• Title/Summary/Keyword: Technological Innovation Performance

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Entrepreneurial Networking of High-tech Ventures in Korea : Relationships with Influencing Factors and Performance (우리나라 벤처기업의 네트워크 활동 특성 : 영향요인 및 성과간의 관계 분석)

  • 박상문;배종태
    • Journal of Technology Innovation
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    • v.6 no.2
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    • pp.101-121
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    • 1998
  • Recent entrepreneurship studies emphasize the importance of entrepreneurial activities of entrepreneurs. This study focuses entrepreneurial behaviors, especially entrepreneurial networking activities of Korean high-tech ventures. Networking activities can utilize external resources which are critical to success, with less resource commitment. This study examines the relationship between characteristics of entrepreneurial networking and performance, and analyses influencing factors of entrepreneurial networking activities. Based on the data from 55 new high-tech ventures in Korea, hypotheses that the characteristics of entrepreneurial networking are related to the performance of new high-tech ventures are tested using regression analysis and t-test. Major findings of this study are as follows: (1) entrepreneurial networking are related to the performance of new high-tech ventures, (2) significant differences are found in the characteristics of entrepreneurial networking between high- and low-performance firms, (3) characteristics of entrepreneurs and firm' technological capabilities are related to the degree of entrepreneurial networking activities. Finally, managerial and policy implications of the study are presented and future research directions are also suggested.

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Accessing Technology from Global Production Networks: The Case of Joint Ventures in Indian Auto Industry

  • Gopalaswamy, Arun Kumar;Sureshbabu, M;Mathew, Saji K
    • Asian Journal of Innovation and Policy
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    • v.4 no.2
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    • pp.178-199
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    • 2015
  • This study provides a background on the growth of Indian automobile industry under different regulatory regimes. It is observed that the international joint ventures have played a key role in the growth of the sector. The study further examines the motives for forming IJVs in the auto component sector and also identifies the criteria for choosing the joint venture partner to mitigate conflicts. These two specific attributes form the core towards transfer of technology, promoting innovation and also act as a catalyst for adopting and choosing appropriate technology. The study brings out the relationship between motives, partner selection criteria and performance of the IJVs. Results indicate that firms gave maximum importance to technological skills, quality control measures and proprietary knowledge in selecting IJV partners. It is also observed that the motives affect the partner selection criteria in terms of skill and resources needed from the partner.

The Study on the Performance and Determinants of Product Innovation in Machinery Industry (기계산업의 제품혁신 성과 및 결정요인에 관한 연구)

  • Bong, Kang Ho;Park, June Young;Park, Jaemin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.9
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    • pp.427-434
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    • 2018
  • As noted by Pavitt (1984) and Malerbar (2002), previous studies have focused on identifying differences in industry characteristics between the machinery industry and other manufacturing industries. This study considered quantitative and qualitative aspects of performance of product innovation in analyzing what factors determine those outcomes. In particular, this study examined stepwise selection processes embedded in innovation activities by applying a hurdle negative binomial model as well as the Heckman two-step selection model. Results show that factors affecting performance improvement and patents differ, and the threshold effect and the intensity effect of innovation were also distinguished. These results imply that the R&D capability should be enhanced and external innovation is required to be effectively embodied in the organization. Furthermore, motivating employees plays a pivotal role in this technology and skill-intensive sector.

