• Title/Summary/Keyword: R&D Products Management

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A Study on the Improvement of Product Management System in International Collaborative Research (국제공동연구 성과물 관리제도 개선방안)

  • Yoon, Chong-Min
    • Journal of Korea Technology Innovation Society
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    • v.12 no.3
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    • pp.499-524
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    • 2009
  • Recently the portion of international collaborative research in national R&D is being on the increase. But the management system of products from the international collaborative research is not sufficient. Not only the internal management system of public research institute, universities or government support R&D centers, are not enough, but also the legislations in government level are not established. In this paper, the problems and situations of product management system in international collaborative research are investigated and analyzed, and the methodology of improvement of them are presented.

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An Innovative Methodology for ICT R&D Project Generation (ICT 연구개발 프로젝트 발굴을 위한 창의적 방법론)

  • Kim, Young-Myoung;Ro, Youn-Jung
    • Journal of Information Technology Services
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    • v.11 no.2
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    • pp.185-196
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    • 2012
  • The rapid evolution of ICT industry brings not only new services or products but also changes from common individual life to whole human society. Coping with these situations and survival, companies cannot help regarding R&D as the most important thing. So, discovering R&D projects which are suitable for the alternation is a big issue for many companies. To resolve the issue, KT has adopted Innovative Management Methodology developed by Strategos, which is co-founded by Gary Harmel. This paper describes this Innovative Management Methodology tailored to KT R&D. The methodology consists of five phases : focusing discovery, discovery, ideas/domains, domain elaboration & aiming point and R&D project proposal. Also, it shows some interim findings that came from the Innovative Management Process. Finally, the future plan for elaborating the methodology itself and generating new R&D projects is suggested.

Examining the Dynamic Effects of Eco-Innovation on the Exports of Environmentally-Friendly Products (환경혁신이 환경친화적 수출에 미치는 동태적 영향 분석)

  • Hyunju Jeong;Dong Hee Suh
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.481-503
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    • 2022
  • This study examines how eco-innovation contributes to the exports of environmentally-friendly products using the dynamic panel model. The results reveal that the adjustment in the exports exists to recover the long-run equilibrium with sluggish adjustment speed. In addition, the results show that environmental patent applications and environment-related R&D expenditures are beneficial for enhancing the environmentally-friendly exports. While the environmental patent applications are associated only with an increase in the exports of products for resource management, the environmental R&D expenditures contribute to the exports of pollution management products, cleaner technologies and products, and resource management products. Moreover, as the long-run effects of eco-innovation on the exports become greater than the short-run effects, it appears that public eco-innovation is more likely to support future exports than private eco-innovation.

An Empirical Study on the Success Factors of Inter-Firm Alliances for New Product Development: With a Focus on the SMEs in Korea

  • Suh, Sang-Hyuk;Ko, Jong-Ook;Lee, Sun-Young
    • Asian Journal of Innovation and Policy
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    • v.1 no.1
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    • pp.71-91
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    • 2012
  • The purpose of this study is to identify the major determinants of performance of the R&D alliances, with an aim toward raising the success rate in cooperative relationships. In particular, this study assesses whether the success factors of purchasing relationship identified in the literature apply equally to SMEs in Korea. The results of this study indicate that inter-firm cooperation, experienced cooperation, and efficiency of government support have positive impacts on the purchase rate of new products. On the other hand, R&D intensity and resources of competencies of the firm do not influence it. Additionally, market attractiveness does not moderate the effects of the five independent variables on the purchase. The extracted determinants according to the results of surveys give valuable and practical hints to the SMEs when they make a decision on their R&D alliances with large enterprises.

Current Issues of Healthcare Research and Development in Korea (한국 보건의료 연구개발의 현황과 과제)

  • Kim, Kwangjum
    • Health Policy and Management
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    • v.28 no.3
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    • pp.280-287
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    • 2018
  • There has been much efforts to facilitate healthcare innovation and many desirable outcomes were produced in Korea. However, some structural deficiencies were found. They are misalignment of research and development (R&D) subjects with healthcare system, lack of flexibility of current healthcare system to accommodate the radically innovative products, and lack of cooperation among innovation agent. Some suggestions to correct these deficiencies are discussed. The suggestions are as follows: relating Korean healthcare R&D to healthcare system, enhancement of institutional flexibility to allow innovative application of new technology, improvement of the R&D process, and reexamination of the role of academic medical centers.

Does the Differential Effects of R&D Expenditure and Patents on Firm-value Exits between High-tech and Low-tech Industries? (산업 특성에 따른 연구개발비 지출과 특허취득이 기업가치에 차별적으로 반응하는가?)

  • Jeon, Sung Il;Lee, Kise;Yang, Hae Myun
    • Knowledge Management Research
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    • v.11 no.3
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    • pp.1-11
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    • 2010
  • The importance of intangible assets have increased unprecedentedly with the advent of the knowledge-based society. Investment in R&D has contributed to the rise of productivity and firm-value in the capital markets. but it is very difficult to determine the economic benefits of R&D investment, due to elusive link between time requirements and the realization of firm value from R&D investment. This study examines the differential effects of R&D expenditure and patents on firm-value by industry. Patents are intangible, proprietary rights that develops new products, plays a crucial role in market competition and results in research and development activities. If firms get patents, their R&D expenditure is assumed to be successful. The study analyzes whether successful R&D expenditure has a significant effect on the firm-value. The study considers two industries : high-tech industries and low-tech industries. These industries are expected to have different effect on R&D expenditure and firm-vale. The results of the study indicate that the successful R&D expenditure increased the firm-value. Successful R&D expenditure in high-tech industries more increased the firm-value more than that in low-tech industries.

