Browse > Article
http://dx.doi.org/10.5762/KAIS.2020.21.4.181

The Effect of Technology based Small and Medium-sized Enterprise's Entrepreneurial Orientation, Organizational Culture and the Support of Technopark on the Innovation Performance  

Park, Jeong-Seok (Department of industrial Management Graduate School, Korea University of Technology and Education)
Kim, Byung-Keun (School of Industrial Management, Korea University of Technology and Education)
Han, Sang-Il (School of Industrial Management, Korea University of Technology and Education)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.21, no.4, 2020 , pp. 181-189 More about this Journal
Abstract
This study identifies interest and reasons for small- and medium-sized technological firms to increase their uses of Technopark for product innovation and development. To determine whether interest exists, a research model was built, based upon the innovative process that small and medium sized enterprises'experience when developing capabilities. The model was characterized by its entrepreneurial orientation, organizational culture and support of the Technopark. Small and medium-sized technological firms operating in Technopark were surveyed in the Fall of 2019. Responses were collected and analyzed using structural equation modeling. Among the findings: supporting greater uses of Technopark can impact a firm's performance positively by mediating new product development capabilities. Firms with relatively limited resources and capabilities are most likely to benefit from using regional innovation hubs such as Technopark to improve their innovative capabilities and performance. Government and Technopark need to develop and implement demand-based support programs, especially ones to focus on improving the innovation capabilities of technology-based small and medium-sized enterprises.
Keywords
Technopark; Entrepreneurial orientation; Organizational culture; New product development capability; Product innovation performance;
Citations & Related Records
연도 인용수 순위
  • Reference
1 H. Lofsten, P. Lindelof, "R&D networks and product innovation patterns-academic and non-academic new technology-based firms on science parks", Technovation, Vol.25, pp.1025-1037, 2005. DOI: https://doi.org/10.1016/j.technovation.2004.02.007   DOI
2 I. Diez-Vial, A Montoro-Sanchez, How knowledge links with universities may foster innovation: The case of a science park, Technovation. Vol.50, No.51, pp.41-52, 2016. DOI: https://doi.org/10.1016/j.technovation.2015.09.001
3 J. K. Kim, "Evaluating roles of techno-park as a policy tool to support regional SMEs", Journal of Korean Urban Management Association, Vol.26, No.1, pp. 1-28. 2013. UCI : G704-001469.2013.26.1.007
4 H. C. S, H. M. Park, "Analyzing the impacts of business supporting services of technoparks on user satisfaction", Journal of the Architectural Institute of Korea Planning & Design, Vol.30, No.7, pp.185-194, 2014. DOI : https://doi.org/10.5659/JAIK_PD.2014.30.7.185   DOI
5 J. K. Kim, "Evaluating roles of techno-park as a policy tool to support regional SMEs", Journal of The Korean Urban Management Association, Vol.26, No.1, pp. 1-28. 2013. UCI : G704-001469.2013.26.1.007
6 C. H. Bae, B. K. Kim, "The dominant Factors affecting the performance of technology start-ups in technopark", Journal of Industry Innovation, Vol.34, No.1, pp. 1-30, 2018.
