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http://dx.doi.org/10.12812/ksms.2021.23.1.081

Analysis of Determinants of Technological Innovation for SMEs Using Corporate Panel DB  

Seong, Byungho (Regional Innovation Agency, Daegu Technopark)
Kim, Taesung (School of Industrial Engineering, Kumoh National Institute of Technology)
Publication Information
Journal of the Korea Safety Management & Science / v.23, no.1, 2021 , pp. 81-94 More about this Journal
Abstract
In SMEs, technological innovation is recognized as an important tool in terms of sustainable growth. This study analyzed the determinants of technological innovation by using the information of the corporate panel DB composed of local SMEs. The internal factors were added with technological innovation capacity and production capacity and the industrial cluster environment was first applied to external factors. Also, whether the industrial cluster environment influences technological innovation through R&D capabilities, the mediating effect was tested with the Sobel Test. Among the internal and external factors, the most important determinant was marketing ability, and a policy was proposed to develop measures to increase R&D capability with mediating effect. Among the technological innovation variables, which are dependent variables, the most determinant factor was the proportion of new product sales. For this, it is considered that additional research such as longitudinal research with the concept of repetition and parallax using the corporate panel DB is necessary.
Keywords
Technology Innovation; Industrial Cluster Environment; Corporate Panel DB; Marketing Capability; R&D Capability; Sobel Test;
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