• Title/Summary/Keyword: Technology Innovation(Product Innovation, Process Innovation)

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Reducing Inventory and Improving Productivity : Evidence from the PIMS Data

  • Kim, Taek-Won
    • Journal of Technology Innovation
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    • v.6 no.1
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    • pp.187-214
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    • 1998
  • This paper tries to examine the effectiveness of inventory reduction to the productivity increase and the impact of production environments on its effectiveness utilizing the Profit Impact of Market Strategy (PIMS) Database from the Strategic Planning Institute, a large data set that covers a variety of manufacturing activities from the early 1970s to late 1980s. The empirical results of this paper support the robustness of the principle of "Lean Production" or JIT system (also referred to as "Stockless Production"). We also find that the overall environment in which manufacturing strategic business units operate is an important factor in determining the different degrees of effectiveness of the work-in process (and raw materials) invertory reductions. In particular, we find that the effectiveness of the work-in process reduction varies according to the position in the product life cycly as well as the complexity and characteristics of the production processes.roduction processes.

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Commercialization of Bioinformatics: Importance of External Integration (바이오인포매틱스 제품의 상용화 : 외부통합의 중요성)

  • Soh, Hong-Seok;Choung, Jae-Yong
    • Journal of Technology Innovation
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    • v.12 no.3
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    • pp.229-258
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    • 2004
  • To promote successful bioinformatics commercialization in terms of CoPS, we try to explore a commercialization process based on the characteristics of the product. Our study shows that external integration with sector-specific infrastructure is a critical factor to obtaining a knowledge base for CoPS commercialization, and that sector-specific local infrastructure is useful resource for early commercialization stages(imagining, incubating, and demonstrating stages). This paper analyzes Ensoltek's commercialization process on the basis of analysis of bioinformatics industry and Daeduck Science Park. This leads us to suggest the following policy implication for supporting commercialization activities in bioinformatics industry ; long-term investment policy towards infrastructure and software R&D, promotion policy for collaboration, and introduction of commercialisation based industry-university-public research institute cooperation.

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The Effect on Technology Innovation Performance of Private-Public R&D Cooperation of ICT SMEs: Focused on Collaboration with Government-funded Research Institutes (ICT 중소기업의 산·연 R&D협력이 기술혁신성과에 미치는 영향: 출연연구기관과의 협력을 중심으로)

  • Park, Wung;Park, Ho-Young;Yeom, Myoung-Bae
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.6
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    • pp.139-150
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    • 2017
  • In Korea, small and medium-sized enterprises (SMEs) play an pivotal role in the national economy, accounting for 99.9% of all enterprises, 87.9% of total employment, and 48.3% of production. In spite of their crucial role in the national development, most of SMEs suffer from a lack of R&D related resources. Public R&D organizations such as government-funded research institutes can provide SMEs with valuable supplementary technological knowledge and help them build technological capacity. In this regard, this study estimated the effect of internal R&D investment and private-public R&D cooperation on technological innovation of ICT SMEs based on 2016 ETRI Survey. Building on previous literatures, the study established and tested a research model using binary logistic regression analysis. First, internal R&D investment and preferences for open innovation demonstrated the strengthening of R&D collaboration. Second, internal R&D investment and R&D cooperation showed a positive effect on both product and process innovation. Therefore, internal R&D capability and taking advantage of R&D collaboration are needed to achieve technological innovation for SMEs in ICT sector. This study also discuss implications for encouraging private-public R&D cooperation.

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IT 바탕으로 한 ′기술수렴′(Technological Convergence)과 기술추격의 장애: 기계 제어 컴퓨터 사례

  • 임채성
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2001.05a
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    • pp.411-430
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    • 2001
  • This Paper analyses characteristics of the numerical controller industry in market formation and the flow of information between users and producers and the characteristic of knowledge base of the industry and discusses the difficulties derived, from the characteristics, in accumulation of technological capability In market formation between users and producers, the multi-layered market is not favorable to domestic producers in that lower end market is not large enough to provide cradle market to them which produce inferior quality and lower price than imported products. The credibility of the performance of a product is difficult to prove until a critical mass of products are sold. Therefore gaining market share is deterred by unproven credibility of the performance of the product. The flow of information between users and producers is limited. The flow of information on users environment through mass market to producers is essential for improving credibility of a product. The nature of knowledge base is tacit and the means of knowledge transmission is limited. Technological licensing and reverse engineering, which have been conventional means of knowledge transmission, are not useful in the numerical controller industry. These characteristics provide conditions of vicious circle in accumulation of technological capability of the numerical controller industry. It is conjectured that these characteristics are derived from the fact that the numerical controller is the result of IT based technological convergence in controlling machining process. This paper argues that these characteristics of the industry challenges existing approach to R&D management and framework of science and technology Policy.

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An Equilibrium Diffusion Model of Demand and Supply of New Product and Empirical Analysis (신기술 제품의 확산에 관한 수요$\cdot$공급의 균형확산모형과 실증분석)

  • Ha, Tae-Jeong
    • Journal of Technology Innovation
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    • v.13 no.1
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    • pp.113-139
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    • 2005
  • The purpose of this study is to analyse the diffusion process of personal computer (PC) in Korea during the 1990's. To achieve the goal, five research steps have been done such as the literature survey of diffusion theory, set-up of theoretic equilibrium model of supply and demand, derivation of an equilibrium path using Hamiltonian, and empirical analysis. The empirical analysis has been performed based on that equilibrium path. The results can be summarized as follows : First, technological attribute of diffusing product influences the diffusion speed of Product. It has been proven that the size of the network has a significant effect on the diffusion of PC in empirical study Second, supply factors have an important role in the diffusion process. According to the empirical analysis, decreasing cost of production as a result of technological advance promotes the speed of diffusion. This point seems to be manifest theoretically, but existing empirical models have not included supply factors explicitly, Third, it has been found out that expectation of decreasing cost would influence the speed of diffusion negatively as expected ex ante. Theoretically this result is supported by arbitrage condition of purchasing timing.

