• Title/Summary/Keyword: Technological Commercialization

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Effect of IT Manufacturing Firms' Technological Innovation Factors -From Government Support Level- (IT제조업 정부 지원 수준이 기술혁신에 미치는 영향)

  • Park, Tae-Hoon;Park, Kyung-Hye
    • Journal of Digital Convergence
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    • v.10 no.6
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    • pp.17-22
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    • 2012
  • The technological innovation of IT industry is the competitive tool for them to survive in the environment of an intensive competition. This technological innovation is critical in the survival of firms, but various factors should be considered to embody technological innovation success. This paper aims to identify the determinant factors of the outcome which influence the technological innovation based on the IT industry, and set up a model for measuring technological innovation success. A hypothesis was established for the impact relation between technological innovation success and government support level, which was verified through the logistic regression analysis. In conclusion, in terms of government support, IT manufacturing companies to the success of product innovation, technology development(R&D) and commercialization of direct support is needed for the financial support. And, the success of process innovation is accomplished through manpower training of technical personnel.

Success and Failure Factors of Technology Commercialization: A Korean Case

  • Kim, Chan-Ho;Ko, Chang-Ryong
    • Asian Journal of Innovation and Policy
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    • v.3 no.1
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    • pp.25-49
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    • 2014
  • We wanted to show the different group dynamics of factors for success and failure cases for technology commercialization in small technology-based firms. Existing studies are based on product level, project level, division level or firm level. We deal with technology level, and at small-technology-based firms. This is a longitudinal case study based on 8 cases from Korea. Our study on technology level is a first trial in success and failure studies unlike all existing studies. As a first step, we introduced new categories and factors such as technology attributes and CEO reflecting data, and especially a new concept of launch readiness level. Finally, we adopted correspondence analysis to show the group dynamics. The results are as follows; Technology factors are the most important factors. Second, resource-based factors are more critical in failure cases than success cases and technology factors are more critical to success.

An Empirical Study of Profiling Model for the SMEs with High Demand for Standards Using Data Mining (데이터마이닝을 이용한 표준정책 수요 중소기업의 프로파일링 연구: R&D 동기와 사업화 지원 정책을 중심으로)

  • Jun, Seung-pyo;Jung, JaeOong;Choi, San
    • Journal of Korea Technology Innovation Society
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    • v.19 no.3
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    • pp.511-544
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    • 2016
  • Standards boost technological innovation by promoting information sharing, compatibility, stability and quality. Identifying groups of companies that particularly benefit from these functions of standards in their technological innovation and commercialization helps to customize planning and implementation of standards-related policies for demand groups. For this purpose, this study engages in profiling of SMEs whose R&D objective is to respond to standards as well as those who need to implement standards system for technological commercialization. Then it suggests a prediction model that can distinguish such companies from others. To this end, decision tree analysis is conducted for profiling of characteristics of subject SMEs through data mining. Subject SMEs include (1) those that engage in R&D to respond to standards (Group1) or (2) those in need of product standard or technological certification policies for commercialization purposes (Group 2). Then the study proposes a prediction model that can distinguish Groups 1 and 2 from others based on several variables by adopting discriminant analysis. The practicality of discriminant formula is statistically verified. The study suggests that Group 1 companies are distinguished in variables such as time spent on R&D planning, KoreanStandardIndustryClassification (KSIC) category, number of employees and novelty of technologies. Profiling result of Group 2 companies suggests that they are differentiated in variables such as KSIC category, major clients of the companies, time spent on R&D and ability to test and verify their technologies. The prediction model proposed herein is designed based on the outcomes of profiling and discriminant analysis. Its purpose is to serve in the planning or implementation processes of standards-related policies through providing objective information on companies in need of relevant support and thereby to enhance overall success rate of standards-related projects.

