• Title/Summary/Keyword: Technological Impact

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The Effect of Entrepreneurs' Characteristic, Technological Capabilities and Network on Firm Performance of Technology-based Start-ups (기업가, 기술 및 네트워크 특성이 기술창업기업의 성과에 미치는 영향)

  • Kwun, Mi-Young;Jeong, Hae-Joo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.1
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    • pp.7-18
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    • 2012
  • So many researchers have been interested in key success factors of technological start-ups. However, even previous studies have focussed on key success factors, as their findings have not been consistent. The purpose of this study is to investigate the determinants of technological start-ups' performance. The first aim of this study is intended to explores impact of entrepreneurs' characteristics, technological capabilities and network on firm performance. The second aim is to examine the causal relationships among latent variables with firm performance and with the use of path analysis. For this study, information has been gathered through surveys from entrepreneurs of 701 Korean technological start-up companies. As for analysis of the data, SPSS 18.0 OK for Windows and AMOS 4.0 were used for testing of hypothesis. Results of the hypothesis testing are summarized as follows: First, it was found that entrepreneurs' characteristics, technological capabilities and network had statistically significant influence on firm performance. Second, entrepreneurs' characteristics had significant influence on technological capabilities and network. Third, network did not have significant influence on technological capabilities. The major contributions of this study are (1) identifying the determinants on firm performance of technology-based start-ups by means of structural equation model, (2) verifying effects on firm performance of technology-based start-ups by the variables.

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Analysis of Type and Determinants of SME Technological Innovation in Daejeon (대전 중소·벤처기업의 기술혁신 유형 현황 및 결정요인 분석)

  • Kim, Min-Seok;An, Gi-Don
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.5
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    • pp.175-189
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    • 2020
  • Daejeon City has strived to support the SMEs to innovate technologies based on the capabilities of research and development of the Daedeok Innopolis. It is widely known that technological innovation is the key strategy of Small medium enterprises(SME) to survive and succeed in a market. This study aims to analyze the type and determinants of SME technological innovation in Daejeon. Even though most of firms are the small enterprises which employ less than 10 workers in Daejeon, the number of technology-oriented company per capita in Daejeon is highest in South Korea. The type of technological innovation is divided between product innovation and process innovation. The literature insists that technology-oriented small firm tends to implement product innovation rather than process innovation. SMEs in Daejeon also provided more output from product innovation than process innovation. The empirical analysis provided the results that the determinants of SME's technological innovation depends on its type. The scale of firm, R&D investment, and R&D employees positively influence product innovation of SMEs in Daejeon. However, the impact of R&D employees is not significant on innovating the existing product. Process innovation is positively affected by R&D investment and firm age. The study provides the policy implications to business supporting programs of Daejeon government. The business supporting policy of Daejeon government should focus on supporting each type of technological innovation to promote technological innovation by SME and consider strategies that focus on R&D investment and manpower support.

The Impacts of Innovation Resistance Management on Technological activities and Innovation Performance (기업의 혁신저항관리활동이 기술혁신활동과 혁신성과에 미치는 영향)

  • Ban, Jae-In;Kim, Sung-Hong
    • Journal of Korea Technology Innovation Society
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    • v.15 no.3
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    • pp.627-648
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    • 2012
  • The Purpose of current study is to empirically examine the impact of innovation resistance management practices on technological innovation activities and its performance. Drawing upon literature review, innovation resistance management practices are conceptualized and the measurement items of independent and dependent variables are developed. Survey-based data for this study was collected from 300 Korea manufacturers. The results of structural equation modeling analysis are as follows. First, innovation resistance management practices significantly affected on technological innovation activities and its performance. Second, technological innovation activities affected on its performance. Therefore, in order to make high innovation performance, corporate have to properly implement the innovation resistance management practices.

