• Title/Summary/Keyword: Determinants of Technological Innovation

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Analysis of Type and Determinants of SME Technological Innovation in Daejeon (대전 중소·벤처기업의 기술혁신 유형 현황 및 결정요인 분석)

  • Kim, Min-Seok;An, Gi-Don
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.5
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    • pp.175-189
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    • 2020
  • Daejeon City has strived to support the SMEs to innovate technologies based on the capabilities of research and development of the Daedeok Innopolis. It is widely known that technological innovation is the key strategy of Small medium enterprises(SME) to survive and succeed in a market. This study aims to analyze the type and determinants of SME technological innovation in Daejeon. Even though most of firms are the small enterprises which employ less than 10 workers in Daejeon, the number of technology-oriented company per capita in Daejeon is highest in South Korea. The type of technological innovation is divided between product innovation and process innovation. The literature insists that technology-oriented small firm tends to implement product innovation rather than process innovation. SMEs in Daejeon also provided more output from product innovation than process innovation. The empirical analysis provided the results that the determinants of SME's technological innovation depends on its type. The scale of firm, R&D investment, and R&D employees positively influence product innovation of SMEs in Daejeon. However, the impact of R&D employees is not significant on innovating the existing product. Process innovation is positively affected by R&D investment and firm age. The study provides the policy implications to business supporting programs of Daejeon government. The business supporting policy of Daejeon government should focus on supporting each type of technological innovation to promote technological innovation by SME and consider strategies that focus on R&D investment and manpower support.

Determinants and Complementarities of the Technological Innovation Protection Mechanisms of Korean Manufacturing Firms (한국 제조기업의 기술혁신보호방법 결정요인과 상호보완성)

  • Yu, Kyung-Jin;Hong, Soon-Ki
    • Korean Management Science Review
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    • v.28 no.3
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    • pp.31-45
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    • 2011
  • This study aims to analyze determinants and complementarities of the technological innovation protection mechanisms of Korean manufacturing firms. The results of the inter-industry comparison show that there are differentiations of the determinants among industries. Independence between legal and strategic protection mechanisms is found in the high technology industry, whereas complementarities exist between them in the low technology industry. It implies that the firms should take into account their endogenous and exogenous factors to choose appropriate combinations of the mechanisms when they build up their innovation protection strategies. This study expects to contribute to establishing technological innovation protection strategies in manufacturing industry.

Analysis of Determinants of Technological Innovation for SMEs Using Corporate Panel DB (기업 패널 DB를 활용한 대구지역 중소기업 기술혁신 결정요인 분석)

  • Seong, Byungho;Kim, Taesung
    • Journal of the Korea Safety Management & Science
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    • v.23 no.1
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    • pp.81-94
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    • 2021
  • In SMEs, technological innovation is recognized as an important tool in terms of sustainable growth. This study analyzed the determinants of technological innovation by using the information of the corporate panel DB composed of local SMEs. The internal factors were added with technological innovation capacity and production capacity and the industrial cluster environment was first applied to external factors. Also, whether the industrial cluster environment influences technological innovation through R&D capabilities, the mediating effect was tested with the Sobel Test. Among the internal and external factors, the most important determinant was marketing ability, and a policy was proposed to develop measures to increase R&D capability with mediating effect. Among the technological innovation variables, which are dependent variables, the most determinant factor was the proportion of new product sales. For this, it is considered that additional research such as longitudinal research with the concept of repetition and parallax using the corporate panel DB is necessary.

Study of the Determinants of R&D Cooperation : Empirical Evidence from Korean Manufacturing SMEs (기술협력 유형 결정요인에 관한 실증연구: 중소제조기업을 중심으로)

  • Kim, Hyung-Soo;Yang, Dong-Woo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.11
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    • pp.6587-6598
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    • 2014
  • This study tested the hypothesis from the previous research issues and empirically investigated the determinants of cooperative strategy for technological innovation, using the multinomial logit model. The meaningful conclusions from this study are as follows. First, the characteristics of the company and product are not the significant determinants for cooperative strategy for technological innovation. Second, formal R&D organization characteristics are significant factors in determining the type of cooperative strategy for technological innovation. Third, the support of government is a significant determinant and if a company receives more government support, it is likely to accept public type cooperation. Fourth, the characteristics of industry are significant determinants and if a company belongs to a higher technology industry, it is likely to accept vertical type cooperation with private enterprises. This study analyzed the hypotheses raised in a variety of studies empirically. This paper presents the basis of various studies concerning technological cooperation strategies.

The Survey Analysis of Determinants of Railroad Export (철도시스템 해외진출 결정 요인 분석)

  • Lee Soon-Cheul;Bhang Youn Keun;Han Eun Young
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.488-493
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    • 2004
  • This study discusses what determinants are important to enter the worldwide railroad market. Survey analysis is used to decide the determinants of export in the international railroad markets. The Study finds that with price factors, non-price factors such as technological innovation and technological transference are important, too. For manufacturing, market experience and know - how, financing and supports in the government level in the areas of strategical alliance and regulation are essential. For non-tariff factors, technical risk and characteristics of markets are considered.

