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Vol.8 No.3

wonjuhwangbo ; Young Il Park ; HEISOOK LEE pp.325-342 https://doi.org/10.7545/ajip.2019.8.3.325
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Abstract

Gendered innovation in Science, Technology and Innovation, which seeks better science for both men and women by integrating sex and gender analysis, has become an important issue in the entire process of STI, as initiated by the European Commission, Canadian Institutes of Health Research in Canada and the National Institutes of Health in the United States. Korea has also attempted to reflect gendered innovations in Science and Technology as a critical factor in the 3rd and 4th National Plan, followed by the Act on Women Scientists and Engineers (2002). Against this background, the aim of this study is to prioritize the policy instruments regarding gendered innovation in Research and Development. Through the Focus Group Interview (FGI) and the Analytic Hierarchy Process (AHP), this study attempts to set the priority among selected criteria, various types of policy instruments, and the applied research development area. As a result, this study shows the preparation of the relevant legal and institutional mechanisms for the full introduction of gendered innovation in S&T, and the importance of various policy instruments for S&T innovation in the fields of planning, budgeting, managing national R&D projects, evaluating and impact assessment, etc., being derived in a systematic way to ensure their effectiveness.

Chang-Ryong, Ko pp.343-361 https://doi.org/10.7545/ajip.2019.8.3.343
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Abstract

The Practical Guide of Technology Valuation (the guide) by the Ministry of Industry, Trade and Energy is dominant in technology valuation in the public sector in Korea. The guide was released in 2011 and revised every three years. However, there are several guidelines or manuals for technology valuation issued by other agencies under different ministries. This paper compares the several guidelines for technology valuation and figures out the similarity and differences, from the view of the US and international standards of valuation. The first aspect found is that the guide is evolving toward the basic principles of valuation. Second, all the guidelines should comply with the guide but have sector-specific characteristics in methods, variables and data. Third, although the guide recommends only two valuation methods, some guidelines introduce various other methods. Fourth, the methods are still too complex and having unnecessary ingredients. Finally, this paper suggests further development of the guide and other guidelines.

Kok Chian Tam(International University of Malaya-Wales) ; Aik Lee Chong(International University of Malaya-Wales) ; Angelina Seow Voon Yee(University of Nottingham Malaysia Campus) ; Joel Kah Marn Tham(International University of Malaya-Wales) pp.362-377 https://doi.org/10.7545/ajip.2019.8.3.362
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Abstract

Commercializing universities’ R&D outputs is a major management challenge and there are limited studies to describe this phenomenon from the perspective of companies’ management. Experiences of six small and medium size and four large companies’ management’s respondents are gathered through semi-structured face-to-face interviews. Twelve critical success factors revealed by the respondents, namely R&D product and market readiness, good partnership with university, researcher’s motivationand commitment, availability of resources, government support and motivation, control and ownership of intellectual property rights, university’s management support, entrepreneurial culture in the university, an open communication and trusting relationship, researchers’ skills, a risk taking attitude, and existence of performance measures as important to commercialize the universities’ R&D outputs in Malaysia. The different views from the management of small and medium size, and large companies are also discussed in this study.

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Abstract

This article is a suggestion for SME policy in Korea for the attention of the senior policy-experiencer of the whole nation, the Advisor to the President of Korea. This article is written from the perspective of technology policy experts, not SME experts. In spite of many SME policies, the issue of SMEs in Korea is worsening, not being resolved. Technology-oriented policies are effective for each company, but the role of SMEs is gradually decreasing in the Korean economy. Reflecting on this fact, I would like to suggest measures that include long-term, but social as well as educational. The solution I suggested is coexistence since sustainable growth through SMEs is not just an economic or social issue. It is a matter of survival. I propose four types of coexistence: corporate, local, human, and coexistence with nature. Getting coexistence works requires a change in social norms that mobilize even education.

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The key conditions for the promotion of innovative technology-based start-ups are expanding the market for innovative technology products and services, increasing equity-based funding opportunities, promoting the commercialization of technological innovation, and establishing a fair-trade system for start-ups to compete fairly in the market. Besides, there is a need for a support system that minimizes the cost of failure in case of business failure to facilitate re-challenge and provides education and training opportunities to enhance entrepreneurial capabilities. To activate technology-based start-ups, the Korean government introduced the TIPS policy in 2013. It is a program that creates technology start-up with private investment led by successful venture entrepreneurs, which has shown remarkable achievement and is regarded as the most successful policy in this field up to now. The most critical factor contributed to the success of this program is to invite private investors to select a technology entrepreneurship team and provide mentoring with the investment. The government provides R&D funding with matching investment, commercialization and marketing support to ensure that technology start-ups survive crossing the death-valley. Subsequent investments from domestic and abroad investors are actively made and it is becoming a representative technology-based start-up program in Korea.

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Abstract

This article puts forward the opinion of a policy expert, who had been involved in Korea's science and technology policy for 30 years, about technology policy for SMEs. This article first explains why technology policies for SMEs are needed, and from what point of view. The next section looks at the current problems facing Korean SMEs, followed by the introduction of past and current polices to support SMEs. The comparison between current issues facing SMEs and past and current policies leads to lessons that can be learned. There are four lessons for the policy itself and three for the implementation of these policies. As for policy, the first four are about stages of development, concentration, R&D and diffusion, and policy mix. The latter three are policymakers, institutional building, and cooperation between ministries. This article makes four suggestions for future policy: the importance of startups’ culture, cooperation with others, infrastructure to reduce uncertainty, and policy monitoring and evaluation.

Asian Journal of Innovation and Policy