• Title/Summary/Keyword: Venture Certification System

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A Study on Applicability of Technology Grade to the Venture Certification System (기술등급(T등급)의 벤처인증제도 적용가능성에 대한 연구)

  • Lee, Jun-won
    • Journal of the Korea Management Engineers Society
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    • v.23 no.4
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    • pp.105-123
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    • 2018
  • The purpose of this study is to verify whether the technology grade, which is the result of technology appraisal by Technology Credit Bureau, can be extended and applied to the venture certification system. We confirmed that there was a significant difference in the average financial performance for three years after the certification and appraisal of the two groups after matching the venture certification enterprise group and the technology appraisal enterprise group in 2015 through the propensity score matching method. As a result, there was no significant difference in the financial performance of venture certified firms and technology appraisal firms, so we confirmed that the technology grade can be expanded and applied to the venture certification system. As a result of estimating the technology grade conforming to the venture certification system, it was concluded that technology outstanding firm(T1-T4) is a technology grade suitable for the venture certification system.

An Analysis of Venture Firms' Growth in Korea: Focusing on the Differences between 'Venture Certification Types' (벤처확인유형을 중심으로 한 벤처기업의 성장 분석)

  • Kim, Ki-Wan
    • KDI Journal of Economic Policy
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    • v.35 no.1
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    • pp.63-101
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    • 2013
  • 'Venture firms' in Korea are the firms who are certified as 'venture', whose certification types are defined by a law ('Special Law for the Support of Venture Firms'), and therefore encompass not only the venture capital-financed companies, which are usually regarded as ventures in USA and European countries, but also other types of firms such as R&D-intensive firms and the firms with financial guarantee or loans through technology evaluation ('technology finance or loan firms'). This paper examines the differences in the Korean venture firms' growth between the venture certification types. For the empirical analysis, this paper uses the lists of venture-certified firms from 1998 to 2010 which are then linked with their financial data in Korea Enterprises Database (KED). According to the results of empirical analyses, the companies in the 'venture capital-financed firms' type show greater growth rate in sales and the number of regular employees 3 and 5 years after first venture certification than the firms in type of 'technology finance/loan firms'. Moreover, the newly certified companies in 'R&D-intensive firms' type are also showing faster growth than the 'technology finance/loan firms' since 2003 where the venture industry has undergone a consolidation phase after the blast of so-called 'IT venture bubble' in 2001~2002. These results imply that the so-called 'venture firms' in Korea are composed with heterogeneous firm groups with different characteristics and that the companies selected through market mechanism ('venture capital-financed firms') outperforms the companies selected on the basis of policy interests ('technology finance/loan firms') in terms of the growth in sales and employment. On the basis of these findings, this paper suggests that the current venture-support policy should consider the different policy demands of firms across the type of venture certification more actively and that should refocus the objective of policies on facilitating venture capital market rather than emphasizing the nominal increase in the number of venture-certified firms.

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A Study on the Status and Direction of the Nursing Hospital Certification System (요양병원 인증제도의 현황과 방향에 대한 연구)

  • Park, Jong-won
    • Journal of Venture Innovation
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    • v.5 no.1
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    • pp.145-154
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    • 2022
  • This study briefly compares the first-cycle certification of nursing hospitals with the second-cycle certification, reviews the changes and achievements of the second-cycle certification and the third-cycle certification, and examples of challenges and solutions in the process of preparing the third-cycle certification. In this study, it is suggested as follows. First, in order to see the practical effect of certification intended by the government, the exhibition is prepared in a short period of time before certification. Second, after the implementation of the nursing hospital certification system, research on the hospital performance of the medical institution certification system is insufficient in terms of quality and quantity. Therefore, in order to see the effect on the certification system, various research support is also required so that research on this can be actively conducted. Third, design certification standard guidelines from a long-term perspective so that the standard guidelines for certification do not change significantly, and certify not only the guidelines but also individual standards and forms that can be used by medical institutions. Fourth, in the four-cycle certification, accurate and realistic guidelines for infection control and quarantine ward operation support should be developed. The importance of managing infectious diseases will be highlighted in the future due to COVID-19. Fifth, medical institutions can improve the quality of medical care in nursing hospitals and have competitiveness if their daily activities, not short-term certification preparation, are carried out in accordance with certification standards, which affects performance. Sixth, when preparing for certification, nursing hospital officials have problems in organizing documents or processing administratively in the short term as in the past. This is also based on the certification criteria for the usual business process.

