Post-Catch-Up Strategy for Medium-Sized South Korean Firms: Improving Technological Capabilities by Balancing R&D Intensity and Open Innovation

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This study examines how R&D intensity and open innovation affect the technological capabilities of firms in newly-developed countries, such as South Korea. East Asian latecomers are transitioning from a catch-up phase toward becoming leaders, and they are engaging in open innovation activities to drive this transition. This research quantitatively analyzes three kinds of open innovation activities-outside-in, inside-out, and coupled-to investigate their influence upon technological capabilities, while also considering the effect of R&D intensity. Data from 75 South Korean medium-sized firms were analyzed, and two major findings are reported. First, technological capabilities are enhanced by some open innovation activities and by R&D intensity. Second, R&D intensity negatively moderates the impact of open innovation activities on technological capabilities. Therefore, it may be concluded that firms with relatively low R&D intensity will gain the most benefit from increasing their open innovation activities
Publisher
TAYLOR & FRANCIS LTD
Issue Date
2015
Language
English
Article Type
Article
Keywords

ABSORPTIVE-CAPACITY; KNOWLEDGE TRANSFER; PERFORMANCE; ALLIANCES; INDUSTRIES; PERSPECTIVE; COMPLEXITY; PROTECTION; NETWORKS; MODEL

Citation

ENGINEERING MANAGEMENT JOURNAL, v.27, no.4, pp.164 - 176

ISSN
1042-9247
DOI
10.1080/10429247.2015.1100931
URI
http://hdl.handle.net/10203/210205
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