• Title/Summary/Keyword: venture policy

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Hyperledger Blockchain Design for Sharing, Spreading, and Protecting National Cybersecurity Information

  • Park, Dea-woo;Lee, Sang-hyeon
    • Journal of information and communication convergence engineering
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    • v.18 no.2
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    • pp.94-99
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    • 2020
  • Real cyberterrors are invisible and difficult to identify. Even after a cyberattack, its origin and cause are difficult to determine. Cyberterrorism results in invisible cyberwars, and it is believed that World War IV will begin with a cyberwarfare. For national cybersecurity, information on cybersecurity must be collected, shared, and disseminated. In this study, we investigate a blockchain system designed based on the World Cybersecurity Agreement. National cybersecurity information is linked to the hyperledger blockchain system network through the National Cybersecurity Center. National cybersecurity information designs and uses a secure protocol for protection; further, it is collected, shared, and disseminated to treaty countries. National cybersecurity information is shared and spread by the hyperledger blockchain system, and it uses a cyberdefense system that responds to the cyberattacks and their origin. This paper serves as a policy and legislation guideline for forming a World Cybersecurity Agreement between countries.

Formal Business Plans as Myth and Ceremony: Education and Practical Implications

  • Mahdjoubi, Darius;Gibson, David V.
    • World Technopolis Review
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    • v.4 no.4
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    • pp.222-237
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    • 2015
  • Business plan competitions and related education are common activities to regions that are, or desire to be, important innovative and start-up regions. The literature is contradictory regarding the value of formal business plans (FBPs) toward venture planning, capital acquisition, and education. This study analyzes the relevant literature and sample of 35 FBPs to assess these contradictions. We propose the theoretical constructs of "myth and ceremony" to explain the loose coupling of FBPs to real business environments, an observation consistent with theory that suggests organizations perpetuate the myths of their institutional environment to maintain their legitimacy. We offer Action Business Planning as an alternative to more accurately address the realities of venture creation and survival, and for education.

A Case Studies on the Success Factors of Local Start-up Firm: Focused on Venturing (국내 창업기업의 성공요소에 관한 사례연구: 벤처창업을 중심으로)

  • Jo, Shin-Na;Han, Jung-hee
    • Journal of Industrial Convergence
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    • v.14 no.2
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    • pp.15-23
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    • 2016
  • Korea is aging rapidly and unprecedentedly in the world, and the social burden is prospected to be increased rapidly. New business start-up in blue ocean area is boomed in Korea, because sedulousness of people and high household saving rate which are basis of the economic development are getting lower, and propensity of the consumption and debt in household are getting higher. This article is refers that what is success factors of new business start-up in blue ocean through investigating the theoretical concept and the success cases. As a result, the success factors of new business start-up are categorized as environmental factors, strategical factors, organizational factors, personal factors, and factors of growing-up stages. In order not only to identify the success factors, but also to avoid failure, it is important that the basic principle should be followed ; Specifying the objectives, Balancing the fund, Meeting good biz-partners, Analysis of the market and Advice of the experts.

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기술혁신 기업과 R&D 프로젝트 파이낸스 : 지속적 기술혁신을 위한 자금조달의 대안

  • 김영훈;변혜영;이정동
    • Proceedings of the Technology Innovation Conference
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    • 2006.02a
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    • pp.170-186
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    • 2006
  • The guarantee funds for government policy fund, venture capital investment fund, technology guarantee debt are the core parts of the external financing system in the constant technology innovation company. However, the enterpriser's requirement to keep the technology innovation with minimized management intervention and policy maker's hope to advance technology development with clear operation of funds is enough to request for research of the project investment plan to the R&D project. This paper will analyze whether technology innovation company that creates cash flow prefers to the project investment as a financing program or not, and if prefers, what characters of company affect on this preference. The more the company that pursuit the additional R&D activity separated to on-going items becomes over the fixed size, the more prefers the project investment as future external fund-raising. Together with that, this paper suggests that we can apply the plan like special purpose vehicle, SWORD(Stock Warrant Off-Balance sheet R&D) and R&D Limited Partnership as R&D project investment policy, and improve the system itself.

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New Venture Incubation Framework: An Indian Academic Model

  • Subrahmanya, MH Bala;Gopalaswamy, Arun Kumar
    • Asian Journal of Innovation and Policy
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    • v.7 no.3
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    • pp.489-510
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    • 2018
  • Institution-based Technology Business Incubators are on the rise in India, as a means of promoting innovation-based tech start-up ecosystems, due to increased policy initiatives. Against this background, we have traced the origin and process of building a start-up ecosystem in IIT Madras, Chennai of India, based on semistructured interviews held with the stakeholders of the ecosystem. Subsequently, we have ascertained the key components of IIT Madras start-up ecosystem, and the process of incubation comprising pre-incubation, incubation and post-incubation phases. Finally, we have derived the key lessons from the ecosystem development experience and incubation process which enable generation of start-ups from both students and faculty, apart from alumni and ex-industry executives. Though this ecosystem model has emerged over a period of time through learning and experience, the ecosystem is able to generate more than 100 start-ups, majority of them being from students and faculty. Thus, the evolved start-up ecosystem of IIT Madras is able to generate faculty-supported and student-led entrepreneurship successfully.