A study on the Effect of the Venture Identification System on Productivity and Technical Inefficiency (벤처 인증의 생산 및 기술적 비효율성에 대한 영향 분석)

  • You, Yen-Yoo;Roh, Jae-Whak
    • Journal of Digital Convergence
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    • v.9 no.6
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    • pp.295-311
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    • 2011
  • The government is working out the development of a venture enterprise through a venture certification system. The broad effects of its policies are anticipated by the government and revealed in the 'The Survey on Actual Condition of Venture Enterprises 2010'. These benefits include the revitalization of start-up, promotion of technological innovation, progress in marketing ability, improvement in corporate image, financing and investment, and benefit from tax reduction & exemption. However, with the estimation of production function and sales function, which both uses capital and labor as a basic elements, it was found that only 'financing and ease of investment' produces a statistically significant effect on production and sales. An addition, this study looks into whether venture-supporting system are helpful to the eradication of technical inefficiency. The policies brought about positive changes in reduction of technical inefficiencies except with regard to the ease of start-up where it was found that an increase in inefficiencies was the result.

A Study on Knowledge of the developmental direction of Defense quality system certification program (국방 품질경영시스템의 발전방안)

  • Jeong, Ku-Kap;Lee, Ha-Yong;Yang, Hae-Sool
    • Proceedings of the Korea Information Processing Society Conference
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    • 2007.05a
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    • pp.256-258
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    • 2007
  • 본 연구는 모든 군수업체가 국방품질경영시스템 인증을 획득하여 군수품의 품질신뢰성을 확보하고 품질보증체제로 정착할 수 있도록 발전방안을 도출시키기 위하여 군수품의 품질보증절차와 품질특성을 분석하고, ISO 인증시스템과 국방품질경영시스템 인증시스템의 운영실태 파악하고 현상분석을 하여 그 대책을 도출하여 발전방안을 제시하였다.

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The Effect of Environmental Factors on Competency and Performance of Venture Companies: The Double Mediating Effect of Venture Firm Confirmation System Benefits and Venture Firm Internal Competencies (벤처기업에 대한 환경적 요소가 역량 및 성과에 미치는 영향: 벤처기업 확인제도 혜택과 벤처기업 내부 역량의 이중매개효과를 중심으로)

  • Park, Dain;Kim, Daejin
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.5
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    • pp.241-253
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    • 2023
  • In the current rapidly changing environment, each country continues to make efforts to create jobs and strengthen technological competitiveness. In particular, support and revitalization policies for venture companies and start-ups are known to play a role in increasing national competitiveness. Companies should make appropriate replacements amid growing uncertainties in the environment in which business life is shortened and customer needs are diversified due to intensifying competition. First of all, it is important for companies to make efforts to strengthen their internal capabilities on their own. However, venture companies lack internal resources and capabilities, so support from the external environment is important enough to lead to the survival of the company(Timmons, 1994). Financial support and certification systems are being operated at the national level to strengthen the competitiveness of companies. However, financial support can lower a company's self-sustainability depending on the situation, so non-financial support such as R&D support and start-up education is considered to be helpful in the long term for venture growth(Aghion et al., 2012; Jeon & Ko, 2021). Non-financial support is divided into commercialization, facilities, space, childcare, manpower, and certification systems, and this study confirmed the benefits of the venture company confirmation system, which is a certification system. To this end, the 2021 venture company precision survey data and venture company sales data were used, and analyzed using the SPSS 26.0 package and SPSS PROCESS MACRO. As a result of the analysis, it was confirmed that the level of the management environment of venture companies has a positive effect on the benefits of the venture confirmation system or increasing the level of venture company capabilities, but it is difficult to lead to actual management performance. In addition, it was confirmed that the level of venture company competency mediates the relationship between the level of the venture company's business environment and management performance. As a result, even if the level of the venture company's business environment is positive or venture-friendly, it can be said that companies with internal capabilities to digest support from the external environment increase management performance.

