Asia-Pacific Journal of Business Venturing and Entrepreneurship (벤처창업연구)

The Korean Society of Business Venturing (한국벤처창업학회)
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A Study of Product Development Projects of Startup Ventures on Product Development Performance: Exploring the Role of Entrepreneurial Business Model

벤처기업의 제품개발 프로젝트와 제품개발 성과: 비즈니스 모델의 역할 탐색

  • Yoon, HyunJoong (Division of Business Administration & Accounting, Kangwon National University)
  • 윤현중 (강원대학교 경영회계학부)
  • Received : 2022.09.12
  • Accepted : 2022.10.30
  • Published : 2022.10.31
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Abstract

R&D projects for product development are crucial for ventures' growth and success. Current study summarizes existing studies that identify the relationship between startup ventures' R&D department, R&D investment, and R&D cooperation on product development performance, and highlights the effects of business model as well as the roles of R&D activities for product development project that have been traditionally emphasized. In order to consider the effects of business models that were not previously available, the effects of these factors on product development performance were comprehensively analyzed. The research results with 180 venture cases surveyed on venture companies in the growth stage in Korea, showed that the effect of product development project activities measured by R&D department, R&D investment and R&D cooperation on product development performance is not evident. However, the effect of business model on product development time and product development performance measured by product innovation was confirmed. In particular, it was found that the clarity and uniqueness of the business model interacted with the R&D investment to shorten the product development time and directly increase the innovativeness of the developed product. Based on these analysis results, the implications of this study, limitations of the study, and the future research directions were described.

많은 벤처기업들이 혁신적인 아이디어를 기반으로 제품을 개발하지만, 모든 제품개발 프로젝트가 성공적이지는 않기 때문에, 무슨 제품개발 프로젝트가 어떠한 조건에서 성공할 수 있는지를 파악하는 연구가 필요하다. 이에 본 연구는 기업의 제품개발 프로젝트와 제품개발 성과와의 관계를 파악하고 있는 기존 연구들을 정리하고 전통적으로 강조되어 온 연구개발 부서, 연구개발 투자 및 연구개발 협력의 효과뿐 아니라, 지금까지 잘 논의되지 않았던 비즈니스 모델의 효과를 함께 고려하였으며, 이 요인들이 제품개발 성과에 미치는 영향을 종합적으로 분석하였다. 한국의 성장단계 벤처기업들을 대상으로 조사된 180개 기업 사례를 분석한 결과, 연구개발 부서, 연구개발 투자와 연구개발 협력으로 측정된 제품개발 프로젝트가 제품개발 성과에 미치는 직접적인 효과가 유의미하지는 않았지만, 비즈니스 모델이 제품 혁신성으로 측정된 제품개발 성과에 미치는 직접적인 효과가 유의미하게 나타났으며, 특히 비즈니스 모델이 명확하고 독창적인 경우 연구개발 투자와 상호작용하여 제품개발 시간을 단축시키는 것으로 나타났다. 이러한 분석결과는 비즈니스 모델이 명확하고 독특한 경우 비즈니스 모델이 벤처기업의 제품개발 프로젝트가 성과로 이어질 수 있게 하는 피보팅 역할을 할 수 있다는 점을 시사하는 것이다.

Keywords

Acknowledgement

본 논문은 2019년 대한민국 교육부와 한국연구재단의 인문사회분야 신진연구자지원사업의 지원을 받아 수행된 연구임(NRF-2019S1A5A8037728)

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