외부지식의 탐색이 혁신성과와 혁신속도에 미치는 영향The Effect of External Search on Innovation Performance and Speed
- Other Titles
- The Effect of External Search on Innovation Performance and Speed
- Authors
- 황지은; 노태우
- Issue Date
- 2015
- Publisher
- 한국중소기업학회
- Keywords
- Open Innovation; External Search; Innovation Performance; Innovation Speed; 개방혁신; 외부지식의 탐색; 혁신성과; 혁신속도
- Citation
- 기업가정신과 벤처연구, v.18, no.4, pp.15 - 31
- Journal Title
- 기업가정신과 벤처연구
- Volume
- 18
- Number
- 4
- Start Page
- 15
- End Page
- 31
- URI
- https://scholarworks.bwise.kr/sch/handle/2021.sw.sch/11109
- ISSN
- 1738-2599
- Abstract
- Since Chesbrough (2003) brought up the idea of “open innovation”, many firms have used open search strategy. This paper tries to examine the effect of external search on innovation performance and speed in SMEs. Based on Korean Innovation Survey (KIS) of 1353 SMEs of manufacturing firms in Korea, we find that searching deeply from external sources is positively related to radical innovation performance. In contrast, searching broadly from external sources is positively related to incremental innovation performance. In addition, search breadth is negatively related to innovation speed. These findings implicate that aligning open search strategy with a firm’s goal is important. In other words, searching deeply or broadly may depend on whether the firm intends to introduce “new to world” products or “new to firm” products. Also, firms should consider innovation speed in applying search strategy.
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