• 제목/요약/키워드: innovative growth

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The Formation of Innovative Clusters in Kazakhstan: Analysis and Methods for Identifying Specialization

  • Kireyeva, Anel A.;Nurlanova, Nailya K.
    • The Journal of Asian Finance, Economics and Business
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    • 제1권1호
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    • pp.23-30
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    • 2014
  • The aim of this research is theoretical and methodological approaches to the necessity of formation of innovation clusters as growth poles on the basis of statistical analysis and identification of specialization. In this research, we used methods, which will allow to analyze of innovative processes and to identify of prospective branches of specialization of the formation of innovative clusters in the spatial context. Keeping with the previous literature, the present study is determined by the novelty of the problem, concerning the formation and development of innovative clusters as growth poles, as well as large specifics of problems in our country in the framework of use of innovative clusters. An analysis was showed that Kazakhstan's regions have substantial differences in the groups of regions for most of the indicators have presented form a tightly located clusters and in the ratings of innovative susceptibility and innovative activity. This research has some practical implications, which have proved that innovative clusters become platforms as growth poles for introduction of advanced technologies, development of innovative companies, thereby providing a certain stability of the economy of the regions.

Foreign Income Growth and Analyst Forecast Optimism

  • Cho, Hyejin;Ahn, He-Soung
    • 동아시아경상학회지
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    • 제7권1호
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    • pp.17-25
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    • 2019
  • Purpose - The international market provides a growth momentum for firms by allowing them to tap into a new market. Given information asymmetry between firms and financial analysts, firms' international growth can be perceived as a higher business prospect by analysts. This paper explores the possibility of analysts' over-emphasis on foreign income growth in predicting earnings. Research design, data, and methodology - We utilize a sample of U.S. firms to test the relationship between foreign income growth and analysts' forecast optimism. Our sample of publicly listed and traded U.S. firms between 1976 and 2016 consists of 6,120 firm-year observations. Results - Empirical analyses show that firms that show higher international growth in earnings are likely to face forecast inaccuracy by financial analysts. From the perspective of firms, their earnings are less than what analysts forecasted. Contrary to our prediction on the moderating effect of innovative capabilities, optimistic bias is not intensified - rather, it is reduced - when firms have higher innovative capabilities. Conclusions - Our results imply that while analysts favor firms with higher international growth, innovative capability on the international market places additional risks to firms' operation.

Impacts of Innovative EU Companies on Smaller Emerging Markets under an Open Economy

  • Seo, Dae-Sung
    • 유통과학연구
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    • 제12권10호
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    • pp.37-45
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    • 2014
  • Purpose - This study aims to analyze the relationship between trends in innovative EU industries and market distribution in smaller emerging markets under an open economy. Research design, data, and methodology - Although innovation was well-distributed, due to socio-economic factors following European integration, CEE had not achieved sustainable economic growth. However, this paper analyzes the differences among changes in CEE innovation for smaller emerging markets dominated since 2000. Market distribution has facilitated new markets for innovative industries, according to EU surveys and economic indicators. Results - The dominance of the local industrial market distribution has deterred innovation investment the survey shows that innovation investment has been shrinking, despite the EU's open innovation policy for CEE employment and R&D. For the CEE case, there were expectation gaps and uncertainty about whether to use the new distribution dominance or TNCs' innovation in smaller emerging countries without local industrial innovation. Conclusions - Innovation generates market growth and distribution power however, small growth requires stimulation, and creativity and innovative edge need further focus in local public and corporate strategy.

Outsourcing as a Modern Form of International Labor Division

  • Kiptenko, Viktoriia;Razumova, Oleksandra;Boriushkina, Oksana;Romanova, Vera;Negoda, Anna
    • International Journal of Computer Science & Network Security
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    • 제21권8호
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    • pp.43-50
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    • 2021
  • For the implementation of innovative products or services companies use different innovation strategies, in particular, outsourcing is quite widespread, given the high level of specialization and professionalism of companies that provide such services. The aim of this article was to evaluate the link between outsourcing of innovative activities and indicators of companies' efficiency. The methodology of the research includes the methods of correlation analysis and regression analysis to reveal the correlation between the use of outsourcing of innovative products and services and the turnover of the EU enterprises. The results show a high level of innovative activity of EU enterprises (50.3% innovatively active). Innovative business processes are the most widespread form of innovation activity (41% of enterprises implement business processes, and the indicator is higher than 41% in the most developed EU countries). The turnover of enterprises with new or substantially improved products was found to grow by 10.92% for the period 2016-2018. The correlation analysis shows weak direct links between the indicator of turnover growth and the number of enterprises that have independently implemented innovations, or have implemented innovations jointly with third-party companies, or using outsourcing services. The highest level of direct connection was found between the growth of turnover of enterprises that launched a new product for the market and the growth of the number of enterprises that implemented innovations with the involvement of organizations (correlation 0.273). Based on the regression analysis it was found that with a 1% change in the growth rate of the number of innovation-active enterprises, the growth rate of turnover from new or improved products increased by 5.67%. At the same time, with a 1% change in the growth rate of the number of enterprises that implement innovation through outsourcing, the growth rate of turnover from new or improved products will increase by 7.15%.

