• 제목/요약/키워드: investment readiness

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Impacts of the Digital Economy on Manufacturing in Emerging Asia

  • Kim, Jaewon;Abe, Masato;Valente, Fiona
    • Asian Journal of Innovation and Policy
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    • 제8권1호
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    • pp.1-30
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    • 2019
  • The advent of digitalisation has transformed economies into more integrated, but increasingly complex systems. This new trend has brought dynamic changes in the manufacturing sector through advanced ICT infrastructure, smart factories, digitally-controlled logistics, and skilled ICT-labour. The impacts of the digital economy on manufacturing could be best illustrated through "Industry 4.0." With this wave of technological advancement, countries aim to establish an industrial ecosystem where every manufacturing process and function is connected and interacts through digital networks. Industry 4.0 presents opportunities for Emerging Asia, as the region has emerged as a fast-growing manufacturing hub and particularly a production base for ICT goods. However, growing production capacity, increased exports, and increases in FDI in the field of ICT goods manufacturing have so far contributed little to the development and diffusion of ICT. A huge gap exists in the ICT uptake amongst countries and between small and large firms. This paper highlights the level of Industry 4.0 readiness of Emerging Asia and key factors that determine its enhancement.

RFID Implementation Readiness Model : Impact of Technology, Human, Vender, and Task Factors

  • Lim, Se-Hun
    • 디지털융복합연구
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    • 제9권1호
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    • pp.71-87
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    • 2011
  • Currently, many companies are interested in (Radio Frequency Identification (RFID). Nonetheless, technical imperfection and the uncertainty of Return on Investment (ROD is discouraging the companies' intention to implement RFID. Accordingly, while a number of companies concede the efficiency of RFID, few of them expresses enthusiasm, making a rain check to adopt RFID. Moreover, the recent economic depression has down-sized the companies' investment on Information Technology (IT), subsequently hindering RFID implementation. In adopting RFID, the collaboration of supply chain is the most importance factor. Therefore, in implementing RFID, many companies reinforced collaboration of supply chain. Therefore, this study will focus on performing an analysis on several factors which influence the intention to adoption of RFID, such as the human factor, technology factor, vender factor and task factor. The results of this study will provide useful guidelines for RFID adoption strategy to Korean companies.

Service Innovation Readiness of Health Institutions during COVID-19: A Perspective from the Kingdom of Saudi Arabia

  • AKHTAR, Nadeem;ALTALHI, Hassen;AHMED, Ashfaque;MUSTAFA, Fakhar;MERAJ, Muhammad Asad
    • The Journal of Asian Finance, Economics and Business
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    • 제8권8호
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    • pp.375-386
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    • 2021
  • The purpose of the research was to explore the factors which affect service innovation in organizations and how the utilization of resources can improve organizational performance, and gain a competitive advantage by adopting numerous innovative practices. This study hypothesizes Service Innovation Readiness (SIR) to consist of Strategic Alignment favoring Service Innovation (SASI) and Empowering Structure for Service Innovation (ESSI), which regulate the organization's preparedness to adopt service innovation changes. Six dimensions were identified and analyzed to understand their effects on SASI and ESSI. A structured questionnaire on a 5-point Likert scale was used to collect data from the selected hospitals of Saudi Arabia. The research results contribute considerably to the subject matter by theorizing SIR and the complex variable settings essential for embracing SI. This research also provides some understanding of the service innovation management dimension through a complete assessment that measures the organization's readiness and attempts to direct organizations' efforts to achieve and sustain competitive advantage. The study conducted is unique in the current geographic limits and has explored numerous SI areas of an organization's readiness to adopt service innovation.

국방연구개발 투자우선순위 도출 프레임워크 - TRA 방법론에 기반한 DEA 중심으로 - (A Framework for Deriving Investment Priority in National Defense R&D - Using DEA based on TRA -)

  • 유동현;임동일;설현주
    • 한국군사과학기술학회지
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    • 제21권2호
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    • pp.217-224
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    • 2018
  • The purpose of this study is to evaluate the future potential value of CTE(Critical Technology Element)s that are evaluated to be low in TRA(Technology Readiness Assesment) and to present investment prioritization technologies in defense R&D(Research and Development) based on them. To do this, we used the DEA(Data Envelopment Analysis) method, which is useful in evaluating the efficiency of the organization. Specifically, we suggest a systematic framework to evaluate the future value of CTEs by setting the CTEs derived from the TRA process to DMU(Decision Making Unit)s, the cost and time required to develop each CTE as the input factor of the DEA and the effects of the development of each CTE as the output factor of the DEA respectively. We also conducted an illustrative case study on radar technologies to demonstrate the usefulness of the proposed approach.