A Study on the Performance and the Influence factors of Open Innovation of Knowledge-based Exporting companies. (지식기반형 수출기업의 개방형혁신 성과와 영향요인에 관한 연구)

  • Kim, Gwi-Ok
    • International Commerce and Information Review
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    • v.12 no.2
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    • pp.325-355
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    • 2010
  • Knowledge-based exporting companies in Korea have reached a stage to develop new technological innovation and to pioneer new markets. But, developing new technologies and launching new products require an enormous sum of money for Research and Development(R&D) and there is still uncertainty in technological development and markets. Therefore, through open technological innovation, they are encouraged to actively use external technological sources and ideas. They also need to enhance the efficiency of the relatively little R&D investment. In this paper, firstly, it conducts a precedent study on the concept and influence factors of knowledge-based exporting companies and open technological innovation. Secondly, it sets a study model and estimates a regression coefficient to analyze the influence factors of open technological innovation of knowledge-based exporting companies which are using external resources on the process of innovation. Through case study and empirical analysis, we are going to find the implication of open technological innovation and prepare the way of the innovation for the knowledge-based exporting companies. According to the empirical analysis, variables such as firm size, processing degree, product life, patent registration, maintaining internal security didn't have positive effects on open innovation performance. On the other hand, research capability and market preoccupancy had positive effects. Therefore, to succeed in open innovation, knowledge-based exporting companies not only need to secure research capability through open innovation, but also need to preoccupy the market through commercialization of developed product.

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Resolving CTGAN-based data imbalance for commercialization of public technology (공공기술 사업화를 위한 CTGAN 기반 데이터 불균형 해소)

  • Hwang, Chul-Hyun
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.26 no.1
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    • pp.64-69
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    • 2022
  • Commercialization of public technology is the transfer of government-led scientific and technological innovation and R&D results to the private sector, and is recognized as a key achievement driving economic growth. Therefore, in order to activate technology transfer, various machine learning methods are being studied to identify success factors or to match public technology with high commercialization potential and demanding companies. However, public technology commercialization data is in the form of a table and has a problem that machine learning performance is not high because it is in an imbalanced state with a large difference in success-failure ratio. In this paper, we present a method of utilizing CTGAN to resolve imbalances in public technology data in tabular form. In addition, to verify the effectiveness of the proposed method, a comparative experiment with SMOTE, a statistical approach, was performed using actual public technology commercialization data. In many experimental cases, it was confirmed that CTGAN reliably predicts public technology commercialization success cases.

The Study of the Increase of Entrepreneurship and Entrepreneurial Competency Thru Win-Win Type Field Study: New Store Movement Case (상생형 현장실습교육을 통한 기업가정신과 창업가 역량 향상에 관한 연구: 새가게운동 사례)

  • Lee, You-Tay;Jung, Dae Sung;Oh, Youn Seok
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.1
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    • pp.121-130
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    • 2016
  • There is a growing interest in the technology transfer and commercialization both at home and abroad. Accordingly, this study looked at the concept of technology transfer and commercialization, identified the factors that should be taken into account in order to facilitate technology transfer and commercialization, and then performed a empirical analysis. As for the conventional technology transfer and commercialization, there was a tendency to limit its scope to the exploration, transfer and commercialization of technology itself. Here in this research, technology transfer and commercialization is defined the category to expand as various activities implemented in order to make sure that intellectual properties such as intangible technological developments, know-how, and knowledge are transferred between the relevant parties through a contract or negotiation, and the party to which the transfer is made can then further develop and exploit the technology into tangible products and other activities to obtain economic benefit out of that. In addition, the findings of the positive analysis of technology transfer and commercialization revealed that the focus of facilitating technology transfer has been on the technology itself, its management and securing efficiency of the systems and institutions involved in the technology transfer and commercialization. So there was lack of recognition as to the importance of financial support given to the phase of technology commercialization. This indicates that when it comes to the technology transfer and commercialization, quantitative performance has been the focus of interest such as patent application, registration, number of technology transfers, royalty, etc. So there was not enough understanding as to the issues of starting up a business, creating quality jobs through technology transfer and commercialization, which are directly related to the realization of the creative economy. In this regard, this research is expected to be used for the development for the future policies to boost technology transfer and commercialization as it suggests not only simply ensuring quantitative performance but also necessary to create the environment for the creation of the stable ecosystem for the parties involved in the technology transfer and commercialization and then to build circumstances in which creative economy can be realized.

