• Title/Summary/Keyword: Innovation Capabilities

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The Effects of Technological and Learning Capability of SMEs on the International Performance: Focusing on the Mediating Effect of Innovative Performance (중소기업의 기술역량과 학습역량이 국제화 성과에 미치는 영향: 혁신성과의 매개효과를 중심으로)

  • Young-Soo Yang;Jae-Eun Lee
    • Korea Trade Review
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    • v.45 no.2
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    • pp.87-102
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    • 2020
  • While many previous studies have emphasized that technological and learning capabilities have an important impact on internationalization, however, there have been few attempts to directly identify the mediating role of innovative performance in the relationship between them. Therefore, we tested the relationships among two organizational capabilities such as technological capability and learning capability, innovative performance and internationalization. Specifically, we explored the impact of two organizational capabilities on innovative performance and the mediating role of innovative performance on internationalization. We tested hypotheses based on 206 survey data of Gwangju and Jeonnam provinces' small and medium-sized enterprises (SMEs). The empirical results showed that both technological capability and learning capability had a significantly positive (+) effect on SMEs' innovation performance, and both technological capability and learning capability had a significantly positive (+) effect on internationalization performance. In addition, it was confirmed that the innovation performance is not only related to the relationship between technological capability and internationalization performance but also acts as a partial mediation role in the relationship between the learning capability and internationalization performance. Based on the results of this study, theoretical and practical implications were provided, and the limitations of this study and future research directions were also discussed.

The Effect of the Innovation Capability and the Absorptive Capacity on Market Orientation, Technology Orientation, and Business Performance of IT-BPO Firms (IT-BPO 기업의 혁신역량과 흡수역량 요인이 시장지향성, 기술지향성 및 경영성과에 미치는 영향)

  • Kim, Wan-kang;Lee, So-young
    • Journal of Venture Innovation
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    • v.6 no.1
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    • pp.115-137
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    • 2023
  • This study analyzed the relationship between organizational innovative capability and absorptive capacity, market and technology orientations, and their impact on business performance for IT-BPO companies that are required to absorb new technologies from a leading perspective in the digital transformation era. To achieve this, an online specialized research company and offline surveys were conducted on 291 domestic IT-BPO companies, and SPSS 23 was used for descriptive statistics and reliability analysis while AMOS 23 was used for hypothesis testing including validity and mediating effects. The main findings were as follows: First, in the relationship between innovation and absorptive capabilities and Market Orientation Strategic(MOS), learning capability and knowledge network capability were found to have a statistically significant positive (+) effect on MOS. In the relationship between innovation and absorptive capabilities and Technology Orientation Strategic(TOS), R&D capability, potential absorptive capacity, and realized absorptive capacity had a statistically significant positive (+) effect on TOS. Second, in the relationship between innovation and absorptive capabilities and BP, only R&D capability was found to have a significant effect on BP. Third, both market orientation and technology orientation were found to have a significant positive (+) effect on BP. These findings suggest that effective competency factors can be identified according to the market and technology orientations pursued by IT-BPO companies to increase their growth and value creation, and provide implications for developing differentiated competency enhancement strategies based on strategic objectives.

A Case Study on Growth Through Coupled Process Open Innovation Open Innovation in the Faculty Startup Ecosystem: From the Perspective of Core Competency Theory (교원창업 생태계에서 결합형 오픈이노베이션을 통한 성장 사례 연구: 핵심역량이론 관점에서)

  • Changwon Yoon;Jeahong Park;Youngwoo Sohn;Youngjin Kim;Yeoungho Seo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.3
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    • pp.173-186
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    • 2024
  • This paper analyzes a case of successful faculty entrepreneurship through a coupled process of open innovation in a university context, using the core competency theory perspective. Initially, the current state of faculty entrepreneurship is examined, and the effects of interdisciplinary coupled processes of open innovation are explored, focusing on the case of 'Omotion Inc.,' a startup utilizing generative AI technology for hyper-realistic 3D virtual human experiences. The research methodology involves in-depth interviews with Omotion Inc.'s co-founders, technology commercialization professionals, and experts in the field, followed by analysis based on foundational theories. Applying the core competency theory, this paper scrutinizes the process of integrating diverse expertise and technologies from various academic disciplines. The analysis goes beyond the limitations of faculty entrepreneurship confined to a single technology-centric research domain. Instead, it explores the possibilities of enhancement and value creation through coupled processes, providing practical implications for the university entrepreneurial ecosystem. The aim is to extend the traditional roles of education and research within the university, presenting a role in economic value creation beyond the boundaries of conventional faculty entrepreneurship. Through the collaboration of two faculty members, this study showcases the creation of novel technology and business models. It establishes that successful coupled processes of open innovation in faculty entrepreneurship, from a core competency theory perspective, require the entrepreneurial firm to possess (1) entrepreneurial capabilities, (2) technological capabilities, and (3) networking capabilities. The implications of this research highlight the positive impact of coupled processes of open innovation in faculty entrepreneurship, as evidenced by the Omotion Inc. case, offering guidance on entrepreneurial directions for university members preparing for entrepreneurship.

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China's Roadmap for Fostering S&T and Catalyzing Innovation: Lessons for India

  • Sandhya, G.D.;Nath, Pradosh
    • Asian Journal of Innovation and Policy
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    • v.2 no.2
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    • pp.123-149
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    • 2013
  • In the past three decades since the advent of market oriented reforms began in 1978, China has made rapid strides in catalyzing economic growth. The economic development coincides with the development of significant capabilities in several areas of science, technology, and innovation. China has recorded notable achievements in a number of emerging fields. This paper investigates the process that has catalyzed the developments in Science and Technology (S&T) and the key factors that have facilitated this process. The causality of dynamism of S&T in China points at targeted development, an emphasis on high growth industries and high technology, commensurate resource mobilization, ruthless restructuring of innovation actors, dynamic organization and management of R&D, continuously evolving policies with strict enforcement, and implementable instruments. This paper attempts to bring out the roadmap of the Chinese transformation process in S&T and derive policy lessons for India.

