• Title/Summary/Keyword: innovation activities

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Effect of Component Factors of Innovation Clusters on the Corporate Business Activity: The Moderating Effect of Financial Support

  • Im, Jongbin;Chung, Sunyang
    • World Technopolis Review
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    • v.4 no.3
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    • pp.144-156
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    • 2015
  • Globalization and knowledge-based economy have increased the importance of local areas as the units of global competition. Therefore, the meaning of localities has been emphasized as the core value of economic activities. In this context, innovation cluster has been recognised and emphasized as effective policy measure for innovation. Therefore, most countries have been trying to develop innovation clusters with their expectation for a rapid growth of economy. Nevertheless, there have been minimal empirical researches on innovation cluster. Therefore, for suggesting implications that activation factors of innovation cluster are to have an effect on tenant's business activities, this study conducted a literature review for the theories of regional innovation system(RIS) and innovation cluster. As a result, the activation factors of innovation cluster were classified into institutional, physicals, and social factor. The case of Gyeonggi province's innovation cluster policy was examined for an empirical analysis. Data were analyzed using ordered logistic regression. The results were as follows:First, Institutional and Infra factors had a positive influence on firms' business activities in every empirical test, so they were the most important activation factors of innovation cluster. Second, regarding the interactive effects of financial support, the interactive effects between financial support and Infra factor had a positive influence on the firms' business activities, according to the result of the empirical test.

A Study on Effect of Technological Innovation Activities on Innovation Performance in Firms: Focused on the Moderating Effect of Innovation Resistance and Performance (기업의 기술혁신 활동이 혁신성과에 미치는 영향연구: 혁신저항의 매개적 효과를 중심으로)

  • Park, Jugyeong;Lee, Seolbin
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.5
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    • pp.89-99
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    • 2017
  • Although the technological innovation activities have depended on corporate, organizational and personal capabilities and activities, innovation resistance to practice was not actively considered in previous studies. This study is intended to the effects of corporate technology innovation capabilities and activities on intra-organizational innovation resistance and performance by compensating the limit of previous studies. To achieve this, a survey was empirically carried out to 293 domestic IT and BT companies. First, technological innovation competencies had a positive effect on technological innovation resistance, adopting hypothesis 1. Second, technological innovation activities had no positive effect on technological innovation resistance, rejecting hypothesis 2. Third, technological innovation resistance had a positive effect on technological innovation performance, adopting hypothesis 3. Fourth, technological innovation resistance was positively mediated in the relationship between technological innovation competencies and technological innovation performance, adopting hypothesis 4. Fifth, technological innovation resistance was not positively mediated in the relationship between technological innovation activities and technological innovation performance, rejecting hypothesis 5. Overall, the higher technological innovation competencies had a significant effect on technological innovation resistance. Consequently, technological innovation resistance can improve or reduce technological innovation competencies and performance depending on the level of resistance.

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The Impacts of Innovation Resistance Management on Technological activities and Innovation Performance (기업의 혁신저항관리활동이 기술혁신활동과 혁신성과에 미치는 영향)

  • Ban, Jae-In;Kim, Sung-Hong
    • Journal of Korea Technology Innovation Society
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    • v.15 no.3
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    • pp.627-648
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    • 2012
  • The Purpose of current study is to empirically examine the impact of innovation resistance management practices on technological innovation activities and its performance. Drawing upon literature review, innovation resistance management practices are conceptualized and the measurement items of independent and dependent variables are developed. Survey-based data for this study was collected from 300 Korea manufacturers. The results of structural equation modeling analysis are as follows. First, innovation resistance management practices significantly affected on technological innovation activities and its performance. Second, technological innovation activities affected on its performance. Therefore, in order to make high innovation performance, corporate have to properly implement the innovation resistance management practices.

