• Title/Summary/Keyword: Technological Innovation

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A Study on the Technology Evaluation Index for Superior Product Selection in the Public Procurement System : Focusing SME Technological Innovation (중소기업의 기술혁신 촉진을 위한 우수조달물품 지정제도 평가항목 개선방안에 관한 연구)

  • Cho, Daemyeong;Lee, Saehun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.2
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    • pp.19-26
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    • 2014
  • With the radical changes and advancements of industrial economy, it is required to secure product competitiveness through technological innovations to overcome uncertain environments and generate a driving force for sustainable growth. So the Korea government introduced the superior product selection system in 1996 and has granted such incentives as priority purchasing and contracts the products of SME whose technological capabilities have passed the screening criteria. After analyzing the ambiguity of the evaluation procurement used in designation of excellent product, this study proposed seven detailed indexes for evaluation.

Sources of Income Polarization in Korea: Globalization and Technological Innovation

  • Shin, Taeyoung
    • STI Policy Review
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    • v.7 no.2
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    • pp.1-15
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    • 2016
  • This study provides empirical evidences for the relationship between income inequality and economic growth, and relationship of income inequality with some of explanatory variables such as technological innovation, trade globalization, financial globalization and fiscal policy. We find out that income inequality has an adverse effect on economic growth, showing its dynamic features, for which we employed the polynomial distributed lags (PDL) model. The effect of income inequality on economic growth lasts over 9 years, and its dynamic effect peaks after 4 years. In addition, we also attempted to find out empirical evidences of sources of income inequality. The results show that income inequality is positively related to technological innovation, financial globalization, and fiscal policy; negatively related to the trade globalization. Many studies employ cross-country data, but it could have serious problems in collecting statistical data. Korean data is used over the time period of 1990-2015 in this study.

Regional Innovation Capabilities and Firms' Technological Innovation Activities in Chungnam Province of South Korea (충남 북부지역의 지역혁신역량과 기업의 기술혁신활동)

  • Kim, Byung-Keun;Om, Ki-Yong;Ryu, Heung-Yuel
    • Journal of Korea Technology Innovation Society
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    • v.12 no.1
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    • pp.265-289
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    • 2009
  • This research analyzed regional innovation capabilities and technological activities of firms in Chungnam province of South Korea on the basis of a questionnaire survey of 64 regional manufacturing firms. The existence and level of regional innovation capabilities were measured by the perceptions of firms, a core actor in the regional innovation system. The analysis result revealed that research capabilities of academia, capabilities of R&D institutes, technological capabilities of industry, and governmental policy support were recognized as major capabilities of the regional innovation system. Regional proximity was also found to have significant influence on firms‘ sources of technological innovation and selection of collaboration partners. Practical as well as theoretical implications of the findings and future research directions were discussed at the last part.

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The Managing innovation strategies for the Korea Research Council of Fundamental Science & Technology and Government Sponsored Research Institutes (기초기술연구회 및 출연(연)의 혁신경영 전략)

  • Lee Kyong-Jae;Hwang Doo-Hee;Jung Dong-Duk;Lee Sung-Woo;Cho Sung-Bok
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2005.10a
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    • pp.228-248
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    • 2005
  • This paper suggests the concept of the innovation management. Above all it is important to make excellent application of the management for the S&T Research Council and Government Sponsored Research Institutes. This paper will discuss three critical issues that is, the first, what makes clear a point of different strategy for the organizational and the technological innovation focused organization. Second, how makes containing the environmental factors and the target of the innovation into the innovation management strategy. Third, how achieves the performance through the managing innovation. We present a modified BSC strategy in order to manage innovation and to set up a platform for sustaining to deal with the innovation.

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User industry and accumulation of technological capabilities of producers-Finnings from the Korean machine tool industry

  • 임채성
    • Proceedings of the Technology Innovation Conference
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    • 2001.06a
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    • pp.71-95
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    • 2001
  • This study reveals that the user industry has a limited role as a source of technological capability in the case of the machine tools in Korea where the user industry is relatively mope advanced than other capital goods industry. The study examined the sources of technological capability in terms of migration of workforce and flow of product design information. Although the capital goods sector is generally regarded as being the sector where the user producer interaction is important the user industry failed to be the seed-bed of technological capability to develop machines. This study argues that this finding could have implications to the specificity of capital goods in a developing country.

