• Asian Journal of Innovation and Policy
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• v.6 no.1
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• pp.23-44
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• 2017

This study explores how the technology commercialization process leads to either success or failure after transfer from PROs to SMEs by conducting a binomial logistic regression analysis. We found that the more additional development a firm implements on the transferred technology, the more likely the commercialization is to fail. The higher number of alternative technology and bigger market risk are associated with a greater likelihood of failure. On the other hand, the existence of complementary technology, the degree of cooperation with the technology provider, the size of the target market, the willingness of the CEO, and the funding availability are known to have positive effects on the success of technology commercialization. In addition, the case studies we conducted from the sample companies demonstrated that "market uncertainty," "technological issues depending on the technology-specific characteristics," and "a lack of funding capability" are some of the causes for failure of technology commercialization.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.4
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• pp.271-279
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• 2019

The purpose of this study is to identify the barriers of university and industry cooperation and to develop recommendations for the internal ecosystem of technology commercialization. The research method used is a survey of three categories of experts from 9 universities of Almaty (researchers, technology transfer managers, spin-off-owners). Despite the strong efforts of the government of Kazakhstan in building innovation infrastructure, there is a low level of innovation activity, less than 5% of university inventions are transferred into the industry. The results of the expert survey showed that the main barriers for cooperation between university and industry are: lack of resources to build university-industry links, lack of time due to high teaching load, poor qualification of technology transfer managers and lack of networking with industry. Based on the results of the expert survey, it is proposed to develop the ecosystem for the commercialization of university-based technologies, for which the following economic activities are important: human resources, financing, intellectual property management system, and intermediary infrastructure. The results of this study can be applied in developing the strategies and policies for universities, public research organizations, as well as for national R&D and higher education policies.

• The Journal of Industrial Distribution & Business
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• v.10 no.2
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• pp.51-64
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• 2019

Purpose - Research on the ability of domestic public institutions to conduct business is being conducted. Research on government support policy for public technology projects, emphasizes technology creation. Public agencies are encouraging evolutionary barriers at the stage of realistic business. This paper presents the policy possibilities by presenting policies and strategies based on corporate public policy. Research design, data, and methodology - In this study, we surveyed the actual state of public technology commercialization based on the data on state of technology commercialization of public institutions. We collected and analyzed the literature data to enhance the competitiveness of technology commercialization by identifying success cases of public technology commercialization. In Korea, there are not many research papers that provide policy alternatives for technical commercialization of public research institutes. Therefore, in this paper, we review various government policies and check the status of technology commercialization to increase its value. Results - As a result of this study, it is suggested that various policy development is necessary for the commercialization of public technology, because it is important to increase the value of technology users, suppliers, investors and customers through various network activation. In particular, it is necessary to establish differentiated Korean public technology commercialization model for the proliferation of public technology commercialization by presenting methodical model of technical commercialization. Conclusions - Through this study, it is important to raise the competitiveness of domestic public technology commercialization, to create economic value, and to improve the performance of technology commercialization. Therefore, it is necessary to contribute to the creation of research achievement, research method of excellent technology, and method of commercializing technology, and to create achievement of technical commercialization in the future. In addition, from the viewpoint of commercialization of technology, strategies for creating value through utilization of public technology should be prepared, and a plan for mutual prosperity among domestic companies should be prepared. Policy alternatives of various public technology commercialization to build national competitiveness have been developed, and various examples of performance for the performance of public technology commercialization should be derived.

• New & Renewable Energy
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• v.10 no.4
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• pp.16-21
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• 2014

Advanced biofuels are recognized as a key tool to mitigate the $CO_2$ emissions in the transport sector. Active R&D works have been carried out but there are still some major barriers to implement the technology. In this paper, recent developments on the advanced biofuels' technology are reviewed and the major barriers to commercialization of the biofuels will be discussed.

