The Effects of Open Innovation on Innovation Productivity: Focusing on External Knowledge Search

기업의 개방형 혁신이 혁신 생산성에 미치는 영향: 외부 지식 탐색활동을 중심으로

  • 이종선 (한국과학기술원 경영대학) ;
  • 박지훈 (한국과학기술원 경영대학) ;
  • 배종태 (한국과학기술원 경영대학)
  • Received : 2016.02.16
  • Accepted : 2016.03.30
  • Published : 2016.03.31

Abstract

Extant research on firm innovation productivity is limited in measuring the innovation productivity, in which they measured firm innovation productivity by using either inputs or outputs of innovation. The present study complemented the extant research by employing Data Envelopment Analysis (DEA) approach to measure firm innovation productivity. Furthermore, this paper examined the effects of firms' external knowledge search, as one of open innovation practices, on firm innovation productivity, for open innovation activities are regarded as an influencing factor on firm innovation productivity in the previous literatures. Using the data of the Korean Innovation Survey (KIS) of manufacturing industries conducted in 2008, this study developed hypotheses in which we considered not only two dimensions of external knowledge search (breadth and depth) but also two subtypes of external knowledge search (market-driven and science-driven). The results found that searching deeply and market-driven search are positively related to firm innovation productivity, but science-driven search is somewhat negatively related to firm innovation productivity. Furthermore, market-driven search can mitigate the negative effect of science-driven search on innovation productivity.

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