Browse > Article
http://dx.doi.org/10.5762/KAIS.2018.19.5.373

An Empirical Study on the Use of Innovation Source and Government Support Programs in Technology Innovation Performance based on A Structural Equation Model(SEM)  

Kang, Seung-Gyu (Gyeonggido Job Foundation, Policy Research Team)
Hwang, Seo-Yeon (Seoul Business Agency)
Park, Jaemin (Department of Technology Management, Konkuk University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.19, no.5, 2018 , pp. 373-388 More about this Journal
Abstract
Recently, the importance of technological innovation has increased for securing competitiveness and for the survival of companies. On the other hand, obstacles that enterprises face during the course of technological innovation have diversified. Through prior studies, various innovation sources and government support systems are considered important factors in resolving these obstacles as well as securing technological innovation and competitiveness. However, these studies face criticism concerning various relationships between the influencing factors and the use of simple causal models. In this study, the effects on performance were analyzed based on a structural equation model. For analysis, 1,251 observed values were collected from the "2014 Korean Innovation Survey: Manufacturing Sector". Results found that obstacles to technological innovation in terms of fund, capacity and market promote the use of innovation sources and government support programs. On the other hand, various innovation sources and government support systems utilized by corporations have positively influenced technological innovation performance. As expected, among these obstacles, financial limitation had the greatest negative effect on innovation.
Keywords
Technology Innovation; Innovation Barriers; Source of Innovation; Government Support; Structural Equation Model(SEM); Innovation Performance;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
연도 인용수 순위
1 Gaila, F., Legros, D., Complementarities Between Obstacles to Innovation: Evidence from France, Research Policy, vol. 33, pp. 1185-1199, 2004. DOI: https://doi.org/10.1016/j.respol.2004.06.004   DOI
2 Radas, S., Bozic, L., "The Antecedents of SME Innovativeness in an Emerging Transition Economy, Technovation, vol. 29, no. 6, pp. 438-450, 2009. DOI: https://doi.org/10.1016/j.technovation.2008.12.002   DOI
3 Symeonidis, G., "Innovation, Firm Size, and Market Structure: Schumpeterian Hypotheses and Some New Themes", OECD Ecnomics Working Paper 161, OECD Economics Department, 1996.
4 Dosi, G., "Sources, Procedures and Microeconomic Effects of Innovation", Journal of Economic Literature, vol. 26, pp. 1120-1171, 1988.
5 Zeng, S. X., Xie, X. M., "Relationship Between Cooperation Networks and Innovation Performance of SMEs", Technovation, vol. 30, no. 3, pp. 181-194, 2010. DOI: https://doi.org/10.1016/j.technovation.2009.08.003   DOI
6 S. M. Park, H. Kim, "DEA Models and Application Procedure for Performance Evaluation on Governmental Funding Projects for IT Small and Medium-sized Enterprises with Exogenously Fixed Variables of Corporate Competency", The Journal of the KICS, vol. 33, no. 5, pp. 364-378, 2008.
7 Gefen, D., Straub, D., Boudreau, MC., "Structural Equation Modeling and Regression: Guidelines for Research Practice", Communications of the Association for Information Systems, vol. 4, no. 7, pp. 1-79, 2000.
8 S. K. Lee, Technology Acquisition Strategies for Firms to Overcome Interactive Obstacles Confronted in the Path to Innovation: Empirical Evidence on the Korean Manufacturing Industry, Seoul: Science and Technology Plicy Institute, 2008.
9 Veugelers, R., Cassiman, B., "Make and Buy in Innovation Strategies: Evidence From Belgian Manufacturing Firms", Research Policy, vol. 28, no. 1, pp. 63-80, 1999. DOI: https://doi.org/10.1016/S0048-7333(98)00106-1   DOI
10 T. Y. Lee, J. K. Song, D. H. Ahn, W. S. Lee, S. I. Jeong, C. W. Song, S. J. Son, H. H. Kim, H. H. Heo, K. I. Han, A Comprehensive Appraisal of Policy Support Programs for Technological Innovation, Seoul: Science and Technology Policy Institute, 2006.
