• 품질경영학회지
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• 제43권2호
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• pp.151-168
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• 2015

Purpose: The purpose of this study was to investigate the effect of the innovation performance through business innovation activities by small and medium size company as well as to test the moderating effects on the innovation techniques'understanding and conformance. Methods: The data for the empirical analysis was collected from 132 companies mainly located in Jeolla and Gyeonggi Province. Cronbach's alpha factor analysis, multiple regression analysis and hierarchical multiple regression were used for statistical methods. Results: The Statistical analysis results show that innovation performance through business innovation techniques and activities was effected by CEO leadership, company capability and training for employees. Conclusion: Through this study we tried to give some suggestions for improving innovation performance through business innovation activities for the small and medium size company.

• 품질경영학회지
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• 제23권1호
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• pp.142-151
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• 1995

Since management innovation has been practiced only in the large entrepreneur, its application to small business seems to be very difficult. However, if the participation of all employees was properly provided, management innovation could be applied to every size of business with no difficulty or problem. Management innovation can be simply defined as an innovation in consciousness of entire employee to achieve a new target within the short period. Management innovation is not easy indeed, but may be obtained through the regimentation of each member's manpower in the small business. Through the goal setting and proper steps for the goal, management innovation can be obtained. Five S movement may be one of the basic step in the achievement of management innovation. Several factors that can affect the management innovation were reviewed and applied to small business in this study. The purpose of the study is in the settlement of business culture by the application of business innovation.

• 디지털융복합연구
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• 제11권4호
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• pp.153-164
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• 2013

비즈니스 모델 혁신이란 비즈니스 모델을 구성하는 여러 가지 요소를 다각도에서 변형시켜 차별화되는 가치를 창출해내는 것으로 기업의 외부 환경이나 내부 환경 중 어느 한 쪽에 집중하기 보다는 내부의 자원과 역량, 그리고 외부 환경이 만나는 곳에서 최적의 선택을 하는 것이다. 그러나 비즈니스 모델 혁신에 대한 명확한 정의가 없고, 핵심 비즈니스 모델을 잘 활용하지 못하는 관계로 기업이 비즈니스 모델 혁신을 통해 성장한다는 것은 매우 어려운 일이다. 본 논문에서는 비즈니스 모델 혁신에 대한 정의를 체계적으로 정리하고, 비즈니스 모델 혁신이 필요한 시기가 언제인지, 어떠한 유형의 비즈니스 모델 혁신이 있는지를 몇 가지 사례를 통해 살펴보았다. 기업의 가치 제안, 가치사슬과 가치네트워크를 통한 가치 창출과 수익모델의 혁신 사례를 통해 비즈니스 모델 혁신이라는 다소 추상적인 개념을 좀 더 친숙하게 접근하였다. 마지막으로, 이미 성공한 기업 역시 비즈니스모델 혁신과 적응우위 강화로 급변하는 시장 환경에서 새로운 가치를 창출할 수 있음을 사례분석을 통해 입증하였다.

• The Journal of Asian Finance, Economics and Business
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• 제7권10호
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• pp.211-218
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• 2020

The Small and Medium Enterprise is currently getting more attention from the Indonesian government as the contribution of this sector to the regional and national income has increased. Though the government is providing a lot of attention as well as facilities to the small businesses in the manufacturing sector, they face intense competition. Thus, the small enterprises need to ensure that they achieve good business performance. This research aims to investigate the role of entrepreneurial intensity and innovation in improving the performance of small businesses in Indonesia. For this purpose, one hundred and eighty-six small business owners participated in the survey. The data was analyzed using Structural Equation Modelling. The hypothesis results show that entrepreneurial intensity and innovation have a proven role in business performance of small enterprises. Entrepreneurial intensity in particular, significantly impacts innovation and exploration. And innovation is crucial for business performance. The results imply that to increase business performance, the owner and the manager also need to raise their entrepreneurial spirit, as it can enhance their willingness to explore and use their business experience to do more innovation activities. The more innovation is done by the company; the business performance is more likely to improve.

• 대한안전경영과학회지
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• 제12권4호
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• pp.239-246
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• 2010

The purpose of this study is looking for the effects of innovation on business performance in Korean SMEs. We were able to obtain participations of 169 questionnaire, and derived statistics by means of SPSS/PC version 15.0 and AMOS. In this study we found that employee's quality mind and organizational supports for company innovation activities are significant to product innovation and process innovation. The reason is easy to adoption and participation in the innovation for all the members of the staff. As a statistical result, the research conduced that both product innovation and process innovation largely affects the business performances increase.

