• Journal of the Korea Institute of Information and Communication Engineering
• /
• v.23 no.6
• /
• pp.690-696
• /
• 2019

New companies expecting market penetration by adopting technology commercialization process could face high uncertainty and constraints. In particular, ICT-based firms that enter competitive markets must deal with more complex situations. Although in-depth research has been done to solve the problem, there is still a lack of understanding of how startups' technology commercialization process is successful. To discuss the issue, this paper presents the technology commercialization model and determinants.(policy, finance, work team, organizational culture, overcoming the difficulties etc.) the suitability of the framework. From this analysis it emerged that the sustainability of organizational capabilities is as important as the adherence to the technology commercialization process for companies. As the organizational capacity has decreased, the driving force for technology commercialization has weakened. Therefore, the technology commercialization process does not guarantee the success of the market entry but is understood as a means of market access. If the organizational capacity is not strengthened, there is no successful technology commercialization process.

• Korean small business review
• /
• v.40 no.3
• /
• pp.1-24
• /
• 2018

The purpose of this study is verifying with corporate financial data that the required investment amount flow shows a similar pattern as times passed, in new product development by start-up company. In the previous paper, the same authors proposed the required investment amount flow as a 'New Product Investment Curve (NPIC)'. In this study, we have studied further in various types of companies. The samples used are accounting data of 462 companies selected from 5,873 Korean companies which were finished external audit in 2015. The results of this study are as follows; The average investment period was 3 years for the listed companies, while 6 years for the unlisted companies. The investment payback period was 6 years for listed companies, while 17 years for unlisted companies. The investment payback period of the company supported by big affiliate company (We call 'greenhouse company') was 14~15 years, while 17 years for real venture companies. When we divide all companies into 4 groups in terms of R&D cost and variable cost ratio, NPIC explanatory power of 'high R&D and high variable cost ratio group (Automobile Assembly Business) is best. Among the eight investment cost indexes proposed to estimate the investment amount, the 'cash 1' (operating cash flow+fixed asset excluding land & building+intangible asset, deferred asset change)/year-end total assets) turned out to be the most effective index to estimate the investment flow patterns. The conclusion is that NPIC explanatory power is somewhat reduced when we estimate all companies together. However, if we estimate the sample companies by characteristics such as listed, unlisted, greenhouse, and venture company, the proposed NPIC was verified to be effective by showing the required investment amount pattern.

• Journal of Industrial Convergence
• /
• v.20 no.9
• /
• pp.11-24
• /
• 2022

The average age of CEOs of the small and medium-sized enterprises(SMEs) in Korea is 58.8, and discussions are actively underway regarding the support towards the succession companies. Government authorities are also operating a system to support the succession companies, and recently global support is also being demanded. In order to have justification over the support for succession companies, the fact that it greatly contributes to the revitalization of the national economy and the regional economy must be acknowledged in advance. This study analyzed the degree of corporate succession revitalization of the national and regional economy through statistical and empirical analysis. With the purpose to secure the reliability of the analysis, the study has referred to the database of the "Integrated Management System for Small Business Recruitment Project" and the Korea Enterprise Data (KED), which can be the most differentiated aspect compared to the existing research of the past. According to the analysis, it shows that the old companies' performance is significantly higher than the general companies in terms of sales, number of employees, assets, and operating profits⋯etc. The management performance of the old companies (which lasted over 30 years) more than doubles the performance of the start-ups (with less than 10 years of experience) in sales, triples the number of employees, doubles the assets, and more than doubles the operating profit. Thus, it is seen that the contribution to the overall economy is significant. Additionally, as a result of the empirical analysis of the relationship between the regional old companies and the regional economic revitalization, the non-metropolitan area shows better performance than the metropolitan area in terms of the number of employees, assets, borrowings, and rent, which entails policy implications of the polarization between the metropolitan and non-metropolitan areas. In other words, it is found that old companies make a significant contribution to revitalizing the local economy, suggesting that further policies regarding corporate succession are required to support the old companies in the future.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.21 no.2
• /
• pp.565-577
• /
• 2020

This study empirically examined how a firm size affects the determinants of innovative activities using the data of the Korean Innovation Survey (KIS) 2016. With data from 2,003 firms in the manufacturing sector, we performed logistic regression analysis and zero-inflated negative binomial regression analysis. R&D expenditure and patent applications were used as proxies for innovative activity. The independent variables included the firm's characteristics variables such as the firm's age, tech-level industry, RDemp (R&D employee ratio), venture, export, and industrial characteristics variables such as networking, appropriability, and spillovers. The empirical findings are that there are some differences in firms' innovative activity determinants among the firms' size groups. Next, strategic appropriability has negative impacts on small firms' R&D expenditure and medium-firms' patents. Networking is an important determinant of innovative activity for all firms, except for large firms. Furthermore, in deciding R&D activities, small and medium-sized firms were significantly influenced by industrial characteristics as compared to that of large firms. Our findings suggest some R&D promotion policies. Policies fostering firms' technological interaction would allow firms to take advantage of technological spillovers and thus raise the probability of investing in R&D.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
• /
• 2003.05a
• /
• pp.450-454
• /
• 2003

Most small and medium IT enterprises have problems because of the lack of resources, Technology, fund, marketing, advertisement etc. Globalization and Internationalization make the small and medium IT ventures to advance into the overseas market. In korea, Small and medium size IT company have a excellent technology and good potential for the future value. but they have small domestic market and critical competitiveness. So, this paper analysis, reviewed and suggestions to Internationalization.

