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Empirical Study on the Determinants of Improving Open Innovation Performance : Based on New Product Development Collaboration with Suppliers  

Lee, Younsuk (동양미래대학교 경영학부)
Kang, Dong-Chang (동양미래대학교 경영학부)
Publication Information
Journal of Korea Technology Innovation Society / v.21, no.3, 2018 , pp. 1050-1076 More about this Journal
Abstract
In this study, we focus on identifying the determinants of improving technology collaboration performance between buyer and supplier and the impact of the determinants on new product development performance. We adopted trust, control and information sharing as the determinants of technology collaboration and the frequency of new product introduction and ratio of new product on revenue as dependent variables. We conducted hierarchical regression and mediation analysis using the data collected from 600 Korean manufacturing firms by Korean Productivity Association and Ministry of Trade and Industry in 2012. The empirical findings indicate that trust, control and information sharing are positively associated with technology collaboration performance and the degree of technology collaboration is also positively associated with both new product development performance. In addition, new product development performance is not only affected by technology collaboration but also mediated by trust. This result implies that developing social capital, trust with partner play a important role in leading to better performance by open innovation.
Keywords
Buyer-Supplier Collaboration; Trust; Control; Information Sharing; New Product Development Performance;
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