초록

What determines the innovation performance of firms? Despite previous academic efforts to examine the distinctive factors affecting firms' innovation in manufacturing industry, determinants of firms' innovation in service industry has rarely been analysed. This paper seeks to address this question in the context of Korean service industry by applying the resource based and industrial organization perspectives. Empirical evidence based on 2006 Korean Innovation Survey (KIS) dataset suggests that the industrial competition intensity, government support system, firm's sales and R&D activity play an important role in service innovation. In addition, we find that industrial R&D activity, firm's sales and R&D activity have positive effects on process innovation. The findings of our paper have significant relevance to innovation strategy of firm in Korean service industry which are in the process of building indigenous capabilities for innovation.

키워드

Service innovation, Process innovation, Innovation strategy

참고문헌(50)open

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