A Research on Improving the Evaluation Model for Management Innovative Enterprises

서비스 경영 혁신 기업 평가 모형의 개선 방안 연구

A better selection model on management innovative enterprises is needed since the Korean government provides multi benefits to those selected enterprises. However, the selection model's propriety is suspicious because of the shortage of consideration of assessment items. In particular, the most important two assessment items, strategy and performance are suspected of multicollinearity because of high correlation scores. No consideration on multicollinearity among those items leads to erroneous selection which doubly counts the same components with different item names. The principle component analysis is applied to factor out the uncorrelated items. Using the resulted principle components, the new estimations are carried out. The comparison between estimated results from using principle components and non principle components shows that the present selection model overly considers the performance items compared to the real effect of items, which is a result of multicollinearity between performance and strategy.