• Title/Summary/Keyword: Technological risk

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An Empirical Study on the Determinate Factors and Performance of Corporate R&D Outsourcing (기업의 연구개발 아웃소싱의 결정요인과 성과에 관한 실증적 연구)

  • Hwang, Yong-Sik
    • 한국벤처창업학회:학술대회논문집
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    • 2009.10a
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    • pp.111-138
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    • 2009
  • This research focuses on what factors determine firm's decisions on R&D outsourcing and how R&D outsourcing affect R&D performance. In recent years many firms outsource R&D activities instead of internalizing it. Thus, further investigation is necessary to find out this recent trend. Based on several theoretical background the study developed three determining factors of R&D outsourcing which are transactional level, firm level, and risk level. Transactional level composes of independent variables such as R&D cost saving, asset specificity and uncertainty which mainly comes from Transaction Cost Economics theory. Firm level composes of openness to technology from outer source, R&D capability, and outsourcing experience. Risk level composes of technological risk, cost-related risk and managerial risk. The result shows that R&D outsourcing is significantly related to cost saving aspect, low asset specific firms, firms without solid technological background, firms which are open to external technology, firms with other types of outsourcing experience, and firms which take technological risks. However, proposed relationship between degree of R&D outsourcing and R&D performance found out to be insignificant. This research is contribute to the field of outsourcing study since it will give guidance to managers who need to make strategic decisions on R&D outsourcing activities.

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An Structural-relationship Study on the Effect of Venture Start-up's Technological Capability on Possibility of Insolvency (벤처창업기업의 기술사업 역량이 부실화리스크에 미치는 영향에 관한 구조관계 분석)

  • Lee, Yong-hoon;Yang, Dong-woo
    • Journal of Technology Innovation
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    • v.25 no.1
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    • pp.35-60
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    • 2017
  • In this study, the effects of Venture Start-up's Technological Capabilities on Financial Stability and Possibility of Insolvency was investigated by use of SEM(Structural Equation Model). Technological Business Capabilities include CEO's Technological Capability, Management Specialization and the Feasibility of the Investment plan. The empirical data for this study were taken from the technology assessment data of Korea Technology Guarantee Fund(KTGF) on 1,419 Venture Start-ups from 2011 until 2012 and the financial data of the following 2 years of the sample. Venture Start-ups established within 7 years, were selected for this study's sample from viewpoint of their 'High-Risk High-Return' characteristic. The results are as follows : Manpower including CEO's Technology-related Knowledge and Experience, Management Organization's Technological Specialization and Cooperativeness, Reasonable Investment and Financing Planning etc. were proved to improve Financial Stability, and therefore reduce Possibility of Insolvency.

RISK ANALYSIS OF FOREIGN DIRECT INVESTMENTS IN INNOVATIVE PROJECTS: CASE OF UZBEKISTAN

  • Lutfullaevich, Yoziev Golibjon
    • Asia Pacific Journal of Business Review
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    • v.5 no.1
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    • pp.11-19
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    • 2020
  • This study is a review on Risk analysis of foreign direct investments in innovative projects of Uzbekistan. The study will examine SWOT and PESTL analysis as an effective situation analysis tool which plays an important role in the fields of management, marketing, and in any fields of requiring strategic planning. SWOT is an analysis method used to evaluate the 'strengths', 'weaknesses', 'opportunities', 'threats' and PESTL is an analysis tool used for measuring the 'political', 'economical', 'social', 'technological' and 'low' risks involved in a various sphere of economy. In this study, firstly the essence of SWOT and PESTL analysis is explained, secondly the components of SWOT and PESTL analysis is examined. The paper includes risk analysis for further investigation to innovation sector of Uzbekistan economy.

기술시스템의 리스크분석

  • 권영일;김종걸;이낙영;홍연웅;전영록;나명환
    • Proceedings of the Korean Reliability Society Conference
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    • 2001.06a
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    • pp.279-286
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    • 2001
  • 국제규격인 IEC 300 신뢰성 경영규격의 3-9절을 중심으로 기술적 시스템(technological systems)의 리스크 분석(risk analysis)에 대해 소개한다. 리스크 분석에 사용되는 용어 및 정의, 리스크 분석 개념과 절차, 제품 수명주기동안 적용되는 리스크 분석과 리스크 경영활동, 그리고 리스크 분석에 사용되는 기법들에 대해 살펴본다.