• 한국IT서비스학회지
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• 제13권4호
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• pp.155-168
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• 2014

This paper discussed about business ethics and innovation management performance of IT service firms in Korea. To prove empirically the research hypothesis, the statistical analysis was based on the response from the 92 IT Service firms in Korean. As analysis results, it was found that the business ethics of organizations were the effect factors of the innovation management performance. And the knowledge competency and creativity are confirmed as a mediator between the business ethics and innovation management performance. So this paper suggests that business ethics in organizations are the important factor for enhancement of IT service firm's innovation performance. Specially the mediation effects of knowledge competency and creativity variables were proved empirically for the relation between the business ethics and innovation management performance. So it is desirable that knowledge-based service firms, for example IT service firms, have to strive to upgrade their level of business ethics and to link with their creativity and knowledge competency.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.329-336
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• 2020

This study aims to assess the impact of competitive pressure and innovation capability on business performance in small- and medium-sized enterprises (SMEs) in the batik industry in East Java, Indonesia. Furthermore, this study explores the impact of competitive pressure on business performance through innovation capability as a mediating variable. This research was quantitative using primary data with questionnaire as a method of sampling collection. The measurement of the variables was captured using Likert scale. The respondents were small- and medium-sized enterprises (SMEs) in the batik industry in East Java Province, Indonesia. The sample totaled 254 subjects. The data analysis was done using SEM-PLS. The results of the study show that: 1) there was a positive direct impact of competitive pressure on business performance; 2) competition pressure positively influences innovation capability; 3) innovation capability positively influences business performance; and 4) innovation capability has a partial mediating role in the effect of competitive pressures on business performance. The findings of this study suggest that managers in SME's batik industry should increase their effort to cope with the high competitive pressure to increase the innovation capability, so that they can have an advantage to face successfully competitors, leading to higher business performance.

• 지식경영연구
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• 제13권5호
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• pp.113-137
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• 2012

Since service innovation is considered as a new way to gain an advantage in a highly competitive environment, it is imperative for companies to align their service innovation strategy with their business strategy in order to achieve better firm performance. Accordingly, a critical challenge facing firms is how to effectively organize and manage a well-planned service innovation strategy in accordance with the direction of their business strategy. Firms with a good fit between business strategy (i.e., cost leadership, innovative differentiation, and marketing differentiation strategies) and service innovation strategy (service creation-focused, service delivery-focused, and client interface-focused strategies) are expected to have better firm performance than those without such a fit. Based on empirical data from 209 service firms in South Korea, this study aims first to investigate whether a certain service innovation strategy is more effective than others within a particular business strategy. We then examine whether their effective alignment positively affects firm performance. The empirical evidence indicates that the alignment of service innovation strategy with business strategy significantly influences firm performance. The adoption of service innovation strategy was found to have positive effects on firm performance with innovative differentiation and marketing differentiation strategies and negative effects with cost leadership strategy. Lastly, we discuss our study's implications for further research and practice.

• 벤처창업연구
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• 제3권3호
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• pp.67-88
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• 2008

Innovation has become a key distinct feature of modern industrial society. It is generally recognized that new knowledge and technology are one of the most important sources of innovation. However, because of their limited resources, firms can not pursue all the promising new knowledge and technology that have possibilities to be developed into critical innovation. In this article, using the stakeholder theory, we try to establish a new conceptual model that can be used for understanding knowledge creation and innovation in society. In a society, there exist diverse socio-economic groups that have conflicting values and interests. Our stakeholder theory perspective on innovation claims that innovation can occur only when new solutions can satisfy their idiosyncratic stakeholder' values and interests better than current existing solutions. From the viewpoint of stakeholder innovation theory, there could be three different types of innovation: value improvement innovation, non-traditional value Innovation, and innovation for non-traditional stakeholder.

• Journal of Korea Trade
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• 제26권7호
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• pp.19-42
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• 2022

Purpose - This study investigates the effects of foreign investor ownership on firm innovation and the different stages of the firm innovation process for business group affiliation (affiliated firms) and nonaffiliated firms. Design/methodology - Research and development (R&D) intensity is used as a proxy for firm innovation. We use a sample of 7,655 firm-year observations of Korean listed firms from 2001 to 2015. To identify the distinct features of business group affiliation and how foreign investor ownership affects firm innovation, we divide the sample into affiliated and non-affiliated firms. Moreover, we classify total R&D expenditures as research and development expenditures. Findings - This study finds a positive relationship between foreign investor ownership and innovation in non-affiliated firms. However, the foreign investor ownership's role in facilitating firm innovation does not influence business group affiliation. Moreover, the results show that foreign investor ownership encourages firms to increase research expenditures, which is the amount spent in the early stages of a firm's R&D process. Originality/value - Existing studies have overlooked the distinct features of business group affiliation and the different characteristics of research and development expenditures. Thus, this study considers the distinct features of business group affiliation and investigates how foreign investor ownership affects different stages of R&D activities.