11 K. A. Kim, "The Impact of Supporting Policies in the Technological Innovation of the firm in the Service Industries", Korean Journal of Local Government & Administration Studies, vol. 28, no. 2, pp. 34-45, 2014.
12 S. P. Jeon, T. W. Sung, J. H. Seo, "A Study on the Relationship between R&D Information Support Programs and SME Performances: With Focus on ICT SMEs", Journal of Korea Technology Innovation Society, vol. 19, no. 1, pp. 48-79, 2016.
13 T. K. Seong, J. S. Kim, "Determinants of Firm's Innovative Performance: Evidence from Jeonbuk-based Firms in Korea", Korea Journal of Business Administration, vol. 22, no. 4, pp. 2017-2036, 2009.
14 S. H. Kim, "Impact of open innovation's utilization on technological innovation performance in technological innovation process of small and medium-sized enterprises", dissertation(degree of master), KOREATECH, 2013.
15 S. H. Kim, J. H. Kim, "An Exploratory Study on the Performance of Open Product Innovation: Product Innovation Strategy, Source and Partner Contribution Perspectives", Korea Journal of Business Administration, vol. 24, no. 2, pp. 685-703, 2011.
16 S. W. Moon, "How Does Openness Influence Innovation of Korean Manufacturing Firms?", Journal of Korea Technology Innovation Society, vol. 14, no. 1, pp. 711-735, 2011.
17 Chesbrough, H. W., Open Innovation, Harvard Business School Press, 2006.
18 H. W. Shin, "An Empirical Study on the Relationship between Barriers and Policy Measures in Technological Innovation", Journal of Technology Innovation, vol. 17, no. 2, pp. 81-107, 2009.
19 H. W. Shin, "A Study on the Utilization of Governmental Programs for Technological Innovation in Korean Manufacturing Companies", dissertation(degree of doctor), SEOULTECH, 2010.
20 K. Y. Seo, C. Y. Lee, "The Bottleneck Factors of Innovative Activities in Korean Manufacturing Firms", Journal of Technology Innovation, vol. 12, no. 1, pp. 115-134, 2004.
21 W. Y. Lee, The Economics of Innovation, Paju: Life and Power Press, 2008.
22 K. J. Lee, Technology Innovation Strategy, Seoul: Nanam, 1990.
23 H. S. Ko, Jaemin Park, J. S. Lee, "A Study on the Technology Innovation and the Government Supports Effects in Defence Companies", The Journal of Business and Economics, vol. 31, no. 1, pp. 139-163, 2015.
24 H. S. Lee, J. S. Lee, Jaemin Park, "Technological Performance Analyses of SMEs Based on Type of Government R&D Support", Journal of Korea Technology Innovation Society, vol. 18, no. 1, pp. 73-97., 2015.
25 Hounshell, D. A., Smith, J. K., Science and Corporate Strategy: Du Pont R and D, 1909-1980, Cambridge University Press, 1988.
26 Chesbrough, H. W., Open Innovation: The New Imerative for Creating and Profiting from Technology, Harvard Business Press, 2003.
27 Belderbos, R., Carree, M., Diederen, B., Lokchin, B., Veugelers, R., "Heterogeneity in R&D Cooperation Strategies", International Journal of Industrial Organization, vol. 22, no. 8-9, pp. 1237-1263, 2004. DOI: https://doi.org/10.1016/j.ijindorg.2004.08.001   DOI
28 Y. J. Kim, "Technological Collaboration Linkages and the Innovation Output in Small and Medium-sized Firms: A Study on the Moderating Effects of Absorptive Capacity", Korea Business Review, vol. 24, no. 5, pp. 1365-1390, 2005.
