• Journal of Technology Innovation
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• v.24 no.1
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• pp.1-24
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• 2016

This study examined 142 electronic components, video, audio, and communications equipment manufacturers (KSIC 32) out of all the SMEs that responded to the Survey on Technology of the Small and Medium Enterprises in both 2005 and 2007 and empirically analyzed how the external resources utilization and the absorptive capability affected the management and the innovation performance in two years as well as how the absorptive capability moderated these relationships. According to the results of analysis, the external resources utilization, as measured by the technology collaboration and the governments R&D subsidies, did not have a significant impact on performance whereas R&D investment showed a positive (+) influence on the sales and R&D personnel ratio, negative (-). On the other hand, the moderating effect of absorptive capability varied by measurement method and independent variables. That is, when a technology collaboration takes place, the performance improved with the increase of R&D investment but R&D personnel ration had an opposite effect. The companies whose performance improved as the government R&D subsidies increase are those with low R&D investment or high R&D personnel ratio. These results demonstrate that the SME's external resources utilization cannot replace the internal and that the absorptive capability needs to be accumulated to maximize the effectiveness of external resources utilization. Also, the technology collaboration requires SME's aggressive investment in R&D and the government R&D subsidies turn out to be more helpful for the companies that already have the R&D personnel but have been unable to develop their own technology due to insufficient funds. This study has limitations in that it was conducted within the limited industry categories and samples, but has overcome those of the existing researches by identifying causal relationships through the use of longitudinal data.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2017.11a
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• pp.1213-1244
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• 2017

This study used a resource-based perspective to analyse the effects of organizational composition on the R&D performance of science and technology government-funded research institutes (GFRIs). We assumed that the composition of each GFRI would eventually be regarded as absorptive capacity and act as a moderating variable between R&D investment and performance. We used a panel generalized least squares (GLS) model with fixed effects to analyse panel data from 115 Korean GFRIs between 2011 and 2015. Our findings show that R&D investment of GFRIs has a direct and positive effect on performance. We also analysed how organizational composition can moderate the effect of R&D investment on performance. The findings provide evidence that organizational composition plays a moderating role between R&D investment and performance. Finally, this study discusses policy implications, its limitations, and also highlights future research directions.

• Journal of the Korea Institute of Military Science and Technology
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• v.12 no.1
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• pp.70-79
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• 2009

Currently, the investment on Research and Development(R&D) for defense core technology is continuously increasing to maintain advanced country's R&D level. In accordance with this trend, the national defense R&D investment management system is being more strengthening, and importance of performance evaluation is being emphasized more and more. However, the existing indicators of performance evaluation for defense core technology R&D is limited in efficient management because of the qualitative evaluation items and subjective allocation of points. In this paper, we developed a novel indicator for defense core technology R&D performance evaluation through domestic and foreign related literature and inquiry, brainstorming, and analysis techniques by Stepwise Multiple linear Regression(SMR) and Analytic Hierarchy Process(AHP). And we verified effectiveness of proposed indicators of performance evaluation by comparing with the existing evaluation indicators. Our proposed indicators for performance evaluation will create superiority performance on defense R&D fields.

• Journal of Korea Technology Innovation Society
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• v.19 no.3
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• pp.604-633
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• 2016

In this study, we attempt to identify factors that influence the performances of Korean firms regarding global R&D cooperation, and to derive policy implications for performance improvement. The hypothetic influential factors include firms' general characteristics, purposes and types of cooperation, technology, partners and their countries, and government support. We categorize the performances of global R&D cooperation into technological, economic, and strategic performance, and analyze the effects of those factors on each of the performances as well as the overall performance. We use a standard tobit model for the overall performance, while using a multivariate tobit model for the other performances to reflect the possible correlations among them. The survey data was collected from 162 Korean firms that had previously conducted or were currently conducting global R&D cooperation.

• Journal of Technology Innovation
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• v.30 no.3
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• pp.35-64
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• 2022

Currently, The budget expenditure for national R&D has been on the rise, and the quantitative performance in national R&D programs has been increasing accordingly. However, a growth of qualitative performance can not reach to an upward trend of quantitative performance. For a poor qualitative performance such as patent grades and technologies with low efficiency of technology transfer, the performance evaluation centered on "number of cases" is necessary to improve and start to introduce various "qualitative performance indicators". This paper focuses on "Triadic Patent Families" being measurable the overseas competitiveness of patent applied in major countries(the US, Europe and Japan). It analyzes the influencing factors to evaluate the quality of qualitative performance of R&D program. The result of this analysis shows a significant effect on the creating of triadic patent families within factors of R&D scale and project characteristics. This paper is significantly meaningful to expand insufficient triadic patent families to the target of interest rather than early study relatively, and to analyze the influencing factors of the creation of triadic patent families.

