• Title/Summary/Keyword: field innovation

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Promotion of Technology-based Start-ups: TIPS Policy of Korea

  • Han, Jung-wha
    • Asian Journal of Innovation and Policy
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    • v.8 no.3
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    • pp.396-416
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    • 2019
  • The key conditions for the promotion of innovative technology-based start-ups are expanding the market for innovative technology products and services, increasing equity-based funding opportunities, promoting the commercialization of technological innovation, and establishing a fair-trade system for start-ups to compete fairly in the market. Besides, there is a need for a support system that minimizes the cost of failure in case of business failure to facilitate re-challenge and provides education and training opportunities to enhance entrepreneurial capabilities. To activate technology-based start-ups, the Korean government introduced the TIPS policy in 2013. It is a program that creates technology start-up with private investment led by successful venture entrepreneurs, which has shown remarkable achievement and is regarded as the most successful policy in this field up to now. The most critical factor contributed to the success of this program is to invite private investors to select a technology entrepreneurship team and provide mentoring with the investment. The government provides R&D funding with matching investment, commercialization and marketing support to ensure that technology start-ups survive crossing the death-valley. Subsequent investments from domestic and abroad investors are actively made and it is becoming a representative technology-based start-up program in Korea.

An Empirical Study on the EDI Diffusion and Performance (EDI 시스템의 확산과 성과에 관한 실증적 연구)

  • Lee, Jae-Won;Lee, Young-Hwan
    • Asia pacific journal of information systems
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    • v.10 no.4
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    • pp.1-20
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    • 2000
  • Electronic Data Interchange(EDI) has the potential to improve business operations by expediting the exchange of business documents. It will also provide substantive operational and strategic benefits to the trading firms. However, the successful implementation of EDI systems requires the mutual trust and cooperation between the trading firms. The extent of EDI diffusion and performance depends on inter-organizational, intra-organizational, as well as innovation factors. Researches based on the sociopolitical process framework in the use of IT, organizational theory, resource dependence theory, and innovation diffusion theory have identified 3 inter-organizational variables(transaction climate, dependence, external IS expert support) and 4 intra-organizational variables(strategic IS planning, infrastructure, top management support, education/training,), and 3 innovation variables(compatibility, relative advantage, cost) that affect EDI diffusion. In this study, a multi-dimensional measure on EDI diffusion has been developed to capture the external and internal integration. Then, the influence of these 10 variables on the extent to which the EDI adopting firms pursue diffusion has been examined. Whether more diffusion leads to superior performance has also been studied. International trade managers from 107 firms in the trade industry participated in a field survey. The results based on a structural equation model(SEM), developed using AMOS, provide quite a strong support for the hypothesized relations. Both education/training and IT infrastructure influenced external and internal diffusion of EDI systems. Internal diffusion of EDI enables the adopting firms to improve operational and strategic performance, whereas external diffusion contributes only to operational performance.

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A Study on the Construction of a Drone Safety Flight Map and The Flight Path Search Algorithm (드론 안전비행맵 구축 및 비행경로 탐색 알고리즘 연구)

  • Hong, Ki Ho;Won, Jin Hee;Park, Sang Hyun
    • Journal of Korea Multimedia Society
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    • v.24 no.11
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    • pp.1538-1551
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    • 2021
  • The current drone flight plan creation creates a flight path point of two-dimensional coordinates on the map and sets an arbitrary altitude value considering the altitude of the terrain and the possible flight altitude. If the created flight path is a simple terrain such as a mountain or field, or if the user is familiar with the terrain, setting the flight altitude will not be difficult. However, for drone flight in a city where buildings are dense, a safer and more precise flight path generation method is needed. In this study, using high-precision spatial information, we construct a drone safety flight map with a 3D grid map structure and propose a flight path search algorithm based on it. The safety of the flight path is checked through the virtual drone flight simulation extracted by searching for the flight path based on the 3D grid map created by setting weights on the properties of obstacles and terrain such as buildings.

