• Journal of the Korean Regional Science Association
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• v.31 no.1
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• pp.43-63
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• 2015

This study empirically analyzes the relationship between market structure and R&D activities. Especially, the outcome of R&D activities could be imitated or plagiarized by nearby competitors before it is protected legally through patenting, it would work as a club good and its market structure need to be defined at the geographic level of city, county or ward rather than the whole nation. According to the regression results of this study using Survey on Technology Statistics of Small- and Medium-Sized Firms, individual firms' R&D investment is more active when market structure of area(city, county, or ward)-industry(two-digit industry) is monopolistic or oligopolistic rather than competitive. However, as the variable representing market structure is redefined over a geographic scope of 16 metropolitan areas or provinces, 6 regions, or the whole nation, the relationship between market structure and R&D activities seems to become weak. Moreover, when the R&D expenditure is divided by its source, more active R&D spending in a less competitive market is observed as long as it is procured by internal fund of the firm in question.

• Korean small business review
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• v.43 no.1
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• pp.85-105
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• 2021

This study verified how R&D investment affects the management performance of SMEs, whether technology innovation mediates this relationship, and whether marketing competency moderates the relationship between technology innovation and management performance. A longitudinal analysis was conducted using data from the corporate panel survey performed by Daegu Technopark every year since 2013. Data from 349 companies in the Daegu-Gyeongbuk region were mainly used, and the size of 30 to 50 employees in the manufacturing industry was a major analysis target company. The results are as below. First, The results showed that R&D investment had a positive effect on management as well as technology innovation, but technology innovation did not affect management performance. Also, technological innovation did not mediate the relationship between R&D investment and management performance. This shows that in the case of small SMEs, even if technological innovation occurs through R&D investment, the technological innovation does not lead to management performance. Also, the relationship between technological innovation and management performance was not changed by marketing capabilities. This shows that technological innovation in small SMEs is not easy to lead to business performance.

• Management & Information Systems Review
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• v.28 no.4
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• pp.109-129
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• 2009

This study aims at investigating the effectiveness of SME's R&D system empirically. Specifically, this study analyze the relationships among R&D inputs(R&D investment, R&D human resource management), process(R&D planning, external network, internal cooperation), and output(technological innovation). A questionnaire was developed to measure the above variables. To test these relations, data were collected from the small and medium-sized IT firms located in Daegu-Kyungbuk region. The survey data of 154 firms were integrated as the empirical base for testing the relations. Most respondents were from the managers. Structural equation modeling analyses were used to examine the relations. Major results are as follows: Firstly, R&D HRM was positively and significantly influenced on the R&D planning. Secondly, R&D planning was positively and significantly affected on the external network, internal cooperation, and technological innovation. Thirdly, the both relations between R&D investment and R&D planning, and external network and technological innovation were not significant statistically. These results suggest the following implications. First, R&D human resource management is very important for IT SMEs. Secondly, internal cooperation mediates R&D inputs and technological innovation by approaching the other department's unique resources and by sharing the cost of new resource development. Several future researches need to overcome the limitations of this research. First, this study's sample was based on the small and medium-sized IT firms just located in Daegu-Kyungbuk region. This limitation may imply that empirical results can not represent overall small and medium-sized firm's situations. Therefore, future research needs to include different samples. Secondly, this study depends on the latitudinal study.

• Journal of Korea Technology Innovation Society
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• v.21 no.2
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• pp.663-683
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• 2018

This study aims to analyze the effectiveness of R&D tax credit for SMEs. We surveyed to collect the information on firm's financial statements and R&D tax credit during 2014-2016, and implemented fixed effect model, random effect model and panel negative binomial model. The results show that the effect of R&D tax credit is 5.3 times larger in terms of R&D expenditure and 4.3 times bigger in terms of number of researchers than that of R&D subsidy. In addition, the effect of tax credit on non-metropolitan area companies is higher than that in the metropolitan area. Based on these results, we suggests three ways to improve the R&D tax incentive system for SMEs; To convert unused R&D tax credit of the start-ups to tax points, to exempt the minimum tax rate on R&D expenditure in equipment, and to unify the operation of various R&D tax credit institution.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2017.05a
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• pp.573-603
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• 2017

한국정부는 지역산업정책의 추진이 시작되는 1999년부터 연평균 약4,970억원을 지역산업육성을 위해 지속적으로 투자하였다. 본 연구는 이러한 지속적인 지역산업 육성정책이 실질적으로 기업의 기술혁신역량강화에 기여했는지 알아보기 보기 위하여, 대전테크노파크에서 2016년 조사한 '대전지역 혁신자원 조사' 자료를 이용하여 대전테크노파크가 기업의 기술혁신역량에 미치는 효과를 알아보고자 한다. 본 연구는 우선 테크노파크와 기술혁신에 대한 선행연구를 통해 기업의 혁신역량 측정 및 이에 영향을 미치는 변수들을 분석하였다. 기업의 기술혁신정량지표인 특허의 결정요인과 슘페터가설 모형에 기초하여 기업의 기술혁신을 측정하는 종속변수로 특허수를 선택하여 이에 영향을 미치는 기업변수(매출액, 매출액제곱, 수출액, 영업이익)와 R&D변수(R&D인력, R&D자금), 그리고 대전테크노파크의 지원여부와 벤처기업지정여부를 설명변수로 선정하여 실증분석을 실시하였다. 실증분석 결과는 대전테크노파크 지원이 기업의 특허에 긍정적으로 영향을 주는 것으로 나타났다. 본 연구는 지역산업육성정책이 지역 기업의 기술혁신을 촉진시키고 있기 때문에 지역산업육성정책을 더 적극적으로 추진할 필요성에 대한 정책적 시사점을 제공하고 있다.

