• Title/Summary/Keyword: Technical commercialization capacity

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The impact of technological innovation capacity on business performance - Focusing on the moderating effect of technical commercialization capacity - (기술혁신 역량이 경영성과에 미치는 영향 - 기술사업화 역량의 조절효과를 중심으로 -)

  • Shin, Sung-Wook
    • Management & Information Systems Review
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    • v.38 no.1
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    • pp.225-239
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    • 2019
  • In order for a company to grow through technological innovation, technological innovation capacity to support technological innovation is more important than anything else. In addition, the technology commercialization process can not be ignored in order to lead to the improvement of the business performance. In this context, this study analyzed the impact of firm's technological innovation capacity on business performance and tried to analyze whether technological innovation capacity has a moderating effect on technological innovation capacity. To analyze the purpose of this study, we collect data through questionnaires of small and medium venture companies located in the southeast region of korea. The results of multiple regression analysis based on 132 collected company survey data are summarized as follows. First, Technology innovation capacity has a positive effect on business performance. Specifically, companies with well-equipped R&D capabilities, technology accumulation capabilities, and technology innovation systems showed higher business performance(market competitiveness, business growth potential, and business profitability). Second, technology commercialization capacity has a positive effect on the effect of technological innovation capacity on business performance. This result implies that a company with a good technical commercialization capability increases the positive influence of technological innovation capacity on business performance. The results of this study suggest that it is important to systematically manage the technology commercialization capacity in order to generate business performance through technological innovation.

Impact of Information Orientation and Technology Commercialization Capability on Technical Performance: Focusing on Mediating Effect of Technology Commercialization Capacity and Moderating Effect of Technology Accumulation Capacity (정보지향성과 기술사업화능력이 기술성과에 미치는 영향: 기술사업화능력의 매개효과 및 기술축적역량의 조절효과 중심으로)

  • Han, Sung Hyun;Heo, Chul Moo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.1
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    • pp.167-184
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    • 2020
  • This study analyzed the effects of information orientation and technology commercialization ability on technological performance of corporate workers. Information Orientation consisted of information technology capability, information management ability, information behavior and value, and technology commercialization capability consisted of productization capability, production capability, and marketing capability as sub-variables, and technology accumulation capacity was used as a coordinating variable. An empirical analysis was performed on 349 online and offline questionnaires collected from corporate employees. Analysis results using SPSS v22.0 and Process macro v3.4 First, information orientation and technical performance were found to have a significant effect.In addition, information orientation had a significant effect on technology commercialization capability. The magnitude of the influence on the productive capacity and the productive capacity in the variable of competency was in the order of information technology ability, information management ability, information behavior and value, but the influence on marketing capability was different from the previous results. Information management ability and information technology ability were in order. Second, the product commercialization capability, production capability, and marketing ability of technology commercialization ability had a significant effect on technology performance independently of information orientation. Third, the information technology ability and information management ability had a significant influence on the technical performance, but the indirect effect through the commercialization ability and marketing ability in information behavior and value was significant, the indirect effect of transit was not significant. Fourth, only the interaction terms of production capacity and technology accumulation capacity were significant among the sub-variables of technology commercialization capacity, and technology accumulation capacity, commercialization capacity, and marketing ability were not significant. Therefore, the relationship between productive capacity and technological performance can be interpreted as lower in firms with high technology accumulating ability than in lower firms, subsequent studies will require the introduction of other independent variables, models through the introduction of parameters and control variables.

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.

The Impact of Factors Influencing Start-Ups on Technology Innovation Performance: Focused on the Mediating Effect of Technology Commercialization (창업영향요인이 기술혁신성과에 미치는 영향 : 기술사업화 매개효과를 중심으로)

  • Kang, Han-Hyuk;Seo, Young-Wook
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.5
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    • pp.145-155
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    • 2020
  • In this study, the purpose of the study is to derive the relationship between factors affecting the establishment of start-up companies, technical innovation performance, and technology commercialization, and to confirm the effects of start-up factors and technology commercialization on the technological innovation performance based on the analysis. For this research, a survey was conducted on employees aged 20 or older who were employed in large national enterprises or medium and small-sized enterprises, etc. and the results of the empirical analysis were as follows. Firstly, the factors influencing start-ups were found to have a significant impact on the technology commercialization(manufacturing capacity, producing capacity). Secondly, technology commercialization had a significant impact on the technological innovation performance(business performance, customer performance), and thirdly, technology commercialization had a partial mediating effect in the relationship between start-up factors and technical performance. This study confirmed that the factors of start-up, technology commercialization, and technological innovation performance have statistically significant impact relations, and further research on start-up factors and technology commercialization is necessary for the technological innovation and creation of companies.

