• 제목/요약/키워드: Product & Process Innovation

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Product versus Process Innovation and the Global Engagement of Firms

  • Jang, Yong Joon;Hyun, Hea-Jung
    • Journal of Korea Trade
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    • 제25권4호
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    • pp.37-59
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    • 2021
  • Purpose - Although models of innovation and exporting dominate recent studies of relations between innovation and access to foreign markets, relations between innovation and foreign direct investment (FDI) are less explored. This is especially true of relations between types of innovation and FDI. We fill that gap in the literature with empirical evidence that clarifies whether firms enter foreign markets through exports or FDI. Design/methodology - In order to assess the role of innovation in firms' international engagement strategies, we develop research hypotheses and present new empirical evidence on firms' choice of entry - exports and FDI - based on firm-level data. Findings - Our empirical results suggest that the impact of product innovation is more significant in transition from being a purely domestic firm to an exporter, while process innovation more significantly affect transition from being an exporter to a multinational enterprise. Our results also support 'self-selection into FDI' rather than 'learning-by-performing FDI' in the relationship between innovation and firms' overseas expansion. Originality/value - Recent literature on the relationship between innovation and firms' participation in foreign markets is dominated by models of innovation and export behavior. However, foreign direct investment by multinational enterprises may also be associated with firms' innovative activities. We first analyze how product and process innovations influence firms' choices to initiate exports or FDI.

제조기업의 제품혁신 영향요인에 관한 연구: 공급자 참여, 고객참여 및 경영성과를 중심으로 (A Study on the Factors Affecting Product Innovation of Manufacturing Companies: With a Focus on the Relationship between Participation of Suppliers, Customer and Business Performance)

  • 나상균;조규연
    • 대한안전경영과학회지
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    • 제16권1호
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    • pp.177-189
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    • 2014
  • The objective of the present study is to analyze the relationship of suppliers and customer participation in product development process and effects of such participation on product innovation since it is getting more and more weight in manufacturing companies. It is also aimed in this study to explore if business performance of manufacturing companies might be affected by the suppliers participation as well as product innovation that is realizable by such participation. From the analysis, following conclusions could be drawn: First, suppliers participation in manufacturing companies turned out to have influence upon product innovation (standardized coefficient=0.193, C.R=3.510), implying that nothing is more important than the role of suppliers who have intention to realize innovation through participation in manufacturing companies. Second, the analysis showed that customer participation exercised impact upon product innovation of manufacturing companies (standardized coefficient=0.686, C.R=6.433), suggesting that the more customer participate in product development process of manufacturing companies, the more manufacturing companies could sharpen their competitiveness. Third, it was made known from the analysis that the product innovation thanks to suppliers and customer participation in manufacturing companies could have influence upon their business performance (standardized coefficient=0.762, C.R=7.666), signifying that the product innovation of manufacturing companies might depend on the participation of suppliers and manufacturers and, in turn, could affect their own business performance.

기업의 자원과 성과간의 관계에서 제품 및 공정혁신능력과 기술사업화역량의 역할 분석: 대덕연구개발특구내 기업을 중심으로 (The Relationships between Resource, Product and Process Innovation Capability, Technology Commercialization Competence and Performance of Firms in Daedeok Innopolis)

  • 황경연;성을현
    • 기술혁신학회지
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    • 제19권1호
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    • pp.137-160
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    • 2016
  • 본 연구는 기업의 보유 자원과 성과간의 관계에서 제품 및 공정혁신능력과 기술사업화역량의 역할을 분석하는데 목적을 두고 있다. 본 연구는 이를 위해 자원준거관점과 혁신 및 기술사업화 관련 실증연구에 기초하여 연구모형을 설정하고, 설문조사를 통해 수집된 대덕연구개발특구내 109개 기업 자료를 활용하여 검정하였다. PLS-SEM을 활용한 실증분석에서 기업의 인적 자원과 무형 자원은 제품혁신능력과 공정혁신능력에 유의적인 정의 영향을 미치는 것으로 나타났으나 기업의 유형자원은 제품혁신능력과 공정혁신능력에 유의적인 영향을 미치지 못하는 것으로 나타났다. 또한 기업의 제품혁신능력과 공정혁신능력은 기술사업화역량에 유의적인 정의 영향을 미치는 것으로 나타났으나 기업성과에는 직접적으로 유의적인 영향을 미치지 못하는 것으로 나타났고, 기업의 기술사업화역량은 기업성과에 유의적인 정의 영향을 미치는 것으로 나타났다. 본 연구는 혁신능력을 제품혁신능력과 공정혁신능력으로 구분하고, 이러한 혁신능력이 기술사업화역량에 미치는 영향을 분석했다는 점에서 차별화된 연구이다.

