The effects of R&D cooperation on innovation performance in the knowledge-intensive business services industry: focusing on the moderating effect of the R&D-dedicated labor ratio
- Authors
- Choi, Junhwa; Choi, Jae Young
- Issue Date
- Apr-2021
- Publisher
- ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
- Keywords
- Knowledge-intensive business services (KIBS); innovation performance; R& D cooperation; R& D-dedicated labor ratio
- Citation
- TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, v.33, no.4, pp.396 - 413
- Indexed
- SSCI
SCOPUS
- Journal Title
- TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT
- Volume
- 33
- Number
- 4
- Start Page
- 396
- End Page
- 413
- URI
- https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/142144
- DOI
- 10.1080/09537325.2020.1817366
- ISSN
- 0953-7325
- Abstract
- This study conducted an empirical estimation of the effects of R&D cooperation and the proportion of R&D personnel on the performance of four different kinds of innovation in the two major KIBS industries (t-KIBS andp-KIBS). For the empirical analysis, we used a multivariate probit model with 956 samples from the KIBS industry collected using the officially adopted Korean Innovation Survey of 2016. We found that vertical R&D cooperation had a positive effect on the overall performance in thet-KIBS industry, especially on service and marketing performances. On the other hand, horizontal R&D cooperation (competitor and institutional innovation) had a heterogeneous effect on the innovation of the KIBS industry depending on the type of cooperation. The proportion of R&D-dedicated personnel had a positive effect on service product innovation in thep-KIBS industry, but contrary to expectation, a high proportion of R&D personnel had no positive moderating effect with R&D cooperation in improving innovation performance. On the contrary, a high proportion of R&D personnel combined with institutional cooperation negatively affected the achievement of service innovation.
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