• 정보화사회
• /
• s.103
• /
• pp.62-63
• /
• 1996

제일씨앤씨라는 회사에 대해 최근 신문 등의 매체에 자주 오르내리는 까닭에 SI업계에 종사하는 분들은 한 번쯤 들어보았을 것이다. 사실이 회사는 설립된 지 1년밖에 안된 신생 SI기업이지만 제일제당그룹과 관련이 있다든지, SI업계의 새로운 다크호스라든지, 유통VAN사업에 진출했다든지 하는 내용으로 최근 지면상에 자주 오르내리고 있어, 협회 회원사 여러분들에게 제일씨앤씨에 대한 자세한 소개를 하고자 한다.

• Journal of the Economic Geographical Society of Korea
• /
• v.25 no.1
• /
• pp.1-22
• /
• 2022

The purpose of this study is to analyze key concepts of Entrepreneurial Ecosystems and to suggest implications for economic geographical studies. The definition and concept of entrepreneurship as well as changes of its research trends were examined. By combining entrepreneurship and geography, Entrepreneurial Ecosystems, which have recently emerged as important concepts and theories, were examined with the focus on the key concepts such as 'actors and factors', 'productive' and 'territory'. It is important that the individual, organizational and institutional components such as entrepreneurs, start-ups, existing companies, institutions and cultural elements are interconnected to build communities through 'entrepreneurial recycling'. Entrepreneurial Ecosystems support to create innovative high-growth start-ups based on entrepreneurial culture in the local region. Despite conceptual limitations, theoretical and empirical analyses should be conducted from economic geographical perspectives in order to reveal the geographical and spatial processes of productive entrepreneurship and to suggest policy implications for region-based start-up ecosystems.

• Korean small business review
• /
• v.42 no.3
• /
• pp.123-144
• /
• 2020

This study attempt to use secondary data from KIS-Value to understand how rapid globalization strategy affects BGF's performance defined five categories such as sales volume, return on investment, net profit per employee, increase in sales, and increase in net profit per employee. In particular, this research defines the BGF based on the export ratio within five years after the establishment and classifies BGF into three levels according to 25%, 50%, and 75% concentration of exports. The main results of this study were first, the rapid internationalization strategy was proven to have a sales effect in the short and long term, and in particular, the short term effect was more significantly compared to the long term effect. However, the impact on the return on investment(ROI) of BGF was found that the more stringent the BGF level, the more short-term effect on ROI, but the longer-term effect was diluted according to time. Third, the sales growth rate is significant in the short-term depending on the BGF level, but do not have long-term effects same as ROI. On the other hand, the growth rate of net profit has shown that the BGF strategy has a negative (-) effect over the long term. In particular, the higher the BGF level, the greater the negative impact on the increase in net profit.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.11 no.2
• /
• pp.207-219
• /
• 2016

Venture company refers to technology-intensive start-ups which is characterized by high high returns and risks to challenge new business to have new ideas and technology. These venture companies, ripple effect on the competitiveness of the national industry is large, and has emerged as a new industry that is able to overcome the difficulties of low growth, as an important element in regional development strategy, urban economy of not only activation, with a large impact on the regeneration and revitalization of the city that has lagged behind, has been recognized its importance. In this study, by investigating the influence of the Anyang city development strategy based on the location factor of venture companies for the activation of Anyang City urban development in satisfaction as an intermediary, empirically location of venture companies factor is trying to analyze the effect of parameters of Anyang city development strategy in relation to the satisfaction. Analysis method is to distribute the questionnaire were analyzed using the SPSS statistical program, the results are as follows. Location factors of venture companies, government support, transportation accessibility, venture integrated factors, it appears as four factors factors of support facilities, the analysis result venture firm location factors found to affect positive satisfied (+) It was. Secondly, in order to verify the parameter effects the result Anyang urban development strategy of using three steps regression analysis, as there is influence of the positive (+) mediated effect was investigated. These results, in order to increase the satisfaction of Anyang City, is not only the physical environmental elements, it is necessary to make the urban development strategies.

• The Safety technology
• /
• no.177
• /
• pp.15-17
• /
• 2012

보기좋은 떡이 맛도 좋다는 말이 있듯이 잘 포장된 제품은 그렇지 않은 제품보다 더 인기가 있는 것이 사실이다. 이런 관점에서 보면 포장은 단순히 내용물의 외형을 그럴듯하게 꾸미는 것으로 생각하기 쉽다. 하지만 사실 포장은 그 제품에 대한 이미지를 높이는 것은 물론 품질유지, 안정성 확보 등을 통해 해당 제품이 소비자들의 손에 무사히 전달될 수 있게 만드는 중요한 일이다. 특히 철강제품에서 포장은 더욱 각별한 의미를 지닌다. 그 제품이 냉연제품이라면 더욱 그렇다. 제품의 품질을 유지하기 위해 방청, 방수, 미적 등의 기술이 모두 동원돼야 하기 때문이다. (주)누벨피엔에스가 업계에서 유명세를 떨치고 있는 이유가 바로 여기에 있다. (주)누벨피엔에스는 창립 이래로 꾸준히 포장 공정 개선 및 포장자재 개발 등에 매진한 결과 철이 가진 특성과 단점을 최대한으로 고려한 철강포장기술을 보유하고 있다. 이로 인해 2005년 설립된 신생기업이지만 지난해까지 모두 5번이나 현대하이스코(주) 당진공장의 최우수 협력업체로 선정될 만큼 위상을 떨치고 있다. 이처럼 (주)누벨피엔에스가 눈부시게 성장할 수 있었던 바탕에는 안전이 자리 잡고 있다. 제품을 안전하게 포장하는 공정이 이뤄지는 회사에서 '안전'은 그 무엇보다 중요하기 때문이다. 안전을 최우선 가치로 삼아 비약적인 발전을 하고 있는 (주)누벨피엔에스를 찾아가 봤다.