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The Effect of Open Innovation on New Business Development

개방형 혁신 활동이 신사업 발굴 성과에 미치는 영향

  • Do, Sungjeong (Department of MOT, Sungkyunkwan University) ;
  • Cho, Keuntae (Department of Systems Management Engineering/Graduate School of MOT, Sungkyunkwan University)
  • 도성정 (성균관대학교 기술경영학과) ;
  • 조근태 (성균관대학교 시스템경영공학과/기술경영전문대학원)
  • Received : 2016.12.14
  • Accepted : 2017.02.20
  • Published : 2017.03.31

Abstract

The purpose of this study is to empirically analyze whether open innovation activities are significant and which methods are more effective in developing new businesses. Based on the latest technological innovation survey data of the Science and Technology Policy Institute, the results were analyzed by binary logistic regression analysis. As a result of the analysis, we confirmed that open innovation activities have a positive effect on the performance of developing new businesses. In the open innovation activities, Recruitment (invitation) of specialist in related fields, Business alliance technical agreement, Dispatch of personnel, M&A, Acquisitions identify related field trends showed more influence in order. It would be beneficial to improve the performance of developing new businesses with a low probability of success if utilize more effective innovation activities in developing new business in enterprises or organizations throughout this study.

Keywords

References

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