• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.9 no.5
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• pp.43-52
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• 2014

It becomes to be essential for firms to build up collaboration ecosystem with diverse entities and to be common for firms to absorb knowledge from external environment for their innovation. Companies try to transfer technological or knowledge asset to other firms through open innovation. The purpose of this research is to suggest the role of universities in University-Industry Collaborations besides research collaboration and we focus on the role of university to strengthen the regional business ecosystem network. For this research, we analyze a specific UIC(University Industry Collaboration) program called as "Business Clinic Day" which provides a consulting service for firms, especially, SMEs with a specific problem by a group of consultants including CEOs, professors, and heads of regional public or private service providers. Then we studied how the business network has changed after the program with network analysis. Also, we try to find out the main pattern of network structure extension of business ecosystem with interview. This study illustrates that changing types of network are formed between university and SMEs by clinic day. The result shows that not only new role as a network promoter, but also the partner as a technology-provider in the regional business ecosystem.

• Journal of the Korean association of regional geographers
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• v.12 no.6
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• pp.693-703
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• 2006

Keeping the balance between exploration of new possibilities and exploitation of existing certainties in organizational innovation is getting its significance as business environments become more turbulent This paper focused on the relationship between two different types of innovation and network configuration. For this purpose, we conducted the empirical studies of 168 IT SMEs located in Gyeongbuk. For this analysis, we defined two innovation types as exploratory innovation and exploitative innovation. Also, we considered network scope and strength of tie as network configuration. The results showed that the exploratory innovation had sparse network of network scope and weak tie of strength. On the contrary the exploitative innovation had dense network and strong tie.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.8 no.3
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• pp.77-84
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• 2013

In this paper, we focus the changing role of universities of University-Industry Collaboration (UIC) for enriching the regional business ecosystem network. For this research, we analyze 'Regional Innovation System(RIS)' - a specific UIC program- which provides a marketing service for firms, especially, SMEs with a specific problem by a group of consultants including CEOs, professors, and heads of regional public or private service providers. Then we have analyzed using network analysis how the business network was changed from RIS. Moreover, we will interview the participants in the important position of the network and investigate the reason for bringing a change in the network structure by using this program. This study illustrates that various types of network are formed between university and SMEs. Furthermore, the networks surrounding SMEs are extended to the other people connected to them. This means that the business network of SMEs had been diversified via the facilitation of university. This study throws new highlights on the new role for the university as a network promoter in addition to the partner as a technology-provider in the regional business ecosystem. Moreover, the network analysis between before-and-after can be used for the evaluation of the effectiveness of the various UIC programs.

• Journal of Korea Technology Innovation Society
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• v.14 no.spc
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• pp.1128-1151
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• 2011

With the rapid change in technology, it is important to create business opportunities from technology. Many leading companies have tried to improve their competence from capturing those opportunities, which is called TOD (Technology Opportunity Discovery) activities in this research, by identifying emerging technologies or assessing economic and market potential of technologies. Academics have also been interested in the TOD activities but most of the previous studies have focused on developing methodologies or guidelines for TOD. Little effort was given to understanding the current status of TOD activities, which is indispensible to develop effective methodologies for TOD. Therefore, this study aims to investigate the current states of TOD activities, particularly focusing on SMEs, which are the main actors of national innovation system. For the purpose of investigation, firstly, TOD process was defined, and then, based on the process, three main activities of TOD, which include identifying the motivation of TOD, collecting information for TOD, and analyzing the collected information activities for TOD, were examined using a survey method. Finally, the analysis results were used to understand the SMEs' needs and difficulties on TOD activities. Research findings are expected to provide useful information for the future studies on TOD and also can be used to develop a policy for SMEs.