• Journal of the Korean Regional Science Association
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• v.32 no.4
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• pp.3-18
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• 2016

National research and development(R&D) project plays an important role in the economic growth of a country as well as a company. This article aim to examine the development of the performance evaluation framework for assessing the contribution of national research and development(R&D) program to productivity growth. The main idea of this paper begins with the employment of between-group analysis for evaluating the returns to R&D. The method of this study is based on the comparison of productivity growth between different groups with time series data, not cross-sectional approach with one period. In these regards, backward effect and forward effect are operationally defined as a measurement for contributions of R&D in this study. The results of analysis gives that the outcomes of between-group analysis shows the lower performance of R&D compared to the within-group analysis. while the difference was not especially evident with the case of operating profit variable, but sales variable.

• Journal of the Korea Convergence Society
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• v.10 no.9
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• pp.209-219
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• 2019

This study analyzed the impacts and factors of the government's local industry upbringing policy on business growth. We analyzed the effect of product innovation and technological innovation on business competence, external cooperation level, R&D investment, and corporate growth using PLS(Partial Least Squares) structural equation. The results show that management competence and external cooperation level have a significant effect on firm growth and that there is a moderating effect between beneficiaries and non-beneficiaries. Management competence affects product innovation. Product innovation was analyzed to have mediating effects on firm growth. Finally, the policy direction of increasing managerial capacity is presented, and the limitations and future research directions are suggested.

• Journal of the Economic Geographical Society of Korea
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• v.13 no.3
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• pp.470-486
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• 2010

In this paper, we investigate the recent trend of regional entrepreneurship of 16 cities and provinces in Korea after 2000. In addition we analyze the impact of determinants on regional entrepreneurship. The recent overall trend of entrepreneurship shows a quite drastic decline in 2008. Specially, it is observed that larger cities show more drastic shrinks in entrepreneurship comparing to previous years. We also confirm four major determinants such as R&D, protecting ownership, industrial diversity, and the size of local government that are statistically significant. We suggest some empirical evidence for that entrepreneurship is positively related with enhancing R&D activities and ownership right through patent. It is also found that the faster growth of local government expenditure than the growth of GRDP deters entrepreneurship manifestation. However, we have a significant yet mixed sign on the coefficient of the industrial diversity. Even if the industrial diversity seems to have no statistically significant impact on regional entrepreneurship, we provide some empirical evidence that it fosters the activities of privately owned small businesses while the industrial concentration does those of corporate firms.

• Management & Information Systems Review
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• v.30 no.2
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• pp.211-235
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• 2011

We examined the relationship between innovation capability of R&D and the firm's performance by mainly comparing regional strategy industry with non-regional strategy industry. Also, this analysis involved comparing the relationship by regional strategy industry. For the purpose of this study, we divided innovation capability of R&D into input, process and output. The first of main results in this study was that regional strategic industry was significantly higher than non-regional strategy industry in innovation capability of R&D with the exception of the CEO's mind for technological innovations. However, we found no significant difference in the firm's performance. Second, in the results of comparing innovation capability of R&D and the firm's performance by regional strategy industry, electronic-information equipment industry was significantly superior to other industries. Third, it was found that the relationship between innovation capability of R&D and the firm's performance was different by regional strategy industry. Also, R&D manpower and R&D process were more significant factors affecting the firm's performance rather than R&D input and output.

• Journal of the Korean association of regional geographers
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• v.14 no.5
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• pp.492-506
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• 2008

This paper aims to explore the characteristics of regional network of Korean firms in Dalian City, China, which is focused on social, cultural and institutional characteristics. To achieve this goal, the paper attempts to analyze the supply of raw material and parts, sales and cooperative relations of the firms. Among Korean firms in Dalian City, the characteristic of non-local network can be seen in supply enterprise of raw material, parts and semi products. On the other hand, a tighter local network relationship can be seen in sales. Large companies appear stronger in non-local network than small businesses and small businesses are stronger in local network. In terms of cooperation among enterprises, many firms have networks of joint marketing, joint use of equipments, exchange of techniques and information with the supply enterprise. With the customer enterprise, there is a network in joint marketing and manpower training. Especially, most of the customer enterprises are Chinese ones, which have extensive networks in big cities, such as in Beijing, Shanghai, Guangzhou, Tianjin and Dalian. In local network, the Korean firms in Dalian cooperate in product development, finance and manpower training with local firms. And in non-local cooperation, Korean firms are active in tech support, information exchange and R&D.