• Title/Summary/Keyword: Technological Innovation

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The Impact of Non-technological Innovation on the Performance of Product Innovation (비기술적 혁신이 제품혁신의 성과에 미치는 영향 분석)

  • Mun, Sung-Bae
    • Journal of Korea Technology Innovation Society
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    • v.21 no.1
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    • pp.331-353
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    • 2018
  • Using data from 2008 and 2010 Korean Innovation Survey, this study estimates the impacts of non-technological innovation activities on the performance of technological innovation. The study estimates the effects of the two types of innovation, organizational innovation and marketing innovation. The estimation results suggest that both organizational and marketing innovations are closely related to the success of innovative products. In particular, non-technological innovation has significant positive impacts on the share of sales with market novelties. Among individual practices in organizational innovation, only the introduction of new business practices contributes positively to the sales of innovative products. In case of marketing innovation, new marketing methods in product design, product promotion and pricing increase the share of sales from new products.

Effect of IT Manufacturing Firms' Technological Innovation Factors -Focused on Cooperative relation and Governmental support- (기업협력과 정부지원에 따른 IT제조기업 기술혁신 영향 분석)

  • Park, Tae-Hoon;Park, Kyung-Hye
    • Journal of Digital Convergence
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    • v.10 no.9
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    • pp.39-45
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    • 2012
  • The technological innovation of IT manufacturing firms is the competitive tool for them to survive in the environment of an intensive competition. This technological innovation is critical in the survival of IT companies, but various factors should be considered to embody technological innovation effect. This paper aims to identify the determinant factors of the outcome which influence the technological innovation based on the IT companies, and set up a model for measuring technological innovation effect. A hypothesis was established for the impact relation between technological innovation effect, cooperative relation and government support level, which was verified through the structural equation model(SEM). As a result, the cooperation of IT companies and the governmental support affect the effectiveness of technological innovation. Eventually, government support for IT manufacturing firms derive business collaboration and continuous support is needed.

Study on the Innovation Process of the Satellite Industry (인공위성 산업의 기술혁신 과정에 관한 연구)

  • Seol, Myung Hwan;Choi, Jong-In
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.6
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    • pp.117-128
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    • 2014
  • This is the case study of SATREC INITIATIVE company which is the unique domestic production of commercial satellites. We examined the path and pattern for accumulation of technological capability and technology learning process. This case study show that the process of technological innovation and their influencing factors. First, the technological learning of the satellite industry follows the stage of technological acquisition, absorption, improvement and is embodied by the technological capability. Second, accumulated technological capability of the satellite industry influences the technology innovation. Third, the top management team(TMT) affects the technological learning and technological capability. Fourth, TMT has a moderating role between the technological capability and the performance of technological innovation. Finally, technological innovations in the small and venture business would be the source of technological capability and technological learning. The implications of this study are as follows. TMT has the very important role for the technological innovation and affect the technology development and the production. Also technology-based companies must gain a competitiveness advantage through technological learning and technological innovations for sustainable growth.

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A Study on Structural Relationship among Industrial Environment, Technological Cooperation and Performance of Small and Medium-sized Firms (중소기업의 산업환경, 기술협력 및 성과간의 구조적 관계에 관한 연구)

  • Na, Sang-Gyun
    • Journal of the Korea Safety Management & Science
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    • v.11 no.2
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    • pp.223-233
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    • 2009
  • This study was aimed at analyzing the structural relationship among such factors as industrial environment, technological cooperation, technological innovation performance and management performance that are essential to technological innovation of small and medium-sized companies. For this aim, an analysis was conducted to determine which of the factors in industrial environment has impact on technological cooperation of small and medium-sized companies. An empirical analysis was also performance to find what kind of effects the technological cooperation may have on technological innovation and management performance. From the analyses, it became known that: first, changes in industrial environment have influence on technical cooperation factors including production technology, technical information, technical manpower and fund for technology that are assorted by means of factorial analysis; second, the technological cooperation of small and medium-sized companies has impact on their technological innovation performance; and third, the technological cooperation of small and medium-sized companies has impact on management performance.

The Role of Absorptive Capacity in Technological Collaboration of SMEs (중소기업의 기술협력에서 흡수역량의 역할)

  • Kim, Jinhan;Park, Jinhan;Chung, Kidae
    • Journal of Korea Technology Innovation Society
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    • v.16 no.1
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    • pp.101-129
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    • 2013
  • Technological innovation is one of critical challenges for small and medium enterprises(SMEs) as well as larger firms. This study focuses on empirical test about the role of absorptive capacity on the relationship between technological collaboration and technological innovation outcomes in the context of SMEs. To achieve the purpose, we conducted hierarchical regression analysis through 266 samples from Korean manufacturing SMEs that is defined as an enterprise less than 300 employees. As a result, more diverse exploitations for types of technological collaboration have significant and positive impact on technological innovation outcomes. Additionally, the results show that absorptive capacity based on knowledge realization capability strengthens the impact on which external sources and types of technological collaboration affect technological innovation outcomes. Based on the results, we propose that SMEs require intense management efforts in establishing capability to create new knowledges, by combining existing knowledges, because excessive exploitations for external sources of technological collaboration necessarily do not help enhance technological innovation outcomes.

