기술혁신역량이 기업의 지식경영성과에 미치는 요인에 관한 연구: 정부 중소벤처기업 R&D사업을 중심으로

A Study on the Factors Influencing Technology Innovation Capability on the Knowledge Management Performance of the Company: Focused on Government Small and Medium Venture Business R&D Business

  • 설동철 (한국전기연구원) ;
  • 박철우 (부산가톨릭대학교 소프트웨어학과)
  • 투고 : 2020.07.10
  • 심사 : 2020.08.23
  • 발행 : 2020.08.31

초록

최근 글로벌 경제의 중장기적 불황과 성장률 하락에 기인하여, 대내외적으로 불투명한 환경하에서 생존하며 발전하기 위한 새로운 대안으로 새로운 서비스와 상품을 탄생시키고 생산방식의 변화와 업무 혁신 등으로 조직의 지속가능성을 높이는 기술혁신에 대한 관심이 날로 높아지고 있다. 이런 분위기 속에서 중소벤처기업의 성장은 국가 경제에 미치는 영향성이 지대하다는 것을 다수가 공감 중이며, 그런 중소벤처기업들이 기업 성과를 높이고 성과의 지속이 가능하도록 구성원들의 기술혁신 역량을 높이기 위한 여러 가지 노력이 지속되고 있다. 본 연구의 목적 역시 중소벤처 기업의 기술혁신 역량이 지식경영의 성과와 어떠한 상관관계를 가지고 있는가를 조사하고 기업의 전략적 활동을 조직화하여 가치 창출에 사용될 자원과 조직 능력을 외부 네트워크로부터 획득하게 하는 네트워크역량이 어떤 역할을 수행하는지에 대해 분석하여 확대 또는 강화해야 하는 영향요인을 정확히 파악하여 내·외부적인 역량을 강화하도록 하는 데 있다. 따라서 본 연구에서는 기술혁신역량이 중소벤처기업의 네트워크역량을 매개로 삼아, 기술혁신역량이 지식경영성과에 정(+)의 영향을 미칠 것이라는 가설을 검증하고자 한다. 기술혁신역량을 기반으로 한 경제활동이 코로나 등으로 불확실성이 높아진 환경에서 새로운 변화에 신속히 대응하며, 장기적 경기 침체 극복은 물론이고 거시적 경제 성장과 발전을 이끌어 조직의 지속적 성장과 생존뿐 아니라, 국가의 새로운 성장 동력이 될 수 있도록 해야 한다. 그리고 조직 내 가장 중요한 지식경영성과의 종속변수 설정을 통해서 본 연구를 진행하였다. 그 결과 기술혁신역량 중 연구개발역량과 학습역량은 재무적성과에 미치는 영향이 없는 것으로 나타났다. 그에 반해 기업혁신 활동은 재무적성과 및 비재무적성과에 모두 정(+)의 영향성을 가진 것으로 나타났다. 기술혁신역량을 활용하여 연구개발 활동을 하는 중소벤처기업 경영에서 무형적이며 비재무적인 요인 영향성이 확인되는 것은 선행연구 중 기업혁신 활동이 재무적성과에 영향성을 미친다는 다수의 연구와는 반대되는 결과이지만 일부 연구와는 유사한 결과이다. 이런 결과도출의 이유로는 조사기업들 다수의 업력이 7년 이상으로 스타트업 기업은 벗어났으나 매출은 100억 이하인 중소벤처기업들로서 매출 수익 일변도의 스타트업 시점과는 달리 연구개발역량과 학습역량이 재무적인 성과보다 무형적 비재무적성과에 긍정적 영향을 많이 끼치기 때문이라고 생각된다. 기업혁신 활동은 재무와 비재무적성과에 모두 긍정적(+)인 영향을 끼치는 것으로 나타났고, 연구개발역량과 학습역량은 네트워크역량을 매개변수로 재무적성과에 정(+)의 영향을 미치는 것으로 나타났다. 또한, 기업혁신 활동은 네트워크역량의 매개변수 영향성이 재무적성과와 비재무적성과 모두에 없는 것으로 나타났으며, 연구개발역량과 학습역량도 비재무적성과에는 영향성이 없었다. 네트워크역량의 매개변수 효과가 나타내는 것은 연구개발역량과 학습역량이 계량적 재무적성과를 도출할 때로 한정됨을 알 수 있다. 이런 결과들을 토대로 추후 연구개발사업의 성과측정에서는 비재무적성과 측정을 강화하도록 하는 정책 시행을 제시하는 바이다.

