• Title/Summary/Keyword: Technological Innovations

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Developing Country Firm's Technological Innovation in the Technology Generation Stage: Process Technology Development Case Study (개발도상국기업의 기술창출단계 기술혁신: 프로세스 기술개발 사례연구)

  • Chung, Ki-Dae
    • Journal of Korea Technology Innovation Society
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    • v.12 no.1
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    • pp.237-264
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    • 2009
  • Many Korean companies wanted to improve technological competitiveness and business performance radically through technology leadership initiatives. In-depth case studies about successful Korean technological innovation in the technology generation stage have potential to minimize Korea and developing country firms' trial and error when they are pursuing new technological innovation in the technology generation stage. There are few studies about developing country firms' technological innovations in the technology generation stage and especially process innovation studies are far less performed compared to product innovation studies. This is an exploratory study of POSCO's FINEX process technology innovation in the technology generation stage. These are my findings from this study. Firstly, leadership innovation in the technology generation stage is not a continuous development of catch-up innovation in the technology internalization stage and only top managements can initiate highly risky leadership innovation. Secondly, developing country firms which lacked in technological capability overcomes difficulties in the early stage through complementary technological collaboration with R&D first-movers. Thirdly, this company become a technology leader in spite of late entry in technology development race with developed country firms through rapid scale-ups.

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Public Procurement for Innovation in Korea

  • Choi, Jonghwa;Lee, Kwang Ho;Lee, Ahjung
    • STI Policy Review
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    • v.6 no.2
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    • pp.87-104
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    • 2015
  • Public procurement for innovation is used as one of the major policy tools to stimulate innovation and promote growth of small and medium-sized enterprises (SMEs) in Korea. However, it is evaluated that this policy has not been so effective in promoting technological innovation among SMEs largely because it heavily depends on price competitiveness of SMEs products and services. In order to draw some policy implications, this study examines the PPI policies of selected countries as comparative references and conducts an empirical analysis on Korean Public Procurement Services (PPS) data for identifying challenges of the current policy in Korea. We conclude that in order to enhance technological innovations of SMEs, PPI policy in Korea should 1) focus more on the potential competitiveness of SMEs, 2) enlarge public demands especially on R&D services, 3) encourage private sector participation in the public procurement market, 4) improve the assessment criteria for public procurement market registration, and 5) restructure the responsible organizations.

Innovation Height and Firm Performance: An Empirical Analysis from the Community Innovation Survey

  • ISOGAWA, DAIYA;NISHIKAWA, KOHEI;OHASHI, HIROSHI
    • KDI Journal of Economic Policy
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    • v.37 no.1
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    • pp.44-72
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    • 2015
  • This study evaluates the economic impact of product innovation by using firm-level data from the Community Innovation Survey conducted in Japan. It accounts for possible technological spillover from innovation activities and examines the extent to which new-to-market product innovations contribute to firm performance. Econometric analysis using a simultaneous equation model reveals that new-to-market product innovation is likely to increase a firm's sales without cannibalizing those of existing products and generate more technological spillover to other firms. Moreover, such innovation is more likely to emerge from firms collaborating with academic institutions. The paper concludes by discussing policy implications of these findings as well as points to the importance of cross-country comparison between Korea and Japan.

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A Study on the Concept of Human Factors in Ship Operating System (선박운항시스템에 있어서 인적요소(Human Factors)의 개념에 관한 고찰)

  • 황병호;이종인
    • Journal of the Korean Institute of Navigation
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    • v.23 no.4
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    • pp.29-42
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    • 1999
  • In the recent past, maritime safety research has been applied primarily to technological requirements and progression of regulations on standards of safety from which the ISM Code has resulted. Despite the engineering and technological innovations, significant marine casualties continue to occur, which indicates that human factors are an area requiring more focused attention. This paper aims to study the clear concept and its details of human factors in ship operating system through the investigation of researches presented so far. The purpose of studying human factors is to identify how the crew, the owners, the classification societies, and the regulatory bodies can work together to sever the chain of errors which are associated with every marine casualty. The human factors in ship operating system may be defined as the study and analysis of the interaction between the operator and system variables composing the system, most importantly the procedures and the crew and management follow.

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Opportunities and Challenges of Utilizing Service Robots in Tourism Industry: A Tool for Recovery from COVID-19 Pandemic

  • Omar Parvez, M.;Cobanoglu, Cihan
    • Journal of Smart Tourism
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    • v.1 no.3
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    • pp.17-20
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    • 2021
  • Technology and tourism have become inseparable, and technological innovations propose new services to the tourism industry. During the current pandemic, service robot usage has increased more than at any other time which comes with advantages and disadvantages. This paper discusses the opportunities and challenges of utilizing service robots in the service industry during and after the pandemic crisis. The study follows a content analysis methodology. Findings indicate that service robots are easy to access, offer an alternative form of communication, reduce costs and boost operational safety; in contrast, robotics increase unemployment and cause anxiety and depression among the demoralized employees.