Wastewater Treatment Plant Control Strategies

  • Ballhysa, Nobel;Kim, Soyeon;Byeon, Seongjoon
    • International journal of advanced smart convergence
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    • v.9 no.4
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    • pp.16-25
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    • 2020
  • The operation of a wastewater treatment plant (WWTP) is a complex task which requires to consider several aspects: adapting to always changing influent composition and volume, ensuring treated effluents quality complies with local regulations, ensuring dissolved oxygen levels in biological reaction tanks are sufficient to avoid anoxic conditions etc. all of it while minimizing usage of chemicals and power consumption. The traditional way of managing WWTPs consists in having employees on the field measure various parameters and make decisions based on their judgment and experience which holds various concerns such as the low frequency of data, errors in measurement and difficulty to analyze historical data to propose optimal solutions. In the case of activated sludge WWTPs, parts of the treatment process can be automated and controlled in order to satisfy various control objectives. The models developed by the International Water Association (IWA) have been extensively used worldwide in order to design and assess the performance of various control strategies. In this work, we propose to review most recent WWTP automation initiatives around the world and identify most currently used control parameters and control architectures. We then suggest a framework to select WWTP model, control parameters and control scheme in order to develop and benchmark control strategies for WWTP automation.

Army Future Experts' Prediction about Near-Future Climate X-event

  • Sang-Keun Cho;Ji-Min Lee;Eui-Chul Shin;Myung-Sook Hong;Jun-Chul Song;Sang-Hyuk Park
    • International Journal of Advanced Culture Technology
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    • v.11 no.2
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    • pp.196-201
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    • 2023
  • The future is complex and unpredictable. In particular, it is unlikely to occur, but once it occurs, no one knows how it will affect our society if X-event, which has a tremendous impact, is created. This study was conducted only in the climate field to offset the ripple effect of this X-event, and was conducted through in-depth interviews with experts from the Korea Army Research Center for Future & Innovation and the Army College. As a result, it was possible to explore what factors would trigger X-event from their discourse and what X-event would be newly created by spreading them to other fields. Starting with this study, if we accumulate the discourse of experts in various fields such as population, science and technology, as well as climate, and other fields other than the Army, we can predict X-event and offset the threats that may arise.

Design and construction of fluid-to-fluid scaled-down small modular reactor platform: As a testbed for the nuclear-based hydrogen production

  • Ji Yong Kim;Seung Chang Yoo;Joo Hyung Seo;Ji Hyun Kim;In Cheol Bang
    • Nuclear Engineering and Technology
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    • v.56 no.3
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    • pp.1037-1051
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    • 2024
  • This paper presents the construction results and design of the UNIST Reactor Innovation platform for small modular reactors as a versatile testbed for exploring innovative technologies. The platform uses simulant fluids to simulate the thermal-hydraulic behavior of a reference small modular reactor design, allowing for cost-effective design modifications. Scaling analysis results for single and two-phase natural circulation flows are outlined based on the three-level scaling methodology. The platform's capability to simulate natural circulation behavior was validated through performance calculations using the 1-D system thermal-hydraulic code-based calculation. The strategies for evaluating cutting-edge technologies, such as the integration of a solid oxide electrolysis cell for hydrogen production into a small modular reactor, are presented. To overcome experimental limitations, the hardware-in-the-loop technique is proposed as an alternative, enabling real-time simulation of physical phenomena that cannot be implemented within the experimental facility's hardware. Overall, the proposed versatile innovation platform is expected to provide valuable insights for advancing research in the field of small modular reactors and nuclear-based hydrogen production.