A Study on the Effect of Customer Orientation and Technology Orientation on Innovation Capacity (고객지향성과 기술지향성이 혁신역량에 미치는 영향에 관한 연구)

  • Park, Tae-Young;Song, Chan-Sub;Shin, Ho-Kyun
    • Journal of Digital Convergence
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    • v.17 no.11
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    • pp.171-181
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    • 2019
  • In order to confirm whether innovation can be realized through the direction that companies pursue, this study empirically analyzed the relationship between strategic directionality and innovation capacity. Specifically, strategic directionality is divided into customer orientation and technology orientation, and innovation capacity is classified into strategic planning capacity, R&D capacity, and technology commercialization capacity based on previous studies. And the effect of customer and technology orientation on each innovation capacity was analyzed. Data collection was carried out by 368 questionnaires from the workers of manufacturing industry in Gyeongbuk area and the proposed hypotheses were tested by using structural equation. As a result, it was confirmed that technology orientation had significant effects on all three innovation capacities. However, the effect of customer orientation on strategic planning capacity and technical commercialization capacity was accepted, but the relationship with R&D capacity was rejected. These results can provide implications for how to draw innovation from the organizational strategic direction and culture perspectives by explaining the impact of organizational orientation on innovation capacity.

A Study on the relationship between dynamic capability & technology innovation performance

  • Lim, Heon-Jin;Park, Hyun-Yong
    • Journal of the Korea Society of Computer and Information
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    • v.23 no.12
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    • pp.211-218
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    • 2018
  • In this paper, we propose that investigating the relationship between the dynamic capacity and the technological innovation performance of firms. Based on the previous research, we divide the dynamic capacity into the adaptive capacity, absorption capacity, and productive capacity. Among the 3,400 companies responding to the technical statistics of SMEs in 2011, we performed multiple regression analysis with 2,807 except service industries. As a result, the absorptive capacity and productive capacity have a positive effect on the technological innovation performance at the 99% level, whereas the adaptive capacity has a negative effect on the technological innovation performance at the 95% level. The implications of this study are as follows. First, in order to improve the performance of technological innovation, it is important to strengthen the absorption capacity and productive capacity of companies. Absorption capacity shows that it is important to secure sufficient R & D manpower and R & D cost to utilize internal knowledge as well as to bring outside knowledge into the capacity to assimilate and utilize external knowledge. Second, the ability to commercialize a product is a capability to commercialize a technology that has succeeded in development, showing that the technology development organization must have the capability of post-development commercialization as well as technology development. Finally it shows the negative effect on adaptation capacity and innovation performance. Companies actively utilize external sources of information in order to respond to and adapt to the rapidly changing business environment. However, the results of this study show that a strategic approach is needed to use external sources of information and technology development resources. Especially as the use of external information resources and technology development resources increases.

A Study on the Impact of Competency of Technology: Based Startups on Performance Using ETRI Technology (ETRI 기술을 활용한 기술창업기업의 역량이 경영성과에 미치는 영향에 관한 연구)

  • Bae, Hongbeom;Song, Minkyung;Kim, Seokyun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.1
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    • pp.61-72
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    • 2018
  • In a rapidly changing environment, such as globalization, technology-based startups are attracting attention as a new growth engine that creates jobs and added value and promotes national competitiveness. At present, countries around the world recognize the development of technology-based start-up companies as a major policy task and strive to make policy efforts to revitalize start-ups and strengthen innovation capabilities of companies. Especially, in order to secure superiority in the fierce market competition, it is becoming more and more important for the growth and development of technological start-up companies that pioneer new markets and energize the economy based on original and innovative technologies. Therefore, it is necessary to study systematically and plan for survival and growth of technology start-up companies. The purpose of this study is to investigate the entrepreneurial spirit of Innovation, Entrepreneurship, Risk Sensibility and Technology Innovation Capacity, R&D ability, Technology Accumulation Capacity, Technology Innovation System, The results of this study are as follows. the effects of marketing ability on technical performance and financial performance are examined. First, the CEO 's entrepreneurial spirit has an effect on the technical performance and financial performance of the management performance. Second, the technology accumulation ability and the R & D capability have a positive effect on the technical performance. Finally, it was found that the ability to commercialize the technology commercialization capacity affects both technical performance and financial performance. The policy implications that can be gained through this are as follows. First, by strengthening cooperation between universities and research institutes, related technology entrepreneurship education programs should be upgraded so that technology entrepreneurs or preliminary entrepreneurs can capture business opportunities and secure market price competitiveness. Secondly, R & D for the purpose of start-up should be developed and marketable technology should be developed and linked to direct start-up. Third, it is necessary to activate the program to match the company with the honorary retirement manpower of large enterprises and SMEs, which have more experience in field experience than the founders.

