• Title/Summary/Keyword: Commercialization of technology

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The Effect of Commercialization Activities by using Basic Science and Technology on Technology and Business Performance of Enterprise : Case study on Mediating Effect of Technology Performance (기초·원천기술의 사업화 활동이 기업의 기술성과 및 경영성과에 미치는 영향 : 기술성과의 매개효과를 중심으로)

  • Jeong, Myoung-Sun
    • Journal of Digital Convergence
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    • v.15 no.3
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    • pp.129-138
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    • 2017
  • This study intends to analyze the impact of technology commercialization activities in the area of basic research on the technology utilization performances and the corporate business performances. The technology commercialization activities are divided into the experiences of promoting technology commercialization, the department dedicated to technology commercialization, and the technology commercialization consulting. Additionally, this study has used the tracked information of the companies that adopted the basic research-related technologies. Therefore, we conducted the analysis on the mediating effects under the assumption that it can be extended to the business performance of companies in addition to technology utilization performance. To do this, we developed the empirical model through previous studies and developed various research models by subdividing the types of technology commercialization. As the result, it was analyzed that all the variables of activities involved in the technology commercialization utilizing basic research results had positive effects on the technology utilization performance and business performances, and there were also mediating effects on the technology-related performance.

A Study on the Effects of SEMs R&D Capabilities and Resource Allocation Capabilities on Product Performance (중소제조기업의 연구개발역량과 자원배분역량이 제품성과에 미치는 영향)

  • Jong-Seo Jung;Young-Wook Seo
    • Industry Promotion Research
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    • v.8 no.1
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    • pp.69-82
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    • 2023
  • This study verified the effect of R&D capabilities and resource allocation capabilities on technology commercialization capabilities and the effect of technology commercialization capabilities on product performance. The effect of technology commercialization capability was verified by using commercialization speed, market scope, and technology breadth as variables. A survey was conducted for employees of SMEs companies, and the model and hypotheses of the study were verified using SPSS 25 and Smart PLS 3.0. It was confirmed that R&D capabilities and resource allocation capabilities had a significant effect on technology commercialization capabilities, and technology commercialization capabilities had a significant effect on the company's product performance. Through the results of this study, strengthening a company's R&D capabilities and resource distribution capabilities from a resource-based perspective expands technology commercialization capabilities such as commercialization speed, market scope, and technology breadth, and strengthening technology commercialization capabilities affects product performance of a company. It is meaningful in providing implications for the commercialization performance of companies by revealing the impact.

A Study on the Factors that Affect the Negotiation of Technology Trading for Promotion of Technology Transfer Commercialization

  • Kim, Wanki
    • Journal of Distribution Science
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    • v.12 no.1
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    • pp.35-46
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    • 2014
  • Purpose - This Study aims to promote technology transfer commercialization and ultimately make contribution towards enhancement of the success rate of commercialization of technology transfer at national level by deducing the factors that impart influence on the negotiation at the time of technology trading between the seller and buyer of technology of public research institutions subjected to transfer and sales. Research design, data and methodology - This Study deduced 5 research hypotheses through preceding researches related to technology transfer commercialization related technology marketing for technology trading negotiation. This Study was conducted by verifying the hypotheses through multiple regression analysis. Results - As the result of the Study, the research hypothesis H1, 'Promotion of commercialization of technology transfer trading will be affected in accordance with the innate characteristic factors of the technology', and H5, 'Promotion of commercialization of technology transfer trading will be affected in accordance with the mutual factors of the parties of the technology trading', among the 5 research hypotheses were chosen. Conclusions - It was found that the technology seller must be able to demonstrate technological value of the technology being sold in order to successfully conclude technology transfer trading negotiation and mutual understanding and harmonious communication between the parties.

A Study on Success Factors for Technology Commercialization in IT Industry (IT업계의 기술상용화 주요 요인에 관한 연구)

  • Sung, Taekyung
    • Journal of Service Research and Studies
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    • v.7 no.2
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    • pp.91-105
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    • 2017
  • The purposes of this paper is to identify CSFs for technology commercialization in IT industry, and to empirically investigate the impact of CSFs on the success of technology commercialization. Comprehensive literature study identifies eleven factors affecting the process and results of technology transfer and the research results show that 'Incentives for Commercialization,' 'Leadership Support,' 'Government Support,' 'Cooperation among Parties,' and 'Understanding of Business' are the most influential factors. Regression analyses show that CSFs in total have very significant explanatory power in the success of technology commercialization. 'Incentives for Commercialization,' 'Cooperation among Parties, 'Demand-Pull Technology', and 'Commercialization Experience' are statistically significant in explaining the success of commercialization. Successful commercialization projects show higher explanatory power (46.80%) than failure projects (38.50%).

The Characteristics of commercialization process in government-sponsored information technology: Korean Case (정보통신 국책개발 기술의 상용화과정 특성에 관한 연구)

  • 이영덕
    • Journal of Korea Technology Innovation Society
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    • v.5 no.1
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    • pp.26-43
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    • 2002
  • Korean government has been putting efforts to promote development of technologies by government sponsored labs and to transfer, diffuse, and commercialize these technologies in private sector since mid 1980s. In spite of these efforts, utilization of government-sponsored technology remains in the very low level. According to the survey conducted by Korea Intellectual and Patent Office (1999), the ratio of unused industrial property rights including patents was above 70% of total industrial property rights. Survey on the information and telecommunication industry done by the Institute of Information Technology Assessment (IITA) in 1999 shows that the utilization ratio of government-sponsored technologies is about 55.8%. This is especially true where government is not the primary or end-user of technologies. The purposes of this paper are to (1) identify a process model of technology commercialization, (2) develop the related variables of each step in the six-step continuous process model of government-sponsored technology commercialization, (3) empirically investigate the data gathered through questionnaire survey, and (4) suggest policy alternatives for promoting technology commercialization in Information and Telecommunication industries.