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A Study of Evaluation Certification on Electronic Power u-IT Convergence Equipment (전력 u-IT 융복합화 기기의 평가와 인증 연구)

  • Yi, Jeong-Hoon;Park, Dea-Woo;Bae, Suk-Myong;Kim, Eung-Sik;Kim, Hong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2009.10a
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    • pp.499-502
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    • 2009
  • Supply of electric power and electricity safety for whole system and network are essential element. Electricity safety technology need rating for product and research about certification as product development that is done cotton flannel mixed with development of u-IT technology consists. Study on serve to develop electricity safety integration supervision system to apply product to u-City electric power appliance and cotton flannel mixed of u-IT appliance, Connection badness sensing instrument made device built-in electric power IT cotton flannel mixed in outlet that is used most in electric power appliance terminal. Using sensor on ZigBee, RFID performance estimation of communication and module for remote safety check of electricity safety integration supervision system. A performance experiment and estimation in PD, Arc detection diagnosis system and certification KS, electricity safety about product that get fitness finding.

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Effects of the Innovative Company Certification System on Technological Innovation Activities and Performance of SMEs (혁신형 기업 인증 제도가 중소기업의 기술적 혁신 활동과 성과에 미치는 영향)

  • Yoo, Hyoung Sun;Jun, Seung-pyo;Kim, Ji Hui
    • Journal of Korea Technology Innovation Society
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    • v.20 no.4
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    • pp.1212-1242
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    • 2017
  • In this study, the effectiveness of the innovative company certification system, which is one of the important means of the SME innovation promotion policies, was examined in terms of technological innovation activity and performance. To this end, we used the results of 'SME Technology Statistical Survey' conducted by the Small and Medium Business Administration and the Korea Federation of Small and Medium Business in 2013~2015 to compare the innovative SMEs that have received the certifications such as Venture Certification, Innobiz Certification, and Mainbiz Certification with the general SMEs that did not. As a result, it was found that the innovative SMEs have comparative advantage in many detailed indicators related to the technological innovation activity and performance. However, the ratio of external use of R&D expenditure, the number of technology development attempts and the number of successes were not different according to the survey year, so it is necessary to strengthen the follow-up management of the system. On the other hand, the proportion of self-procurement R&D expenditure of the general SMEs was significantly higher than that of the innovative SMEs in all three-year surveys. Therefore, it is necessary to regulate the government funding for the innovative SMEs to be used as a complementary material, not as a substitute for their own R&D investment. In addition, the technological innovation activity and performance of a company were more influenced by the size of the company and the participating industry rather than by the certification, so it is necessary to consider it when establishing the technology innovation promotion policies.

Setting a weights of Management Innovation Business evaluation index with AHP (AHP를 활용한 경영혁신형중소기업 평가지표 가중치 설정)

  • Shin, In-Hwa;Kim, Won-Joong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.3
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    • pp.150-157
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    • 2007
  • Certification about management innovation business (Mainbiz) was added in 2006 newly along with existent technical innovation business certification (Innobiz) and venture business certification with government's policy connected with reform style small and medium enterprises 30 thousand upbringings. Drew dividing management innovation business evaluation figure by manufacturing industry and service industry through leading study, gives weight by industry about drawn evaluation figure and must give estimation point of suitable level. This studies judge importance about evaluation figure by industry and consider priority order by evaluation figure using AHP (Analytic Hierarchy Process) that use expert group and gave point.

A Korean Food Safety Management System(FSMS) Based on the Premises of ISO 22000 (ISO 22000 국제규격 제정에 따른 한국형 식품안전경영시스템(FSMS) 구축모델과 적용방안)

  • Moon, Jae-Sung;Yoo, Wang-Jin;Lee, Cheol-Gyu
    • Journal of Korean Society for Quality Management
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    • v.33 no.3
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    • pp.41-46
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    • 2005
  • The production, processing, sale and service of food materials are not subject to attainment via a single country. In accordance with internationalization of the world, issues related to food safety have emerged as critical international concerns and they are closely associated with the health and interest of domestic consumers, producers, manufacturers, and distributors. As a third party certification standards, ISO 22000 is in progress International Organization for Standardization(ISO) and the Draft International Standard(DIS) has already been presented on December 2004. The purpose of this study is to analyze the international standards, guidelines and legislation in regard of Food Safety Management System(FSMS) including ISO 9001, Hazard Analysis Critical Control Point(HACCP) and Product Liability(PL) so as to present Korean-model Food Safety Management System requirements and system establishment model.