• Title/Summary/Keyword: Productivity Innovation

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The Diffusion Period and Productivity of Smartwork by Business Simulation (비즈니스 시뮬레이션으로 살펴본 스마트워크의 확산 기간과 생산성 연구)

  • Jung, Byoungho
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.17 no.1
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    • pp.57-73
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    • 2021
  • The purpose of this study is to analyze the diffusion period and productivity of smartwork in an organization. Firms are increasingly interested in smartwork for non contact work and working from home because of the corona 19. The smartwork is a new technology that changes face-to-face work in an organization. It helps the work of individuals and organizations regardless of time and place. The theoretical background describes the complexity, system thinking, diffusion theory, smart work, organizational resistance, and productivity. This study analyzes the diffusion period and productivity of smart work through business simulation techniques. A simulation study progresses four stages. There are problem definition, hypothesis establishment and causal loop diagram, model construction and verification, and policy evaluation. The simulation models contain an individual's resistance variables organizational investment and leadership variables related to the operation of smartwork. The organizational investment variables include organizational culture, legal system, implement systems and technology investment. The individual resistance variables include cognitive, attitude, structure and technological resistance. The leadership includes leadership interest variables and performance linkage variables. The simulation executed the changes of a people number adopting smart work and the organizational productivity monthly. As a result of the simulation, many organization members have accepted the smart work innovation after 20 months. The organizational productivity through smart work showed very high value after 16 months. In scenario analysis, the individuals' awareness and attitude resistance showed very important variables to productivity and a personal change of smart work adoption. Meanwhile, The organizational investment showed that the high driving-force increased not productivity and the low driving-force showed decreased low productivity. Also, leadership variables showed a powerful driver for changing smart work productivity. The implication of the study has suggested extending complexity, diffusion theory and organization resistance theory based on simulation methods.

A Method of Calculating Baseline Productivity by Reflecting Construction Project Data Characteristics (건설 프로젝트 데이터 특성을 반영한 기준생산성 산정 방법)

  • Kim Eunseo;Kim Junyoung;Joo Seonu;Ahn Changbum;Park Moonseo
    • Korean Journal of Construction Engineering and Management
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    • v.24 no.3
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    • pp.3-11
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    • 2023
  • This research examines the need for a quantitative and objective method of calculating baseline productivity in the construction industry, which is known for its high volatility in performance and productivity. The existing literature's baseline productivity calculation methods rely heavily on subjective criteria, limiting their effectiveness. Additionally, data collection methods such as the "Five-minute Rating" are costly and time-consuming, making it challenging to collect detailed data at construction sites. To address these issues, this study proposes an objective baseline calculation method using unimpacted productivity BP, a work check sheet to systematically record detailed data, and a data collection and utilization process that minimizes cost and time requirements. This paper also suggests using unimpacted productivity BP and comparative analysis to address the objectivity and reliability issues of existing baseline productivity calculation methods.

An Analysis on the R&D Productivity and Efficiency of Korea: Focused on Comparison with the OECD Countries (우리나라의 R&D 생산성 및 효율성 분석: OECD 국가와의 비교를 중심으로)

  • Kim, Young-H.;Kim, Sun-G.
    • Journal of Technology Innovation
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    • v.19 no.1
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    • pp.1-27
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    • 2011
  • This paper aims to measure and analyze R&D productivities and efficiencies of 17 major OECD countries including Korea over the 1984-2008 period by using the Malmquist Productivity Index and Data Envelopment Analysis, classifying R&D performance into an output and outcome aspects. It also searches the Korea's current status and characteristics in each R&D stage to enhance Total Factor Productivity (TFP) compared with other developed countries. Our major findings are the followings: (i) Korea's productivity index of R&D input vis-a-vis R&D output is very high (13.39% annual growth rate) compared with those of major advanced countries, whereas the annual average of efficiency index is very low (0.33), i.e. Korea's technical efficiency index has risen to 0.83 at the last time series started at 0.10 point and come up to the level of major advanced countries. (ii) the Korea's productivity index of R&D output vis-a-vis R&D outcome is very low (14.02% annual reduction rate) compared with those of major advanced countries, whereas the annual average of efficiency index is very high (0.22), i.e. Korea's integrated frontier technical efficiency index has dropped to 0.057 at the last time series started at 1.00 point and coming up to the level of major advanced countries. (iii) The productivity of R&D input vis-a-vis R&D outcome is positively correlated with that of R&D output vis-a-vis R&D outcome and the growth of R&D input factors. In a nutshell, it implicates that the effort to take advantage of R&D outputs, namely establishing the diffusion and commercialization system of technical knowledge to the level of developed countries, should be strengthened over that on the growth of R&D investment and output for enhancing R&D productivity and efficiency in Korea.

