• Management & Information Systems Review
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• v.38 no.1
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• pp.225-239
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• 2019

In order for a company to grow through technological innovation, technological innovation capacity to support technological innovation is more important than anything else. In addition, the technology commercialization process can not be ignored in order to lead to the improvement of the business performance. In this context, this study analyzed the impact of firm's technological innovation capacity on business performance and tried to analyze whether technological innovation capacity has a moderating effect on technological innovation capacity. To analyze the purpose of this study, we collect data through questionnaires of small and medium venture companies located in the southeast region of korea. The results of multiple regression analysis based on 132 collected company survey data are summarized as follows. First, Technology innovation capacity has a positive effect on business performance. Specifically, companies with well-equipped R&D capabilities, technology accumulation capabilities, and technology innovation systems showed higher business performance(market competitiveness, business growth potential, and business profitability). Second, technology commercialization capacity has a positive effect on the effect of technological innovation capacity on business performance. This result implies that a company with a good technical commercialization capability increases the positive influence of technological innovation capacity on business performance. The results of this study suggest that it is important to systematically manage the technology commercialization capacity in order to generate business performance through technological innovation.

• Journal of the Korean Society of Clothing and Textiles
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• v.32 no.4
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• pp.542-552
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• 2008

The purposes of this study were to investigate the effects of organizational culture of textile companies on innovation capacity and business performance and to confirm the moderating effect of company size on these relationships. Survey data collected from 147 practitioners in the textile companies were analyzed by descriptive statistics, t-tests, and multiple causal modeling using AMOS 6.0. In the model test result, all the hypothesized paths were significant in spite of low goodness of fit. Also, although difference was found in company innovativeness, no difference was indicated in innovation capacity and business performance according to company size. In addition, the smaller companies, the stronger effect of company innovativeness on innovation capacity that affected business performance. On the contrary, the larger companies, the stronger effect of participative decision making on innovation capacity that did not affect business performance. Study results may provide useful implications for practitioners who are interested in developing organizational culture appropriate for company size.

• Journal of Korea Technology Innovation Society
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• v.20 no.3
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• pp.709-731
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• 2017

Great attention has been paid to absorptive capacity (AC) as a means of technological innovation. However, few developing countries have demonstrated real success in the development of their technologies and economies. Global issues such as climate change, contagious disease, etc. require more active cooperation between developing and developed countries. This paper makes the novel argument that the donor's transplanting capacity (TC) should be developed and coevolved in concert with the recipient country's AC. Review of the literature shows that AC depends on a prior knowledge base and an intensity of effort. In this article, we analysed the case of KIST and suggest that codification of development experience, localization of innovation capacity, and donor committment comprise the core elements of TC. Nonaka (1994) argued that interaction between tacit knowledge and explicit knowledge can synergize to increase the overall store of available knowledge. Development experience, which leans heavily toward tacit knowledge, should be transformed into explicit knowledge for more efficient technology diffusion. The technological environments of recipient countries vary from those of their donors, which is why innovation capacity should conform to local conditions in order to make transplantation smoother. Donor committment is also critical for successfully transmitting valuable experience.

• Journal of Technology Innovation
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• v.25 no.2
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• pp.57-87
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• 2017

This study analyzes whether cooperating with various types of partners contributes to a company's innovation performance as well as the moderating effect of absorptive capacity and appropriability that may affect learning in such relationship. The hypothesis is that cooperating with diverse partners will have a positive effect on the innovation performance since it acquires their knowledge and information. In addition, an analysis is conducted on the moderating effect of absorptive capacity and appropriability on the relationship between alliance portfolio consisting various partners and innovation since absorptive capacity that encourages learning is likely to positively moderate the relationship between partner diversity and innovation while appropriability, the capacity to protect the proprietary technology, is likely to undermine learning from partners. The result of the empirical analysis on Korea's key industries, machinery and automobile, using the 2010 Korea Innovation Survey(KIS) data on manufacturing shows that cooperating with various types of technology partners has a positive effect on innovation performance and moderating effect on appropriability.

• World Technopolis Review
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• v.8 no.2
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• pp.104-119
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• 2019

Innovation clusters are essential in the economic development of many developed countries across the world. While they present ways for under-developed and developing countries to grow their economies, fully operational innovation clusters are yet to be established in Nigeria. Many experts argue that learning from experience is an effective way of galvanizing economic development. Therefore, in this study, an empirical analysis involving a multi-variable quantitative analysis was used to examine the factors that influence the performance of the Daedeok Innopolis Innovation Cluster (South Korea). The results obtained show that the investment in education, Research and Development (R&D), labor capacity of key players within the innovation cluster, and the transfer of technology (within the cluster) were essential factors that influence the performance of the Daedeok Innopolis Innovation Cluster.

