As the era of the fourth Industrial revolution begins, there is high demand for new information technology (IT) innovation to address the challenges of a dramatically changing industrial landscape. The construction industry, which is one the most important traditional industries in Korea, has adopted new IT innovation in their products to meet customer demand, regulation from government, energy efficiency, security, and so on. The aim of our study is to empirically clarify the impact of technology innovation on the business performance for Korean domestic construction conglomerates. The study performs an empirical analysis with time series analysis on business performance from the perspective of client satisfaction with the services the target companies provide and the production process improvement, as well as from a financial perspective. As analysis data, statistical data from the Ministry of Science, ICT, and Future Planning; Brand Stock; Bank of Korea; and each company are utilized, and the target companies for our study are limited to 19 construction companies with an apartment brand. Multiple regression analysis is used as a fundamental analysis methodology of our study. For Time Series Analysis, the Box Jenkins Model, namely, ARIMA is utilized. According to our results, it is found that any improvement of IT convergence innovation competence such as business efficiency IT index, collaboration IT index, and strategy management IT index has a positive impact on the production process, financial performance, and customer satisfaction with the services the companies provide.

In Korea, cooperation between university and company is mainly encouraged by government policy as the Triple Helix’s statist model. Since 2003, the government started a variety of university financial support program, and in 2014, it reached to the point that 31 ministries conducted 408 programs in total. Most projects focused on training human resources and supporting Research and development, which is considered as the core function of universities, but some of the projects are designed to support the industry–academia cooperation. For instance, the Ministry of Education ran ‘Leaders in University and Industry Cooperation (LINC)’ program. LINC is a follow-up project of Human Resources Development for the Leading Industries, Industry–Academia Cooperation-oriented University, and Focal Point Research program. Accordingly, it aimed to create university–industry cooperative models, and nurture talents based on regional economy’s demand. The program provided approximately $230M per year for over 50 universities across the country. It was one of the highly influential grant programs considering the fact that there are about 200 universities nationwide and an annual budget of university is $900 billion on average. In this context, this study is to assess the influence of resources of universities capacity on the achievement of university–industry cooperation and explore whether a government-initiated policy has a significant effect using data from government information disclosure system on education.

The fields of power electronics and fuel cells have emerged as key players in the development of sustainable power sources. The prevailing demand for fuel cells is projected to increase as they become the principal source of energy for portable electronics. A high-efficiency converter is a crucial component of the whole system and an absolute must for this specific use case. This is because the converter has a huge impact on the portability of the system as a whole in terms of size, efficiency, cost, and reliability. Choosing appropriate converter architecture is a key and important aspect of increasing the network of fuel cells for embedded systems since the converters alone accomplishes such as significant role in determining the overall efficiency of the system in this study, we take a look at the many topologies configurations of AC inverters and DC converters that are employed in the installation of fuel cells for autonomous and portable. The techniques of switching used in fuel cell energy conditioning are also analyzed in this research. The current issue with DC converters and AC inverters is also discussed at the end of this paper.