Due to the recent mid- to long-term slump and falling growth rates in the global economy, interest in organizational structures that create new products or services as a new alternative to survive and develop in an opaque environment both internally and externally, and enhance organizational sustainability through changes in production methods and business innovation is increasing day by day. In this atmosphere, we agree that the growth of small and medium-sized venture companies has a significant impact on the national economy, and various efforts are being made to enhance the technological innovation capabilities of the members so that these small and medium-sized venture companies can enhance and sustain their performance. The purpose of this study is also to investigate how the technological innovation capabilities of small and medium-sized venture companies correlate with the performance of knowledge management and to analyze the role of network capabilities to organize the strategic activities of enterprise to obtain the resources and organizational capabilities to be used for value creation from external networks. In other words, research was conducted on the impact of technological innovation capabilities of small and medium venture companies on knowledge management performance by using network capabilities as parameters. Therefore, in this study, we would like to verify the hypothesis that innovation capabilities will have a positive impact on knowledge management performance by using network capabilities of small and medium venture companies. Economic activities based on technological innovation capabilities should respond quickly to new changes in an environment where uncertainty has increased, and lead to macro-economic growth and development as well as overcoming long-term economic downturns so that they can become the nation's new growth engine as well as sustainable growth and survival of the organization. In addition, this study was conducted by setting the most important knowledge management performance within the organization as a dependent variable. As a result, R&D and learning capabilities among technological innovation capabilities have no impact on financial performance. In contrast, it was shown that corporate innovation activities have a positive impact on both financial and non-financial performance. The fact that non-financial factors such as quality and productivity improvement are identified in the management of small and medium-sized venture companies utilizing their technological innovation capabilities is contrary to a number of studies by those corporate innovation activities affect financial performance during prior research. The reason for this result is that research companies have been out of start-up companies for more than seven years, but sales are less than 10 billion won, and unlike start-up companies, R&D and learning capabilities have more positive effects on intangible non-financial performance than financial performance. Corporate innovation activities have been shown to have a positive (+) impact on both financial and non-financial performance, while R&D and learning capabilities have a positive (+) impact on financial performance by parameters of network capability. Corporate innovation activities have been shown to have no impact on both financial and non-financial performance, and R&D and learning capabilities have no impact on non-financial performance. It could be seen that the parameter effects of network competency are limited to when R&D and learning competencies are derived from quantitative financial performance. It could be seen that the parameter effects of network competency are limited to when R&D and learning competencies are derived from quantitative financial performance.

키워드

참고문헌

  1. Acha, V.(2000).The role of technological capabilities in determining performance: the case of the upstream petroleum industry. DRUID Winter Conference on Industrial Dynamics, Hillerod, Denmark.
  2. Adler, P. S., & Shenbar, A.(1990). Adapting your technological base; the organizational challenge. Sloan Management Review, 25, 25-37.
  3. Alavi, M., & Leidner, D.(1999). Knowledge Management Systems: Issues, Challenges, and Benefits. Communications of the Association for Information Systems, 1(7), 1-37.
  4. Ahn, Y. S., & Kim, H. S.(2002). An Empirical Study on Factors Affecting the Performance of Software Venture Companies. 經營學硏究, 31(2), 431-461.
  5. Anderson, J. C., & Narus, J. A.(1990). A Model of Distributor Firm and Manufacturer Firm Working Partnerships. Journal of marketing, 54(1), 42-58. https://doi.org/10.1177/002224299005400304
  6. Athanasios H.(2000). An investigation of innovation antecedents in small firms in the context of a small developing country. R&D Management, 30, 235-245. https://doi.org/10.1111/1467-9310.00174
  7. Baum, J. R., & Locke, E. A.(2001). A multimensional model of venture growth. Academy of Management Journal, 44(2), 292-303. https://doi.org/10.2307/3069456
  8. Belderbos, R., Carree, M., & Lokshin, B.(2004). Cooperative R&D and firm performance. Research policy, 33(10), 1477-1492 https://doi.org/10.1016/j.respol.2004.07.003
  9. Bierly, P., & Chakrabarti, A.(1996).. Knowledge Strategies in the U.S Pharmaceutical Industry. Strategic Management Journal, 17, 123-135. https://doi.org/10.1002/smj.4250171111
  10. Boso, N., Story, V. M., & Cadogan, J. W.(2013). Entrepreneurial orientation, market orientation, network ties, and performance: Study of entrepreneurial firms in a developing economy. Journal of business venturing, 28(6), 708-727. https://doi.org/10.1016/j.jbusvent.2013.04.001
  11. Branch, B.(1973). Research and Developmentand Its Relation to Sales Growth. Journal of Economics and Business, 25(2), 107-111.
