Organizational composition and R&D performance in Korea Science and Technology Government-funded Research InstitutesOrganizational composition and R&D performance in Korea Science and Technology Government-funded Research Institutes
- Other Titles
- Organizational composition and R&D performance in Korea Science and Technology Government-funded Research Institutes
- Authors
- 한상연; 김승태; 곽규태
- Issue Date
- 2019
- Publisher
- 한국혁신학회
- Keywords
- Government-funded research institutes; GFRIs; R& D; Organizational composition; Absorptive capacity; Government policy
- Citation
- 한국혁신학회지, v.14, no.2, pp.159 - 185
- Journal Title
- 한국혁신학회지
- Volume
- 14
- Number
- 2
- Start Page
- 159
- End Page
- 185
- URI
- https://scholarworks.bwise.kr/sch/handle/2021.sw.sch/5171
- DOI
- 10.46251/INNOS.2019.05.14.2.159
- ISSN
- 2005-971X
- Abstract
- This study used a resource-based view to analyse the effects of organizational composition on the R&D performance of science and technology government-funded research institutes (GFRIs). We assumed that the composition of each GFRI would eventually be regarded as absorptive capacity and act as a interaction effect variable between R&D investment and performance. We used a panel generalized least squares (GLS) model with fixed effects to analyse panel data from 115 Korean GFRIs between 2011 and 2015. Our findings show that R&D investment of GFRIs has a direct and positive effect on performance. We also analysed how organizational composition can interact the effect of R&D investment on performance. The findings provide evidence that organizational composition plays a moderating role between R&D investment and performance. Finally, this study discusses policy implications, its limitations, and also highlights future research directions.
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