• Journal of Korea Technology Innovation Society
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• v.15 no.4
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• pp.862-880
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• 2012

It is well known that entrepreneurial orientation of innovative enterprises influences in a positive way on the performance. As the culture of the organization is innovative and proactive, it can be more adaptive to the environment and more aggressive. According to the prior literature, however, there have been few researches on the effect of entrepreneurial orientation on the technology commercialization, which can be regarded as a precedent factor of the performance of the enterprise. This research aims to analyze the effect of entrepreneurial orientation on the technology commercialization. In addition, we examined if competitive intensity moderate the influence of entrepreneurial orientation on technology commercialization. The findings suggest that entrepreneurial orientation influence technology commercialization. However, the empirical evidence indicates that competitive intensity does not moderate the influence of the entrepreneurial orientation on technology commercialization. The results would be useful for academic and practitioners in understanding the entrepreneurship in the innovative enterprises. Several limitations of the research results were described and further research directions were suggested.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.26 no.1
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• pp.64-69
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• 2022

Commercialization of public technology is the transfer of government-led scientific and technological innovation and R&D results to the private sector, and is recognized as a key achievement driving economic growth. Therefore, in order to activate technology transfer, various machine learning methods are being studied to identify success factors or to match public technology with high commercialization potential and demanding companies. However, public technology commercialization data is in the form of a table and has a problem that machine learning performance is not high because it is in an imbalanced state with a large difference in success-failure ratio. In this paper, we present a method of utilizing CTGAN to resolve imbalances in public technology data in tabular form. In addition, to verify the effectiveness of the proposed method, a comparative experiment with SMOTE, a statistical approach, was performed using actual public technology commercialization data. In many experimental cases, it was confirmed that CTGAN reliably predicts public technology commercialization success cases.

• Asian Journal of Innovation and Policy
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• v.9 no.3
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• pp.257-280
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• 2020

The study analyzed the effectiveness of a technology transfer and commercialization support program to Korean technology transfer offices and firms. The study created a logic model to design a questionnaire to analyze how the support program, directly and indirectly, affected the technology transfer offices and the firms' performances. The study found that technology transfer offices are focused not only on potential firms' excavation activity to process the technology transfer but also on providing strategic support to provide practical assistance to the firms' needs. Not only has the number of technology transfer cases increased during the two-year program duration, but other activities, such as technical guidance and various strategic consulting for commercialization of the transferred technology, have also appeared to have increased considerably. Support program has helped strengthen the firms' internal capabilities, expand new market capabilities, and increase the firms' indirect performances.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.22 no.6
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• pp.197-206
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• 2021

There is growing interest in the function and role of public research institutes as "entrepreneurial actors" that can contribute to industrial development by commercializing excellent research outputs. On the other hand, their performance in the commercialization phase is insufficient because of the insufficient technological technology readiness level or repeatability. This study conducted probit model analysis to examine the effect of the technology readiness level and commercialization activities on the success of technology commercialization. The results showed that the possibility of success in technology commercialization increased with increasing TRL at the time of acquisition. In addition, the difference between the TRL at the time of acquisition and the current TRL (TRL Gap) does not affect technology commercialization on its own. It generates additional effects in conjunction with the TRL at the time of acquisition. Finally, the results show that technology commercialization is most likely to succeed if technology with a TRL 4-6 level is improved to TRL 9 level through a marginal effect estimation.

• International Commerce and Information Review
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• v.18 no.3
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• pp.275-306
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• 2016

This paper investigates the success and failure factors of technology commercialization for SMEs developing public sector technologies. The 2014 Korea Technology Transfer Commercialization Status Report states that only 30% of the technologies that are transferred are being used and the rest are neglected. The objective of this paper is to determine the relationship between quantitative variables and the success rate of technology commercialization of 1,222 SMEs in Korea by using three analyzes (cross tabulation, process and logistic) methodologies to increase the success of public technology commercialization. The outcome shows that the number of successful technology deployment cases and the number of IPR registration cases have a positive impact on the success rate of public technology commercialization. The statistical outcome also verifies that unnecessary technology development, more attempts and failures of technology development, and longer lead time in the planning phase have a negative impact on the success rate of the public technology development and commercialization. For policy implications, the government should be selective in supporting public technology commercialization and development for SMEs as not all technology attempts exert positive effects.

