• Title/Summary/Keyword: innovation capacities

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External Open Innovation Strategy and Innovation Outcome in SMEs (중소기업의 개방형 탐색 전략과 혁신활동)

  • Yang, Ji Yeon;Roh, Tae Woo
    • Knowledge Management Research
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    • v.16 no.4
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    • pp.1-16
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    • 2015
  • This paper aims to explore the small and medium sized enterprises'(SMEs') technological innovation through an open innovative strategy. Researchers have identified open innovation as external search 'breadth' and 'depth'. Although an open innovation strategy is well known as an effective way for SMEs' innovation, this stream of research examines differences between pursuing breadth of external knowledge and depth of external knowledge for SEMs' innovation. The sample comprises a total of 1106 SMEs included in the Korean Innovation Survey, and logistic regression analysis and odds ratio comparison were used to evaluate the relationship between external knowledge search and innovation outcomes. The results show that both 'breadth' and 'depth' positively affect the SMEs' innovation. When SMEs are simultaneously pursuing external searching for breadth and depth, however, a negative result on innovation outcome followed because of the lack of their internal resources and capacities. Despite these contributions, we have certain limitations that can be regarded as means of future research. Even though breadth and depth are adopted to measure the way of how a firm sources the external knowledge, companies may place the different weight on each source of knowledge. And also, it is difficult to understand how the knowledge gained through external search contributes to a firm's incremental and radical innovation, respectively.

Effects of Human Capital and Innovation on Economic Growth in Selected ASEAN Countries: Evidence from Panel Regression Approach

  • CHE SULAIMAN, Nor Fatimah;SAPUTRA, Jumadil;MUHAMAD, Suriyani
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.43-54
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    • 2021
  • Human capital and innovation capacities are essential elements and one of the sustainable approaches to driving economic growth. However, there is debate among scholars concerning these two factors in fostering economic growth. This study investigates the relationships between human capital and innovation capacity and economic growth in selected ASEAN countries, namely, Malaysia, Thailand, and Indonesia. Economists widely discussed the interrelation of human capital and innovation. A large body of literature stated that human capital is an essential factor and engine of economic growth. Innovation has become key in transforming the economic development of developing countries. We analyze human capital (HC) and innovation capacity (INC) using static panel data analysis. The data analysis shows that the fixed-effect model is the best model in this study. Further, human capital (HC) has a significant positive relationship with economic growth. Meanwhile, innovation capacity has no significant relationship with economic growth. We also found that Malaysia's coefficient of human capital and innovation capacity is higher and more efficient than in Thailand and Indonesia. In conclusion, human capital and innovation capacity are crucial elements for measuring economic growth. Skilled human capital contributes significantly to the economic growth and economic development of a nation.

An Empirical Study on the Determinants of Innovation Performance of SMEs in the Daejeon and Chungcheong Region (지역혁신체제관점에서의 대전·충청지역 중소기업 혁신성과 결정요인에 관한 실증적 연구)

  • Kim, Young-Jin;Kim, Byung-Keun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.9
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    • pp.102-111
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    • 2016
  • This study aims to identify the characteristics of the regional innovation system(RIS) and the determinants of innovation performance of SMEs. Data were collected from a questionnaire survey on 64 SMEs in the Daejeon and Chungcheong regions to uncover the relationship between capabilities, regional innovation capacities and innovation performance. The moderating effects of regional innovation capacities on the relationship between firms' innovation capabilities and performance were also tested. Empirical results revealed that R&D, marketing and entrepreneurial orientation had positive effects. The moderating effect of regional innovation capabilities on the relationship between entrepreneurial orientation (risk taking) and performance was also confirmed.

The Effect of External R&D on the Innovation Efficiency : An Empirical Study of Manufacturing Industries in Korea (외부 R&D가 혁신 효율성에 미치는 영향 분석 : 국내 제조 산업을 중심으로)

  • Lee, Jiyoung;Kim, Chulyeon;Choi, Gyunghyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.125-136
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    • 2016
  • The external R&D, which includes the adoption of the external technology and knowledge in addition to the internal R&D, is one of important factors for the innovation. Especially for small and medium-sized enterprises (SMEs), the external R&D has been considered as a key factor to carry out the innovation more efficiently due to the limitations of their resources and capacities. However, most of extant studies related to external R&D have focused on analyzing the influence of external R&D on innovation outputs or outcomes. Only a few studies have explored the impact of external R&D on the innovation efficiency. This study therefore investigates whether the external R&D effects the industry's innovation efficiency and productivity. On this study, we used Korean manufacturing industry data of SMEs from 2012 to 2014 and employed a global Malmquist productivity analysis technique, which is based on the Data Envelopment Analysis (DEA), to assess the innovation efficiency and productivity. Innovation performances of external R&D group and internal R&D group are compared. Then, the sectoral patterns of both innovation efficiency and productivity are analyzed with respect to the technological intensity, which is introduced by OECD. The results show that the gap of innovation efficiency between external and internal R&D groups has gradually decreased because of the continuous improvement of the external R&D group's performance, while the external R&D group lag behind the internal R&D group. In addition, patterns of the innovation efficiency and productivity change were different depending on the technological intensity, which means that the higher the technological intensity, the greater the effect of external R&D.

