• Journal of Korea Society of Industrial Information Systems
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• v.24 no.6
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• pp.67-79
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• 2019

This research is to examine the factors affect technological innovation, which in turn is likely to related to financial performance in SMVs (Small-Medium Ventures). Empirical analyses showed that overseas market shares, R&D investment, firm size, firm capability, and centralization in decision-making are statistically related to technological innovation measured with patents and intellectual property. Additionally, technological innovation was found to have a positive relationship with financial performances measured with firms' assets and sale revenues. In conclusion, this research assist to devise a strategic plan for motivating technological innovation and realizing its performance in the SMVs.

• Journal of Technology Innovation
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• v.24 no.1
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• pp.1-24
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• 2016

This study examined 142 electronic components, video, audio, and communications equipment manufacturers (KSIC 32) out of all the SMEs that responded to the Survey on Technology of the Small and Medium Enterprises in both 2005 and 2007 and empirically analyzed how the external resources utilization and the absorptive capability affected the management and the innovation performance in two years as well as how the absorptive capability moderated these relationships. According to the results of analysis, the external resources utilization, as measured by the technology collaboration and the governments R&D subsidies, did not have a significant impact on performance whereas R&D investment showed a positive (+) influence on the sales and R&D personnel ratio, negative (-). On the other hand, the moderating effect of absorptive capability varied by measurement method and independent variables. That is, when a technology collaboration takes place, the performance improved with the increase of R&D investment but R&D personnel ration had an opposite effect. The companies whose performance improved as the government R&D subsidies increase are those with low R&D investment or high R&D personnel ratio. These results demonstrate that the SME's external resources utilization cannot replace the internal and that the absorptive capability needs to be accumulated to maximize the effectiveness of external resources utilization. Also, the technology collaboration requires SME's aggressive investment in R&D and the government R&D subsidies turn out to be more helpful for the companies that already have the R&D personnel but have been unable to develop their own technology due to insufficient funds. This study has limitations in that it was conducted within the limited industry categories and samples, but has overcome those of the existing researches by identifying causal relationships through the use of longitudinal data.

• International Area Studies Review
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• v.13 no.3
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• pp.501-525
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• 2009

Recent increase of academic interest in Born Globals has brought abundant researches, which accounts their causes and states, both in and out of the country. However, postulating that types of companies see the different perception of environment of global markets, and this difference will also bring different effects on enterprise capabilities and performance, this study implemented theoretical inquiry and evidential analysis. Technologically innovative SMEs, main subjects of this study, were categorized into Rapid Globals and Gradual Globals according to their internationalization speed, then followed by a CSA. This analysis has shown, regardless of corporate types, early perception of changes in global market environments, affects, in great amount, on marketing and R&D capabilities as well as performance. However, corporate types also showed difference in early perception of changes, marketing and R&D capabilities as well as performance. This evidential analysis provides enterprises pursuing internationalization in early stage with enforcement in their early perception of changes in global market environments.

• 한국벤처창업학회:학술대회논문집
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• 2007.04a
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• pp.35-64
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• 2007

Despite the tremendous efforts to boost them, domestic SMEs lack competitive power and it intensifies bipolarization between the conglomerates and SMEs. Furthermore, degree of industry-academy collaboration still falls far behind of that of developed countries even with government' s various policies and continuous increase in investment to strengthen the SMEs' technology innovation capability. Although many internal factors are suggested to affect technological performance, focus of existing studies has been restricted to immediate impact of industry-academy collaboration on technology innovation and it is not known how internal factors are related. This research conducts empirical analysis on the impact of industry-academy collaborations and absorptive capacity on technological performance in Korean SMEs. Sample frame is SMEs with more than five employees located in the nation wide industrial complex and 1,077 questionnaires are collected with the help of Korea Industrial Complex Corporations. 940 sample data excluding those with insufficient response are used in analysis. Multiple regression analysis revealed that the industry-academy collaborations and innovative HRM system, on important dimension of absorptive capacity, are positively correlated to technological performance. Furthermore, there exists a positive interaction effect between industry-academy collaborations and innovative HRM system. These findings make contributions to the formation of SME innovation policy and management. When funding industry-academy collaborations, government should consider SMEs' internal effort for innovation, that is, the possession of innovative HRM system, as well as firm's technology capability. Also, as technological performance cannot be achieved simply with R&D investment, both quantitative and qualitative assessment of SMEs' technological capability should be done to evaluate the candidate SMEs. As for management, it is important for SMEs with limited internal resources and capabilities to fully employ external resources to achieve higher technological performance. The development of innovative HRM system will be particularly helpful not only for internal R&D, but also for adoption of technology and knowledge from outside.

