• Title/Summary/Keyword: Technology commercialization capabilities

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A Statistical Study on the Differences in R&D Capabilities of Individual Companies from an Industrial Perspective: Maritime and Fisheries Industry Case (산업적 관점에서 개별 기업들의 연구개발역량 차이에 대한 통계적 고찰: 해양수산 산업 사례)

  • Sang-Gook Kim;Boong Kee Choi
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.45 no.4
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    • pp.199-209
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    • 2022
  • As the uncertainty of technology development and market needs increases due to changes in the global business environment, the interest and demand for R&D activities of individual companies are increasing. To respond to these environmental changes, technology commercialization players are paying great attention to enhancing the qualitative competitiveness of R&D. In particular, R&D companies in the marine and fishery sector face many difficulties compared to other industries. For example, the R&D environment is barren, it is challenging to secure R&D human resources, and it is facing a somewhat more difficult environment compared to other sectors, such as the difficulty in maintaining R&D continuity due to the turnover rate of researchers. In this study, based on the empirical data and patent status of private companies closely related to the R&D technology status, big data analysis, and simulation analysis methods were used to identify the relative position of individual companies' R&D capabilities and industrial perspectives. In this study, based on industrial evidence and patent applications closely related to the R&D technology status, the R&D capabilities of individual companies were evaluated using extensive data analysis and simulation analysis methods, and a statistical test was performed to analyze if there were differences in capabilities from an industrial point of view. At this time, the industries to be analyzed were based on all sectors, the maritime industry, the fisheries industry, and the maritime industry integration sector. In conclusion, it was analyzed that there was a certain level of difference in the R&D capabilities of individual companies in each industry sector, Therefore when developing a future R&D capability system, it was confirmed that it was necessary to separate the population for each industry and establish a strategy.

Technology Commercialization and Management Performance Analysis of Smart farm Venture companies (스마트팜 벤처기업의 기술사업화와 경영성과 분석)

  • Dae-Yu, Kim;Taiheoun Park;Won-Shik Na
    • Advanced Industrial SCIence
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    • v.2 no.2
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    • pp.25-30
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    • 2023
  • The purpose of this study is to empirically analyze the impact of corporate innovation activities on corporate innovation performance using data from companies participating in the smart farm project. A company's innovation activities were divided into planning capacity, R&D capacity, and commercialization capacity, and the impact of each innovation activity on the company's sales and patent creation was estimated. The moderating effect was also analyzed. Regression analysis was conducted as a research method, and as a result of the analysis, it was found that planning capacity, R&D capacity, and commercialization capacity related to innovation within a company have an impact on corporate performance creation. appeared to be In order to increase the business performance of technology commercialization, it was confirmed that planning and R&D capabilities as well as governmental technology policy support are needed.

The Role of Technology Valuation in Technology Transfer of Universities (대학의 기술이전 성과와 기술가치평가의 역할)

  • Kim, Chi-Hwan;Park, Hyun-Woo
    • Journal of Korea Technology Innovation Society
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    • v.16 no.3
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    • pp.754-783
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    • 2013
  • This study aims to suggest an empirical approach for improving the reliability of the valuation method for the technology developed at universities by using the recent data of university technology transfer. The influencing factors, the internal capabilities of an university and the characteristics of technology area, on the outcome of university technology transfer were investigated for this study. The analysis shows that the technology area distribution of the outcome of technology transfer of each university can be classified into two type: IT and NT area oriented type, and BT and other area oriented type. The analysis also shows that the type of technology area distribution can act as a moderator in the positive relationship between each independent variables, the number of patent applications and the number of technology commercialization staff, and the outcome of technology transfer. Considering that the capability of technology development and that of technology spread are related directly or indirectly to all the technology valuation process, the analysis results imply that the reliability of the valuation method for university technology might be improved by using factors of the internal capabilities of an university and that of the characteristics of technology area.

