• Title/Summary/Keyword: Innovation Processes

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R&D performance measurement model - Quantitative value measurement of technology and Its capitalization - (연구개발투자의 성과측정 모형 - 기술의 정량적 가치추정과 자산화 방안 -)

  • 조현춘;박상덕
    • Proceedings of the Technology Innovation Conference
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    • 1999.12a
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    • pp.159-177
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    • 1999
  • Many companies still struggle with the issue of research and development(R&D) performance measurement, in particular, the nonfinancial performance measurement of R&D with coming of knowledge-based society, Of course, we would not deny the fact that financial measures play the central role in assessing the overall performance of R&D, The aim of this paper is to provide the new model to evaluate the quantitative value of technology (nonfinancial benefits). This new model is based on the technology stock(technology level) acquired in R&D process, That is, we take it for granted that the acquired technology below a certain level(<70% compare to the advanced country) can not be utilized in developing the new products or in proving the manufacturing processes, The evaluation model we create can explains the quantitative relation between the technology stock and the market value considering R&D expenditure to acquire the technology above certain level(>70%) and cost to prevent the technology obsolescence. The value of non-destructive testing technology, which is one of the electric Power technology, is measured quantitatively using our new model as a case study, We also discussed briefly the possibility of capitalization of the measured technology value.

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The Social Shaping of Technology and Technological Learning: A Case Study on the Development of Korean Mobile Telecommunication System (기술의 사회적 선택과 기술학습: 이동통신 기술개발 사례분석)

  • Song Wi-Chin
    • Journal of Science and Technology Studies
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    • v.1 no.1 s.1
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    • pp.179-200
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    • 2001
  • In this study, the conceptual model which can integrate the social process and technological teaming in technological innovation is developed and applied to the analysis of the cases on the innovation of Korean mobile telecommunication industry. Korean mobile telecommunication Industry has two peculiar characteristics. First, there have been rapid technological loaming and catching-up processes in Korean mobile telecommunication which have never been in other newly industrializing countries. Second, CDMA is the only multiple access mode which has been used in cellular phone service. It is the purpose of this study to analyse how these characteristics have been emerged during past ten years based on the suggested model integrating the social process of technology selection and technological learning.

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The analysis of causal relationship of SCM performance based on BSC framework (BSC에 기반한 SCM 성과간의 인과관계 분석)

  • Kim, Mi-Ae;Suh, Chang-Kyo
    • The Journal of Information Systems
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    • v.23 no.4
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    • pp.75-91
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    • 2014
  • The effective supply chain management(SCM) is a matter of survival in many firms because successful supply chains will effectively coordinate their processes, focus on delivering customer value, eliminate unnecessary costs in key functional areas, and create performance measurement systems. The balanced scorecard(BSC) is widely used to measure the performance of the SCM. The BSC framework suggests that balance is obtained by adopting performance measures from four different areas. In this study, we analyzed the causal relationship of SCM performance based on BSC framework. First, we reviewed the nested causal relationships among four different perspective of the BSC, namely, business process perspective, customer perspective, financial perspective, and innovation and learning perspective. Then, we used the chi-square difference test to identify the best model to fit the causal relationship of SCM performance. Of the 800 questionnaires posted, a total of 265 questionnaires were returned after one follow-up. A total of 66 questionnaires were eliminated due to largely missing values. The major finding says alternative model 3 is dominant to other models to fit causal relationships among four different perspective of the BSC. Innovation and learning perspective positively influence on customer perspective, business process perspective, and financial perspective. Business process perspective also positively influence on customer perspective and financial perspective whereas customer perspective does not influence on financial perspective significantly.

The Role of Economic Cluster Perspectives in Regional Economic Development

  • Haak, Robert;Vora, Gautam;Walsh, Steven T.;White, Craig G.
    • World Technopolis Review
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    • v.3 no.1
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    • pp.17-29
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    • 2014
  • The importance of science and technology as the root of exceptional regional economic development has been extolled since the time of Schumpeter. Today emerging technologies are signaling the start of a new economic cycle where regions that are effective in technology translation will gain advantage. The will of policymakers to translate technology into regional job and wealth creation seems to be at an all-time high. Yet an improved process for translating technical development into regional prosperity has proved elusive. If there are no processes other than applying techniques that have worked in the past for other regions to a new region then there is cause for concern. Here the authors seek to add to this field of knowledge by applying elements of the varied cluster theories to provide a basis for policy for regional economic development by turning science and technology into commercial innovation. We provide a review of current cluster theories and discuss the positive and negative issues associated with each. We propose a model that allows interested professionals to utilize aspects of each cluster perspective geared to the realities of their specific area.

Problems Related to Construction and Building Materials in Libya

  • Salah, Abuzaid;Bloomer, Steve
    • Journal of Construction Engineering and Project Management
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    • v.4 no.4
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    • pp.1-8
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    • 2014
  • The broad aim of this paper is to provide a detailed understanding of the post-war problems associated with materials for reconstruction in Libya, and to identify key problems and obstructions. Theoretical and empirical studies are being conducted in Libya. The theoretical study focuses on materials for construction and the key issues such as sources, transport and storage of materials, as well as their impact on the national economy, the nation's socio-economic development and the environment. This empirical study employed questionnaires, observations and a series of interviews with researchers, academics, suppliers and manufacturers, supported by the researcher's three decades of experience of working in the construction industry and its associated processes and operations. The empirical study illustrated that materials for post-disaster reconstruction in Libya suffer from external problems related to policies and decision-making in terms of availability of materials, fluctuation of prices of materials, specifications, building codes, legislation and regulations, and internal problems related to the construction and building material's key players: construction companies, consultancy firms, manufacturers and suppliers.

