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http://dx.doi.org/10.5392/JKCA.2022.22.10.703

A Study on Innovation Capability and Business Performance: Multi-Group Analysis by Company Location  

Choi, Kyu-Sun (대전과학산업진흥원 융합혁신본부 글로벌전략부)
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Abstract
The concentration of local businesses in the capital region promotes a decrease in the local population and polarization between the capital region and non-capital regions. It affects the competitiveness of local industries and creates a vicious cycle throughout the local economy, society and culture. Therefore, this study classified the companies in the capital region and non-capital regions by group and examined the effect of the innovation capability factors of companies on the creation of business performance. We analyzed the effects of R&D capabilities, which are elements of innovation capability, and open innovation and convergence capabilities on business performance. Smart PLS 3.0 was used for analysis including direct and indirect mediating and moderating effects, multi-group analysis, and structural equation model analysis. As a result, R&D capability did not have a significant effect on business performance, but it has a positive influence towards business performance through convergence capability and open innovation. However, the effectiveness of open innovation in non-capital regions and convergence capabilities in capital region were not statistically significant. In particular, in terms of open innovation, as the difference between groups is statistically clear, follow-up measures are suggested especially in non-capital regions.
Keywords
R&D Capability; Open Innovation; Convergence Capability; Innovative Behavior; Business Performance; Regional Innovation Research;
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Times Cited By KSCI : 4  (Citation Analysis)
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