Asian Journal of Innovation and Policy, 아시아기술혁신학회

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pp.133-158 https://doi.org/10.7545/ajip.2024.13.2.133

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Abstract

This study aims to classify how entrepreneurial preparers recognize opportunities and evaluate the appropriateness of preparer’s evaluation by type. Additionally, it examines the effectiveness of entrepreneurship education. Data were collected from participants in the entrepreneurship support program at H University, Korea. Startup opportunities were categorized based on the domains of preparation and insight, resulting in 16 types. The findings are as follows: First, the primary source of entrepreneurial opportunities was experience, followed by social networks and specialized knowledge. Second, 27.5% of participants exhibited proper opportunity recognition in the preparation domain, while only 7.5% did so in the insight domain. Third, entrepreneurs evaluated their entrepreneurial opportunities more favorably than experts. Fourth, entrepreneurship education significantly affected specific business plan components, such as market analysis, product development, and profit strategies. Fifth, entrepreneurship education not only enhanced entrepreneurial skills but also discouraged those not suited for entrepreneurship

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pp.159-182 https://doi.org/10.7545/AJIP.13.2.159

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Abstract

The COVID-19 crisis has tested the preparedness of cities across the globe. Confronting the challenges, how cities respond to this crisis to maintain economic resilience has attracted much attention. To situate smart city in evolutionary economic geography and stretch it toward the agile innovation model, this study examines what smart city actually do better. We explored the initial COVID-19 response process in the city of Daegu, South Korea as the model of a smart city. We demonstrated that ‘smartness’ of a city is established from the cumulative outcomes of layered experiences rather than constructed from scratch. This research contributes to expanding the scope of urban resilience literature through the agile model, as a part of the evolution approach, which builds a region’s competitiveness backed up and accelerated by urban ICT infrastructures.

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pp.183-205 https://doi.org/10.7545/ajip.2024.13.2.183

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Abstract

This study introduces a new policy for university reform currently being implemented in Korea and reviews the theoretical discussions surrounding it. The policy, known as the “Glocal University 30 initiative,” involves the central government designating 30 universities and providing each with $74 million USD. The aim is to encourage these universities to pursue internal innovation while fostering collaboration with local governments to drive regional development. Theoretically, this policy can be classified as an entrepreneurial activity of universities, but it differs from existing models in several key ways. First, it is an initiative that includes Tier 1 regions. Second, it is a cooperative model involving not only local authorities but also the central government. Third, it promotes collaboration with research and specialized institutions. Lastly, it demands a complete transformation of universities into new, innovative institutions. This distinctive nationwide effort highlights the growing importance of regional development as the “fourth role” of universities.

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pp.206-230 https://doi.org/10.7545/ajip.2024.13.2.206

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Abstract

To address the needs of a super-aged society, the development of care robots requires engaging in experiential communication with users on both physiological and psychological levels to create service systems that effectively solve related challenges. This approach leads to a demand-integrated R&D network. This study explores the demand for care robots in Taiwan and identifies gaps in the development of R&D networks. It also examines Japan’s experience in promoting care robot technology and proposes strategic recommendations that could assist Taiwan’s development. The study yields three main implications. The first is to form a demand-integrated business ecosystem centered on the concept of clinical co-creation. The second is to establish a platform for integrating the needs of care robot technology to fill the gaps in the core technologies and service verification. The third is to pursue the acceleration of cross-ministerial connections between R&D and demand-side policies.

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pp.231-264 https://doi.org/10.7545/ajip.2024.13.2.231

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Abstract

Due to the increasingly severe impact of extreme weather conditions caused by the climate change, countries around the world have taken measures to reduce greenhouse gas emissions, with the use of renewable energy being one of the primary pathways. Feed-in tariff (FIT) and renewable portfolio standard (RPS) policies along with the regulation of renewable energy certificates (RECs) are common policies promoting the development of renewables. Taiwan has implemented FIT since 2010 and introduced a domestic REC scheme (T-RECs) to liberalize the renewables electricity market in 2017. In the study, system dynamics is conducted to investigate renewable energy development and gain a better understanding of the renewable energy growth in its capacity in Taiwan. Through the analysis, we summarize the key factors influencing the installed capacity including FIT decline rates, initial T-REC pricing and the policy strength. The challenges caused by these key factors for the development of renewables are discussed.

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pp.265-276 https://doi.org/10.7545/ajip.2024.13.2.265

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Abstract

Entering the stock market to adopt indirect methods rather than official stock market procedures and evaluations, such as business transferring, stock swapping, and others, is called a backdoor listing strategy. It is required for public and private financial organizations to review the real backdoor listing cases to find out the possible issues and proper responses and to protect public wealth and the rights of the victims including small investors and public investors. This study compares three companies’ backdoor listing cases. Although a backdoor listing has the advantage of providing unlisted companies with an opportunity to enter the capital market and secure stable capital procurement in a short period of time, there is a risk of fraud after a backdoor listing due to the relaxed standards and screening compared to a regular listing.

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Asian Journal of Innovation and Policy