중견기업의 기술획득전략이 성과에 미치는 영향 = The impact of technology acquisition strategy on firm performance in Korean Medium size Enterprises

다국어 초록 (Multilingual Abstract)

The purpose of study is to promote the development of medium size enterprises(MSE) by analyzing the causal relationship between technology acquisition strategy and firms' performance. In this study, we use the number of intellectual property, sales growth rates, and return on sales as proxy variables of technological and financial performances. This study includes internal R&D investment, cooperative R&D with academy, foreign technologies transferred, and their interaction effects as the independent variables. The results of study are as follows. Frist, R&D Investment, Foreign Technologies Transferred and their interaction effects are positively influence on technological performance. Second, Cooperative R&D with academy and the interaction effects of R&D Investment and Cooperative R&D with academy are negative influence on technological performance. On the other hand, all of the main independent variables and the interaction effects have non-significant relationships with financial performances. These results imply that technological innovation efforts of MSEs do not effectively increase their financial performances. Furthermore, technological supports of government and academy on MSEs' innovation do not effectively increase their innovation outputs. Finally, this study discussed its theoretical and practical implications and the limitations of the study.

참고문헌 (Reference)

1 박상문, "외부자원 활용이 벤처기업의 기술혁신에 미치는 영향" 한국중소기업학회 28 (28): 181-206, 2006

2 박상문, "벤처기업의 창업팀 특성과 해외시장 진출시기가 국제화 수준에 미치는 영향" 한국중소기업학회 8 (8): 3-26, 2005

3 Fritsch, M., "Who cooperates on R&D" 30 : 297-312, 2001

4 Prahalad, C. K., "The core competence of the corporation" MA 1990

5 BOK, "The analysis on the Effect for Productivity of the R&D Investments" The Bank of Korea 2003

6 Kim, S. Y., "The Impact of Industry-Academy Collaborations and Absorptive capacity on Technological performance in Koreans SMEs" 35-64, 2007

7 Almus, M., "The Effects of Public R&D on Firm’s Innovation Activities : The case of Eastern Germany" 12 (12): 226-236, 2003

8 Lee, B. H., "The Effect on the Performance and Technology acquisition of the Midium Enterprises" 77-84, 2011

9 Aw. B. Y., "Technology exports and firm efficiency in Taiwanses manufaturing" 7 (7): 93-113, 1998

10 Souitaris, V., "Technological trajectories as moderators of firm-level determinants of innovation" 31 (31): 877-898, 2002

11 Lee, B. H., "Technological innovation strategies of Korean ventures across the growth stages and the effect of government R&D subsidy" 8 (8): 127-152, 2005

12 Naffziger, D. W., "Strategic planning in small businesses: process and content realities" 1-15, 1999

13 Burgelman, R., "Strategic management of technology and innovation" Times Mirror Higher Education Group 2004

14 Koka, B. R., "Strategic alliances as social capital : A multidimensional view" 23 (23): 795-816, 2002

15 Fiol, C. M., "Squeezing harder doesn’t always work : Continuing the search for consistency in innovation research" 21 : 1012-1021, 1996

16 Kim, J. H., "Small Firm's Structural Adjustment and Knowledge Intensive" KDI 1996

17 Freel, M. S., "Sectoral patterns of small firm innovation, networking and proximity" 32 (32): 751-770, 2003

18 Hwang, I. C., "Review on the Small sized Firm's role and Status" 1 : 53-81, 1995

19 KISTEP, "Review for the National R&D preliminary feasibility Research" 2006

20 IBK, "Research of Small sized Firms"

21 IBK Economic Research Institute, "Research of Small sized Firms"

22 Becker, W., "R&D cooperation and innovation activities of firms? evidence for the German manufacturing industry" 33 (33): 209-223, 2004

23 Griliches, Z., "R&D and Productivity, The Econometric Evidence" ; University of Chicago Press 1998

24 Haveman, H. A., "Organizational size and change : diversification in the savings and loan industry after deregulation" 38 : 20-50, 1993

25 Rogers, M., "Networks, firm size and innovation" 22 (22): 141-153, 2004

26 Haunschild, P. R., "Modes of inter-organizational imitation : The effects of outcome salience and uncertainty" 42 : 472-500, 1997

