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      • The Impact of Research and Development on Korean Economic Growth from 1970 to 2007

        OSANO ROBERT OSANO 경희대학교 국제경영연구소 2010 국제경영연구 Vol.16 No.-

        Korea emerged from the list of least developed economies to join the ranks of OECD by means of intensified investments in technology and innovations. The synergies amassed in the R&D intensification process lead to a multiplier effect in the economy, leading to accelerated economic growth. This study is the first attempt to incorporate the level of skills per worker to reflect labor efficiency and R&D expenditure in the production model to explain the net effect of R&D investment on productivity growth. The findings in this paper indicate that the R&D investments have not only a positive effect on the economy, both as an additional resource in the production of national output and as factor saving element in TFP, but also the returns from R&D investments are comparable to the physical capital investment returns in the long run. Korea compares well in the rates of return on R&D investment with a ‘'payback period" close to the average of its OECD counterparts.

      • KCI등재후보

        Factors Influencing Global Expansion/Scalability of Small and Medium Enterprises: A Kenyan Case

        Osano, Hezron Mogaka World Technopolis Association 2019 World Technopolis Review Vol.8 No.1

        The purpose of this research was to investigate the factors influencing global expansion/scalability of Kenyan Small and Medium Enterprises (SMEs). Factor analysis and multiple/multivariate regression analysis to determine the functional relationship between independent variables (factors) and the dependent variable was used. The independent variables were: innovation & technology, fitness/appropriateness of management, global marketing strategy; and support environment and the dependent variable, global expansion/scalability. Data was collected from a survey of randomly selected firms of 205, drawn from a population of 440 firms from Kenya Manufacturers Directory, with 175 firms responding. The key findings from the research in relation to Kenyan SMEs were that: there is a functional relationship between global market strategy and global expansion; there is a functional relationship between innovation and technology orientation and global expansion, there is no significant functional relationship between supportive environment of firms and their global expansion; and there is no significant functional relationship between fitness/appropriateness of management and global expansion/scalability. The implications for practice is that the ranking of the factors in order of priority supports focusing concern on the orientation of business strategy toward global market strategy, market research geared at obtaining foreign market intelligence, innovation and technology, product adaptation, service orientation, collaborative ventures, and long-range vision as key factors in making Kenyan firms successful in the international market. The implication for policy and practice is that there is need for collaboration between industry and government in pursuing policies for global expansion/scalability and among SMEs and large enterprises particularly in areas of rapid technological change.

      • KCI등재후보

        Universities and Development of Regional Innovation Ecosystems: Case of Kenya

        Osano, Hezron M. World Technopolis Association 2017 World Technopolis Review Vol.6 No.2

        Universities are considered important actors and drivers of socio-economic development in the regional innovation eco-system. This article investigates the role Kenyan universities and research institutes play in the development of regional innovation eco-system in the context of triple and Quadruple helices. A model involving Government, Industry, Universities and Society (Public) linkages in the regional innovation eco-system and with Information and Communication Technology as an enabler is used as a framework for analysing the nature of linkages in Kenya. The article uses literature review and case study methods to examine how universities and research institutes can spur the development of the innovation eco-systems. The research question is: what is the role of Kenyan universities and research institutes in spurring innovation ecosystems? Six cases of Kenyan universities and research institutes are considered in the light of Government Policy on Science, Technology and Innovation (STI) which is underpinned in Kenyan constitution 2010. The study contributes to the understanding of how deep collaboration among universities, government, research institutes, Science Cities, local, regional, national and international players spurs the creation of world-class innovation ecosystems which can contribute to regional development in developing countries like Kenya.

      • KCI등재후보

        Factors Influencing Global Expansion/Scalability of Small and Medium Enterprises: A Kenyan Case

        Hezron Mogaka Osano 세계과학도시연합 2019 World Technopolis Review Vol.8 No.1

        The purpose of this research was to investigate the factors influencing global expansion/scalability of Kenyan Small and Medium Enterprises (SMEs). Factor analysis and multiple/multivariate regression analysis to determine the functional relationship between independent variables (factors) and the dependent variable was used. The independent variables were: innovation & technology, fitness/appropriateness of management, global marketing strategy; and support environment and the dependent variable, global expansion/scalability. Data was collected from a survey of randomly selected firms of 205, drawn from a population of 440 firms from Kenya Manufacturers Directory, with 175 firms responding. The key findings from the research in relation to Kenyan SMEs were that: there is a functional relationship between global market strategy and global expansion; there is a functional relationship between innovation and technology orientation and global expansion, there is no significant functional relationship between supportive environment of firms and their global expansion; and there is no significant functional relationship between fitness/appropriateness of management and global expansion/scalability. The implications for practice is that the ranking of the factors in order of priority supports focusing concern on the orientation of business strategy toward global market strategy, market research geared at obtaining foreign market intelligence, innovation and technology, product adaptation, service orientation, collaborative ventures, and long-range vision as key factors in making Kenyan firms successful in the international market. The implication for policy and practice is that there is need for collaboration between industry and government in pursuing policies for global expansion/scalability and among SMEs and large enterprises particularly in areas of rapid technological change.

      • KCI등재후보

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