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The effect of external search on innovation performance and speed : 외부지식의 탐색이 혁신성과와 혁신속도에 미치는 영향
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- Authors
- Advisor
- 이동기
- Major
- 경영대학 경영학과
- Issue Date
- 2015-08
- Publisher
- 서울대학교 대학원
- Keywords
- open innovation ; external search ; innovation performance ; innovation speed
- Description
- 학위논문 (석사)-- 서울대학교 대학원 : 경영학과 국제경영전공, 2015. 8. 이동기.
- Abstract
- Since Chesbrough (2003) brought up the idea of open innovation, many firms have used open search strategy. This paper tries to examine the effect of external search on innovation performance and speed. Based on Korean Innovation Survey (KIS) of 1353 manufacturing firms in Korea, I find that searching deeply from external sources is positively related to radical innovation performance. In contrast, searching broadly from external sources is positively related to incremental innovation performance. In addition, search breadth is negatively related to innovation speed. These findings implicate that aligning open search strategy with a firms goal is important. In other words, searching deeply or broadly may depend on whether the firm intends to introduce new to world products or new to firm products. Also, firms should consider innovation speed in applying search strategy.
- Language
- English
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