DOI QR코드

DOI QR Code

IT SME Ventures' External Information Network Diversity and Productivity Improvement : The Mediating Role of the Production Period Reduction

IT 중소벤처기업의 외부 정보 네트워크의 다양성과 생산성 향상 : 생산 기간 단축의 매개적 역할

  • Received : 2017.02.15
  • Accepted : 2017.03.27
  • Published : 2017.03.31

Abstract

This study empirically analyzes the effect of IT SME ventures' external information network diversity on their production period reduction and productivity improvement generated from technology development. This research constructs a mediating model based on the open innovation perspective and tests it with the 138 samples of South Korean IT SME ventures based on the ordinary least squares regression. This research is expected to make a good contribution by shedding a new light on the following three points about the critical role of IT SME ventures' external information network diversity in increasing their production period reduction and productivity improvement generated from technology development which has scarcely been illuminated in the extant studies in the field of the management of technology for SMEs. First, IT SME ventures' external information network diversity positively influences their production period reduction. Second, the external information network diversity positively influences IT SMEs' ventures' productivity improvement. Third, IT SME ventures' production period reduction partially mediates the influence of IT SME ventures' external network diversity on their productivity improvement. These three fresh points are expected to provide useful theoretical and practical implications. Related to the theoretical implication, this research provides a fresh implication that IT SME ventures' external information network diversity positively influences not only their production period reduction but also productivity improvement generated from technology development. Concerning the practical implication, this study suggests that the CEOs in IT SME ventures make strategic efforts to use more diverse external information sources in order to increase their production period reduction and productivity improvement generated from technology development.

