• Title/Summary/Keyword: 내부 R&D

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The Role of Internal R&D and R&D Cooperation in Technological Innovation (기술혁신성과에 있어서 R&D협력과 내부R&D투자의 역할에 관한 연구)

  • Choi, Eun Young;Park, Jungsoo
    • Journal of Technology Innovation
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    • v.23 no.1
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    • pp.61-86
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    • 2015
  • This study provides an empirical analysis based on 2012 Korea Innovation Survey (STEPI) to investigate the relation between R&D cooperation and in-house R&D investment. The study further analyzes the effect of the R&D cooperation and in-house R&D investment on technical innovation. First, the relation between company's in-house R&D investment and R&D cooperations is estimated with the two equations using SUR models. Second, the effect of in-house R&D investment and R&D cooperation on the company's technical innovation is estimated using Probit model. This study differs from other existing R&D studies using Korean data in that empirical models are based on structural relationships among in-house R&D, R&D cooperation, and technical innovation. The results can be summarized as follows; the R&D cooperation expands the in-house R&D investment and the in-house R&D strengthen the R&D cooperation. Furthermore, In-house R&D investment increases the chances of success in innovation. As we obtain evidence of complementary relation between R&D cooperation and in-house R&D investment, it is necessary to develop environment conducive to this complementarity in order to have more efficient R&D system.

The Effects of Internal Financing on R&D Investment of Innovative Kosdaq Enterprises (혁신형 코스닥기업의 내부자금조달이 R&D 투자에 미치는 영향)

  • Shin, Min-Shik;Shin, Chan-Shik;Kim, Byung-Soo;Kim, Ji-Young
    • Journal of Korea Technology Innovation Society
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    • v.12 no.2
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    • pp.360-387
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    • 2009
  • In this paper, we analyse empirically the effects of internal financing on investment of innovative small and medium sized enterprises listed on Kosdaq Market of Korea Exchange. The main results of this study can be summarized as follows. Free cash flows by proxy variables of internal financing have the significant effects on R&D investment as well as fixed asset investment. Internal financing has much more effects on R&D investment of general enterprises listed on Kosdaq Market than that of venture enterprises listed on Kosdaq Market, and on R&D investment of innovative enterprises than that of non-innovative enterprises. Internal financing has more effects on asset-counted R&D investment than cost-counted R&D investment. Asset-counted R&D investment is counted in intangible assets on Balance Sheet, and cost-counted R&D investment is counted in cost on Income Statement. Internal financing has more effects on R&D investment of financial constrained enterprises than that of financial unconstrained enterprises. Financial constraints is measured by credit ratings. Faulkender and Smith (2007) emphasize that low credit ratings enterprises are more likely to face financial constraints, and they rely largely on internal financing.

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An Empirical Study on R&D Effectiveness of IT SMEs (IT중소기업의 R&D시스템 효과성에 관한 실증연구 : 대구경북지역을 중심으로)

  • Shin, Jin-Kyo;Hwang, Su-Jung
    • Management & Information Systems Review
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    • v.28 no.4
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    • pp.109-129
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    • 2009
  • This study aims at investigating the effectiveness of SME's R&D system empirically. Specifically, this study analyze the relationships among R&D inputs(R&D investment, R&D human resource management), process(R&D planning, external network, internal cooperation), and output(technological innovation). A questionnaire was developed to measure the above variables. To test these relations, data were collected from the small and medium-sized IT firms located in Daegu-Kyungbuk region. The survey data of 154 firms were integrated as the empirical base for testing the relations. Most respondents were from the managers. Structural equation modeling analyses were used to examine the relations. Major results are as follows: Firstly, R&D HRM was positively and significantly influenced on the R&D planning. Secondly, R&D planning was positively and significantly affected on the external network, internal cooperation, and technological innovation. Thirdly, the both relations between R&D investment and R&D planning, and external network and technological innovation were not significant statistically. These results suggest the following implications. First, R&D human resource management is very important for IT SMEs. Secondly, internal cooperation mediates R&D inputs and technological innovation by approaching the other department's unique resources and by sharing the cost of new resource development. Several future researches need to overcome the limitations of this research. First, this study's sample was based on the small and medium-sized IT firms just located in Daegu-Kyungbuk region. This limitation may imply that empirical results can not represent overall small and medium-sized firm's situations. Therefore, future research needs to include different samples. Secondly, this study depends on the latitudinal study.

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Effect of internal and external capabilities and activities of a company on absorptive capacity and performance (기업의 내부 및 외부역량과 활동이 흡수역량과 성과에 미치는 영향)

  • Kim, Young-Ki;Park, Seong-Taek
    • Journal of Convergence for Information Technology
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    • v.11 no.11
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    • pp.125-136
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    • 2021
  • Innovation is essential for the survival of a company in the fierce competitive environment of the global era of borders along with rapid technological development and changes from the environment. It is very important to secure your own competitive advantage. In this study, the relationship between internal R&D capability and organizational support as a company internal factor and external R&D capability, external knowledge search, and absorptive capability as a company external factor on performance was examined. As a result of the analysis, it was found that internal R&D capability, organizational support, and external knowledge search had a significant effect on absorptive capability, and innovation performance had a positive effect on new product performance. However, the mediating effect of absorptive capacity has not been verified, suggesting that absorptive capacity has a low correlation between innovation performance and new product performance, or that other important factors act between absorptive capacity and performance variables. The results of this study are expected to be utilized as useful guidelines when establishing R&D strategies in companies.