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Determinants of Technological Innovation and Spillover Effects: Using Count Data Model (국내 제조업 기업의 기술혁신 요인 및 기술파급효과 분석: 가산자료 모형을 이용하여)

  • Jang, Jeong-In;Yu, Seung-Hun;Gwak, Seung-Jun
    • Journal of Technology Innovation
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    • v.14 no.3
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    • pp.23-42
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    • 2006
  • This study investigates the determinants of output of a manufacturing firm's innovative activity (the number of patent applications) and spillover effects using a count data model. This paper attempted a negative binomial distribution In order to take into account unobserved heterogeneity. The results of our study suggested that Firm size, R&D intensity, technical network activity, and online business performance have significantly positive effects in the Korean manufacturing industry. Moreover, there are significantly positive spillover effects in the same industry sector.

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An Integrative Framework of the Determinants for the Emergence of a Next-Generation Dominant Display

  • Yoon, Inhwan
    • Journal of Information Technology Applications and Management
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    • v.24 no.3
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    • pp.107-123
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    • 2017
  • This study uses the concept of dominant design to identify the determinants for the emergence of a next-generation dominant electronic display. It employs multiple research methods with the participation of display experts, which combine case studies, an unstructured interview, and the Delphi method. The results show that based on technological innovation and market dominance, a next-generation dominant display is more likely to emerge as a result of technological competition between liquid crystal displays (LCDs) and organic light-emitting diodes (OLEDs). The findings emphasize that the importance of rapid technological innovation, including component and process innovations, and a competitive edge in manufacturing costs are important. The study sheds light on our understanding of dominance in an industry and market, and also provides strategic guidance for practitioners to establish a competitive strategy.

A Study on the Determinants of IP Protection of Innovation Results in Korean Manufacturing Sector (한국 제조업의 기술혁신성과 보호전략 결정요인에 대한 연구: 지적재산권 보호를 중심으로)

  • Park, Gyu-Ho
    • Journal of Technology Innovation
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    • v.14 no.3
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    • pp.1-21
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    • 2006
  • The explosion in creation and utilization of IP including Patent since 1980s has been regarded as typical trend affecting the environment for technological innovation. Korea also has shown massive creation of IP. These stimulate the focused interest on the effectiveness of IP for protecting the innovation output. We try to analyze the determinants of this effectiveness in Korean manufacturing sector in terms of the charactenstics of firm's innovation strategy. It is shown that, for protection for product innovation, as being larger, and as having made innovation, the IP protection is regarded as effective, and firms making cooperative R&D have a higher possibility of using IP protection. And larger firms give a higher recognition to effectiveness of IP protection irrespective of the types of innovation such as product innovation and process innovation.

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An Empirical Study on the Relationship between Barriers and Policy Measures in Technological Innovation (기술혁신 장애요인이 지원제도 활용에 미치는 영향에 관한 실증연구)

  • Shin, Hyun-Woo
    • Journal of Technology Innovation
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    • v.17 no.2
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    • pp.81-107
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    • 2009
  • The Korean government provides a variety of supporting programs with firms to promote technological innovation which is a main driver of economic growth. The existing literature on technological innovation has mainly focused on analysis about determinants of successful innovation and effectiveness of a specific policy measure. However, there is no study deals with characteristics of policy demanders. For this, this study investigates the relationship between barriers and policy measures in technological innovation using the logistic regression analysis method with raw data of Korean Innovation Survey (KIS). The findings from this analysis show that barriers of technological innovation are meaningful variables to determining whether firms adopt a policy measure, although there are some differences according to policy types. Cost barriers increased the probability that firms adopt support programs regardless of policy types. Also, the more firms encounter cooperation barriers, the more likely firms utilize supporting programs in regard to technological advice and information.

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Technological Innovation and Political Stability: A Geographic Distribution of Green Trade in OIC Nations

  • Shamsa KANWAL;Irwan Shah Zainal ABIDIN;Rabiul ISLAM
    • Journal of Distribution Science
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    • v.22 no.8
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    • pp.37-53
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    • 2024
  • Purpose: Global warming is increasingly aggravated by environmental degradation, a challenge that can be mitigated through strategic logistic policies. This study introduces the dynamics of green trade in environmental goods for the Organisation of Islamic Cooperation (OIC) nations. It is a region known for its high environmental degradation, political risk and instability. This study examines how technological innovation and political factors influence the geographic distribution of green trade among OIC nations from 1994 to 2021 using the structural gravity model. The COVID-19 pandemic further emphasised the need for resilient and eco-friendly approaches. Research design, data and methodology: The main objective of the study is to analyse the impact of technological innovation along with scrutinising political determinants of green trade in the OIC region from 1994 to 2021 using the structural gravity model. Results: The results reveal geographic proximity, RTA, and innovation significantly boost green trade. Similarly, OIC's green trade performance has been impeded by high political risk and instability. Conclusions: The research recommends fostering political stability, and conducting further research using longitudinal studies and machine learning to strengthen the understanding of innovation and green trade in the OIC. This will inform policies for sustainable economic growth through green trade.