{"title":"Evolution of the corporate venture capital operations of Japanese electronics companies","authors":"K. Hasegawa","doi":"10.1109/ITMC.2011.5996011","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5996011","url":null,"abstract":"We analyzed corporate venture capital (CVC) activities of Japanese corporations through case studies of six major electronics companies over the past 15 years. All six companies started their CVC operations in the mid-1990s, mostly in Silicon Valley, with subsequent expansion to other regions. All CVCs we studied emphasize strategic return rather than financial return as the CVC mission. A corporation's strategic motive of having a CVC function is either the exploration or exploitation of external technologies. The orientation between exploration and exploitation varies among companies, but a common pattern exists in the structure of CVC operations. When the strategic emphasis of CVC is to explore new technologies outside of the corporation, a CVC tends to invest through external venture capital funds and when the CVC goal is to exploit external technologies for the businesses of the parent corporation, CVC operations are preferred to have internal direct investment functions. The CVC operations often show changes in goals and structures because of factors such as management change and the parent company's performance, but some common evolution patterns can be identified. An explorative CVC often evolves into an exploitive CVC, but not vice versa. A CVC with internal direct investment functions typically seeks to make operations more independent from the parent corporation as they accumulate CVC knowledge, but the corporation often avoids losing control of the CVC by restricting its autonomy. Strategic return and financial return are not mutually exclusive goals of a CVC. A CVC should be positioned to pursue various kinds of strategic goals under the condition that an investment will be recovered financially. Financial success is important to secure continuation of CVC operations even if the CVC is purely strategically driven.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131834569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The path towards low-carbon governance for China","authors":"Nannan Wang, Yen-Chiang Chang, Ronggui Ding, Peipei Li, Zihui Ling","doi":"10.1109/ITMC.2011.5996025","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5996025","url":null,"abstract":"The paper reviews the current situation of low-carbon development in China from the strategic, methodological and operational perspectives. The strategic perspective, including the legal system, white papers, national five-year plans, medium-term/long-term development plans and the key strategic decisions of the central government, show strong will of the government at the higher level in adopting low-carbon governance in the future. From the methodological perspective, the surveys on the national standards, industry regulations, education and taxation reveal weaknesses in policy enforcement. Due to the methodological shortcomings, the operational level of low-carbon governance in practice lacks effectiveness and strong enforcement. The energy efficiency of the industry is still low in comparison to developed countries. Therefore recommendations for the development of effective low-carbon governance for the Chinese government are given in order to promote the low-carbon development in practice.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"93 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133204454","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Factors that drive success in collaborative product development","authors":"Sanjay Mathrani, A. Mathrani, Cathy Yang Liu","doi":"10.1109/ITMC.2011.5996012","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5996012","url":null,"abstract":"Collaborative product development (CPD) activities have become increasingly common to keep up with market demands, shorten development cycle times, and improve overall competitiveness. This study examines the success factors that affect CPD to investigate how hi-tech organizations align technical and managerial skills to achieve development process effectiveness. A monoview strategy using data from qualitative interviews, examines an engineering project in a CPD environment within the New Zealand context. The study identifies factors within four contexts - management, cross-functional teams, processes, and supporting tools - that interact with each other to achieve improved CPD performance and project outcome. Company managements aim to create an environment that enable information flow between cross-functional teams, integrate professional skills and talents with the product development process and adopt technology-mediated supporting tools to maximize productivity and achieve better innovation results through collaboration.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133319110","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Weizun Li, M. Ju, Yan‐Nan Wang, Tielong Li, Le Liu, Erxiang Guo
{"title":"Fertilizer production by biodegrading lignocelluloses and process design","authors":"Weizun Li, M. Ju, Yan‐Nan Wang, Tielong Li, Le Liu, Erxiang Guo","doi":"10.1109/ITMC.2011.5995956","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5995956","url":null,"abstract":"Biomass solid wastes containing lignocelluloses become more than 1 billion tons in China, 2010. If biomass solid wastes can be degraded into fertilizer, it would greatly promoted economic and social improvement. On the basis of experiments, aeration, moisture content, particle size, fermentation temperature and pH were the main factors affecting mixing bacterial fermentation. After understanding the microbial characteristics, the process was designed by considering the costs of equipment and production and also the main factors mentioned above.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130597823","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Optimizing financial parameters to disincentivise international grey traffic and rationalization of measures to curb illegal international telephony in Pakistan","authors":"M. A. Choudhary, Hina Aftab","doi":"10.1109/ITMC.2011.5996008","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5996008","url":null,"abstract":"In this paper an effort is made to bring into notice the amount of grey traffic entering in Pakistan. Pakistan Telecommunications Authority's current efforts are also reviewed in regard to control of illegal practices. Moreover review and correlation of the Approved Settlement Rates and the international traffic entering Pakistan from 2005 to 2009 is studied. The approach adopted for estimation of Grey Traffic is partly based upon the international traffic data collected from relevant agencies as well as primary data collected through a survey. The analysis undergoes necessary observations, tests, and calculations inferences to arrive at realistic and logical outcomes. Secondly the data collected form relevant agencies has also been analyzed on different modes of interpretation as part of my research. Each variable including ASR (Approved Settlement Rates), APC for LL (Access Promotion Contribution for Local Loop), APC for USF (Access Promotion Contribution for Universal Service Fund), MTR (Mobile Termination Rate) and LDI share (Long Distance International Share), contributing towards international traffic has been graphically analyzed on fairly long span of time. The theoretical derivation arrived at, in the study has also been augmented by another angle of looking at the problem i.e. through trend analysis. The study brought out very interesting findings which have been appropriately discussed where applicable in the documentation. Few of these observations include that legal traffic is inversely proportional to APC, meaning that with the increasing APC there is a proportionate decline in the legal traffic. Similarly with the decreasing trend of APC, the legal traffic proportionately increases. This suggests that APC needs to be optimized in such a way that without sacrificing the need of purpose for which it is generated, a limit is placed on it such that does not encourage grey traffic.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130767180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Paul Poltner, Thomas Schwingenschlogel, Andras Gotwald, T. Grechenig, M. Poll