The impact of innovation capabilities and supply chain external integration on performance (혁신역량과 공급사슬 외부통합이 기업성과에 미치는 영향)

  • Kim, Hoon
    • Journal of Digital Convergence
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    • v.11 no.8
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    • pp.175-182
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    • 2013
  • These days, Supply chain integration is considered an important process of companies. It is an particular issue in traditional environment changes in the supply chain competition. The results of this study showed that Organization capability, strategic capability in innovation capabilities had a positive impact on information integration and strategic integration in supply chain external integration which influenced management performance in a positive direction.

Technological Catching-up of Nuclear Power Plant in Korea: The Case of OPR1000

  • Lee, Tae Joon;Lee, Young-Joon
    • Asian Journal of Innovation and Policy
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    • v.5 no.1
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    • pp.92-115
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    • 2016
  • This paper presents how Korea succeeded in developing an indigenous nuclear power plant model over fifty years. Long-lasting national R&D for technical progress and the Korean government for managerial process were the two pillars in the build-up of indigenous Nuclear Power Plant (NPP) technological capabilities. The concept of technological capabilities is used to examine its evolutionary process with a qualitative and longitudinal approach. The government had a developing country ambition to formulate a strategic plan for technical self-reliance on nuclear power plant while establishing the country’s institutions and organization structure for the plan. Under the government leadership, it was national R&D that led to the resolution of a good number of technological problems, efficiently, by absorbing imported technologies and effectively adapting them to local circumstances.

Utilization and Performance of Foreign Researchers in Korean Research Organizations (외국인 연구인력의 활용 현황 및 성과)

  • 임덕순
    • Proceedings of the Technology Innovation Conference
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    • 1999.06a
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    • pp.266-289
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    • 1999
  • With the globalization trend in S&T activities, Korean research organizations have begun to utilize foreign researchers. The performance of foreign researchers is generally regarded satisfactory, but there are many problems too. Moreover, there has not been any research carried out even though there is a growing need for the management of foreign researchers. This paper identified the performance / motivation factors of foreign researchers in Korean research organizations. The statistical results show that the efforts and research capabilities are the most important variables for performance of foreign researchers in Korean research organization. In addition, it is found out that university shows higher performance than government research institute and corporate research organization while it pays the least to the foreign researchers. It is interesting to see that the level of monetary payment is not strongly related with the performance of foreign researchers. In order to utilize the full potential of foreign researchers, it is necessary to enhance the living infrastructure. In addition, due attention should be given to the managerial capabilities of R&D administrators and evaluation/incentive systems of foreign researchers in Korean research organizations.

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The Impact of International Relations on Technological Learning of Developing Countries (개도국의 기술학습에 대한 국제 관계의 영향)

  • 이태준
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2002.05b
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    • pp.63-70
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    • 2002
  • This paper is to illuminate the dynamic relationship between the technological learning mechanism and international political intervention. Besides conventional techno-economic factors, international political factors are emphasized as external factors in the technological learning mechanism. Being influenced by international political intervention, the evolutionary path of technological capabilities is not incrementally cumulated and organizational process is not autonomously performed, either. In order to mitigate the impact of the international political intervention, DCs make efforts to develop technological capabilities step-by-step in line with current and future civilian industrial demand.

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Data-driven Value-enhancing Strategies: How to Increase Firm Value Using Data Science

  • Hyoung-Goo Kang;Ga-Young Jang;Moonkyung Choi
    • Asia pacific journal of information systems
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    • v.32 no.3
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    • pp.477-495
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    • 2022
  • This paper proposes how to design and implement data-driven strategies by investigating how a firm can increase its value using data science. Drawing on prior studies on architectural innovation, a behavioral theory of the firm, and the knowledge-based view of the firm as well as the analysis of field observations, the paper shows how data science is abused in dealing with meso-level data while it is underused in using macro-level and alternative data to accomplish machine-human teaming and risk management. The implications help us understand why some firms are better at drawing value from intangibles such as data, data-science capabilities, and routines and how to evaluate such capabilities.

Lessons from Korean Innovation Model for ASEAN Countries Towards a Knowledge Economy

  • Ocon, Joey D.;Phihusut, Doungkamon;del Rosario, Julie Anne D.;Tuan, Trinh Ngoc;Lee, Jaeyoung
    • STI Policy Review
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    • v.4 no.2
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    • pp.19-40
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    • 2013
  • The Association of Southeast Asian Nations (ASEAN) achieved relatively rapid economic growth over the past decade. Sustainable growth among member states, however, is put into question due to macroeconomic challenges, political risk, and vulnerability to external shocks. Developed countries, in contrast, have turned into less labor-intensive technologies to further expand their economies. In this paper, we review the science, technology, and innovation (STI) policies and statuses of the scientific and technological capabilities of the ASEAN member countries. Empirical results based on STI indicators (R&D spending, publications, patents, and knowledge economy indices) reveal considerable variation between the science and technology (S&T) competence and effectiveness of STI policies of ASEAN members. We have categorized nations into clusters according their situations in their S&T productivity. Under the Korean Innovation Model, Cambodia, Laos, Myanmar, and Brunei are classified as being in the institutional-building stage, while Malaysia, Thailand, Indonesia, the Philippines, and Vietnam in the catch up stage, and Singapore in the post-catch up stage. Finally, policy prescriptions on how to enhance the S&T capabilities of the developing ASEAN countries, based on the South Korea development experience, are presented.