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Examining the Influence of Entrepreneurship on Innovation Activities and Performance with the Mediating Role of Technological Innovation (기업가 정신이 기술혁신과 혁신성과에 미치는 영향 및 기술혁신의 매개역할)

  • Ju, Ki-Jung;Park, Byeonghwa
    • Management & Information Systems Review
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    • v.34 no.2
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    • pp.21-37
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    • 2015
  • Entrepreneurship and innovation are highlighted as a way to overcome limitations and risk factors caused by today's uncertain business environment. As the uncertainty in the business environment increases, organizations are required to adapt to ever changing business dynamics. For this adaptation, entrepreneurship and innovation are crucial factors. This study proposes a model to explain a structural relationship between entrepreneurship, technological innovation, and innovation performance. The unit of analysis focus is small and medium-sized businesses. Empirical results show that there are positive causal relationships from entrepreneurship to technological innovation, and from technological innovation to innovation performance. Additionally, no direct relationship from entrepreneurship to innovation performance can be achieved through innovation activities such as technological innovation. This study points out the importance of entrepreneurship and technological innovation, and suggests that entrepreneurship along with technological innovation should be internalized as business practices leading to increased performance.

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A Comparative Study on the Patterns of Technological Innovation of Bio - Industry in Korea (한국 생명공학산업의 기술혁신 패턴에 관한 연구)

  • 박정민
    • Journal of Korea Technology Innovation Society
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    • v.4 no.2
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    • pp.224-241
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    • 2001
  • This paper is an inquiry into the patterns of technological innovation of bio - industry in Korea in comparison with the worldwide patterns. In another words, this study wants to check whether the patterns of technological innovation of bio - industry in Korea differ front those in advanced countries or not. The comparison is based on the theory of science - based industry asserted by Seol (2001) and Cho (2001). There are no specific difference in the patterns of technological innovation such as science - based innovation, capitalization of science, industries leading by scientific fields, the importance of venture firms for commercialization, high level of R&D expense to sales. Also the order of fields by size is similar to worldwide patterns. But the size of microbiology is bigger than that of worldwide patterns. The strength in microbiology may be the country specific features of Korea, like platform technology of Germany.

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The Current Research Trends and Challenges on Technological Innovation and Economic Growth: A Focus of Korean Cases (기술혁신과 경제성장 연구의 현황과 과제: 한국에 대한 논의를 중심으로)

  • Jeong, Jun Ho
    • Journal of Technology Innovation
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    • v.25 no.4
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    • pp.47-77
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    • 2017
  • This paper critically examines research trends on the relationship between technological innovation and economic growth in Korea. There are different views on the role of innovation in economic growth including Exogenous and Endogenous Growth, National Innovation System, Technological Capabilities, Economic Catch-up discourses and so on. According to these theoretical discourses, existing studies about Korea are reviewed in a critical way and then future research work is proposed through such a critical review and reflection.

An Empirical Study on Technological Innovation Management Factors of SMEs (중소기업의 기술혁신 관리요소에 관한 실증연구)

  • Im, Chae-Hyon;Shin, Jin-Kyo
    • Journal of Technology Innovation
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    • v.20 no.2
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    • pp.75-107
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    • 2012
  • Previous researches on technological innovation have several limitations such as lack of general mechanism for technological innovation(inputs, throughputs and outputs of technological innovation), large company oriented studies, and ignoring importance of technology management capabilities. So, this study suggested a new model using resource-based theory and system theory, and empirically applied that to SMEs. Structural equation model analysis by using 223 SMEs in Daegu region provided a support for most of hypotheses. Research results showed that all of factors on technological innovation were significantly and positively related with each other: inputs(R&D leadership, innovation strategy, R&D investment, R&D human resource management, external network), throughputs(portfolio management, project management, technology commercialization) and output(technological innovation). In case of technological innovation inputs, R&D leadership influenced on innovation strategy positively and significantly. And R&D leadership and innovation strategy had positive and significant effects on R&D investment, R&D human resource management and external network. R&D human resource management and external network exerted positive and significant influences on technological innovation throughputs such as portfolio management and project management. But R&D investment did not significant impacts on technological innovation throughputs. Among technological innovation throughputs, both portfolio management and project management had positive and significant effect on technology commercialization. In addition, technology commercialization acted positively and significantly technological innovation output. This study suggests necessary of efforts to implement innovation strategy and manage R&D human resource effectively based on CEO's innovativeness and entrepreneurship. Also, if SMEs want to develop technology and commercialize it, they have to cooperate with external technology resources and informations. Research results revealed that proper level of R&D investment, internal and external communication, information sharing, and learning and cooperative culture were very important for improvement of technological innovation performance in SMEs. Especially, this research suggested that if SMEs manage technological innovation process effectively based on resource-based and system approaches, then they can overcome their resource limitations and gain high technological innovation performance. Also, useful policy support for technological innovation of central or regional government by this research model is important factor for SMEs' technological innovation performance.

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An Empirical Study on the Relationship between Barriers and Policy Measures in Technological Innovation (기술혁신 장애요인이 지원제도 활용에 미치는 영향에 관한 실증연구)

  • Shin, Hyun-Woo
    • Journal of Technology Innovation
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    • v.17 no.2
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    • pp.81-107
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    • 2009
  • The Korean government provides a variety of supporting programs with firms to promote technological innovation which is a main driver of economic growth. The existing literature on technological innovation has mainly focused on analysis about determinants of successful innovation and effectiveness of a specific policy measure. However, there is no study deals with characteristics of policy demanders. For this, this study investigates the relationship between barriers and policy measures in technological innovation using the logistic regression analysis method with raw data of Korean Innovation Survey (KIS). The findings from this analysis show that barriers of technological innovation are meaningful variables to determining whether firms adopt a policy measure, although there are some differences according to policy types. Cost barriers increased the probability that firms adopt support programs regardless of policy types. Also, the more firms encounter cooperation barriers, the more likely firms utilize supporting programs in regard to technological advice and information.

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