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An Analysis of Research Productivity by Fields in Science and Engineering (이공계 분야별 연구생산성 분석)

  • Kim, Ki-Hyoung;Seol, Sung-Soo
    • Journal of Korea Technology Innovation Society
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    • v.18 no.1
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    • pp.98-125
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    • 2015
  • This study will show the determinants of research productivity by fields in science and engineering. However, we present the differences between fields by personal attributes, research resources, and research productivities. The data includes 1,383 researchers who participated in the BK21 PLUS program during 2010-2012. The fields are physics, chemistry, biology, mechanics, electricity and electronics and chemical engineering. As for research productivity, 3 indices are used such as the number of papers publicized, patents and combination of papers and patents. As for explanation factors, two kinds of variables are used. The personal factors include sex, age, academic rank, location of affiliation, and country of PhD acquisition, and the resource factors are the number of graduate students, 3 types of research funds such as government fund, industrial fund and overseas fund. This study is unique in several aspects; Dealing with 3 productivity indices, and using massive official data, 6 different fields, and determinants of research productivity. The results are as follows; 1) there is a big difference in determinants by fields. 2) No variables affect the research productivity of all the fields at the same time. 3) In science, the number of determinants are quite low than engineering. 4) The ratio between papers and patents are different by fields. 5) The correlations between paper and patent by fields are different; no relationship in the field of physics and chemistry and positive relationship in the other 4 fields.

A Study on The Effect of Perceived Value and Innovation Resistance Factors on Adoption Intention of Artificial Intelligence Platform: Focused on Drug Discovery Fields (인공지능(AI) 플랫폼의 지각된 가치 및 혁신저항 요인이 수용의도에 미치는 영향: 신약 연구 분야를 중심으로)

  • Kim, Yeongdae;Kim, Ji-Young;Jeong, Wonkyung;Shin, Yongtae
    • KIPS Transactions on Computer and Communication Systems
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    • v.10 no.12
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    • pp.329-342
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    • 2021
  • The pharmaceutical industry is experiencing a productivity crisis with a low probability of success despite a long period of time and enormous cost. As a strategy to solve the productivity crisis, the use cases of Artificial Intelligence(AI) and Bigdata are increasing worldwide and tangible results are coming out. However, domestic pharmaceutical companies are taking a wait-and-see attitude to adopt AI platform for drug research. This study proposed a research model that combines the Value-based Adoption Model and the Innovation Resistance Model to empirically study the effect of value perception and resistance factors on adopting AI Platform. As a result of empirical verification, usefulness, knowledge richness, complexity, and algorithmic opacity were found to have a significant effect on perceived values. And, usefulness, knowledge richness, algorithmic opacity, trialability, technology support infrastructure were found to have a significant effect on the innovation resistance.

The Impact of R&D on the Singaporean Economy

  • Ho, Yuen-Ping;Wong, Poh-Kam
    • STI Policy Review
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    • v.8 no.1
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    • pp.1-22
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    • 2017
  • There has been a pronounced increase in research and development (R&D) expenditure in Singapore over the last two decades, with government spending accounting for a sizeable share. This increase has been spurred by public policy emphasis on research and innovation as engines of economic growth. This paper analyses the impact of R&D on economic performance in Singapore from 1978 to 2012 through the use of time series analysis. The Cobb-Douglas based analysis shows a long-run equilibrium relationship between Total Factor Productivity (TFP) and R&D investments. We found that the short-run productivity of R&D in Singapore is comparable to smaller advanced economies in the Organisation for Economic Co-operation and Development (OECD). However, in terms of long-run R&D productivity, Singapore lags slightly behind the smaller OECD nations and far behind the G7 countries. This suggests leakage of value capture and low absorptive capacity in local firms. Possibility of productivity improvements induced by policy changes in the 1990s was considered, but no evidence of significant structural breaks was found. Lastly, Granger causality analysis reveals that public sector R&D augments private sector R&D capital, thus playing an important role in generating externalities and spillover effects. Policy implications and lessons for other middle-income countries are discussed.

