• Title/Summary/Keyword: Sequential Innovation

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The Effect of Corporate Social Responsibility(CSR) Activities on Innovation Performance: The Sequential Mediation Effect of Knowledge Sharing and Innovation Behavior (기업의 사회적 책임(CSR) 활동이 혁신성과에 미치는 영향: 지식공유와 혁신행동의 직렬이중매개효과)

  • Yang Lyu;Chun-Hua Jin
    • Asia-Pacific Journal of Business
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    • v.14 no.2
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    • pp.63-84
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    • 2023
  • Purpose - The purpose of this study is to examine the effect of CSR activities on innovation performance and to identify the mediating role of knowledge sharing and innovation behaviors between CSR activities and innovation performance. In addition, the purpose of this study is to verify the role of sequential mediating effect of knowledge sharing and innovation behavior between CSR activities and innovation performance. Design/methodology/approach - This study collected survey data from 293 organizational members working in Chinese companies. The exploratory factor analysis (EFA), confirmatory factor analysis (CFA), reliability analysis, correlation analysis and process macro were used in order to analyze the data. Findings - First, this study verified that CSR activities had a significant positive effect on knowledge sharing, innovation behavior, and innovation performance. Second, it was found that knowledge sharing had a significant positive effect on innovation behavior and innovation performance. Third, it was verified that innovation behavior had a significant positive effect on innovation performance. Fourth, knowledge sharing and innovation behavior had a sequential mediating effect in the relationship between CSR activities and innovation performance. Research implications or Originality - With the uncertainty of the environment and the intensification of competition among companies, more and more companies begin to pay attention to innovation. Different from existing studies, this study focuses on CSR activities, identifies the role of CSR activities, explores ways to guide innovation performance, and verifies the sequential mediating role of knowledge sharing and innovation behavior. Through this measure, the importance of knowledge sharing and innovative behavior among organizational members is emphasized, solutions to strengthen innovation are explored, and theoretical and practical implications are provided for companies.

Valuation of Two-Stage Technology Investment Using Double Real Option (이중실물옵션을 활용한 단계별 기술투자 가치평가)

  • 성웅현
    • Journal of Korea Technology Innovation Society
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    • v.5 no.2
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    • pp.141-151
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    • 2002
  • Many technology investment projects can be considered as set of sequential options. A compound real option can be used for evaluating sequential technology investment decisions under significant uncertainty and measuring its value. In this paper, the formula developed by Geske and Johnson(1984) and Buraschi and Dumas(2001) was applied to evaluate the technology investment with related double real option. Also double real option was com-pared with net present value method and multiple linear regression model was used to assess the partial effects of risk free rate and log-term volatility on its value.

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Review for Innovation and Patent System in the Pharmaceutical Sector

  • Minn, Mari
    • STI Policy Review
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    • v.8 no.1
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    • pp.87-112
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    • 2017
  • This study analyzes patenting practices in the pharmaceutical industry and the impacts of sequential innovation. The main argument of the research is that strategic patenting is common in the pharmaceutical sector and it is legal within the context of patent law. However, when these practices have negative effects on the competition process post-grant, the practices that are legal under patent law may come into conflict with antitrust laws, which are not applied. The study brings into question whether sequential patenting practices characteristic of the pharmaceutical industry encourage or discourage innovation, and moreover, the overall functionality of the patent system. Ultimately, the functionality of the patent system creates market incentives that neglect consumer, i.e., patient, welfare; potential solutions to deal with the shortcomings are discussed.

What Motivates Start-up Firms When Innovations are Sequential? (순차적인 혁신하에서 창업기업에 어떤 동기부여가 가능한가?)

  • Park, In-Uck
    • KDI Journal of Economic Policy
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    • v.28 no.1
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    • pp.219-231
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    • 2006
  • This paper presents a dynamic analysis of the interaction between incumbent firms and successful new entrepreneurs, that can provide R&D incentives when innovations are cumulative/sequential. It is argued that the insights of the basic model extend to varying market structures and regulatory environments.

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A Reengineering Technique for Logistics Process Innovation and Case Study (수주-생산-출하업무 프로세스 혁신 재설계 방법 및 추진사례)

  • 박연기
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.22 no.50
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    • pp.293-302
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    • 1999
  • This paper presents an efficient reengineering technique for the logistics process innovation which is the foundation of supply-chain management. Based on consulting experience on the domestic manufacturing firms, this paper provides promotion step for logistics innovation and six reengineering points including check system for customer's credit limit, check system of real-time inventory information, automatic system for sequential production plan, automatic order-release system, automatic packing system, and happy-call system for order-forward information. For each reengineering point, application cases in domestic industry are also presented.

