• Title/Summary/Keyword: Technology and Innovation

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Deciphering Open Source Innovation Process with Implications for Technology Policy -Comparative Case Study- (오픈 소스 기술혁신 과정의 기술정책적 함의 -비교 사례분석-)

  • Han, Yoon-Hwan
    • Journal of Korea Technology Innovation Society
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    • v.7 no.1
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    • pp.1-20
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    • 2004
  • In this paper, we try to explore the nature of open source software development process. The process involves peculiar characteristics which seem to defy the traditional economic reasoning for technology policy. Based upon the comparative case study of open source software development process with the two innovation processes adopted from literature on economic history, we argue that technology policy should strike the balance between provision of innovation incentives and voluntary disclosure of information.

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The Effect of Technology and Open Innovation on Women-Owned Small and Medium Enterprises in Pakistan

  • MEHTA, Ahmed Muneeb;ALI, Asad;SALEEM, Hina;QAMRUZZAMAN, Md.;KHALID, Rimsha
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.411-422
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    • 2021
  • Technological adaption and innovative activities foster small and medium enterprises (SMEs) growth, especially women-owned SMEs in Pakistan, However, the impact of technological adaption and innovative activities on SMEs growth in the context of Pakistan has been examined by very researchers. This study aims to identify the effect of technology and open innovation policies on the growth of women-owned SMEs and the present trends and management challenges for successful full implementation of open innovation. The study considered a sample of 693 women enterprises located in different cities in Pakistan. Open innovation is measured through eight innovative practices, reflecting the exploration and exploitation of technology in SMEs. Study findings revealed that women enterprises were involved in several open innovation policies during the last five years. Moreover, the study indicated no significant differences between manufacturing and service SMEs regarding open innovation practices; however, women enterprises are more impressively engaged in open innovation practices. Findings also reveal that women-owned SMEs follow open innovation, mainly for market-related intentions, to compete with competitors and meet customers' demands. Thus, it is suggested that government policy relating to thriving SMEs owned by women should be innovation-oriented. The study contributes to the theoretical and practical implications. Further, the study is helpful for SMEs, researchers, practitioners, and decision-makers.

Product Innovation Accounting, Customer Response Capability and Market Success: An Empirical Investigation in Thailand

  • SUKANTHASIRIKUL, Kanchana;PHORNLAPHATRACHAKORN, Kornchai
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.10
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    • pp.65-76
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    • 2021
  • This study aims at investigating the effect of product innovation accounting on the market success of instant food and convenience food businesses in Thailand with customer response capability as the mediator. In addition, it examines the effects of management accounting systems, marketing intelligence, and technology orientation on product innovation accounting. The sample for this study is 258 instant food and convenience food businesses in Thailand. To test the research relationships, a structural equation model is used. The results of this study show that product innovation accounting has a significant effect on both customer response capability and market success. Similarly, customer response capability significantly leads to market success while it mediates the product innovation accounting-market success relationship. Testing the antecedents of the research relationships, management accounting system, marketing intelligence, and technology orientation potentially affect product innovation accounting. Accordingly, product innovation accounting is a key source of competitive advantage. Product innovation accounting must be recognized by company management as a strategic tool for competing in markets and environments. They must invest their resources and capabilities to create and develop product innovation accounting principles, as well as encouraging their staff to implement and use these principles in the workplace.

The Evolutionary Process of Daedeok Science Town and International Comparison - In the Perspective of Innovation Cluster (대덕연구단지의 발전과정 및 국제비교: - 혁신클러스터 관점에서 -)

  • 임덕순;김왕동;유정화
    • Journal of Korea Technology Innovation Society
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    • v.7 no.2
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    • pp.373-395
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    • 2004
  • In year 2003, the Daedeok Science Town(DST) has celebrated its 30 years of anniversary and achievement in science and technology development. However, there is a criticism that DST has not played its expected role in Korea's National Innovation System. Recognizing this criticism, the development of DST was evaluated in the perspective of innovation cluster. The research shows that DST has been following the downstream path of evolution - from S&T development to business development - and is in the early stage of R&D-driven Innovation Cluster. Not only the development factors of DST innovation cluster were identified but the DST was compared with other internationally recognized innovation clusters. Finally, it is suggested that the business related functions should receive due attention in innovation cluster policy.

