• Title/Summary/Keyword: Innovation

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Sources of Innovation Stakeholder Theory Perspective

  • Lee, Joo-Heon;Bae, Byung-Yoon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.3 no.3
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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.

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The Relationship Between Learning Orientation and Incremental Innovation, and the Moderating Effect of Tenure (학습지향성이 점진적 혁신에 미치는 효과 및 재직기간의 조절효과)

  • Ahn, Kwan-Young
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.249-255
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    • 2010
  • This paper studies the relationship between learning orientation and incremental innovation(process innovation, operational innovation, and service innovation), and the moderating effect of tenure in tele-communication service sector. Based on the responses from 241 employees, the results of multiple regression analysis show that learning orientation have positive relationships with process innovation, operational innovation, and service innovation. The results of moderating analysis showed that longer tenure employees have more positive relationships with all incremental innovation factors(process innovation, operational innovation, and service innovation) than short tenure employees.

Propensity to Innovate and Firm Performance in the Developing Economies: Evidence from ASEAN Countries

  • Duy Tran Luu;Truong Vinh Tran Luu
    • Asian Journal of Innovation and Policy
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    • v.12 no.2
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    • pp.155-176
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    • 2023
  • This paper employs datasets from the Enterprise Survey conducted by the World Bank to examine the relationship between four types of innovation defined by the Oslo Manual (OECD, 2005): product innovation, process innovation, marketing innovation, organization innovation, and the firm performance in the selected developing ASEAN economies. The main objective of this paper is to understand the characteristics of innovation activities at the firm level and how various innovation types affect firm performance. The empirical results from ASEAN manufacturing firms reveal that product innovation positively affects firms' performance, while non-technological innovations are negatively related to the performance of firms. The further employed quantile regression provides more insights into the roles of innovation types on different levels of firm performance: while product and process innovations actively contribute to the small and medium-size firms (below 25th quantile and median), organizational and marketing innovations negatively affect them. Interestingly, the role of process innovation decreases when firm performance grows.

Technological Innovation Orientation: Conceptualization, Measurement, and Its Relationship to Performance (기술혁신지향성: 개념화, 측정 및 성과와의 관계)

  • Moon, Chang-Ho
    • Journal of Technology Innovation
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    • v.21 no.2
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    • pp.255-283
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    • 2013
  • Despite its theoretically and practically important value, the concept of technological innovation orientation has not been theoretically well established and thus has not been operationalized appropriately in previous studies. Given such a gap in prior research regarding technological innovation orientation, this study proposed a refined conceptualization of technological innovation orientation and a new measurement instrument for capturing the refined concept of technological innovation orientation. More specifically, this study conceptualized technological innovation orientation as having two components of proclivity to technological leadership and openness to technological innovation and developed a measurement instrument for operationalizing the two-dimensional concept of technological innovation orientation. Based on the proposed conceptualization and operationalization of technological innovation orientation, this study also investigated the relationship between technological innovation orientation and firm performance. Based on a sample of 97 Korean IT SMEs, the results demonstrated a high reliability and validity for the measurement instrument developed to operationalize the two-dimensional technological innovation orientation. The results further revealed that technological innovation orientation is positively related to technological innovation performance and that technological innovation performance positively mediates the relationship between technological innovation orientation and financial performance.

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The effect of levels of open innovation activity on innovation performance: Focusing on the mediating effect of technology protection (개방형 혁신활동의 수준이 혁신성과에 미치는 영향: 기술보호의 매개효과를 중심으로)

  • Park, Yuan;Lee, DaYoung;Cho, KeunTae
    • Journal of Technology Innovation
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    • v.29 no.4
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    • pp.31-57
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    • 2021
  • This study explores the effect of open innovation activities on innovation performance by dividing into two dimensions of breadth and depth of open innovation activity, and it also verifies the mediating effect of technical protection between open innovation activities and innovation performance. In order to examine the hypothesis, it has surveyed 1,403 companies of manufacturing and service with experience in producing innovative results. The results find that the breadth of open innovation activities has a positive effect on the achievement of radical innovation, and the depth of open innovation activities brings a positive effect on the achievement of incremental innovation. The verification result of the mediating effect of technology protection indicates that partially mediated between the breadth of innovation activities and radical innovation activities, and in the case of the depth, it is completely mediated. The results of this study provide the crucial implications not only for the company promoting open innovation, but especially also for the companies promoting product innovation by acquiring technology.