7 C. H. Yang, K. Motohashi, J. R. Chen, "Are new technology-based firms located on science parks really more innovative? Evidence from Taiwan. Research Policy, Vol.38, pp.77-85, 2009. DOI: https://doi.org/10.1016/j.respol.2008.09.001   DOI
8 P. Westhead, "R&D 'inputs' and 'outputs' of technology-based firms located on and off science parks", R&D Management, Vol.27, No.1, pp.45-61. 1997. DOI: https://doi.org/10.1111/1467-9310.00041   DOI
9 M. G. Colombo, M. Delmastro, "How effective are technology incubators? Evidence from Italy", Research Policy, Vol.31, pp.1103-1122, 2002. DOI: https://doi.org/10.1016/S0048-7333(01)00178-0   DOI
10 S. C, Ko, B. R. Kim, "Financially self-supporting techno-park development in Korea", Journal of The Korean Regional Development Association ", Vol.14, No.2, pp.37-56, 2002. UCI : G704-000688.2002.14.2.004
11 S. K. Lee, S. C. Park, G. Y. Lee, "The roles of technoparks for building regional innovation systems", Journal of Korea Planning Association, Vol.39, No.2, pp.255-270, 2004. UCI : G704-000338.2004.39.2.005
12 H. J. Yoon, "Reexamining the performance effects of entrepreneurial orientation: A study on Korean small and medium-sized business ventures," Asia-Pacific Journal of Business Venturing and Entrepreneurship, Vol.9, No.5, pp.103-114, 2014. UCI : G704-SER000001371.2014.9.5.022
13 D. Miller, "The correlates of entrepreneurship in three types of firms", Management Science, Vol.29, No.7, pp.770-790, 1983. DOI: https://doi.org/10.1287/mnsc.29.7.770   DOI
14 G. T. Lumpkin, G. G. Dess, "Clarifying the entrepreneurial orientation construct and linking it to performance", Academy of Management Review, Vol.21, No.1, pp.135-172. 1996. DOI: https://doi.org/10.5465/amr.1996.9602161568   DOI
15 D. Miller, P. H. Friesen, "Strategy-making and environment: the third link", Strategic Management Journal, Vol.4, No.3, pp.221-235. 1983. DOI: https://doi.org/10.1002/smj.4250040304   DOI
16 S. A. Zahra, J. G. Covin, "Contextual influences on the corporate entrepreneurship-performance relationship: Alongitudinal analysis", Journal of Business Venturing, Vol.10, No.1, pp.43-58. 1995. DOI: https://doi.org/10.1016/0883-9026(94)00004-E   DOI
17 J. Tang, Z. Tang, L. D. Marino, Y. Zhang, Q. Li, "Exploring an inverted U-shape relationship between entrepreneurial orientation and performance in Chinese ventures", Entrepreneurship: Theory and Practice, Vol.32, No.1, pp.219-239, 2008. DOI: https://doi.org/10.1111/j.1540-6520.2007.00223.x   DOI
18 H. R. Woo, J. H. Gwon, "The influence of entrepreneurial orientation and absorptive capacity on SME's NPD," Journal of Technology Innovation, Vol.21, No.2, pp. 57-84, 2013. UCI : G704-001004.2013.21.2.003
19 S. G. Na, A. G. Na "Structural relationship among entrepreneurship orientation, new product development factors and new product performance : With a focus on medium-sized manufacturing enterprises", Journal of The Korean Institute of Plant Engineering, Vol.15, No.3, pp. 85-98. 2010. UCI : G704-000615.2010.15.3.011
20 D. C. Jeong, B. K. Kim, "Product innovation in Korean material component industry: Focusing on mediating effects of intellectual capital", Journal of Small Business Studies, Vol.40, No.2, pp. 91-113, 2018.
21 K. S. Cameron, R. E, Quinn, "Diagnosing and changing organizational culture," Revised edition, San Francisco, CA: Jossey-Bass. 2006.
22 G. Hofstede, "Culture's consequence: International difference in work related values", BH: Sage. 1981.
23 J. Barney, "Organizational culture: Can it be a source of sustained competitive advantage? Academy of Management Review, Vol.11, No.3, pp.656-665, 1986. DOI: https://doi.org/10.5465/amr.1986.4306261   DOI
24 R. F. Hurley, G. T. Hult, "Innovation, market orientation, and organizational learning: An integration and empirical examination", Journal of Marketing, Vol.62, pp.42-54. 1998. DOI: https://doi.org/10.1177/002224299806200303   DOI
25 A. R. Jassowalia, H. C. Soshittal, "Cultures that support product innovation processes", Academy of Management Perspectives, Vol.16, No.3, pp.42-54. 2002. DOI: https://doi.org/10.5465/ame.2002.8540307   DOI
26 S. A. Zahra, J. C. Hayton, C. Salvat, "Entrepreneurship in family vs. non-family firms: A resource-based analysis of the effect of organizational culture". Entrepreneurship Theory and Practice, Vol.28, No.4, pp.363-381. 2004. DOI: https://doi.org/10.1111/j.1540-6520.2004.00051.x   DOI
27 I. Jun, S. H. Oh, "The relationship of top management team's willingness to innovate and technological innovation capability: Focusing on the mediating role of R&D intensity and the moderating role of innovative organizational culture", Korean Journal of Business Administration, Vol.29, No.2 pp. 213-235, 2016. DOI: http://doi.org/10.18032/kaaba.2016.29.2.213
28 K. S. Song, "An empirical study on the typological characteristics of Korean innovative firms", Korean Management Review, Vol.25, No.2 pp.31-60. 1996.
