• 제목/요약/키워드: Innovation Capacity

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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 Study on Factors Influencing Digital Entrepreneurship and Digital Innovation: Moderating Effect of Technology Absorptive Capacity (디지털 기업가정신과 디지털 혁신에 미치는 영향 요인 연구: 기술흡수역량의 조절효과 분석)

  • Jang Sung Hee
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.19 no.1
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    • pp.107-118
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    • 2024
  • The purpose of this paper is to investigate the factors affecting digital entrepreneurship and digital innovation and the moderating effect of technology absorptive capacity. To achieve the research purpose, the contributing factors are set as technical characteristic (digital technology capability), organizational characteristics (digital learning capability and financial readiness), and institutional pressures (coercive pressure, mimetic pressure, and normative pressure). The research model and hypothesis are established based on the theoretical background of digital entrepreneurship, digital innovation, institutional pressure, and technology absorptive capacity. The proposed model is analyzed by targeting 104 companies. Smart Partial Least Square (PLS) 4.0 is utilized for deriving the study results. The results of hypothesis testing are as follows: First, digital technology capability, digital learning capability, financial readiness, and institutional pressure have a positive influence on digital entrepreneurship. Second, digital entrepreneurship has a positive impact on digital innovation. Finally, technology absorptive capacity has a moderating effect in influencing digital entrepreneurship on digital innovation. The results of this study emphasize the need for digital entrepreneurship in the era of the Fourth Industrial Revolution and digital transformation, and may provide strategic implications for companies that desire to achieve digital innovation through digital entrepreneurship.

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Book Review: Innovation and Public Policy in India

  • Sharma, Gautam
    • Asian Journal of Innovation and Policy
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    • v.10 no.3
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    • pp.404-408
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    • 2021
  • The role of innovation in economic growth and development is extensively recognized today. Innovations allow firms to stay ahead in a competitive environment while also playing a leading role in developing a nation or a region. The capacity to solve critical problems depends on the generation of innovations. Innovations are more important for a developing nation as only through them, they can find appropriate solutions to the issues unique to their context. A robust roadmap that fosters and nurtures innovations in a country has thus become an essential aspect of public policy. In this context, the book The Black Box: Innovation and Public Policy in India by Prof. Rakesh Basant provides an overview of the innovation landscape in India and the challenges it faces in building a robust entrepreneurial and innovation ecosystem in the country. The author provides an extensive analysis of different actors within India's innovation system and recommends policy initiatives to boost and foster innovation.

Effects of Dietary Supplementation with Ferulic Acid or Vitamin E Individually or in Combination on Meat Quality and Antioxidant Capacity of Finishing Pigs

  • Lia, Y.J.;Lia, L.Y.;Li, J.L.;Zhang, L.;Gao, F.;Zhou, G.H.
    • Asian-Australasian Journal of Animal Sciences
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    • v.28 no.3
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    • pp.374-381
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    • 2015
  • This study aimed to evaluate the effects of vitamin E (VE), ferulic acid (FA) and their combination supplementation on meat quality and antioxidant capacities of finishing pigs. Sixty barrows were randomly allocated to four experimental diets using a $2{\times}2$ factorial arrangement with 2 VE supplemental levels (0 or 400 mg/kg) and 2 FA supplemental levels (0 or 100 mg/kg) in basal diets. After 28 days, six pigs per treatment were slaughtered. The results showed that VE supplementation increased loin eye area of pigs (p<0.05) and FA supplementation increased $pH_{45min}$ value (p<0.05). The interaction of $FA{\times}VE$ was observed in shear force of longissimus dorsi muscle (p<0.05). Moreover, supplementation with VE decreased hepatic and sarcous malondialdehyde (MDA) content, increased hepatic glutathione (GSH) content and sarcous glutathione peroxidase (GSH-Px) activity (p<0.05). Additionally, supplementation with FA increased hepatic GSH-Px activity and decreased sarcous MDA content (p<0.05). However, dietary treatment did not affect the expression of genes related to nuclear factor, erythroid 2-like 2 (NFE2L2) pathway. These results suggest that dietary FA and VE could partially improve meat quality and antioxidant capacity of finishing pigs, but not by activating NFE2L2 pathway under the normal conditions of farming.