  12. Breda, K., & John, F.(2011). SMEs' Networking Capability and International Performance. Interfirm Networks: Theory, Strategy, and Behavior.
  13. Bublitz, B., & M. Ettredge(1989). The Information in discretionary out lays: Advertising, research and development. The Accounting Review, 64(1), 108-124.
  14. Burgelman, R. A., Maidique, A., & Wheelwright, S. C.(2001). Strategic Management, Integrating Technology and Strategy: A General Management Perspective. McGraw-Hill, 5(1), 4.
  15. Cohen, W. M., & Levinthal D. A.(1990). Absorptive capacity: A New perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128-152. https://doi.org/10.2307/2393553
  16. Cha, Y. T.(2016). A Study on the Influence of Innovation Activities of Management Innovation SMEs (Main Biz) on Management Performance. Doctoral dissertation Sangmyung University Graduate School.
  17. Chandler, G. N., & Hanks, S. H.(1993). Market Attractiveness Resource-based Capabilities, Venture Strategies, and Venture Performance. Journal of Business Venturing, 9, 331-349. https://doi.org/10.1016/0883-9026(94)90011-6
  18. Choi, B. J.(2013). Network of Venture Companies, Organizational Competency, and Corporate Achievements. Journal of Korean Business Administration, 26(12), 3115-3146.
  19. Choi, J. Y.(2015). The Effect of Entrepreneurship, Innovation Capability and External Cooperation on the Technology Innovation Performance of Venture Companies. Venture Startup Research, 1(5), 219-231.
  20. Christian, L., & Michael, D.(2006). Firm Networks and Firm Development: The Role of the Relational Mix. Journal of Business Venturing, 21(4), 514-540. https://doi.org/10.1016/j.jbusvent.2005.02.004
  21. Damanpour, F., & Evan, W. M.(1984). Organizational innovation and performance: The problem of organizational lag. Administrative Science Quarterly, 29(3), 392-409. https://doi.org/10.2307/2393031
  22. De Gooijer, J.(2000). Designing a knowledge management performance framework. Journal of knowledge management, 4(4), 303-310. https://doi.org/10.1108/13673270010379858
  23. Drew, S. A.(1997). From knowledge to action: The impact of benchmarking on organizational per-formance. Long Range Planning, 30(3), 427-441 https://doi.org/10.1016/S0024-6301(97)90262-4
  24. Elena, C., & Orietta, M.(2006). Survivor: The Role lf Innovation in Firms' Survival. Research Policy, 35(5), 626-641. https://doi.org/10.1016/j.respol.2006.02.006
  25. Fang, G., Ma, X., Ren, L., & Zhou, Q.(2014). Antecedents of Network Capability and Their Effects on Innovation Performance: An Empirical Test of Hi‐tech Firms in China. Creativity and innovation Management, 23(4), 436-452. https://doi.org/10.1111/caim.12083
  26. Freel, M. S.(2000). Do Small Innovation Firms Outperform Non-Innovators?. Small Business Economics, 14(3), 195-210. https://doi.org/10.1023/A:1008100206266
  27. Gaylen, N. C., & Steven, H. H.(1993). Measuring the performance of emerging businesses: A validation study. Journal of Business Venturing, 8(5), 391-408 https://doi.org/10.1016/0883-9026(93)90021-V
  28. Gebhard, F., & Manfred, S.(1998). On the Dynamics of Product and Process Innovations. Journal of Economics and Statistics, 217(4), 401-417.
  29. Gilsing, V., & Nooteboom, B.(2005). Density and strength of ties in innovation networks: an analysis of multimedia and biotechnology. The journal of the European Academy of Management, 2(3), 179-197.
  30. Giovanni, D., Christopher, F., Richard, N., & Gerald, S. S.(1988). Technical Change and Economic Theory,LEM Book Series from Laboratory of Economics and Management (LEM). Sant'Anna School of Advanced Studies, Pisa, Italy.
