Journal of Information Technology Applications and Management

Korea Data Strategy Society (한국데이터전략학회)
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Institutional Determinants of Technical Innovation in ICT Industry : Based on An Empirical Analysis of OECD Countries

ICT 산업에서 기술 혁신에 영향을 미치는 제도적 요인 분석 연구 : OECD 국가의 실증분석을 중심으로

  • Lee, Hyun Jung (Yonsei Institute of Convergence Technology(YICT), Yonsei University) ;
  • Kim, Hee Sun (Research Institute for Small & Medium Enterprises(KOSBI)) ;
  • Kim, Jeong Ju (Research Institute for Small & Medium Enterprises(KOSBI))
  • Received : 2016.08.25
  • Accepted : 2016.12.27
  • Published : 2016.12.31
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Abstract

The growth of information and communication technology (ICT) has led to a rapid of business paradigm shift incurred in the creation of new social/market value, changes of a value chain and elements producing a value creation, and enlargement of the scope of market competition. It leads to the change and evolution of industrial structure, requiring innovations of policy and institution. However, most studies that have focused on the effect of policy and institution on innovation are based on thick description and qualitative evidence, while paying little attention to these linkages in an empirical way. Hence this study has attempted to empirically analyze policy and institutional factors affecting innovation performance, particularly attention to ICT industry in OECD countries. The findings derived from the empirical analysis provide important implications for catch-up countries in relation to the innovations of policy and institution for effective innovation system and start-up ecosystem.

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