A Comparison of Technological Systems for Industrial Robots in Korea and Sweden

  • Sung, Tae-Kyung
    • Journal of Korea Technology Innovation Society
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    • v.7 no.2
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    • pp.223-255
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    • 2004
  • 이 논문은 Carlsson and Stanklewicz(1991)가 창안한 기술시스템(technological systems)의 개념을 한국과 스웨덴의 산업용로봇에 적용하여, 양자를 비교 분석하고자 하였다. 먼저 기술시스템의 개념을 재구축하고, 동태적인 측면에서 시스템의 진화과정을 보강한 다음, 한국과 스웨덴의 산업용로봇에 대한 기존 연구를 활용하여 양 기술시스템의 중요한 특징들을 비교하고 그 성과를 측정하였다. 한국과 스웨덴에 있어서 산업용로봇 기술시스템의 진화과정은 공히 미국, 일본 등 기술선도국을 모방하는 입장에 있었음에도 불구하고 '학습기간'이 20여 년 이상 소요됨을 보여주었다. 뿐만 아니라 양 시스템의 진화과정. 특히 태동기(embryo stage)에 있어서 정부의 역할이 매우 컸던 것으로 분석되었다. 그러나 기술시스템의 구성요소인 산업네트워크, 기술하부구조, 그리고 제도적하부구조 면에서 강약점 및 특징의 차이가 있음을 발견하였다. 기술시스템의 동태적 성과면에서는 한국의 경우가 스웨덴의 경우보다 상대적으로 더 우월한 것으로 평가되었다. 이는 스웨덴 시스템에서는 초기에 우위를 누렸던 기계, 전기, 그리고 메카트로닉스 기술의 우위와 사용자 능력이 점차 약화되어온 반면에 한국의 시스템은 기술하부구조 등이 취약하였지만 해외시스템과의 연계, 재벌 내에서의 기업간 연계, 산학연 협동, 그리고 지역내 연계 등 시스템내의 연계성이 기술적으로 취약한 부분을 보전해 주었기 때문인 것으로 분석되었다. 따라서 어느 한 기술시스템이 자생적으로 생명력을 이어가기 위해서는 시스템 구성요소의 개별적 형성 및 발전보다는 구성요소간 그리고 시스템내의 다양한 활동주체들의 상호작용과 연계성이 중요함을 강조하였다.

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Research on the Correlation Effect of Innovation Activities on Innovators and Customers ${\sim}$ Using the IC Package and Testing Industries as an Example

  • Tien, Shiaw-Wen;Chung, Yi-Chan;Tsai, Chih-Hung;Dong, Chung-Yun
    • International Journal of Quality Innovation
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    • v.8 no.3
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    • pp.81-112
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    • 2007
  • In the competitive global market, firms have to keep profit from innovation activities. A firm makes profits by offering products or services at a lower cost than its competitors or by offering differentiated products at premium prices that more than compensate for the extra cost of differentiation. The IC Package and Testing technology industries were the first high technological industry to build in Taiwan. The Package and Testing industries in Taiwan adopted competitive innovation activities to become stronger. In our study, we want to know how innovation activities influence a firm operating in the IC Package and Testing industries. Our study used a questionnaire and Likert five-point scale to survey the innovation activities, customer and feedback in innovation performance in the IC Package and Testing industry. The wafer level chip size packing technology in our study indicates the innovation activities. Because we need to compare the difference between the wafer level chip size packing technology and wire bonding technology to recognize innovation and how the innovator and customer were influenced. Our conclusions are described below: (1) When the innovator adopts innovation activities that can be maintained using experiments and knowledge, using machine and decision variables more quickly will produce success; (2) Innovators should adopt innovation activities that focus on customers that use knowledge and experimentation, training time and cost. If an innovation forces customers to spend much time and cost to learn new technology or applications, the innovation will not be adopted; (3) Innovators that create innovation performance higher than his customers must also consider the impact upon their customers. We have to remind innovator to focus on why their customers have a different level of evolution in the same innovation activities.

Factors Affecting on the Performance of Overseas R&D

  • Cho, Jung-Eun;Kim, Dong-Hee;Kim, Soo-W.;Oh, Jung-Suk
    • International Journal of Quality Innovation
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    • v.10 no.2
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    • pp.43-56
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    • 2009
  • Many companies are trying to acquire innovative technologies and relevant knowledge by sending R&D work overseas. Although recent research has been focusing on the aspects that motivate MNCs to establish offshore R&D facilities, such as cost reduction and market expansion, little is known about external or circumstantial factors influencing the performance of global R&D activities. Searching for enhancers of offshore R&D facilities, we investigated the relationships between the performance of offshore R&D and the technological capabilities of a parent company, its home country, and its R&D hosting country. Both patent data of ED and the ED R&D scoreboard of 134 overseas R&D labs from 46 MNCs, dating from the period of 2003 to 2005, are used in the analysis. The same time period is applied in calculating the RTA of each country. Regression analysis results support our main hypothesis that the technological capabilities of the parent company and the hosting country positively affect the performance of overseas R&D.

