• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.11
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• pp.157-165
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• 2018

Companies conduct R&D for continuous development and enhancement of corporate value, and obtain patents as an intangible asset resulting from this process. This study screened 103 medical device firms whose R&D information, patent information, and management performance information were all published to determine how R&D activities and patents affect corporate operational performance. The number of patents, R&D costs, company type and Inno-Biz of the company were set as independent variables, and the companies' sales, intangible assets, operating profit ratios, net profit margins, corporate ratings and profit-related financial ratios were used as dependent variables. The results confirmed that R&D expenditure had negative (-) effects on most indicators, including sales volume, operating profit ratio, and net profit ratio, while it had positive (+) [ED highlight - these are unnecessary if negative and positive are also written out.] effects only on intangible assets. Additionally, domestic patents were found to have negative (-) effects on sales, cash flow ratings, and dropped capital return, and positive (+) effects on net profit growth. Moreover, the business performance variables affected by the company characteristics were sales volume and cash flow ratings. The medical device industry is dominated by small and medium-sized businesses Although research and development activities and patents have been shown to have a negative impact on corporate management in the short term, they are expected to have a positive long-term impact when reflecting the characteristics of the medical device industry that must undergo clinical trials and authorization procedures after R&D.

• Asian Journal of Innovation and Policy
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• v.7 no.2
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• pp.287-309
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• 2018

The demand for efficient utilization of input resources and productive outcomes is increasing as the government's R&D investments in Government-funded research institutes (GRIs) expand. These changes call for improving research-planning activities, which are defined as a set of activities wherein objectives are established, strategies for acquisition and expenditures of research resources are devised, and utilizations of research outcomes are addressed. This study introduces the integrated 4P analysis model that identifies the relationships among patents, papers, products, and projects. It looks into 4P analysis structure and its efficiency as a research planning means through case studies of the Korea Research Institute of Chemical Technology. This study introduces 4P analysis applied to KRICT, which can be utilized for outcome-oriented research planning of GRIs. At the same time, it investigates into the benefits and implications of 4P analysis. It proffers policy suggestions on such aspects as how research planning of GRIs should go through changes in a strategic and systematic way.

• Natural Product Sciences
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• v.27 no.3
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• pp.141-150
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• 2021

This short review on the chemistry, pharmacological properties and patents of obovatol and obovatal from Magnolia obovata is the first publication. Pharmacological properties are focused on anti-cancer, anti-inflammatory, anti-platelet and neuroprotective activities. Obovatol and obovatal were first isolated from the leaves of M. obovata. Also reported in the bark and fruits of M. obovata, obovatol and obovatal are neolignans i.e., biphenolic compounds bearing a C-O coupling. Other classes of compounds isolated and identified from M. obovata include sesquiterpene-neolignans, dineolignans, trineolignan, lignans, dilignans, phenylpropanoids, phenylethanoid glycosides, flavonoids, phenolic acids, alkaloids, sesquiterpenes, ketone and sterols. The anti-cancer properties of obovatol and obovatal involve apoptosis, inhibition of the growth, migration and invasion of cancer cell lines. However, obovatol displays cytotoxicity against cancer cells but not obovatal. Similarly, anti-inflammatory, anti-platelet, neuroprotective, anxiolytic and other pharmacological activities were only observed in obovatol. The disparity in pharmacological properties of obovatol and obovatal may be attributed to the -CHO group present in obovatal but absent in obovatol. From 2007 to 2013, eight patents were published on obovatol with one mentioning obovatal. They were all published at the U.S. Patent and Trademark Office by scientists of the Korea Research Institute of Bioscience and Biotechnology (KRIBB) as inventors and assignee, respectively. Some future research and prospects are suggested.

• Journal of Korea Technology Innovation Society
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• v.20 no.1
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• pp.103-126
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• 2017

By the means of pervasiveness of ICT, ICT firms in the dynamic competition try to get the competitive advantage through the combination with the other industrial technologies and the firms in other industries also seek innovations in this way. To ICT suppliers, the application industries were completely different before but if ICT is applied to that industries once, the convergence phenomenon could occur as a part of an ICT industry. So, this research focuses the causality between ICT supplier's behavior and technological convergence according to the research question about what should ICT firms do for ICT convergence. We observed technological changes in the automotive industry through the Nasdaq listed firms' patent activities of 10-year period from the perspective of evolutionary theory. As a result, while the innovativeness of technological trials by ICT suppliers enhances the possibility of technological convergence, diversity of those can reduce the emergence of ICT convergence. This implies that ICT firms should focus specialized technologies for convergence rather than various technological options for the uncertain future.

• 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.