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Human Resource Management Practices for R&D Scientists and Engineers in Japanese Firms (일본기업의 R&D 인적자원관리의 현황과 과제)

  • 한인수
    • Journal of Technology Innovation
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    • v.2 no.1
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    • pp.89-115
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    • 1994
  • Japanese firms have developed their own distinctive human resource management(HRM) practices for R&D scientists and engineers. These practices consist of homogeneity of work group, standardized in-house training programs, great standardization and company control of careers, and broad job rotation following the process of commercialization of developed technology. These practices facilitate human and informational exchange and sharing between basic laboratories and development departments as well as between R&D and marketing department which contribute to the ket competitive advantage of Japanese products. But recently Japanese firm are forced to change their HRM practices. They face some srious problems in continuing their long0standing strategy of being a rapid and skillful‘ technology follower’,drawing on the basic research performed in the advanced nations and embodying it in products that are produced with high quality at relatively lower cost. There is a growing trend of strengthening basic research among Japanese firms today. In accordance with the emphasis on basic research, Japanese firms have been adopting new HRM practices for scientists and engineers which are in the opposite direction of the traditional one. These newly developed practices stress on individual vitality rather than group cohesiveness from the fusion of individual difference. These include heterogeneity of work group, multiple career paths to be chosen by individuals, incentive plan based individual performance.

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The Role of Open Business Model in Technology Commercialization

  • Park, Hyo J.;Shin, Wan S.;Ju, Yong J.
    • Journal of Korean Society for Quality Management
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    • v.42 no.3
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    • pp.477-496
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    • 2014
  • Purpose: This paper has examined the impact of open innovation business model in technology commercialization with the data from 30 companies of manufacturing firms in South Korea. Methods: The findings provide support for distinguishing five hypotheses relating to development time, IP management, sales, firm size and R&D intensity. To test the hypotheses, data were collected using via e-mail and fax. Small and medium-sized (less than 300 employees) and large industrial firms were chosen for this study. Results: The result shows that openness in its business model is positively associated with successful technology commercialization. Conclusion: The major findings and the implications are: First, as the business model gets more open, development period of technology will be more favorable which gets benefit from rising costs of innovation. Second, as the business model gets more open, large portion of sales are created from new products. Thus, the problem of shorter product life in the market which affects large portion of market revenue can be solved through an open business model. Third, in general, R&D intensity, firm size and the level of IP management affect determination of business model types. The findings also suggest that companies need to increasingly address their external technology exploitation process instead of focusing on their internal innovation processes.

Using Analytic Network Process to Establish Performance Evaluation Indicators for the R&D Management Department in Taiwan's High-tech Industry

  • Liu, Pang-Lo;Tsai, Chih-Hung
    • International Journal of Quality Innovation
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    • v.8 no.3
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    • pp.156-172
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    • 2007
  • The high-tech industry is the economic lifeline for Taiwan. Its characteristics are short product life cycle, rapid changes in the market, and a high obsolescence rate for new products. Under globalization, the high-tech industry has adopted Information Technology (IT) to shorten the manufacturing process, reduce costs and conduct product research and development (R&D) to increase the core competence of enterprises and achieve the goal of sustainable operations. Enterprises should actively strengthen their integration with internal and external resources and lead in R&D management to increase industrial operating performance. Effectively managing operations and R&D management evaluation in Taiwan's High-tech Industry has become a critical subject. This study adopted 4 major Balanced Scorecard (BSC) perspectives to establish the Total Performance Evaluation Indicators for the R&D management department in Taiwan's High-tech Industry. The Analytic Network Process (ANP) was applied to evaluate the overall performance of the R&D management department. The research framework is divided into 2 phases. The first phase is combined with the 4 major perspectives, Financial, Customer, Internal Business Process and Learning and Growth, as the related indicators for each measurement perspective. The Key Performance Indicators (KPI) were selected using Factor Analysis to identify the key factor from the complicated indicators. The relationship between the characteristics of each BSC's evaluation perspective is dependence and feedback. This study applied ANP to conduct the calculation and adjustment of correlation between each KPI, and determine on their relative weights for the objective KPI. The "Financial Perspective" for R&D management department in Taiwan's High-tech Industry focused on the budget achievement rate of R&D management. The weight indicator value is (0.05863). The "Customer Perspective" focused on problem-solving satisfaction. The weight value of this indicator is (0.17549). The "Internal Business Process Perspective" focused on the quantity and quality of R&D. The weight value of this indicator is (0.13506). The "Learning and Growth Perspective" focused on improving competence in the research personnel's professional techniques. The weight value of this indicator is (0.02789). From the total weighting indicators, the order of the Performance Indicators for the R&D management department in Taiwan's High-tech Industry is: (1) Customer Perspective; (2) Internal Business Process Perspective; (3) Financial Perspective; and (4) Learning and Growth Perspective.