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논문 기본 정보

자료유형
학술저널
저자정보
허용석 (영남대학교)
저널정보
한국상품학회 상품학연구 상품학연구 제33권 제5호
발행연도
2015.1
수록면
75 - 80 (6page)

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In order to increase the effectiveness of technology R&D investment, it is essential for Korean small and medium sized-enterprises (SMEs) in the information technology (IT) sector to have good knowledge about the impacts of their internal and external technology R&D investments on their success in technology development. Accordingly, this research empirically analyzed the respective impacts of Korean IT SMEs' internal and external technology R&D investments on their success in technology development and compared their effect sizes. The statistical analysis results of this study by using the Cobb-Douglas type innovation production function and 310 samples collected from Korean IT SMEs have presented the following findings which prior studies on SMEs' R&D investment have not shed enough light on so far. First, both internal and external technology R&D investments have positive impacts on Korean IT SMEs' success in technology development. Second, The effect of the internal technology R&D investment is about twice larger than the effect of the external technology R&D investment on Korean IT SMEs' success in technology development. Third, Korean IT SMEs' Cobb-Douglas type innovation production function shows the decreasing return to scale. Based on these findings, this research provides new meaningful academic and practical implications for scholars and CEOs in Korean IT SMEs.

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