Korea has been shifting its paradigm of growth from a fast follower to an innovation leader in various industries. Correspondingly, the role of innovation clusters is becoming increasingly important and Korea’s major innovation cluster, i.e. Daedeok Innopolis, has been consistently requested...

Radical technological innovations have transformed competition in high-tech markets. One result of innovation is technological convergence, whereby different technologies are integrated and businesses become more complex, thus blurring industry boundaries. We examine the evolution of firms’...

South Korea is heavily dependent on energy resources from other countries and nuclear energy accounts for 31% of Korea’s electric power generation as a major energy. However, Korea has many limitations in uranium enrichment and spent fuel reprocessing under the current Korea-U.S nuclear...

The importance of the convergent approach to technology development has increased recently. Therefore, understanding the characteristics of technology convergence, which refers to the combination of two or more technological elements in order to create a new system with new functions, is an...

Because market development and competition with incumbent firms is extremely challenging, latecomers to capital goods markets can rarely become equal to or overtake the incumbent firms. From this perspective, the remarkable growth and trade performance of the Korean machinery and equipment...

It is important to consider the interweaving nature of online and offline social networks when we examine social network evolution. However, it is difficult to find any research that examines the process of social tie formation from an integrated perspective. In our study, we quantitatively...

The paradigm of the mobile ecosystem is rapidly changing, especially since the introduction of smart devices. New important players are emerging, and the scope of the mobile ecosystem is expanding and encroaching on the technological boundaries of other IT ecosystems. However, our understanding...

Despite a growing consensus that 3D printing technology has emerged as a revolutionary driver of innovation in society and has grown exponentially as an innovation ecosystem, our understanding of how the 3D printing ecosystem emerged and has grown is still limited. Based on the case study and...

In the international motion picture market, when making strategic decisions about the timing of release, it is important to consider the product's country of origin as well as demand seasonality because of their cultural orientation. However, the fluctuation patterns of underlying demand for...

How do latecomer firms combine strategies to successfully grow in a specialized suppliers sector? We examine how latecomer firms combine technology and market development strategies to grow in the sector. Through an in-depth comparative case study, we found that, depending on the modularity of...