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A Study on the Development of National Technology Commercialization Indicators (국가기술사업화지표 개발 방안 연구)

  • Choi Sung-Ho;Moon Hye-Seon
    • Journal of Korea Technology Innovation Society
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    • v.9 no.1
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    • pp.26-51
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    • 2006
  • Recently technology commercialization has been the focus of technology Promotion Policy in Korea. This paper tries to develop a composite indicator for measuring trends and prospects of national technology commercialization through integrating large amount of information into easily understood formats. The indicator is composed of five sector indicators including activity, cooperation or networking, performance, environment, and psychology indicators, each of which aggregates five individual variables. The statistical method of standardizing and weighting variables in the aggregation process are also mentioned. This indicator is expected to be a useful monitoring and policy tool for the Korean technology market.

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The Construction and Development of Support System for Satellite image Commercialization (위성영상 상용화 지원시스템 구축 및 개발)

  • Bae, Hee-Jin;Jeon, Gab-Ho;Jun, Jung-Nam;Kim, Min-A;Chae, Tae-Byeong
    • Current Industrial and Technological Trends in Aerospace
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    • v.8 no.1
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    • pp.25-32
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    • 2010
  • Utilization of KOMPSAT-2 satellite image is growing, because the resolution of KOMPSAT -2 is improved 43.5 times than that of KOMPSAT-1. To support for satellite image commercialization, KOCUST(KOMPSAT Customer & User Support Team) was composed, operation process was established and defined and support system for satellite image Commercialization was constructed. Also the support system constantly is improved for various user. In this paper, organization and function of support system developed so far these days for commercial user and operations related with it were described. In addition, direction of development was discussed

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A Macro Analysis of Technology Billionaires : A Retrospective Approach of Technology Commercialization (기술업 억만장자 거시분석 : 거꾸로 보는 기술사업화 관점에서)

  • Kim, Moonhwan;Seol, Sung-Soo
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1606-1632
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    • 2018
  • This study analyzes the technology billionaires with the combination of technology commercialization studies and billionaire research. However, we will not discuss individual billionaires, but discuss the general features of technology billionaires. This study assumes that the answers to the technology commercialization studies are in the technology billionaire researches. In other words, unlike the technology commercialization studies so far, it can be said that it is a retrospective approach of technology commercialization to see the process and the beginning from the result. The conclusion of this study is as follows. First, technology billionaires are in the middle rank among industries, but their wealth is the best. Second, in the technology sector, four 20s are self-made billionaires. It is a matter of securing technological opportunities, not a long training and preparation. Third, the determinants of technology billionaires are population size and venture capital investment. This means technological efforts and sufficient market conditions are the basis for the development of technology billionaires. Fourth, only high income is not the determinant of technology billionaires. There are many small countries that are very rich but can not utilize technology. Technology billionaires can appear in countries with a minimum of US $ 20,000, unless the country has a huge population such as China and India. Sixth, technology billionaires in the diversified business, classified as Chaebol in low-income countries become scarce in the countries over the US $ 40,000. Billionaires will increase rapidly from the mid-2000s. However, this is not explained by the income increase effect. The world's income increase has been slowing since the 1980s. The market economy effect of the socialist countries is not the reason, because it is limited to some socialist countries. Ultimately, the main reason is the new technology opportunity called the IT paradigm.

Development Strategy of Clean Hydrogen Production by Renewable Energy-based Water Electrolysis in Korea (국내 재생에너지 연계 수전해 청정수소 생산 발전 전략: 국내외 관련 연구의 비교, 분석을 중심으로)

  • YOUNG YIEL CHOI;IN SUNG JUNG;TAE JIN KIM
    • Transactions of the Korean hydrogen and new energy society
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    • v.34 no.5
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    • pp.389-397
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    • 2023
  • This study compares domestic and foreign research on renewable energy-based water electrolysis clean hydrogen. Domestic studies from 2010 to 2023 focused on technological efficiency, energy efficiency, and system efficiency, with few analyzing infrastructure and technology trends. Overseas research initially focused on technological efficiency and stability, but has since shifted to economic and environmental impact, policy effectiveness, industry-university-research cooperation, and sustainability. To improve water electrolysis technology production, this study suggests prioritizing technology stability over efficiency, resolving government regulations and resident acceptance issues, promoting industry-university-institute cooperation for rapid commercialization of research results, and developing a strategy for sustainable development of renewable energy-based water electrolysis technology.