A Study on the Critical Success Factors and Policy Direction of ICT-based Convergency Company (ICT기반 융합기업의 성공 요인 및 정책방향에 대한 연구)

  • Weon, Sang-Ho;Yang, Hae-Sool
    • Journal of Digital Convergence
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    • v.13 no.4
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    • pp.39-50
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    • 2015
  • ICT convergence has attracted attention as a major means of corporate innovation. In this study in-depth interviews was had to analyze the success factors of ICT-based companies that created a performance through the convergence. The success factors of ICT convergence were analyzed by differentiating your company's products and services through the integration of ICT skills, securing convergence technologies with enhanced R&D investment, and the strong leadership of CEO and collaborative relationships at home and abroad for convergence. It is a positive impact on success of ICT convergence to try the innovations in products, to invest R&D aggressively and to construct a global partnership network. As these results, they was proposed as a policy direction for the diffusion of ICT convergence.

A Study on Affecting Intention to Introduce Retirement Pension System: Focusing on Financial Factors of Small and Medium Enterprise (퇴직연금제도 도입의사 영향요인에 관한 연구: 중소기업의 재무요인을 중심으로)

  • Jeong, Yeong-hoon;Kim, Hyoung-soo;Ahn, Eun-ju
    • Journal of Digital Convergence
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    • v.19 no.4
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    • pp.39-48
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    • 2021
  • The retirement pension is one of the security systems for retirement income. In Korea, since 2016, companies with 300 or more employees are obligated to introduce retirement pensions, so the rate of introduction of retirement pensions by large companies is high, but the rate of introduction of small and medium-sized enterprise(SME) is very low. This study aims to suggest a direction for the government's policy establishment to introduction of a retirement pension plan by looking at what financial attributes affect the intention to introduction of retirement pension plan. As a result of the analysis, it was found that among the financial attributes, Return on Sales in the positive (+) direction and Equity Capital Ratio in the negative (-) direction were significant factors influencing the intention to introduce a SME retirement pension. Accordingly, the government policy to induce the introduction of the retirement pension for SMEs needs to be implemented in stages with priority to SMEs with large Return on Sales and Equity Capital Ratio.

Consortium Blockchain and Machine Learning Design for Efficient Government fund expenditure in Untact Era (Untact 시대의 효율적인 정부자금 지출을 위한 Consortium Blockchain과 Machine Learning 설계)

  • Oh, Rag-seong;Park, Dea-woo
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.25 no.2
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    • pp.178-186
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    • 2021
  • COVID-19 occurred in China in December 2019 and spread to the world. Untact culture becoming commonplace due to the spread of COVID-19, is accelerating digital transformation across society. The government is increasing government fund to overcome national crisis situations such as COVID-19. In order to efficiently execute these government funds, the government and policy financial institutions need to come up with two measures. One is to establish a transparent government fund execution process, and the other is to secure the objectivity of the review process. In this paper, to solve this problem, we designed the execution process of government funds from the government to end users with Consortium Blockchain, and designed a machine learning algorithm for internal review of policy financial institutions. The research data proposed in this paper will be helpful in setting the future government policy direction for government fund execution.

Medium-Small and Venture Firm Size Distribution and Trade Welfare (중소벤처기업규모와 무역후생)

  • Cho, Sang Sup;Min, Kyung Se
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.6
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    • pp.41-47
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    • 2017
  • This study is an empirical analysis of the welfare of small and medium venture company trade. In the past, although the study analyzes the trade welfare for representative firm, this research is focusing on the distribution of an entire industry of companies analyzed. In this study, medium-to venture enterprise-scale for logarithmic normal distribution and Pareto distribution is estimated, and this study investigates the trading welfare changes. Results of the analysis can be summarized as follows. First of all, greater trade benefits enterprise-scale heterogeneity appeared to be significant. The result of this finding appeared to be the same to large firms as well as small and medium ventures. Trading welfare, assuming the distribution of Pareto rather than logarithmic normal distribution it's supposed to be overwhelmingly large. Secondly, the case of large corporations shows the more trade welfare than that of small and medium venture companies. Third, assuming homogeneous distribution of enterprise-scale trade welfare differences did not exist. Finally, from the point of view of increasing the welfare of trade, the diversity aiming of venture business is a very important role in the long term, because of the small and medium-sized ventures trade role.

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A Study on the Effects of Baby Boom generation' Leisure and Preparation for Old Aged on life satisfaction and moderated regression for Spouse support (베이비부머의 여가활동과 노후준비가 삶의 만족도에 미치는 영향과 배우자 지지의 조절효과에 대한 연구)

  • Jung, Eun-Kyung;Kim, Jong-Keun
    • Journal of Digital Convergence
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    • v.15 no.10
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    • pp.501-512
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    • 2017
  • The purpose for this study was to figure out the effect factors of baby boom generation' leisure and preparation for old aged on life satisfaction and moderated regression for spouse support. A survey of baby boom generation who are living in Seoul and metropolitan areas was conducted 406 collected data. The results are as follows. First, Leisure had influences on life satisfaction. Second, Preparation for old aged and independent leisure had a positive effect on life satisfaction. Third, Preparation for old aged had mediate leisure on the effect on life satisfaction. Fourth, spouse support. had moderated regression leisure on the effect on life satisfaction. Fifth, Moderated regression for spouse support. had a negative effect on life satisfaction mediated economic preparation for old aged and had a positive effect on life satisfaction mediated physical preparation for old aged.