• Journal of Digital Convergence
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• v.14 no.1
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• pp.163-170
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• 2016

The purpose of this study is to determine the effect of R&D learning organization activities of domestic small and medium-sized businesses on economic/technological results. This study, through investigation on preceding studies of domestic and foreign learning organization researchers, examined the definition, characteristics, and deteriorating factors of learning organization, and learned dependent variables, which are the definition of organizational performance, and relationship between learning organization and organizational performance. Then it performed a survey targeting small- and medium-sized businesses in Gumi and grasped the relationship between R&D capability (study planning, vision goal adequacy, project management, commercialization of technologies) and learning organization capability (creation of constant learning opportunities, knowledge sharing and utilizing system, strategic learning leadership) by classifying them to seven independent variables, using regression analysis. Because this study grasped the effect of R&D learning organization activities on organizational performance, it is expected to promote forming R&D learning organization for active R&D activities and contribute to enhancing small and medium-sized businesses' recognition on the need of R&D activities.

• Analyses & Alternatives
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• v.8 no.2
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• pp.87-115
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• 2024

This study examines the effect of R&D investment on firm performance and value of Chinese private firms. Through R&D investment, firms aim to acquire knowledge and technological resources to create innovation and competitive advantage, which ultimately enhances firm performance and value. However, unlike other investments, R&D investments are characterized by high adjustment costs and risks, uncertainty and asymmetric information. In addition, the effect of R&D investment on firm performance and value has been shown to be mixed results due to various internal and external contextual factors. Therefore, this study intends to consider how the ESG activities of firms, which have recently attracted attention, act as a contextual factor in the results of R&D investment. This is because interaction with stakeholders through ESG activities is considered to be an important factor in securing competitive advantages and sustainable growth. In this context, this study measures the effect of a firm's R&D investment on its business performance by dividing it into financial performance and value, respectively, and examines the moderating effect of ESG score on the relationship. Based on empirical analysis of all Chinese private firms from 2010 to 2019, the results show that a firm's R&D investment has a negative impact on performance and a positive impact on value. Furthermore, a high ESG score of private firms positively moderates each relationship, emphasizing the importance of ESG activities.

• Asia pacific journal of information systems
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• v.25 no.1
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• pp.61-81
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• 2015

Investment in research and development (R&D) is critical in the information technology (IT) firms, where newer and better technology is a quintessential goal that directly affects innovation and competitive advantage. This study investigates how R&D investment influences firm performance and value, and how the effect of R&D investment differs between IT hardware and software firms. We also analyze the relationship between firm age and R&D investment in order to identify learning effects on continuous R&D investment. The empirical investigation in this study, based on longitudinal archival data from 2001 to 2010, found a significant effect of R&D investment on firm performance in IT firms. Further, this study demonstrates causal relationship between firm age, and verifies that learning effects are present in R&D investment. Moreover, the results are found to differ between IT hardware and IT software firms.

• Fire Science and Engineering
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• v.33 no.1
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• pp.171-178
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• 2019

The disaster and safety R&D budget has continued to increase since 2008, but the fire safety R&D budget is a small part. Therefore, successful outcomes that could lead to the economic growth of the fire safety industry have not been achieved. This paper suggests a fire safety R&D budget expansion, reinforcement of R&D capacity, and performance growing plan by analyzing the factors that affect the performance of a fire safety R&D project. Empirical analysis was performed through one-way ANOVA and regression analysis using the statistical program, SPSS statistics 21.0. As a result, this study suggests that the continuous expansion of R&D funds and the securing of excellent trained research manpower will be necessary to obtain qualitatively superior patents and papers.

• 한국정보디스플레이학회:학술대회논문집
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• 2009.10a
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• pp.1040-1043
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• 2009

a-IGZO is an attractive material to make an AMOLED device with uniform TFT properties for use in a large size display. However, this material shows TFT properties that are very sensitive to water or hydrogen. Therefore, it is essential to control these critical factors during fabrication of the backplane in order to improve the TFT performance. In this paper, we report the effect of passivation layer properties on the performance of the oxide TFTs.