PI6sigma를 이용한 R&D 프로세스 혁신 사례 연구 (A Case Study on R&D Process Innovation Using PI6sigma Methodology)

  • 김영진;정우철;최영근
    • 산업경영시스템학회지
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    • 제33권1호
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    • pp.17-23
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    • 2010
  • The corporate R&D(Research and Development) has a primary role of new product development and its potential is the most crucial factor to estimate corporate future value. However, its systemic inadequacies and inefficiencies, the shorten product life-cycle to satisfy customer needs, the global operations by outsourcing strategy, and the reduction of product cost, are starting to expose to R&D business processes. The three-phased execution strategy for R&D innovation is introduced to establish master plan for new R&D model. From information technology point of view, PLM(Product Life-cycle Management) is one of the business total solutions in product development area. It is not a system, but the strategic business approach that collaboratively manage the product from beginning stage to end of life in all business areas PLM functions and capabilities are usually used as references to re-design new R&D process. BPA(Business Process Assessment) and 5DP(Design Parameters) in PI6sigma developed by Samsung SDS Consulting division are introduced to establish R&D master plan and re-design process respectively. This research provides a case study for R&D process innovation. How process assessment and PMM(Process Maturity Model) can be applied in business processes, and also it explains process re-design by 5DP method.

대구지역 중소기업의 조직문화와 기술혁신: 고용안정성과 환경불확실성의 조절효과 (Organizational Culture and Technological Innovation of SMEs in Daegu: The Moderating Effect of Job Stability and Environmental Uncertainty)

  • 임재현;신진교;황수정
    • 경영과정보연구
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    • 제31권1호
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    • pp.183-203
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    • 2012
  • 본 연구에서는 기술혁신 관련 기존 연구에서 실증연구가 부족한 조직문화와 중소기업의 기술혁신 과정에서 고려되어야 할 고용안정성과 환경불확실성을 도입하여 실증분석하였다. 구체적으로 조직문화와 기술혁신(제품혁신, 공정혁신) 간 관계, 그리고 이들 간 관계에 대한 고용안정성과 환경불확실성의 조절효과를 분석하였다. 258개 대구지역 중소기업을 대상으로 분석한 결과, 조직문화는 제품혁신에는 긍정적으로 유의한 영향을 미쳤으나, 공정혁신에는 유의한 영향을 미치지 못하였다. 고용안정성의 긍정적인 조절역할은 조직문화와 제품혁신 간에만 존재하였으나, 환경불확실성은 조직문화와 제품혁신, 조직문화와 공정혁신 간 모두를 긍정적으로 조절하였다. 본 연구에서는 실증분석 결과가 가지는 이론적 및 실무적 시사점, 한계점 및 향후 연구방향 등도 함께 논의하고 있다.

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중소기업 특성에 따른 외부 협업 활동이 혁신성과에 미치는 영향 (Performance of Collaboration Activities upon SME's Idiosyncrasy)

  • 이혜선;오준석;이재기;이봉규
    • 인터넷정보학회논문지
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    • 제14권6호
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    • pp.95-105
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    • 2013
  • 최근 급변하고 있는 시장변화로 기업의 경쟁우위를 지속하기 위한 기업 간 협업 활동과 그 중요성이 증가되고 있다. 특히 한정된 자원을 보유한 중소기업의 외부자원 활용과 협업 활동은 기업 내 역량강화 및 혁신성과 창출함 있어 중요한 요소로 자리 잡고 있다. 현재까지의 대다수 선행연구들에서는 중소기업의 다양한 특성과 협업의 연관성을 세부적으로 구분하여 혁신성과를 해석하기보다 기업의 크기(대기업과 중소기업)와 연구개발 활동 등의 환경적 요인으로 구분하여 협업과 성과의 영향정도를 규명하였다. 이에 본 연구에서는 국내 중소기업의 외부 협업 활동과 관련한 기업의 다양한 특성과 혁신성과 유형에 미치는 영향력 정도를 분석하고자 하였다. 이에 기업의 특성을 주 제품이 속한 산업군, 고객군, 기업 규모로 구분하였으며, 각 유형에 따른 협업 활동이 제품혁신과 공정혁신 성과에 미치는 영향력을 살펴보았다. 본 연구에서는 프로빗 모형을 사용하였으며, 분석결과 외부협업은 제품혁신에는 큰 영향을 미치지만 공정혁신에는 유의미한 영향을 미치지 않는 것으로 나타났다. 또한 중소기업의 주 제품군이 속한 산업과 고객에 따른 협업 활동의 경우, 전반적으로 두 유형의 혁신성과에 다양한 영향을 미치는 것으로 나타났다. 또한 기업 규모가 큰 경우, 외부와의 협업 활동이 규모가 작은 기업보다 혁신성과에 큰 영향을 미치는 것으로 나타났다. 본 연구결과를 바탕으로 지속적인 성과창출에 필요한 기업특성에 따른 협업의 영향력을 인지함으로써 향후 소규모 기업들을 위한 혁신성과 창출을 위한 전략을 도입하려는 실무자 및 기관 관계자들에게 도움이 될 것으로 기대된다.

