation is large, the possibility of the maximization of such value capture that achieves the earnings acquisition can be improved. 3. The innovation of the consensus standardization is reciprocal for the stakeholder. The possibility for open and social innovation to supplement the success in innovation mutual and to achieve an effect is suggested.

• STI Policy Review
• /
• 제7권1호
• /
• pp.40-65
• /
• 2016

Knowledge plays a more important role in promoting entrepreneurship in the current information-led society than it did during the age of industrialization. Many recent studies found that entrepreneurship stimulates and generates innovation and economic growth. In response to the issues of long-term low growth, the Japanese government implemented several policies to encourage universities initiate entrepreneurial activities. This paper examines Japanese policies since 2014 that support universities in providing various programs for developing global entrepreneurs. Thirteen academic institutes were beneficiaries of three-year funding since the fiscal year of 2014. Each university designed its own educational programs according to their own contexts, built various forms of innovation ecosystems with domestic as well as international partner organizations, and offered entrepreneurship training courses or innovation workshops for companies to sustain its programs through broadening their funding bases. Due to the interdisciplinary nature and short history in operating the programs so far, it is difficult to evaluate the effectiveness of the programs. However, each participating university accumulated knowledge and experience while carrying out their various programs, suggesting important new directions for policymakers and education program designers in facilitating entrepreneurship and innovation.

• STI Policy Review
• /
• 제4권1호
• /
• pp.94-118
• /
• 2013

Innovation plays a large role in green growth. While it is a widely accepted view that, without innovation, it would be very difficult and costly to address major environmental issues, innovation itself tends to be constrained by limited access to eco-financing and is inherently risky, often requiring a long-term horizon. Although global consensus is more or less established as to the urgency and necessity of accelerating green innovation, the quality and quantity of financing in this area is largely insufficient, with increasing funding gaps in many countries. A new financial mechanism is urgently needed in order to re-orient financial flow and enable innovators to overcome the valleys of death that occur throughout the innovation cycle. A number of different modalities exist in financing the commercialisation of eco-innovation. Existing mechanisms have not been as successful as expected, revealing critical limits to furthering certain types of projects that are essential for economic and environmental progress. Experts' estimations have shown that the funding gap will widen in the coming years as demand for clean energy and green infrastructure rises, and as green technologies and innovation develop faster than the market for it can develop. Against this backdrop, the main purpose of this research is threefold: to identify issues and problems regarding current means of funding for eco-innovation and green projects; to provide insight into securing longterm green financing by looking at European cases; and ultimately to suggest policy implications for designing and implementing eco-specific financial instruments, focusing on governments' roles in sustainable financing for eco-innovation. This study analyses different models of financing mechanisms, a mix of public and private funds, in view of suggesting conditions for the sustainable financing of green projects, especially for large-scale high-risk projects. Based on the findings from the analyses of mechanisms and the shortcomings of the existing funding modalities, this study ultimately suggests policy implications for effectively supporting the commercialisation of eco-innovation.

• Asian Journal of Innovation and Policy
• /
• 제11권2호
• /
• pp.222-237
• /
• 2022

As the COVID-19 pandemic crisis left developing countries with economic setbacks, it is high time to highlight that innovative technologies lead the digital economy. The big powers including the United States and China are already implementing industrial policies that involve large-scale fiscal expenditures to secure the lives and safety of their people. To prepare for the future up to 2025, this paper reflects opinions of industry-academia-research experts regarding changes in the external environment and industry trends. By reflecting results of focus group interviews and changes in the external environment and industry trends, a new high-level 5X strategy (Digital Transformation, Energy Transformation, Bio Health Transformation, Supply Chain Transformation, and Research Transformation) to solve national tasks required for the existing ten policy demand fields and ten agenda during lower-level policy implementation stages were derived.

• 기술혁신학회지
• /
• 제20권4호
• /
• pp.970-988
• /
• 2017

혁신클러스터는 전 세계적으로 지역의 경쟁력을 높이는 주요 도구로 활용되고 있다. 한국도 정책적으로 다양한 형태의 혁신클러스터를 조성 및 육성하고 있다. 하지만 성공적인 혁신클러스터 육성을 위한 체계적인 분석은 활발하지 않은 실정이다. 본 연구에서는 문헌연구를 통해 혁신클러스터의 성공요인을 도출하고, 이를 활용하여 분석을 위한 프레임워크를 제시하였다. 또한 제시한 프레임워크에 따라 판교테크노밸리를 대상으로 사례연구를 하였다. 분석 결과 성공적인 혁신클러스터를 위해서는 혁신지향적인 환경, 지속적인 정책적 지원, 지식 네트워크의 활성화, 혁신성과의 환류가 중요한 것으로 나타났다.

• Asian Journal of Innovation and Policy
• /
• 제12권2호
• /
• pp.155-176
• /
• 2023

This paper employs datasets from the Enterprise Survey conducted by the World Bank to examine the relationship between four types of innovation defined by the Oslo Manual (OECD, 2005): product innovation, process innovation, marketing innovation, organization innovation, and the firm performance in the selected developing ASEAN economies. The main objective of this paper is to understand the characteristics of innovation activities at the firm level and how various innovation types affect firm performance. The empirical results from ASEAN manufacturing firms reveal that product innovation positively affects firms' performance, while non-technological innovations are negatively related to the performance of firms. The further employed quantile regression provides more insights into the roles of innovation types on different levels of firm performance: while product and process innovations actively contribute to the small and medium-size firms (below 25^th quantile and median), organizational and marketing innovations negatively affect them. Interestingly, the role of process innovation decreases when firm performance grows.

