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AbstractThis study examines the effects of commercially-oriented research and development (R&D) competence and technology commercialisation (TC) policies in public research organisations (PROs) on R&D efficiency of companies when they receive technology transfer from PROs. This study especially uses three-stage data envelopment analysis in order to control the companies' absorptive capacity and innovation hurdles that affect the efficiency. The results show that companies that receive technology transfer from PROs that have good alignment between commercially-oriented R&D competence and TC policies have higher R&D efficiency than companies that do not. On the other hand, the misalignment between PROs' commercially-oriented R&D competence and TC policies can have negative effects on R&D efficiency of companies that receive technology transfer. Consequently, this study discloses that the alignment between technology transferor's commercially-oriented R&D competence and TC policies is critical for improving the R&D efficiency of companies when the companies acquire technologies from external organisations.

Although many studies have been conducted to determine factors that influence Internet adoption and use by older adults, the focus has tended to be on investigating the consumers' intention to adopt the Internet. Although the factors that influence intention to adopt lead to nonusers'
initial Internet adoption, they do not guarantee continued and frequent Internet use thereafter. Therefore, our aims in this study were to identify the factors that facilitate and impede the process of Internet adoption by people aged 40 years and over. We conducted surveys with 410 consumers
aged between 40 and 70 years and found that there are influential factors that are different and some that are identical at different stages of the Internet adoption process. Based on these findings, we discuss implications and suggest effective strategies to encourage consumers aged between
40 and 70 years to adopt and continue to use the Internet.

PurposeThis paper aims to explore the effect of social ties on the relationship between corporate social responsibility (CSR) and firm performance in Korea.Design/methodology/approachSocial ties were measured from firm disclosures of 318 Korean firms from 2012 to 2015. Propensity score matching and regression analysis were used to investigate the moderating effects of social ties on the relationship between CSR and firm performance.FindingsThe result shows that social ties have more negative moderating effects on the relationship between CSR and firm performance in Chaebol firms than in non-Chaebol firms.Practical implicationsFirms need to enhance the monitoring of social ties within board members to assure the proper oversight of CSR.Originality/valueThis paper contributes to the CSR literature by providing empirical evidence of the negative aspects of social ties on the relationship between CSR and firm performance in Korea.

In Korea, spent fuel is temporarily stored in spent fuel pools at nuclear reactor sites and it is predicted to become saturated between 2020 and 2024. For this reason, four disposal alternatives (KRS-1, A-KRS-1, A-KRS-21, and A-KRS-22) have been developed in order to carry out the direct disposal of the CANDU spent fuel. The objective of this study is to conduct cost efficiency analysis of the disposal alternatives in consideration of price volatility for the radioactive waste repository. To derive future price volatility, this study used the ARIMA model. As a result, A-KRS-1 is the most efficient in terms of price per bundle using 2015 price. As for the results using ARIMA model, except in the case of KRS-1, the cost per bundle of A-KRS-1, A-KRS-21, and A-KRS-22 is decreased. Cost estimation using ARIMA model shows little change or decreases in cost while cost estimation using inflation rates for 2020 resulted in approximately 7.2% increases compared to 2015 for all options. As for the results of scenario analysis, A-KRS-1 earned 8,160 points, while A-KRS-22 followed closely behind with 7,980 points among the total 24,300 points. The results of this study provide invaluable policy data for any nation considering the construction of spent nuclear fuel repository.