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A Study on the Measurement of Knowledge Relatedness Density and Technological Complexity in South-east Region (동남권 지역의 지식 간 연관성 밀도와 기술 복합성 측정에 관한 연구)

  • Park, Gi-Woong;Kim, Donghyun
    • Journal of the Korean Regional Science Association
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    • v.37 no.3
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    • pp.3-18
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    • 2021
  • The fourth Industrial Revolution is transforming the industrial structure of the region, and it is necessary to develop new industries and technologies that reflect regional characteristics. The purpose of this study is to measure the knowledge relatedness and technological complexity in Busan, Ulsan, and Gyeongnam, and to identify technologies with potential for regional industrial differentiation strategies. Using patent data from 2015 to 2019, co-occurrence matrices were derived from 652 IPC codes, and the knowledge relatedness density and technology complexity index were calculated. Network analysis was performed using the knowledge relatedness density. As a result of analysis, it was found that mechanical engineering occupied a large proportion, followed by chemistry and electrical engineering. As a result of applying the risk-benefit framework to derive technologies with the potential to differentiate local industries, the technological capabilities of low-risk-high-benefit were different. Among mechanical engineering, technologies such as engine, machine operation, and transportation were included in Busan. In Ulsan, environmental technology in chemical and materials, and heat treatment technology in mechanical engineering were technologies with low-risk and high-benefit capabilities. Gyeongnam showed competence in mechanical engineering, chemistry, and electrical engineering in some areas such as Gimhae, Yangsan, and Changwon. The results of this study are meaningful in that they identified technologies with potential for selecting and deriving strategic industries for regional growth based on latent knowledge in the region.

Issues of Natech Risk Management (Natech위험의 개념 및 주요 쟁점)

  • Oh, Yoon-Kyung
    • Journal of Environmental Policy
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    • v.13 no.4
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    • pp.79-105
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    • 2014
  • Natech risk is a type of complex disasters that natural hazards trigger technological disaster or industrial accidents. Research on Natech risk has been started from the mid-1990s in European countries and the Unites States, and drawn much more attention after the Fukushima nuclear accident caused by the 2011 East Japan earthquake. While early studies on Natech risk have focused on the causal natural hazards and possibility to occur, and the resulting spill of hazardous materials from the perspective of science and engineering, the recent research interests lie on effective Natech risk management. Especially, emphasizing the difference of Natech risk management from traditional disaster management, issues of uncertainty management, integration between natural disaster and technological disaster, and responsibility, has been drawn attention. In Korea, Natech risk has not been introduced as a research topic. Although some regulatory improvements have been made in nuclear safety and chemical Substance management after the Fukushima disaster, the potential impact of natural hazards in these areas has not been considered yet. It is necessary to raise the issues of Natech risk management in research and policy areas through active discussion and interdisciplinary approaches.

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Development of CC Based Security Risk Analysis Tool (CC(Common Criteria) 기반 보안위험분석 도구 개발)

  • Kim In-Jung;Chung Yoon-Jung;Koh Jae-Young;Won Dong-Ho
    • Journal of Internet Computing and Services
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    • v.7 no.1
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    • pp.31-38
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    • 2006
  • The importance of the Security Risk Analysis has emerged as security breaches and information leaks has occurred in the companies and organization: threats toward information system and its vulnerabilities has grown up as the dependence on the information-communication systems goes higher as a result of technological advances in IT industry, A Risk Analysis Tool helps to mitigate overall risk of an organization by analysing and evaluating critical information systems and providing security measures against threats to systems and its vulnerabilities as a means to identify the inherent dangers and prevent security intrusion incident, This paper defines risk analysis process by introducing Common Criteria Scheme and suggest a risk analysis tool that can be easily implemented by an information security manager.