정부 R&D 지원이 민간 R&D 투자에 미치는 영향: 혁신성장동력 정책을 중심으로 (The Effects of Government R&D Support on Private R&D Investment: Evidence from Innovative Growth Engine Policies)

  • 구본진;이종선
    • 아태비즈니스연구
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    • 제12권3호
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    • pp.281-294
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    • 2021
  • Purpose - The purpose of this study was verifying the policy effects by field of innovative growth engines, focusing on the discussion of the relationship between government support and corporate R&D activities (substitute/complementary goods), and based on the results, policy recommendations for promoting private R&D were carried out. Design/methodology/approach - Through literature research, academic/theoretical discussions about relationship between government support and corporate R&D activities were synthesized. Next, survey data were collected for companies engaged in the field of innovative growth engines and empirical analysis was conducted on the relationship between government support and R&D activities in 13 major sectors. Findings - First, as a result of analyzing all companies regardless of sector, government R&D subsidies had a positive (+) relationship with R&D activities of companies engaged in innovative growth engines, that is, a complementary relationship. Next, as a result of performing empirical analysis by dividing the 13 fields, it was found that 9 fields were complementary goods in which government support had a positive (+) effect on the R&D activities of companies. On the other hand, in the remaining four fields, the effect of government support on corporate R&D activities was not statistically significant. Research implications or Originality - In order to promote R&D activities of companies in the 9 fields where government support acts as a complementary product, it is necessary to establish policies centered on direct government support. On the other hand, it would be more desirable to seek indirect support rather than direct support in the 4 fields where government support did not have a statistically significant effect on corporate R&D activities.

Methodological Approaches to Estimation of Economic Growth and Sustainable Development: Kazakhstan's Experience

  • NURLANOVA, Nailya K.;OMAROV, Akedil K.;SATPAYEVA, Zaira T.
    • The Journal of Asian Finance, Economics and Business
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    • 제7권4호
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    • pp.317-324
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    • 2020
  • The study aims to analyze the theoretical background of the economic growth and sustainable development; systematization of scientists view on monitoring and economic and innovative evaluation, analysis and diagnosis of factors affecting these processes. Rating characteristics of the level of innovative resources development obtained based on the comparative analysis of Kazakhstan regions. Calculations were done based on official statistics during 2010 and 2015-2017. Based on obtained data there has been grading of the country regions and their ratings were determined by the level of development of innovative resources. This research identifies areas and mechanisms to ensure balanced sustainable development of the national economy. The findings suggest that sustainable development of the state is affected by the innovative activity of the regions, the sustainable development of which is ensured by innovative enterprises. Transition to the model of sustainable territorial development involves the formation of such conditions and the use of mechanisms under which the natural base of this development is not destroyed, the environment suitable for human existence is preserved and reproduced. The findings of this research support for pursuing a national policy of reducing regional imbalances, and promoting a more balanced and sustainable development of the whole country.

일·성장 균형(WGB:Work-Growth Balance)은 혁신 행동을 향상시키는가?: Process Macro를 활용한 대인 조화와 창의적 노력의 간접 효과를 중심으로 (Does WGB (Work-Growth Balance) Improve Innovative Behavior?)