The Effect of Corporate Social Responsibility(CSR) Activities on Innovation Performance: The Sequential Mediation Effect of Knowledge Sharing and Innovation Behavior (기업의 사회적 책임(CSR) 활동이 혁신성과에 미치는 영향: 지식공유와 혁신행동의 직렬이중매개효과)

  • Yang Lyu;Chun-Hua Jin
    • Asia-Pacific Journal of Business
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    • v.14 no.2
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    • pp.63-84
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    • 2023
  • Purpose - The purpose of this study is to examine the effect of CSR activities on innovation performance and to identify the mediating role of knowledge sharing and innovation behaviors between CSR activities and innovation performance. In addition, the purpose of this study is to verify the role of sequential mediating effect of knowledge sharing and innovation behavior between CSR activities and innovation performance. Design/methodology/approach - This study collected survey data from 293 organizational members working in Chinese companies. The exploratory factor analysis (EFA), confirmatory factor analysis (CFA), reliability analysis, correlation analysis and process macro were used in order to analyze the data. Findings - First, this study verified that CSR activities had a significant positive effect on knowledge sharing, innovation behavior, and innovation performance. Second, it was found that knowledge sharing had a significant positive effect on innovation behavior and innovation performance. Third, it was verified that innovation behavior had a significant positive effect on innovation performance. Fourth, knowledge sharing and innovation behavior had a sequential mediating effect in the relationship between CSR activities and innovation performance. Research implications or Originality - With the uncertainty of the environment and the intensification of competition among companies, more and more companies begin to pay attention to innovation. Different from existing studies, this study focuses on CSR activities, identifies the role of CSR activities, explores ways to guide innovation performance, and verifies the sequential mediating role of knowledge sharing and innovation behavior. Through this measure, the importance of knowledge sharing and innovative behavior among organizational members is emphasized, solutions to strengthen innovation are explored, and theoretical and practical implications are provided for companies.

A Study on Effect of Technological Innovation Activities on Innovation Performance in Firms: Focused on the Moderating Effect of Innovation Resistance and Performance (기업의 기술혁신 활동이 혁신성과에 미치는 영향연구: 혁신저항의 매개적 효과를 중심으로)

  • Park, Jugyeong;Lee, Seolbin
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.5
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    • pp.89-99
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    • 2017
  • Although the technological innovation activities have depended on corporate, organizational and personal capabilities and activities, innovation resistance to practice was not actively considered in previous studies. This study is intended to the effects of corporate technology innovation capabilities and activities on intra-organizational innovation resistance and performance by compensating the limit of previous studies. To achieve this, a survey was empirically carried out to 293 domestic IT and BT companies. First, technological innovation competencies had a positive effect on technological innovation resistance, adopting hypothesis 1. Second, technological innovation activities had no positive effect on technological innovation resistance, rejecting hypothesis 2. Third, technological innovation resistance had a positive effect on technological innovation performance, adopting hypothesis 3. Fourth, technological innovation resistance was positively mediated in the relationship between technological innovation competencies and technological innovation performance, adopting hypothesis 4. Fifth, technological innovation resistance was not positively mediated in the relationship between technological innovation activities and technological innovation performance, rejecting hypothesis 5. Overall, the higher technological innovation competencies had a significant effect on technological innovation resistance. Consequently, technological innovation resistance can improve or reduce technological innovation competencies and performance depending on the level of resistance.

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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 (기업혁신요인이 기업혁신성과에 미치는 영향 연구 : 혁신촉진요인(High, Low 수준)과 혁신저해요인(High, Low 수준)의 집단별 차이 분석)

  • Ji, Yong-Bin;Seo, Young Wook
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.4
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    • pp.441-456
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    • 2021
  • 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.

Innovation Patterns of Advanced Materials Technology Considering the Demand Factors (수요 요인을 고려한 첨단재료기술의 혁신유형 분류에 관한 연구)

  • Chae Jae-Woo;Cho Kyu-Kab;Kim Jeong-Hum;Lee Yong-Tai
    • Journal of Korea Technology Innovation Society
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    • v.9 no.1
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    • pp.103-130
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    • 2006
  • This paper is to categorize the innovation patterns of advanced materials technologies Many existing taxonomies of innovation pattern consider the whole of industries and the system sector rather than a specific sector. On the basis of the interactions between materials sector and user sectors, this paper suggests four innovation patterns, push-type material innovation, needs-type materials innovation, push-type process innovation and needs-type process innovation. This categorization of innovation pattern not only provides a new approach to the analysis of materials technology innovation processes but also has many useful implications for policymaking. Suggestions for policymakers of the materials technology are presented.

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An Analytical Framework for a Technological Innovation System: the Case of a Nuclear Power System

  • Lee, Tae Joon;Lee, Young-Joon
    • Asian Journal of Innovation and Policy
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    • v.7 no.2
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    • pp.235-286
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    • 2018
  • The aim of paper is to develop an alternative framework for the study of technological innovation systems. In contrast with conventional literature, this analytical framework is designed for entrepreneurs, i.e. actors, at the micro level rather than policy-makers at the meso or macro level. Herein, the entrepreneurial innovation system is conceptually refined by synthesizing knowledge regarding technological innovation and innovation systems. Drawing upon the intrinsic technological identity essential for innovation, the entrepreneurial innovation system is shown to involve three core changes in terms of technology, organization and market, and their couplings within its internal boundary over time. This analytical framework also takes into account the fact that the innovation system is influenced by and copes with the external environment during its evolution. Moreover, the framework of the entrepreneurial innovation system considers the recent trend of sustainable development. The technical and socio-economic characteristics of a nuclear powersystem are studied empirically to articulate an analytical framework that should be very useful for technological innovation in other energy systems by reflecting their unique features.