• 제목/요약/키워드: Innovation Capabilities

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A Review of Dynamic Capabilities, Innovation Capabilities, Entrepreneurial Capabilities and Their Consequences

  • VU, Hieu Minh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권8호
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    • pp.485-494
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    • 2020
  • The paper proposes a conceptual model which provides direction for researchers to empirically establish the connections between dynamic capabilities, innovation capabilities, entrepreneurial capabilities and financial and strategic performance. The author uses systematic literature review process to select the articles used in this study. First, the present paper review and discuss some major contributions to the theories of dynamic capabilities, innovation capabilities, entrepreneurial capabilities and their consequences. The author seeks to highlight different understandings of the concepts to clarify the distinctions between them. Second, the conceptual model and propositions for future studies were developed. The proposed model highlights the different measures of dynamic capabilities, innovation capabilities, entrepreneurial capabilities and their consequences. The model with its associated propositions was developed base on limitations and gaps observed from past studies. It is focused on empirically testing the direct impact of dynamic capabilities, innovation capabilities, and entrepreneurial capabilities on the performance of SMEs in Vietnam. Nevertheless, the proposed model can be applied to similar situations in different contexts and countries. Further empirical testing of proposed model would contribute to enriching existing knowledge of dynamic capabilities, innovation capabilities and entrepreneurial capabilities within SMEs and how these capabilities foster superior performance.

Innovation Capabilities and Small and Medium Enterprises' Performance: An Exploratory Study

  • ALI, Hazem;HAO, Yunhong;AIJUAN, Chen
    • The Journal of Asian Finance, Economics and Business
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    • 제7권10호
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    • pp.959-968
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    • 2020
  • Research underlined that Small and Medium Enterprises' performance is enhanced by different types of innovation capabilities. This research tends to present a comprehensive model to explain the relationship between innovation capabilities and SMEs' financial and operational performance. Specifically, this study tends to achieve three objectives: explores the set of product, process, organizational and marketing innovation capabilities possessed by owners/managers of SMEs and their impact on Chinese manufacturing SMEs' operational and financial performance dimensions, identify the determinants of innovation capabilities, and determine the contextual factors that moderate innovation capabilities and SMEs' performance. This research employed a qualitative research method using in-depth interviews with eight owners/managers of Chinese manufacturing SMEs. Research findings revealed that product and marketing innovation capabilities have a significant impact on SMEs' financial performance while process and organizational innovation capabilities positively influence SMEs' operational performance. The major determinants of innovation capabilities involved availability of sufficient organizational resources, entrepreneurial orientation, knowledge development and external networks. The contextual moderating factors on the relationship between innovation capabilities and SMEs' performance involved internal factors which are: SME size, SMEs' owner/manager work experience, entrepreneurial mindset; and external factors: market dynamism and cooperation strategies. This paper ends by drawing some concluding remarks and proposing future research avenues.

동적역량, 운영역량, 혁신성과 간의 관계: 환경역동성을 조절변수로 하여 (Relationship between Dynamic Capabilities, Operational Capabilities and Innovation Performance : Considering Moderating Effect of Environmental Dynamism)

  • 박상운;조근태
    • 기술혁신연구
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    • 제28권4호
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    • pp.27-62
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    • 2020
  • 본 연구는 환경역동성이 기업의 동적역량과 운영역량의 변화와 혁신성과에 미치는 영향을 실증하였다. 이를 위하여 기업역량을 동적역량과 운영역량의 계층적 구조로 정의하고 계량화를 위하여 각 역량의 개념과 정의를 정리하였다. 동적역량, 운영역량, 혁신성과 및 환경역동성에 대한 선행연구를 통해 5개의 연구가설을 설정하였고, 우리나라 제조기업 300개 기업의 표본을 대상으로 가설을 검증하였다. 그 결과, 동적역량은 운영역량에 정(+)의 영향을 미치며 운영역량도 혁신성과에 정(+)의 영향을 미치는 것으로 나타났다. 환경역동성이 높은 기업군은 운영역량이 급진적 혁신에 정(+)의 영향을 주며, 반대로 환경역동성이 낮은 기업군은 운영역량이 점진적 혁신에 정(+)의 영향을 주는 것으로 나타났다. 그러나 환경역동성은 동적역량이 운영역량에 미치는 영향에 조절효과가 유의하지 않은 것으로 나타났다. 본 연구는 동적역량과 운영역량을 프로세스로 구체화하여 기업의 동적역량 특성을 실증적으로 분석할 수 있는 기반을 마련하고, 환경변화가 기업역량과 혁신성과에 미치는 영향을 실증한 것에 의의가 있다. 또한 급변하는 환경 속에서 기업이 경쟁우위를 지속하기 위해서 어떻게 역량을 변화해야 하는지에 대한 시사점을 제시한 것에도 의의가 있다.

