• Title/Summary/Keyword: Commercialization of technology

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A Study on the Improvement of R&D commercialization policy system for Railroad Transportation (철도교통 분야 정책·제도적 R&D 실용화 촉진 방안 연구)

  • Kim, Dong-Hee;Rhu, Jae-Kyun;Yang, Keun-Yul
    • Journal of the Korea Safety Management & Science
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    • v.17 no.3
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    • pp.289-296
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    • 2015
  • Recently, the Korean government has been making efforts to achieve 'creative economy' based on science and technology. As part of these efforts, it has been promoted specific policies for innovation and performance enhancement of national R&D projects. They contains commercialization of research outcomes, technology transfer, technology based startup and support small and medium-sized businesses. The railroad transportation industry is a representative in the field of SOC and has own characteristics different from other industry areas. Especially, industry and market of railroad transportation are directly related to planning and implementation of government SOC policies. So in order to promoting commercialization of railroad transportation projects, it is very important to ensure consistency between government policies and R&D projects. In this paper, we investigate barriers of successful commercialization with typical researchers in the area of railroad transportation, and suggest problems and improvements of policy-based commercialization by giving specific examples.

Convergence Held technology commercialization Effects on Performance (융복합 보유기술이 사업화성과에 미치는 영향)

  • Jeon, In-Oh
    • Journal of Digital Convergence
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    • v.13 no.8
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    • pp.101-112
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    • 2015
  • The company's technical reserves in accordance with the internal skills and external technology commercialization capacity and to analyze the impact on the performance of technology commercialization and financial performance of the company. External technology funding, internal and external technologies marketing, internal and external technologies production, outside of the external Technology Commercialization technique was investigated to affect the financial performance. Financing, marketing capability, and the production base is completely mediated effect acting from within the technology business technical achievement, but funding and the regulation of full-mediated effects on the financial performance in the external action, technical marketing skills and capacity of external technology in part mediated effect was investigated by the effect on financial performance.

R&D Project Selection Methodology for Green Technology : Focused on Developing Country-Oriented Technology Commercialization (녹색기술 유망 R&D 과제 선정 방법론 : 개도국향 기술사업화를 중심으로)

  • Park, Chulho;Han, Joon;Ku, Jisun;Lee, Sanghoon;Lee, Hakyeon
    • Journal of Korean Institute of Industrial Engineers
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    • v.43 no.1
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    • pp.49-61
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    • 2017
  • This paper proposes an R&D project selection methodology for green technology centered on developing country-oriented technology commercialization. Eight selection criteria are derived from the R&BD logic model : technology needs of developing countries, effectiveness of green technology, technological potentials, domestic technological capability, commercialization feasibility, economic benefits, business feasibility, and spillover effects of developing countries. 21 qualitative and quantitative indicators are then defined for each criterion. The analytic hierarchy process is conducted to produce relative importance of evaluation indicators and to set final priority scores of R&D project candidates. The working of the proposed methodology is provided with the help of a case study example of Green Technology Center. The proposed methodology is expected to be effectively utilized for policy practices of R&D project selection in the field of green technology.

CO2 Absorption Characteristics of Physical Solvent at High Pressure (고압에서 물리흡수제의 이산화탄소 흡수 특성 연구)

  • Eom, Yongseok;Kim, Eunae;Kim, Junhan;Chun, Sungnam;Lee, Jungbin
    • Transactions of the Korean hydrogen and new energy society
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    • v.24 no.4
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    • pp.334-339
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    • 2013
  • In this study, as a candidate of the carbon dioxide ($CO_2$) absorbents, the mixture solution of polyethylene glycol dimethyl ether (PEGDME) and tetrahydrofuran (THF) were investigated. $CO_2$ absorption rate was measured by using high pressure $CO_2$ screening equipment in the range of 1 - 10wt% THF. Absorption capacity of the mixture solution was also estimated. Based on the results, we found that mixture solution containing THF had higher absorption rate and $CO_2$ loading capacity compared to PEGDME at $25^{\circ}C$.

A Comparative Study on Successful Cases of Technology Commercialization of Domestic Companies : Focusing on External Fund Raising Strategy in the early stage of commercialization (국내기업 기술사업화 성공 사례 비교 연구 : 사업화 초기 외부자금 조달 방안을 중심으로)

  • Kim, Dong-Chul;Lee, Cheol-Gyu
    • Journal of Digital Convergence
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    • v.18 no.7
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    • pp.135-148
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    • 2020
  • Even after successful technology development, there are many cases where commercialization fails due to difficulties in financing in the early stages of commercialization. The purpose of this study is to give practical implications to technology-based founders. At the beginning of commercialization, 7 companies that succeeded in procuring different types of external funds were selected to conduct case analysis. The results are as follow. First, it was confirmed that the excellence of technology is the most important. Second, it was confirmed that they were majors in the relevant technology field or have worked in related fields, and concluded that greater synergy effect can be created by adding the founder's business will and active attitude. Third, even if the company's internal capabilities were insufficient, it was possible to succeed in financing by identifying and utilizing external financial information. Fourth, it is necessary to utilize a linked financial system that receives both loans and investments. Fifth, systematic IR (Investor Relation) should be continued.

