• Title/Summary/Keyword: Innovation Capacity

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How Does Openness Influence Innovation of Korean Manufacturing Firms? (외부 지식 활용이 한국 제조 기업들의 혁신에 어떤 영향을 미치는가?)

  • Moon, Seong-Wuk
    • Journal of Korea Technology Innovation Society
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    • v.14 no.4
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    • pp.711-735
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    • 2011
  • This study examines whether firms' openness to external knowledge improves their innovative performance and what factors make openness more effective in generating innovation. Using 2008 Korean Innovation Survey in manufacturing sector, this study tests whether openness improves innovative performance and how absorptive capacity, small size and use of appropriation methods to a high degree influence the effect of openness on innovation in Korean manufacturing industries. This study finds the followings: First, the effect of openness varies depending on type of innovation. Openness is more effective for incremental innovation than for radical innovation. Second, there exists complementarity between openness and the R&D intensity when innovation is incremental. When the R&D intensity level is high, the effect of openness on incremental innovation is stronger than on radical innovation. Third, openness is more effective for small firms to perform radical innovation than incremental innovation. Fourth, when a firm uses appropriation methods to a high degree, openness is not effective for incremental innovation.

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A Study on The Determinants of New Product Development Performance (신제품개발성과에 영향을 미치는 요인연구)

  • Lee, Kwang-Soo;Ree, Min-Ho;Ree, Sang-Bok
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2010.04a
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    • pp.310-320
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    • 2010
  • In this study, factors affecting the development of new products and research about the relevance of the factors based on the research model was configured. Existing research and technology commercialization process of discrimination that occur in the importance of risk management and open innovation company's competitive advantage in new product development and affect the reporter know what the effect is used as a control variable effects. Factor in the development of new products through research and innovation capacity and knowledge management activities, the introduction of open innovation and enterprise level ever due to the level of risk management controls and the need for effective research to study the model was proposed.

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Utilization of Knowledge Base and Its Requisites for the Performance of Innovation Using External Knowledge (외부지식활용 혁신성과를 위한 지식베이스의 활용과 조건)

  • Yi, Sangmook
    • Knowledge Management Research
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    • v.10 no.4
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    • pp.75-91
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    • 2009
  • Many prior researchers have repeatedly emphasized the importance of utilizing external knowledge as a critical factor for the success of organizational innovation. But they seem to have ignored the importance of the practical methods to advance the ability of finding new way of applying external knowledge to innovation activities. This paper suggests the exploitation of firm's knowledge base in innovative way as a practical method to utilize external knowledge for organizational innovation, because it could be possible to find out a common factor in external knowledge with organizational knowledge base by exploiting it. According to the empirical test with data of 1,143 manufacturing firms, all of the hypothesis were strongly supported.

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The Effects of Technological Capabilities and Entrepreneurship on Technological Innovation of Technology-based Start-ups in Korea

  • Ahn, Seungku;Kim, Juil;Lee, Kwang-Hoon
    • Asian Journal of Innovation and Policy
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    • v.10 no.1
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    • pp.90-107
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    • 2021
  • This paper analyses how technological capabilities and entrepreneurship of technology-based start-ups affect their performance. In this paper, a multiple regression analysis was conducted on 248 technology-based start-ups. The effects of indicators of technological capacity like R&D intensity, R&D organization, technology competitiveness, patents, and certification were analyzed. Factors affecting sales were R&D intensity and technological competitiveness. Technology competitiveness and patents were the significant factors influencing product competitiveness. The factor that positively influenced organizational performance, customer performance, and achievement of start-up goals was technological competitiveness. The results of such an analysis should be designed to discover and foster long-term innovation potential, rather than relying on short-term financial performance.

How are the Firms' Innovative Activities and Credit Rating Signals Received in the Market?

  • Jeongbin Whang
    • Asia Marketing Journal
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    • v.25 no.1
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    • pp.37-44
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    • 2023
  • Firm innovativeness and financing capacity are critical signals to stakeholders as they are key drivers of firm performance and competitiveness and indicate the firm's ability to fund its operations and growth initiatives. Based on signaling theory, this study investigates the signaling effect of a firm's innovativeness and creditworthiness and examines its signaling effectiveness. Using Korean innovation data and Korea Investors Service financial data for nine years, the findings indicate that a firm's technological innovation has a negative impact on its credit ratings, while non-technological innovation has a positive impact. Furthermore, a firm's credit ratings positively impact its performance. The current study contributes to the literature on signaling theory by exploring the signaling effect of a firm's innovativeness and creditworthiness. The findings provide insights for managers on how to send and monitor signals to stakeholders.

