• Title/Summary/Keyword: R&D of Small Companies

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The Impacts of R&D Capabilities of Small Companies on Organizational Competences and R&D Commercializing Performances (소기업의 R&D역량이 조직역량 및 R&D사업화에 미치는 영향)

  • Kim, Sun-Ha;Hong, Jin-Hwan;Lee, Hun-Hee
    • Korean small business review
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    • v.43 no.3
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    • pp.21-42
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    • 2021
  • Since R&D (Research and Development) of small companies is becoming more and more important, and government R&D grants are still increasing. This study aims to investigate the factors influencing R&D performance of small companies and necessary capabilities of them. Based on empirical study of 3,636 small companies which participated and completed government R&D grant project, technology innovation capability and technology commercializing capability of small companies are positively related with organizational competences, with moderating effects of entrepreneurship. In addition, their R&D capabilities are not significantly related with R&D commercializing performance directly, but mediated with organizational competences. The results of study suggest implications of measuring the R&D performance of small companies and government support policy with the importance of organizational competences as an intermediate variable of R&D performances.

A Proposal of Module Based Expert Pool System to Improve R&D System in IT Small Company (IT중소기업의 연구개발(R&D) 촉진을 위한 모듈화된 인력지원 시스템 제안)

  • Lee, See Woo
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.2
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    • pp.247-254
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    • 2010
  • In this paper, I propose the modular support of IT small companies that assigns specialist on each module and create the module corresponding to R&D processes to small companies in order to support technical difficulties arising in a R&D process of IT small companies. The number of applied target companies is 149 IT small companies and altogether 45 specialist who had supported 10 modules. As a result of observing for two years, I identified that the system helps the technical difficulties.

The Impact of the External Technology R&D Collaboration Network Heterogeneity on the Employment Increase of Small and Medium Companies: The Mediating Effect of Export Growth (외부 기술 연구개발 협력 네트워크의 다양성이 중소기업의 고용 증대에 미치는 영향: 수출 증대의 매개 효과)

  • Hau, Yong Sauk
    • Journal of Digital Convergence
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    • v.16 no.3
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    • pp.181-187
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    • 2018
  • With a view to deepening the research stream on the factors positively influencing the export growth and the employment increase of South Korean small and medium companies, this research has developed the research model about the impact of small and medium companies' external technology R&D collaboration network heterogeneity on their export growth and employment increase, and has empirically tested the research model with the 2,200 data collected from the small and medium companies in the South Korea. This study illuminates the two points from the empirical testing results. One point is that small and medium companies' external technology R&D collaboration network heterogeneity significantly and positively influences their employment increase from technology development. The other point is that small and medium companies' export growth from technology R&D partially mediates the impact of the external technology R&D collaboration network heterogeneity on their employment increase from technology R&D.

Critical Success Factors for Malaysian SMEs and Large Companies in Commercializing Universities' R&D Outputs

  • Tam, Kok Chian;Chong, Aik Lee;Yee, Angelina Seow Voon;Tham, Joel Kah Marn
    • Asian Journal of Innovation and Policy
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    • v.8 no.3
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    • pp.362-377
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    • 2019
  • Commercializing universities' R&D outputs is a major management challenge and there are limited studies to describe this phenomenon from the perspective of companies' management. Experiences of six small and medium size and four large companies' management's respondents are gathered through semi-structured face-toface interviews. Twelve critical success factors revealed by the respondents, namely R&D product and market readiness, good partnership with university, researcher's motivationand commitment, availability of resources, government support and motivation, control and ownership of intellectual property rights, university's management support, entrepreneurial culture in the university, an open communication and trusting relationship, researchers' skills, a risk taking attitude, and existence of performance measures as important to commercialize the universities' R&D outputs in Malaysia. The different views from the management of small and medium size, and large companies are also discussed in this study.

R&D Scoreboard에 의한 연구개발투자와 성과의 연관성 분석

  • 조성표;이연희;박선영;배정희
    • Journal of Technology Innovation
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    • v.10 no.1
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    • pp.98-123
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    • 2002
  • This study develops a Korean R&D Scoreboard which has originated from the R&D Scoreboard in United Kingdom. The Scoreboard contains details of the R&D investment, sales, growth, profits and employee numbers for Korean companies which are extracted from company annual reports and key ratios calculated, with some movements over time. Companies are classified by the Korea Standard Industrial Classification. The Scoreboard contains 190 companies which consist of 100 largest companies and 30 middle-or small-sized firms listed in Korea Stock Exchange (KSE), and 30 ventures and 30 other firms listed in KOSDAQ. The overall company R&D intensity (R&D as a percentage of sales) is 2.1% compared to the international average of 4.2%. Korea has an unusually large R&D percentage of sales in IT hardware (4.9%) and telecommunication (3.7%). R&D intensity is positively correlated with company performance measures such as profitability, sales growth, productivity and market value. For largest companies listed in KSE and ventures listed in KOSDAQ, the ratio of operating profit to sales is greater for high R&D intensity companies. Sales growth is in proportion to R&D intensity for all companies. Plots of value added per employee or sales per employee vs R&D per employee rise together for the sectors studied, especially for the chemical sectors and automobile sectors, demonstrating a correlation with productivity. The average market value of high R&D companies in the KSE has risen more than 1.6 times that of the KOSPI 200 index. Given the correlation between R&D intensity and company performance and given that R&D is a smaller percentage of surplus (profits plus R&D) than international level (both overall and in several sectors), the challenges facing Korean companies are to maintain the leading position in IT hardware and telecommunication, and to increase the intensity of R&D in many medium-intensive R&D sectors where Korea has an average intensity well below international or US levels.