• Journal of Technology Innovation
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• v.20 no.1
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• pp.235-262
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• 2012

Although a commercialization of developed technology is an important factor for firm's competitiveness, the success rate in technology commercialization is significantly low. This fact raises a need of an analysis on factors affecting success in technology commercialization. Thus, in this study, in order to determine the success factors of technology commercialization, statistical analysis is done on 4 different elements of Korean automobile industry firms: managerial group attitude, market orientation, technology quality, and government support; and developed a causal-relationship model of the above elements and commercialization. In the developed model, two moderating variables, corporate ability and industry classification, are added to determine the level of correlations respect to two moderating variables. As a result of hypothesis tests, market orientation, managerial attitude as an antecedent variable; and government support, technology quality as an antecedent variable, both have significant correlation with technology commercialization. For moderating variables, a corporate ability has moderating effects on the connections of managerial attitude, market orientation and technology commercialization; but an industry classification has a moderating effect only on the link between technology quality and government support. The results of this research serve a contribution to the development of R&D efficiency improvement by providing government with direction in science & technology policy.

• Journal of Technology Innovation
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• v.11 no.1
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• pp.51-77
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• 2003

Although Korean government has made a great deal of investment on R&D projects, corresponding amount of efforts has not been effectively made for their commercialization. Effective technology transfer can help to spread the results of IT R&D programs. The main objective of this study is to provide some strategies for successful commercialization in lieu of technology transfer program at home and abroad. We summarize the present situation of IT R&D programs and analyze the obstacles to improve the process of materializing technology transfer.

• Journal of Information Technology Applications and Management
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• v.31 no.1
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• pp.27-43
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• 2024

This study investigated technological and managerial barriers in technology startups through a survey of 151 companies, yielding 118 responses (78.1% response rate). Factor and multivariate analyses identified two distinct barriers: technological and managerial. Reliability analysis validated the measurement tool. Using MANCOVA, 12 hypotheses were tested, incorporating six independent variables. Results revealed significant disparities in technological and managerial barriers based on establishment type, commercialization goals, growth stage, and commercialization stage, with 5 hypotheses supported. This study highlights the crucial role of these variables in understanding barriers within technology-based startups.

• Journal of Korea Technology Innovation Society
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• v.18 no.1
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• pp.28-48
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• 2015

This study is public R & D institutions report to verify what the impact factors on the course of progress of industrialization based on technology companies who previously received prior to the developed technology, what policies and plans for the next requirements based on this by offering the implications for business rate was to contribute to the improvement of the public research institution technology transfer. In this study, the influence factors on technology commercialization derived through the analysis of existing and previous studies, the characteristics of the previously received corporate environmental characteristics and previous technologies through a survey of the company received a technology transfer from public research institutions commercialization decisions and contributions, including sales and commercialization of the results were analyzed by logistic regression analysis demonstrated how to have relevance. Analysis, and linkage with high production company has an existing case of IT technology transfer, commercialization of higher technical success rate was higher compatibility. On the other hand, were observed and expected success rate were higher when a rather commercialized technologies independently be earlier than if participating in joint research in the development of the technology, unlike previously, completeness of the prior art did not significantly affect. This study has the following policy implications. Public research institutions have developed technologies are commercialized to figure out what the requirements of the technical aspects of consumer technologies in order to create economic wealth. And for technology commercialization for enough technical competencies to absorb the technology, and that the technology and considering the link between business and technology commercialization success to be applied. This study has some limitations. First, the sample size was not sufficient. In relation to the presence and participation of corporate success and commercialization of the R & D process, with many previous studies are needed more in-depth analysis by leading research in the sense that different results are obtained. Also did not reflect the will or the corporate culture, management and organizational skills and belongs to the external environment and internal corporate enterprises industry characteristics affecting the success of corporate management of the business. And lacked sufficient consideration of the various technical characteristics present in the form of joint research and industry. Finally, there is a limit of generalizations about other industries.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.24 no.5
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• pp.147-157
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• 2024

This study empirically analyzed the impact of technological innovation on corporate performance and the moderating effect of technology commercialization capability in this relationship. The purpose was to identify the impact of technological innovation activities, divided into process innovation and product innovation, on financial and non-financial performance, and to clarify the role of technology commercialization capability. An online survey was conducted with 300 companies from April to May 2024, and the results were analyzed using SPSS 29.0 and Process macro. The results showed that technological innovation had a positive effect on both non-financial and financial performance of the company. In addition, it was confirmed that the higher the technology commercialization capability, the stronger the impact of technological innovation on non-financial performance. However, technology commercialization capability did not significantly moderate the relationship between technological innovation and financial performance. This study empirically demonstrated the importance of technology commercialization capability in the relationship between technological innovation and corporate performance, and is expected to provide useful implications for establishing corporate technology innovation strategies and developing policies in the future.