• Title/Summary/Keyword: technology innovation strategy

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The Impact of the Absorptive Capacity and IT Usage on Firms' Innovation (기업의 흡수역량과 정보기술 활용도가 혁신에 미치는 영향)

  • Bae, Jooncheol;Lee, Sang-Yong Tom
    • Journal of Information Technology Applications and Management
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    • v.20 no.1
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    • pp.173-195
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    • 2013
  • This study is to analyze the impact of the absorptive capacity and information technology (IT) on firms' innovation. The absorptive capacity is measured by R&D investment intensity, R&D manpower concentration, and the firm's size. We try to see the interaction effects between the absorptive capacity and IT usage on firms' innovation. We also look into the differences of the impacts between manufacturing industry and service industry as well as IT industry and service industry. We found that IT and R&D intensity have stronger interaction effect on innovation in manufacturing industry than in service industry, which shows that IT plays a more important role in the accumulation of knowledge in R&D activity in manufacturing industry. Contrarily, in service industry, IT and R&D manpower concentration has significant interaction effects on innovation. This means that the role of IT in service industry is sharing knowledge and experiences among employees in service industry. The interaction effect between firm's size and IT has positive impact on innovation in manufacturing industry, while it has negative impact on innovation in service industry. Finally, we found that the interaction effect is statistically significant in non-IT industry, while it is not statistically significant in IT industry.

An Empirical Study on Adoption of Open Technological Innovation for SMEs based on Information and Technology (국내 IT중소기업의 개방형 기술혁신 수용에 관한 실증연구)

  • Joung, Seok-In
    • Journal of Information Technology Applications and Management
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    • v.20 no.4
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    • pp.47-66
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    • 2013
  • Recently, with the diffusion of a new paradigm named as the creative economy, the government's interests and efforts regarding support of SMEs' R&D have been concentrated. In particular, due to the dominant perception that the fundamental science and original technology from government-funded research institutes can further enhance the capabilities of SMEs' R&D, the importance of performance's diffusion on national R&D is further emphasized. In fact, the domestic SMEs don't have enough budget and workforce, so that all of self-contained technologies, product's competitiveness as well as the R&D capabilities, are very vulnerable, and thereby SMEs' commercialization is very likely to fail. For this end, SMEs need to adopt the concept of open innovation as the use of external R&D resources by licensing. In this study, we conducted a survey on a total of 286 domestic IT SMEs, and analyzed empirically to compare the degree of their acceptance on technological innovation between two groups divided by open/not-open innovation. As a result, we drew some of the key factors influencing the acceptance of the SMEs' open technological innovation, and found a variety of implications through them.

Technology Infrastructure : Its Importance and Policy Implications (기술하부구조 : 중요성과 정책적 함의)

  • 석영철;김윤경
    • Journal of Korea Technology Innovation Society
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    • v.1 no.1
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    • pp.9-22
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    • 1998
  • With the advent of new order of international competition, the technology Policy of Korea has been changed from vertical one which focuses on specific technologies or selective industries to a horizontal one which supports R&D activities on a neutral basis. TIP(Technology Infrastructure Policy) is WTO free in the sense that it is Indirect method of supporting technology development and properly defined as a part of government role by OECD. Technology infrastructure is embodied in human capital, and includes also elements of physical capital and knowledge. Hence it is more differentiated than, and distinguished from conventional infrastructure. It implies a need for carefully designed strategy with the recognition of those differences. As a fundamental element of innovation and technological development, technology infrastructure should become the main focus of industrial technology Policy.

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Development Strategy for Marine Science & Technology (해양과학기술의 동향 및 발전방향)

  • 이용희;신성윤
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 1999.05a
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    • pp.421-435
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    • 1999
  • 삼면이 바다로 둘러쌓여 있는 우리나라로서는 막대한 자원이 분포되어 있고 지구환경에 지대한 영향을 미치는 해양에 대한 적극적인 개발과 보전활동이 필요하다. 해양에 대해서는 아직까지 많은 부분이 미지로 남아있고 그 물리적 조건으로 인하여 해양개발활동에는 많은 어려움이 따른다. 이를 극복하기 위해서는 해양과학기술의 뒷받침이 필히 수반되어야 하지만 그 중요도에 비해 아직까지는 해양과학기술에 대한 인식이 부족한 상태이다. 본 고에서는 해양기술에 대한 소개와 아울러 각 기술 분야별 발달 수준을 살펴보고 기술 부문별 중장기 발전목표와 발전방향을 정리하였다.

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A Study on the Strategy of Korea-Japan Space Cooperation for Development of Geostationary Satellite (정지위성의 한ㆍ일 공동개발 추진전략)

  • 김두환;길상철
    • Journal of Korea Technology Innovation Society
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    • v.6 no.4
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    • pp.480-491
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    • 2003
  • When Korea develop a geostationary satellite (Communication. Broadcasting. Meteorology Satellite), it is more economical and effective to make as an international cooperation program from the first phase, because Korea doesn't have any experience of manufacturing a geostationary satellite. This paper discusses why Japan is appropriate for cooperating country, and suggests cooperation of space technology between Korea and Japan and setting up of the organization for Korea and Japan joint geostationary satellite development.

