• Title/Summary/Keyword: Technology spillover effects

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Containing China versus Choking the Asian Economy

  • Inkyo Cheong;Byeongho Lim;Yeri Ryu
    • Journal of Korea Trade
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    • v.27 no.5
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    • pp.137-152
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    • 2023
  • Purpose - Although many existing studies on the US-China hegemonic conflict and decoupling have been published, most of them are qualitative and use descriptive analysis methods. Papers that quantitatively analyzed decoupling mainly estimate the effect of a tariff increase. However, this paper quantitatively analyzed the ripple effect by focusing on decoupling technology spillover between the United States and China. And, for the first time, it was suggested that the blocking of technology spillover could give a fatal blow to the East Asian economy as well as China. Design/methodology - The United States is pursuing decoupling with China, primarily in goods trade and blocking technology transfer. This paper sets up various scenarios and uses three computational general equilibrium (CGE) models to analyze the overall ripple effects of decoupling. A paper using the three CGE models for decoupling ripple effect analysis has not yet been published. Findings - Decoupling will hit the economies of regions with close economic ties to China more than others. According to simulation results of this study, the Chinese economy may suffer severe damage that is difficult to recover from, and the economies of Asian countries are predicted to deteriorate to the point of being choked. Originality/value - Existing papers that assessed the effect of decoupling mostly focus on estimating the effect itself through tariff hikes. This paper is meaningful in that it comprehensively analyzed decoupling by adding the effect of technology spillover blockade. In addition, another meaning can be found in that it quantified for the first time that it will deal a huge blow to the extent of choking the East Asian economy as well as China.

Hydrogen Storage Capacities of MOF-5 and Microporous Carbon: Effects of Pt Loading and Hybridization (MOF-5 및 마이크로다공성 카본의 수소 저장 성능: Pt 첨가 및 하이브리드화의 영향)

  • Yunatri, Rika Tri;Suh, Dong-Jin;Suh, Young-Woong
    • Transactions of the Korean hydrogen and new energy society
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    • v.19 no.5
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    • pp.377-385
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    • 2008
  • In this study, we demonstrated that, although hydrogen molecules can be adsorbed onto the adsorbent such as MOF and MC itself, the loading of noble metal such as Pt is necessary to enhance the $H_2$ storage capacity since $H_2$ molecules can be dissociatively adsorbed on Pt metal and migrated to high-surface-area adsorbent via the primary spillover. In addition, the hybrid material have been prepared coupling MOF-5 with Pt/MC through carbon bridges formed by sucrose polymerization/carbonization. That this material showed the highest $H_2$ uptake at room temperature and about 100 bar is believed to be associated with the secondary spillover effect. Thus, such a strategy is very promising in developing $H_2$ storage technology using porous adsorbents. However, further experiments should be carried out to explore the choice of bridge carbon, the hybridization method, the dispersion technique of noble metals, etc.

An Empirical Analysis on the Diffusion Impact of IT Technological Knowledge (정보통신 기술지식의 파급효과에 대한 실증분석)

  • 조형곤;박광만;이영용;박용태;김문수
    • Journal of Technology Innovation
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    • v.8 no.1
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    • pp.73-94
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    • 2000
  • The main objective of this research is to examine the spillover effects of technological knowledge from IT industry to other industrial sectors and, based on empirical findings, to draw policy implications and suggest policy directions. To this end, we divide IT industry into IT equipment and IT service, assuming that these two sub-sectors are considerably different each other in terms of technology knowledge flow. Other industries are classified into 17 different sectors based on the KSIC of 1990. As the proxy measure of technological knowledge, the notion of R&D stock is employed. The Input/output(I/O) Table is used to define the inter-industrial flow pattern and to draw the knowledge flow matrix. As the research methodology, cost function model is employed to gauge the spillover effects of technological knowledge of IT industry. Based on the results of analysis, it is found that the economic impact of technology diffusion also exhibits a different pattern between IT equipment and IT service. The diffusion of IT equipment tends to show labor-substitution effect whereas IT service displays labor-creation effect. This fact should be considered in devising industry, education, and labor policy. The expectations from this research are as follows. First, the sectoral pattern, difference between IT equipment and service in particular, identified from this research may shed light on the sector-specific policy direction. It is emphasized that a sector-specific approach, rather than an aggregate approach, is relevant for formulating IT policy. Second, it is expected that the importance of technology diffusion programs and policy measures are recognized among policy makers in IT industry.

