• Title/Summary/Keyword: Business model innovation

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The Effect of Technical Innovation Competence of Small and Medium-sized Manufacturing Companies on Corporate Performance: Focusing on the Mediating Effect of Entrepreneurship (중소 제조기업의 기술혁신역량이 기업성과에 미치는 영향: 기업가정신의 매개효과를 중심으로)

  • Seo, Sunyoung;Yoon, Sunjung;Seo, Jonghyen
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.45 no.1
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    • pp.20-30
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    • 2022
  • In this study, in order to confirm the relationship between technical innovation competence and corporate performance, the effect of technical innovation competence of small and medium-sized manufacturing companies on corporate performance was identified, and entrepreneurship, which plays a role as a driving force in triggering technical innovation competence, was analyzed to determine whether there is a mediating effect between them. To conduct the research, first, the research model was established by examining previous studies on technical innovation competence, entrepreneurship, and corporate performance. Second, an on-line and offline survey was conducted for employees in companies after constructing a questionnaire that can verify the hypothesis suitable for the research model. Third, the hypothesis was verified by performing validity and reliability analysis, correlation analysis, and regression analysis using a statistical program. Results of this study, first, it was found that R&D competence and technology innovation system, which are elements of technical innovation competence, had a significant effect on financial performance, and technology innovation system and technology accumulation capacity, had a significant effect on non-financial performance. Second, it was analyzed that entrepreneurship has a mediating effect in both R&D capability, technological innovation system and technology accumulation capability, which are elements of technical innovation capability, and financial and non-financial performance, elements of corporate performance.

A Model of Innovation Development of the National Economy of Kazakhstan

  • Dulambayeva, Raushan T.;Temerbulatova, Zhansaya
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.1
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    • pp.33-41
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    • 2016
  • Essences, needs and features of formation of national innovative development model of Kazakhstan are proved on the basis of analysis of various research approaches to realization of the modernization that exist in the world economic theory. For studying the problems of innovative development of the country, there was a need for the formulation of a number of definitions, disclosure of their contents, changing the approaches to reform, as well as adjusting their targets. In the article the general scientific research methods used dialectic, abstraction, systemic and situational approach, empirical and theoretical and analytical methods, and logic modeling. The proposed approach to the implementation of innovative development based on the use of evolutionary and institutional approaches to the study of the problems of implementing an effective innovation policy. This approach is intended to contribute to the development of a forward strategy of modernization, innovative development and higher competitiveness of the national economy. The study proved the causes and features of the implementation of innovative development model in Kazakhstan.

Effects of Smart Factory Quality Characteristics & Innovative Activities on Business Performance : Mediating Effect of Using Smart Factory

  • CHO, Ik-Jun;KIM, Jin-Kwon;AHN, Tony-DongHui;YANG, Hoe-Chang
    • The Journal of Economics, Marketing and Management
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    • v.8 no.3
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    • pp.23-36
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    • 2020
  • Purpose: The purpose of this study is to identify the strategic direction of organizations and their employees to efficiently utilize smart factories and enhance business performance among Korean manufacturing companies. Research design, data, and methodology: We derived a structured research model to check the mediated effect of utilization of smart factory between the characteristics of smart factory and the innovation activities. Results: Quality characteristics of smart factory and Innovation activities were all found to have a statistically significant effect on utilization of smart factory, utilization of smart factory was found to have a statistically significant effect on the business performance. And it has been shown that the utilization of smart factory is partially mediated relative to the quality characteristics of smart factory and business performance and relative to innovation activities and business performance. Conclusions: Smart factory builders can reflect the areas that affect utilization of the smart factory in their strategies by considering the quality characteristics of the smart factory and innovation Activities. Therefore, smart factory builders can identify the quality characteristics of smart factory and reflect them in the process and analyze active utilize measures through the innovative activities of the employees of the organization, thereby influencing business performance.

Business Environment, e-Business Strategy and Performance : An Empirical Study of Venture Firms in Daedeok Valley and Hsinchu Science Park (한.대(韓.臺) 벤처기업의 경영환경, e-비즈니스 전략, 성과간의 관계)

  • Hwang, Kyung-Yun;Moon, Hee-Cheol
    • Journal of Information Technology Applications and Management
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    • v.15 no.1
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    • pp.43-65
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    • 2008
  • This study investigates the effects of business environment on the e-business strategy and performance of venture firms. The development of the research model is based on the empirical studies on the strategy literature. The data from the survey was analyzed using Partial Least Squares(PLS). For Daedeok Valley Venture Firms, product innovation differentiation strategy is affected by environmental uncertainty. And, cost leadership strategy tend to be influence by environmental uncertainty. Finally, venture firm's performance is effected by cost leadership strategy and marketing differentiation strategy. However, for in Hsinchu Science Park Venture Firms, product innovation differentiation strategy is affected by environmental uncertainty and heterogeneity. And, marketing differentiation strategy is enhanced by environment uncertainty and industry growth. In addition, cost leadership strategy tend to be influence by environmental uncertainty and heterogeneity. Finally, venture firm's performance is effected by cost leadership strategy and product innovation differentiation strategy.

