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The Effect of External Knowledge Search on Innovation Speed: Focusing on the Moderation Effect of Export Performance

외부지식탐색이 혁신속도에 미치는 영향: 수출성과의 조절효과를 중심으로

  • Roh, Taewoo (Department of International Trade and Commerce, Soonchunhyang University)
  • 노태우 (순천향대학교 국제통상학과)
  • Received : 2017.10.11
  • Accepted : 2018.02.20
  • Published : 2018.02.28

Abstract

This study suggests external knowledge search as a way of creating knowledge and efforts for reaching out to the innovation and examines the relationship between innovation speed and the breadth and depth of external knowledge search. As a part of efforts to overcome the limitations of the routines of external knowledge search in the domestic market, the efforts of a firm to enter the foreign market have been examined with a moderate effect. Although previous research focused on exploration of external knowledge that is mostly effected in single country or similar industry, this study expands it by introducing the concept of market expansion and empirically inspect the interaction effect. 818 valid samples used in this study are based on the innovation survey published by STEPI and empirical results are as follows. First, the breadth and depth of external knowledge search have a positive impact on innovation speed. Second, export performance as the effect of expanding the market has a moderating effect on the speed of innovation. Third, younger companies prefer various networks while older companies prefer depth networks in order to increase the speed.

Keywords

External Knowledge Search for Depth;External Knowledge Search for Breadth;Export;Innovation Speed;Firm Age Effect

Acknowledgement

Supported by : Soonchunhyang University

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