Unveiling the Effects of ICT Adoption in the Apparel Sector of Bangladesh Based on Technology-Organization-Environment Framework

  • S.M. Shafiul Alam
    • Asia pacific journal of information systems
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    • v.33 no.4
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    • pp.977-998
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    • 2023
  • The study is based on the technology-organization-environment (TOE) model which, attempted to determine the factors that are going to influence ICT adoption. The proposed research model evaluates the interplay among technological context (IT infrastructure, system security, and user capacity), organizational context (top management commitment, and innovations strategies), environmental context (quick response to the external agencies, interactive network infrastructure, and competitive pressure) and ICT adoption (productivity growth, organizational change, and competitiveness). Data were collected from 243 senior executives of full member firms of the Bangladesh Garments and Manufacturers Association (BGMEA) of examining the relationships among the constructs in the proposed framework utilizing structural equation modeling (SEM). The analysis of TOE factors revealed that environmental, organizational, and technological factors have a significant impact on the successful implementation of ICT tools. The study also discusses implications for management practitioners.

Korea's Stage of Technological Development and Efficiency Oriented Technology Policy (산업기술개발(産業技術開發)의 실태(實態)와 정책적(政策的) 시사점(示唆點))

  • Seong, So-mi
    • KDI Journal of Economic Policy
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    • v.14 no.2
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    • pp.77-108
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    • 1992
  • Many economists and policymakers regard the ratio of R&D investment to GNP to be a good indicator of a nation's technological capabilities. Consequently, their major policy recommendation to promote technological development is a rapid expansion in R&D investment. However, a low R&D ratio does not necessarily mean less efforts at technological advancement since the composition of technologies to be developed varies depending upon the stage of economic development. Technology policy to improve the international competitiveness of domestic industries should be based on the stage of economic development and present technological status rather than on a simple comparison with advanced countries. At Korea's stage of development, maximizing the efficiency of R&D investment is more important than enlarging the size of the investment. Strategic alliances between domestic firms and foreign enterprises should be encouraged to save time and costs involved in acquiring new technologies and learning how to use them. The government should establish institutional devices to stimulate private enterprises to internationalize their business activities such as R&D, production, and marketing. The government should also promote the development of domestic and international R&D networks, which can serve as the infrastructure for technological innovations.

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A Review on the Studies of the Societal Challenge and Technological Innovation ('사회문제 해결과 과학기술혁신' 연구의 현황과 과제)

  • Song, Wichin
    • Journal of Technology Innovation
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    • v.25 no.4
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    • pp.17-45
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    • 2017
  • This article reviews studies on the societal challenge and technological innovation. Technological innovation in response to social problems is a relatively recent topic of Innovation Studies. Socially-oriented innovations and policies are different in terms of the goals, innovation processes, and ecosystems when compared with industrial innovation. This study examines the existing research that discusses science and technology innovation from the viewpoint of solving societal problems and discusses the direction of future research. This paper presents major research issues on the characteristics of innovation in societal problem solving, innovation governance, roles and ecosystem of innovators, and relationship between societal problem solving policies and other policies.

The Future of Paper-Making: New Challenges for Technology

  • Karlsson, Markku;Lindroos, Kaj
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.32 no.5
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    • pp.67-71
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    • 2000
  • The history of the paper industry has shown a strong technological evolution which has been an essential factor in achieving low cost, high quality paper products and in sustaining the strength of the industry. In the last decades paper machine development has been rapid. This has helped to establish paper as a "low cost" material. In future, the pressure from the competing media will only accelerate the technological efforts to improve cost and functional'||'&'||'not;ity of paper. In addition, in the future, technological advances will be combined with innovation in busi'||'&'||'not;ness concepts. Certain production methods are likely to be developed which will distribute current process stages outside the paper mill. Papermakers can begin to reduce their invest'||'&'||'not;ment risk by subcontracting large-scale base paper production but taking responsibility for the higher value finishing process stages. Finishing will be more closely integrated with the final use. The role of technology supplier to the paper industry will naturally evolve to reflect all these changes. Metso is already actively collaborating downstream in the different paper-related business chains. This collaboration will be crucial for implementation of new business and technology innovations in P'||'&'||'P industry and Metso will certainly benefit from its catalyst role in this transition.

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Technological Readiness and Innovation as Drivers for Logistics 4.0

  • MOLDABEKOVA, Aisulu;PHILIPP, Robert;SATYBALDIN, Azimkhan A.;PRAUSE, Gunnar
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.145-156
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    • 2021
  • The research purpose of this paper is to empirically examine the effects of technological readiness and innovation on logistics performance. To build up and maintain an important role in global supply chains, nowadays it is obvious that countries and logistics providers need to achieve competitive advantage in terms of digitalization. However, there is a lack of empirical studies about the impacts of information technologies and innovation potential on the logistics efficiency of countries. Hence, the study analyzes whether the corresponding pillars of the Global Competitiveness Index (GCI) matter for the Logistics Performance Index (LPI) and its dimensions. For determining the effects, the pooled regression approach is applied. The results show that technological readiness and innovation are positively and statistically significantly correlated with logistics performance: competence and quality of logistics services, efficiency of customs clearance processes, ability to track and trace consignments, frequency with which shipments reach consignee within scheduled or expected time, and ease of arranging competitively priced shipments. The findings of this study suggest that investments in innovations and technology progress improve countries' logistics efficiency, which is an important prerequisite for enabling Logistics 4.0 and thus, Industry 4.0 and the digital transformation of the economy and society.