DSpace Community: KAIST Dept. of Business and Technology Management
http://hdl.handle.net/10203/523
KAIST Dept. of Business and Technology Management2024-03-09T10:23:28ZConfigurational paths for SMEs' innovation: focusing on information resources, absorptive capacity, and government support
http://hdl.handle.net/10203/317854
Title: Configurational paths for SMEs' innovation: focusing on information resources, absorptive capacity, and government support
Authors: Park, Youngwook; Chung, Yanghon; Son, Hosung
Abstract: The purpose of this study is to reveal the paths of how absorptive capacity and government support combine for SMEs to create innovation performance based on external information resources. In addition, this study investigates the configurational paths for SMEs' innovation creation depending on their industrial environment by comparing analyses of industry types. This study used data from 1,421 Korean SMEs in the manufacturing sector based on the 2018 Korea Innovation Survey data and conducted a fuzzy-set qualitative comparative analysis (fsQCA). The results show that four product innovation paths and two process innovation paths in the high-tech industry, and six product innovation paths, and four process innovation paths in the low-tech industry exist. This study presents the academic contributions by identifying the configurational paths of the factors based on the resource-based view, dynamic capability, and contingency theory. In addition, it shows that by comparing industry types that reflect technological characteristics, the direction of innovation activities and the path to generating innovation performance vary depending on the business environment to which SMEs belong. Therefore, managers and policy makers must consider the different industrial environments of SMEs when combining external information resources, government support, and internal absorptive capacity to create innovation.2024-02-01T00:00:00ZThe groupwise-pivotal referral auction: Core-selecting referral strategy-proof mechanism
http://hdl.handle.net/10203/317863
Title: The groupwise-pivotal referral auction: Core-selecting referral strategy-proof mechanism
Authors: Jeong, Seungwon (Eugene); Lee, Joosung
Abstract: We introduce the groupwise-pivotal referral (GPR) mechanism for auctions where buyers can participate through referrals. Each buyer's type consists of a valuation and referable buyers. Unlike the second-price auction (SPA), the Vickrey-Clarke-Groves (VCG) mechanism provides referral incentives. However, VCG is not budget-feasible. In contrast, under complete information, GPR is core-selecting, implying efficiency and budget feasibility. Under incomplete information, bidders refer truthfully and have no incentive to underbid in GPR. Furthermore, GPR's ex-post revenue outperforms both VCG and SPA, not just in equilibrium but also when bidders do not use weakly dominated strategies.2024-01-01T00:00:00ZA Note on a Moment Inequality
http://hdl.handle.net/10203/317937
Title: A Note on a Moment Inequality
Authors: Jeong, Seungwon (Eugene)
Abstract: Using Chebyshev's sum inequality, we generalize E[X-2] >= E-2 [X] into a moment inequality with a general combination of moments that compares E[Xr+s] and E[X-r]E[X-s]. We also provide its economic application.2024-01-01T00:00:00ZThe public perception on autonomous vehicles in the sociotechnical systems
http://hdl.handle.net/10203/317208
Title: The public perception on autonomous vehicles in the sociotechnical systems
Authors: Kang, Inje; Yang, Jiseong; Lee, Duk Hee2023-12-08T00:00:00Z