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Analysis of vibration characterization of a multi-stage planetary gear transmission system containing faults

  • Hao Dong;Yue Bi;Bing-Xing Ren;Zhen-Bin Liu;Yue, Li
    • Structural Engineering and Mechanics
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    • v.88 no.4
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    • pp.389-403
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    • 2023
  • In order to explore the influence of tooth root cracks on the dynamic characteristics of multi-stage planetary gear transmission systems, a concentrated parameter method was used to construct a nonlinear dynamic model of the system with 30-DOF in bending and torsion, taking into account factors such as crack depth, length, angle, error, time-varying meshing stiffness (TVMS), and damping. In the model, the energy method was used to establish a TVMS model with cracks, and the influence of cracks on the TVMS of the system was studied. By using the Runge- Kutta method to calculate the differential equations of system dynamics, a series of system vibration diagrams containing cracks were obtained, and the influence of different crack parameters on the vibration of the system was analyzed. And vibration testing experiments were conducted on the system with planetary gear cracks. The results show that when the gear contains cracks, the TVMS of the system will decrease, and as the cracks intensify, the TVMS will decrease. When cracks appear on the II-stage planetary gear, the system will experience impact effects with intervals of rotation cycles of the II-stage planetary gear. There will be obvious sidebands near the meshing frequency doubling, and the vibration trajectory of the gear will also become disordered. These situations will become more and more obvious as the degree of cracks intensifies. Through experiments, the theoretical results are in good agreement with experimental results, verifying the correctness of the theoretical model. This provides a theoretical basis for fault diagnosis and reliability research of the system.

Comparative assessment of surface and ground water quality using geoinformatics

  • Giridhar, M.V.S.S.;Mohan, Shyama;Kumar, D. Ajay
    • Advances in environmental research
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    • v.9 no.3
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    • pp.151-160
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    • 2020
  • Water quality demonstrates physical, chemical and biological characteristics of water. The quality of surface and groundwater is currently an important concern with population growth and industrialization. Over exploitation of water resources due to demand is causing the deterioration of surface water and ground water. Periodic water quality testing must be carried out to protect our water resources. The present research analyses the spatial variation of surface water and groundwater in and around the lakes of Hyderabad. Twenty-Seven lakes and their neighboring bore water samples are obtained for water quality monitoring. Samples are evaluated for specific physico-chemical parameters such as pH, Total Dissolved Solids (TDS), Cl, SO4, Na, K, Ca, Mg, and Total Hardness (TH). The spatial variation of water quality parameters for the 27 lakes and groundwater were analysed. Correlation and multiple regression analysis were carried out to determine comparative study of lake and ground water. The study found that most of the lakes were polluted and this had an impact on surrounding ground water.

A Global Perspective on Green Sustainability, Corporate Reputation, and Technological Strength for Firm Performance Across Countries

  • Lee, Jooh
    • Journal of Distribution Science
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    • v.10 no.8
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    • pp.15-23
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    • 2012
  • This study is an attempt to explore the nature and characteristics of strategic impact of green strategy by environmental capital, corporate reputation, and technology strengths on the firm's performance across countries. The main question addressed in this paper relates to how corporate sustainability, corporate reputation, technology strength, and capabilities influence the firm's economic performance with respect to diverse dimensions of performance measures including sustained growth through the leading firms across countries in the United States, Canada, Europe, and Asia-Pacific countries. Particularly, this study attempts to empirically explore the directions and magnitudes of the operational links between new emerging strategic core competencies (e.g., sustainability green strategy by environmental focus for more sustainable path, corporate reputation by corporate social responsibility and image enhancement, and technology strengths to develop a new product and market) and the firm's economic performance with respect to diverse dimensions of performance such as accounting (ROE and EOA) - and market-based performance (Market value and Tobin's q). Considering all possible limitations that might exist with regard to selected samples and methods, this study demonstrates that environmental sustainability, corporate reputation, technological capabilities and competencies through R&D intensity and patent are most likely to be significantly associated with most market-based performance measures, but the strategic significance of other variables such as capital intensity, leverage, and administrative cost efficiency on performance tends to be different depending on which performance measure is used across different countries with diverse economic and business contexts.

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The Role of Structural Holes in Uncertain Environments in Channel Relationships

