본문 바로가기
KERD
논문KCI 등재

The Effects of Technological Capabilities and Entrepreneurship on Technological Innovation of Technology-based Start-ups in Korea

0

조회

0

다운로드

0

인용

0

참고문헌

키워드

주제분류기술정책

초록

This paper analyses how technological capabilities and entrepreneurship of technology-based start-ups affect their performance. In this paper, a multiple regression analysis was conducted on 248 technology-based start-ups. The effects of indicators of technological capacity like R&D intensity, R&D organization, technology competitiveness, patents, and certification were analyzed. Factors affecting sales were R&D intensity and technological competitiveness. Technology competitiveness and patents were the significant factors influencing product competitiveness. The factor that positively influenced organizational performance, customer performance, and achievement of start-up goals was technological competitiveness. The results of such an analysis should be designed to discover and foster long-term innovation potential, rather than relying on short-term financial performance.

Abstract

This paper analyses how technological capabilities and entrepreneurship of technology-based start-ups affect their performance. In this paper, a multiple regression analysis was conducted on 248 technology-based start-ups. The effects of indicators of technological capacity like R&D intensity, R&D organization, technology competitiveness, patents, and certification were analyzed. Factors affecting sales were R&D intensity and technological competitiveness. Technology competitiveness and patents were the significant factors influencing product competitiveness. The factor that positively influenced organizational performance, customer performance, and achievement of start-up goals was technological competitiveness. The results of such an analysis should be designed to discover and foster long-term innovation potential, rather than relying on short-term financial performance.

참고문헌 (47)