Keywords

References

  1. Afuah, A., Innovation Management, Oxford University Press, 2003.
  2. Baron, R.M. and Kenny, D.A., The Moderator-Mediator Variable Distinction in Social Psychological research : Conceptual, Strategic, and Statistical Consideration, Journal of Personality and Social Psychology, 1986, Vol. 51, No. 6, pp. 1173-1182. https://doi.org/10.1037/0022-3514.51.6.1173
  3. Betz, F., Managing Technological Innovation : Competitive Advantage from Change, Wiley, 2011.
  4. Chesbrough, H.W., Open Innovation-The New Imperative for Creating and Profiting from Technology, Harvard Business School Press, 2006.
  5. Chesbrough, H.W., The Era of Open Innovation, MIT Sloan Management Review, 2003, Vol. 44, No. 3, pp. 35-41.
  6. Coelli, T.J., Prasada Rao, D.S., O'Donnell, C.J., and Battese, G.E., An Introduction to Efficiency and Productivity Analysis, Springer, 2005.
  7. Han, N.Y. and Hong, J.B., Impact of Social Capital and Partners Characteristics on the Performance of Joint Technology Development, Journal of the Korean Data Analysis Society, 2016, Vol. 18, No. 1, pp. 305-318.
  8. Han, N.Y., Kang, I.C., and Hong, J.B., A Study on the Performance Determinants Factors of SMEs.Academy Cooperation Joint Technology Development, Journal of the Korean Data Analysis Society, 2015, Vol. 17, No. 1, pp. 253-265.
  9. Hau, Y.S., An Empirical Analysis of the Influence of External Knowledge Network on SMEs' New Technology Development and Technology Commercialization Capabilities in the Perspective of Open Innovation, Journal of Digital Convergence, 2016, Vol. 14, No. 5, pp. 149-156. https://doi.org/10.14400/JDC.2016.14.5.149
  10. Hau, Y.S., External Information Network Diversity and Production Management Capability in IT SMEs in the Age of Digital Convergence : The Mediating Effect of Manufacturing Capability, Journal of Digital Convergence, 2015, Vol. 13, No. 9, pp. 99-104. https://doi.org/10.14400/JDC.2015.13.9.99
  11. Hau, Y.S., SMEs' Process Design and Technology Commercialization Capabilities : The Moderating Role of Testing and Inspection Capability, Journal of the Korean Data Analysis Society, 2016, Vol. 18, No. 3, pp. 1253-1258.
  12. Hau, Y.S., The Impact of SMEs' Strategic Use of the External Information Network for Technology Development on Their Cost Reduction : The Moderating Effect of CEO-Driven Technology Development, Journal of Product Research, 2016, Vol. 34, No. 4, pp. 55-60.
  13. Huston, L. and Sakkab, N., Connect and Develop : Inside Procter and Gambler's New Model for Innovation, Harvard Business Review, 2006, Vol 84, No. 3, pp. 58-66.
  14. Hwang, S.D. and Lee, W.S., The Effects of Strategic Orientation on the Technology Innovation Performances : Mediation Effect of Convergence Capabilities, Journal of the Korean Data Analysis Society, 2016, Vol. 18, No. 3, pp. 1451-1469.
  15. Juntunen, A.T., Sources of Innovation and Success in the Food Service Industry, in SMEs and Open Innovation : Global Cases and Initiatives, edited by Rahman, H. and Ramos, I., IGI Global, 2012, pp. 183-198.
  16. Kim, J., Kim, B., and Kim, C., A Study of Performance Analysis for the Productivity Innovation Partnership Program, Journal of the Korean Society for Quality Management, 2014, Vol. 42, No. 3, pp. 269-278. https://doi.org/10.7469/JKSQM.2014.42.3.269
  17. Krajewski, L.J., Ritzman, L.P., and Malhotra, M.K., Operations Management : Process and Supply Chain, Pearson, 2010.
  18. Metwally, E., Building Innovative Business Ideas in Small Business Enterprises : The Case of Bird ICT Company, in SMEs and Open Innovation : Global Cases and Initiatives, edited by Rahman, H. and Ramos, I., IGI Global, 2012, pp. 46-67.
  19. Rahman, H. and Ramos, I., A Research Model for Open Innovation: Synthesizing Opportunities and Challenges Surrounding SMEs, in SMEs and Open Innovation : Global Cases and Initiatives, edited by Rahman, H. and Ramos, I., IGI Global, 2012, pp. 82-105.
  20. Rahman, H. and Ramos, I., Open Innovation Strategies in SMEs : Development of a Business Model, in SMEs and Open Innovation: Global Cases and Initiatives, edited by Rahman, H. and Ramos, I., IGI Global, 2012, pp. 224-237.
  21. Remon, D., Open Innovation and Organizational Capacities : Case Study of an SME, in SMEs and Open Innovation : Global Cases and Initiatives, edited by Rahman, H. and Ramos, I., IGI Global, 2012, pp. 24-45.
  22. Shin, S. and Lee, M., The Effect of Innovation Activities on Innovation Performance According to the Size of SMEs in the Field of Electronics and Communication Industry, Journal of Society of Korea Industrial and Systems Engineering, 2014, Vol. 37, No. 1, pp. 79-90. https://doi.org/10.11627/jkise.2014.37.1.79
  23. Sobel, M.E. Asymptotic Confidence Intervals for Indirect Effects in Structural Equation Models, Sociological Methodology, 1982, Vol. 13, pp. 290-312. https://doi.org/10.2307/270723
  24. Stevenson, W.J. and Chuong, S.C., Operations Management, McGraw-Hill, 2014.
  25. Trott, P., Innovation Management and New Product Development, Prentice Hall, 2012.
  26. Watson, J., Modeling the Relationship between Networking and Firm Performance, Journal of Business Venturing, 2007, Vol. 22, No. 6, pp. 852-874. https://doi.org/10.1016/j.jbusvent.2006.08.001

Cited by

  1. SMEs' External Technology Collaboration Network Diversity and Productivity Improvement : The Moderating Effect of the Chief Technology Officer-Driven Technology Development vol.40, pp.2, 2017, https://doi.org/10.11627/jkise.2017.40.2.099
  2. SMEs' External Technological Information Network Diversity and Sales Growth : The Mediating Impact of the Productivity Improvement and the Moderating Effect of the Technology Development Driven by CEO vol.15, pp.9, 2017, https://doi.org/10.14400/jdc.2017.15.9.147
  3. The Mediating Effects of the Manufacturing Capability and the Testing and Inspection Capability on the Relation between Small and Medium Venture Firms' External Information Network Heterogeneity and T vol.15, pp.10, 2017, https://doi.org/10.14400/jdc.2017.15.10.233
  4. The Effect of the Exterior R&D Network on the Import Substitution of Small and Medium Venture Firms: The Moderating Impact of Corporate R&D Center vol.15, pp.11, 2017, https://doi.org/10.14400/jdc.2017.15.11.199
  5. SMEs’ External Technology R&D Cooperation Network Diversity and Their Greenhouse Gas Emission Reduction and Energy Saving: A Moderated Mediation Analysis vol.11, pp.1, 2017, https://doi.org/10.3390/su11010115