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On The Characteristics Of Innovative Firms In Korea: The Role Of R&D And Innovation Type

Author

Listed:
  • YONG-TAE PARK

    (Seoul National University (SNU), Department of Industrial Engineering, School of Engineering, San 56-1, Shillim-Dong, Kwanak-Gu, Seoul 151-742, Korea)

  • CHUL-HYUN KIM

    (Seoul National University (SNU), Department of Industrial Engineering, School of Engineering, San 56-1, Shillim-Dong, Kwanak-Gu, Seoul 151-742, Korea)

  • JI-HYO LEE

    (Seoul National University (SNU), Department of Industrial Engineering, School of Engineering, San 56-1, Shillim-Dong, Kwanak-Gu, Seoul 151-742, Korea)

Abstract

In spite of the recent extension of our knowledge on technological innovation, little inquiry has been made of the distinctive characteristics between R&D firms and non-R&D firms, as well as between product-innovative firms and process-innovative firms. To this end, the main objective of this empirical study, grounded on a large-scale innovation survey of Korean manufacturing firms, is to contrast these two types of firms. The results were mixed. Some hypotheses were confirmed while others were discordant with expectation. By and large, R&D firms and product-innovative firms seem to share a similar propensity, whereas non-R&D firms and process-innovative firms are alike in character. However, there were some unexpected findings which merit attention and are worthy of in-depth examination. Although the study is subject to limitations in terms of its research design and data gathering, the results render some important policy implications. Furthermore, comparative analyses between different types of innovations need to be addressed more extensively in future research.

Suggested Citation

  • Yong-Tae Park & Chul-Hyun Kim & Ji-Hyo Lee, 1999. "On The Characteristics Of Innovative Firms In Korea: The Role Of R&D And Innovation Type," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 111-131.
    • Handle: RePEc:wsi:ijimxx:v:03:y:1999:i:01:n:s1363919699000062
    DOI: 10.1142/S1363919699000062
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    Cited by:

    1. Christian Le Bas & Nicolas Poussing, 2014. "Are Complex Innovators More Persistent Than Single Innovators? An Empirical Analysis Of Innovation Persistence Drivers," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-21.
    2. Josè L. González-Pernia & Ferran Vendrell-Herrero, 2011. "Does the intensity in R&D generate start-up's growth?," ERSA conference papers ersa10p483, European Regional Science Association.
    3. Ferran Vendrell Herrero & José Luis González Pernía, 2010. "Does the intensity in R&D generate start-up’s growth?," Working Papers 2010R05, Orkestra - Basque Institute of Competitiveness.

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