• Title/Summary/Keyword: Innovation Capability

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Government Policies and Measures in Supporting Technological Capability Development of Latecomer Firms: A Tentative Taxonomy

  • Intarakumnerd, P.;Virasa, T.
    • Journal of Technology Innovation
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    • v.12 no.2
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    • pp.1-19
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    • 2004
  • This paper focuses on the significant issues of technological capability development of latecomer firms, and government policies enabling such firms to attain certain level of technological capability. The survey and case studies of manufacturing firms in Thailand were conducted to substantiate and investigate the process of technological capability development of latecomer firms. The analysis portrays a dynamic view of technological capability development that comprises three key elements namely strategic capability, internal capability, and external linkage capability. The paper, subsequently, discusses and suggests a tentative taxonomy of government policies and measures to support firms' technological capability development.

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The Effect of Technology Innovation Capability of Domestic Root Companies on Business Performance: Focusing on the Mediating Effect of Internal Resources (국내 뿌리기업의 기술혁신역량이 경영성과에 미치는 영향: 내부자원의 매개효과를 중심으로)

  • Seo, Sunyoung;Seo, Jonghyen
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.45 no.3
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    • pp.90-103
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    • 2022
  • The purpose of this study is first to understand whether technology innovation capability, which is considered an important factor in the Root companies, directly affects the business performance of the company. Second, it was attempted to determine whether internal resources deemed necessary for a company's continuous competitive advantage and excellent business performance play a mediating role in the technological innovation capability of the Root companies and the business performance. The implications of this study derived from the research results are as follows: Among the elements of technology innovation capability, R&D capability, positively affects both financial and non-financial performance. It was confirmed that the investment ratio could positively affect financial performance such as sales, market share, and yield, and non-financial performance such as corporate image, employee satisfaction, and productivity. Among the factors of technology innovation capability, the technology innovation system positively affects both financial and non-financial performance. Therefore, it can be said that securing rights to owned technology, establishing technology and funding, efficient use of resources, etc., affects financial performance such as sales or market share of a company, and affect the company's production capacity, image, and employee satisfaction. It has been verified that internal resources, including financial, physical, and human resources, can mediate between the three elements of technology innovation capability and corporate financial and non-financial performance.

Developing Technology Innovation Capability Evaluation Model for Small and Medium Enterprises (중소기업 육성을 위한 기술혁신역량 평가모형개발)

  • Cho, Joonggil;Lee, Sang-Sun;Byun, Min-Seok;Lee, Jonghwan;Kang, Kyungsu;Lee, Seongbin
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.1
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    • pp.162-169
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    • 2015
  • In this research, technology innovation capability evaluation model for small and medium enterprises was developed. To develop technology innovation capability evaluation model, two analytic technic was used. First one is AHP (Analytic Hierarchy Process) to give weight to each main index. Second one is fuzzy set theory to represent ambiguous index to numerical value. Finally, technology innovation capability evaluation model was achieved in combination with the same weight to AHP analysis and fuzzy set theory. With these results, small and medium enterprises can know important point in terms of strengthening the innovation capability evaluation.

Industrial Cluster System, and Entrepreneurship, RandD Capability and Technological Innovation of SMEs (산업클러스터의 체계성과 중소기업의 기업가정신, R&D역량 및 기술혁신)

  • Shin, Jin-Kyo;Im, Chae-Hyon
    • Management & Information Systems Review
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    • v.33 no.2
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    • pp.171-188
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    • 2014
  • Previous researches on technological innovation of SMEs have several limitations such as lack of study for industrial cluster system and entrepreneurship in SMEs, and ignoring role of RandD capability. So, this study suggested empirically a new model to SMEs. Major results are as follows. Firstly, system of industry and production had a significant and positive effect on entrepreneurship. Secondly, entrepreneurship had a significant and positive effect on technological innovation. Thirdly, system of science and technology had positive and significant effects on RandD capability and technological innovation. Fourthly, RandD capability had a positive and significant effect on technological innovation. Fifthly, business support system was not significantly related to entrepreneurship, RandD capability and technological innovation. Research results revealed that industrial cluster system(system of industry and production, system of science and technology), entrepreneurship and RandD capability were important for improvement of technological innovation performance in SMEs.

