• Title/Summary/Keyword: technological innovation performance

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Technological Readiness and Innovation as Drivers for Logistics 4.0

  • MOLDABEKOVA, Aisulu;PHILIPP, Robert;SATYBALDIN, Azimkhan A.;PRAUSE, Gunnar
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.145-156
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    • 2021
  • The research purpose of this paper is to empirically examine the effects of technological readiness and innovation on logistics performance. To build up and maintain an important role in global supply chains, nowadays it is obvious that countries and logistics providers need to achieve competitive advantage in terms of digitalization. However, there is a lack of empirical studies about the impacts of information technologies and innovation potential on the logistics efficiency of countries. Hence, the study analyzes whether the corresponding pillars of the Global Competitiveness Index (GCI) matter for the Logistics Performance Index (LPI) and its dimensions. For determining the effects, the pooled regression approach is applied. The results show that technological readiness and innovation are positively and statistically significantly correlated with logistics performance: competence and quality of logistics services, efficiency of customs clearance processes, ability to track and trace consignments, frequency with which shipments reach consignee within scheduled or expected time, and ease of arranging competitively priced shipments. The findings of this study suggest that investments in innovations and technology progress improve countries' logistics efficiency, which is an important prerequisite for enabling Logistics 4.0 and thus, Industry 4.0 and the digital transformation of the economy and society.

An Empirical Study at Firm Level on New Technological Trade Theory (신기술무역이론의 미시적 실증연구)

  • 김선홍
    • Journal of Korea Technology Innovation Society
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    • v.1 no.2
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    • pp.192-207
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    • 1998
  • This paper focuses on the relationship between innovation and export performance of technology-based firms in Korea. This study analyses the relationship between innovative activity and firm's performances using a sample of 760 technology-based firms in Korea. As for the firm's performance indicators, export is employed. The empirical results support that innovation has a positive effect on firm's export performance. However, for small and medium firms, the relationship between innovative activity and export performance is an U-shape quadratic form, which shows that small firms takes a minimum innovative expenditure in order to access the abroad market. Also, with product differentiation, innovative firms tends to devot more to domestic market than to abroad market. Therefore, it can be concluded that innovative activity builds market power and accelerates export performance. And product differentiation through advertising expenditure make innovative firms less exporting.

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Industrial Cluster System, and Entrepreneurship, RandD Capability and Technological Innovation of SMEs (산업클러스터의 체계성과 중소기업의 기업가정신, R&D역량 및 기술혁신)

  • Shin, Jin-Kyo;Im, Chae-Hyon
    • Management & Information Systems Review
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    • v.33 no.2
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    • pp.171-188
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    • 2014
  • Previous researches on technological innovation of SMEs have several limitations such as lack of study for industrial cluster system and entrepreneurship in SMEs, and ignoring role of RandD capability. So, this study suggested empirically a new model to SMEs. Major results are as follows. Firstly, system of industry and production had a significant and positive effect on entrepreneurship. Secondly, entrepreneurship had a significant and positive effect on technological innovation. Thirdly, system of science and technology had positive and significant effects on RandD capability and technological innovation. Fourthly, RandD capability had a positive and significant effect on technological innovation. Fifthly, business support system was not significantly related to entrepreneurship, RandD capability and technological innovation. Research results revealed that industrial cluster system(system of industry and production, system of science and technology), entrepreneurship and RandD capability were important for improvement of technological innovation performance in SMEs.

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An Empirical Study on the Impact of Business Performance in Factors of Product Development (제품개발요인이 경영성과에 미치는 영향에 관한 실증연구)

  • Lee, Kwang-Soo;Ree, Sang-Bok
    • IE interfaces
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    • v.24 no.3
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    • pp.196-209
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    • 2011
  • In This Study, New Product Development Activities, Innovation Activities, Technical Cooperation Activities may have an Impact on Competitive Advantage, Development Performance and Business Performance. The aim of Empirical Analyze is to identify the Structural Causal Relationship among the Activities and Performance Factors. We get the Results as Follows : New Product Development Activities have a Positive Impact on Competitive Advantage as well as the Development Performance. Technological Innovation Activities have a Positive Impact on Competitive Advantage, and do not have enough Impact on the Development Performance. Technical Cooperation Activities have a Positive Impact on the Development Performance, and do not have enough Impact on the Competitive Advantage, Competitive Advantage has a Positive Impact on the Development Performance as well as the Business Performance. Development Performance has a Positive Impact on the Business Performance.

