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The Effect of Innovation on Business Performances in Small and Medium Enterprises  

Jang, Kwang-Soon (Department of Business Administration, Chungju National University)
Kim, Yong-Beom (Department of Business Administration, Chungju National University)
Publication Information
Journal of the Korea Safety Management & Science / v.12, no.4, 2010 , pp. 239-246 More about this Journal
Abstract
The purpose of this study is looking for the effects of innovation on business performance in Korean SMEs. We were able to obtain participations of 169 questionnaire, and derived statistics by means of SPSS/PC version 15.0 and AMOS. In this study we found that employee's quality mind and organizational supports for company innovation activities are significant to product innovation and process innovation. The reason is easy to adoption and participation in the innovation for all the members of the staff. As a statistical result, the research conduced that both product innovation and process innovation largely affects the business performances increase.
Keywords
Innovation; Product Innovation; Process Innovation; AMOS;
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