• Journal of Technology Innovation
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• v.31 no.3
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• pp.201-230
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• 2023

The Innovation Procurement Policy was introduced as part of the strategic public procurement policy to improve firms' innovation capabilities and enhance the public sector's ability to solve social problems by designating and purchasing so-called 'innovative products.' The pilot procurement project for innovative products was first introduced in 2019, and the policy system for designating and discovering innovative products by government departments, as well as the priority purchase system, was established in 2020. Hence, this study conducted a quantitative analysis focusing on the effectiveness of the innovation procurement system in supporting firms after it was fully implemented. For this purpose, corporate financial and employment data from 2017 to 2021 were used, and propensity score matching(PSM) and difference-in-difference(DID) methods were utilized as analytical tools. The study found that the innovation procurement system contributed to corporate growth and employment and created additional public and private sales channels. Moreover, it is necessary to enhance the innovation procurement system, such as matching innovative product-producing companies with existing SME support policies, for companies to become self-sustaining after the innovative product designation ends.

• 한국벤처창업학회:학술대회논문집
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• 2020.11a
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• pp.47-53
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• 2020

빅데이터 기술은 기업의 경쟁력을 높일 수 있는 혁신 기술 중 하나로 급성장하고 있는 가운데 농업 분야 또한 빅데이터를 활용한 경쟁력 제고와 미래 산업으로의 발전이 중요 당면과제로 부상하고 있다. 해외의 경우 농업 빅데이터를 활용한 스타트업이 빠른 속도로 증가하며 성장하는 반면 국내의 경우 생산 분야 일부 농업 벤처 외에는 빅데이터 활용이 미흡한 실정이다. 또한 기업의 빅데이터 활용수준이나 활용의도에 영향을 미치는 요인에 대한 연구가 대기업이나 특정 산업에 국한되어 이루어지고 있으며, 연구마다 영향요인 변수의 검증결과가 상이하게 나타나 산업/기업특성에 따라 연구가 필요하다. 본 연구의 목적은 농업벤처기업에서 새로운 ICT인 빅데이터를 도입하고 사용하는 데 영향을 미치는 요인을 파악하고, 이를 통해 기대하는 편익에 대해 파악함으로써 활용을 촉진할 수 있는 방안을 제시하는 데 있다. 본 연구는 빅데이터가 조직의 프로세스를 변화시키고, 최고경영층의 지원이 필수적이며, 기업이 처한 환경적 압박에 대응할 수 있는 수단으로 보고 기술·조직·환경(TOE: Technology-Organization-Environment) 프레임워크를 기반으로 혁신확산이론(Diffusion of Innovation Theory) 모형을 결합하여 본 연구에 적합한 변수들을 도출한 후 이들 변수간의 인과관계를 설정하여 연구모형을 구성하였다. 이에 따라 TOE모형의 기술적 요인에 관한 변수로는 혁신확산이론 변수인 상대적이점, 호환성, 복잡성을 채택하였고, 조직적 요인에 관한 변수로 최고경영층 지원, 비용부담능력을, 환경적 요인에 관한 변수로는 법적·정책적 지원, 경쟁자 압력을 채택하였다. 이들 3가지 요인에 속한 7가지 변수들과 빅데이터 사용의도와 기대편익 간의 관련성, 그리고 농업벤처 사업분야의 조절효과에 대한 8개의 가설을 설정하였다. 본 연구는 실제 농업벤처기업 종사자 대상 설문을 통한 실증연구를 통해 벤처 현장에서의 빅데이터 활용수준을 높이기 위한 기술적, 조직적, 환경적 관점의 정책 개선방안을 제시하고, 생산/가공/유통 등 사업분야별 비교를 통해 영향요인의 중요도 차이를 규명해 영역별로 차별적이고 효과적인 정책 방향성을 도출하는 데 시사점을 제시하고자 한다.