Impact of Core Competencies of Technological Innovation Startups on Financial Performance through Innovation Activities (기술혁신 스타트업의 핵심역량이 혁신성을 매개로 재무적성과에 미치는 영향)

  • Sang-jin Lee;Tae-hee Kim;Sung-o Kim
    • Journal of Practical Engineering Education
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    • v.16 no.4
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    • pp.433-447
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    • 2024
  • This study analyzes the impact of core competencies of technology innovation startups-namely technological development capability, organizational management capability, and digital transformation capability-on financial performance through the mediation of innovativeness. Previous research has focused on the non-financial performance of startups, with a lack of studies examining financial performance, which is a crucial indicator of actual business success. Therefore, an online survey was conducted targeting domestic technology innovation startups, and data from 213 responses were used for the final analysis. The results of the structural equation modeling indicated that technological development capability, organizational management capability, and digital transformation capability positively influence innovativeness. Additionally, higher levels of innovativeness were associated with improved financial performance, and innovativeness was found to play a significant mediating role between core competencies and financial performance. These findings suggest which competencies technology innovation startups should focus on to achieve financial goals.

The Impact of Entrepreneurship on Corporate Performance: Focusing on the Effects of Technological Innovation and Marketing Competence (기업가정신과 기업성과간 관계에서 기술혁신성과 마케팅역량의 영향)

  • Jeon, In-oh
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.3
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    • pp.87-105
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    • 2017
  • This study investigates the effect of entrepreneurship on corporate performance highlighting the mediating role of technological innovation and the moderating role of marketing competence. By identifying the role of technological innovation and marketing competence within the relationship between the entrepreneurship and corporate's business performance, this study aims to improve SMBs' competence. Special attention was given to the fact that while there are some technology-based SMBs which have achieved positive outcomes through innovation, there are some other firms which have not been able to deliver expected outcomes despite of their technological competence. The data used in this study came from CEO or chief research executives of SMBs. Results of the data analysis show that the innovative sprit which is an important factor of entrepreneurship has an positive effect on technological performance, financial performance and non-financial performance. However, risk- taking tendency has an positive effect on technological performance but negative effects on financial and non- financial performance of the firms. This study also has examined the mediating effect of technological innovation on the relationship between entrepreneurship and corporate's performance and the result reveals that technological innovation plays a mediating role within the relationship. Specially, innovative spirit plays a full mediating role within the relationship between technological commercialization capacity and financial and non-financial performances of SMEs'. Also, risk taking tendency has a full mediating effect on the positive relationship between strategic planning capability and both financial and non-financial performance. Regarding the moderating role of marketing capability within the relationship between the entrepreneurship and the performance of the firms, results of data analysis shows as follows. Marketing professional capability plays a moderating role between risk taking tendency and performance of the firm and marketing structural capability plays a moderating role between innovative spirit and the performance of the firms. Based on these results, this study confirms that SMEs' business performance is effected by entrepreneurship. Innovative spirit plays a mediating role within the relationship entrepreneurship and business performance. However, Marketing capability has a partial moderating effect on the relationship between the entrepreneurship and the business performance.