29 J. S. Park, M. K. Heo, "Obstacles to innovation and R&D cooperation", Journal of Technology Innovation, vol. 23, no. 2, pp. 81-100, 2015.   DOI
30 K. H. Park, "Research on barriers to technological innovation in Korean small and medium component and material firms", Journal of Korean Economic Development, vol. 19, no. 2, pp. 1-21, 2013.
31 K. W. Jo, H. J. Kang, J. J. Kim, C. S. Son, M. J. Kim, 2014 Korea Innovation Survey: Manufacturing sector, Seoul: Science and Technolgy Policy Institute, 2014.
32 J. P. Woo, Concepts and Ideas of Structural Equation Model, Seoul: Hannarae, 2012.
33 J. K. Tak, Psychological testing: An understanding of development and evaluation method (2nd ed.), Seoul: Hakjisa, 2007.
34 Tafreshi, M. Z.,Yaghmaei, F., "Factor Analysis of Construct Validity: A Review of Nurshing Articles", Journal of Medical Education, vol. 10, no. 1, pp. 19-26, 2006.
35 H. C. Kang, "A Guide on the Use of Factor Analysis in the Assessment of Construct Validity", Journal of Korean Acad Nurs, vol. 43, no. 5, pp. 587-594, 2013. DOI: https://doi.org/10.4040/jkan.2013.43.5.587   DOI
36 Kaiser, "An Index of Factorial Simplicity", Psychometrika, vol. 39, no. 1, pp. 31-36, 1974. DOI: https://doi.org/10.1007/BF02291575   DOI
37 J. E. Hair, R. E. Anderson, R. L. Tatham, W. C. Black, Multivariate data analysis(4th edition). Upper Saddle River, NJ: Prentice Hall, 1995.
38 Link, A. N., Scott, J. T., Public/Private Partnerships: Stimulating Competition in a Dynamic Market, International Journal of Industrial Organization, vol. 19, no. 5, pp. 763-794, 2001. DOI: https://doi.org/10.1016/S0167-7187(00)00093-X   DOI
39 OECD and Eurostat, Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data, 3rd Edition, 2005.
40 Mohnen, P., Rosa. J., Barriers to Innovation in Services Industries in Canada. Ontario: Statistics Canada, 1999.
41 Baldwin, J., Lin, Z., "Impediments to Advanced Technology Adoption for Canadian Manufacturers", Research Policy, vol. 31, pp. 1-18, 2002. DOI: https://doi.org/10.1016/S0048-7333(01)00110-X   DOI
42 Hu, L. T., Bentler, P. M., Evaluating model fit, in Hoyle, R. H. (ed.), Structural Equation Peregrine, London, 1995.
43 Hauschildt, J., "External acquisition of Knowledge for Innovations: A research agenda", R&D Management, vol. 22, no. 2, pp. 105-110, 1992. DOI: https://doi.org/10.1111/j.1467-9310.1992.tb00800.x   DOI
44 Mowery, D. C., Oxley, J. E., Silverman, B. S., "Strategic alliances and Interfirm Knowledge Transfer", Strategic Management Journal, vol. 17, pp. 77-91, 1996. DOI: https://doi.org/10.1002/smj.4250171108   DOI
45 Khanna, T., Gulati, R., Nohria, N., "The Dynamics of Learning Alliances: Competition, Cooperation and Relative Scope", Strategic Management Journal, vol. 19, pp. 193-210, 1998. DOI: https://doi.org/10.1002/(SICI)1097-0266(199803)19:3<193::AID-SMJ949>3.0.CO;2-C   DOI
46 H. C. Kang, "A Guide on the Use of Factor Analysis in the Assessment of Construct Validity", Journal of Korean Academy of Nursing, vol. 43, no. 5, 2013. DOI: https://doi.org/10.4040/jkan.2013.43.5.587
47 J. J. Song, Statistical analysis method on SPSS/ AMOS(2nd edition), Paju: 21 Century Book Publisher, 2016.