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http://dx.doi.org/10.5762/KAIS.2021.22.4.441

A Study on The Impact of Enterprise Innovation Factors on Enterprise Innovation Performance: Analysis of The Differences between Innovation Acceleration Factors(High, Low Level) and Innovation Hindrance Factors(High, Low Level) by Groups  

Ji, Yong-Bin (Department of Business Consulting, General Graduate School, Daejeon University)
Seo, Young Wook (Department of Business Consulting, General Graduate School, Daejeon University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.22, no.4, 2021 , pp. 441-456 More about this Journal
Abstract
Enterprise is focused on R&D innovative activities in order to achieve sustainable growth & secure competitive advantage. There are many factors that influence enterprise innovation performance, but enterprise innovation activities do not always have a positive effect. Therefore, this study analyzed the effects of on innovation performance, focusing on innovation acceleration factors and innovation hindrance factors. The research model analyzed 2,081 national manufacturing enterprises that responded to the 2016 Korean Innovation Survey (STEPI). SPSS 25.0 was used to perform reliability, feasibility, and logistic regression analysis. The results are as follows. First, innovation activities have positive effects on enterprise product and process innovation performance. On the other hand, government support had the opposite results. Second, the collaboration of technology showed a positive effect on product innovation performance, independent of innovation acceleration and hindrance factors. Third, innovation activities showed a positive effect on process innovation performance, regardless of the innovation acceleration and hindrance factors. Unlike prior studies limited to technological innovation, this study analyzed the attitudes of enterprises toward innovation acceleration and hindrance factors. This study is expected to contribute to establishing a strategy for reducing the failure and risk of innovation due to its findings on how innovation performance varies by groups.
Keywords
Enterprise Innovation Factors; Enterprise Innovation Performance; Innovation Acceleration Factors; Innovation Hindrance Factors; Product Innovation; Process Innovation;
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