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The Effect of Open Innovation on New Business Development (개방형 혁신 활동이 신사업 발굴 성과에 미치는 영향)

  • Do, Sungjeong;Cho, Keuntae
    • Korean Management Science Review
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    • v.34 no.1
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    • pp.27-45
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    • 2017
  • The purpose of this study is to empirically analyze whether open innovation activities are significant and which methods are more effective in developing new businesses. Based on the latest technological innovation survey data of the Science and Technology Policy Institute, the results were analyzed by binary logistic regression analysis. As a result of the analysis, we confirmed that open innovation activities have a positive effect on the performance of developing new businesses. In the open innovation activities, Recruitment (invitation) of specialist in related fields, Business alliance technical agreement, Dispatch of personnel, M&A, Acquisitions identify related field trends showed more influence in order. It would be beneficial to improve the performance of developing new businesses with a low probability of success if utilize more effective innovation activities in developing new business in enterprises or organizations throughout this study.

An Empirical Examination of the Relationship between Service Level and Service Innovation based on Service Science (서비스사이언스를 기반으로한 서비스 수준과 서비스 혁신간의 관계에 대한 실증 연구)

  • Kim, Yong-Jin;Yim, Myung-Seong
    • Journal of Digital Convergence
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    • v.11 no.6
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    • pp.73-90
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    • 2013
  • Our basic objective in this paper is to identify a relationship among services, technology level, and service innovation activities using service science approach. The empirical tests are two-fold: first, to find out a difference in the level of service innovations, depending on the service levels and vice versa; second, to investigate the relationship between technology level and service activities and between technology level and service innovation activities. The results of the study are as followed: (1) Service innovation activities are different depending on service activities. (2) Service activities are different depending on service innovation activities. (3) Differences between technology level and service activities and between technology level and service innovation activities do not exist. These findings have implications for both research and practice.

An Empirical Study on the Effect of Logistics Firm's Innovation Activities on Business Performance (물류기업의 혁신활동이 경영성과에 미치는 영향에 관한 실증연구)

  • Cho, Yong-hyun
    • Journal of Korea Port Economic Association
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    • v.34 no.3
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    • pp.75-92
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    • 2018
  • The purpose of this study is to analyze whether innovation activities of logistics firms affect innovation performance and service quality improvement and whether innovation performance and service quality as a result of innovation activities affect these firm's business performance. First, I undertake a review of previous studies and theories related to innovation activity and innovation performance. Additionally, previous studies on improvement of service quality along through innovation performance were analyzed. Based on this, I set up a research structure and hypotheses. To this end, I used the workplace panel survey data of the Korea Labor Institute(KLI) and used a total of 88 samples. I use the Partial Least Square(PLS) approach to structural equation modeling. The results of the empirical analysis show that innovation activities of logistics firms have a positive effect on innovation performance and service quality improvement, and innovation performance and service quality have a positive effect on financial performance. Evidently, innovation activities bring a clear competitive advantage to the logistics firms and improve their service quality. This implies the ability of logistics firms to survive amidst competition while getting a competitive edge.

Rethinking Informal R&D Activities: Its Impact on Technological Innovation (비공식적인 연구개발 활동이 기술혁신에 미치는 영향)

  • Oh, Chihun;Moon, Seongwuk;Ahn, Joon Mo
    • Journal of Korea Technology Innovation Society
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    • v.19 no.2
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    • pp.302-323
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    • 2016
  • To date, the literature has focused on formal R&D activities, such as internal, joint or external R&D, but informal R&D activities, such as job training or design, can also have a positive impact on technological innovation. To address this research gap, this paper examined 1) the influence of informal R&D activities on innovation adoption, and 2) the differences between formal R&D-oriented and informal R&D-oriented firms in process and product innovation. For this, statistical analysis was conducted using the data set from 2012 Korea Innovation Survey. The results suggest that 1) informal R&D activities can influence process innovation, and 2) firms engaging in both informal and formal R&D actively adopt product innovation. Findings suggest that 1) firms should recognize the importance of informal R&D and 2) national R&D policy should reflect the positive role of informal R&D in technological innovation.