  31. Glykeria Karagouni Karagouni Maria Kalesi(2011). Knowledge intensive entrepreneurship and dynamic capabilities in low tech SMEs: Evidence from the Greek food sector. MIBES Transactions, 5(2).
  32. Guan, J. C., Yam, R. C., Mok, C. K., & Ma, N.(2006). A study of the relationship between competitiveness and technological innovation capability based on DEA models. European Journal of Operational Research, 170, 971-986. https://doi.org/10.1016/j.ejor.2004.07.054
  33. Henny, R., & Manuel, A.(2002). Determinants of innovation capaility in small electronics and software firms in southeast England. Research policy, 31(7), 1053-1067. https://doi.org/10.1016/S0048-7333(01)00176-7
  34. Heunks, F. J.(1998). Innovation, Creativity and Success. Small Business Economic, 10(3), 263-272. https://doi.org/10.1023/A:1007968217565
  35. Hong, J. S., & Hong, S. I.(2013). Determinants and Implications of Technology Innovation Performance of SMEs. Korea Institute of Industry.
  36. Institute for Science & Technology Policy(2016). 2016 Korea's Corporate Innovation Survey: Manufacturing Industry.
  37. James, D. W.(2005). Identity Confirmation Networks and Cooperation in Work Groups. Academy of management journal, 48(2), 191-212. https://doi.org/10.5465/amj.2005.16928393
  38. Jang, K. S.(2012). The relationship between corporate innovation activities and management performance (focusing on the domestic small and medium-sized manufacturing industry). Quality Management Association, 38(4), 612-620.
  39. Jang, S. G., Shin, Y. S., & Jung, H. H.(2009). R&D investment, technology management capability, relationship between corporate performance. Business Administration Research, 38(1), 105-132.
  40. Jeong, S. H.(2003). Intellectual capital of the enterprise. An empirical study of the impact on performance. Knowledge Management Research, 4(1), 35-54.
  41. Jeong, J. H.(2005). Analysis of the Growth Factors of Domestic Venture Companies. Korea 開發硏究, 27(1), 123-156.
  42. Jerald, G., & Robert, A. B.(1995). Behavior in Organizations: Understanding and Managing the Human Side of Work. Prentice-Hall International, 5, 704
  43. Jeffrey, G. C., & Dennis, P. S.(1991). A conceptual model of entrepreneurship as firm behavior. Entrepreneurship:TheoryandPractice, 16(1), 7-24.
  44. Jian, Z., & Wang, C.(2013). The impacts of network competence, knowledge sharing on service innovation performance: Moderating role of relationship quality. LISS, 569-576.
  45. Joseph, E. C., & Paul, E. B.(2006). Measuring technological capability and performance. R&D management, 36(4), 421-438. https://doi.org/10.1111/j.1467-9310.2006.00444.x
  46. Jung, Y. M.(2015). A Study on Entrepreneurship, Management Activities, Organizational Culture and Corporate Performance: Focusing on Human-Centered Management. Creation and Innovation, 219-250.
  47. Karl, M. W.(1997). Integrating Intellectual Capital and Knowledge Management. Long Lange Planning, 30(3), 323-324. https://doi.org/10.1016/S0024-6301(97)00020-4
  48. Kang, B. O.(2011). A Study on the Influence of Entrepreneurship of Small and Medium Business CEOs on Enterprise Performance: Focusing on Franchise. Doctoral dissertation, Chung-Ang University.
  49. Kang, S. M.(2014). An Empirical Study on the Impact of Intellectual Property Rights Protection on the Inflow of Foreign Direct Investment: Focusing on American Multinational Companies. Management and Information Studies, 33(3), 21-33.
  50. Kim, H. S.(2015). The Influence of SME CEO's Competence on Corporate Globalization: Moderating Effect of Overseas Experience. Master's Thesis, Chung-Ang University Graduate School of Industry and Startup Management.
  51. Kim, H. G., & Jeong, S. H.(2002). A Study on the Influencing Factors on the Success of Knowledge Transfer through KMS in Companies -From a Constructivist Perspective to the Adoption Motivation of Beneficiaries. Business Administration Research, 31(4), 993-1037.
  52. Kim, J. W.(2012). The Effect of External Cooperation of Venture Companies on Management Performance. Venture Startup Study, 7(1), 215-224.