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Underwater Target Discrimination using Sequential Testings and Data Fusion (순차 검증과 자료융합을 이용한 수중 표적 판별)

  • Kwak, Eun-Joo
    • Proceedings of the KIEE Conference
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    • 1998.07b
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    • pp.657-659
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    • 1998
  • In this paper we discuss an algorithm to discriminate a target under track against multiple acoustic counter-measure (ACM) sources, based on sequential testings of multiple hypotheses. The ACM sources are separated from the target under track and generate, while drifting, measurements with false range and Doppler information. The purpose of the ACM is to mislead the target tracking and to help the true target evade a pursuer. The proposed algorithm uses as a test statistic a function of both the sequences of processed waveform signature and the innovation sequences from extended Kalman filters to estimate the target dynamics and the drifting positions of the ACM sources. Numerical experiments on various scenarios show that the proposed algorithm discriminates the target faster with a higher probability of success than the algorithm using only the innovation sequences from extended Kalman filters.

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Organisational Innovation Diffusion: the Case of Saudi Arabian Project-based Organisations

  • Alghadeer, Abdulaziz;Mohamed, Sherif
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.491-495
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    • 2015
  • This paper aims to provide some unique insights into the verification of organisational innovation diffusion through empirically identifying the major factors determining the level of organisational innovation diffusion. The paper presents a two-stage sequential mixed method analysis: structural equation modelling analysis and regression analysis. A questionnaire survey was administrated to a sample of 223 organisations operating in Saudi Arabia. The results suggest that participative culture and, technology availability and implementation would intensify organisational climate for innovation. The results revealed compelling evidence in support of the moderating role of technology on the relationship between country socio-culture and organisational climate for innovation. Equally important, organisational innovation characteristics could play a crucial role in the intention to adopt a particular innovation. Specifically, maintaining Saudi Arabian top management's status quo is an obstacle to organisational innovation diffusion. This paper expands and improves upon the current understanding of how organisational innovation diffusion, in particular the Project Management Office (PMO), can be accelerated. By focusing on the critical factors within the conceptual model, the paper depicts the crucial role of certain factors that could leverage improved organisational innovation diffusion outcomes.

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A Study on the Relationship between Innovation Activity and Business Results - Focused on the Small and Medium Manufacturing Enterprises - (기업의 혁신활동과 경영성과와의 관계 - 국내 중소제조업을 중심으로 -)

  • Jang, Kwang-Soon;Kim, Yong-Beom;Koo, Il-Seob
    • Journal of Korean Society for Quality Management
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    • v.38 no.4
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    • pp.512-520
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    • 2010
  • This research is the analysis of using structural equation method in order to investigate the cause and effect relationship among the elements related to the innovation activity and the degree of the influence on that, and in order to make sure the sequential processes into the meaningful management performance for improving the efficiency and effectiveness of a various of innovation activities performing in the domestic small and medium enterprise. To perform this research, we surveyed CEOs, managers, workers working for manufacturing business, we distributed 250 sheets totally and withdrew 206 sheets. we analyzed 169 sheets that we could use for this research using SPSS 15.0 and AMOS 18.0 program.

Development of ICT as an evolutionary process

  • Hwang, Gyu-hee
    • Journal of Korea Technology Innovation Society
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    • v.5 no.2
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    • pp.189-211
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    • 2002
  • The research shows how the technological change of 'Information and Communication Technology' (ICT) is accompanied with the usage change. It aims to provide a better conceptualization with empirical findings about the fact that the technological development of ICT is a convergence process of ICT factors with the usage of ICT moving from a limited coverage toward a general-purpose. The research adapts a descriptive methodology on a historical matter and demonstrates how it can be conducted through analytical description of Input-Output tables (I/O) the over periods. The case is about the UK with sequential I/O during 1970s- 90s.

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Korean Innovation Model, Revisited

  • Choi, Youngrak
    • STI Policy Review
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    • v.1 no.1
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    • pp.93-109
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    • 2010
  • Over the last decade, some Korean enterprises have emerged to become global players in their specialized products. How have they achieved such tremendous technological progress in a short period of time? This paper explores that question by examining the characteristics of technological innovation activities at major Korean enterprises. The paper begins with a brief review of the stages of economic growth and science and technology development in Korea. Then, the existing literature, explaining the Korean innovation model, is analyzed in order to establish a new framework for the Korean innovation model. Specifically, Korean firms have experienced three sequential phases, and thus, the Korean model, at the firm level, can be coined as "path-following," "path-revealing," and "path-creating." Then, the stylized facts in the first phase (path-following) and the second phase (path-revealing) are discussed, in the context of empirical evidence from the areas of memory chips, automobiles, shipbuilding, and steel. In terms of technology development, the Korean model has evolved as "collective learning" in the first phase, "collective recombination" of existing knowledge and technology in the second phase, and is assumed as "collective creativity" in the third phase. Ultimately, all three can be classified as "collective creation". Korean firms now face a transition in the modes of technological innovation in order to efficiently implement the third phase. To achieve remarkable progress again, as they did in the past, and to sustain the growth momentum, Korean firms should challenge new dimensions such as creative technological ideas, distinctive technological capabilities, and unique innovation systems -- all of which connote 'uniqueness'. Finally, some lessons from the Korean technological innovation experience are addressed.