A New Perspective on IT Capabilities and Firm Performance: Focusing on Dual Roles of Institutional Pressures

  • Huang, Minghao;Ahn, Joong-Ho;Lee, Dongwon
    • Asia pacific journal of information systems
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    • 제24권1호
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    • pp.1-29
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    • 2014
  • To provide a fundamental understanding on the inherent relationship between IT capabilities and sustainable firm heterogeneity, we investigate the dual roles that institutional pressures play, namely, as antecedents of IT capabilities and as moderator of the relationship between IT capabilities and IT innovation success, where IT innovation success plays a mediating role between IT capabilities and firm performance. The structural model was tested, and the results of the PLS analysis provided general support for the proposed hypotheses. IT capabilities had an indirect effect mediated by IT innovation success on firm performance. With IT activities assumed to be embedded in the institutional context, the dual roles of institutional pressures are verified. This study contributes to the literature on IT capabilities by considering both the determining role of institutional pressures on IT capabilities and the institutional context of the chain that connects IT capabilities to firm performance. The results suggest that a firm not only manages various institutional pressures to foster its IT capabilities but also adapts to different contexts with a certain level of institutional pressures to facilitate its IT capabilities and outperform its competitors, which could be sustained through IT innovation success.

충남 북부지역의 지역혁신역량과 기업의 기술혁신활동 (Regional Innovation Capabilities and Firms' Technological Innovation Activities in Chungnam Province of South Korea)

  • 김병근;엄기용;유흥열
    • 기술혁신학회지
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    • 제12권1호
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    • pp.265-289
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    • 2009
  • 지난 참여 정부에서 지역균형발전정책의 하나로 지역혁신정책을 본격적으로 추진하면서 지역혁신체제에 대한 관심이 높아져 왔다. 그러나 우리나라 지방자치단체들은 아직까지 지역혁신체제와 지역혁신역량에 대한 개념 파악이 미흡한 실정이다. 또한 지역혁신체제에 관한 논의는 많이 있었지만, 그럼에도 불구하고 개념 정립이 부족한 상태이며 학자들 사이에서도 많은 이견이 존재한다. 그리고 지금까지 혁신역량에 관한 논의 및 연구는 대부분 국가 차원에서 이루어져 왔고, 지역 차원에서의 혁신역량 분석은 매우 부족한 실정이다. 이러한 맥락 하에서 본 연구는 지역혁신역량과 기업의 기술혁신활동에 대한 분석을 통해 지역 산업발전을 위한 토대 구축에 기여하고자 한다. 이를 위해 대한민국의 중심부이며 첨단산업의 메카인 충남북부지역을 분석대상으로 선정하여 혁신 주체들이 인지하는 지역혁신역량의 구성 내용, 기업의 혁신활동과 혁신활동의 지역화 간의 관계 등에 대한 설문조사를 수행하고, 학술적 및 정책적 함의를 제시하고자 한다.

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지역혁신역량의 평가: 경기도 지방정부의 노력을 중심으로 (Evaluation of Kyunggi Provincial Government`s Regional Innovation Capability)

  • 박현아;이진희;정선양
    • 기술경영경제학회:학술대회논문집
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    • 기술경영경제학회 2004년도 제24회 동계학술대회 논문집
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    • pp.132-151
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    • 2004
  • Regional innovation capabilities have been regarded as essential in developing regional economy. Many regional governments all over the world have been pouring great efforts to increase their regional innovation capabilities. In these days, this trend has been prevailed among Korean regional governments. In line with the active support of the central government, Korean regional governments have started their own regional innovation policies. This paper aims at discussing a regional government`s efforts in enhancing its innovation capabilities. As a representative region, we select Kyunggi Province, because it is one of the most advanced regions in Korea. We discuss Kyunggi Province`s innovation promotion efforts in terms of organization, budget, and programs. According to our analysis, the Kyunggi`s provincial government increased its innovation capabilities to a large scale. It has extended its S&T promotion organization, increased its R&D budget to a large scale, and increased its R&D promotion programmes and even initiated its own programs.

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The Impact of Knowledge Management and Dynamic Capacity on the Ambidextrous Innovation of Korean MNCs in the Chinese Market