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The Future of CAE as a Disruptive Innovation (와해성 혁신의 관점에서 본 CAE 의 미래)

  • Kim, Sangtae
    • Transactions of the KSME C: Technology and Education
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    • v.3 no.2
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    • pp.149-154
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    • 2015
  • Disruptive innovation means the innovation which obsoletes the existing technology by a new technology. Like the examples of disruptive innovation, film camera and digital camera and PC and laptop, CAE technology can be regarded as a disruptive technology which can raise the disruptive innovation. CAE technology which is being improved dramatically with the development of the related technologies brings the innovation in the design and validation process in manufacturing industry. This innovation can change the rule of the market so that the researchers, companies and CAE enginnees should pay attention to it. Also not only the improvement of the technology but also the training and cultivation of the engineers who can utilize CAE technology are very important and cannot be neglected.

An Exploratory Study on Success Factors of Technology-based start-ups

  • Jo, Dong Hyuk;Kim, Jong Young
    • Journal of Internet Computing and Services
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    • v.19 no.6
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    • pp.113-123
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    • 2018
  • This study was conducted to empirically verify the effect of the technological entrepreneurship, network capability and technological innovation capability on the innovative performance of technology-based start-ups with the aim of determining the success factors of technology-based start-ups by defining the success of technology-based start-ups as the innovative performance through technology innovation activities. For the significance of this study, it suggested the importance of technology innovation as a survival strategy of technology-based start-ups, verified the dimensions, relationship and roles of technological entrepreneurship, network capability and technology innovation capability, thereby proving the theoretical expansion. This study has determined the success factors of technology-based start-ups and thereby suggested the strategic directions for enhancing the competitiveness of technology-based start-ups.

Small Firm's Innovation in Two Technological Settings

  • Lee, Jang-Woo
    • Proceedings of the Technology Innovation Conference
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    • 1993.11a
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    • pp.119-147
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    • 1993
  • This paper explores the relationships between technological acquisition strategies of small firms and innovation in the Korean Electronics industry. Its thesis is that small firms' technology strategies and their effects on the rate of innovation differ according to the new and traditional technology settings. A primary finding of this study is that in-house R & D and technical linkages with buyers and suppliers have stronger effects on the radical innovation in the new technology setting rather than in the traditional technology setting. The findings of the study provides insight for interpreting inconsistent results of recent research for the importance of external linkages to innovation. They also suggest some implications of small firms' strategies and public policies for accelerating technological innovation.

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New Interpretation of Innovation Policy with Lenses of Societal Innovation Policy ('사회문제 해결형 혁신정책'과 혁신정책의 재해석)

  • Song, Wichin
    • Journal of Science and Technology Studies
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    • v.15 no.2
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    • pp.135-162
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    • 2015
  • The purpose of this article is to reinterpret the existing innovation policy with 'the societal innovation policy' framework. It is looking into characteristics of societal innovation policy and the prospects for socio-technical systems transition and citizen participation are discussed. After the discussion, new interpretation of innovation policy elements will be dealt with lenses of societal innovation policy. It sheds new light on the key elements of innovation policy, such as Innovation policy governance, industrial innovation policy, regional innovation policy, and infrastructure policy and suggests direction of policy improvements from societal innovation policy perspectives. This will be an opportunity to reinterpret the existing innovation policy measures and to approach to science technology innovation policy for system transition with participatory perspective.

Private Value of Innovation(Patents)

  • Kim, ByungWoo
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2010.11a
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    • pp.203-212
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    • 2010
  • Examining the relation between market structure and the value of innovation is important for competition and STI policy. If the value is large in a specific industry structure, government may lead the industry to take that form to enhance innovation. Our simple calibration in the case of linear demand and constant MC results in the conclusion that the incentive for R&D in the case of major and minor innovation in Cournot competition is less than that of merger and cooperative R&D. This emphasizes again "necessary evil" as a monopoly for innovation.

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