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The Relationship among Dynamic Capability, Technology Commercialization Competence, Innovation Performance, and Competitive Advantage (수출벤처기업의 동태적 역량이 기술사업화역량, 혁신성과 및 경쟁우위에 미치는 영향)

  • Hwang, Kyung-Yun;Sung, Eul-Hyun
    • Korea Trade Review
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    • v.41 no.2
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    • pp.159-183
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    • 2016
  • This study focuses on export venture firms in Daedeok Innopolis and examines the structural relationships among dynamic capability, technology commercialization competence, innovation performance, and competitive advantage. In particular, this study attempts to analyze dynamic capabilities that may affect technology commercialization competence, innovation performance, and competitive advantage. The development of the research model takes on a dynamic-capability view and is based on empirical studies regarding competitive advantage. A survey of 103 export venture firms was conducted from January 5, 2015, to February 4, 2015. A partial least squares structural equation model is used to test the relationships between constructs set in the study. The results of the study show that the dynamic capability of an export venture firm has a significant positive influence on the firm's technology commercialization competence, innovation performance, and competitive advantage. The study also finds evidence that the export venture firm's technology commercialization competence directly affects its innovation performance and competitive advantage. In addition, the findings indicate that the innovation performance of an export venture firm has a significant positive impact on the firm's competitive advantage. Overall, these findings contribute to a better understanding of the contexts in which dynamic capability represents a specific capability for export venture firms.

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A Study on Activation Technology Commercialization of Railway Vehicle Parts Manufacturing SME (철도차량부품 제조 중소기업의 기술사업 활성화를 위한 요인 분석)

  • Kim, Myung Jong;Lee, Kyung Chul;Koo, Jeong Seo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.39 no.5
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    • pp.657-665
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    • 2019
  • The domestic railway parts and equipment manufacturing industry is mainly focused on SMEs, and the majority of them are suffering from profitability because they cannot build economies of scale. Besides, they have survived in the form of importing technology products from overseas advanced countries and delivering them to domestic railway operators rather than having in-house technology. Therefore it is necessary to study whether the problems of the current railway industry can be identified and improved and at the same time, whether the government's railway industry development policy is properly reflected. literature studies related to technology commercialization, and conduct surveys of AHP questionnaires on the experts of the manufacturing industry of SMEs, academics / research institutes of the railway industry. After that, the Level 3 activation method AHP analysis was additionally performed on the important factors of Level 2 that have the highest importance and priority in Level 1. As a result of the AHP analysis, 'Technical Connectivity' was the most important method in the technical factor, and SME experts and academic and research institute experts were highly evaluated for 'commercialization ability' Competence in terms of importance. As for external support factors, it was analyzed that SME experts "support for manpower development" was important, while the other two group experts research and development support was important. In this study, the priority of the government support and policy priorities are suggested according to the capabilities of the railway manufacturing SMEs before the future R&D support.

An Empirical Study on Adoption of Open Technological Innovation for SMEs based on Information and Technology (국내 IT중소기업의 개방형 기술혁신 수용에 관한 실증연구)

  • Joung, Seok-In
    • Journal of Information Technology Applications and Management
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    • v.20 no.4
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    • pp.47-66
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    • 2013
  • Recently, with the diffusion of a new paradigm named as the creative economy, the government's interests and efforts regarding support of SMEs' R&D have been concentrated. In particular, due to the dominant perception that the fundamental science and original technology from government-funded research institutes can further enhance the capabilities of SMEs' R&D, the importance of performance's diffusion on national R&D is further emphasized. In fact, the domestic SMEs don't have enough budget and workforce, so that all of self-contained technologies, product's competitiveness as well as the R&D capabilities, are very vulnerable, and thereby SMEs' commercialization is very likely to fail. For this end, SMEs need to adopt the concept of open innovation as the use of external R&D resources by licensing. In this study, we conducted a survey on a total of 286 domestic IT SMEs, and analyzed empirically to compare the degree of their acceptance on technological innovation between two groups divided by open/not-open innovation. As a result, we drew some of the key factors influencing the acceptance of the SMEs' open technological innovation, and found a variety of implications through them.

The Impacts of R&D Capabilities of Small Companies on Organizational Competences and R&D Commercializing Performances (소기업의 R&D역량이 조직역량 및 R&D사업화에 미치는 영향)

  • Kim, Sun-Ha;Hong, Jin-Hwan;Lee, Hun-Hee
    • Korean small business review
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    • v.43 no.3
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    • pp.21-42
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    • 2021
  • Since R&D (Research and Development) of small companies is becoming more and more important, and government R&D grants are still increasing. This study aims to investigate the factors influencing R&D performance of small companies and necessary capabilities of them. Based on empirical study of 3,636 small companies which participated and completed government R&D grant project, technology innovation capability and technology commercializing capability of small companies are positively related with organizational competences, with moderating effects of entrepreneurship. In addition, their R&D capabilities are not significantly related with R&D commercializing performance directly, but mediated with organizational competences. The results of study suggest implications of measuring the R&D performance of small companies and government support policy with the importance of organizational competences as an intermediate variable of R&D performances.