  • Yu, Xin-Ran;Kim, Tae-In
    • Journal of Korea Trade
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    • 제24권1호
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    • pp.99-112
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    • 2020
  • Purpose - With the increasing uncertainty of China's domestic political and economic environment in recent years, Korean MNC subsidiaries in the Chinese market face greater challenges and competition. Based on the insufficiency of existing research and the need for enterprise management practices, this paper uses the Chinese subsidiaries of Korean MNCs as an example to study and explore how knowledge management and dynamic capabilities affect ambidextrous innovation and the relationship between ambidextrous innovation and subsidiary performance. Design/methodology - From January to March 2019, this study collected 341 valid questionnaires using a survey company specializing in China for the members of the Chinese subsidiaries of Korean MNCs to verify the hypotheses. Using the collected data, the study model was verified using the Smart PLS 3.0 statistical package. Findings - Knowledge transfer and knowledge sharing have positive effects on dynamic capabilities and ambidextrous innovation, and dynamic capabilities have a positive impact on ambidextrous innovation. Ambidextrous innovation has been shown to have a significant effect on subsidiary performance. In addition, a partial mediating effect of dynamic capabilities on the relationship between knowledge management and ambidexterity innovation was found. Originality/value - In the academic context, this paper contributes theoretically to the relationship between knowledge management and ambidextrous innovation, as well as the mechanism of dynamic capability, and to verify the relationship between ambidextrous innovation and corporate performance. Against the background of MNC management, the results of this study provide further enlightenment for managers of subsidiaries.

Alliance Portfolio Diversity on Innovation Performance - the Role of Internal Capabilities of Value Creation

  • Chung, Doohee;Kim, Marco;Kang, Jina
    • 한국기술혁신학회:학술대회논문집
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    • 한국기술혁신학회 2017년도 춘계학술대회 논문집
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    • pp.357-391
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    • 2017
  • In this study, we suggest a new perspective on the linkage between alliance portfolio diversity and innovation performance based on a contingency approach. Using a longitudinal data set on alliance portfolios and patents of 182 firms in the U.S. manufacturing industries, we examined that alliance portfolio diversity has a U-shaped relationship with firm-level innovation. Internal value creation capabilities in terms of routine and ability are found to moderate the relationship between alliance portfolio diversity and innovation performance: Organizational search routine strengthens the relationship of alliance portfolio diversity and innovation performance while technological capabilities weaken and flip the relationship.

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The Role of Firm Size and IT Capabilities in Open and Closed Innovation

  • Byounggu Choi
    • Asia pacific journal of information systems
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    • 제29권4호
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    • pp.690-716
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    • 2019
  • Open innovation has attracted significant attention from both academics and practitioners. However, theoretical and empirical researchers disagree on how open innovation improves firm performance. The inconsistent results reported in the literature may be attributed to the fact that they failed to provide an integrative view of how to make use of internal and external knowledge to enhance innovation performance. Furthermore, although the adoption value of innovation approaches varies depending on firm size and IT capabilities, their impacts have not been adequately taken into consideration. Drawing on complementarity theory, this study revisits the research problem and develops eight hypotheses. Surveys collected from 339 Korean firms were analyzed to test the hypotheses using the supermodularity functions. The results indicated that an internal knowledge-oriented innovation approach has a positive impact on innovation performance regardless of firm size. However, an external knowledge-oriented innovation approach has a positive effect on innovation performance in large firms while having no significant effect on innovation performance of SMEs. Results also confirmed a complementary relationship between internal and external knowledge-oriented innovation approaches in large firms, whereas substitutable relationships were confirmed in SMEs. This study sheds new light on open innovation by identifying the role of different types of innovation approaches, firm size, and IT capabilities.

동적역량, 운영역량, IT역량이 혁신성과에 미치는 영향 : 탐험과 활용을 중심으로 (The Effect of Dynamic Capabilities, Operational Capabilities, and IT Capabilities on Innovative Performance : Focusing on Exploration and Exploitation)

  • 김문식
    • 한국산학기술학회논문지
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    • 제20권1호
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    • pp.41-51
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    • 2019
  • 본 연구는 동적역량과 혁신성과 간의 관계를 탐험과 활용의 관점에서 구분된 운영역량과 IT역량이 조절하고 매개하는지를 조사하였다. 178개 기업의 설문지를 분석한 결과, 포착역량과 재구성역량이 점진적 혁신성과와 급진적 혁신성과에 정(+), 탐험적 운영역량과 활용적 운영역량이 점진적 혁신성과에 정(+), 탐험적 운영역량이 급진적 혁신성과에 정(+)의 영향을 미치고 있다. 또한 유의적인 상호작용항은 점진적 혁신성과에 대하여 '탐험적 운영역량*탐험적 IT역량', '탐험적 운영역량*활용적 IT역량', '활용적 운영역량*활용적 IT역량' 등이며, 급진적 혁신성과에 대하여 '탐험적 운영역량*탐험적 IT역량'이다. 유의한 매개효과가 검증된 경우는 7가지였다. 본 연구의 의미는 동적역량이 혁신성과에 미치는 영향을 직접 효과와 간접효과로 나누어 실증적인 연구를 최초로 시도하였으며 운영역량과 IT역량을 탐험과 활용 역량으로 구분하여 정밀한 분석을 하였다는 점이다. 본 연구 결과를 통하여 기업이 적응하고 진화하는데 동적역량과 운영역량이 상호보완적인 역할을 한다는 시사점을 얻을 수 있다.