- Volume 10 Issue 12
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A Study on Performance Creation through Open Innovation with Corporate Environments
기업의 환경과 개방형 혁신을 통한 성과 창출에 대한 연구
- Seo, Yong-Mo (Dept. of Business Consulting, Daejeon University) ;
- Hyun, Byung-Hwan (Dept. of Business Consulting, Daejeon University)
- Received : 2019.09.28
- Accepted : 2019.12.20
- Published : 2019.12.28
This study empirically examines the relationship between the characteristics of a company and its performance through open innovation. It was intended to accept open innovation as a strategic means to overcome various situations in which companies faced and to understand it as a process of generating corporate performance. In various situations, companies must overcome environmental and internal factors. As an environmental factor, the dynamics of the market and the dynamics of technology allow for the adoption of open innovation, which in turn becomes a strategic tool for generating results. In addition, the internal environment of the company should strengthen the organization's capacity considering the characteristics of the company. In order to reinforce entrepreneurial orientation, openness of organizational culture, delegation and R & D capabilities, which are internal characteristics of the company, open innovation has a positive effect on the performance of the company. In overcoming the environment given to the company, open innovation was found to be an important medium for generating various results for the company. For this study, we conducted a structured questionnaire survey on 176 Korean companies. This study suggests that open innovation is strategically accepted and understood as a management strategic philosophy in order to overcome the environment in which a company is faced and generate results.
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