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The Impact of Financial Support System on Technology Innovation: A Case of Technology Guarantee System in Korea

The Impact of Financial Support System on Technology Innovation: A Case of Technology Guarantee System in Korea;
The Impact of Financial Support System on Technology Innovation: A Case of Technology Guarantee System in Korea

dc.creatorJang, Woo-Seok
dc.creatorChang, Woojin
dc.date2008-04-18
dc.identifierhttps://www.jotmi.org/index.php/GT/article/view/art68
dc.descriptionWe analyzed the impact of financial support system on technological innovation of small and medium manufacturing firms in Korea, with a special interest in technology guarantee system. This was done using a sample of 1,014 Korean manufacturing firms of which 43% were venture companies. Our study provides two important conclusions. First, the result of empirical analysis indicates that financial support systems have a significant influence on both product innovation and process innovation of SMEs in Korea. Second, a more important conclusion of this research is that technology guarantee system impacts on product innovation; however not on process innovation. This result implies that technology guarantee system attaches more importance to technological innovations related with product development than to those related with process enhancement.en-US
dc.descriptionWe analyzed the impact of financial support system on technological innovation of small and medium manufacturing firms in Korea, with a special interest in technology guarantee system. This was done using a sample of 1,014 Korean manufacturing firms of which 43% were venture companies. Our study provides two important conclusions. First, the result of empirical analysis indicates that financial support systems have a significant influence on both product innovation and process innovation of SMEs in Korea. Second, a more important conclusion of this research is that technology guarantee system impacts on product innovation; however not on process innovation. This result implies that technology guarantee system attaches more importance to technological innovations related with product development than to those related with process enhancement.es-ES
dc.descriptionWe analyzed the impact of financial support system on technological innovation of small and medium manufacturing firms in Korea, with a special interest in technology guarantee system. This was done using a sample of 1,014 Korean manufacturing firms of which 43% were venture companies. Our study provides two important conclusions. First, the result of empirical analysis indicates that financial support systems have a significant influence on both product innovation and process innovation of SMEs in Korea. Second, a more important conclusion of this research is that technology guarantee system impacts on product innovation; however not on process innovation. This result implies that technology guarantee system attaches more importance to technological innovations related with product development than to those related with process enhancement.pt-BR
dc.formatapplication/pdf
dc.languageeng
dc.publisherFacultad de Economía y Negocios, Universidad Alberto Hurtadoen-US
dc.relationhttps://www.jotmi.org/index.php/GT/article/view/art68/434
dc.sourceJournal of Technology Management & Innovation; Vol. 3 No. 1 (2008); 10-16en-US
dc.sourceJournal of Technology Management & Innovation; Vol. 3 Núm. 1 (2008); 10-16es-ES
dc.source0718-2724
dc.titleThe Impact of Financial Support System on Technology Innovation: A Case of Technology Guarantee System in Koreaen-US
dc.titleThe Impact of Financial Support System on Technology Innovation: A Case of Technology Guarantee System in Koreaes-ES
dc.titleThe Impact of Financial Support System on Technology Innovation: A Case of Technology Guarantee System in Koreapt-BR
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typeArtículo revisado por paresen-US


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