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How knowledge flow affects Korean ICT manufacturing firm performance: A focus on open innovation strategy

Authors
Kim, SeungminKim, HongbumKim, Eungdo
Issue Date
Nov-2016
Publisher
Carfax Publishing Ltd.
Keywords
Open innovation strategy; knowledge flow; exploration and exploitation strategy; patent citation; firm performance
Citation
Technology Analysis and Strategic Management, v.28, no.10, pp 1167 - 1181
Pages
15
Journal Title
Technology Analysis and Strategic Management
Volume
28
Number
10
Start Page
1167
End Page
1181
URI
https://scholarworks.bwise.kr/gachon/handle/2020.sw.gachon/84525
DOI
10.1080/09537325.2016.1182150
ISSN
0953-7325
Abstract
The paper presents an integrated viewpoint of technological innovation strategy by considering both the firm and industry levels. Further, we provide a new open innovation framework by adopting a knowledge flow perspective using patent citation information. Finally, we consider a firm's outbound open innovation performance using cites per patent information together with financial performance to look at both the practical and the potential effects of technological innovation strategy. Through these analyses, this study examines determinants of open technology innovation activity in the information and communication technology manufacturing industry in Korea and draws managerial and policy implications for effective industry promotion and improvement of technology innovation capability.
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