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The Economic Effect Analysis of R&D Investment in Small & Medium Enterprises Technological Innovation Areas - Centering on the Number of Supporting Subject and the Amount of Supporting Fund - (중소기업 기술혁신분야 연구개발(R&D)투자의 경제적 효과 분석)

  • Park, Gyung-Ju
    • Journal of the Korea Safety Management & Science
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    • v.9 no.5
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    • pp.135-145
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    • 2007
  • In this study, as the result of analyzing the relationship and influence between economic outcome and R&D supporting investment, the number of supporting subjects among the technological innovational areas of SMEs, it is as below. First, as the economic result of analyzing companies from the investment in R&D of technological innovational areas of minor companies, the number of supporting subjects and amount of R&D have relationship with increase of sales and export amount, employee reduction & the effect of new job creation shows positive correlation with the effect of import replacement. Second, as analyzing the influence of the investment in R&D has economic effect from of technological innovational minor companies. This is thought that the financial and R&D support increase a significant effect on economical, technical against SMEs.

A Study on the Relationship between R&D Information Support Programs and SME Performances: With Focus on ICT SMEs (중소기업 R&D 정보 지원과 성과의 관계에 대한 연구: ICT 기업을 중심으로)

  • Jun, Seung-pyo;Sung, Tae-Eung;Seo, Ju Hwan
    • Journal of Korea Technology Innovation Society
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    • v.19 no.1
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    • pp.48-79
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    • 2016
  • Recently, to overcome the global economic recession and stimulate the sluggish economy, Korea government has adopted various policies designed to strengthen the innovative capabilities of its small or medium sized enterprises (SMEs). With our focus on ICT technology companies, this study empirically analyzes both the potentials and the limitations of the R&D information support programs which are part of these governmental efforts. Our goal is to generate insights and help develop policies based on evidence. In this study, we used statistics from 2014 on small or medium business technologies to analyze the effect that the government's R&D information support policy has had on the technological or economic performance of small or medium businesses. According to these research results, R&D support programs (assistance with R&D planning and provision of technological information) made available to small or medium businesses did have a significant correlation to technological investment. By contrast, R&D information supporting programs were found to have no direct, significant correlation to technological or economic performance. One exception was that programs that gained the benefits of R&D planning support did have a significant correlation to technological performance in the case of companies engaged in ICT research. The results of this study will provide various insights for policymakers designing policies to support technologically-driven small or medium businesses, including ICT-based companies. We anticipate that this study will be a particularly helpful guide to policy development for corporations or researchers that provide supportive information to small or medium businesses.

The Impact of Small and Medium Companies' Export on Their performance in Chungbuk (수출이 지방중소기업의 경영성과에 미치는 영향: 충북을 중심으로)

  • Cho, Taek-Hee
    • International Commerce and Information Review
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    • v.10 no.2
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    • pp.349-369
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    • 2008
  • The purpose of this study was to investigate the impact of the performance of small and medium companies located in Chungbuk according to their export ratio. First, there were significant the differences in those companies' performance depending on their export ratio. Such variables as operating incomes, current ratio, R&D, and the number of employees showed differences when those companies were divided into two groups whose export ratio were less than and more than 10%. Second, the impact of determinants which consisted of the size of total assets, R&D, advertisement, and export ratio on those companies' performance which consisted of profitability, stability, productivity, growth, liquidity, and activity was analyzed.

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The Effect of National Aid Programs to Small Business in Global R&D Cooperation Outcome and Global Business Abilities (정부지원이 중소기업 글로벌 R&D 협력 성과와 글로벌 역량에 미치는 영향)

  • Lee, Han-Woong;Baek, Dong-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.177-186
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    • 2014
  • This study aims to observe effects of global R&D cooperation outcomes and global business abilities of small businesses by a national aid program. This study selected a program, Industry Technical Global Cooperation Project launched from Korea Institute for Advancement of Technology (KIAT). Also, small businesses CEOs' roll and efficiency are very important to increase outcomes and improve abilities of their companies. In this study, CEO's global level or ability is regarded of small businesses' global level. Then, this study shows positive effects between a national aid program and global R&D cooperation outcome and between global R&D cooperation outcome and global business abilities.

U-IT Technical evaluation and Product sorting management Processing (U-IT 기술 평가 및 제품 선별 관리 프로세싱)

  • Kim, Hye-Sun;Yang, Hae-Sul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.4
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    • pp.1086-1094
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    • 2008
  • Today's small and medium-sized enterprises in technology development for future industrial growth engine. In addition evaluation of the technological competitiveness of companies and countries for R&D investment as a significant item evaluated constantly expanding, he said. However, R&D productivity to properly measure and assess the companies rarely. This paper examines the existing technology, technology assessment, the study's limitations, the small and medium-sized companies to complement the U-IT TE and PSMP Model suggested by the design environment, and technology-related companies in the technology, the ability to comprehensively assess and as a tool to leverage, technical analysis and quantitative evaluation and production from the completion of the Process Model, presented want to formalize.