DIMINISHING RETURNS TO R&D INVESTMENT ON INNOVATION IN MANUFACTURING SMEs: DO THE TECHNOLOGICAL INTENSITY OF INDUSTRY MATTER?
DC Field | Value | Language |
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dc.contributor.author | Kim, Konshik | - |
dc.date.available | 2021-03-17T08:42:10Z | - |
dc.date.created | 2020-07-06 | - |
dc.date.issued | 2018-10 | - |
dc.identifier.issn | 1363-9196 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/hongik/handle/2020.sw.hongik/12997 | - |
dc.description.abstract | This paper examined the nonlinear R&D-innovation relationships of SMEs (small and medium-sized enterprises) and the differences in the strength and productivity of R&D investment between low-, medium-, and high-tech industry sectors. Using 2740 firm data in South Korea, this study found that R&D investment has an inverted U-shaped relationship with registered patents such that patents increase at a decreasing rate as R&D investment increases. The relationship between R&D investment and innovative sales resulting from R&D investment in manufacturing SMEs also exhibits an inverted U-shaped form. The R&D-innovation relationship of SMEs in high-tech sectors is more strengthened such that the optimal level of R&D investment in high-tech sectors is higher than those for SMEs in low-tech sectors. This study also demonstrated that the R&D-innovation relationship for high-tech sectors is more flattened so that the diminishing returns to R&D investment is weakened with the increase of technological intensity of industry sectors. | - |
dc.language | 영어 | - |
dc.language.iso | en | - |
dc.publisher | WORLD SCIENTIFIC PUBL CO PTE LTD | - |
dc.subject | ABSORPTIVE-CAPACITY | - |
dc.subject | SMALL FIRMS | - |
dc.subject | EMPIRICAL-ANALYSIS | - |
dc.subject | PHARMACEUTICAL-INDUSTRY | - |
dc.subject | SCHUMPETERIAN PATTERNS | - |
dc.subject | DEVELOPMENT PROJECTS | - |
dc.subject | PRODUCT INNOVATION | - |
dc.subject | SECTORAL PATTERNS | - |
dc.subject | PERFORMANCE | - |
dc.subject | KNOWLEDGE | - |
dc.title | DIMINISHING RETURNS TO R&D INVESTMENT ON INNOVATION IN MANUFACTURING SMEs: DO THE TECHNOLOGICAL INTENSITY OF INDUSTRY MATTER? | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Kim, Konshik | - |
dc.identifier.doi | 10.1142/S1363919618500561 | - |
dc.identifier.scopusid | 2-s2.0-85040230993 | - |
dc.identifier.wosid | 000446448800004 | - |
dc.identifier.bibliographicCitation | INTERNATIONAL JOURNAL OF INNOVATION MANAGEMENT, v.22, no.7 | - |
dc.relation.isPartOf | INTERNATIONAL JOURNAL OF INNOVATION MANAGEMENT | - |
dc.citation.title | INTERNATIONAL JOURNAL OF INNOVATION MANAGEMENT | - |
dc.citation.volume | 22 | - |
dc.citation.number | 7 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | scopus | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Management | - |
dc.subject.keywordPlus | ABSORPTIVE-CAPACITY | - |
dc.subject.keywordPlus | SMALL FIRMS | - |
dc.subject.keywordPlus | EMPIRICAL-ANALYSIS | - |
dc.subject.keywordPlus | PHARMACEUTICAL-INDUSTRY | - |
dc.subject.keywordPlus | SCHUMPETERIAN PATTERNS | - |
dc.subject.keywordPlus | DEVELOPMENT PROJECTS | - |
dc.subject.keywordPlus | PRODUCT INNOVATION | - |
dc.subject.keywordPlus | SECTORAL PATTERNS | - |
dc.subject.keywordPlus | PERFORMANCE | - |
dc.subject.keywordPlus | KNOWLEDGE | - |
dc.subject.keywordAuthor | Diminishing returns to R& | - |
dc.subject.keywordAuthor | D investment | - |
dc.subject.keywordAuthor | manufacturing SMEs | - |
dc.subject.keywordAuthor | the technological intensity of industry sectors | - |
dc.subject.keywordAuthor | inverted U-shaped form | - |
dc.subject.keywordAuthor | invention | - |
dc.subject.keywordAuthor | innovation | - |
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