Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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The R&D Collaboration and Competitive Advantages in Korean Global Venture Firms

해외진출 벤처기업의 R&D협력이 경쟁우위에 미치는 영향

  • Yang-Pok Rhee (Department of Global Business, Dong-A University)
  • 이양복 (동아대학교 글로벌비즈니스학과)
  • Received : 2022.03.25
  • Accepted : 2022.04.26
  • Published : 2022.04.30
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Abstract

This study is to investigate the relationships between R&D collaboration and competitive advantage in Korean international venture firms from the perspective of resource-based theory, organizational learning and network theory. The R&D collaboration is divided into vertical cooperation within the value chain and horizontal cooperation beyond value chain. The first key finding from empirical analysis is that both vertical and horizontal R&D collaborations have significantly positive impacts on technology based competitive advantages. The vertical R&D collaboration has more impacts on competitive advantages than horizontal R&D collaboration. This suggests that R&D collaboration with purchasers and suppliers plays a greater role for venture organizations' competitiveness. Second, the potential knowledge based absorption capacity and mutual goodwill trust also work significantly to reinforce the positive influences of R&D collaboration to the competitive advantage. This implies that mutual trust between partners participating in collaboration and absorption capacity within venture organizations would strengthen the effectiveness of R&D cooperation. This study provides the practical implications that the performance and effectiveness of R&D collaboration may rely on the nature of cooperation partners and internal organization capability.

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Acknowledgement

이 논문은 2021년 대한민국 교육부와 한국연구재단의 인문사회분야 신진연구자지원사업의 지원을 받아 수행된 연구임(NRF-2021S1A5A8063546)

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