The Effect of Centralities of Alliance Network on Innovation Performace in Korean Defense Industry (한국 방위산업 제휴네트워크 중심성이 혁신성과에 미치는 영향)

  • Ahn, Hoil;Kim, Changone;Lee, Heesang
    • Journal of Korea Technology Innovation Society
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    • v.18 no.2
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    • pp.292-317
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    • 2015
  • As modern science and technology and warfare become to be advanced and precise, the weapon systems becomes more complex based on state-of-the-art technology. Therefore, firms in the defense industry continue to accelerate research and development for up-to-date weapon systems with high complexity which urge the firms to collaborate with the external organizations to obtain the knowledge required and eventually to reduce costs and risk. This study tries an empirical study about the effect of collaboration on the innovation performances from the network analysis perspective. By surveying collaboration relationships among 530 firms in the Korean defense industry, we analyzed the alliance network of the defense industry. Network centrality including degree, closeness, and betweenness centralities is investigated and then the relationship among the network centrality property, internal R&D capabilities and innovation is analysed. The results show that firms with high internal R&D capabilities place the firm at center of the network. On the other hand, except for the firms with highly connected centrality, no relationship was found between the internal R&D capabilities and its performance and in turn. these capabilities had both direct and indirect effects on innovation performances through mediated collaboration among firms. This study implied that Korean firms with a high internal R&D capabilities in the defense industry which utilize knowledge, information and resources within the network more frequently show more innovative performance. This result claims the policy makers to participate more firms in fostering open innovation for the defense industry.

Analysis of Unsteady Combustion Performance in Solid Rocket Motor with Pintle (핀틀을 장착한 고체추진기관의 비정상 연소 성능 분석)

  • Ki, Taeseok;Ha, Dongsung;Jin, Jungkun;Lee, Hosung;Yoon, Hyungull
    • Journal of the Korean Society of Propulsion Engineers
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    • v.19 no.1
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    • pp.68-75
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    • 2015
  • In this paper, unsteady characteristics of pressure in solid rocket motor were analyzed by using response of pintle actuation, pressure and thrust data from ground test. Pressure and thrust in solid rocket motor can be controlled in real time by varying nozzle throat area with pintle, installed in the valve. Unsteady characteristics of pressure can be observed in this system occurred by various reasons. Two critical reasons, error of pintle actuation and ablation of center tube, are found and effects of each reason can be analyzed individually by re-prediction of pressure with response of pintle actuation and analyzing thrust to pressure ratio.

Effect of Cash flow on the R&D investment of Pharmaceutical Companies - focused on KOSDAQ market (제약회사의 현금흐름이 연구개발투자에 미치는 영향 -코스닥시장을 중심으로)

  • Lee, Munjae;Choi, Mankyu
    • The Journal of the Korea Contents Association
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    • v.15 no.8
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    • pp.473-480
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    • 2015
  • The purpose of this study is to analyze the influence of the cash flow of pharmaceutical companies on R&D investment. 143 pharmaceutical companies listed in the KOSDAQ market from 2009 to 2013. Financial statements and comments in general and internal transactions were extracted from TS-2000 of the Korea Listed Company Association (KLCA), and data related to stock price was extracted from KISVALUE-III of NICE Information Service Co., Ltd. STATA 12.0 was used as the statistical package for panel analysis. The summary of the findings and the interpretation of the significance of this are as follows: First, the current ratio (internal finance) had a positive influence on R&D investment. Second, the debt ratio (external finance) had a negative influence on R&D investment. The pharmaceutical company prefers internal funds to external funds due to the asymmetry of information in the loan markets. In other words, this shows why internal finances have a significant influence on R&D investment at pharmaceutical companies.

Development of Dissolved Gas Analysis/Diagnosis System with Transformer Fault Test Chamber (I) (변압기 내부 결함 모의시험장치를 통한 유중가스 분석/진단 시스템 개발(I))

  • Kim, Sung-Jik;Seo, Hwang-Dong;Kim, Young-Min;Jung, Jae-Ryong;Yang, Hang-Jun
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.1554-1555
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    • 2011
  • 안정적인 전력공급을 위해 전력설비 진단이 중요시 되고 있고 이를 위해 변전기기인 변압기의 초기고장 검출을 통한 예방진단 기술을 필요로 하고 있다. 변압기 예방진단 기술 중에서도 유중가스진단은 가장 오래되고 신뢰성이 입증된 기술이다. 기존의 유중가스진단법들은 가스비분석법을 이용하고 있는데 대상 가스들이 절연유에의 열화에 의해 발생하는 가스들이고 주위 운전환경에 대한 고려가 부족하여 진단이 불가능하거나 진단오류가 발생한다. 본 연구에서는 절연유뿐만 아니라 고체절연물에 대한 열화를 고려하기 위하여 변압기 내부 결함 모의 시험 쳄버를 제작하고 시험 결과를 바탕으로 진단 알고리즘을 개발하고자 한다.

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Real-time Reefer Container Monitoring System based on IoT (IoT 기반 실시간 냉장컨테이너 상태 모니터링 시스템)

  • Moon, Young-Sik;Jung, Jun-Woo;Choi, Sung-Pill;Kim, Tae-Hoon;Lee, Byung-Ha;Kim, Jae-Joong;Choi, Hyung-Lim
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.19 no.3
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    • pp.629-635
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    • 2015
  • In this paper, we propose the reefer container monitoring system that not only monitors internal temperature, humidity of reefer container but also tracks the real-time location using GPS. It consists of a tag of information of situation using 433MHz RF transmitter(communication), GPS to track the real-time location and a device using WCDMA/GSM communication to transmit information to the server. We tested by applying the proposed system in reefer containers with yellow melons, melons transported from Korea to Singapore to track the location and check the temperature and the humidity. The result of this test is that there is a temperature difference around 1.7 degree depending on the position of inside of container and maintains the humidity stably about 97%. If we apply this proposed system to agricultural marketing, it is possible to get the time that fruits start to decay and minimize the loss of fruits by decaying during shipping.