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Open AccessArticle

A Comparative Analysis of Corporate R&D Capability and Innovation: Focused on the Korean Manufacturing Industry

by Jaeseong Kim 1 and Sang Ok Choi 2,*
1
Department of Science and Technology Studies, Korea University, Seoul 02841, Korea
2
Department of Public Administration, Korea University, Seoul 02841, Korea
*
Author to whom correspondence should be addressed.
J. Open Innov. Technol. Mark. Complex. 2020, 6(4), 100; https://doi.org/10.3390/joitmc6040100
Received: 31 July 2020 / Revised: 25 September 2020 / Accepted: 27 September 2020 / Published: 1 October 2020
(This article belongs to the Special Issue Ambidextrous Open Innovation: Technology, Market and Complexity)
In order to improve innovation performance, it is necessary to analyze a series of processes that are connected to innovation performance, as well as R&D input. Since industrial characteristics affect innovation performance, the differences between corporate R&D capabilities in the industrial sector should also be considered. This study verified the effect of R&D capabilities and absorptive capacities on innovation using a structural equation model for Korean manufacturing companies, and analyzed in-depth the relationship between capability and performance of high- and low-tech sectors through multi-group analysis. The results show that internal and external R&D capabilities had a positive effect on absorptive capacities, and potential absorptive capability had a positive effect on realized absorptive capacity. In addition, internal R&D capability and realized absorptive capacity had a positive effect on innovation, and the mediating effect of absorption capacities could be identified. As a result of industry sector-specific analysis, the latent mean of internal R&D capability and innovation of the high-tech sector were higher, and the path coefficient of the high-tech sector from the internal R&D capability to potential absorptive capacity and innovation performance was more strongly identified than those of the low-tech sector. Based on the results of this study, we would like to present policies for the development of firm’s R&D capabilities by the industry sector. View Full-Text
Keywords: R& D capability; absorptive capacity; innovation; industry sector; multi-group analysis R& D capability; absorptive capacity; innovation; industry sector; multi-group analysis
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Kim, J.; Choi, S.O. A Comparative Analysis of Corporate R&D Capability and Innovation: Focused on the Korean Manufacturing Industry. J. Open Innov. Technol. Mark. Complex. 2020, 6, 100.

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