  53. Kim, S. S., & Kim, Y. W.(2000). An Empirical Study on Success Factors in Knowledge Management. 經營學硏究, 29(4), 585-616.
  54. Kim, S. M.(2018). A Study on the Impact of SMEs' Innovation Activities on Financial Performance and Employment Effect: using government policy fund support as a moderating effect. Master's thesis, Hansung University's Graduate School of Knowledge Service & Consulting.
  55. Kim, Y. S.(2005). A Study on the Relationship between High Performance Work Organization of Hotel and Management Performance: Focusing on the Mediating Role of Organizational Citizen Behavior. Doctoral dissertation, Gyeonggi University Graduate School.
  56. Koo, I. S.(2012). Relationship between corporate innovation activities and management performance (focusing on domestic small and medium-sized manufacturing industries). Quality Management Association, 38(4), 612-620.
  57. Kristian, M., & Halinen, A.(1999). Business Relationships and Networks:: Managerial Challenge of Network Era. Industrial Marketing Management, 28(5), 413-427 https://doi.org/10.1016/S0019-8501(99)00086-3
  58. Kwon, J. E.(2011). The Influence of Individual's Creative Inclinations on Organizational Creative Performance in Entertainment Media Companies: Focusing on the Mediating Effect of Discarded Learning and Absorption Capacity. Doctoral dissertation, Chung-Ang University Graduate School.
  59. Kwak, S. I., & Jang, Y. I.(1998). An Empirical Study on the Interaction between Technology Networking and Technology Innovation Strategy of Small and Medium Businesses. The Journal of Korean Society for Production Management, 9(3), 25-56.
  60. Kwak S. H., & Choi S. B.(2009). Determinants of technological innovation in the domestic service industry: From the viewpoint of resource reference theory and industrial organization theory. Journal of the Service Management Association, 10(2), 1-25.
  61. Lang, T. M., Lin, S. H., & Vy, T. N. T.(2012). Mediate effect of technology innovation capabilities investment capability and firm performance in Vietnam. Procedia-Social and Behavioral Sciences, 40, 817-829. https://doi.org/10.1016/j.sbspro.2012.03.267
  62. Lee, B. C.(2007). A Study on the Causes and Effects of Creativity in New Dining Out Products: Focusing on Organizational Factors. Doctoral dissertation, Kyunggi University.
  63. Lee, B. H.(2008). The Influence of Innovation Strategies of Exploration and Utilization and New Product Development Organizations on SMEs' Technology Innovation Competency. Journal of Technology Innovation Competency, 11(1), 118-143.
  64. Lee, K. W.(2010). The Influence of the Intensity and Diversity of Venture Business Network Exchanges on Management Performance: Mediating Effect of Technology Innovation and New Product Development. Doctoral dissertation, Seoul Venture University.
  65. Lee, D. S., & Jung, R. C.(2010). A Study on the Influence of Technology Innovation Ability and Technology Commercialization Ability of Korean SMEs on Management Performance. Academic Conference of the Department of Small and Medium Business.
  66. Lee, R.(2020). Structural relationship analysis between SMEs' technological innovation capabilities, collaboration, and new product development performance. Venture Startup Research, 15(1), 185-195.
  67. Lee, S. H., & Joe, K. T.(2012). Impact of R&D Investment on Management Performance: Focusing on the Mediating Effect of Technology Commercialization Ability. Technology Innovation Study, 20(1), 263-294.
  68. Lee, Y. T.(2009). A Study on the Development of Performance Standards for Social Enterprises Using BSC. Human Resource Management Research, 267-288.
  69. Lee, J. S.(2013). The Impact of SMEs' TQM Activities on Management Performance. Management and Information Research, 32(1), 111-134.
  70. Lee, J. W.(2012). A Study on the Influence of Knowledge Management Activities on Knowledge Management Performance: Mediating Role of Innovation Behavior. Doctoral dissertation. University of Ulsan Graduate School of Business.
  71. Lee, H. J.(1994). GE's 變身戰略. Yonsei Management Research, 125-154.
  72. Lee, H. W.(2003). A Study on the Consolidation and Abolition of Government-affiliated Offices and the Strategy of the Government: Focusing on the Agricultural Production Infrastructure Maintenance Project. Doctoral dissertation, Seoul National University Graduate School.