A Productivity Analysis for Management Manpower of Building Construction Projects (건축공사의 현장관리 인력에 대한 생산성 분석)

  • Lee, Hyun-Min;Lee, Dong-Hoon;ZHENG, QI;Kim, Sun-Kuk
    • KIEAE Journal
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    • v.10 no.1
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    • pp.45-55
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    • 2010
  • While Korean construction companies are adapting themselves to rapidly changing business landscape at home and abroad, intensifying competition among competitors in local as well as global market deteriorates the profitability of construction industry, which leads to another problem. In response to such challenges, many construction companies continue to innovate their business portfolio and organization structure, with strong commitment to business process innovation. Furthermore, they need to analyze the productivity of project site management manpower overhauling business processes systematically and develop effective alternative strategies. This research aims to analyze the productivity of project site management manpower. Current operational practices of construction site organizations have been analyzed with focus on large construction companies in Korea and data gathered from project sites have been analyzed from a wide range of perspectives, In so doing, this research is expected to provide basic inputs for any subsequent attempt to estimate proper resource requirement for site management tasks in construction projects and analyze the management productivity of such resources by enabling construction companies to better understand the current operational status of site organization.

A COMPARATIVE ANALYSIS ON EFFICIENCY AND TOTAL FACTOR PRODUCTIVITY IN CONSTRUCTION FIRMS BETWEEN KOREA AND JAPAN

  • J.L. Park;S.S. Kim;D.J. Kwark;J.G. Park;J.H. Kim;J.J. Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.315-320
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    • 2013
  • The aim of this study is to compare efficiency and Total Factor Productivity(TFP) between Korean and Japanese construction firms in Korea and Japan over the period of 2005-2011. The results of this study are as follows. Efficiency scores of Korean construction firms are 0.797, and Japanese construction firms are 0.921. Second, annual total factor productivity growth of Korean construction firms is 0.5% and technical progress do much for TFP decrease. However Japanese construction firms marked annual increasing of 2.5% of TFP. Third, technical progress contributed in TFP increase of construction firms in Korea. Korean construction firms, however, relatively lagged behind Japanese construction firms in technical progress. Therefore, Korean construction firms need strategies to achieve technical advances including adopting new technology or process innovation to maintain competitiveness, survive, and develop in the future competition with Japan.

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EcoFarmer in Zimbabwe: A New Agricultural Development Phenomenon

  • Mago, Stephen
    • Asian Journal of Business Environment
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    • v.4 no.2
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    • pp.13-15
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    • 2014
  • Purpose - This paper discusses the effectiveness of EcoFarmer in Zimbabwe. The effectiveness of EcoFarmer still needs to be established because it is a new product that is hardly a month old. Research design, data, and methodology - The paper follows a qualitative research methodology and an exploratory approach to establish the effectiveness of EcoFarmer in the promotion of productivity in the agricultural sector in Zimbabwe. Using an Internet-based literature review, the paper explored the link that exists between Econet's EcoFarmer program and agricultural development in Zimbabwe. Results - The findings are that the innovation promotes agricultural productivity. This is in line with what was established by Safaricom Foundation in Kenya. Conclusions - The paper used literature sources because the phenomenon is exploratory. This limitation could have been avoided by using a field survey. The paper shows that the EcoFarmer is an innovative project that was developed by Econet as a replication of the Kenyan program.

Scheduling for improving productivity of the automated manufacturing system

  • Choi, Jung-Sang;Jang, Gil-Sang
    • International Journal of Quality Innovation
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    • v.2 no.2
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    • pp.101-120
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    • 2001
  • In this paper jobshop scheduling problem was considered on automated manufacturing systems with the closed loop and unidirectional material handling system. The objective of this research is to develop and evaluate heuristic scheduling procedures to improve productivity by minimizing makespan. Especially travel time of material handling system as well as processing time was considered in the proposed algorithms, A new heuristic algorithms are proposed and illustrates the proposed algorithm. The heuristic algorithms are implemented for various cases. The results show that the proposed algorithms provide better solutions in productivity, frequency, job waiting time and the number of waiting jobs than the random scheduling algorithm.

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