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A Study on the Moderating Effect of Absorptive Capacity of Venture Firms on Technological Innovation Performance (벤처기업의 흡수능력이 기술혁신성과에 미치는 조절효과 연구)

  • Choi, Jong-Yeol
    • Journal of Digital Convergence
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    • v.16 no.1
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    • pp.125-134
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    • 2018
  • This study focused on the study of the moderating effects of absorptive capacity(AC) of venture firms on the technological innovation performance(TIP). For this purpose, this study analyzed the relationship between entrepreneurship(ENT), innovation competence(INC), external cooperation(EXO) and AC affecting the performance of technological innovation activities in venture companies in the area of Busan. As a result of analysis, the AC showed a role of moderating processes, in which ENT have affected the INC, and ENT, INC, and EXO have affected the TIP. Secondly, several relationships which have positively influenced or mediated, have been presented. ENT has positively influenced INC, EXO, & TIC. INC have done so EXC & TIP. EXC have done so TIP. Each of INC and EXC has been positively mediating the relationship between ENT & TIP.

Technological Performance Analyses of SMEs Based on Type of Government R&D Support (정부 R&D지원 유형에 따른 중소기업 기술적 성과 분석)

  • Lee, Hoo-Sung;Lee, Jung-Soo;Park, Jaemin
    • Journal of Korea Technology Innovation Society
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    • v.18 no.1
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    • pp.73-97
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    • 2015
  • Various types of government R&D support are available for activating businesses by small and medium sized enterprises (SMEs). However, most existing studies on this topic are focused only on the financial aspect. Interest in non-financial R&D support from the government has recently grown due to the limited provision of government financial support. In this study, government R&D support for SMEs was categorized into financial and non-financial strategies. Performance in terms of technological innovation by type was also analyzed. Furthermore, as R&D performance could vary according to the characteristics of the firms, the study classified performance variables into technological development possibility, technology intensity and technology uniqueness. The relationship between the types of support and the characteristics of the performance was also examined. Based on the results, it was found that government R&D support positively influences the SMEs' technological performance. However, the level of financial support does not significantly influence the technological uniqueness. As such, it is expected that effects from the increase in quantity of government R&D support are limited.

An Empirical Study on Adoption of Open Technological Innovation for SMEs based on Information and Technology (국내 IT중소기업의 개방형 기술혁신 수용에 관한 실증연구)

  • Joung, Seok-In
    • Journal of Information Technology Applications and Management
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    • v.20 no.4
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    • pp.47-66
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    • 2013
  • Recently, with the diffusion of a new paradigm named as the creative economy, the government's interests and efforts regarding support of SMEs' R&D have been concentrated. In particular, due to the dominant perception that the fundamental science and original technology from government-funded research institutes can further enhance the capabilities of SMEs' R&D, the importance of performance's diffusion on national R&D is further emphasized. In fact, the domestic SMEs don't have enough budget and workforce, so that all of self-contained technologies, product's competitiveness as well as the R&D capabilities, are very vulnerable, and thereby SMEs' commercialization is very likely to fail. For this end, SMEs need to adopt the concept of open innovation as the use of external R&D resources by licensing. In this study, we conducted a survey on a total of 286 domestic IT SMEs, and analyzed empirically to compare the degree of their acceptance on technological innovation between two groups divided by open/not-open innovation. As a result, we drew some of the key factors influencing the acceptance of the SMEs' open technological innovation, and found a variety of implications through them.

Relationship Analysis among Entrepreneurship, Innovation Capability, External Cooperation, and Technological Innovation Performance for Venture Companies (기업가정신, 혁신역량 및 외부협력이 벤처기업의 기술혁신 성과에 미치는 영향)

  • Choi, Jong Yeol
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.10 no.5
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    • pp.219-231
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    • 2015
  • Open innovation is known to have a significant impact on the performance of enterprise innovation. The role of open innovation is more critical due to small scale and limitation on the available resources for the venture company. This study focused on the relationship among Entrepreneurship(ENT), Innovation Capability(IC), and External Cooperation(EC), which affect Technological Innovation Performance(TIP) to maximize TIP. Empirical study was proceeded to analyze the relationships among ENT, IC, EC, and TIP for venture companies in Busan. ENT was verified to have a positive impact on IC, EC, and TIP. IC was done on EC and TIP. EC was done on TIP. Each of IC and EC showed positive mediating role in the relationship between ENT and TIP. Finally, IC and EC together performed positive mediating role in the relationship between ENT and TIC.

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