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The Characteristics of the Successful Venture Firms: Case Study (성공적인 벤처기업의 특성 분석: 사례연구)

  • 송위진;신태영
    • Journal of Korea Technology Innovation Society
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    • v.1 no.3
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    • pp.351-363
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    • 1998
  • This case study aims at investigating the factors which make venture firms successful. It analysedthree high-performance venture firms originated from the government-financed rese arch institute, the company and the university on the viewpoint of 'dynamic capability' theory. In this case study, technology integration capability and administrative innovation capability were identified as success factors of the three venture firms. The study also presented the role of the incubating organizations. Although incubating organizations supported technological and managerial resource-building of the entrepreneurs, there was not active interactive-learning between venture firms and incubating organizations after spin-off.

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The Moderating Effect of Technology Development Period on the Relationship between Technology Innovation Capabilities and Sales Performance (기술혁신역량과 매출성과에 기술개발소요기간이 미치는 조절효과)

  • Lee, Minho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.3
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    • pp.240-247
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    • 2021
  • As competition among companies has intensified and the life cycle of products has been shortened, strong innovation is needed to meet consumers' needs. In addition, it is necessary to shorten the life cycle of the product and reduce the time required for technology development for the competitive advantage of the product. In particular, venture companies where new technologies and ideas are important require more innovative capabilities than others companies. Therefore, this study analyzed the impact of technology innovation capabilities (product development process capability, human resource capability and financial capability) on sales by technology development for small and medium venture companies and analyzed moderating effect of technology development period on the relationship between technology innovation capabilities and sales by technology development. The data of 'Small and Medium Business Technology Statistics' collected by the government every year were used for analysis. Technology-intensive ventures were extracted from this data. In addition, the moderating effect was analyzed through hierarchical regression analysis. This study shows that product planning capability, test capability, and R&D expenditure have a positive impact on sales by technology development. In this study, the product development period showed a positive moderating effect on product development capability and sales performance. On the other hand, the product development period showed a negative moderating effect on R&D expenditure and sales by technology development.

How to Build a Learning Capability for Innovation? A Framework of Market-Based Learning Process

  • Lee, Hyun Jung;Park, Jeong Eun;Pae, Jae Hyun
    • Asia Marketing Journal
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    • v.17 no.1
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    • pp.27-53
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    • 2015
  • Learning organization has been an important issue in both management and marketing areas. Also learning capability is a key construct of innovation process in a firm. Especially, in marketing context, several researchers have studied market-based learning and its relation with performance. Previous studies have shown that market-based learning has a positive impact on overall firm performance. However, there has been inconsistency in the concept of market-based learning itself and its relationships with antecedents and consequences. Given this conflicting and inconsistent results of previous research, this study has two main objectives. First, this paper proposed a conceptual framework that marketbased learning has two types of processes and each types of market-based learning will generate different types of performance. Second, the mediating role of marketing capability in learning-performance link is proposed. The proposed conceptual framework shows that organizations which have marketbased learning for innovation management can enjoy ambidextrous firm performance on both side of effectiveness and efficiency via marketing capability. Moreover our research model proposes key drivers of market based organizational learning.