27 Kamien, M. I., "Market Structure and Innovation" Cambridge University Press 1982

28 Feldman, M. P., "Knowledge complementarity and innovation" 6 (6): 363-372, 1994

29 Lee, P. K., "Knowledge Creation Perspective on Technological Capability Accumulation of a High-tech SMEs: Comparative Case Study and Strategic Implications" 67-88, 2009

30 Kim, D. S., "Isolation, identification and culture condition of microorganism producing glutathione" 21 : 1-5, 1993

31 Lee, C., "Internal capabilities. external networks. and performance : a study on technology-based ventures" (22) : 615-640, 2001

32 Geroski, P., "Innovation, profitability and growth over the business cycle" 20 : 35-50, 1993

33 Cohen, W. M., "Innovation and learning: The two faces of R&D" 99 : 569-596, 1989

34 Archibugi, D., "Innovation System in a Global Economy" Cambridge University Press 1999

35 STEPI, "Information of Scinence Technology"

36 SERI, "Information of Firms"

37 MOCIE, "Information of Firms"

38 Scherer, F. M., "Industrial pricing: Theory and evidence" Rand McNally College Publish 1970

39 Schoenecker, T., "Indicators of firm technological capability : Validity and performance implications" 49 (49): 36-44, 2002

40 Hart, S., "How strategy making processes can make a difference" 15 : 251-269, 1994

41 Hall, B. H., "How effective are fiscal incentives for R&D? A review of the evidence" 29 : 449-469, 2000

42 Nohria, N., "Global strategic linkages and industry structure" 12 (12): 1991

43 Rosegger, G., "Firms information sources and the technology life cycle" 12 (12): 5-6, 1996

44 Rothwell, R., "External Linkages and Innovation in Small and Medium-sized Enterprises" 21 : 125-137, 1991

45 Keizer, J. A., "Explaining Innovative Efforts of SMEs : An Exploratory Survey among SMEs in the Mechanical and Electrical Engineering Sector in the Netherlands" 22 (22): 1-13, 2002

46 Back, C. W, "Empirical studies on the entry, growth and exit of small and medium sized enterprises in Korea manufacturing" Seoul National University 2007

47 Uzzi, B., "Embeddedness and Learning : The Case of Bank Loan Managers and Their Clients" 49 (49): 383-400, 2003

48 Romijn, H., "Determinants of Innovation Capability in Small Electronics and Software Firms in Southeast England" 31 : 1053-1067, 2002

49 Leonard-Barton, D., "Core capabilities and core rigidities : a paradox in managing new product development" 13 : 111-126, 1992

50 Zahra, S. A., "Competitive Analysis and New Venture Performance : Understanding the Impact of Strategic Uncertainty and Venture Origin" 27 (27): 1-28, 2002

51 KCCI, "Company Information"

52 Ahuja, G., "Collaboration networks, structural holes and innovation : A longitudinal study" 45 (45): 425-455, 2000

53 ECOS of the Bank of Korea, "Business and Consumer Surveys"

54 Parente. S. L., "Barriers to technology adoption and development" 102 (102): 298-321, 1994

55 AHPEK, "An economic organization representing Mid-size High Potential Enterprise in Korea"

56 AHPEK, "An economic organization representing Mid-size High Potential Enterprise in Korea"

57 Powell, R., "An annotated checklist of West Indian amphibians and reptiles, In Contributions to West Indian herpetology : a tribute to Albert Schwartz" 51-93, 1996

58 Kwak, S. I., "An Empirical Study on the Types of Technological Networking and Innovation Performances in Korean Small and Medium Sized Firms" 20 (20): 51-71, 1998

59 K, S. I., "An Empirical Study on the Types of Technical Networking Innovation Performances in Korean Small and Medium Sized Firms" 20 (20): 51-71, 1998

60 Yam, R. C. M., "An Audit of Technological Innovation Capabilities in Chinese Firms : Some Empirical Finding in Beijing, China" 33 : 1123-1140, 2004

61 Cohen, W. M., "Absorptive capacity : A new perspective on learning and innovation" 35 (35): 128-152, 1990