• Journal of Technology Innovation
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• v.25 no.4
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• pp.107-143
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• 2017

This study aims to understand the impact of internal and external environments and innovation efforts on a company's performance. First, the relationships and patterns between variables were determined through an exploratory factor analysis. Afterwards, a cluster analysis was conducted, in which the influential factors summarized in the factor analysis were classified. Finally, structural equation modeling was used to carry out an empirical analysis of the structural relationship between innovation efforts and the company's performance in the classified clusters. 7 factors were derived from the exploratory factor analysis of 40 input variables from external and internal environments. 4 clusters (n=1,022) were formed based on the 7 factors. Empirical analysis of the 4 clusters using structural equation modelling showed the following: Only independent technology development had a positive impact on the company's performance for Cluster 1, which is characterized by sensitivity to a technological/competitive environment and innovativeness. Only independent technology development and joint research had positive impacts on the company's performance for Cluster 2, which is characterized by sensitivity to a market environment and internal orientation. Joint research and the mediating variable of government support program utilization had positive impacts, while the introduction of technology had a negative impact on the company's performance for Cluster 3, which is characterized by sensitivity to a competitive environment, innovativeness, and willingness to cooperate with the government and related institutions. Independent technology development as well as the mediating variables of network utilization and government support program utilization had positive impacts on the company's performance for Cluster 4, which is characterized by openness and external cooperation.

• Journal of Korea Technology Innovation Society
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• v.12 no.4
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• pp.687-714
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• 2009

In this paper, we study empirically the relations between financial constraints and dividend adjustment speed of innovative small and medium sized enterprises (SMEs) listed on Kosdaq Market of Korea Exchange. The main results of this study can be summarized as follows. Determinants suggested by the major theories of dividends, namely, residual dividend theory, dividend signaling theory, agency theory, catering theory, and transactions cost theory explain significantly the dividend payout policy of Kosdaq SMEs. Lintner's dividend adjustment model indicates that Kosdaq SMEs have long run target payout ratio, and that Kosdaq SMEs adjust partially the gap between actual and target payout ratio each year. In the core variables of Lintner (1956) dividend adjustment model, past DPS has more effect than current EPS. These results suggest that Kosdaq SMEs maintain stable dividend policy which maintain past DPS level without corporate special reasons. Dividend adjustment speed of innovative Kosdaq SMEs is more fast than that of uninnovative Kosdaq SMEs, and dividend adjustment speed of financial unconstrained innovative Kosdaq SMEs is faster than that of financial constrained innovative Kosdaq SMEs. Futhermore, dividend adjustment speed of innovative Kosdaq SMEs classified by Small and Medium Business Administration is faster than that of unclassified innovative Kosdaq SMEs. The former is linked with financial policies and services like credit guaranteed service, venture investment fund, insurance program, and so on. In conclusion, past DPS and current EPS suggested by the Lintner's dividend adjustment model explain mainly dividend adjustment speed, and financial constraints explain also partially. Therefore, if managers of innovative Kosdaq SMEs can properly understand of the effects of financial constraints on dividend smoothing, they can maintain constantly dividend policy. This is encouraging result for Korea government as it has implemented many policies to commit to innovative Kosdaq SMEs.

• Journal of Technology Innovation
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• v.20 no.1
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• pp.169-198
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• 2012

The rapidity at which industrial and business management environment has become globalized, including the FTA, has provided valuable opportunities for domestic small and medium enterprises (SMEs) to obtain global technological business. However, it is unclear whether or not the SMEs' attempt to advance global technological business is producing fruitful results. This study begins with defining global technological business and the efforts of SMEs to develop them and proceeds to discuss survey results that asked the reasoning behind SMEs that entered or wish to enter foreign spheres (China, Japan, Southeast Asia, and Europe) of businesses, and also perform factorial analysis to obtain substantiation. The study classified the relevant SMEs using clustering method. Based on the results, the study makes recommendations to executives in instilling global-minded strategies, on customized support strategies depending on the SME's capability and its intended foreign entry sphere, and on strengthening the SME's competence on the global scale.

• Proceedings of the Korea Society of Information Technology Applications Conference
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• 2002.11a
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• pp.236-245
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• 2002

