• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.5
• /
• pp.355-364
• /
• 2021

The main objective of this study is to examine the interactive effect of technology spillover channels on business efficiency within the case study of manufacturing industry of Vietnam during the period from 2012 to 2018. The research model was developed with business efficiency as dependent variable and the relevant factors affecting the technology spillover capacity as independent variables. With a sample of 2,776 cross-sectional enterprises, panel data analysis approach was adopted to estimate the impact of technology spillover issue. Different spillover channels were also included in the analysis to enhance the empirical result. The study reveals that technology spillovers positively influence manufacturing business efficiency, in which horizontal spillover channel produces negative impact and vertical spillover channel, creates positive impact. Several factors that negatively affect the technology spillover capacity of businesses could be mentioned such as limited skills and experiences of workers, methods of implementing R&D, and the existence of FDI enterprises. Meanwhile, the rise of other factors related to joint-venture activities can help to increase the technology spillover capacity of businesses. In addition, skill and experience transfer makes a partial impact since this variable only positively affect the vertical spillover channel and provide no evidence of impact regarding horizontal spillover channel model.

• Journal of Korea Technology Innovation Society
• /
• v.8 no.spc1
• /
• pp.499-524
• /
• 2005

The economic spillover effect from technology self-reliance of NSSS(nuclear steam supply system) by Korea Atomic Energy Research Institute was evaluated. Both production spillover effect and value added spillover effect were estimated by using Input-Output table. The production spillover effect from technology self-reliance of NSSS was estimated as 135 trillion Won during 1986-2015, while the value added spillover effect was 69 trillion Won during the same period. Besides, it was found that the technology self-reliance made great contribution to unquantifiable economic benefits such as enhancement of overall nuclear technology level, improvement of the role in international nuclear society, and improved potential to nuclear technology export.

• Journal of the Korea Institute of Military Science and Technology
• /
• v.10 no.1
• /
• pp.86-93
• /
• 2007

The objective of this paper is to examine the structure of technology spillover from UAV(unmanned air vehicle) technology to other industries by applying patents analysis. The network analysis on patent data of USPTO(United Stated Patents and Trademark Office) from 1981 to 2000 was adopted to investigate the characteristic change of the technology spillover The results show that the influence of the UAV technology to other industries has grown over the twenty years period. For the weapon system development, this study provides a research basis to estimate the technology spillover effects on industries. Searching a structural niche from the inter-industrial knowledge flow structure might be a useful technique to find core technologies which generate large technology spillover on the other industries.

• Journal of Technology Innovation
• /
• v.22 no.3
• /
• pp.225-260
• /
• 2014

In this paper, we present a literature review of the mechanisms and methodology for technology spillover, in order to provide a theoretical and practical foundation for estimating the technology spillover effect of public funded R&D programs. Our research consists of four parts. First, we investigate what technology spillover is and how it works. Second, we review the methodology used to empirically measure technology spillover, with a view to understanding the advantages and disadvantages of each method. Third, we identify the gap between the spillover phenomenon and its estimated results, caused by the limitations of the methodology, and discuss the challenges in measuring technology spillover. Finally, we present several considerations to improve the measurement of technology spillover in the context of public funded R&D programs. Our paper provides policy makers and researchers with basic knowledge about technology spillover and helps them suitably evaluate the results obtained from the literature review. In addition, it contributes towards improving the existing methodology by recognizing the gap between the spillover phenomenon and the methodology.

• Journal of Information Technology Applications and Management
• /
• v.17 no.3
• /
• pp.151-162
• /
• 2010

Recent developments in financial market liberalization and information technology are accelerating the interdependence of national stock markets. This study explores the information spillover effect of the US stock market on the overnight and daytime returns of the Korean stock market. We develop a profitable intra-day trading strategy based on the information spillover effect. Our study provides several important conclusions. First, an information spillover effect still exists from the overnight US stock market to the current Korean stock market. Second, Korean investors overreact to both good and bad news overnight from the US. Therefore, there are significant price reversals in the KOSPI 200 index futures prices from market open to market close. Third, the overreaction effect is different between weekdays and weekends. Finally, the suggested intra-day trading system based on the documented overreaction hypothesis is profitable.

