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The Effect of Innovation Intermediaries on Firm's Absorptive Capacity : Focusing on Moderating Effect of Innovation Environmental Factors  

Lee, Sunje (연구개발특구진흥재단)
Chung, Sunyang (건국대학교 기술경영학과)
Publication Information
Journal of Korea Technology Innovation Society / v.21, no.1, 2018 , pp. 354-384 More about this Journal
Abstract
This paper aims at analyzing the effect of the relationship between innovation intermediaries and firms on firms' absorptive capacity from the perspectives of social capital. And it also analyzes how firms' innovation environment influences on their absorptive capacity in this process. For this purpose, we carry out an empirical analysis on 200 firms in the Daedeok Innopolis, which is the representative innovation cluster in Korea. According to this study, firm's absorptive capacity is positively affected by the reliability and frequency of firms' communication with innovation intermediaries. However, the geographic proximity does not have significant influence. Also, the innovation environmental factors play a positive moderating role in the absorptive capacity of firms, and the social factors have a distinct significant influence on it directly. Based on these findings, this paper would make a contribution to recognize the importance of innovation intermediaries in innovation process and their role as preceding factors to firms' absorptive capacity, as well as innovative environment in the innovation process.
Keywords
Innovation Intermediaries; Innovation Environmental Factors; Absorptive Capacity; Daedeok Innopolis; Moderating Effect;
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Times Cited By KSCI : 3  (Citation Analysis)
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