• Management & Information Systems Review
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• v.37 no.4
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• pp.237-256
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• 2018

This study focused on the concept of organizational learning as a prior variable of innovation activities, and reviewed the relationship between organizational learning, innovation and management performance. According to prior studies, the ability to perform these activities may be enhanced through organizational learning, as the success of the innovation requires activities to acquire and share knowledge within the organization. In other words, organizational learning is playing a role as a precursor to innovation. Therefore, in this study, the effects of organizational learning on management performance are to be verified through the mediation effect of product and innovation activities. Organizational learning provides various definitions and components for each scholar, but this study consisted of a series of knowledge acquisition, information distribution, information analysis and process memory using the framework of the learning ability analysis by Levitt and March(1988) and Huber(1991), Innovation was also divided into product innovation and process innovation, and measured with sub-variables such as presentation of new products and improvement activities to increase productivity. Management performance was measured as financial and non-financial performance. To verify the effects of the mediation, we used a three-step regression analysis procedure of Baron and Kenny(1986)'s and a sobel-test. Empirical studies show that organizational learning has a positive effect on management performance and that knowledge acquisition and information distribution, which are the early stages of learning activities in the lower variables, affect performance through product innovation. Based on the results of the above empirical study, the implications, limitations of the study and future research directions were presented.

• 한국벤처창업학회:학술대회논문집
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• 2007.04a
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• pp.203-226
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• 2007

The purpose of this research is to analyze the impact of business scope and technological innovation capability(TIC) on firm performance in SMEs. Among the 1,077 SME sample data collected with the help of Korean Industrial Complex Corporation, 228 sample data from capital goods sectors had been selected and analyzed. Several mutiple regression models were developed to test the main and the interaction effects of two independent variables business scope and TIC on SME performance. The empirical analysis show that the number of product lines, one of the two scope variable measured, is positively correlated with the return on sales(ROS). Among the variable of TIC, the number of intellectual property rights(IPRs) is positively correlated with the sales growth rates of SMEs, which the ratio of engineers to total employees is positively correlated with the ROS of SMEs. The results also delineated some interaction effects of business scope and TIC on SME performance. There exists a positive interaction effect of the ratio of engineers to total employees and the number of product lines both on ROS and scales growth rate. The interaction of the number of customers and the number of IPRs positively effects on ROS, and also the interaction of the number of product lines and the number of IPRs are positively related with ROS. Findings of this research indicates that it is necessary for SMEs in capital goods sectors to accumulate technological innovation capability and to expand business scope to improve firm performance. Furthermore, the accumulation of internal TIC should accommodate with the expansion of business scope to gain an improved performance. Particularly, adequate technological innovation capability is required to address the need of expanded customers when enlarging the scope of customers.

• 프린팅코리아
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• v.7 no.9
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• pp.56-71
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• 2008

현대를 특징짓는 말 가운데 "자격증"의 시대라고 말하는 경우가 종종 있다. 이는 개인의 능력을 객관적으로 측정하고 전문성을 강조하게 되었음을 의미한다. 그리고 이런 경향은 더욱 확산되어 개인들의 자격증 취득 열풍을 넘어 기업들도 여러 자격증(인증)을 받는 것이 보편화되는 시대가 되었다. 회사들이 취득하고자 하는 인증에는 수십여 개에 달하고 있으나 근래 들어 두각을 드러내는 것으로 이노비즈(기술혁신형 중소기업 인증)와 메인비즈(경영혁신형 중소기업 인증)를 들 수 있으며 인쇄업계도 인증을 받거나 신청하는 기업들이 줄을 잇고 잇다. 이처럼 기업들과 관련된 각종 인증이 크게 늘어남에 따라 취득하고자 하는 인증의 정확한 내용과 의미, 취득 이후에 따르는 지원책 등을 알아보고 자사에 적합한 인증이 무엇인지 등을 검토, 확인하고 신청하는 것이 필요하게 되었다. 근래 들어 중소기업들의 이목을 끌고 있는 이노비즈와 메인비즈를 소개한다.

• Journal of Technology Innovation
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• v.20 no.3
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• pp.181-198
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• 2012

Gyeonggi-Do launched the 'Achievement Royalty System(ARS)' in 2011 to promote the refund of excess profits from those firms to local system. The purpose of this study aims to analyze the effect of new royalty system in the public R&D program. From the analysis, commercially successful firms appear to have maintained the same level of innovation incentives even after introduction of ARS. It can be explained that they have given a priority in taking part in the next R&D projects as well as a benefit of systematic supports in technology commercialization and marketing. It is, therefore, fully expected that the policy makers can make ARS an additional funding source in the period of decreasing S&T budget, and have a better chance to gather evidences of successful policy practices to the firms. However, the institutional improvements are required to develop the ARS, which include the incentives of ARS payment and the lower total royalty expectation through the reduction of fix-payment ratio and the exemption of ARS.