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Roles of Malaysian Online Newspapers in the Construction of Public Opinion on Rare Earth Risks

  • Hasan, Nik Norma Nik;Dauda, Sharafa
    • Asian Journal for Public Opinion Research
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    • v.8 no.4
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    • pp.432-452
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    • 2020
  • This study explored the representation of risks from the controversial Lynas rare earth refining as a risk event by five Malaysian online mainstream and alternative newspapers using qualitative content analysis. The aim is to uncover the role of the news media in the social amplification and attenuation of risks within the literature evidence as those roles are still uncertain. Content analysis is used to explore the online newspapers' roles guided by the Social Amplification of Risk Framework (SARF). The representations typified environmental, financial, health, occupational, property, radioactive, and technological risks and established connections between four risk types (environmental, financial, radioactive, and health risks). Radioactive risk was repeatedly associated with other risks, suggesting that the volume and information flow focused on radioactive risk as a key ingredient for amplification. This connection shows that the nature of the relationship between risks is multidimensional, contradicting the unidirectional type found in previous studies. Alternative online newspapers amplified and attenuated more risks, thus, providing more diverse coverage than mainstream sources. Consequently, this study provides evidence that risk representation from rare earth refining in a digital news environment is multidimensional and intensified or weakened in a multi-layered pattern. The stakeholders are engaged in a contestation by positioning their narratives to oppose or support their interests, which are amplified or attenuated by the online newspapers as social amplification stations.

Determinants Impacting the Adoption and Implementation of RFID Technology and the Moderating Effect of Organizational Readiness (RFID기술 수용과 구현에 영향을 주는 요인과 조직 준비성의 조절효과)

  • Kim, Sang-Hyun
    • The Journal of Information Systems
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    • v.19 no.1
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    • pp.149-177
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    • 2010
  • Radio Frequency Identification(RFID) is rapidly growing the attention of many firms as a care technology for their businesses. As RFID moves into the mainstream, it replaces the standard barcodes that is used to identify and track products for a long time. With the intention of gaining competitive advantages, some firms have started the changeover to RFID technology while others have been disinclined to adopt it. Thus, this study examines firms as an attempt to identify key organizational characteristics driving the ear1y adoption and successful implementation of RFID. Results from 228 adopting organizations show Organizational Needs(Ubiquity and Performance Gaps), Technological Factors(Perceived Benefits and Perceived Cost Savings) and RFID Reduced Risk have a significant influence on RFID initiation. In addition, Trust Factors(Institutional Trusts and Inter-organizational Trusts) have a significant impact on RFID Reduced Risk. Finally, Organizational Readiness(Financial Resources and Technological Knowledge) have a significant influence as moderating effects between RFID initiation and adoption. The implications of the findings propose a new theoretical framework for the future IT/IS adoption study and offer suggestions for RFID researchers and practitioners in the development of the technology.

A Study on the Technological Innovation and Introduction of SCM System of SMEs' Industry Using the Innovation Resistance Model (혁신저항모델을 활용한 중소기업 기술혁신에 따른 SCM시스템 도입 영향 연구)

  • Oh, Yongmin;Boo, Jeman
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.3
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    • pp.165-175
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    • 2021
  • As the advent of the Fourth Industrial Revolution and Information Age, companies are in the state of infinite competition due to the rapidly changing technological environment and fierce competition. In this situation companies are making efforts to gain the competitive advantage by introducing information systems. Supply Chain Management (SCM) is considered a method to gain a competitive edge in rapid change. In fact, companies that already have introduced the SCM system are achieving company renovation with positive effects such as increase of sales stock reduction on-time delivery cost reduction and improved efficiency. This study was started to investigate the resistance that occurs in introducing the SCM system for small and medium-sized manufacturing industries that have not yet introduced the SCM system despite the importance of the SCM system, and to check the effect on the intention of the introduction. As the result of this study, the first is that the company has the higher technological innovation, the more positive the effect on Relative advantage Compatibility Perceived risk, Complexity. Second, The compatibility of the SCM system was rejected in innovation resistance, but it is adopted with the highest impact in the introduction intention. In addition, the mediating effect of innovation resistance was also rejected, confirming that if the SCM system is compatible for the company, it doesn't affect the resistance and is the biggest factor to consider in the introduction of the SCM system. Third, the perceived risk of the SCM system doesn't directly affect the intention to introduce, but has an indirect effect when mediation innovation resistance.