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http://dx.doi.org/10.5762/KAIS.2020.21.6.508

A Study on the Effects of Entrepreneurship and Technology Commercialization Capabilities of Small and Medium-Sized Manufacturing Enterprises on Financial Performance by Mediating Technological Performance  

Jun, In-Sun (RIVA APPAREL CORP)
Lee, Rok (EMS)
Park, Ju-Gyeong (Graduate School of Business Administration, Hanyang University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.21, no.6, 2020 , pp. 508-519 More about this Journal
Abstract
This study empirically investigated the influence of entrepreneurship and technological commercialization capabilities of domestic small and medium-sized manufacturing enterprises on financial performance by mediating technological performance. To achieve this, a survey was administered to their hands-on workers in charge of R&D. The survey results were analyzed through the structural equation model as follows. Entrepreneurship had an effect on technological and financial performance. Technology commercialization capability had an effect on technological performance. However, technological commercialization capabilities were evaluated to be inferior to financial performance, which can be interpreted as financial performance being judged as different between individuals or organizations in terms of technological commercialization capabilities. Technological performance had an effect on financial performance. Technological performance played a mediating role in the effects of entrepreneurship and technology commercialization capability on financial performance. Consequently, it is very important for entrepreneurship and technology commercialization capability to develop new products and improve corporate performance with insufficient financial status or operating system completion.
Keywords
Small and Medium-sized Manufacturing Firms; Entrepreneurship; Technology Commercialization Capability; Technological Performance; Financial Performance;
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Times Cited By KSCI : 2  (Citation Analysis)
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