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Sep, 7, 2011

Internationalization of Technology Based Company through Foreign Business Incubator - Case Study of Glotech Co.,Ltd in Hoseo TBI. Sep, 7, 2011. Hong, Kim. Professor HOSEO UNIVERSITY KOREA. Hong Kim, Ph.D. Researcher: 6yr.(Korean Institute Manchinery & Metals)

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Sep, 7, 2011

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  1. Internationalization of Technology Based Company through Foreign Business Incubator - Case Study of Glotech Co.,Ltd in Hoseo TBI Sep, 7, 2011 Hong, Kim Professor HOSEO UNIVERSITY KOREA

  2. Hong Kim, Ph.D. • Researcher: 6yr.(Korean Institute Manchinery & Metals) • Professor: 24yr.(Present)(Hoseo University) • BI Manager:13yr.( Director, Hoseo TBI) • Entrepreneurship Eduction:9yr.(Dean, Graduate School of Global Entrepreneurship) • Business:3yr(Present)(CEO, Glotech Co. Ltd. Chairman, GlofinnOy. Finland)

  3. Lifecycle of Venture Companies

  4. Core Competency of Venture Companies The Interior Foreign Country Marketing Aggressive investment Feed-Back Collect profits(ROI) Production The Interior The Interior Funding Technology Continuous Investment Foreign Country Foreign Country Funding

  5. Types of Overseas Advances By Venture Companies Management Resources Management Activities Venture Capital Manpower Technology Alliances Production Post Market Money Man Technology Network Idea Product Development Production Sale Large Corporation + Venture Company Incubator + Venture Company Venture Company + Venture Company Capital + Technology Market + Technology Technology + Technology

  6. Ways for international market

  7. Case Study Glotech Co. Ltd. In Hoseo Technology Business Incubator go to Finland for European Market.

  8. GLOTECH Co.,Ltd

  9. 2010 Performance. Sales (3M$→10M$) Assets (2M$→3M$) 89%↑ 237%↑

  10. 2010 Performance. Employee ( 27 → 56 ) Area (409㎡→945㎡)

  11. Main Business(IT) ) Optical Joystick Module Packaged Image sensor (Glotech) Optical Joystick Equipped Device Using Example

  12. Sub Business( LED ) Lamp LED Power LED Size : 3π, 5π Type : Round, Oval Type Color : R / G / B / W / Full color 1W, 3W, 5W, etc Color : White Top view LED Side view LED SMD Chip LED Size : 2.8 * 1.2, 3.8 * 1.2 mm Color : White Size : 1608 *0.4t or 0.6t Color : RGBW / Full color

  13. New Business(Medical Devices) Plate & Screw PRP kit Nose beam • Usage • Skin rejuvenation • Hair Loss • Integrated pain management • Usage • Face deformation operation • Jaws joint deformation operation • Bone fracture part operation • Usage • Curve complaint cure • Nose end plastic operation

  14. 1. PRP(Platelet Rich Plasma) Application • Wound healing • Skin repair • Tennis elbow • Dental health • Cosmetic Therapy • Fig. 1. Constituent parts of the blood & Separated Blood

  15. GLO PRP • Semi-closed • Simple procedure • Low cost

  16. 2. Biodegradable Plate and Screw(Bio Material)

  17. 3. Nose Beam (Bio Material)

  18. 利用Nosebeam与自体软骨隆鼻术 手术完成度 自体软骨提取 Nosebeam+软骨附着 Nosebeam(生体可吸收性材料)

  19. Nose beam Operation Before Correction for deformities After Correction for deformities

  20. Global Marketing • Through BI network between Hoseo TBI and Salo Business, Finland.

  21. Why Finland? • BI Network • Small country but has good brand name: • NOKIA • Transparency business environment • Good cluster for Bio medical technology • Closest Country from Asia

  22. National Rankings of Clinical Medicine 1999-2009 Citations per research paper

  23. Finland = Closest to Asia

  24. Targeted countries Sweden Finland Norway Russia Estonia Latvia Denmark Lithuania Belarus Netherlands England Poland Germany Ukraine Czech Slovakia France Hungary Austria Romania Italy Bulgaria Spain Turkey

  25. Model of Joint Venture in Finland

  26. GLOFINN OY

  27. Team of GLOFINN OY

  28. Business Items

  29. Supporting System from Salo BI

  30. Performance of Glofinn Oy

  31. University of Turku(Finland)

  32. University of Turku(Finland)

  33. University of Tartu(Estonia)

  34. St. Petersbrug(Russia)

  35. Where is next country? • Japan: Agreed with Prof. Kenji Kusumoto. • China: Agreed with TJAB(Tianjin International Joint Academy of Bio-technology and Medicine) • Taiwan: with CBIA network • USA: ??

  36. Vision of Glotech Co.,Ltd EU and Russia GLOFINN 2010.11 Glotech 2008.07 USA and Central & South America GLOUSA 2012.05 China Tianjin Glotech 2011.09 Japan GLOJAPAN 2012.02

  37. Lessons

  38. THANK YOU Ph. D Hong Kim

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