Antecedents of Accepting Disruptive Innovation: The Perspective of Value Congruence

  • CUI, Yuan;ZHANG, Tingting;KIM, Seungwoon;FENG, Shi
    • The Journal of Asian Finance, Economics and Business
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    • 제8권2호
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    • pp.353-364
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    • 2021
  • Originating in value congruence theory, this study aims to give a clear understanding of the transformation process of consumers from incumbent technology to disruptive innovation technology. Moreover, the moderating effect of personal innovativeness in the process of consumers' switching to disruptive innovation is investigated. This study combines value congruence with expectation-disconfirmation theory, technology-switching theory, and the personal innovativeness of the disruptive innovation product, explaining why consumers have transformed from an incumbent product into a disruptive innovation. Data was collected through a questionnaire from 280 smartphone users in China. The respondents were mainly potential consumers who had never bought Redmi phones, namely, a smart product owned by the renowned Chinese company Xiaomi. The hypothesis of the research model is based on the example of the Redmi smartphone, which has been confirmed by existing smartphone users in China. Through investigation, the results of multivariable regression analysis show the decisive variables that influence consumer intentions, and we analyze the role of personal innovativeness in moderating between dissatisfaction with the incumbent product and purchase intention of a product based on disruptive innovation. The findings of this study can provide a certain reference for the sustainable growth of Xiaomi and the development of new products.

Aekyung: Design Innovation on New Product Development

  • Yoo, Changjo;Park, Kyungdo;Cho, Yeonjin
    • Asia Marketing Journal
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    • 제16권4호
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    • pp.89-105
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    • 2015
  • Because of fierce competition, the importance of product design has been emphasized. In this case study of Aekyung, we mainly focus on this company's efforts to incorporate design innovation into new product development process. Their efforts on innovative product design turn out to be rewarding as the sales and market share soar. Through this case, we try to identify what aspects of Aekyung's efforts lead to the better and more innovative product design.

정보 기술을 이용한 공급 기업과의 공동 혁신이 제조기업 제품 및 과정 혁신에 미치는 영향 (The Effects of the Co-innovation with Suppliers through IT on the Product and Process Innovations in Manufacturing Firms)

  • 최종민
    • 한국정보시스템학회지:정보시스템연구
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    • 제27권1호
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    • pp.111-131
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    • 2018
  • Purpose This study empirically investigated the impact of information technology(IT) capability on the co-innovation with suppliers and the effects of the co-innovation with suppliers on the product and process innovations in manufacturing firms. We demonstrated that IT promotes innovations trough the sharing of knowledge with suppliers. Design/methodology/approach The empirical data were collected through post-survey. 97 valid survey data were finally collected. With a multiple-regression analysis, we confirmed the influence relationships among critical variables. Findings In the empirical results, it was found that IT integration positively and significantly influences the amount of inter-organizational information exchange with suppliers. The results showed that the inter-organizational information flow with suppliers has a positive and significant impact on the inter-organizational learning with suppliers. It was also observed that the inter-organizational learning with suppliers facilitates and promotes the co-innovation with suppliers. From these results, it is concluded that the co-innovation with suppliers is activated through the knowledge transfer or sharing caused by an inter-organizational information flow or learning. Finally, the positive effects of the co-innovation with suppliers on the product and process innovations were empirically confirmed. Thus, it is suggested that IT capability influences innovations through the co-innovation with suppliers caused by an inter-organizational information flow.

Effects of Internationalization on Innovation in the Service Industry: Evidence from Korea

  • Lee, Jaeho;Lee, Ji-Hwan;Choi, Baeho
    • East Asian Economic Review
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    • 제18권4호
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    • pp.339-366
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    • 2014
  • This paper examines the impact of internationalization on the product, process and organizational innovations of Korean service firms. Despite the increasing importance of the service sector and the discrepancies in the natures of the manufacturing and service industries, the internationalization-innovation link in the context of service firms has rarely been examined empirically on a large sample. Based on the results of the logistic regressions using the 2006 Korean Innovation Survey data, we found that Korean service firms' international expansion is significantly and positively associated with their product and organizational innovations. In addition, the magnitude of the estimates in our models revealed that internationalization has a greater impact on product innovation than on process or organizational innovation.