Factors Impacting Public Technology Transfer and Commercialization and Its Strategy for R&D Management (공공기술이전·사업화 영향요인 및 연구개발 관리전략)

  • Sung, Oong-Hyun;Moon, Hye-Jung;Kang, Hun
    • Journal of Korea Technology Innovation Society
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    • v.18 no.3
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    • pp.468-491
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    • 2015
  • The major objective of this research is to suggest the proactive strategy and management of public R&D for the active transfer of technology based on the influential factor analysis of technology transfer. This study identified influential factors which make the greatest impact on the success of public technology transfer and commercialization through three points of view-technology supplier's view, technology adopter's view and view of commercialization-which contribute to successful technology transfer and commercialization. The core influential variables for blocking technology transfer are identified such as additional technological development, search for technology adopter followed by mass production technology and testing of confidence. Technology adopter is to create new markets or expand existing markets through the superiority (innovation) of licensing technology, increasing the internal innovation capabilities and maximizing the impacts of technology. This research suggests two effective strategies for improving technology transfer such as technology planning and marketing in the view of technology license. The strategy of technology planning should be established and executed to meet both technology trends and adopter's needs. And strong patents should be secured in terms of licensing of technology. Also the technological performance should be evaluated at mid-term appraisal, confirming the needs of adopter and competitive advantage of technology and patent. In addition to this, the customized technology marketing strategy for different fields of applications is also required in order to improve the likelihood of technology transfer. If the performance of R&D organization could be evaluated by global technological competitiveness and spillover effects of commercialization rather than quantitative output, the flow of technology transfer and commercialization would be accelerated.

Technology Commercialization Model of Public R&D Based on Living Labs (리빙랩을 활용한 공공연구개발의 사업화 모델 도출)

  • Song, Wichin;Jeong, Seohwa;Han, Kyu-young;Seong, Jieun;Kim, Jongseon
    • Journal of Korea Technology Innovation Society
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    • v.20 no.2
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    • pp.458-486
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    • 2017
  • This article suggests Living Lab approach as a technology commercialization model of public research and development (R&D) projects. Living Lab is a model for end-users, private companies, research institutes, and public organizations to develop technology in a living space which works as a laboratory. Unlike the dominant technology commercialization model which focuses on private enterprises, a new living lab model discusses end-user centered commercialization. Based on general living lab model, three types of technology commercialization model are suggested. The 'Demand exploring type living lab' and the 'Problem solving type living lab' are project-based living lab. The other type of living lab is 'Living lab platform'. The projectbased living lab can be utilized as modules when promoting R&D projects. On the other hand, the living lab platform is infrastructure to provide living labs services to companies, public institutes and municipalities.

Effects of Absorptive Capacity on Technology Innovation and Commercialization Capacities and Management Performance (흡수역량이 기술혁신역량 및 기술사업화 역량과 경영성과에 미치는 영향)

  • Kim, Young-Ki;Park, Seong-Taek
    • Journal of the Korea Convergence Society
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    • v.9 no.12
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    • pp.217-225
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    • 2018
  • This study analyzes the effects of the absorptive capacity on the technology innovation and commercialization capacities and the management performance. Based on previous studies, the absorptive capacity is sub-classified into the exploratory absorptive capacity and the exploitative absorptive capacity, which are set as independent variables, to analyze their effects on the technology innovation and commercialization capacities. In short, the absorptive capacity has positive effects on the technology innovation and commercialization capacities. In addition, the technology innovation capacity and the technology commercialization capacity have positive effects on the management performance. The findings confirm that the absorptive capacity is an important factor impacting on the corporate innovation, and suggest that businesses should recognize the importance of the absorptive capacity as a guideline for developing their strategies for technological innovation.

Effect of Technology Commercialization Factors on Small and Medium Enterprises Performance (기술상용화 요인이 중소기업 성과에 미치는 영향)

  • Jo, Ki Dong;Kim, Jun Woo
    • Journal of Digital Convergence
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    • v.12 no.9
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    • pp.83-92
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    • 2014
  • In 21st century, firms are to face mitigating trade barriers between countries as well as to survive among harsh business environment. Also this phenomenon is expanding and gradually faster because the global competition become to intensify and there are significant technology changes. Therefore, in this study, technology commercialization factors on the technological achievement and on the financial performance were investigated in the small and medium enterprises. Firstly, the study finds that technology commercialization factor such as financial resources, human resources, strategic factors corporate financial performance show statistically significant(+). Secondly, the technology commercialization factors such as financial resources, human factors on the technical achievements in the enterprises show statistically significant(+). That means the technology commercialization of factors such as the financial resources as well as the human resources affect the technical performance of the enterprises.

Business Ecosystem-focused Commercialization Strategy for Real-time Monitoring and Detection Technology for Landslides (실시간 산사태 모니터링 및 탐지기술에 대한 비즈니스 생태계 기반 기술사업화 전략 연구)

  • Sawng, Yeong-Wha;Lim, Dong-Hyun;Chae, Byung-Gon;Choi, Junghae
    • The Journal of Engineering Geology
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    • v.26 no.2
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    • pp.223-233
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    • 2016
  • This study establishes a commercialization strategy for technology that can monitor and detect landslides in real time. An effective commercialization strategy was sought through both qualitative and quantitative analyses. The qualitative analysis considered the business environment in detail, while the quantitative analysis examined technologically strong and weak areas by visualizing the links between IPC (International Patent Classification) code structure and patent applicants. The results from both analyses are considered together, with particular attention paid to the business environment. The resulting integrated analysis comprehensively explores the degree of technological development and the current state of real-time monitoring and detection technology for landslides. The integrated analysis identified complementary assets in the business environment, as there is strong development and many research entities in this area. This suggests positive reinforcement for commercialization with two sub-strategies: (1) exploring demand with complementary assets, and (2) providing technology information for explored demand, which should facilitate successful commercialization. Exploiting this positive reinforcement for technology commercialization could reduce the high uncertainty of the technology and the market, and thus increase the probability of successful commercialization. It is also expected to contribute to long-term success by strengthening collaboration between the supply and demand sides.