Comparative Analysis of R&D-Based Innovation Capabilities in SMEs to Design Innovation Policy

Chanwoo Cho, Sun Young Park, Jong Ku Son and Sungjoo Lee

Science and Public Policy, 2017, vol. 44, issue 3, 403-416

Abstract: This study suggests a novel approach to assessing research and development (R&D) innovation capabilities and devises solutions to support the strengthening innovation capabilities of technology-based SMEs. An assessment framework is developed using top-down and bottom-up approaches simultaneously to identify the critical capabilities required for R&D-based innovation in small and medium-sized enterprises (SMEs). The data envelopment analysis (DEA) is adopted as a method for the assessment of capabilities, and the suggested approach is applied to Korean SMEs to verify its feasibility. The assessment results indicate that different types of core R&D-based innovation capabilities can be identified based on a comparative analysis of SMEs. These findings can help understand SMEs’ innovation capabilities and are expected to be used widely in practices to support SMEs’ innovation activities.

Keywords: innovation capabilities; decision analysis; SMEs; DEA; Korea (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1093/scipol/scw073 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:scippl:v:44:y:2017:i:3:p:403-416.

Access Statistics for this article

Science and Public Policy is currently edited by Nicoletta Corrocher, Jeong-Dong Lee, Mireille Matt and Nicholas Vonortas

More articles in Science and Public Policy from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().