e-business 시대가 도래하면서 기업의 경영환경 변화에 따라 신속하고 정확한 의사결정과 조직의 유연성 확보, 전략적 경영기능의 강화, 선진 기업의 프로세스 도입이 필수적인 요소로 대두되고 있다. 경영혁신을 하고자 하는 기업들은 모든 정보기술들을 전사적 입장에서 통합 관리하는 시스템의 도입을 필요로 하는데, ERP 시스템은 정보 기술 전략과 BPR을 통합할 수 있는 방법으로 ERP시스템이 업무프로세스의 표준화라는 사상을 바탕으로 전사적인 관점에서 비즈니스의 모든 영역을 최적화 할 수 있는 효율적인 해결책임을 의미한다. ERP는 Enterprise Resource Planning의 약자로서 '전사적 자원관리'라고 하며, 재무관리, 회계관리, 생산관리, 판매, 재고관리, 인사관리 등 전사적인 데이터를 일원화시켜 관리할 수 있고 또한 경영자원을 계획적이고 효율적으로 운용하여 생산성을 극대화하는 새로운 정보시스템이다. 국내에서도 많은 기업들이 ERP를 근간으로 하는 산업의 e-비즈니스화를 촉진하고 있다 본 논문에서는 우리나라 중소기업의 ERP도입 현황과 특징 그리고 도입의 필요성 등을 알아보고, ERP도입 성과와 성공적인 구축방안으로 산학연계의 방안을 제시한다.

• The Safety technology
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• no.175
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• pp.15-17
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• 2012

한 대의 자동차가 완성되기 위해서는 약 2~3만 개에 가까운 부품이 들어간다. 자동차의 심장인 엔진부분은 물론 자동차의 외형을 이루는 몸체, 각종 전기장치 등을 만들기 위해서 갖가지 부속품이 필요한 것이다. 이들 부품 가운데 특히 많이 쓰이는 것이 압축코일, 비틀림코일, 태엽 등의 각종 스프링이다. 이와 같은 스프링을 제작하는 기업은 많지만 그중에서도 (주)디지에쓰는 업계에서 명성이 자자하다. 지난 1974년 설립돼 현재 40여 명이 근무하고 있는 작은 회사이지만 기술연구소를 설치 운영하고 있을 정도로 연구개발에 힘써 온 결과 남부럽지 않은 기술력을 갖게 됐기 때문이다. 2010년에 중소기업청으로부터 기술혁신형 중소기업으로 선정된 것이 이를 입증하고 있다. 작지만 강한 기업이라는 수식어가 전혀 어색하지 않은 것이다. (주)디지에쓰가 명성을 얻고 있는 데에는 또 다른 이유가 있다. 바로 철저한 안전관리를 바탕으로 5년 연속 무재해를 이어가고 있기 때문이다. 우리나라의 산업재해 가운데 80% 이상이 50인 미만 소규모 사업장에서 발생하고 있다는 점에 비춰보면 이곳의 무재해 기록이 갖는 의미는 남다르다고 할 수 있다. 철저한 안전관리를 바탕으로 성장을 거듭하고 있는 (주)디지에쓰를 찾아가 봤다.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.33 no.10B
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• pp.946-961
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• 2008

This study aims to provide guidelines on future policy for restructuring the scheme of aid programs associated with If small and medium-sized enterprises (i.e. SME) in Korea. For this purpose, we investigate an empirical dataset of recent aid programs deployed by Ministry of Information and Communication (i.e. MIC) for the last four years First, it is examined that the programs are practiced in accordance with their own policy objective by comparing matching samples between two groups such as program beneficiary and non-beneficiary companies. Second, positioning transition of programs within a same category is visualized in terms of two business portfolio analysis matrices. Third, an affiliation network matrix of (he programs is newly developed and then we attempt to analyze the programs relationship by the application of multidimensional scaling method to the affiliation network matrix. The empirical dataset is composed of two different kinds of corporate datasets. One is a corporate dataset of 8,994 beneficiary companies that are aided by MIC during the year of '03-'06. The other is also a corporate dataset of 18,354 non-beneficiary companies that have no records of the program supports during the years at all. Particularly, the matching samples of non-beneficiary companies are prepared in order to have comparable corporate age years (i.e. CAY) against beneficiary companies' CAY. Results show that; 1) up-to-date, the programs are properly assigned to IT SME conforming to their own policy objective; 2) however, as the year goes on, the following two distinct positioning transitions are revealed such as (1) both CAY and corporate sales (i.e. SAL) are increased simultaneously, (2) ratio of intangible assets (i.e. RIA) is decreased and ratio of operating gain to revenue (i.e. ROR) is increased. Hence, the role of the programs gets weakened with regard to providing seed money to technology innovation-typed IT SME so that a managerial adjustment of the programs is required consequently; 3) even though the model adequacy is not satisfactory through the analysis of multidimensional scaling method, the relationship of indirect-typed programs can relatively be stronger than that of direct-typed programs.