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Innovation and Employment in Korean Service Sector - A firm Level Analysis (한국의 서비스업에서 기술혁신전략이 고용에 미치는 영향 - 기업수준의 연구)

  • Park, Song-Kun;Kim, Byung-Keun
    • Journal of Korea Technology Innovation Society
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    • v.14 no.2
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    • pp.223-245
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    • 2011
  • We have analysed the impact of innovation on the employment in the Korean Service sector using KIS 2006 data. Our study is based on Bogliacino and Pianta (2010)'s model, which involves two main innovation strategies, technological competitiveness and cost competitiveness, as the main explanatory innovation variables for the employment dynamics. Empirical results show that an increase in demand was the strongest driver for an increase in employment in all four service sectors, including Science-based, specialized supplier, size and information intensive, and supplier dominated. Innovation strategy appeared to have a significant effect on employment at the firm level; Technological competitiveness showed a positive effect on employment in science based sector while cost competitiveness appeared to give a negative effect in specialized supplier sector. The firms in size and information intensive sector showed that increase in wages gives negative impact on their employment. However, cost competitiveness did not give any significant effect on employment dynamics of firms in size and information intensive sector and supplier dominated sector. This finding is different from the research of Bogliacino and Pianta (2010) on the European countries. One possible explanation would be that innovation strategy does not affect employment of firms in size and information intensive sector and supplier dominated sector since the level of innovativeness of these sectors in Korea fall behind that of European countries.

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Analysis of Success Factors for Innovation of Global Leading SMEs (세계선도 중소기업의 혁신 성공요인 분석)

  • Lee, Kee-Eun;Yoon, Byung-Un
    • Journal of Korea Technology Innovation Society
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    • v.15 no.1
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    • pp.76-104
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    • 2012
  • For many small and medium-sized enterprises (SMEs), innovation activities to lead a market with technology development and a globalization strategy tend to be a haphazard process due to a lack of capabilities. Thus, this paper aims to explore success factors of the global leading SMEs in Korea that are not only the first mover through technology innovation but also outstanding in export. The analysis utilizes data from Korean Innovation Survey (KIS) and statistical analyses such as t-test and chi-square are performed to compare global leading SMEs and normal SMEs, concentrating on various factors such as information sources, collaboration and non-technology innovation activities. The results indicate that critical success factors involve information from outside companies (information from conferences and government institutes) and government supports through logistic regression analysis. This research suggests a strategic direction for policy makers to promote innovation and growth in SMEs.

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Innovation Space Driving Business Growth of Semiconductor Enterprises: A Case Study of South Korean Samsung's Investment in China

  • Nam, Eun-Young;Wang, Xiao-Long
    • Journal of Korea Trade
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    • v.24 no.6
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    • pp.37-60
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    • 2020
  • Purpose - The purpose of this study is to investigate the direct and indirect impact of innovation space factors on the growth of semiconductor enterprises. Design/methodology - This empirical study uses the financial statements of 83 semiconductor listed companies in 23 provinces from 2004 to 2019 approved by CSRC (2019). A stepwise regression and backward regression are employed in order to examine the role of innovation space to expand technology investment in promoting business growth and uses South Korean Samsung's investment in China as a test case. Findings - Results indicate that innovation space, technology input, geographical area, owner's background, operating years and financing liabilities all contribute to a boost in business growth. Factors such as carbon emission, financial liberalization, government efficiency, technology input, and financing liabilities further influence management growth. Innovation space follows a nonlinear pattern, and this plays a positive role in magnifying the influence of technology on management growth. Additionally, operations of the state-owned companies and expansionary financing enterprises are influenced by the external economy. Regarding the spatial distribution, the Samsung investment in 24 companies in China shows that Samsung focuses on the acquisition of scarce resources for semiconductor production as a component of its investment and innovation strategy. Originality/value - Even though prior research has considered the concepts studied here, this study contributes to empirically evaluate the direct impact of innovation space on business growth, and the indirect impact of innovation space on business growth through technology investment. This study includes an in-depth discussion of the practical effects that innovation space has on China's economy, using a case of South Korean Samsung's investment in China as a test the empirical findings.

Six Sigma Implementation Methods for a Telecommunication Service Industry: A Case Study of KT (통신서비스산업에서의 식스시그마 추진 전략 : KT의 사례를 중심으로)

  • Bae, Shin-Gyu;Hwang, Gee-Hyun;Byun, Jai-Hyun
    • Journal of Korean Institute of Industrial Engineers
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    • v.32 no.4
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    • pp.347-357
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    • 2006
  • Six sigma activities in an information and communication technology company in Korea are introduced. Korea Telecom(KT) was a public company for a long time and became a private enterprise not long ago. Although this company adopted many innovation programs, they were not effective because of the company's characteristics : long-time government-owned and information service industry. This paper describes the reason why KT introduced six sigma, some implementation strategy, and key factors to successfully deploy it. This paper is expected to be helpful to public or service industry in which it is very difficult to implement innovation activities.

Research towards New Innovation Strategies in Korea via Focused Group Method

  • Park, Sung-Uk;Kwak, Jae-Won;Kim, Hyun-Cheol
    • Asian Journal of Innovation and Policy
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    • v.11 no.2
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    • pp.222-237
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    • 2022
  • As the COVID-19 pandemic crisis left developing countries with economic setbacks, it is high time to highlight that innovative technologies lead the digital economy. The big powers including the United States and China are already implementing industrial policies that involve large-scale fiscal expenditures to secure the lives and safety of their people. To prepare for the future up to 2025, this paper reflects opinions of industry-academia-research experts regarding changes in the external environment and industry trends. By reflecting results of focus group interviews and changes in the external environment and industry trends, a new high-level 5X strategy (Digital Transformation, Energy Transformation, Bio Health Transformation, Supply Chain Transformation, and Research Transformation) to solve national tasks required for the existing ten policy demand fields and ten agenda during lower-level policy implementation stages were derived.