A study on the effect of managers' innovation orientation, technological innovation capability and organizational capability on corporate innovation behavior (중소기업의 전략적지향성, 기술혁신역량, 조직역량이 기업성과에 미치는 영향에 관한 연구)

  • Kim, Sang-Hwa
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.5
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    • pp.399-407
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    • 2022
  • Although Companies are forming cooperation and networks with various companies such as technology and R&D, but it is urgently necessary to secure multiple competencies of companies that can effectively adapt. This study investigated the effects of corporate strategic orientation, technological innovation capability, and organizational capability on corporate performance targeting SMEs located in the Daegu area. The survey was conducted from September 1 to November 30, 2021 for employees of Daegu companies, and a total of 183 cases were used for the final analysis. Looking at the results of the analysis, as a result of multiple regression analysis on Daegu companies, it was found that the strategic orientation, technological innovation capability, and organizational capability of managers, all independent variables, had a significant positive (+) effect on corporate performance. It can be seen that efforts should be made to improve education and R&D according to various competency bases and innovations because of the large impact on the manager's mind, the company's core technical competency, and the company's organizational performance. This study aimed to understand the importance of corporate strategic orientation, technological innovation capability, and organizational capability on corporate performance targeting relevant SMEs that can have a significant impact on national and regional economies.

An Analysis of Structural Relationship between Technological Innovation Capability, Collaboration and New Product Development Performance in Small & Mid-sized Venture Companies (중소벤처기업의 기술혁신역량, 협업, 신제품개발성과 간의 구조적 관계 분석)

  • Lee, Rok
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.1
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    • pp.185-195
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    • 2020
  • This study is intended to determine that there is a casual relationship between technological innovation capability and new product development performance in small and mid-sized venture companies, and that the introduction of collaboration as a means to step up technological innovation capability will improve new product development performance. To achieve this, a survey was carried out to employees who are engaged in R&D work for small and mid-sized venture companies based in Korea, and the results were analyzed by regression analysis. The findings showed that technology strategy, technology learning and open innovation belonging to technological innovation capability in small and mid-sized venture companies had an effect on new product development performance. In other words, the selection of collaboration as a wider array of core strategies on new product development performance showed that collaboration was a strategy affecting new product development performance. In addition, the moderating role of technological innovation capability in boosting new product development performance through the introduction of collaboration showed that common collaboration had a positive effect on stepping up technology strategy, and collaboration as a core strategy had a positive effect on the size of new product development performance by strengthening technology strategy and open innovation.

Identifying Antecedents of Service Innovation: Based on Service-Dominant Logic and Resource-Advantage Theory (서비스 혁신의 선행요인에 관한 연구: 서비스 지배적 논리와 자원 우위 이론을 중심으로)

  • Ryu, Hyun-Sun;Han, Jin Young
    • Information Systems Review
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    • v.18 no.2
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    • pp.79-106
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    • 2016
  • Service innovation is one means of gaining an advantage in a highly competitive environment. Although numerous studies have stressed the importance of service innovation, traditional good-dominant logic is still used in service innovation literature. Furthermore, few studies have been conducted on the link between service innovation and its antecedents in terms of service-oriented approach. To fill the gap, this article theoretically and empirically examines service innovation and its antecedents and consequences. Based on service-dominant logic and resource advantage theory, the current study aims to understand the effect of antecedents on service innovation as well as to identify the effect of service innovation on firm performance (i.e., non-financial and financial performance). Three service innovation activities, namely service creation-focused innovation, service delivery-focused innovation, and customer interaction-focused innovation, and four antecedents of service innovation, including human resource management capability, collaboration capability, marketing capability, and information technology capability, are identified based on Den Hertog (2000)'s service innovation framework. By using the empirical data collected from 189 service firms in Korea, this study explores the causal relationship among antecedents, service innovation and firm performance. Findings indicate that human resource management and marketing capabilities influence the three types of service innovation, whereas collaboration and information technology capabilities have a significant effect on both service creation-focused innovation and service delivery-focused innovation. In particular, human resource management capability is strongly related to customer interaction-focused innovation. The three types of service innovation have a positive influence on non-financial performance, whereas service delivery-focused innovation and customer interaction-focused innovation positively influence financial performance. These results support the crucial effects of antecedents, such as human resource management, collaboration, marketing and information technology capabilities, on service innovation.