  • 탁경운;서상혁
    • 기술혁신학회지
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    • 제20권3호
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    • pp.754-780
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    • 2017
  • 본 연구는 일과 삶의 균형(WLB:Work-Life Balance)의 한 영역인 일 성장 균형(WGB: Work-Growth Balance)이 대인 조화와 창의적 노력 및 조직 내 혁신 행동을 향상시키는지 여부, 그리고 대인 조화와 창의적 노력이 일 성장 균형(WGB)과 혁신 행동 간의 관계에 간접 효과가 있는지 여부를 알아보기 위해 수행되었다. 본 연구의 가설 검증을 위해서는 Hayes(2013)의 PROCESS Macro를 활용하였다. 분석결과 혁신행동에 영향을 주는 것은 일 성장 균형(WGB)과 대인조화 그리고 창의적 노력으로 나타났고 대인조화에 영향을 주는 변수 역시 일 성장 균형(WGB)으로 나타났다. 또한 창의적 노력에 영향을 미치는 변수는 일 성장 균형(WGB)과 대인조화였다. WGB와 혁신행동 사이의 관계에서 대인조화와 창의적 노력의 간접 효과 역시 확인되었다. 더불어 PROCESS Macro 분석을 통하여 매개변수 간의 효과의 크기를 알아보았다. 이를 통해 일 성장 균형(WGB)이 대인조화, 창의적 행동 및 혁신행동 간에는 시너지 관계가 존재함을 알 수 있었다. 향후 다양한 다른 산업 간의 일 성장 균형(WGB)에 대한 연구와 일 성장 균형(WGB)과 혁신행동에 이르는 좀 더 다양한 매개변수에 대한 연구 그리고 일 가정 균형, 일 여가 균형에 대한 추가 연구도 기대된다.

Sweden at the Innovation Frontier - Assessing Performance and Challenges in a Disruptive World

  • Deiaco, Enrico;Bager-Sjogren, Lars
    • STI Policy Review
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    • 제3권2호
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    • pp.1-46
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    • 2012
  • The paper assesses the innovative performance and challenges that a small innovative country like Sweden faces in an era of intense global competition. We contrast innovative performance with similar countries in Europe as well as discus the reliability and validity of indicators used to shape policy development. The conclusion from the analysis shows that available input-output indicators must be used with some caution. Even if the supply and quality of indicators has increased for policy analysis, they still lack precision and validity to make broad claims about the innovative performance of companies and nations. It is argued that understanding knowledge flows (rather than simple input-output metrics) are a key to understand innovation processes for small countries at the innovation frontier; subsequently, small countries will have to abandon failed policy orthodoxies in order to cope with future policy challenges.

혁신성장동력으로 자율운항선박 및 기술개발(R&D) 추진 계획 (A Plan as the Innovative Growth Engine and Technology Development(R&D) for Autonomous Ships)

  • 장화섭;김진
    • 한국항해항만학회:학술대회논문집
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    • 한국항해항만학회 2019년도 춘계학술대회
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    • pp.228-229
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    • 2019
  • 자율운항선박은 전통적인 제조중심, 단순 화물 운송의 조선해운산업에서 패러다임을 전환시키는 게임 체인저로 부상하고 있다. 이에 정부에서도 자율운항선박 산업을 혁신성장동력으로 육성하고, 시장 경쟁력 확보에 필요한 핵심기술을 개발하기 위한 구체적인 추진계획을 소개한다.

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부품소재 중핵기업의 기술혁신 결정요인 분석 -기업규모와 시장구조를 중심으로- (An Analysis on the Determinants of Innovation -Medium Core Firms in Material and Component Industry-)

  • 송치웅
    • 기술혁신학회지
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    • 제10권3호
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    • pp.431-457
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    • 2007
  • 본 연구는 부품소재 중핵기업의 기술혁신 결정요인을 분석하기 위해 기업규모, 시장집중도 그리고 기업의 특성을 나타내는 일반변수들과 혁신유무의 관계를 측정하였다. 본 연구는 이를 위하여 과학기술정책연구원이 조사한 '기술혁신조사' (KIS2005)의 원자료와 Probit 모형을 활용하였다. 실증분석 결과에 의하면 기업규모는 혁신의 유무와 정(+)의 관계에 있으나 시장집중도는 부(-)의 영향을 미치는 것으로 나타났다. 기업특성을 나타내는 일반변수 중에는 순이익과 연구개발비가 혁신유무와 정(+)의 관계를 갖는 반면, 수출액과 자기자본비율은 부(-)의 관계에 있는 것으로 나타났다. 결론적으로, 부품소재 중핵기업의 기술혁신 활동을 촉진하기 위해서는 기업규모의 증대와 경쟁적인 시장구조의 조성이 이루어져야 할 것이며 또한 연구개발 활동에 대한 재정적 지원과 함께 자본 및 금융시장에서의 원활한 자본조달이 뒷받침되어야 할 것이다. 다만, 본 연구의 실증분석에서 나타난 수출액과 혁신유무의 관계에 대해서는 추가적인 연구가 필요할 것이다.

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