정부지원제도와 기업성과 간의 관계에서 혁신성과의 매개효과와 디지털전환 대응수준의 조절효과 검증 = Analyzing the Impact of Government Support on Business Performance: Innovation Performance as a Mediator and Digital Transformation Responsiveness as a Moderator

다국어 초록 (Multilingual Abstract)

This study examines the mechanism through which government support influences firm performance by integrating the Resource-Based View (RBV) and Dynamic Capability Theory (DCT) into a complementary analytical framework. Government support is conceptualized as an external strategic resource input that expands a firm's resource base, while innovation performance represents the internal transformation of these resources into value-generating outcomes. Drawing on this theoretical foundation, the study investigates whether government support enhances firm performance directly and indirectly through innovation performance, and whether a firm’s digital transformation capability conditions this relationship.
Using data from the 2022 Korean Innovation Survey of 4,000 manufacturing firms, the empirical analysis employs hierarchical regression models to test the proposed structural relationships. The findings reveal three major results. First, government support has a significant positive effect on both innovation performance and firm performance. Second, innovation performance mediates the relationship between government support and firm performance, demonstrating that the effect of external public resources is transmitted through firms’ internal resource-transformation processes. Third, contrary to expectations, digital transformation capability exerts a significant negative moderating effect on the link between government support and innovation performance, suggesting that firms with higher digital maturity may rely less on generalized public support or experience limited marginal benefits from external resources.
These findings contribute theoretically by demonstrating the explanatory value of the RBV–DCT complementary framework in capturing the multi-stage pathway from external resource input to organizational outcomes. Practically, the study underscores the need for capability-oriented and stage-specific policy design, as well as firm-level strategies that integrate public support with internal innovation and digital capability development.