The Government R&amp;D Funding and Management Performance: The Mediating Effect of Technology Innovation

Jin, Seunghoo; Lee, Kangwon

doi:10.3390/joitmc6040094

Cited by 20 publications

(13 citation statements)

References 38 publications

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“…However, "high level of state R&D investments" has belowmoderate influence on the total market activity. The rating of state R&D investments being not high is unexpected based on previous studies regarding the importance of state R&D investments [57,58]. The relatively low rating for q24_4 during interviews with experts was explained by the opinion that sometimes the state with its support for R&D investments is crowding out private investors.…”

Section: Metagroup "Vc Market Players"mentioning

confidence: 78%

Effective Venture Capital Market Development Concept

Matisone

Lāce

2021

Journal of Open Innovation: Technology, Market, and Complexity

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This paper presents the results of the study on the venture capital (VC) market development drivers in small countries with underdeveloped VC markets. Based on the literature content analysis, the authors developed a comprehensive list of factors influencing VC market status. The relevance of the factors in countries with small, underdeveloped VC markets was studied between experts involved in shaping Latvian VC market. The study revealed that all factors (in total 73) delivered from the literature influence the VC market in the countries such as Latvia. Sixty-three factors have an impact above moderate, and providing public funding for VC funds is only one of the factors. The results highlight the importance of the shift from the typical public support approach of providing VC managers with funding to the government involvement in also shaping other conditions necessary for VC market self-sufficiency development. Based on the study, the authors propose a conceptual model for further public support design. The model has three dimensions of meta factor groups (VC market participants, environment, embedded characteristics). It is necessary to evaluate and, if possible, provide public support in each of the meta-factors’ groups. The authors propose to use the model and the list of impactful factors as tools for further governmental support for VC.

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Section: Metagroup "Vc Market Players"mentioning

confidence: 78%

Effective Venture Capital Market Development Concept

Matisone

Lāce

2021

Journal of Open Innovation: Technology, Market, and Complexity

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“…Furthermore, the initiator of the innovation area, based on the results of the Identification of the Initiator of the Innovation Area in the Province of Papua in 2021 distinguished into four initiators, State Civil Officers, the Head of Regional, Community and regional Organization. The initiator in the literature science appears as the main actor in the innovation process, for example, then the relationship between government funding, R&D model and innovation performance [19] and the performance of the funding R&D government [20] in the Ethics of public administration in the Era of technology disruption and innovation the government [21] open government Data as a process of innovation [22] and [23] the Effect of the synergy of science and technology policy on innovation [24] and the application of leadership styles in enhancing innovation local government [25] and [26] The results of the Identification of the Initiator of the Innovation Area in the Province of Papua in 2021 can be seen in table 3 below. The ability and capacity of the Organization of the Region showing the initiator of the highest achieved by 92%, then the head of the area as much as 6%, the community as much as 2%, and the remaining 1% comes from the initiator of the state civil apparatus.…”

Section: Resultsmentioning

confidence: 99%

Strategy for Developing Institutional Service Models for Regional Innovation in Indonesia

Prasetyo¹,

Wahyudianto²,

Hartopo³

2023

Proceedings of the 3rd Borobudur International Symposium on Humanities and Social Science 2021 (BIS-HSS 2021)

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One of the efforts to accelerate regional development can be done through regional innovation. These efforts in Indonesia have been implemented in recent years, but in the Province of Papua, there is still no real form of regional innovation that can be utilized. Therefore, the effort it takes is outlined in the monitoring and evaluation model of regional innovation in the Province of Papua. The purpose of this study is to determine the readiness of the service agencies in the implementation of regional innovation and to analyze the model service agency through the monitoring and evaluation of regional innovation in the Province of Papua. The parameters of the monitoring and evaluation consist of the annual work plan; monitoring and supervision framework; monitoring and surveillance tool as well as the system of collection of data; analysis, dissemination, and Use of Monitoring and data; and contributing to learning. Exploration methods were used in the research to discover the problem of the readiness of the service institutional innovation regional and reinforce the concept of regional innovation in the scope of the monitoring and evaluation model qualitatively. The study locations are in the Province of Papua, with a study period of February until August 2021. Secondary Data derived from the regional location of the study in the form of a Data Work Plan of the apparatus of the regional innovation proposals regional, and regional readiness in the regional innovation. Institutional value is very high and evaluating internal and external. This evaluation is carried out by way of participating with the involvement of the recipient. The findings of the evaluation are discussed internally and are divided in proper format with the testator, and other stakeholders. Decisions and adjustments always follow from the evaluation. The institution has been able to draw lessons from the evaluation. The monitoring and evaluation model in this study can be an alternative reference for the implementation of the regional innovation with the limitation on the annual work plan supported by the supervision of regular and supervision of the use of surveillance and the tools and data collection systems are analyzed that can be used for learning the constitution.

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“…At present, the application of innovations in all areas of enterprise activity has become a central focus of accelerating economic development. At the present stage, information technologies used in the management of small and medium-sized companies [50][51][52][53][54], banking systems [55], consulting organizations [56], etc., have become an actual innovative tool. In the evolution of computer information technologies, as a key factor in the innovative transformation of all spheres of activity of enterprises, the most important role is given to the use of mathematical modeling to solve problems of analyzing the results of their functioning.…”

Section: Discussion: Complexity Of Economics Mathematical Model and Open Innovationmentioning

confidence: 99%

Mathematical Modeling for Financial Analysis of an Enterprise: Motivating of Not Open Innovation

Borodin

Mityushina

Стрельцова

et al. 2021

Journal of Open Innovation: Technology, Market, and Complexity

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The article develops economic and mathematical models as a tool for conducting factor financial analysis of the prospects for the development of an industrial enterprise. The functioning of the developed economic and mathematical models is based on the DuPont model, which allows analyzing the dynamics of the company’s profitability in the course of two-factor and three-factor financial analysis. The proposed model tools are based on the convergence of deterministic financial analysis methods embedded in the DuPont model and simulation methods that allow analysis under the influence of random factors. The constructed economic and mathematical models for forecasting profitability use the company’s retrospective data on its financial condition: the amount of profit, revenue, assets, and equity. The constructed simulation models are implemented in the OMEGA software product and included in the computer technology for predicting the profitability of an industrial enterprise. The architecture of the proposed tools is presented, and the results of simulation experiments performed on models are demonstrated.

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The Government R&D Funding and Management Performance: The Mediating Effect of Technology Innovation

Cited by 20 publications

References 38 publications

Effective Venture Capital Market Development Concept

Effective Venture Capital Market Development Concept

Strategy for Developing Institutional Service Models for Regional Innovation in Indonesia

Mathematical Modeling for Financial Analysis of an Enterprise: Motivating of Not Open Innovation

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