한국의 대(對)동남아 소비재수출 활성화 방안: 한중일 비교분석을 중심으로 (Revitalization of Korea’s Exports of Consumption Goods to Southeast Asia)

Choi, Byung-Min; Lee, Soo Young; Lee, Hyong-Kun; Lee, Boram; Lee, Jung-Eun

doi:10.2139/ssrn.3422600

Cited by 1 publication

(1 citation statement)

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“…The product has been commercialised through a spin-off company that has a turnover RM11Million annually, achieved by selling cosmetics products; skin-care products, perfume and cosmetics. The company was founded by an entrepreneurial academic who is passionate about cosmetics to the extent of pursuing and completed her PhD studies in Korea, well known for its export of beauty and cosmetics industry in Asia (Choi et al, 2019). Her observation of the discipline and punctuality of the Korean had also inspired the entrepreneurial spirit to exploit the technology through the university's commercialisation platform.…”

Section: Product Noveltymentioning

confidence: 99%

Escaping the Middle Innovation Trap: Case Studies of Two Successful Spin-off Companies from a Malaysian Research University

Shamsir

Jamil

2019

JRMG

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The concept of the "middle innovation trap" has been proposed as a phenomenon of a "failed transformation from implementation based to concept design based capability" (Lee et al., 2019). Over the past two decades, many countries have been caught in the middle income traps. The same phenomenon can possibly be observed in institutions of higher learning, especially government-funded institutions that are a microcosm of the country as their development and wellbeing are intricately linked to the country's finances. Institutions are often well funded with significant capital expenditure during their inception, enabling them to possess the latest technologies with good teaching and research capabilities which in turn could stagnant and degrade if the government switches to fund other inception projects. Hence, these institutions are left to fend on their own, creating a technological and innovation trap that is insurmountable without repeated investment effort to bridge the gap created by rapidly advancing technologies or narrowing of the long tail of scientific research. In this study, two cases from Universiti Teknologi Malaysia (UTM) are described; robotics and skin-care innovation that has been successfully commercialised, hence "escaped" the middle innovation trap. In both cases, the commercialised innovation was very dependent on self-driven extraordinary inventors who developed extensive industrial insights acquired by additional training not accessible to their peers. Their products are not novel and utilise existing technologies that are shaped into commercially available products or services. Although UTM technology transfer office is known for its support and flexibility towards academics pursuing commercialisation, the role of the extraordinary individuals who possess exceptional drive is the key factor in escaping the trap. In conclusion, escaping from the middle innovation trap would only be successful by providing significant and continuous support to the correct type of academic staff.

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Section: Product Noveltymentioning

confidence: 99%