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Two Stages of R&D Spillovers: Technological and Economic Impacts

  • Cho, Kawon
    • STI Policy Review
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    • v.1 no.3
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    • pp.53-68
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    • 2010
  • This paper empirically evaluates the effects of regional and industrial R&D on the performances of individual firms in two separated stages: (1) the stage of technological outcome from R&D and (2) the stage of economic outcome from technological outcome. Technological spillovers are separated from negative congestion effects through the stage-specific estimation. The firm-level Korean Innovation Survey data merit in coping with the endogeneity problem inherent in the estimation of spillovers. The estimation results show that: (1) there exist significant R&D spillovers both in regional and industrial dimensions, (2) the hypothesized technological spillovers and economic congestion effects are both in effect, and (3) firms with smaller individual R&D investments show greater spillovers.

Organizational Culture and Technological Innovation of SMEs in Daegu: The Moderating Effect of Job Stability and Environmental Uncertainty (대구지역 중소기업의 조직문화와 기술혁신: 고용안정성과 환경불확실성의 조절효과)

  • Im, Chae-Hyon;Shin, Jin-Kyo;Hwang, Su-Jung
    • Management & Information Systems Review
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    • v.31 no.1
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    • pp.183-203
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    • 2012
  • This paper investigates how small-medium firms deploy organizational culture, job stability and environmental uncertainty for technological innovation(product and process innovation). This paper suggests that organizational culture has significant effects on technological innovation, that job stability and environmental uncertainty moderate relationship between organizational culture and technological innovation. To test the hypotheses, data were collected from small-medium firms. The survey data of 258 firms were collected and integrated as the empirical base for testing the hypotheses. Major results are as follows: Firstly, when organizational culture as well as control variables are considered, organizational culture had significant and positive effects on product innovation. This result implies that organizational culture is an important means by which small-medium firms can promote innovation. Secondly, the interaction between organizational culture and job stability had a positive and significant effects on product innovation. Thirdly, the interaction between organizational culture and environmental uncertainty had a positive and significant effects on product innovation and process innovation. This paper suggests implications and several future researches need to overcome the limitations of this paper.

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Rethinking Informal R&D Activities: Its Impact on Technological Innovation (비공식적인 연구개발 활동이 기술혁신에 미치는 영향)

  • Oh, Chihun;Moon, Seongwuk;Ahn, Joon Mo
    • Journal of Korea Technology Innovation Society
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    • v.19 no.2
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    • pp.302-323
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    • 2016
  • To date, the literature has focused on formal R&D activities, such as internal, joint or external R&D, but informal R&D activities, such as job training or design, can also have a positive impact on technological innovation. To address this research gap, this paper examined 1) the influence of informal R&D activities on innovation adoption, and 2) the differences between formal R&D-oriented and informal R&D-oriented firms in process and product innovation. For this, statistical analysis was conducted using the data set from 2012 Korea Innovation Survey. The results suggest that 1) informal R&D activities can influence process innovation, and 2) firms engaging in both informal and formal R&D actively adopt product innovation. Findings suggest that 1) firms should recognize the importance of informal R&D and 2) national R&D policy should reflect the positive role of informal R&D in technological innovation.

The Effects of the Utilization of External Resources on the Technological Innovation Performance Along the Stages of Growth in Korean Ventures (국내 벤처기업의 성장단계별 외부자원 활용이 기술혁신 성과에 미치는 영향)

  • Kang, Won-Jin;Lee, Byung-Heon;Oh, Wang-Geun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.1
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    • pp.35-45
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    • 2012
  • This study empirically analyzed how technological innovation performance of venture business is affected by utilization of external resources, especially utilization of external cooperative network, government's policy funds and venture capital funds, using '2008 Venture Business Investigation'. This study further analyzed how the effect of utilization of external resources on technological innovation performance varies according to growth stage. Analysis results show that all variables related to utilization of external resources, i.e. external cooperative network, government's policy funds and venture capital funds, were observed as affecting positively to technological innovation performance. However, adjustment effect was not observed as statistically meaningful according to growth stage of venture business. Further analysis just observed that the effect on technological innovation performance at each growth stage varies according to type of utilization of external resources.

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A Study on the Antecedents and Performances of Technological Innovation in Small-Medium Ventures (기술혁신의 선행요인과 성과에 관한 연구)

  • Sun, Jonghak;Kim, Seungwoon
    • Journal of Korea Society of Industrial Information Systems
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    • v.24 no.6
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    • pp.67-79
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    • 2019
  • This research is to examine the factors affect technological innovation, which in turn is likely to related to financial performance in SMVs (Small-Medium Ventures). Empirical analyses showed that overseas market shares, R&D investment, firm size, firm capability, and centralization in decision-making are statistically related to technological innovation measured with patents and intellectual property. Additionally, technological innovation was found to have a positive relationship with financial performances measured with firms' assets and sale revenues. In conclusion, this research assist to devise a strategic plan for motivating technological innovation and realizing its performance in the SMVs.