Impacts of Networks on Innovative Results of Korean Corporations (유형별 혁신네트워크가 혁신성과에 미치는 영향: 한국의 혁신적 기업을 사례로)

  • Lee, Seong-Keun;Lee, Kwan-Ryul
    • Journal of Technology Innovation
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    • v.12 no.3
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    • pp.25-47
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    • 2004
  • The globalizing economic processes based on knowledge-based economic systems have changed the environment of competition between corporations fundamentally. As a result, all corporations must carry out their own activities for innovation in order to strengthen their competitiveness continuously. However, it may be difficult for the companies to meet the demand of rapidly changing markets as well as technological changes by themselves. Therefore, most of companies intensify their interdependent collaboration with other corporations for carrying out innovative activities. This is a process of building innovation networks. Innovation networks can provide opportunities to learn latest technologies and at the same time reduce uncertainties for the future. In fact, innovation networks enable not only to provide information about technology, market etc. but also to create learning processes between innovative actors. Thus, innovation networks are the most significant factor to stimulate innovative activities as well as to generate the growth of companies. This paper argues about impacts of innovation networks on the result of innovative activities. Furthermore, this focuses on the analysis of characters of corporations as well as patterns between innovation networks and innovation results.

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The Effect of Failure Experiences on Exploratory Innovation Activities: A Longitudinal Study of The Korean Pharmaceutical Industry (실패경험이 기술혁신 활동과 기술개발 성과에 미치는 영향: 국내 제약 산업을 중심으로)

  • Lee, Jaegun;Huh, Moon-Goo
    • Journal of Technology Innovation
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    • v.26 no.3
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    • pp.69-97
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    • 2018
  • This study explored the influence of failure experience of Korean pharmaceutical industries on the innovative activities of corporations from the perspectives of R&D and knowledge search. Previous studies have defined the cause of the failure or studied the reasons for the decline. However, studies analyzing the influence of failure on the innovative activities of corporations are rare. This study set a research period of 10 years for the Korean pharmaceutical industry to conduct a longitudinal analysis of the influence of the influence of failure on innovation activities and the influence of innovation activities on radical innovation. A summary of the research results is as follows. Firstly, failure of corporations induce exploratory innovation activities, and the extent differs greatly from the size of financial slack resource. Secondly, experiences of corporations' failure were not significant from the perspective of knowledge search. Thirdly, the interaction between the corporation's exploratory innovation activities and knowledge search had a positive (+) relationship with radical innovation performance. This study is significant in that it suggested empirical evidence by verifying the positive influence of failure to learning and innovation unlike previous researches viewing failure negatively, and suggested the direction of future studies based on these research results.

Critical Factors Affecting the Innovation Activities of Businesses: Evidence from Binh Dinh Province, Vietnam

  • NGUYEN, Thi Le Hang;PHAM, Ngoc Toan;DAO, Vu Phuong Linh;NGO, Thi Thanh Thuy;LE, Thi Thanh Binh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.425-438
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    • 2020
  • The study investigates the factors influencing the innovation activities in the enterprises in the Binh Dinh Province, Vietnam. By employing the dataset from a survey in 200 typical enterprises in Binh Dinh and using the Exploratory Factor Analysis and regression analysis, we found that there are eight factor groups affecting the innovation activities of enterprises. They include management of innovation promotion; market research capacity; leadership inspiring innovation; culture of innovation; human resources for implementing innovation; network connection; disseminating/sharing knowledge; and impact of producing/serving technology. All these factors strongly affect the innovation activities, which plays an important role in promoting the sustainable development of the Vietnamese enterprises, with the statistical significance level at 1%. Moreover, findings also show that, among these factors, the market research capacity is the strongest determinant of the innovation activity in the enterprise. An increase of 1 point of capacity of market research will increase the innovation activities in the enterprise by 0.114 point. It is followed by the management of promoting innovation, leadership inspiring innovation, and disseminating and sharing knowledge, with 0.104, 0.103 and 0.102 score, respectively. On the other hand, network connection is the weakest factor, with the score of 0.07 point.