• Title/Summary/Keyword: Funding

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A study on the supporting programs of policy funds for SMEs in post Korea-Japan FTA era. (한일 FTA에 대비한 중소기업 정책자금 지원제도에 대한 연구)

  • Park, Chong-Don
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.419-444
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    • 2009
  • In this paper, we use case studies to analyze the supporting programs of policy funds for Korean and Japanese small and medium-sized enterprises(SMEs). It is found that supporting firms are suitable to the excluded companies from financial institutions and excellent corporate credit rating. It is also shown that subordinated loan program as well as loan limit can be enlarged policy funds with priming water of private funds. Moreover, it shows that credit guarantee funding has a positively significant influence on long-term funding facility. Therefore, this findings can improve the complementary relationship between policy funds and financial institutions.

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What Causes Technology Commercialization to Succeed or Fail after Transfer from Public Research Organizations

  • Kim, Yong-Jeong;Shin, Seowon Joseph
    • Asian Journal of Innovation and Policy
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    • v.6 no.1
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    • pp.23-44
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    • 2017
  • This study explores how the technology commercialization process leads to either success or failure after transfer from PROs to SMEs by conducting a binomial logistic regression analysis. We found that the more additional development a firm implements on the transferred technology, the more likely the commercialization is to fail. The higher number of alternative technology and bigger market risk are associated with a greater likelihood of failure. On the other hand, the existence of complementary technology, the degree of cooperation with the technology provider, the size of the target market, the willingness of the CEO, and the funding availability are known to have positive effects on the success of technology commercialization. In addition, the case studies we conducted from the sample companies demonstrated that "market uncertainty," "technological issues depending on the technology-specific characteristics," and "a lack of funding capability" are some of the causes for failure of technology commercialization.

Plan to Revitalize Local Economy through 6th Industry of Agriculture

  • Park, Sang youn
    • International Journal of Advanced Culture Technology
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    • v.5 no.4
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    • pp.20-25
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    • 2017
  • Although the $6^{th}$ industry of agriculture, the subject of this research, is a policy that is implemented nationwide, the result or its performance can vary depending on judgment and basic plan of the local government concerned. To overcome this, support of the central government and provincial governments is important, but each rural family, rural area or management unit also has to grasp the reality fast and overcome it through voluntary participation. In addition, local governments of the nation should operate this project efficiently by implementing required support and policies in each field. Local governments should also promote revitalization of local economy by providing help to rural families and management units that implement the $6^{th}$ industry of agriculture through expert consulting, matching of funding paths, and deregulation.

National Health Expenditure Account of Korea: Sources and Estimation Methods (국민의료비 계정에 관한 연구 - 자료원 및 추계방법을 중심으로-)

  • 정영호
    • Health Policy and Management
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    • v.12 no.1
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    • pp.1-20
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    • 2002
  • National health expenditure account describes expenditure flows both public and private within the health sector. It describes the sources and uses and channels for all funds utilized in the health sector and is a basic requirement for optimal management of the allocation of health sector resources. Constructing a national health expenditure account should begin with sound estimates. This paper thoroughly examines the sources and discusses the estimation methods, and provides the national health expenditure account of Korea by function and source of funding category The national health expenditure account produced in this parer has, however, some drawbacks and followings are proposed fur enhancing the comprehensiveness and consistency of the account. First, comparable data un health related expenditures of local government and private sector should be produced because data sets on the sectors are very limited. Second, we need further study un overall scope and boundaries of health expenditure estimates in order to improve compatibility of other main aggregates.

A Study on Determinants of Micro-enterprise Performance (소상공인의 경영성과 결정요인)

  • Oh, Sangyoung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.12
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    • pp.5759-5763
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    • 2012
  • I conducted structural model analysis which is considered the influence of "government policy and micro-enterprise manager's characteristics" on management performance through effective analysis on governmental policy for micro-enterprise funding, training and consulting support. This study results showed characteristics of micro-enterprise manager and government policy significant to management performance. In the structural model, significant independent variables are customer's accessibility, promotion availability, goods mobility, customer attractive ability, effectiveness of funding, size of supported training, and effectiveness of training and satisfaction of supported consulting size.

Japanese Policy and Programs for the Fostering of Global Entrepreneurs

  • Kim, Eunyoung
    • STI Policy Review
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    • v.7 no.1
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    • pp.40-65
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    • 2016
  • Knowledge plays a more important role in promoting entrepreneurship in the current information-led society than it did during the age of industrialization. Many recent studies found that entrepreneurship stimulates and generates innovation and economic growth. In response to the issues of long-term low growth, the Japanese government implemented several policies to encourage universities initiate entrepreneurial activities. This paper examines Japanese policies since 2014 that support universities in providing various programs for developing global entrepreneurs. Thirteen academic institutes were beneficiaries of three-year funding since the fiscal year of 2014. Each university designed its own educational programs according to their own contexts, built various forms of innovation ecosystems with domestic as well as international partner organizations, and offered entrepreneurship training courses or innovation workshops for companies to sustain its programs through broadening their funding bases. Due to the interdisciplinary nature and short history in operating the programs so far, it is difficult to evaluate the effectiveness of the programs. However, each participating university accumulated knowledge and experience while carrying out their various programs, suggesting important new directions for policymakers and education program designers in facilitating entrepreneurship and innovation.

Scientific Misconduct as an International Issue - New OECD project and its implication to national policy -

  • Hideki IWABUCHI
    • Science & Technology Policy
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    • v.16 no.1 s.157
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    • pp.64-71
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    • 2006
  • Fabrication, falsification, plagiarism (so-called FFP), and other unethical acts damage the trust of public in science and scientists. Scientific communities, governments and research institutions should take the appropriate countermeasures. With the increasing visibility and importance of problem, funding agencies and policy-makers find that they must have a better understanding of this phenomenon, and take steps to prevent it. Science is often said as a borderless activity. In these days, many scientific misconduct cases have been emerging almost simultaneously and worldwide. Thus, the immediate actions should be taken internationally as well as nationally. From these points of view, we, Japan, proposed a new international joint-study at OECD Global Science Forum in February 2006, and the proposal was approved with supports by many countries including Korea. OECD would seek an international perspective to address this worldwide problem, bringing together the representatives of science communities, publishers, funding agencies, and policy makers, and exchanging their experiences.

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