• Journal of Digital Convergence
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• v.17 no.11
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• pp.171-181
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• 2019

In order to confirm whether innovation can be realized through the direction that companies pursue, this study empirically analyzed the relationship between strategic directionality and innovation capacity. Specifically, strategic directionality is divided into customer orientation and technology orientation, and innovation capacity is classified into strategic planning capacity, R&D capacity, and technology commercialization capacity based on previous studies. And the effect of customer and technology orientation on each innovation capacity was analyzed. Data collection was carried out by 368 questionnaires from the workers of manufacturing industry in Gyeongbuk area and the proposed hypotheses were tested by using structural equation. As a result, it was confirmed that technology orientation had significant effects on all three innovation capacities. However, the effect of customer orientation on strategic planning capacity and technical commercialization capacity was accepted, but the relationship with R&D capacity was rejected. These results can provide implications for how to draw innovation from the organizational strategic direction and culture perspectives by explaining the impact of organizational orientation on innovation capacity.

• Journal of Korea Technology Innovation Society
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• v.21 no.4
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• pp.1536-1576
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• 2018

This study aims at investigating the path in which entrepreneurial orientation and absorptive capacity, which have a significant influence on the corporate performance of SMEs, are mediated through product innovation performance (product speed, product quality). For the empirical study, 233 questionnaires collected from 1775 SMEs including in Daejeon Techno Park start-ups were analyzed by using structural equation model. The empirical analysis shows that absorptive capacity and entrepreneurial orientation have a positive effect on performance through product innovation performance. Therefore, it is suggested that entrepreneurial orientation and absorptive capacity increase product innovation performance in terms of corporate strategy and external information utilization capability, and product innovation performance leads to performance. This paper suggests that entrepreneurial strategy and capacity to utilize external information are important for introducing high quality products faster than others in response to the external environment.

• Asian Journal of Innovation and Policy
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• v.11 no.3
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• pp.293-319
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• 2022

By analyzing the adaptive capacity, market formation and policy direction as functional areas of Technological Innovation System (TIS), the article evaluates the progress of renewable energy transition in the Maldives, with the inclusion of ideas from Mauritius and Cabo Verde. On the policy direction in the Maldives, technology roadmaps produced with assistance from International Renewable Energy Agency (IRENA) and Asian Development Bank (ADB) are evaluated. Although there are inducing factors such as the Solar Risk Management Initiative, the progress of energy transition is hindered by the lack of technical capacity and local value chain. The findings indicate the importance of facilitating and establishing industry and knowledge networks, incorporating innovation policies, greater involvement of the local private sector along with international investors, and taking water-energy nexus to achieve complementary targets. The study adds value to knowledge by offering a simplified TIS framework, with a current insight of the energy transition in Small Island Developing States with a focus on the Maldives.

• Journal of the Korea Convergence Society
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• v.10 no.11
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• pp.387-399
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• 2019

This study examines the effects of entrepreneurship and organizational innovation capacity(strategic planning capacity, R&D capacity, technology commercialization capacity) and strategic directionality (customer orientation, technology orientation) The relationship between corporate entrepreneurship and innovation capacity. First, the research model and the hypothesis were set up based on the literature review, and 400 questionnaires were distributed and retrieved for the manufacturing workers in Gyeongbuk province. As a result of the study, it accepted that the corporate entrepreneurship had significant influence on organizational innovation capacity. And confirmed a significant moderating effect of strategic directionality. However, the moderating effect of customer orientation was rejected in relation to entrepreneurship and technology commercialization. These findings can provide guidelines for organizational management in terms of culture by identifying the effects of corporate entrepreneurship and strategic orientation at organizational level.

• Journal of Information Technology Applications and Management
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• v.31 no.3
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• pp.105-117
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• 2024

This study conducted in-depth interviews with 8 ICT companies experienced in technology transfer and collaboration with government-funded research institutions, employing Grounded Theory methodology. From these interviews, 139 episodes were extracted and categorized into 29 sub-categories across the companies. Validation by independent coders further classified these into 5 categories: potential absorptive capacity, realized absorptive capacity, technology collaboration activities, technology collaboration performance, and innovation intermediaries. The validation results suggest that companies with higher absorptive capacity are more actively involved in technology collaboration. Moreover, companies utilizing innovation intermediaries demonstrate increased collaboration frequencies. The study contributes to academia and industry by providing insights for companies to improve competitiveness and foster smooth technology collaboration, enhancing collaborative outcomes. Future research should focus on quantitatively validating these findings.