29 Y. Hwangbo, H. C, Kim, "Impact of corporate's innovation climate, the recognition of intellectual property's importance and NPD internal activity on the new product development performance", Asia-Pacific Journal of Business Venturing and Entrepreneurship, Vol.9, No.6, pp. 163-170, 2014. DOI : https://doi.org/10.16972/apjbve.9.6.201412.163   DOI
30 J. H. Kim, "The relationship between organizational culture, organizational commitment and performance: An examination of public employment service", Quarterly Journal of Labor Policy, Vol.7, No.2, pp.103-134. 2007. UCI : G704-001780.2007.7.2.003   DOI
31 P. F. Drucker, "Entrepreneurial strategies", California Management Review, Vol.27, No.2, pp. 9-25, 1985.   DOI
32 E. H. Kessler, A. K. Chakrabarti, "Innovation speed: A conceptual model of context, antecedents, and outcomes", Academy of Management Review, Vol.21, No.4, pp.1143-1191, 1996. DOI: https://doi.org/10.5465/amr.1996.9704071866   DOI
33 P. Shan, M. Song, X. Ju, "Entrepreneurial orientation and performance: Is innovation speed a missing link?, Journal of Business Research, Vol.69, No.2, pp.683-69, 2016. DOI: https://doi.org/10.1016/j.jbusres.2015.08.032   DOI
34 V. A. Zeithaml, "Consumer perceptions of price, quality, and value: a means-end model and synthesis of evidence", Journal of Marketing, Vol.52. No.3, pp.2-22, 1988. DOI: https://doi.org/10.1177/002224298805200302   DOI
35 D. H. Henard, D. M. Szymanski, "Why some new products are more successful than others", Journal of Marketing Research, Vol.38, No.3, pp.362-375, 2001. DOI: https://doi.org/10.1509/jmkr.38.3.362.18861   DOI
36 P. A. Pavlou, O. A. El Sawy, "Understanding the elusive black box of dynamic capabilities", Decision Sciences, Vol.42, No.1, pp.239-273, 2011. DOI: https://doi.org/10.1111/j.1540-5915.2010.00287.x   DOI
37 K. Atuahene-Gima, H. Li, "Strategic decision comprehensiveness and new product development outcomes in new technology ventures", Academy of Management Journal, Vol.47, No.4, pp.583-597, 2004. DOI: https://doi.org/10.5465/20159603   DOI
38 E. H. Kessler, P. E. Bierly, "Is faster really better? An empirical test of the implications of innovation speed", IEEE Transactions on Engineering Management, Vol.49, No.1, pp.2-12, 2002. Available from: https://ieeexplore.ieee.org/abstract/document/985742   DOI
39 C. Scheel, "Knowledge clusters of technological innovation systems", Journal of Knowledge Management, Vol.6, No.4, pp.356-367, 2002.   DOI
40 J. G. Covin, D. P. Slevin, "A Conceptual Model of Entrepreneurship as Firm Behavior", Entrepreneurship: Theory & Practice, Vol.16, No.1, pp.7-25, 1991. DOI: https://doi.org/10.1177/104225879101600102   DOI
41 M. K. Lindell, D. J. Whitney, "Accounting for common method variance in cross-sectional research designs", Journal of Applied Psychology, Vol.86, pp.114-121, 2001. DOI: https://doi.org/10.1037/0021-9010.86.1.114   DOI