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SUBOPTIMAL VIBRATION CONTROL OF FLEXIBLE ROBOT BEARING SYSTEM BY USING A MAGNETIC BEARING

  • Lee, Chong-Won;Kim, Jong-Sun
    • 제어로봇시스템학회:학술대회논문집
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    • 1989.10a
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    • pp.255-259
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    • 1989
  • A suboptimal output feedback controller is designed and applied to a flexible rotor bearing system in order to control the unstable or lilghtly damped vibrations. The reduced order model is the truncated modal equation of the distributed parameter system obtained through the singular perturbation. The instability problem arising from the spillover effects caused by the uncontrolled high frequency modes is prevented through the constrained optimization by incorporating the spillover term into the performance index. The efficiency of the proposed method is demonstrated experimentally with a flexible rotor by using a magnetic bearing.

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Economic Spillover Effects of e-Receipts in South Korea (전자영수증 확산의 경제적 파급효과 분석)

  • Jun, Hyo-Jung;Kim, Tae-Sung
    • Journal of Information Technology Services
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    • v.17 no.2
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    • pp.35-47
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    • 2018
  • An electronic receipt (e-receipt) is a receipt issued electronically in place of a traditional paper receipt. This e-receipt, which can be accessed on a smartphone or online, allows for the exchange of goods, refunds, and other services without a paper receipt. The government is focusing on widespread dissemination of e-receipts to realize a society without paper by 2020. Introduction of the e-receipt has begun in mainly large marts and coffee shops, and recently, major franchise convenience stores. As a result, individual customer's transactions are being converted into electronic transactions, and the payment methods are changing to card-based electronic payment services or prepaid electronic payment services. The number of non-paper commercial transactions are also on the increase. In this paper, we try to identify the e-receipt industry ecosystem by analyzing the industries and markets participating in the process of receipt issuance from the perspectives of storage, management and disposal, and to analyze the domestic industrial and social economic effects expected from the spread of electronic receipts.

Nonlinear Relationship Between Technological Entrepreneurship and National Competitiveness: The Moderation Effect of Innovation-driven Economy

  • Yang, Seung-Lin;Kim, Yong-Shin;Chung, Doohee
    • Journal of Technology Innovation
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    • v.27 no.3
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    • pp.113-142
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    • 2019
  • Based on the Knowledge Spillover Theory of Entrepreneurship, this study analyzes the relationship between technological entrepreneurship and national competitiveness. It also analyzes how innovation-driven economy moderates this relationship. Using data on technological entrepreneurship, national competitiveness indexes and economy development stages from 83 countries over 2011 to 2014, this study finds that a ratio of technology-based start-ups in a country has a U-shaped relationship with national competitiveness. this study also finds that countries that are in the innovation-driven economy strengthen this relationship. This finding shows that a higher ratio of technology-based start-ups of a country does not have unconditional positive effects on national competitiveness, thus, related environments and conditions should be elaborately matched. In particular, this finding also implies that policies related to technology-based start-ups should have a proper fit with the level of economic development of the country so that the positive effects of technological entrepreneurship on national competitiveness can be strengthened.