{"title":"Patent valuation for innovative business models in start-up companies and university spin-offs","authors":"Paul Poltner, Thomas Schwingenschlogel, Andras Gotwald, T. Grechenig, M. Poll","doi":"10.1109/ITMC.2011.5995966","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5995966","url":null,"abstract":"A financial patent valuation is only as good as the estimations behind it. For start-up companies and young entrepreneurs in particular, patents usually play a major role in finding possible investors to finance the future commercialisation of the innovative product covered by the patent. At the same time, investors need to economically valuate the potential of the patent by using an easily and quickly adaptable method, in order to make the right decisions for their investments. The new valuation method presented here is specially customised for patents in start-up companies or for patents owned by entrepreneurs; it provides an easy calculation method combined with a qualitative valuation method, to be applied both to the patent itself and to its future commercialisation in possible markets. In four steps (combined with provided templates), the patents can be financially valuated, with comparatively little effort and low costs.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"64 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131082671","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Factors affecting improved innovation output in service sector firms","authors":"Christopher Mcgrath, J. Percival","doi":"10.1109/ITMC.2011.5995948","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5995948","url":null,"abstract":"The intention of this paper is to investigate the innovation outcomes associated with systems of new HRM practices and newly implemented technology in the service sector. We seek to find systems of mutually reinforcing HRM and technology practices that are conducive to innovation in terms of new/improved products and processes. Realizing the complementary nature of various types of HRM practices, we investigate whether technology has a similar complementary relationship with such practices. This paper follows closely with the work of Laursen and Foss [1, 2] and Michie and Sheenan [3]; extending the number of HRM variables and integrating technology variables similar to the studies of [5, 6]. Similar to Laursen [2] we stress sectoral differences in the application of these practices and consider the impact of any systems of complementary practices on 14 industries as defined by the WES survey. In this paper, we present the findings for two representative industries; publically funded education and healthcare, and the competitive market-driven financial sector.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115069170","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Assessing security risk in global supply chains","authors":"Mary J. Meixell, Mario Norbis","doi":"10.1109/ITMC.2011.5996020","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5996020","url":null,"abstract":"Supply chain security has become a primary concern for supply chain practitioners, and especially so for global supply chains where security related risk is a particular concern. The challenges of security-related risk may be viewed through the lens of the risk management process, which involves identifying, assessing, mitigating and controlling the vulnerabilities that are faced by supply chain managers in practice. The main purpose of this paper is to develop a methodology for the second step of the process, assessing security risk in global supply chains. The two-part assessment methodology reported here includes a scoring system for evaluating each of the participants in the supply chain in turn, and an aggregation mechanism based on graphic modeling that results in a single supply chain risk index value for a specific supply chain of interest. The main premise of this paper is that pairing these mechanisms provides a useful framework for measuring the potential threat resulting from a combination of individual risk and element interactions. We demonstrate the usefulness of this approach with an example involving two risk intensive stages of supply chains - loading port and ocean carrier.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"62 10","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114104508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Development of a decision support system for Inventory Analysis and Control","authors":"Numera Tahir, M. A. Choudhary","doi":"10.1109/ITMC.2011.5996067","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5996067","url":null,"abstract":"Inherent uncertainties in demands and supply make it difficult for supply chains to achieve optimum inventory replenishment, resulting in loss of sales or keeping excessive inventories. An unkempt inventory can take up to one-third of an organization's annual investment. Therefore, in order to compete with invariably erratic demands, it is not only challenging to develop an intelligent system to maintain and control an optimum level of inventory but has also become mandatory. The two most important issues to address in inventory management are: how much to order and when to order. Owing to the importance of inventory management this research work presents an intelligent decision support system (DSS) for Inventory Analysis and Control utilizing technology management.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"129 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124241845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Knowledge assimilation in R&D alliance: The effectiveness of firms' internal and external capabilities","authors":"Ming-Chao Wang, Cheng‐Yu Lee","doi":"10.1109/ITMC.2011.5995969","DOIUrl":"https://doi.org/10.1109/ITMC.2011.5995969","url":null,"abstract":"This paper applies organizational learning and network theory to understand the contingencies of the relationship between technological diversity and firm performance in R&D alliance. It focuses on two aspects of organizational capabilities (learning speed and network centrality of the firm) as potential enhancements to the firm's financial performance. To carry out these empirical examinations, we constructed a data set comprising the alliance and patenting activities of firms in various U.S. industries. This study points out the disadvantage of a high level of technological diversity among alliance firms. It also explores the internal and external capabilities of firms, as measured by learning speed and network centrality, and the positive effects of these capabilities on firm performance. The study's implications and future research directions are discussed.","PeriodicalId":369450,"journal":{"name":"First International Technology Management Conference","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116428224","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}