The Impact of Outer R&D Knowledge Network on SMEs’ Sales Growth: The Mediating Effect of Diversification into New Business Field
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The goal of this study is to empirically look into what effect the outer research and development (R&D) knowledge network of small and medium-sized enterprises (SMEs) has on their sales growth and diversification into new business field. Outer R&D knowledge network is of importance to increasing the competitiveness of SMEs through technological innovation. But, relevant prior studies show the limitations that they hardly explored the mediating effect of SMEs diversification into new business field in the relationship between their outer R&D knowledge network and sales growth and they have scarcely answered which outer R&D knowledge network, outer R&D collaboration network or R&D information network, has a more positive impact on their sales growth. Therefore, this study reveals the following four points by analyzing the 2,200 data of South Korea SMEs. First, SMEs’ diversification into new business field partially mediates the positive impact of their outer R&D collaboration network diversity on their sales growth. Second, SMEs’ diversification into new business field partially mediates the positive impact of their outer R&D information network diversity on their sales growth. Third, SMEs’ outer R&D information network diversity has a more positive effect on their sales growth than their R&D collaboration network diversity has. Fourth, SMEs’ outer R&D collaboration network diversity has a more positive effect on their diversification into new business field than their outer R&D information network diversity has.
Abstract
The goal of this study is to empirically look into what effect the outer research and development (R&D) knowledge network of small and medium-sized enterprises (SMEs) has on their sales growth and diversification into new business field. Outer R&D knowledge network is of importance to increasing the competitiveness of SMEs through technological innovation. But, relevant prior studies show the limitations that they hardly explored the mediating effect of SMEs diversification into new business field in the relationship between their outer R&D knowledge network and sales growth and they have scarcely answered which outer R&D knowledge network, outer R&D collaboration network or R&D information network, has a more positive impact on their sales growth. Therefore, this study reveals the following four points by analyzing the 2,200 data of South Korea SMEs. First, SMEs’ diversification into new business field partially mediates the positive impact of their outer R&D collaboration network diversity on their sales growth. Second, SMEs’ diversification into new business field partially mediates the positive impact of their outer R&D information network diversity on their sales growth. Third, SMEs’ outer R&D information network diversity has a more positive effect on their sales growth than their R&D collaboration network diversity has. Fourth, SMEs’ outer R&D collaboration network diversity has a more positive effect on their diversification into new business field than their outer R&D information network diversity has.
참고문헌 (28)
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