A Study on Analysis of Patent Information Based Biotechnology Research Trend and Promising Research Themes (특허정보 기반의 바이오 기술개발 트렌드 분석 및 유망기술분야 도출에 관한 연구)

  • Kam, Ju Sik;Kim, Moo Woong;Hyun, Byung Hwan
    • Journal of Technology Innovation
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    • v.21 no.2
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    • pp.25-56
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    • 2013
  • As science and technology are emphasized as national competitiveness, major nations designate new growth engine industry and establish the effective investment and the development strategy to enhance industrial development and competitiveness through science and technology. New industrial sectors such as Biotechnology and renewable energy have been spot lighted as major new growth engines and this competitive situation is getting fiercer. Universities and research institutions in each country selected and announced the future promising technological field which will produce ripple effect in the future on a regular basis. In Korea, various research institutions continue to select and announce the promising technological fields. In this study, we would like to study the method to derive the promising technological field in the field of biotechnology spotlighted as a new growth engine by utilizing patent information. We would like to derive the major technological field by collecting domestic and international patents in the field of biotechnology using IPC code based technological classification and identifying bio technological trends utilizing text mining method for analysis of technological development trends with patents. Patent contour of US and Korea is compared and analyzed through analysis of text mining to derive the general technological development field in the field of biotechnology. After that, we would like to investigate research theme of promising biotechnology focused technological development through details on technological trends through in-depth analysis about technological field which draws interest more and more in Korea and other countries.

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FINANCIAL SYSTEM: INNOVATIONS AND PRINCING OF RISKS

  • Melnikov, A.V.
    • Journal of the Korean Mathematical Society
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    • v.38 no.5
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    • pp.1031-1046
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    • 2001
  • The paper studies the evolution of the financial markets and pays the basic attention to the role of financial innovations (derivative securities) in this process. A characterization of both complete and incomplete markets is given through an identification of the sets of contingent claims and terminal wealths of self-financing portfolios. the dynamics of the financial system is described as a movement of incomplete markets to a complete one when the volume of financial innovations is growing up and the spread tends to zero (the Merton financial innovation spiral). Namely in this context the paper deals with the problem of pricing risks in both field: finance and insurance.

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Research on the Environment Design of Smart Entrepreneurship Community Based on the Needs of Entrepreneurs

  • Yu, Renyou;Fan, Qiangqiang
    • International Journal of Contents
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    • v.16 no.2
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    • pp.1-7
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    • 2020
  • Since 2014, the wave of "Mass entrepreneurship and innovation" has been set off in China, and various innovation and entrepreneurship communities have emerged and become gathering places for entrepreneurs. The purpose of this study is to consider the needs of entrepreneurs and combine the characteristics of entrepreneurial space to put forward effective environmental design and improvement strategies for the smart entrepreneurship community. This study was conducted through a literature review, online information survey, and field survey, and the research objects included high-quality entrepreneurs(refers to entrepreneurs with higher education background and certain technical advantages, mainly including master's degree and doctor, overseas returnees and university professors) and various entrepreneurial communities at home and abroad,(it includes cultural entrepreneurship community, science and technology entrepreneurship community, residential and office integration entrepreneurship community).

The Factors Affecting the Implementation of Risk Management Systems: The Case of ALM Systems (국내 금융기관의 위험관리시스템 도입에 영향을 미치는 요인: ALM시스템을 중심으로)

  • Hahm, Yu-Kun
    • Korean Management Science Review
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    • v.15 no.2
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    • pp.211-227
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    • 1998
  • The process of implementing risk management systems for the organizations in financial service industry can be viewed as a diffusion of innovation since the introduction of the risk management systems changes the decision making process on risks faced by the organizations. The purpose of the reported research is to examine the factors that affect the successful implementation of ALM(asset & liability management) systems, the risk management systems managing interest rate risk. Specifically, this paper presents an investigation of three factors from the diffusion of innovation studies; internal factors, external factors, and time. A field survey was conducted for Korean banks that have implemented ALM systems. The results suggest that the perceived uncertainty of market, system supports, and management supports be most significantly related to the successful implementation of the risk management systems. The findings of the current study also suggest a certain amount of time should be passed to diffuse the risk management systems in organizations.

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