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A Study on the Effects of Innovation Characteristics and Quality of Appliance Systems on Intention to Adopt (어플라이언스 시스템의 혁신특성과 품질이 채택의도에 미치는 영향에 관한 연구)

  • Yoo, Eungjoon;Kim, Yonghee;Park, Youngju;Choi, Jeongil
    • Journal of Korean Society for Quality Management
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    • v.43 no.3
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    • pp.421-438
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    • 2015
  • Purpose: The purpose of this study was to grasp the level of effects innovative features and quality of the appliance system on organizational performance and ultimately analyze the willingness of the IT staff to adopt an appliance system. Methods: The survey was conducted on 350 vendors' clients and partners who currently use an appliance system from March to May 2014. A total of 331 effective questionnaires were collected and analyzed using PASW18 and SmartPLS. Results: The results show that relative advantage, facilitating condition and trialability and quality factors all had an effect on organizational performance expectations. Further, when an appliance system is adopted, it was shown that cost and reliability emphasized by a vendor did not produce any significant effects on organizational performance expectations. Conclusion: This study is significant as it is the first to combine such models as Innovation Diffusion Theory, Information Systems Success Model, and Unified Theory of Acceptance and Use of Technology with a new external variable. In addition, it illustrated how variables affect the adoption of an appliance system such as a new innovation system.

A Study of the Innovation Resistance of Users and Intention to Use toward Smart Learning for Education Business Ventures (교육벤처창업을 위한 스마트러닝 사용자의 혁신저항과 이용의도에 관한 연구)

  • Cho, Sanghoon;Yang, Hongsuk
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.10 no.1
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    • pp.55-67
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    • 2015
  • This study examines innovation resistance to smart learning, an emerging innovative technology for startups and corporate ventures in the education market. The study explores whether the relative advantage, compatibility and complexity of an innovation, attitudes toward existing learning method(s), and perceived self-efficacy significantly affect innovation resistance. Additionally, the effects of such innovation resistance on future use and the moderating effect according to demographic characteristics are examined. The results of the analysis using a structural equation model showed that all the factors considered (except relative advantage) affects innovation resistance, innovation resistance significantly affects intention to use.

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Excellence for Organization Quality Management Innovation Challenge -Comparison of Korea and China- (초우량 조직을 위한 품질경영혁신 도전 -한국과 중국의 비교-)

  • Kim, Gye-Soo;Xu, Da-Peng
    • Journal of Korean Society for Quality Management
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    • v.41 no.4
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    • pp.499-512
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    • 2013
  • Purpose: Quality Innovation Managements recently focus on developing relationship with customers to meet their requirements and enhance loyalty in the competitive environments in Countries. The purpose of this study is to explore the effects of innovation, quality, satisfaction and customer loyalty. Methods: After reviewing the literatures, the structural equation modeling (SEM) was conducted test the research model. The data was collected from Quality Leader by the questionnaire In Korea and China. Results: The results of SEM show that hardware innovation quality have a positive effect on customer satisfaction. Customer Satisfaction have a positive effect on customer satisfaction. Conclusion: The authors demonstrate that the hardware innovation quality is related positively to customer satisfaction. And customer satisfaction has a positive effect on customer loyalty. A number of notable findings are reported including the empirical verification that hardware innovation quality, customer satisfaction, and customer loyalty may all be directly related to business performance.

Types of Business Models of Business to Business Electronic Commerce (기업간 전자상거래 비즈니스 모델유형에 관한 고찰)

  • 김영상;용세중
    • Proceedings of the Technology Innovation Conference
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    • 2002.02a
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    • pp.269-296
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    • 2002
  • This paper is an exploitative research on the types of B2B e-business model. The research method adopted is a literature review of academic articles, reports of consulting firms, technical papers and seminar materials. This paper presents an integrated business model of business to business electronic commerce. The B2B business model comprises of four dimensions:1) type of operators 2) Product scope(industry scope) 3) transaction method 4) revenue source.

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A Study on the Effect of Management Innovation Models on Management Quality by Company Size : Focused on the Criteria of MBNQA & Korean Quality Award (기업 Size에 따른 경영혁신모델도입이 경영품질에 미치는 효과에 관한 연구 : 말콤볼드리지(MBNQA) 및 한국의 품질경영상 기준으로)

  • Hong, Seung-Pyo;Chung, Kyu-Suk;Park, Sang-Moon
    • Journal of Korean Society for Quality Management
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    • v.33 no.4
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    • pp.1-11
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    • 2005
  • This paper investigates the effect of introducing MBNQA Model, a representative execution system of TQM with strong management innovation capability, and its Korean version, Korean Quality Award Model, to the Korean companies and analyzes the effect to find out whether the application has improved companies' management quality. The empirical result of this study not only provides the company planning to adopt those management innovation models to enhance their management quality with practical guidelines but also suggest a direction to the first class company.

A Case Study on the Cultural Innovation and Change in Performance of the Railway Construction Authority (철도건설기관의 조직문화혁신과 성과변화에 관한 사례연구)

  • Ryu, Keun-Ok;Moon, Dae-Sup;Kim, Young-Woo
    • Journal of the Korean Society for Railway
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    • v.10 no.1 s.38
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    • pp.29-33
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    • 2007
  • This paper considers the case study of the change management and business innovation of the rail construction agency fer overcoming the crisis it faced in early stage. It will provide the suitable innovation techniques of each change stage. Also, each phase it evaluated the change degree of organization culture especially by the six box model of Weisbord and the Quinn's model. For the Period of Change, organization culture will grow about 10% and harmonize with 4 competitive organization culture; community, innovation, hierarchy, product. Only, it discovered that the difference of the current culture and rho organizer' wish is considerable by the Quinn's model. It wilt be able to describe the innovation fatigue which the organizers feel in the change of organization culture. For the successful innovation, it wilt have to be managed properly and the new innovation technique will have to be developed for solving.