An Analysis about Impact of Smart Home manufacturing and service Industry on National Economy (스마트홈 제조업과 서비스업의 국민경제적 파급효과 분석)

  • Kim, Kyunam
    • Journal of Technology Innovation
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    • v.28 no.4
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    • pp.97-126
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    • 2020
  • This study evaluated its potentials by quantitatively analyzing the national economic impact of the smart home-related industry, which is attracting attention as a core industry of the 4th industrial revolution. For the analysis, the smart home-related industries were classified into manufacturing and service industries through a literature review of the previous studies. Using the 2018 input-output table, this paper analyzed linkage effects between industries as well as spillover effects in the production, value-added, employment and job. As a result, the smart home manufacturing and service sectors showed a higher spillover effect in value-added than other industries in each industrial field. In the smart home industry, the spillover effects of manufacturing sector to service sector are larger than those of service sector to manufacturing sector. Moreover, it was confirmed that smart home industry was highly related to not only the technology-intensive industry, but also the service sector for smart cities, smart cars, Fin-tech, and etc. On the other hand, the smart home manufacturing sector is a final demanding industry with relatively higher backward linkage effect than forward linkage effect. In the smart home service sector, the forward linkage effect was relatively high compared with the backward linkage effect, indicating that it was an industry with a high supply function to other industries.

The Benefits of Digital Platform on Complementors: A Systemic Review of the Literature (디지털 플랫폼과 보완자의 효익에 관한 연구 동향 분석)

  • Kim, Juhee;Kim, Dohyeon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.16 no.3
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    • pp.159-175
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    • 2021
  • Business ecosystem is becoming more inclined towards platform ecosystem, which attracts multi-side participants based on digital technology. The burgeoning interest in digital ecosystem leads to the rapid rise of research. In this paper, we suggest a research agenda, focusing on the benefits of complementors in platform ecosystem. First, we outline the extant papers on benefits from platform to participants from economic perspective, strategic management perspective, technology management perspective, and economic sociological perspective to provide comprehensive understanding about platform ecosystem. Second, we suggest systemic framework to provide integrative insights on the the topic of benefit from platform to complementors- (1) open innovation view, (2) economic performance view, and (3) sociological view. Specifically, we focus on empirical studies that investigate the relationship between the benefits from platform and spillover effects on complementors based on various dataset. In addition, by reviewing the past empirical research, we suggest future research agenda and implications for policy in platform ecosystem.

Study on Selection Methodology of Applicable Prospective Civil Information Security Technologies in Defense Cyberwarfare Sector (국방 사이버전 분야에 적용 가능한 유망 민간 정보보호 기술 선정 방법론에 대한 고찰)

  • Lee, Ho-gyun;Lim, Jong-in;Lee, Kyung-ho
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.25 no.6
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    • pp.1571-1582
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    • 2015
  • This paper suggests a methodology for linking technology classification of nongovernmental information security field and technology classification of cyber-warfare in national defense field. Based on this methodology, Multi-Attribute Utility Theory(MAUT) is applied for the purpose of selecting promising nongovernmental technology that is worthy of later introduction or development. After studying the result of the survey regarding the research progression plan of the selected promising technology, the following three facts are discovered: Firstly, the greater the social spillover effect, the greater the need for the government lead R&D. Secondly, among the spillover effects, the social aspect has the highest correlation with respect to the need for the government lead R&D, while the economical aspect and the technological aspect come in the second and the third place, respectively. Finally, according to the correlation analysis, the defense application and the technological importance do not affect the subject of investment or the subject of development. This indicates that even though the R&D for technology with high social spillover effect should be lead by the government, the subject of the investment or the development cannot be determined solely by factors such as military application and technological importance.

Effects of Intra-industry Labor Mobility on Firms' R&D Intensity (산업내 전직율이 기업 R&D 투자에 미치는 영향에 대한 연구)

  • Kim, Do-Yeon;Seong, Tae-Yun;Lee, Chang-Yang
    • Journal of Technology Innovation
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    • v.16 no.2
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    • pp.1-16
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    • 2008
  • This paper shows that labor mobility is positively related to R&D intensity at the industry level in Korea. Different from the perception based on individual firm-level studies arguing that firms can be reluctant to R&D in fear of the job transfer of employees, firms in industries which have high job transfer of employees turn out not to reduce investment in R&D. This result is also confirmed by 2SLS regression. This result supports that, if there exist spillover effects through the job transfer of employees, job transfer can positively contribute to R&D activities.

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