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Alternative of Establishing an Effective Engineering-Based Technology Commercialization Education System (공학기반의 효과적인 기술사업화 교육시스템 구축 방안)

  • Yang, Young-Seok;Choi, Jong-In
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.7
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    • pp.1711-1717
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    • 2009
  • Under the big rush of technology commercialization education in engineering school, this paper is prepared to craft a model of Engineering-based Technology Commercialization Education. First, this paper diagnose main issues relating to technology commercialization education in engineering school pegging by literature review. Second, this paper define an effective technology commercialization education system for engineering school. Third, this paper carries comparing study between an effective technology commercialization education system and technology commercialization education system currently introducing in Korea.

Determinants of Technology Transfer and Commercialization in National Research and Development: Focusing on Korea Railroad Research Projects

  • Baek, Seunghee;Hwang, Sungup;Park, Young Il
    • Asian Journal of Innovation and Policy
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    • v.7 no.3
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    • pp.438-456
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    • 2018
  • This study aims to understand the importance of commercialization of research and development projects and examines key factors that allow successful technology transfer and commercialization. Given the characteristics of the railway research project, and assuming that R&D input factors would vary depending on the technology readiness level and the degree of research convergence, this study analyzes the moderating effect of each R&D input factor on technology transfer and commercialization to determine their eventual impact. Through this study, it was found that it was necessary to proceed to technology transfer and commercialization of the national research and development projects via strategic workforce composition and allocation of research funding given the subjects and development goals of R&D projects.

Effect of Small and Medium-sized Enterprises' Technological Competitiveness and Technology Marketing on Commercialization Performance (중소기업의 기술경쟁력과 기술마케팅이 사업화성과에 미치는 영향)

  • Kang, Man-Young;Jeon, In-Oh
    • Journal of Digital Convergence
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    • v.11 no.12
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    • pp.213-227
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    • 2013
  • The purpose of this paper is to study the effects of SMEs' technological competitiveness and technology marketing on commercialization performance. For this, we conducted a survey targeting 204 people who are in charge of new product or technology development in SMEs which possess corporate R&D center authorized by the government on technological competitiveness, technology marketing and commercialization performance. The paper studied the effects of technological competitiveness on technology marketing and commercialization performance, technology marketing on commercialization performance. Empirical analysis shows follow results. First, technological competitiveness which includes technology innovation capability, technology commercialization capability and R&D intensity (investment on R&D personnel) have a positive effect on technology marketing. Second, technology commercialization capability have a positive effect on commercialization sales performance & commercialization non-sales performance, R&D intensity (investment on R&D physical) have a positive effect on commercialization non-sales performance. Third, high core technology and enabling technology on technology marketing result in better commercialization performance. As a result, technology-centered SMEs need to make continuous efforts to elevate technological competitiveness factors such as technology innovation capability, technology commercialization capability and R&D intensity.

The Analysis of System Thinking on the Commercialization of Public R&D Research Institute (공공 R&D 기관의 기술 상용화 과정에 관한 시스템 사고 분석)

  • Kim, Soon-Sun;Kim, Dong-Hwan
    • Korean System Dynamics Review
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    • v.8 no.2
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    • pp.191-207
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    • 2007
  • Nowadays almost nations try to promote the competition of nation through the development of national science technology. Also Korea has been engaging in this race of through public research&development institute. But recently the commercialization of R&D products appears a poor result in the royalty of technology according weak technology transfer toward IT small and medium-sized enterprises. Even If we have been trying to find the problems and causes, as yet it is true that we don't solve clearly the problem, make a diagnosis about it. This paper analyzes the process of commercialization in public R&D research institute(ETRI: Electronics and Telecommunications Research Institute) through system thinking and researches an interrelationship among government agency, public R&D research institute, and enterprise. This one can find the fact that between research fund and R&D products, transfer technology and royalty, and enterprise's operating profit and active technology transfer like adding technology development is a positive feedback loop. This positive feedback loop in the commercialization of public R&D research institute carries out very important role in examining problems in R&D product's commercialization. Also this paper looks forward to being a guide in the commercialization of public R&D research institute.

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A Study on Commercialization Performance by the Level of Technology Management Activity and Technology Innovation Competency: Focused on Government Funded R&D Project for Start-up SMEs (기술경영활동수준, 기술혁신역량이 사업화성과에 미치는 영향에 관한 연구: 중소기업 창업성장기술개발지원사업을 중심으로)

  • Cho, Ki-Young;Baek, Nak-Ki;Chang, Youngsoon
    • Journal of the Korea Safety Management & Science
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    • v.17 no.4
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    • pp.343-352
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    • 2015
  • This study analyzes the business performance of research and development(R&D) and especially studies the effect of technology management activity and technology innovation competency on commercialization performance. According to previous studies, the technology management activity can be composed of technological innovativeness, analysis of market, R&D method, and appropriateness for commercialization plan. Also, the technology innovation can be divided into patent, R&D manpower, R&D investment ratio, production capability, and marketing capability. On the result of the analysis, all the components of technology management activity are positively related with commercialization performance. In case of technology innovation competency, however, only production and marketing capabilities have influence on the business performance. Especially, marketing capability controls the effect of technology management activities on the commercialization performance. Consequently, technology management is very important activity for SMEs to succeed commercialization and SMEs should collaborate with production and marketing departments from the early stage of R&D.