• Journal of the Korea Safety Management & Science
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• v.17 no.3
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• pp.289-296
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• 2015

Recently, the Korean government has been making efforts to achieve 'creative economy' based on science and technology. As part of these efforts, it has been promoted specific policies for innovation and performance enhancement of national R&D projects. They contains commercialization of research outcomes, technology transfer, technology based startup and support small and medium-sized businesses. The railroad transportation industry is a representative in the field of SOC and has own characteristics different from other industry areas. Especially, industry and market of railroad transportation are directly related to planning and implementation of government SOC policies. So in order to promoting commercialization of railroad transportation projects, it is very important to ensure consistency between government policies and R&D projects. In this paper, we investigate barriers of successful commercialization with typical researchers in the area of railroad transportation, and suggest problems and improvements of policy-based commercialization by giving specific examples.

• Atmosphere
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• v.33 no.4
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• pp.413-422
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• 2023

Urban Air Mobility (UAM) is promising, sustainable and efficient air transportation in a metropolitan area. Korean government has recently announced operation demonstration plans as a step toward commercialization of UAM. However, there is lack of understanding on the potential impact of weather on UAM operation. We collected weather observations from Gimpo International Airport and 5 automatic weather stations (AWS) along UAM corridor of the Han-River to assess weather barriers such as low visibility, wind gust and wind shear. The results show the frequency of low visibility near the corridor fluctuated significantly from year to year depending on the concentration of fine particulate matter (PM_2.5) in Seoul. The frequency of high wind speed-shift calculated using 1-minute wind observations was increased not only during the spring season (March, April, and May) but also the beginning of rainy season (Jun). In addition, a chance of high wind shear from 1-minute wind observations varied by the stations, suggesting that the condition is largely affected by topography including a river and high-rise buildings. These basic weather properties suggest that there are substantial weather barriers to UAM operations along the Han-River Corridor, while they cannot properly surveil micro-scale weather conditions in detail such as wind gust and wind shear over the corridor. Thus, this study suggests that potential barriers related to adverse weather need to be evaluated, building high-density weather observations infrastructure prior to UAM demonstration and commercialization.

• 한국정보디스플레이학회:학술대회논문집
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• 2005.07a
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• pp.231-233
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• 2005

In this paper, we discuss the potential applications for electronic systems on flexible substrates. The barriers to the successful development of commercial markets are analyzed. For each promising application, the critical technical features are identified. Ways to bridge the gap between research and commercialization are suggested.

• Journal of Digital Convergence
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• v.12 no.9
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• pp.83-92
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• 2014

In 21st century, firms are to face mitigating trade barriers between countries as well as to survive among harsh business environment. Also this phenomenon is expanding and gradually faster because the global competition become to intensify and there are significant technology changes. Therefore, in this study, technology commercialization factors on the technological achievement and on the financial performance were investigated in the small and medium enterprises. Firstly, the study finds that technology commercialization factor such as financial resources, human resources, strategic factors corporate financial performance show statistically significant(+). Secondly, the technology commercialization factors such as financial resources, human factors on the technical achievements in the enterprises show statistically significant(+). That means the technology commercialization of factors such as the financial resources as well as the human resources affect the technical performance of the enterprises.

• Journal of Energy Engineering
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• v.23 no.3
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• pp.132-145
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• 2014

There is a general agreement that performance of hydrogen fuel cell vehicle(FCV) with respect to cold start, packaging, acceleration, refueling time and range has progressed to the point where vehicles that could be brought to market in 2015_2020 will satisfy customer expectations. However cost, durability and the lack of refueling infrastructure remain significant barriers. Cost have been dramatically reduced and durability has been enhanced over the past decade, yet are still about twice what appears to be needed sustainable market success. Advanced Technologies for the commercialization of hydrogen FCV were reviewed.

• 한국신재생에너지학회:학술대회논문집
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• 2009.06a
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• pp.212-219
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• 2009

Vietnam is endowed with multiform new and renewable energy resources. However, potential of new and renewable resources in Vietnam has not been completely assessed. Although the Government has embarked several programs to expand the use of these resources, the share of new and renewable energy in total commercial energy is still insignificant. The purpose of this study is to summarize potential and current development status as well as the prospect of new and renewable energy. Identification of barriers that are the hindrances in the development of new and renewable energy would suggest measures to future commercialization of new and renewable energy.