An Improved Technology Appraisal Model Considering Macroeconomic Variable : A Case of KOTEC (거시경제변수를 고려한 기술평가모형의 개선 : 기술보증기금의 사례)

  • Kim, Dae Cheol;Kim, Jae Bum;Cho, Keun Tae
    • Korean Management Science Review
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    • v.30 no.2
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    • pp.117-132
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    • 2013
  • The objective of this paper is to provide an improved technology appraisal model, which considers a variety of macroeconomic variables such as consumer price index and producer price index. The improved model was built using cross correlation analysis and logistic regression analysis. The AUROC analysis showed that goodness-of-fit of the proposed model turned out to be improved than that of the existing model. The model proposed in the paper would be helpful for making a reasonable investments and financing decision, lessening the default rates by systematic risk management, and enhancing the technology commercialization capabilities.

A Study on the Impact of Competency of Technology: Based Startups on Performance Using ETRI Technology (ETRI 기술을 활용한 기술창업기업의 역량이 경영성과에 미치는 영향에 관한 연구)

  • Bae, Hongbeom;Song, Minkyung;Kim, Seokyun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.1
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    • pp.61-72
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    • 2018
  • In a rapidly changing environment, such as globalization, technology-based startups are attracting attention as a new growth engine that creates jobs and added value and promotes national competitiveness. At present, countries around the world recognize the development of technology-based start-up companies as a major policy task and strive to make policy efforts to revitalize start-ups and strengthen innovation capabilities of companies. Especially, in order to secure superiority in the fierce market competition, it is becoming more and more important for the growth and development of technological start-up companies that pioneer new markets and energize the economy based on original and innovative technologies. Therefore, it is necessary to study systematically and plan for survival and growth of technology start-up companies. The purpose of this study is to investigate the entrepreneurial spirit of Innovation, Entrepreneurship, Risk Sensibility and Technology Innovation Capacity, R&D ability, Technology Accumulation Capacity, Technology Innovation System, The results of this study are as follows. the effects of marketing ability on technical performance and financial performance are examined. First, the CEO 's entrepreneurial spirit has an effect on the technical performance and financial performance of the management performance. Second, the technology accumulation ability and the R & D capability have a positive effect on the technical performance. Finally, it was found that the ability to commercialize the technology commercialization capacity affects both technical performance and financial performance. The policy implications that can be gained through this are as follows. First, by strengthening cooperation between universities and research institutes, related technology entrepreneurship education programs should be upgraded so that technology entrepreneurs or preliminary entrepreneurs can capture business opportunities and secure market price competitiveness. Secondly, R & D for the purpose of start-up should be developed and marketable technology should be developed and linked to direct start-up. Third, it is necessary to activate the program to match the company with the honorary retirement manpower of large enterprises and SMEs, which have more experience in field experience than the founders.

The Effects of Performance Management & Application Capabilities and Activities on Technology Transfer from Public Research Institutes in Korea (공공연구기관의 성과관리.활용 역량 및 활동이 기술이전 성과에 미치는 영향)

  • Chung, Do-Bum;Jung, Dong-Duk
    • Journal of Technology Innovation
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    • v.21 no.2
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    • pp.199-223
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    • 2013
  • Recently, R&D policy has importantly emphasized the creation of economic values added through the research performance developed by public research institutes. However, the research performance hasn't been still used and diffused effectively in Korea (Republic of Korea). This empirical study analyzes the effects of performance management & application capabilities and activities on technology transfer from public research institutes in Korea. Our dataset consists of total 84 Korean universities and government-funded research institutes in 2011. Performance management & application capabilities include dedicated organization, researcher-to-professional ratio, technology transfer and commercialization budget, and performance management & application activities include regular conduct of 3P analysis, pre-adjustment, post-management. The results show that performance management & application capabilities (except researcher-to-professional ratio) and activities are positively related to technology transfer. The results of this study contribute to the establishment of R&D policy to promote management & application of the research performance.

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