  73. Lim, C. Y.(2010). Survival and Growth of Venture Businesses: Focused on the Effects of Policy Support. Doctoral dissertation, Seoul National University Graduate School.
  74. Lim H. S., & Lim H. J.(2013), A Study on the Success Factors of Corporate Innovation, Innovation and Management Performance: For POSCO Group Companies. Korea Productivity Association, 27(4), 233-258.
  75. Lim, Y. D.(2002). Changes in the location and space of ceramics in Miryang. Journal of the Korean Regional Geographical Society, 8(1), 40-64.
  76. Michael, E. P.(1980). Competitive Strategy: techniques for analyzing Industries and Competitors. New York: The Free Press.
  77. Moses, A.(2012). Competitive Strategy, Management Control Systems and Firm Performance in sub-Saharan Africa. Academy of management annual meeting proceedings, 2012(1), 11026.
  78. Noh, Y. H.(2014). A Study on the Performance of SME Supported R&D Project. Industrial Economy Study, 27(6), 2403-2429.
  79. Noh, Y. J., Lee, S. K., Choi, H. K., Choi, J. Y., Sung, Y. Y., Kim, J. Y., Yoo, K. G., & Cho, Y. A.(2014). Technology Innovation Environment Change and Policy Response (Research Report 2014-731). Korea Institute of Industry.
  80. OECD(2005). The Measurement of Scientific and Technological Activities: Proposed Guidelines for Collecting and Interpreting Innovation Data. Oslo Manual, Final draft of the third edition.
  81. Oh, S. H.(2009). Organizational Theory. Seoul: Youngsa Park.
  82. Paul, G., John, V. R., & Chris, W.(1997). How persistently do firms innovate?. Research policy, 26(1), 33-48. https://doi.org/10.1016/S0048-7333(96)00903-1
  83. Parasuraman, A., & Zeren(1983). R&D's Relation in Profitand Sales. Research Management, Jan-Feb.
  84. Park, C. S., Lim, C. Y., Son, S.J., Park, C. S., Jeong, S. G., Hwang, J. G., Yang, E. S., & Lee, J. G.(2014). SME technology innovation capability evaluation and global policy trend analysis(V). Institute for Science and Technology Policy, Research 2014-07.
  85. Park, N. Y.(1998). Technology Innovation and Influencing Factors in SMEs. Korean Small and Medium Business Association, 20(2), 119-147.
  86. Park, E. K., & Kang, T. G.(2013). The Effect of Entrepreneur Orientation and Network Capability on the Internationalization Performance of Korean SMEs. International Management Research, 25(3), 97-131.
  87. Peterson, R.(1991). Small business usage of target marketing. Journal of Small Business Management, 29(4), 75-85.
  88. Philipp, D. K.(2008). Why are some entrepreneurs more innovative than others?. Small Business Economics, 31(1), 21-37. https://doi.org/10.1007/s11187-008-9107-0
  89. Qingrui, X., Ling, Z., Gang, Z., & Fangrui, W.(2007). Total Innovation Management: a novel paradigm of innovation management in the 21st century. The Journal of Technology Transfer, 32(1-2), 9-25. https://doi.org/10.1007/s10961-006-9007-x
  90. Romer, P. M.(1990). Endogenous Technological Change. The Journal of political economy, 98(5), S71-S102. https://doi.org/10.1086/261725
  91. Ruggles, R.(1998). The state of the notion:Knowledge management in practice. California Management Review, 40(3), 80-89. https://doi.org/10.2307/41165944
  92. Ryu, D. W., & Park, T. K.(2012). The Effects of Organizational Competency and Strategic Network on Management Performance: The Moderating Effect of Environmental Dynamics. Entrepreneurship and Venture Research, 15(43), 23-41.
  93. Robert, S. K., & David, P. N.(1992). Balanced scorecard. Measures that drive performance. The Journal of applied manufacturing systems, 5(2), 11.
  94. Schoenecker, T., & Swanson L.(2002). Indicators of firm technological capability: validity and performance implications. Engineering Management, 49(1), 36-44.
  95. Shaker, A. Z., & William, C. B.(2000). Technology strategy and software new ventures' performance: Exploring the moderating effect of the competitive environment. Journal of Business Venturing, 15(2), 135-173. https://doi.org/10.1016/S0883-9026(98)00009-3
  96. Shim, G. J.(2011). A Study on the Internal Resource Factors Affecting the Financial Performance of Innovative SMEs: Based on the empirical analysis according to the classification of venture, technology innovation, and management innovation SMEs. doctoral dissertation, Kyung Hee University graduate school.