IMPLEMENTATION OF TRL TOOLS TO KOREAN NATIONAL CONSTRUCTION AND TRANSPORTATION R&D PROJECTS FOR IMPROVING PRACTICAL USE

  • Namgyun Kim;Byungho An;Jaehong Choi;Hyunseok Lee;Sanghyuk Park;Yeasang Kim
    • 국제학술발표논문집
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    • The 5th International Conference on Construction Engineering and Project Management
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    • pp.608-615
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    • 2013
  • The major countries including Korea extend the national investment on R&D and implement the business performance diffusion policy as the knowledge based competition age arrives recently. The necessity for risk management and systematic management system for R&D achievement have been appeared to prevent the failure as the R&D scale becomes larger as it was said. For this matter, the organization such as NASA and DoD in USA defines the Technology Readiness Level (TRL) as a quantitative accomplishment management index and utilize the Technology Readiness Assessment (TRA) system as a criterion. Such tool is evaluated as very effective in the R&D project purposed the practicalization. It is expected that the disadvantage of evaluation system which is oriented to the academic accomplishment in its contents of current research and to contribute greatly to the practicalization of outcomes when such technology readiness level concept is applied to Korean national construction and transportation R&D project. Accordingly, this study analyzed the concept of TRL·TRA, the characteristics and current evaluation management system of Korean national construction and transportation R&D project and suggested the construction and transportation R&D project TRL·TRA performance model to accomplish the practicalization purpose.

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연료전지 삼중열병합 시스템의 성능개선 R&D 효과에 대한 경제성 분석 연구 (Economic Analysis Study on the R&D Effect of Performance Improvement of the Tri-generation Fuel Cell System)

  • 안종득;이관영;서석호
    • 신재생에너지
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    • 제18권2호
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    • pp.26-39
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    • 2022
  • Considering the recent substantial increase in national research and development (R&D) budgets in the energy sector there has been increased Interest in the effectiveness of government R&D investments. We conducted a case study to calculate the allowable scale and effectiveness of R&D investment by calculating the direct performance improvement effect resulting from R&D investment as an economic value. Using conditions that existed prior to R&D investments as a reference, five cases in which performance improved due to R&D investments were compared and analyzed. The government's financial investment is increasing rapidly in line with the establishment of the national hydrogen roadmap. R&D is needed to enhance the current low technology readiness level of hydrogen fuel cells compared to solar and wind energy fields. Therefore, an R&D project to improve the performance of the fuel cell system was selected as this case study's subject. Using the results in this study, the allowable level of investment in the task unit of national R&D projects could be calculated. Moreover, it is advisable to provide a standard for rational decision making for new R&D investments since it is possible to determine investment priorities among a large number of candidates.

ASP기반 정보시스템 투자 성과 평가 방법론 개발 : 소규모 제조기업을 중심으로 (Development of a Methodology for the Analysis of the ASP-based Information Systems Performance Evaluation of Small-Sized Manufacturing Firms)

  • 최재웅;강태우
    • 디지털산업정보학회논문지
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    • 제4권4호
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    • pp.103-111
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    • 2008
  • While the demand for ASP(Application Service Provider) focused on small and medium enterprises who are fully aware of needs of ICT readiness has been increasing, those who consider to adopt ASP are wondering whether their performance would be actually successful if they did. These concerns can be an important standard of judgement, when introducing new information systems, by analyzing ROI(Return on Investment) on the current enterprises. Therefore, to review the feasibility of investing IT and measuring the performance, this study suggests a framework for ROI analysis which estimates IT investment performance, through multi-criteria approach on both financial performance index and non-financial one. We applied methodology on ASP-based IT investment performance evaluation to sample manufacturing companies under 50 employees and deduced the main implications to be considered when introducing the system.

