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The Study on the Performance and Determinants of Product Innovation in Machinery Industry
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기계산업의 제품혁신 성과 및 결정요인에 관한 연구

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Type
Academic journal
Author
Kang Ho Bong (건국대학교) June Young Park (한성정공) Jaemin Park (건국대학교)
Journal
Korea Academy Industrial Cooperation Society Journal of the Korea Academia-Industrial cooperation Society Vol.19 No.9 KCI Accredited Journals
Published
2018.9
Pages
427 - 434 (8page)

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The Study on the Performance and Determinants of Product Innovation in Machinery Industry
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Abstract· Keywords

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As noted by Pavitt (1984) and Malerbar (2002), previous studies have focused on identifying differences in industry characteristics between the machinery industry and other manufacturing industries. This study considered quantitative and qualitative aspects of performance of product innovation in analyzing what factors determine those outcomes. In particular, this study examined stepwise selection processes embedded in innovation activities by applying a hurdle negative binomial model as well as the Heckman two-step selection model. Results show that factors affecting performance improvement and patents differ, and the threshold effect and the intensity effect of innovation were also distinguished. These results imply that the R&D capability should be enhanced and external innovation is required to be effectively embodied in the organization. Furthermore, motivating employees plays a pivotal role in this technology and skill-intensive sector.
#Machinery Industry #Product Innovation #Determinant #Innovation Performance #Technological Innovation

Contents

요약
Abstract
1. 서론
2. 이론적 배경
3. 연구방법
4. 연구결과
5. 결론
References

References (30)

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S. K. Lee, K. C. Lim, J. G. Seo, An Analysis on Competitiveness of Machinery in Daegu Metropolitan City, Journal of Industrial Economics and Business, Vol.29, No.4, pp. 1345-1365, Aug, 2016. K. R. Lee, The Patterns of Technological Innovation in Korean Machinery Industry, Science and Technology Policy, Vol.63, pp. 4-19, Jun, 1994. K. Pavitt, “Sectoral Patterns of Technical Change: Towards a Taxonomy and a Theory”, Research Policy, Vol.13, No.6, pp. 343-373, Dec., 1984. DOI: https://doi.org/10.1016/0048-7333(84)90018-0 F. Malerba, “Sectoral Systems of Innovation and Production, Research Policy, Vol.31, No.2, pp. 247-264, Feb., 2002. DOI: https://doi.org/10.1016/S0048-7333(01)00139-1 M. S. Freel, Sectoral Patterns of Small Firm Innovation, Networking and Proximity, Research Policy, Vol.32, No.5, pp. 751-770, May, 2003. DOI: https://doi.org/10.1016/S0048-7333(02)00084-7

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