Advanced SearchSearch Tips
A Study on Commercialization Performance by the Level of Technology Management Activity and Technology Innovation Competency: Focused on Government Funded R&D Project for Start-up SMEs
facebook(new window)  Pirnt(new window) E-mail(new window) Excel Download
 Title & Authors
A Study on Commercialization Performance by the Level of Technology Management Activity and Technology Innovation Competency: Focused on Government Funded R&D Project for Start-up SMEs
Cho, Ki-Young; Baek, Nak-Ki; Chang, Youngsoon;
  PDF(new window)
This study analyzes the business performance of research and development(R&D) and especially studies the effect of technology management activity and technology innovation competency on commercialization performance. According to previous studies, the technology management activity can be composed of technological innovativeness, analysis of market, R&D method, and appropriateness for commercialization plan. Also, the technology innovation can be divided into patent, R&D manpower, R&D investment ratio, production capability, and marketing capability. On the result of the analysis, all the components of technology management activity are positively related with commercialization performance. In case of technology innovation competency, however, only production and marketing capabilities have influence on the business performance. Especially, marketing capability controls the effect of technology management activities on the commercialization performance. Consequently, technology management is very important activity for SMEs to succeed commercialization and SMEs should collaborate with production and marketing departments from the early stage of R&D.
Technology management;technology innovation;commercialization performance;
 Cited by
Aw, B-Y. and Batra, G.(1998), "Technological capability and firm efficiency." World Bank Economic Review, 12:59-79. crossref(new window)

Becheikh, N., Landry, R., and Amara, N.(2006), "Lessons from innovation empirical studies in the manufacturing sector: A systematic review of the literature from 1993-2003." Technovation, 26(5/6): 644-664. crossref(new window)

Coombs, J.E. and Paul, E.B.(2006), "Measuring technological capability and performance," R&D management, 36(4): 421-438. crossref(new window)

Drake, M.P. Nabil, S. and Ronald, J.(2006), "Maximizing return on innovation investment." Research-technology Management, 49(6):32-41.

Guan, J.R. and Ma, N.(2003), "Innovative capability and export performance of Chinese firms." Technovation, 23:737-747. crossref(new window)

Guan, J.R. Yam, C.K. Mok and Ma, N.(2006), "A study of the relationship between competitiveness and technological innovation capability based on DEA models." European Journal of Operational Research, 170: 971-986. crossref(new window)

Hadjimanolis, A.(2000), "An investigation of innovation antecedents in small firms in the context of a small country." R&D Management, 30:235-245. crossref(new window)

Im, C-H. and Shin, J-K. (2012), "An empirical study on technological innovation management factors of SMEs." Jounal of Technology Innovation, 20(2):75-107.

Jang, S-K. Shin, Y-S. and Jung, H-H(2009), "Relationship between R&D Investment, Technology Management Capability and Firm Performance." Korean Management Review, 3(1):105-132.

Kocaoglu, D.(1990), "Research and educational characteristics of the engineering management discipline." IEEE Transaction on Engineering Management, 37(3):172-176. crossref(new window)

Laird, L. and Sjoblom, L.(2004), "Commercializing technology: Why is it so difficult to be disciplined?", Business Horizons, 47(1):65-71. crossref(new window)

Lee, S-H. and Cho, K-T.(2012), "The study of the effect of R&D investment and technology commercialization capabilities on business performance." Journal of Technology Innovation, 20(1):263-294.

Lee, B-H. Kim, Y-K. and Park, S-M.(2008), "The impact of business scope and technological capability on firm performance in SMEs." Jounal of Technology Innovation, 16(1):23-46.

Lee, C-J. Lee, K-T. and Shin, J-S(2012), "Factors influencing commercialization of government SME R&D project: effect of patent and certification." Jounal of Technology Innovation, 20(3):229-253.

Miller, W.L. and Morris, L.(1999), "4th generation R&D.", John Willey & Sons.

National Research Council(1987), "Management of technology: the hidden competitive advantage." National Academy Press.

Nevens, T.M. Summe, G.L. and Uttal, B.(1990), "Commercializing technology: what the best companies do?", Harvard Business Review, May/June:154-163.

Park, C-S.(2008), "R&D management type and implication of leading company." SERI Economy Focus, 210:-10.

Park, S-M. and Seo, J-H.(2012), "A Relationship between Intensity of Technology Management, Technological Capabilities and Barriers to Innovation in SMEs." Asia Pacific Journal of Small Business, 34(2):81-99.

Schoenecker, T. and Swanson, L.(2002), "Indicators of firm technological capability: validity and performance implications." IEEE Transactions on Engineering Management, 49(1):36-44. crossref(new window)

Senge, P. and Carstedt, G.(2001), "Innovating Our Way to the Next Industrial Revolution." MIT Sloan Management Review, 42(2):24-38.

Shin, Y-S. and Ha, K-S.(2012), "A study on the effects of the technology management capability on the success of technology commercialization." The Journal of Digital Policy & Management, 10(8):97-110.

Song, C-U. Lee, J-W. and Oh, W-K.(2011), "The impacts of government R&D expenditures to support private R&D on total factor productivity." Productivity Review, 25(2):237-257. crossref(new window)

Stock, G.N. Greis, N.P. and Fischer, W. A.(2002), "Firm size and dynamic technological innovation." Technovation, 22(9):537-549. crossref(new window)

Wang, C.I. Lu, and Chen, C.(2008), "Evaluating firm technological innovation capability under uncertainty.", Technovation, 28:349-363. crossref(new window)

White, M.A. and Bruton, G.D.(2007), "The management of technology and innovation: a strategic approach." Thomson.

Yoon, H-D. and Seo, R-B.(2011), "A study of the core factors affecting the performance of technology management of Inno-Biz SMEs." Journal of Technology Innovation, 19(1):111-144.

Zahra S.A. Neubaumm D.O. and Huse, M. (2000), "Entrepreneurship in midium-size companies: exploring the effects of ownership and governance systems." Journal of Management, 26(5):947-976.