  1. Acha, V., "The Role of Technological Capabilities in Determining Performance:The Case of the Upstream Petroleum Industry", The DRUID Conference on Industrial Dynamics (2000)
  2. Archibugi, D., "Measuring Technological Change through Patents and Innovation Surveys", Technovation, 16(9), pp.451~468 (1996)
  3. Bettis, R. A., "The New Competitive Landscape", Strategic Management Journal, 16(S1), pp.7~20 (1995)
  4. Chandler, G. N., "Market Attractiveness, Resource-based Capabilities, Venture Strategies, and Venture Performance", Journal of Business Venturing, 9(4), pp.331~349 (1994)
  5. Cohen, W., "Absorptive Capacity : A New Perspective on Learning and Innovation", Administrative Science Quarterly, 35(1), pp.128~152 (1990)
  6. Coombs, J. E., "Measuring Technological Capability and Performance", R&D Management, 36(4), pp.421~438 (2006)
  7. Cooper, A. C., "The Founding of Technologically-based Firms" (1971), The Center for Venture Management
  8. Deeds, D. L., "The Role of R&D Intensity, Technical Development and Absorptive Capacity in Creating Entrepreneurial Wealth in High Technology Startups", Journal of Engineering and Technology Management, 18(1), pp.29~47 (2001)
  9. Deeds, D. L., "Firm-specific Resources and Wealth Creation in High-technology Ventures : Evidence from Newly Public Biotechnology Firms", Entrepreneurship Theory and Practice, 22(3), pp.55~73 (1998)
  10. Doutriaux, J., "High-Tech Start-Ups, Better Off with Government Contracts than with Subsidies : New Evidence in Canada", IEEE Transaction on Engineering Management, 38(2), pp.127~135 (1991)
  11. Global Entrepreneurship Monitor, , GEM, ~ (2008)
  12. Global Entrepreneurship Monitor, , GEM, ~ (2013)
  13. Global Entrepreneurship Monitor, , GEM, ~ (2018)
  14. Hall, L., "A Study of R&D, Innovation, and Business Performance in the Canadian Biotechnology Industry", Technovation, 22(4), pp.231~244 (2002)
  15. Hamel, G., "The Core Competence of the Corporation", Harvard Business Review, pp.122~128 (1994)
  16. Helms, M. M., "Competitive Strategies and Business Performance : Evidence from the Adhesives and Sealants Industry", Management Decision, 35(9), pp.689~703 (1997)
  17. Henderson, R. M., "Architectural Innovation : The Reconfiguration of Existing Product Technologies and the Failure of Established Firms", Administrative Science Quarterly, 35(1), pp.9~31 (1990)
  18. World Economic Outlook: Global Manufacturing Downturn, Rising Trade Barriers, "International monetary fund", ~ (2019)
  19. Kaplan, R. S., "The Balanced Scorecard: Translating Strategy into Action" (1996), Harvard Business School Press
  20. Khirallah, K., "Customer Relation Management : How to Measure Success?", Bank Accounting & Finance, 13(4), pp.21~28 (2000)
  21. Kim, C. K., "Analysis of factors influencing the early performance of technologybased start-ups", Doctoral, pp.2015
  22. Kim, Juil, "effect of innovation activity and governmental support on innovation performance : comparison between innovative SMEs and general companies", Master’s, pp.2014
  23. Kim, L., "Building Technological Capability for Industrialization : Analytical Frameworks and Korea’s Experience", Industrial and Corporate Change, 8(1), pp.111~136 (1999)
  24. Kogut, B., "What Firms Do? Coordination, Identity, and Learning", Organization Science, 7(5), pp.502~518 (1995)
  25. Kohli, A. K., "Market Orientation : The Construct, Research, Propositions, and Managerial Implications", Journal of Marketing, 54(2), pp.1~18 (1990)
  26. Korea Business Incubation Association, "Technology-based start-up guide", ~ (2015)
  27. Korea Content Media, "Korea SMTp 2017", ~ (2016)
  28. 권미영, "기업가, 기술 및 네트워크 특성이 기술창업기업의 성과에 미치는 영향", 벤처창업연구, 7(1), pp.7~18 (2012), 한국벤처창업학회[DOI]
  29. Lee, C., "Internal Capabilities, External Networks, and Performance: A Study on Tech. Based Ventures", Strategic Management Journal, 22(6-7), pp.615~640 (2001)
  30. Low, M. B., "Entrepreneurship : Past Research and Future Challenges", Journal of Management, 14(2), pp.139~161 (1988)
  31. Miller, D., "The Resource-Based View of the Firm in Two Environments : The Hollywood Film Studios from 1936 to 1965", Academy of Management Journal, 39(3), pp.519~543 (1996)
  32. Park, S. G., "The effects of the perceived usefulness of government SME R&D support policy on the technology innovation system", Doctoral, pp.2014
  33. Park, S. J., "A study on determinants of the performance of technology venture", Master’s, pp.2010
  34. Phillips, P. A., "Strategic Planning and Business Performance in the Quoted UK Hotel Sector : Results of an Exploratory Study", International Journal of Hospitality Management, 15(4), pp.347~362 (1996)
  35. Reichert, F. M., "Technological Capability and Firm Performance", Journal of Technology Management & Innovation, 9(4), pp.20~35 (2014)
  36. Robinson, R. B. Jr., "Product Life-Cycle Considerations and the Nature of Strategic Activities in Entrepreneurial Firms", Journal of Business Venturing, 1(2), pp.207~224 (1986)
  37. Romanelli, E., "Environments and Strategies of Organization Start-up : Effects on Early Survival", Administrative Science Quarterly, 34(3), pp.369~387 (1989)
  38. Rothwell, R., "Innovation and the Small and Medium Sized Firm" (1982), Frances Pinter
  39. Schoenecker, T., "Indicators of Firm Technological Capability : Validity and Performance Implications", IEEE Transactions of Engineering Management, 49(1), pp.36~44 (2002)
  40. Schumpeter, J. A., "Capitalism, Socialism, and Democracy" (1934), Harper &Row
  41. Shin, Y., "Effects of technology based entrepreneur’s characteristics on business performance", Master’s, pp.2011
  42. Shrader, R. C., "Corporate Versus Independent New Ventures : Resource, Strategy and Performance Differences", Journal of Business Venturing, 12(1), pp.47~66 (1997)
  43. Survey on the Establishment of Establishment in 2015, "Small and Medium Business Administration, Business Development Agency", ~ (2016)
  44. Stearns, T. M., "New Firm Survival : Industry, Strategy, and Location", Journal of Business Venturing, 10(1), pp.23~42 (1995)
  45. Tsai, K., "The Impact of Technological Capability on Firm Performance in Taiwan’s Electronics Industry", Journal of High Technology Management Research, 15(2), pp.183~195 (2004)
  46. Tushman, M. L., "Technological Discontinuities and Organizational Environments", Administrative Science Quarterly, 31(3), pp.439~465 (1986)
  47. Zahra, S. A., "Technology Strategy and New Venture Performance : A Study of Corporate-sponsored and Independent Biotechnology Ventures", Journal of Business Venture, 11(4), pp.289~321 (1996)

관련 논문AI추천

이 간행물의 다른 논문 (6건)