  97. Solow, R.(1957). Economic Growth and Instability. Econometrica: journal of the Econometric Society, 25(4), 612. https://doi.org/10.2307/1905388
  98. Song, C. W.(2011). The Influence of Government R&D Investment on Total Factor Productivity: For private sector support projects. Productivity Journal, 25(2), 237-257. https://doi.org/10.15843/kpapr.25.2.201106.237
  99. Song, H. Y.(2009). Comparative Analysis and Implications of R&D Capabilities of Local Companies. KIET Industrial Economy, 133, 50-60.
  100. Stock, G. N., Greisand, N. P., & Fischer, W. A.(2002). Firmsize and dynamic technological innovation. Technovation, 22(9), 537-549. https://doi.org/10.1016/S0166-4972(01)00061-X
  101. Sung, M. J.(2010). The Influence of Manager's Talent Development Behavior and Compensation Fairness Behavior on Subordinates' Organizational Commitment. Master's Thesis, Seoul National University Graduate School.
  102. Sung, T. K.(2002). Determinants of Corporate Technology Innovation Activities: An Exploratory Study from a Resource-Based Perspective. Technology Innovation Study, 10(2), 69-90.
  103. Tatikonda, M. V., & Rosenthal, S. R.(2000). Successful execution of product development projects: Balancing firmness and flexibility in the innovation process. Journal of operations management, 18(4), 401-425. https://doi.org/10.1016/S0272-6963(00)00028-0
  104. Thomas, R., & Hans, G. G.(2003). Network Competence: Its Impact on Innovation Success and Its Antecedents. Journal of Business Research, 56(9), 745-755 https://doi.org/10.1016/S0148-2963(01)00259-4
  105. Tomsic, N., Bojnec, S., & Simcic, B.(2015). Corporate sustainability and economic performance in small and medium sized enterprises. Journal of cleaner production, 108(A), 603-612. https://doi.org/10.1016/j.jclepro.2015.08.106
  106. Venkatraman, N., & Vasudevan, R.(1986). Measurement of Business Performance in Strategy Research: A Comparison of Approaches. Academy of Management Review, 11(4), 801-814. https://doi.org/10.5465/amr.1986.4283976
  107. Wang, C. H., Lu, L. Y., & Chen, C. B.(2008). Evaluating Firm Technological Innovation Capability under Uncertainty. Technovation, 28, 349-363. https://doi.org/10.1016/j.technovation.2007.10.007
  108. Yang, D. W.(2006). An exploratory study on the causal relationship between venture technology evaluation and management performance. Korean Venture Entrepreneurship Association, 2006(11).
  109. Yam, R. C., Guan, J. C., Pun, K. F., & Tang, E. P.(2004). An audit of Technological innovation capabilities in chinese firms: some empirical findings in Beijing. China. Research Policy, 33, 1123-1140. https://doi.org/10.1016/j.respol.2004.05.004
  110. Yam, R. C. M., Guan, J. C., Pun, K. F., & Tang, E. P. Y.(2004). An Audit of technological innovation capabilities in chinese firms: some empirical findings in Beijing, china. Research Policy, 31(3), 543-567.
  111. Yoon H. D., & Seo R. B.(2011). A Study on Key Factors Affecting Technology Management Performance of Inno-Biz SMEs. Journal of Technology Innovation, 19(1), 111-144.
  112. Yun, H. B.(2015). A Study on the Influence of Corporate Characteristics of Technology Startup Companies on Management Performance: Comparative Analysis of Fast-growing Companies and General Companies. doctoral dissertation, Chung-Ang University Graduate School.
  113. Zahra, S. A. & George, G.(2002). Absorptive Capacity: A Review, Reconceptualization, and Extension. Academy of Management Review, 27(2), 185-203. https://doi.org/10.5465/amr.2002.6587995
  114. 과학기술정책연구원(2016). 2016년 한국의 기업혁신조사: 제조업 (Korea Innovation Survey).
  115. 양동우.박경주(2006). 벤처기술평가와 경영성과의 인과관계에 관한 탐색연구. 한국벤처창업학회 추계학술대회.