Entrepreneurial Financing: Program Review and Policy Perspective

  • Ham, Jin Joo
    • STI Policy Review
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    • 제5권1호
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    • pp.75-97
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    • 2014
  • Entrepreneurial financing, such as publicly initiated venture capital or grant schemes, serves as an important policy instrument that aims to bridge the financing gap facing young, innovative businesses, a gap that is mainly due to higher risk and growing uncertainty, and to strategically promote the creation of new ventures through the revitalization of their venture capital industries. This study examines public venture capital initiatives in Australia, Canada, and Sweden, and discovered that all three countries actively foster their venture capital industry through the formation of funds or the provision of tax incentives. It is notable that the majority of financing initiatives heavily depend on supply-side measures rather than demand-driven policies that focus on stimulating private investment in technological innovations and discoveries. This paper discusses in-depth the policy impact of public financing initiatives and their subsequent side-effects raised in the process such as overlapping in funding structure across the country, lack of monitoring and evaluation for feedback, fragmentation across the government ministries and agencies, and competition with the private sector, which may cause inefficiency as a result of public intervention. Financial constraints may arise for many reasons, partly resulting from the lack of investment readiness of young entrepreneurs. This signals a policy shift towards the creation of market-driven demand away from the traditional supply-push approach, and is a grand challenge to policymakers in entrepreneurial financing. Attention is leaning towards the efficiency and effectiveness of these public-financing initiatives in terms of their policy roles. It is worth noting that policy should focus on generating synergy so available resources can be channeled into the early, risky stage of new ventures, working as facilitator to the achievement of an intended policy goal.

범정부 정보화 투자관리 문제점 및 개선방안에 관한 연구: 아키텍처적 방법을 중심으로 (A Study on Solving Problems in Pan-government IT Investment Management: Focusing on Architectural Ways)

  • 오승운;김충영
    • 정보화연구
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    • 제9권4호
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    • pp.377-389
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    • 2012
  • 2012년 UN이 발표한 전자정부 준비지수(E-Government Readiness Index)에 따르면 우리나라는 지난번에 이어 연속 1위를 차지하였다. 그러나 IMD가 발표한 국가 경쟁력 지수에 의하면 우리나라의 국가경쟁력 지수는 3년 연속 20권에 머물고 있다. 특히, 2012년에는 정부효율성 부분이 2011년 대비 3단계 하락한 25위로 내려앉았고 정보화와 영향이 있는 인프라는 3년간 20위인 상황이다. 이는 정보화의 발전이 정부업무 효율에 영향을 주지 못하고 있다는 반증일 수 있다. 본 연구에서는 이러한 현상을 정보화 라이프 싸이클 관점에서(기획-예산-구축 운영-평가) 분석하였다. 그 결과 각 단계별 정보의 연계 및 합리적인 추적관리 부재와 체계적인 계획에 따른 정보화관리가 미흡한 것으로 나타났다. 이를 해결하기 위해 아키텍처적인 방법을 활용해 개선방안을 제시하였다.

Towards Instant Availability and Full Life Cycle Resilience in Vertical Cities: Automated Deployment and Transformation of High-Rise Buildings to Mitigate Social Challenges

  • Thomas Bock;Rongbo Hu
    • 국제초고층학회논문집
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    • 제11권2호
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    • pp.75-86
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    • 2022
  • High-rise buildings often can accommodate the population of small horizontal cities. The investment in high-rise buildings is considerable and therefore a rapid return on investment is necessary. The immediate availability of high-rise buildings can be achieved by automated prefabrication of highly finished modules and their instant on-site assembly by robotic and automated construction sites. A high-rise building as a vertical city can be considered as a sophisticated organism that can constantly change throughout its lifecycle in response to economic growth, demographic change, and environmental pressures. To date, many new urban high-rise developments claim to be "vertical cities", yet few represent this important characteristic. This article analyzed the technological readiness and innovations in the field of construction automation and robotics including single-task construction robots, automated on-site construction factories, and ambient assisted living. These technological advances enable the realization of future vertical cities that are able to continuously grow and transform in terms of form and function. Finally, the article proposes a visionary archetype of vertical city in the name of "dynamic vertical urbanism" that is easy to expand vertically and horizontally in order to achieve instant availability and full life cycle resilience thanks to advanced building technologies.