The Effect of the Interaction with Innovation Intermediaries on Firm's Performance: Focusing on the Absorptive Capacity' Mediating Effect (혁신중개인과의 관계가 기업성과에 미치는 영향: 흡수역량의 매개효과를 중심으로)

  • Lee, Sunje;Jung, Sunyang
    • Journal of Technology Innovation
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    • v.25 no.4
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    • pp.313-340
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    • 2017
  • This paper explores the interaction between innovation intermediaries and firms' absorptive capacities and performance from the perspectives of regional innovation system and innovation cluster. This paper is an empirical study for drawing two research questions by examining firms in Daedeok Innopolis. First, does the relationship between firms and innovation intermediaries have a significant effect on the absorptive capacity and performance of the firm? Second, does absorptive capacity mediate the relationship between innovation intermediaries and performance of the firm? According to our analysis, innovation intermediaries have a positive effect on firms' absorptive capacity, as well as innovation and business performance of firms. Also the absorptive capacity plays a significant mediator role in this intermediation process. This paper implies that the firms could expand opportunities and build competitive advantage by fully understanding the innovation process and the interaction between innovation intermediaries and firms in this innovation process.

The Analysis of Regional Innovation Potential for Establishing Regional Innovation System (지역혁신체계 구축을 위한 지역의 혁신 잠재력 분석)

  • Ko Suk-Chan;Kim Hak-Min;Kim Sung-Jong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.7 no.1
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    • pp.80-88
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    • 2006
  • This study calculates comprehensive regional innovation potentials of the 16 provincial governments of Korea based on the 20 indices from 3 fields such as regional innovation infrastructure, regional innovation activities, and regional innovation performance. Except regional innovation activities supported by the central government's regional innovation grant program, there are disparities of the 3 innovation fields between the Seoul Metropolitan Area and non-Seoul areas. In some local provinces where the comprehensive innovation capacities are low, there are significant disparities among the 3 innovation fields. These provincial governments should support a policy to adjust the disparities for the sustainable regional innovation.

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Comparative characteristic study from bone marrow-derived mesenchymal stem cells

  • Purwaningrum, Medania;Jamilah, Nabila Syarifah;Purbantoro, Steven Dwi;Sawangmake, Chenphop;Nantavisai, Sirirat
    • Journal of Veterinary Science
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    • v.22 no.6
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    • pp.74.1-74.13
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    • 2021
  • Tissue engineering has been extensively investigated and proffered to be a potential platform for novel tissue regeneration. The utilization of mesenchymal stem cells (MSCs) from various sources has been widely explored and compared. In this regard, MSCs derived from bone marrow have been proposed and described as a promising cell resource due to their high yield of isolated cells with colony-forming potential, self-renewal capacity, MSC surface marker expression, and multi-lineage differentiation capacities in vitro. However, there is evidence for bone marrow MSCs (BM-MSCs) both in vitro and in vivo from different species presenting identical and distinct potential stemness characteristics. In this review, the fundamental knowledge of the growth kinetics and stemness properties of BM-MSCs in different animal species and humans are compared and summarized. Finally, to provide a full perspective, this review will procure results of current information studies focusing on the use of BM-MSCs in clinical practice.

Comparison of Innovation Capabilities - The Case of Chinese Regions -

  • Li, Hang;Kim, Sang-Wook
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.9
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    • pp.225-234
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    • 2022
  • Innovation is not only one of the factors determining the competitiveness of national regions, but also an engine for economic development, and plays an important role in breaking out of the trap of middle-income countries. This paper constructs a regional innovation index from the perspectives of innovation input, innovation output, and innovation environment, and measures the regional innovation index of 31 provinces, municipalities, and autonomous regions in China from 2006 to 2019 by using principal component analysis and cluster analysis. The results concluded that there are large provincial and municipal differences in China's regional innovation capacities, and the provinces with higher comprehensive levels are mainly concentrated in the southeastern coastal region. Cluster analysis divides the 31 provinces, municipalities, and autonomous regions into five types, and the results find that the respectively developed coastal regions are in the high-level and the high-level regions relying on the advantages of location and national policies.

A Study on a Government Portal from the Knowledge Management Perspective Using Hyperlink Network Analysis: Focusing on the Innovation Portal (정부포탈 지식관리의 하이퍼링크 네트워크 실증 분석 - 혁신포탈 사례를 중심으로 -)

  • Kim, Jaekeun;Yoo, Seung Hyun
    • Informatization Policy
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    • v.17 no.2
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    • pp.25-44
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    • 2010
  • In order to improve organizational performance, organizations should make a knowledge management system to share, distribute, and create related knowledge effectively in the operational process. It is not too much to say that organizational performance depends on the level of network and networking for the use of knowledge among the agents. Theoretically, a web portal is known as a useful instrument not only to link among the actors who have a specific interest and purpose but also to promote social networking which creates new knowledge relevant to user's environment. In the context, this article explored policy implications of building and operating government portals by analysing the efficacy of the "Innovative Portal", which the Korean government had opened to diffuse its innovation activities and to improve organizational innovation capacities in 2005, in innovation process from the knowledge management perspective. In particular, this study tried to identify how did the "Innovation Portal"influence network and networking of innovation knowledge using hyperlink network analysis method.

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Transferring Innovation Capacities to Developing Countries: A KIST-based Strategy (기술혁신역량의 개도국 전수를 위한 전략 연구: KIST사례를 중심으로)

  • Lee, Chang G.;Kim, Jong Joo;Chung, Sun Yang
    • 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.