Chulung Lee

This study aims to determine the influential factors on the market share of electric vehicles through panel data analysis based on time series data from 2011 to 2015 in 31 countries. We selected five significant independent variables that are expected to affect electric vehicle adoption based on literature review. The econometric model in this study suggests that the relative price of electric vehicle compared to internal combustion engine vehicle, driving range, and number of models available i

Governments around the world are planning to ban sales of vehicles running on petroleum-based fuels as an effort to reduce greenhouse gas emissions, and electric vehicles surfaced as a solution to decrease pollutants produced by the transportation sector. As a result, wireless power transfer technology has recently gained much attention as a convenient and practical method for charging electric vehicles. In this paper, patent analysis is conducted to identify emerging and vacant technology areas

The rapid advancement of digital technologies has fundamentally changed the competitive dynamics of the logistics industry. For players in the logistics industry, digitization has become an unavoidable situation to achieve survival and sustainable competitiveness. A technology strategy is essential for digitization, and identifying opportunities and threats of technology development through technology trend exploration is important for technology strategy. In addition, to enable the implementati

The purpose of this research was to derive promising technologies for the transport of hydrogen fuel cells, thereby supporting the development of research and development policy and presenting directions for investment. We also provide researchers with information about technology that will lead the technology field in the future. Hydrogen energy, as the core of carbon neutral and green energy, is a major issue in changing the future industrial structure and national competitive advantage. In th

Recently, last mile delivery has emerged as an essential process that greatly affects the opportunity of obtaining delivery service market share due to the rapid increase in the business-to-consumer (B2C) service market. Express delivery companies are investing to expand the capacity of hub terminals to handle increasing delivery volume. As for securing massive delivery quantity by investment, companies must examine the profitability between increasing delivery quantity and price. This study pro

We explore the impact of research and development (R&D) on sales growth rate with firm-specific factors under the Korean pharmaceutical industry structure using listed Korea pharmaceutical company data from 2007 to 2018 with the quantile regression technique. We find that R&D intensity has a positive effect on firm growth rate while R&D scale a negative effect on the firm growth rate at the upper quantile, whereas the result is opposite at the lower quantile. Firm size has a mixed re

This paper aims to analyze the influence of the technological diversification on a firm’s innovation capabilities and investigates the effect of various strategies on the firm’s financial performance in a technology-oriented environment. We employ the entropy measurement to calculate technological diversification with 2095 patents, which are applied from years 2009 to 2011 by 507 firms that have participated in Korean government Information Technology (IT) Research and Development (R&D) supp

As life expectancy increases, the number of people who suffer from blind and visual impairment due to presbyopia is gradually increasing. Assistive device systems have been used to overcome various physical, social, infrastructure, and accessibility barriers. As technology has advanced, the scope of assistive technologies has been expanded. Therefore, we explored technological opportunities in assistive technology for the blind and visually impaired to establish a strategy for the technology com

An electric motor is a device that changes electrical energy into mechanical energy for railway vehicles. When developing the electric motor, it used to be developed simply for structures or control methods of the motor itself without considering convergence with other devices or technologies. However, as the railway vehicles become more advanced, technology development through convergence with other devices or technologies is spreading. Therefore, based on patent data related to the electric mo

With increasing concern over the environment, shipment consolidation has become one of a main initiative to reduce CO2 emissions and transportation cost among the logistics service providers. Increased delivery time caused by shipment consolidation may lead to customer’s order cancellation. Thus, order cancellation should be considered as a factor in order uncertainty to determine the optimal shipment consolidation policy. We develop mathematical models for quantity-based and time-based policies