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http://dx.doi.org/10.5855/ENERGY.2019.28.4.061

The Effects of Resource Inputs on Business Performances in Korean Environmental Companies Conducting R&D : Focusing on the Mediating Effect of Innovation  

Kim, Geun-U (Graduate School of Energy & Environment, Seoul National University of Science and Technology)
Ryu, Jae-Ho (Graduate School of Energy & Environment, Seoul National University of Science and Technology)
Park, Jung-Gu (Graduate School of Energy & Environment, Seoul National University of Science and Technology)
Publication Information
Abstract
This article analyzed the direct impact of resource inputs on business performances of Korean environmental companies conducting R&D, and the mediation effects of product-, process-, organization-, marketing-innovations between resource inputs and business performances. We conducted the mediation analysis using SPSS and Process Macro, based on a survey data from the Korean environmental companies. The article found that ① resource inputs have directly had a positive impact on business performances, and ② innovations have mediated them. ③ But among 4 types of innovations, the only mediation effect of organization-innovation has been verified, and the others have not appeared. Considering the above results, the following policy implications can be suggested. ① It is necessary to reinforce related policies so that companies can improve business performances through innovation. ② The government needs to carry out the prudent supporting policies so that innovations in product, process, and marketing can lead to business performances. This article has the limitation of using the survey data, and needs further researches on the sectoral system of innovation for Korean environmental industry.
Keywords
Korean environmental companies conducting R&D; Resource inputs; Business performances; Innovations; Mediation effects;
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