Korea Productivity Association
생산성논집, Vol.32 no.3 (2018)
기술혁신을 위한 R&D투자가 기업의 성과에 미치는 영향 : 나노융합제품 제조 중소기업을 중심으로
By collaborating with the new growth engine fields such as IT(Information Technology), BT(Bio Technology), and ET(Environment Technology), Nanotechnology is expected to dramatically improve the national competitiveness in the industry and significantly improve the structure of the industry. This study analyzes the effect that entire research and development investment made on small and medium-sized businesses that produce NT convergence products and research and development efforts made on Nano related technology have on enterprise performance. Moreover, it also analyzes whether the presence or absence of core business and that of open innovation can be moderating variables for NT convergence products. For this purpose, the study used the panel data gathered from 255 companies from 2012 to 2016 who responded continuously to the “NT Convergence Industry Survey” by the Ministry of Trade, Industry and Energy for the past five years (2013 to 2017), and, in order to increase the accuracy of the survey data, data from Korea enterprise data co. ltd was used, a credit information agency, to verify financial information such as corporate capital and sales, research and development investment cost, and facility investment cost. As a result, the study confirms that, for small and medium-sized businesses that produce NT convergence products, there is a positive relationship between sales of the company and not only the investment made for the enterprise wide technology innovation but also the investment for the Nano related technology innovation. In addition, it also shows that investment in Nano related technology innovation has a positive effect on generating Nano related sales. Moreover, although the analysis has found the presence or absence of core business for NT convergence products to have a moderating effect, in the case of companies that work with NT convergence products as their core business, investment on Nano related technology innovation was found to have a negative effect on the sales. In addition, for the presence or absence of open innovation, the analysis has not found any moderating effect. In other words, Nano related technology investment by small and medium-sized businesses that produce NT convergence products does have an effect on the enterprise performance depending on the presence or absence of core business but does not have a significant relationship on the enterprise performance depending on the presence or absence of open innovation. Policy implications for increasing productivity are suggested based on these findings.