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- P-ISSN2287-1608
- E-ISSN2287-1616
- KCI
ISSN : 2287-1608
Vol.8 No.2
Abstract
This article explores the historical evolutionary process of the biopharmaceutical industry of Korea, and how intentional and unintentional policy interventions have triggered the creation of the industry’s system dynamics and paved the way for the generation of a few global leading products, including biosimilar, as well as next-generation therapeutics of gene and cell. The policies cover the simple technology transfer of API synthesis to overcome the endemic parasitic disease, new substance patent adoption and new drug development consortia, human resource development, various national initiatives influenced by the Human Genome Project, and venture promotion schemes. The scope and implementation tools under these policies have been aligned and refined to transform traditional fine chemical-based pharmaceuticals, to stimulate large companies’ participation and to create technologybased venture companies in the biopharma business of Korea.
Abstract
Serious social problems related to the elderly have appeared in the Gangwon Province because the population in this area is rapidly aging. Gangwon has the highest suicide rate and the highest percentage of single households. In the process of preparing for the super-aging society, Time Bank (TB) System has been actively used in 34 countries, especially in the United States, the United Kingdom, and Japan. In Korea, the Gumi Senior Club has joined this system since 2004. TB is a multilateral exchanged system based on the philosophy that everyone’s time is valued equally. Time credits are given to the person who provides social services, such as citizen participation and elderly care. People receive the desired services using time credits or donating them. If this system were applied to the Gangwon Province in accordance with its characteristics, it would help to reduce the elderly’s prejudices and manage their diverse health problems. A virtual local currency using IT technologies is needed to boost the regional economy. The elderly’s participation in TB is strongly needed. Future research about the effectiveness of health management is then discussed.
Abstract
Social enterprises pursue innovation to create socio-economic impact for the marginalized communities. The founders of social enterprises drive goal-oriented innovation, whereas, interactions with ecosystem is crucial to create and diffuse innovation. However, studies are scant on creation as well as diffusion of innovation emerging from social enterprises. This paper attempts to understand innovation emerging from social enterprises through an exploration of innovation focus, interactions with ecosystem, and measurement of innovation performance. A cross-sectional study is performed to understand the relationship between founders’ orientation and innovation performance, and the mediating role of innovation focus and ecosystem interactions. A cluster sampling across four states in India - Karnataka, Telangana, Maharastra and Tamil Nadu - resulted in participation from 207 social enterprises. The results of partial least squared structural equation modeling (PLS-SEM) demonstrate the positive complementary mediating role of innovation focus in the relationship between founders' orientation and innovation performance. Moreover, this paper illustrates that founders’ persistent focus on innovation creates positive results for social enterprises as well as beneficiaries.
Abstract
Governments are asking policymakers to quantify the economic and social impact of those advanced technologies they support, including nanotechnology. National policymakers and researchers who participated in OECD activities cooperated to develop a model for the economic impact assessment of nanotechnology with a relevant case study. The present research contributing to some recommendations from the OECD WPN (Working Party on Nanotechnology) finds a successful example of market creation by nanotechnology, and assesses the resulting economic impact of the DEFRA (Department of Environment, Food & Rural Affairs of UK) model. This study investi-gates the economic impact of Quantum-dot (Qdot) nanotechnology on flat panel TV manufacturers, which is an ideal case to apply the DEFRA model for the analysis of product innovation based on nanotechnology. Findings show that Qdot nanotechnology is expected to create an economic value of $3.32 billion for Korean TV manufacturers over the next decade.
Abstract
This paper aims to link the basic structure of the 4th Industrial Revolution to skill needs and further to education, though there is little discussion in these domains. Much of the literature describes or analyzes the job characteristics related to the 4th Industrial Revolution without discussing the interlinkage inherent in the revolution. This paper seeks to give a better understanding of the whole range of features of the revolution and further discusses the challenges for innovative human resource development (HRD). It provides an overview of the technological competition in the 4th Industrial Revolution, the changes in the skills needed, the new labor practices, and the change in education focusing on new competences. Then, the paper examines the challenges for innovative human resource development.
Abstract
Family business is the oldest and the most prevalent type of entity in the world. In India, 85% of the enterprises are owned and/or managed by families, contributing to two-third of GDP. Thus the survival of family firms, which also generates 79% of private sector employment, is of paramount importance. Effective succession planning and innovation to gain competitive edge are the two key ways to ensure family firm survival. In this paper, the interplay between family succession and innovation is qualitatively studied using case study approach. Successors and Predecessors are interviewed to gain insights in the areas of succession planning and innovation. It is observed that family succession has a positive relationship with innovation, i.e. the presence of founding family members in the ownership and/or management of the enterprise has a positive influence on innovation tendency of the family firms. The findings contribute to the family business literature on succession planning and innovation, and their inter-relationship.