- Volume 8 Issue 12
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A Study on the Effects of Entrepreneurship and Innovation Activities of Venture Enterprises on the Increase Firms' Revenue
벤처기업의 기업가정신과 혁신활동이 기업 매출 신장에 미치는 영향에 관한 연구
- Received : 2017.10.23
- Accepted : 2017.12.20
- Published : 2017.12.28
In order to analyze how the entrepreneurship affects the commercialization performance in relation to R&D input factors, technological innovation and technology in the course of technology commercialization process. Korean manufacturing venture companies has been surveyed. The structural equation model showed technology commercialization mechanism driven by entrepreneurship. Innovativeness is one of the most important factors in the success of venture firms. Technology commercialization was dependent on innovation rather than the input of research and development resources. Technological innovation shows mediating effects in the influence of entrepreneurship on commercialization performance, but technology capability has relatively small effect. Commercialization process of new product development and product improvement was different. The government needs to actively support R&D strategies and commercialization infrastructure in order to promote innovation, assist R&D workforce and enhance product commercialization in venture companies.
Entrepreneurship;Innovation activity;R&D Workforce & Investment;Commercialization performance;New & Existing product development
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