A Study on the Moderating Effect of Absorptive Capacity of Venture Firms on Technological Innovation Performance (벤처기업의 흡수능력이 기술혁신성과에 미치는 조절효과 연구)

  • Choi, Jong-Yeol
    • Journal of Digital Convergence
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    • v.16 no.1
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    • pp.125-134
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    • 2018
  • This study focused on the study of the moderating effects of absorptive capacity(AC) of venture firms on the technological innovation performance(TIP). For this purpose, this study analyzed the relationship between entrepreneurship(ENT), innovation competence(INC), external cooperation(EXO) and AC affecting the performance of technological innovation activities in venture companies in the area of Busan. As a result of analysis, the AC showed a role of moderating processes, in which ENT have affected the INC, and ENT, INC, and EXO have affected the TIP. Secondly, several relationships which have positively influenced or mediated, have been presented. ENT has positively influenced INC, EXO, & TIC. INC have done so EXC & TIP. EXC have done so TIP. Each of INC and EXC has been positively mediating the relationship between ENT & TIP.

A Study on the Effect of Technological Innovation on the Implementation of Smart Factory through the Environmental Factors of the Enterprise -Absorption Capacity as Moderating Variable- (기업의 환경요인을 통한 기술혁신이 Smart Factory 구축에 미치는 영향 연구 -흡수역량을 조절변수로-)

  • Jin, Sung-Ok;Seo, Young Wook
    • The Journal of the Korea Contents Association
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    • v.19 no.10
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    • pp.407-420
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    • 2019
  • This study is an empirical study of 'the effect of Technological innovation through environmental factors of an enterprise on the implementation of a Smart Factory'. The purpose of the research is to improve the utilization and effectiveness of the Smart Factory by considering and implementing factors that will be promoted in an internal environment or focus when building. The research method was statistical analysis with SMART PLS by surveying the relevant personnel of the company that implemented the Smart Factory. The results of the study showed that internal organizational factors and self-efficacy have a positive effect on technological innovation, and technology innovation has a positive effect on the key factors of smart factory implementation. And the absorbing capacity, which is a moderating variable, has a positive effect in part on the key factors of smart factory implementation by interacting with technological innovation factors. This study can be used by companies that want to implement a smart factory, and it has the significance of laying the theoretical foundation for research on smart factory implementation through empirical analysis.

Comparison of Innovation Capabilities - The Case of Chinese Regions -

  • Li, Hang;Kim, Sang-Wook
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.9
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    • pp.225-234
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    • 2022
  • Innovation is not only one of the factors determining the competitiveness of national regions, but also an engine for economic development, and plays an important role in breaking out of the trap of middle-income countries. This paper constructs a regional innovation index from the perspectives of innovation input, innovation output, and innovation environment, and measures the regional innovation index of 31 provinces, municipalities, and autonomous regions in China from 2006 to 2019 by using principal component analysis and cluster analysis. The results concluded that there are large provincial and municipal differences in China's regional innovation capacities, and the provinces with higher comprehensive levels are mainly concentrated in the southeastern coastal region. Cluster analysis divides the 31 provinces, municipalities, and autonomous regions into five types, and the results find that the respectively developed coastal regions are in the high-level and the high-level regions relying on the advantages of location and national policies.

The Innovation Activities of Vietnamese Enterprises: Current Status and Solutions

  • Quoc Cuong Nguyen;Hoang Tuan Nguyen;HyukDong Kwon
    • International Journal of Advanced Culture Technology
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    • v.11 no.2
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    • pp.229-237
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    • 2023
  • Innovation has been considered not only an important factor for creating and maintaining the competitiveness of nations but also a key determinant of enterprises performance in over the world. Innovation is the process by which an enterprise develops new products, services, processes or management systems to meet requirements due to the change of business environment, technology. The results of implementing innovation increase capacity of the business, thereby helping the business to develop sustainably in the face of market trends and competition from competitors. This paper aims to explore the current status of innovation activities as well as proposes solutions to develop innovation activities for Vietnamese enterprises. The proposed solutions in this study paper create a premise to improve the competitiveness and sustainable growth of enterprises in the context of deeper and more comprehensive international economic integration.