ON THE CHARACTERISTICS OF INNOVATIVE FIRMS IN KOREA: THE ROLE OF R&D AND INNOVATION TYPE

Yong-Tae Park (), Chul-Hyun Kim and Ji-Hyo Lee
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Yong-Tae Park: Seoul National University (SNU), Department of Industrial Engineering, School of Engineering, San 56-1, Shillim-Dong, Kwanak-Gu, Seoul 151-742, Korea
Chul-Hyun Kim: Seoul National University (SNU), Department of Industrial Engineering, School of Engineering, San 56-1, Shillim-Dong, Kwanak-Gu, Seoul 151-742, Korea
Ji-Hyo Lee: Seoul National University (SNU), Department of Industrial Engineering, School of Engineering, San 56-1, Shillim-Dong, Kwanak-Gu, Seoul 151-742, Korea

International Journal of Innovation Management (ijim), 1999, vol. 03, issue 01, 111-131

Abstract: In spite of the recent extension of our knowledge on technological innovation, little inquiry has been made of the distinctive characteristics between R&D firms and non-R&D firms, as well as between product-innovative firms and process-innovative firms. To this end, the main objective of this empirical study, grounded on a large-scale innovation survey of Korean manufacturing firms, is to contrast these two types of firms. The results were mixed. Some hypotheses were confirmed while others were discordant with expectation. By and large, R&D firms and product-innovative firms seem to share a similar propensity, whereas non-R&D firms and process-innovative firms are alike in character. However, there were some unexpected findings which merit attention and are worthy of in-depth examination. Although the study is subject to limitations in terms of its research design and data gathering, the results render some important policy implications. Furthermore, comparative analyses between different types of innovations need to be addressed more extensively in future research.

Keywords: R&D firms versus non-R&D firms; product-innovative firms versus process-innovative firms; comparative study (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1142/S1363919699000062

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