A Comparative Analysis of the User Participation Design Process in School Facilities - Focused on the Research Reports and White Papers - (학교시설의 사용자참여설계프로세스 비교분석에 관한 연구 - 연구 및 사업백서를 중심으로 -)

  • Lee, Kwang-Su;Ryu, Soo-Hoon
    • Journal of the Korean Institute of Educational Facilities
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    • v.26 no.6
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    • pp.39-49
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    • 2019
  • School is where students spend a lot of time. However, it is made up spaces which have got no consideration for students. Public buildings, such as schools, were designed by experts, not by users, while the opinions of users were reflected in a small part. As a result, school has become an uncomfortable place for students. User participation design has been proposed as a way to improve it. Recently, in designing schools, user participation design called "School Space Innovation Project" has been carried out actively and many kinds of guidelines have been suggested in project. But because it is unsystematic, In fact, it is hard to apply on site. Comparing and analyzing various User Participation Processes to figure out the similarities and differences is the purpose of this research and we want to suggest the result as a data that can be used as guidelines for project related to User Participation Design.

A Study on Process Integrated Innovation System for a LNG Industry (LNG 산업의 프로세스 통합 정보망 시스템에 관한 연구)

  • Kim Chung Kyun
    • Journal of the Korean Institute of Gas
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    • v.6 no.1 s.17
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    • pp.59-65
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    • 2002
  • This paper presents new IT model, PIIS that integrates the safety control, construction, and operation managements in a conventional gas industry The systemic approach based on the PIIS model may reduce or increase the parameters as maximizing the safety, risk and crisis management, and increasing the cost-effective productivity The rapid synchronization and integration of the process using the PIIS model may produce more profits and satisfactions between customer and gas supplier. Thus, the PIIS model should quickly be introduced to gas industry at the beginning stage of engineering design and construction processes for maximizing production, effectiveness, and safety of the system from the exploration of a natural gas to a final consumption.

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Future of Virtual Reality and Metaverse in Hospitality and Tourism Management: An Industry Perspective

  • Jay, Bhakta;Amanda, Charreton;Anne Anoek, de Rooij;Minwoo, Lee;Hubie, Sangster;Yingni, Wang
    • Journal of Smart Tourism
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    • v.2 no.4
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    • pp.25-34
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    • 2022
  • Digital transformation plays a critical role in making hospitality and tourism organizations create new business processes and customer experiences. The hospitality and tourism industry thrives on creating unique experiences by offering exceptional and innovative customer services through innovative digital technologies. Thus, this study provides an overview of the current use of these technologies in the hospitality industry and their potential advantages and opportunities. In particular, the metaverse and immersive virtual reality (VR) technology are gaining popularity in the hospitality industry, offering new opportunities for innovation and driving core values. This study discusses the current use of VR and metaverse and potential advantages and opportunities for researchers and practitioners in the hospitality and tourism context. Thus, we provide suggestions and implications for hospitality and tourism industry stakeholders to increase core values and business performance and create sustainable competitive advantages over other market players through VR and metaverse.

A Study on Big Data Analytics Services and Standardization for Smart Manufacturing Innovation

  • Kim, Cheolrim;Kim, Seungcheon
    • International Journal of Internet, Broadcasting and Communication
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    • v.14 no.3
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    • pp.91-100
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    • 2022
  • Major developed countries are seriously considering smart factories to increase their manufacturing competitiveness. Smart factory is a customized factory that incorporates ICT in the entire process from product planning to design, distribution and sales. This can reduce production costs and respond flexibly to the consumer market. The smart factory converts physical signals into digital signals, connects machines, parts, factories, manufacturing processes, people, and supply chain partners in the factory to each other, and uses the collected data to enable the smart factory platform to operate intelligently. Enhancing personalized value is the key. Therefore, it can be said that the success or failure of a smart factory depends on whether big data is secured and utilized. Standardized communication and collaboration are required to smoothly acquire big data inside and outside the factory in the smart factory, and the use of big data can be maximized through big data analysis. This study examines big data analysis and standardization in smart factory. Manufacturing innovation by country, smart factory construction framework, smart factory implementation key elements, big data analysis and visualization, etc. will be reviewed first. Through this, we propose services such as big data infrastructure construction process, big data platform components, big data modeling, big data quality management components, big data standardization, and big data implementation consulting that can be suggested when building big data infrastructure in smart factories. It is expected that this proposal can be a guide for building big data infrastructure for companies that want to introduce a smart factory.

Application of Internet of Things Based Monitoring System for indoor Ganoderma Lucidum Cultivation

  • Quoc Cuong Nguyen;Hoang Tan Huynh;Tuong So Dao;HyukDong Kwon
    • International journal of advanced smart convergence
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    • v.12 no.2
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    • pp.153-158
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    • 2023
  • Most agriculture plantings are based on traditional farming and demand a lot of human work processes. In order to improve the efficiency as well as the productivity of their farms, modern agricultural technology was proven to be better than traditional practices. Internet of Things (IoT) is usually related in modern agriculture which provides the farmer with a real-time monitoring condition of their farm from anywhere and anytime. Therefore, the application of IoT with a sensor to measure and monitors the humidity and the temperature in the mushroom farm that can overcome this problem. This paper proposes an IoT based monitoring system forindoor Ganoderma lucidum cultivation at a minimal cost in terms of hardware resources and practicality. The results show that the data of temperature and humidity are changing depending on the weather and the preliminary experimental results demonstrated that all parameters of the system were optimized and successful to achieve the objective. In addition, the analysis results show that the quality of Ganoderma lucidum produced on the research method conforms to regulations in Vietnam.