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Strategies for Building up Capabilities in the Korean Aircraft Sub-systems Industry (우리나라 항공기 부품산업의 현황과 발전전략)

  • 황진영;최수미;정성훈
    • Journal of Korea Technology Innovation Society
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    • v.6 no.4
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    • pp.551-568
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    • 2003
  • The aircraft industry is a typical complex product system (CoPS) and one of the system integration industries. In this particular sector, industrial competitiveness is decided by technological capabilities in system level as well as subsystem level. Korea has been involved in the aircraft industry since early 1970s. Technological capability in the system level has been developed based on military aircraft production program. However, subsystem and component level capabilities have been remained less developed. In this paper, the capability building process as well as current problem; of the Korean aircraft industry have been examined. In conclusion, capability building up strategies in the Korean aircraft industry has been suggested.

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External Technology Acquisition of SMEs in the Machinery Industry of Bangalore

  • Subrahmanya, M.H. Bala;Hussain, Zeeshan;Chand M., Ashwin
    • Asian Journal of Innovation and Policy
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    • v.3 no.1
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    • pp.50-71
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    • 2014
  • This paper is an attempt to understand the external technology acquisition (ETA) process of the machinery SME sector in Bangalore city, India. With the onset of economic liberalization, Bangalore based machinery SMEs have significantly shifted their ETAs from India to abroad, particularly Germany and Japan, among others. The primary objective of ETAs is to enhance their competitiveness by means of improving product quality and productivity as well as meeting customer demand. Replacing outdated machinery or overcoming technological obsolescence is a primary objective of only a few. As a result, majority of the SMEs has gone for multiple ETAs since their inception and we found a statistically significant positive correlation between firm age and number of ETAs. The present study has made two empirical contributions: (i) We have thrown light on the core technology up-gradation issue - How do SMEs approach the problem of external technology acquisition in the current globalization era? (ii) We are able to identify and develop a map of ETA process based on the "learning and experiences" of these SMEs.

The Effects of Resource Inputs on Business Performances in Korean Environmental Companies Conducting R&D : Focusing on the Mediating Effect of Innovation (한국 R&D수행 환경기업의 자원투입이 경영성과에 미치는 영향 : 혁신의 매개효과를 중심으로)

  • Kim, Geun-U;Ryu, Jae-Ho;Park, Jung-Gu
    • Journal of Energy Engineering
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    • v.28 no.4
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    • pp.61-75
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    • 2019
  • This article analyzed the direct impact of resource inputs on business performances of Korean environmental companies conducting R&D, and the mediation effects of product-, process-, organization-, marketing-innovations between resource inputs and business performances. We conducted the mediation analysis using SPSS and Process Macro, based on a survey data from the Korean environmental companies. The article found that ① resource inputs have directly had a positive impact on business performances, and ② innovations have mediated them. ③ But among 4 types of innovations, the only mediation effect of organization-innovation has been verified, and the others have not appeared. Considering the above results, the following policy implications can be suggested. ① It is necessary to reinforce related policies so that companies can improve business performances through innovation. ② The government needs to carry out the prudent supporting policies so that innovations in product, process, and marketing can lead to business performances. This article has the limitation of using the survey data, and needs further researches on the sectoral system of innovation for Korean environmental industry.

Knowledge Transfer between Users and Producers in the Accumulation of Technological Capability

  • Lim, Chai-Sung
    • Journal of Technology Innovation
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    • v.13 no.2
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    • pp.179-205
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    • 2005
  • This study reveals that the user industry has a limited role in being a source of technological capability in the case of the machine tool industry in Korea where the user industry is relatively more advanced than other capital goods industries. This study examines the sources of technological capability in terms of migration of workforces and flow of product development knowledge. Although the capital goods sector is generally regarded as being the sector where user-producer interaction is important, the user industry is not the seed-bed of technological capability for machine development. Users and producers interact in terms of expressing 'needs', mainly in the form of specifications. As a result of receiving unique specifications from users, the producer learns to react by making specific customised special purpose machines. The user's specification could include information o the imported machine originally used. When confronted with technical problems in developing a new machine, the producer accesses foreign sources of knowledge. This study's finding reveals that users of special purpose machines have a significantly clearer role in providing specifications than do users of general purpose machine tools. Most intensive interactive learning between users and producers in the production process is found in special purpose machine tools. From the empirical findings, policy implications are discussed.

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A Study on the User Empowerment and User Innovation in Game Industry -Focusing on Online and PC Game- (게임 이용자 권한부여에 기초한 이용자 혁신 연구 - 온라인.PC Game을 중심으로 -)

  • Ham, Jung-Ho;Kim, Won-Joon;Ryu, Seoung-Ho
    • Journal of Korea Game Society
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    • v.10 no.6
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    • pp.67-78
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    • 2010
  • Game is the cultural product, which gives users high authority in usage process with its high interactivity. This study is about the user innovation based on customer empowerment, and the possibilities to change the game itself applying high activity of the game. Especially, game modification, which users transform the original game, is an example that the interactivity and changeability of game are maximized. However, these elements were not considered when constructing frameworks to investigate the competition and strategy in game industry. Therefore, this study is based on the customer empowerments of the game modification. Moreover, this study proposes the newly reorganized strategic group map in game industry, which is based on game user innovation and user evaluation.