  • Kim, Min-Jung
    • Journal of Distribution Science
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    • v.16 no.6
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    • pp.25-35
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    • 2018
  • Purpose - Although marketing networks are crucial competitive advantage in terms of firm's new information and resource acquisition ability, their impact on new product development performance remains vague, especially under environmental uncertainty. The principal objective of this research is to provide a better understanding of effects of technological uncertainty and volume uncertainty on first tier supplier's perceived performance of new product development under conditions reflecting varying levels of structural holes. Specifically, this research examines the moderating effect of structural holes on the relationship between environmental uncertainty and new product development performance. Research design, data, and methodology - To test the hypotheses, a questionnaire survey was conducted with a Korean engineering firm's major first-tier suppliers in the context of internal network entities, manufacturer-supplier-subsupplier relationships, and to verify the proposed hypotheses, structural equation modeling was established. Construct measures were based on existing measures and previous research. Results - The survey results indicate that technological uncertainty and volume uncertainty differentially affect NPD performance under conditions of high and low structural holes. Conclusions - This study offer some theoretical and practical implications among distribution channel members, especially, this study suggests that interfirm networks have critical competitive advantage in uncertain environments. The distinctiveness of engineering industry might limit the generalizability of the results. Thus, future research should consider a wider range of industries.

The effects of Technological and Business Expertise of IT Service Provider on Relationship Quality: The case of EMR system (IT 서비스 제공자의 기술/업무 전문성이 관계품질에 미치는 영향: 전자의무기록 시스템의 사례)

  • Park, Jun-Gi;Lee, Sangwoo;Shin, Hyunkyung;Lee, Jungwoo
    • Korea Journal of Hospital Management
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    • v.20 no.1
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    • pp.39-52
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    • 2015
  • This study provides empirical evidence for the role of IT professional's expertise in hospital IT service encounters. It is posited here that IT professional's technological expertise and business expertise are associated with relationship quality(trust, satisfaction, commitment). Partial least square analyses are conducted, using data collected from 216 hospital workers. The results confirm that technological expertise strongly impacts on commitment and business expertise maintain a strong impact on satisfaction and trust. This study uses a cross-sectional survey as a research method. Longitudinal study seems necessary to further explore how expertise perception is actually formed between IT professionals and users in hospital service environments. The analysis also reveals that it takes time to grow relationship quality. Implications are discussed, and further studies are suggested.

Media coverage of the conflicts over the 4th Industrial Revolution in the Republic of Korea from 2016 to 2020: a text-mining approach

  • Yang, Jiseong;Kim, Byungjun;Lee, Wonjae
    • Asian Journal of Innovation and Policy
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    • v.11 no.2
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    • pp.202-221
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    • 2022
  • The media has depicted an abrupt socio-technological change in the Republic of Korea with the 4th Industrial Revolution. Because technologies cannot realize their potential without social acceptance, studying conflicts incurred by such a change is imperative. However, little literature has focused on conflicts caused by technologies. Therefore, the current study investigated media coverage regarding conflicts related to the 4th Industrial Revolution from 2016 to 2020 in the Republic of Korea, applying text-mining techniques. We found that the overall amount and coverage pattern conforms to the issue attention cycle. Also, the three major topics ("SMEs & Startups," "Mobility Conflict," and "Human & Technology") indicate quarrels between conflicting social entities. Moreover, the temporal change in media coverage implies the political use of the term rather than technological. However, we also found the media's deliberative discussion on the socio-technological impact. This study is significant because we expanded the discussion on media coverage of technologies to the realm of social conflicts. Furthermore, we explored the news articles of the recent five years with a text-mining approach that enhanced the objectivity of the research.

Spending on Distribution Information and Communication Technologies and Cost-Effective Operation in Banks

  • PHAN, Anh;LU, Chi Huu;NGUYEN, Phuong Minh
    • Journal of Distribution Science
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    • v.20 no.9
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    • pp.11-21
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    • 2022
  • Purpose: Many concerns have appeared in banking sector in the digital era and one of them is that technology development will increase operation costs of banks. Motivated by this issue, our study aims to explore the effect of technological and digital investments on cost-effectiveness of banking operation. Research design, data and methodology: To reach a clear answer, we use the data of 12 commercial banks spanning from 2011 to 2020 in Vietnam and employ multivariate regression analysis as well as perform various robustness tests. Results: Our regression result indicates that the adverse effect of technological spending on cost-effective operation. This finding still remains unchanged when we conduct different robust tests. Also, we find that this negative impact becomes more evident in large banks than in small ones. Conclusions: The paper provides one of the most important empirical results for mangers and policy-makers in banking sphere, especially in Vietnam where regulators have been calling for continuously investing into technological innovation in banks. The evidence confirms that banks should carefully consider an increase in spending on distribution information and communication technologies when constructing business strategies related to expanding digitalization. Our research is also useful for countries having similar financial structure to Vietnam.