Technical Trends of In Vitro Exposure System (전자파 세포노출장치 기술 동향)

  • Lee, Y.S.;Jeon, S.B.;Choi, H.D.
    • Electronics and Telecommunications Trends
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    • v.37 no.3
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    • pp.33-40
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    • 2022
  • Communication technologies are evolving to meet the ever-increasing demand for fast transmission speeds and large capacity. However, the introduction of new mobile networks, such as 5G, should be accompanied by changes in corresponding frequency and modulation techniques to enable the commercialization of its services. Hence, investigating the human health effects of electromagnetic exposures used in these new communication systems is crucial. Since in vitro electromagnetic experiments can provide essential information on important mechanisms of exposure effects, this article presents in vitro exposure systems necessary for reliable experiments. Moreover, the fundamental requirements for system implementation and the features of various systems are discussed.

The Newest Technology Development and Commercialization Status of Coal Gasification (석탄가스화 기술의 최신 개발 동향 및 상업화 현황)

  • Lee, Jin-Wook;Yun, Yongseung;Kang, Won-seok
    • Journal of Energy Engineering
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    • v.24 no.3
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    • pp.150-163
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    • 2015
  • Gasification technology is one of the representative next-generation fossil fuel utilization technologies, converting low grade fossil fuels such as coal, heavy residue oil, pet-coke into highly clean and efficient energy sources. Accordingly, related market demand for gasification technology is ever increasing steadily and rapidly. A few years ago, conventional pulverized coal utilization technology had an edge over the gasification technology but the most significant technical barrier of limited capacity and availability has been largely overcome nowadays. Futhermore, it will be more competitive in the future with the advancement of related technologies such as gas turbine, ion transfer membrane and so on. China has recently completed a commercialization-capable large-scale coal gasification technology for its domestic market expansion and foreign export, rapidly becoming a newcomer in the field and competing with existing US and EU technical leadership at comparable terms. Techno-economic aspect deserves intensive attention and steady R&D efforts need to continue in organized, considering that gasification technology is quite attractive combined with $CO_2$ capture process and coal to SNG plant is economically viable in Korea where natural gas is very expensive. In the present paper, recent technology development and commercialization trend of many leading companies with coal gasification expertise have been reviewed with significant portion of literature cited from the recently held '2014 Gasification Technology Conference'.

A Study on Supporting Small and Medium Enterprises for the Development of Offshore Wind Industry (해상풍력산업 발전을 위한 중소·중견 기업 지원 방안 연구)

  • Choi, Young-Moon;Choi, Jeongho
    • Journal of the Korea Convergence Society
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    • v.12 no.5
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    • pp.167-172
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    • 2021
  • In the situation where expectations for the growth potential of the domestic offshore wind market are increasing due to the bright growth prospect of the global offshore wind market and the motivated plan of the Korean government, domestic and foreign literature on the direction of offshore wind power generation are examined for the successful development of domestic offshore wind power, the introduction of offshore wind power is diagnosed, and improvement plans are presented for the wind power-related system being promoted by the government. In addition, practical support measures are suggested to foster related SMEs. The results of the study are as follows. First, as technology development is mainly focused on large corporations, the development capacity of small and medium manufacturing industry is very low. Therefore, it is necessary to establish and operate a core center led by government agencies to provide technical support with the initiative of national research institutes and large corporations, and universities and national research institutes should strengthen the independence of small and medium-sized enterprises through training and research and development of professional manpower. Second, as a result of the survey on the practical support plan of the company, it was found that there is a need for various support for technology development and commercialization of produced parts.