Effects of Tributyrin on Intestinal Energy Status, Antioxidative Capacity and Immune Response to Lipopolysaccharide Challenge in Broilers

  • Li, Jiaolong;Hou, Yongqing;Yi, Dan;Zhang, Jun;Wang, Lei;Qiu, Hongyi;Ding, Binying;Gong, Joshua
    • Asian-Australasian Journal of Animal Sciences
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    • v.28 no.12
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    • pp.1784-1793
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    • 2015
  • This study was carried out to investigate the effects of tributyrin (TB) on the growth performance, pro-inflammatory cytokines, intestinal morphology, energy status, disaccharidase activity, and antioxidative capacity of broilers challenged with lipopolysaccharide (LPS). A total of 160 one-day-old Cobb broilers were allocated to 1 of 4 treatments, with 4 replicated pens per treatment and 10 birds per pen. The experiment consisted of a $2{\times}2$ factorial arrangements of treatments with TB supplementation (0 or 500 mg/kg) and LPS challenge (0 or $500{\mu}g/kg$ body weight [BW]). On days 22, 24, and 26 of the trial, broilers received an intraperitoneal administration of $500{\mu}g/kg$ BW LPS or saline. Dietary TB showed no effect on growth performance. However, LPS challenge decreased the average daily gain of broilers from day 22 to day 26 of the trial. Dietary TB supplementation inhibited the increase of interleukin-$1{\beta}$ (in the jejunum and ileum), interleukin-6 (in the duodenum and jejunum), and prostaglandin $E_2$ (in the duodenum) of LPS-challenged broilers. Similar inhibitory effects of TB in the activities of total nitric oxide synthase (in the ileum) and inducible nitric oxide synthase (in the jejunum) were also observed in birds challenged with LPS. Additionally, TB supplementation mitigated the decrease of ileal adenosine triphosphate, adenosine diphosphate and total adenine nucleotide and the reduction of jejunal catalase activity induced by LPS. Taken together, these results suggest that the TB supplementation was able to reduce the release of pro-inflammatory cytokines and improve the energy status and anti-oxidative capacity in the small intestine of LPS-challenged broilers.

A Exploratory Comparison Study of Social Network and Absorptive Capacity on Technological Alliance (사회적 네트워크와 흡수역량이 기술협력에 미치는 영향에 관한 탐색적 비교분석 연구)

  • Kim, Hwan-Jin;Kim, Byung-Keun
    • Journal of Korea Technology Innovation Society
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    • v.17 no.4
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    • pp.629-650
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    • 2014
  • This paper aims at exploring the comparative impact of social networks and firm's absorptive capacity on the process of technological alliance such as technological alliance partner selection, governance structure and performance. Firms not only need to develop internal absorptive capacity but also need to cooperate with outside innovating entities. Increasing networks with other firms and enhancing firm's internal absorptive capacity become more and more important to enter into new market, increase network effects and develop firm's core capacities. In the view of firm's motivation for technological alliance such as expanding social networks and enhancing absorptive capacity, we develop hypotheses and tested comparative impact of those two constructs using 215 survey data of Korean venture companies. The results showed that absorptive capacity showed more impacts on the technological partner selection criteria than social networks. No impact was found between social network and alliance performance. Only absorptive capacity showed positive impact on the technological alliance success. Both constructs showed no impact on the choice of governance structure. In the conclusion section, we discussed the findings and implications of this study and directions for future studies.

Effect of internal and external capabilities and activities of a company on absorptive capacity and performance (기업의 내부 및 외부역량과 활동이 흡수역량과 성과에 미치는 영향)

  • Kim, Young-Ki;Park, Seong-Taek
    • Journal of Convergence for Information Technology
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    • v.11 no.11
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    • pp.125-136
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    • 2021
  • Innovation is essential for the survival of a company in the fierce competitive environment of the global era of borders along with rapid technological development and changes from the environment. It is very important to secure your own competitive advantage. In this study, the relationship between internal R&D capability and organizational support as a company internal factor and external R&D capability, external knowledge search, and absorptive capability as a company external factor on performance was examined. As a result of the analysis, it was found that internal R&D capability, organizational support, and external knowledge search had a significant effect on absorptive capability, and innovation performance had a positive effect on new product performance. However, the mediating effect of absorptive capacity has not been verified, suggesting that absorptive capacity has a low correlation between innovation performance and new product performance, or that other important factors act between absorptive capacity and performance variables. The results of this study are expected to be utilized as useful guidelines when establishing R&D strategies in companies.

The Analysis of Regional Innovation Potential for Establishing Regional Innovation System (지역혁신체계 구축을 위한 지역의 혁신 잠재력 분석)

  • Ko Suk-Chan;Kim Hak-Min;Kim Sung-Jong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.7 no.1
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    • pp.80-88
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    • 2006
  • This study calculates comprehensive regional innovation potentials of the 16 provincial governments of Korea based on the 20 indices from 3 fields such as regional innovation infrastructure, regional innovation activities, and regional innovation performance. Except regional innovation activities supported by the central government's regional innovation grant program, there are disparities of the 3 innovation fields between the Seoul Metropolitan Area and non-Seoul areas. In some local provinces where the comprehensive innovation capacities are low, there are significant disparities among the 3 innovation fields. These provincial governments should support a policy to adjust the disparities for the sustainable regional innovation.

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Science and Technology Human Resource Capacity for Economic Growth: The Case of Korea

  • Park, Myungsoo
    • STI Policy Review
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    • v.1 no.2
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    • pp.19-31
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    • 2010
  • This paper presents the policies Korea adopted to educate and train scientists/researchers and technicians/skilled workers. The Korean policies for the increase of human resources in science and technology that stimulated an upgrading of skills in industry and adapted to technical advancements are identified. An important factor is that the supply and demand mechanism created a virtuous circle so that the science and technology education and training policies were responsive to economic demands. In addition, policies to foster a human resource capacity have enhanced the contribution of human resources in science and technology for innovation and economic growth.