• 기술혁신학회지
• /
• 제10권3호
• /
• pp.555-579
• /
• 2007

본 연구는 제3세대 혁신정책의 주요 특성으로 나타나는 총체적 혁신정책을 살펴보고 실제 구현되는 모습을 핀란드와 우리나라의 사례를 통해 살펴보았다. 양 국가 모두 혁신정책의 영역이 경제발전이라는 단선적인 목표에서 벗어나 지속 가능한 발전, 균형발전, 삶의 질 제고 등 사회 전반의 변화와 관련된 것으로 외연을 확장하고 있다. 또한 기술혁신을 국정 운영의 중심에 두고, 인력, 교육, 지역 등 관련 정책을 새롭게 재배열하는 모습도 함께 이루어지고 있다. 특히 우리나라는 참여정부 출범이후 과학기술중심사회 구축이 국정 과제로 등장하면서 제3세대 혁신 정책의 맹아적 모습이 나타나고 있다. 반면 실제 구현 정도와 모습은 양 국가 간 차이가 있다. 핀란드는 북유럽 국가의 제도적 특성인 전형적인 코포라티즘의 전통으로 인해 전환의 장을 마련하고 추진하는 "공론의 장"을 활성화시켜 왔다. 정부의 지원 체계 또한 특정 부처의 개별 업무가 아니라 임무를 중심으로 공동의 프로그램과 수단을 개발 집행함으로써 정책의 실효성을 높여 왔다. 우리나라는 혁신 정책의 개념은 앞서 있으나, 실제 정책을 추진하거나 일하는 방식은 아직도 발전국가 시대의 틀을 유지하고 있다. 또한 전환 전반이 하향식으로 이루어지면서, 민간부문과 시민사회의 능동적인 참여가 부족했으며, 이로 인해 전환을 시도하려는 다양한 노력이 아직 탄력을 받지 못하고 있다.

• Asian Journal of Innovation and Policy
• /
• 제8권2호
• /
• pp.180-207
• /
• 2019

This article explores the historical evolutionary process of the biopharmaceutical industry of Korea, and how intentional and unintentional policy interventions have triggered the creation of the industry's system dynamics and paved the way for the generation of a few global leading products, including biosimilar, as well as next-generation therapeutics of gene and cell. The policies cover the simple technology transfer of API synthesis to overcome the endemic parasitic disease, new substance patent adoption and new drug development consortia, human resource development, various national initiatives influenced by the Human Genome Project, and venture promotion schemes. The scope and implementation tools under these policies have been aligned and refined to transform traditional fine chemical-based pharmaceuticals, to stimulate large companies' participation and to create technology-based venture companies in the biopharma business of Korea.

• 한국디지털정책학회:학술대회논문집
• /
• 한국디지털정책학회 2004년도 International Conference on Digital Policy & Management
• /
• pp.145-168
• /
• 2004

In industrialised countries, innovation is a key source of economic growth. Research is a key driver of technological innovation and involves the process of systematic investigation and/or experimentation to discover new knowledge. The Governments' industry innovation policy supports a business focus on Research and Development (R&D) through a range of programs in order to achieve these aims. The Innovation Statement (DISR 2000, 20010, launched by the Australian Prime Minister in January 2001, commits an additional $3 billion overfive years to encourage and support innovation. The Australian Government aims to build world competitive firms and strong research capability in industry to strengthen Australia's international competitiveness and increase national prosperity. It develops policies and programs to enhance investment in innovation. The Australian Government has established a number of R&D funding support programs aimed at increasing the level of R&D in Australia. The backbone of these programs is the tax concession program, which is made up of the 125 per cent R&D tax concession, the 175 per cent premium tax concession and the tax offset. Over 4000 businesses take advantage of the tax concession scheme, which costs the government around $400-million a year. This cost is expected to rise to over half a billion by 2005-06 (Commonwealth of Australia, 2003). Ensuring these resources are invested where they provide significant national economic benefits is a major policy issue. In this sense, this paper looks at the appropriateness, effectiveness and efficiency of the R&D tax concession with costs and benefits analysis.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권12호
• /
• pp.305-311
• /
• 2021

The purpose of this study is to examine and analyze product innovation and process innovation as an indicator of innovation that affects the performance of small and medium enterprises (SMEs). Government policy as a moderator of the effect of innovation on performance. This research was conducted during the COVID-19 pandemic. The population in this study are SMEs that produce clothes and t-shirts in Indonesia. Data collection is done through questionnaires and direct interviews. Online questionnaires were given to the managers and business owners. The sampling technique used is purposive sampling based on certain conditions of the research object, and in this study 100 business units were selected. The result of loading factor correlation between indicator and latent construct is significant. Hypothesis which explored the linear relationship between the construct variables was tested. Structural Equation Modeling (SEM) was used. The results of this study indicate that there is a positive relationship between innovation and business performance, and government policies have an important role as a full moderator in this relationship. The study findings concluded that the government policies are an important instrument in supporting the development of SMEs by innovating product and process innovation.