• Title/Summary/Keyword: determinants of innovation

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An Empirical Study on the Business Performance Determination of Global Supply Chain Management in Petrochemical Industry (한국 석유화학산업의 글로벌 공급체인관리 사업성과 결정요인에 관한 연구)

  • Kim, Chang-Bong
    • International Area Studies Review
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    • v.14 no.1
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    • pp.141-160
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    • 2010
  • The paper examines the determinants factor and business performance of global supply chain management. Partnership and process innovation were used as proxy for the characteristics of determinants factor of global supply chain management. Agility of business performance was used as proxy for the business performance of global supply chain management. Based on the analysis of sixty eight global supply chain management cases in Oil and Chemical Industry, the following results were found. Firstly, it was found that the process partnership of determinants factor affects agility of improved business performance. Secondly, process innovation of determinants factor was not improved more agility of improved business performance. However, there were several limitations such as characteristics of process innovation and partnership, etc.

Study of the Determinants of R&D Cooperation : Empirical Evidence from Korean Manufacturing SMEs (기술협력 유형 결정요인에 관한 실증연구: 중소제조기업을 중심으로)

  • Kim, Hyung-Soo;Yang, Dong-Woo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.11
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    • pp.6587-6598
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    • 2014
  • This study tested the hypothesis from the previous research issues and empirically investigated the determinants of cooperative strategy for technological innovation, using the multinomial logit model. The meaningful conclusions from this study are as follows. First, the characteristics of the company and product are not the significant determinants for cooperative strategy for technological innovation. Second, formal R&D organization characteristics are significant factors in determining the type of cooperative strategy for technological innovation. Third, the support of government is a significant determinant and if a company receives more government support, it is likely to accept public type cooperation. Fourth, the characteristics of industry are significant determinants and if a company belongs to a higher technology industry, it is likely to accept vertical type cooperation with private enterprises. This study analyzed the hypotheses raised in a variety of studies empirically. This paper presents the basis of various studies concerning technological cooperation strategies.

An Empirical Study on the Critical Factor Affecting Business Performance thru GSCM of Korean corporations -Focusing on Electric & Electronic Industry- (한국 기업의 GSCM이 사업성과에 미치는 영향에 관한 실증연구 -전기·전자 산업을 중심으로-)

  • Kim, Chang Bong
    • International Area Studies Review
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    • v.13 no.2
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    • pp.371-392
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    • 2009
  • The paper examines the determinants factor and business performance of global supply chain management. Precess innovation, information capability and partnership were used as proxy for the characteristics of determinants factor of global supply chain management. Agility of business performance was used as proxy for the business performance of global supply chain management. Overseas expansion were used as proxy for the intermediate factor. Based on the analysis of seventy two global supply chain management cases, the following results are found. Firstly, it was found that the process innovation, information capability and partnership of determinants factor affects agility of improved business performance. Secondly, process innovation, information capability and partnership of determinants factor improved more agility as overseas expansion. However, there are several limitations such as characteristics of process innovation, information capability and partnership, etc.

Empirical Study on the Determinants of Improving Open Innovation Performance : Based on New Product Development Collaboration with Suppliers (개방형 혁신 성과향상의 선행요인에 관한 실증적 연구 : 공급사와의 신제품개발협력을 중심으로)

  • Lee, Younsuk;Kang, Dong-Chang
    • Journal of Korea Technology Innovation Society
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    • v.21 no.3
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    • pp.1050-1076
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    • 2018
  • In this study, we focus on identifying the determinants of improving technology collaboration performance between buyer and supplier and the impact of the determinants on new product development performance. We adopted trust, control and information sharing as the determinants of technology collaboration and the frequency of new product introduction and ratio of new product on revenue as dependent variables. We conducted hierarchical regression and mediation analysis using the data collected from 600 Korean manufacturing firms by Korean Productivity Association and Ministry of Trade and Industry in 2012. The empirical findings indicate that trust, control and information sharing are positively associated with technology collaboration performance and the degree of technology collaboration is also positively associated with both new product development performance. In addition, new product development performance is not only affected by technology collaboration but also mediated by trust. This result implies that developing social capital, trust with partner play a important role in leading to better performance by open innovation.

Long-term Growth Patterns and Determinants of High-growth Startups - Focusing on Korean Gazelle Companies during 2006-2020

  • Ko, Chang-Ryong;Lee, Jong Yun;Seol, Sung-Soo
    • Asian Journal of Innovation and Policy
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    • v.10 no.3
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    • pp.330-354
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    • 2021
  • To know the long-term growth patterns and determinants of successful startups, 15-year (2006-2020) panel data of 252 companies that had a growth rate of over 20% every year in the last three years were used. In the first analysis, statistics on the period required to designate a gazelle company or listed on the stock market were examined. In addition, five long-term growth patterns were presented. In the panel analysis, the R&D intensity, operating profit ratio, size, and age of the company were pointed out as determinants of growth. The operating profit margin and R&D intensity have a positive effect on growth. Gibrat's law was not supported, but an inverted U-shape was observed. Jovanovic's law was confirmed. Although many studies tend not to point to profitability as a determinant of long-term growth, this is an important long-term growth factor of a company. The operating profit ratio was used in this study.