An Empirical Study on Venture & Inno-biz Enterprises' Technological Innovation from Resource-Based View (자원기반관점의 벤처·이노비즈기업 기술혁신성에 대한 실증 연구)

  • Lee, Yong Hoon;Sim, Seong Hag
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.3
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    • pp.85-98
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    • 2018
  • This study aims to investigate the effects of venture & inno-biz companies' technological innovation competences on technological performances and economic competitive advantage, using VRIO framework. The empirical data for this study were based on the technology assessment results of Korea Technology Finance Corporation (KOTEC) on 3,462 venture & inno-biz companies and the following 2 years' financial data. Sample companies with technological innovation resources, such as technology management strategy(Value), differentiation of technology(Rarity), imitation difficulty of technology(Imitability) and technical organization capability(Organization), made efforts to expand their intellectual property rights, technological development and commercialization of new products, thereby ensuring technological competitive advantage. Furthermore, technological competitive advantage were proved to improve sales growth, increase in operating revenue, and financial soundness. Compared with four VRIO factors' influence on business performance, imitation difficulty of technology(Imitability) and organization technological capability(Organization) had much more influence than any other internal resources or capabilities respectively.

The role of firm size in determining corporate strategies for new product programs

  • Kim, Hong-Bumm;Lee, Jinjoo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1990.04a
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    • pp.344-354
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    • 1990
  • Success in new product development is vital to most industrial firms. In recent decades, a firm's new product strategy is incresinglyrecognized as an essential component of the total corporate plan in developing countries. In this research, 81 Korean manufacturing firms are examined to identify the relationships between a firm's product innovation stratege and the performance results with special emphasis on firm size in a developing country. First, a total of 8 strategy dimensions were identified, which constitute the specific elements of firm's innovation strategies. Two independent dimensions of performance were also identified and were found to be closely linked to the strategy adopted. Then, a categorization scheme is developed to distinguish firms according to their size, and proves useful in performance results might be altered for different company size. The findings generally suggest that a well-balanced new product program emphasizing both marketing and technological effort appropriately is needed to make the program successful. The different size of the company is found to call for somewhat different strategy dimensions to enhance the performance results.

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The Effect of Organizational Learning on Management Performance: Mediating Effects of Innovation Activities (조직학습이 경영성과에 미치는 영향 - 혁신활동을 매개로 -)

  • Kang, Hee-Kyung;Choo, Gyo-Wan
    • Management & Information Systems Review
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    • v.37 no.4
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    • pp.237-256
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    • 2018
  • This study focused on the concept of organizational learning as a prior variable of innovation activities, and reviewed the relationship between organizational learning, innovation and management performance. According to prior studies, the ability to perform these activities may be enhanced through organizational learning, as the success of the innovation requires activities to acquire and share knowledge within the organization. In other words, organizational learning is playing a role as a precursor to innovation. Therefore, in this study, the effects of organizational learning on management performance are to be verified through the mediation effect of product and innovation activities. Organizational learning provides various definitions and components for each scholar, but this study consisted of a series of knowledge acquisition, information distribution, information analysis and process memory using the framework of the learning ability analysis by Levitt and March(1988) and Huber(1991), Innovation was also divided into product innovation and process innovation, and measured with sub-variables such as presentation of new products and improvement activities to increase productivity. Management performance was measured as financial and non-financial performance. To verify the effects of the mediation, we used a three-step regression analysis procedure of Baron and Kenny(1986)'s and a sobel-test. Empirical studies show that organizational learning has a positive effect on management performance and that knowledge acquisition and information distribution, which are the early stages of learning activities in the lower variables, affect performance through product innovation. Based on the results of the above empirical study, the implications, limitations of the study and future research directions were presented.

A Study on the Performance Evaluation of Research and Development (연구개발의 실적평가에 관한 연구)

  • 김성희;하정진
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.39
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    • pp.163-170
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    • 1996
  • Several formerly independent trends including the increasing rate of technological change, the demand for greater efficiency and productivity in R&D and innovation. The purpose of this study is describe performance evaluation of research and development. Performance evaluation level of R&D have three levels: individual level, research group level, laboratory level. There are development evaluation factors and evaluation routin in each levels.

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