• International Area Studies Review
• /
• v.15 no.3
• /
• pp.451-470
• /
• 2011

Many countries are committed to absorb foreign direct investments (FDIs). One of the strong motivations is the improvement of innovative capability through the technology spillover of FDI firms. The effect of FDI technology spillover has been widely researched not only on country level, but industry level. With the evolution of globalization and global sourcing of multinational companies, it is necessary to reexamine the relationship between innovation ability of an industry and spillover effect of FDI. This paper investigates the technology spillover effect of FDI on the innovation of Chinese firms. We gathered the data of 34 industries form various sources of Chinese government and the time span is 2001-2008. By using industry level panel data, we set panel data analysis model. In the model, there are two explanatory variables: backward and foreward integration. The analysis result shows that technology spillover of FDI has significant effect on the innovation of foreward integration FDI.

• Proceedings of the Technology Innovation Conference
• /
• 1996.12a
• /
• pp.141-153
• /
• 1996

Firms prefer in some specific conditions cooperative R&D to non-cooperative for developing technology. Previous studies on the conditions show firms want to choose cost-sharing type of cooperative R&D (the CS-RJV) rather than non-cooperative one when target technology is either 'relatively easy'or 'relatively difficult', and to join multiple-research type of cooperation (the MR-RJV) than to compete each other if technology is only 'relatively easy'. However, by introducing technological spillover as well as difficult of technology, only if there shown that this seemingly contrasted phenomenon almost disappears : the MR-RJV can i3e also preferred by firms even in case of 'relatively difficult'technology only if there exists some extent of a technological spillover.

• Journal of the Korea Safety Management & Science
• /
• v.17 no.3
• /
• pp.53-63
• /
• 2015

This study highlights empirically the relationship among major constructs such as accident, fear and anxiety emotion, self-efficacy, and negative spillover of work, focused on the railway drivers. The differentiated factor of this study is in that the experience of accident was posed as exogenous variable. The main statistical tool was Regression. Hypothesis tests based on 201 samples verified that the experience of accidents showed a significant effect on negative spillover of work mediated by fear and anxiety, with moderating effect of self-efficacy between fear and anxiety and negative spillover of work. However, the moderating effect was shown as increasing the degree of negative spillover of work, since the drivers recognized their fear and anxiety accrued by accident experience as uncontrollable. This findings suggest the need for mitigating driver's negative emotion - fear and anxiety - through an introduction of practice such as exemption of settlement obligation in accident site and lowering of the penalty for accident responsibility.

• Journal of Technology Innovation
• /
• v.15 no.1
• /
• pp.145-173
• /
• 2007

Using patent and firm-level panel data for 1982-2001, this study investigates spillover effects of patents and the strengthening of intellectual property rights on Productivity and Innovation. As well as we consider the effect of intra-industry spillovers, we extend the effect to inter-industry spillovers which implies the effects of IT industries on non-IT industries. The empirical results are summarized as follows. First, allowing for firm-level variables, market competition and technological spillovers, the strengthening of intellectual property rights does not play a significant role on innovative activities. Second, while innovative activities of domestic firms affect significantly firms' innovative activities, those of foreign firms do not. Third, innovative activities of IT industries as inter-industry spillovers play a significant role on innovative activities and labor productivities of domestic firms.

• Journal of Institute of Control, Robotics and Systems
• /
• v.6 no.11
• /
• pp.955-962
• /
• 2000

Although large space structures(LSS) such as a space station, a solar power station satellite, etc., are theoretically distributed parameter and infinite-dimensional systems, they have to be modeled into a lumped parameter and large finite-dimensional system for control system design. Besides, there remains the fundamental problem that the modeled large finite-dimensional system must be controled with a much smaller dimensional controller due to the limitation of computing resources. This causes the spillover phenomenon which degrades control performances and reduces the stability margin. Furthermore, it may destabilize the entire feedback control system. In this paper, we propose a novel spillover suppression method in the active vibration control of large flexible structures by using eigenstructure assignment. Its validity and effectiveness are investigated and verified by the numerical experiments using a simply supported flexible beam, which is modeled to have four controlled modes and eight uncontrolled modes.