Determinants of Research Productivity: A Korean Case

  • Kim, Ki-Hyoung
    • Asian Journal of Innovation and Policy
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    • v.3 no.2
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    • pp.193-215
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    • 2014
  • This study analyzes the factors on the determinants of research productivity. In addition, this study uncovers the relationships between research productivity and various explanatory variables, and between explanatory variables. As for research productivity, 3 indices were used such as the number of papers, patents, and a combination of them. The data is the 3-year average from 2010-2012 by 1,383 researchers from 6 disciplines such as physics, chemistry, biology, mechanical engineering, electricity and electronics, and chemical engineering, reported to the National Research Foundation of Korea. Personal factors such as sex, age, academic rank and location of affiliation show the group difference for productivity. In addition, most resource factors such as the number of graduate students and research funds showed the same result with personal factors. As for the determinants, master and doctoral students and government funds are the most powerful factors for research productivity, but industry funds for patent and overall productivity.

Relations between ICT and Productivity: An Empirical Analysis on SMEs in Korea (정보통신(ICT)과 생산성의 관계 연구: 우리나라 중소기업에 대한 실증분석)

  • Jeong, Woo-Soo;Kim, Seung-Keon
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.40 no.11
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    • pp.2238-2249
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    • 2015
  • The purpose of this study is to analyze the relations of innovation and productivity following the introduction of ICT and the effects in the process of innovative investments activity-innovation-productivity, not only by finding causes and effects. For this purpose we conducted surveys of SMEs classified into 7 categories by type of business. To put it concretely, this study was performed to find out the foactors which allow companies to secure competitiveness by enhancing of innovative measures through ICT, and to further analyze the political implications for the development of small and medium-size business by conducting an empirical analysis of the process, from the determination of innovative investments all the way through to production. Analysis model used CDM model using econometric methods such as multiple regression analysis and multinominal logit analysis to produce results. Also we established and analyzed models of innovation investment determinants, innovation determinants and productivity determinants to analyze specifically the relations between ICT and productivity.

The Survey Analysis of Determinants of Railroad Export (철도시스템 해외진출 결정 요인 분석)

  • Lee Soon-Cheul;Bhang Youn Keun;Han Eun Young
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.488-493
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    • 2004
  • This study discusses what determinants are important to enter the worldwide railroad market. Survey analysis is used to decide the determinants of export in the international railroad markets. The Study finds that with price factors, non-price factors such as technological innovation and technological transference are important, too. For manufacturing, market experience and know - how, financing and supports in the government level in the areas of strategical alliance and regulation are essential. For non-tariff factors, technical risk and characteristics of markets are considered.

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Empirical Analysis of Accelerator Investment Determinants Based on Business Model Innovation Framework (비즈니스 모델 혁신 프레임워크 기반의 액셀러레이터 투자결정요인 실증 분석)

  • Jung, Mun-Su;Kim, Eun-Hee
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.1
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    • pp.253-270
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    • 2023
  • Research on investment determinants of accelerators, which are attracting attention by greatly improving the survival rate of startups by providing professional incubation and investment to startups at the same time, is gradually expanding. However, previous studies do not have a theoretical basis in developing investment determinants in the early stages, and they use factors of angel investors or venture capital, which are similar investors, and are still in the stage of analyzing importance and priority through empirical research. Therefore, this study verified for the first time in Korea the discrimination and effectiveness of investment determinants using accelerator investment determinants developed based on the business model innovation framework in previous studies. To this end, we first set the criteria for success and failure of startup investment based on scale-up theory and conducted a survey of 22 investment experts from 14 accelerators in Korea, and secured valid data on a total of 97 startups, including 52 successful scale-up startups and 45 failed scale-up startups, were obtained and an independent sample t-test was conducted to verify the mean difference between these two groups by accelerator investment determinants. As a result of the analysis, it was confirmed that the investment determinants of accelerators based on business model innovation framework have considerable discrimination in finding successful startups and making investment decisions. In addition, as a result of analyzing manufacturing-related startups and service-related startups considering the characteristics of innovation by industry, manufacturing-related startups differed in business model, strategy, and dynamic capability factors, while service-related startups differed in dynamic capabilities. This study has great academic implications in that it verified the practical effectiveness of accelerator investment determinants derived based on business model innovation framework for the first time in Korea, and it has high practical value in that it can make effective investments by providing theoretical grounds and detailed information for investment decisions.

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