• Journal of Technology Innovation
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• v.11 no.2
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• pp.1-25
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• 2003

Korean technological innovation is characterized by large firm-leading and characterized sector such as electricity and electronics. We examine the relationship between two elements. Using patent data registered at USPTO by Korean firms, We examine the relationship between patterns of innovative activities and sectoral specialization. As a result, Korean technological innovation is characterized by relatively high asymmetry, big share of large firms, high stability of ranking of innovators and diminishing role of newcomer, therefore as close as Schumpeter Mark II. But technological specialization is associated positively with the big share of large firms, negatively with low stability of ranking of innovators. It means that Korean technological innovation is led by large firms, but quantitative growth and technological specialization is achieved through competition between them.

• East Asian Journal of Business Economics (EAJBE)
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• v.6 no.4
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• pp.47-57
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• 2018

Purpose - This paper aims to analyze the determinants of licensing behaviors of manufacturing firms empirically in non-advanced exporting countries. Research design and methodology - We try to approach licensing behavior from the perspective of innovation strategy and open innovation, and deal with two activities composing licensing, i.e. licensing-in and licensing-out using the result of Korean Innovation Survey Results - Firstly, Organizational characteristic factors, particularly the size and size related factors influence the firm behavior of licensing-out, but not in case of licensing-in. Secondly, innovation strategy influences the firm behavior of licensing-in, but not in case of licensing-out. Lastly, the determinants of licensing-in and that of licensing-out are different. Conclusions - In general, firms doing licensing-out have many complementary assets and orientation for global markets. Meanwhile, firms doing licensing-in are innovative firms utilizing patent as an appropriation mechanism. Licensing-out have relevance with product market-related factors and licensing-in have more relevance with technology market-related factors

• International Journal of Advanced Culture Technology
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• v.10 no.4
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• pp.261-267
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• 2022

Thanks to China's economic development, the food service industry and franchise industry have combined to serve a huge market, and alterations continue to take place, such as the changing tastes of Chinese people and the changing food culture. Global franchise companies centered in the US are rapidly making inroads into the market, and Chinese local companies are also making efforts to expand their influence. In particular, in this situation where trends are gradually changing due to the COVID-19 pandemic, we look at the trends of franchise headquarters, franchisees, employment, and operating profits for the past 10 years using information published by the National Statistical Office of China. As we examine the information, possibilities push through. In addition, we will look at the cases of domestic companies that have entered China, the conditions and plans for their activities there, and what companies planning to enter China in the future need to prepare for.

• Journal of Korea Technology Innovation Society
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• v.11 no.4
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• pp.510-531
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• 2008

The importance of universities' knowledge to industrial innovation have widely pervaded the academia as well as policy communities. During the last three decades, a series of policy measures vitalizing the knowledge-transfer activities of academics have been implemented both in industrialized and industrializing countries. However, The concerns on the industry's influences on the academia have been raised by a group of researchers such as 'Economics of science'. Against this background, this paper addresses the issues related to the relationship between the academic research and knowledge-transfer activities. Particularly, based on the 16 years' panel data of Korean academics' patent and paper outputs, the effect of patenting activities on publishing activities is investigated. Moreover, the specific context of Korean academic system as well as general characteristics of academics are considered in the analysis and discussion. According to the results, not just the publishing and patenting outputs but their productivities have been dramatically increased during the last 16 years. The main finding is that the patenting activities have a consistent positive effect on the publishing activities of the academics in the estimations of panel models. Based on these results and the discussions, some policy recommendations for university-industry collaboration are suggested.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.10
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• pp.101-107
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• 2018

Recently, Korea's defense industry has advanced highly, and defense R&D budget is gradually increasing in defense budget. However, without objective analysis of defense industry technology, effective defense R&D activities are limited and defense budgets can be used inefficiently. Therefore, in addition to analyzing the defense industry technology quantitatively reflecting the opinions of the experts, this paper aims to analyze the defense industry technology objectively by quantitative methods, and to make efficient use of the defense budget. In addition, we propose a patent analysis method to grasp the characteristics of the defense industry technology and the vacant technology objectively and systematically by applying the big data analysis method, which is one of the keywords of the 4th industrial revolution, to the defense industry technology. The proposed method is applied to the technology of the firepower industry among several defense industrial technologies and the case analysis is conducted. In the process, the patents of 10 domestic companies related to firepower were collected through the Kipris in the defense industry companies' classification of the Korea Defense Industry Association(KDIA), and the data matrix was preprocessed to utilize IPC codes among them. And then, we Implemented association rule mining which can grasp the relation between each item in data mining technique using R program. The results of this study are suggested through interpretation of support, confidence lift index which were resulted from suggested approach. Therefore, this paper suggests that it can help the efficient use of massive national defense budget and enhance the competitiveness of defense industry technology.