Abstract

University and hospital spin off firms out perform regular business start ups. This is shown not to be unique to Canada. The study identifies some key socio-economic contributions that university and hospital spin off firms make.

Assistance from a Canadian government industrial support program, IRAP, is shown to improve the degree of success in university spin off firms.

Technology Commercialization is a series of innovation activities to create new products or businesses by utilizing technology or knowledge and to improve technologies related to this whole procedure.  It is also a process in which R&D technologies are developed into products and services, successfully introduced and sold in the market. Since there is a clear difference between R&D and a simple product manufacturing, sales performance matters in this case. Aside from input performance-based concept which focuses on the production of technology resources, performance-based concept which puts emphasis on the co-relation between technology and market tends to stress business process of technology rather than technology development process.

We conducted a study entitled “Innovation of SMEs and Venture Companies and East Asia/Global Management” on Japanese small and medium enterprises (SMEs) and venture companies in FY2006. In this study, we established an overall framework and implemented case studies about some leading companies. Now we can report the summary of the study results as follows:

1.  Summary of Study

(1)  Necessity of Study

At a time when securing global competitiveness emerged as the most important issue in the FTA era, both large companies and SMEs are struggling to survive in the cut-throat competition.  There is a company presenting a new strategy of 'mutual growth' which shares roles and supports partners rather than pursue their own survival: Samsung Electro-mechanics Co., Ltd.

In most people’s opinion, bamboo is relatively valueless, useful mainly as a primitive construction material, the stuff of cheap chopsticks or as a food. At best, it is known as a material for furniture and handicrafts. If you do not know how to make better use of bamboo, sometimes it will be nothing but a weed. Only from an aesthetic or philosophical point of view by East Asian culture has it been deeply appreciated, as an embodiment of exuberant life force, resilience and noble men.

The KAIST Office of University-Industry Cooperation has been chosen as the recipient of the Best Technology Business Incubator Center (TBI Center) Award in Asia at the 11th meeting of the Asian Association of Business Incubation (AABI) to be held in Chinese Taipei in November 2007. The KAIST Office was eligible to win the award as there were strong R&D support, armed with professionals from KAIST, and full range of professional management consulting services in cooperation with DaeDuck Innopolis. The R&D support and professional management consulting services are also given to tenant companies.

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SME condition in Indonesia

Small and Medium Enterprises (SMEs) in Indonesia play a significant role in social and economic growth. The importance of the SMEs is well illustrated in their contributions on the number of employment, SME establishment and SME contribution to GDP. The number of employment of SMEs in 2006 was 85.42 million peoples or equal to 96.18% of the whole workforce in Indonesia. The number of SME establishments in 2006 was 48.93 million or equal to 99.985 % of total enterprises in Indonesia. The SMEs contribution to GDP in 2006 was 53.28%. The economic growth of Indonesia in 2006 was 5.48%, whereas contribution of SMEs is equal to 3.06%.

Primorsky Region is positioned as a large and constantly developing logistic center, it can effectively manage freight traffic and freight flows. While investigating peculiarities of technologies transfer in the Asia-Pacific, we noticed that during the trans-border innovations’ movement the same function as during movement of freight and passengers’ traffic flows, namely movement of material and financial flows, is being conducted. But in the case of technologies transfer the specific products – technologies, developments and knowledge – are being moved.

There has been a significant increase in Chinese Taipei’s FDI in China since the openness of the Chinese economy in the 1980s. In particular, the great movement of productive capital has been occurred in the labor intensive manufacturing sectors mainly composed of SMEs. It had resulted in the increase in unemployment rate in the 1990s. It reached a level not seen since the 1970’s oil crisis. Therefore, the government has made great efforts to reduce it by nurturing new technology start-ups and expanding the scope of SME business operations. As a result, the Chinese Taipei government has focused on the establishment of business incubator (BI) as one of foundations of economic development.

Consensus Management, which is based on the idea that to achieve development a company should gain consensus on their management plans among employees, consumers, and the public, has rapidly emerged as a new corporate strategy this year.  This strategy was first introduced by Nomura Research Institute in Japan.  The institute pointed out that consumers are now those ‘who share views of company’, beyond their previous role who simply consumed goods and services in the past.