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Opening the technological innovation black box: The case of the electronics industry in Korea

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  • Choi, Kanghwa
  • Narasimhan, Ram
  • Kim, Soo Wook

Abstract

In this system dynamics simulation study we analyze a series of feedback causal relationships wherein R&D investments create new knowledge stocks, increasing technological knowledge “triggers” and interactions among entities of technological innovation, leading to firm profits through the commercialization process.

Suggested Citation

  • Choi, Kanghwa & Narasimhan, Ram & Kim, Soo Wook, 2016. "Opening the technological innovation black box: The case of the electronics industry in Korea," European Journal of Operational Research, Elsevier, vol. 250(1), pages 192-203.
    • Handle: RePEc:eee:ejores:v:250:y:2016:i:1:p:192-203
    DOI: 10.1016/j.ejor.2015.08.054
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    2. Hua Song & Sijie Chen & Anirban Ganguly, 2019. "Innovative Ecosystem In Enhancing Hi-Tech Sme Financing: Mediating Role Of Two Types Of Innovation Capabilities," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 1-36, April.
    3. Castaneda, Monica & Herrera, Milton M. & Méndez-Morales, Alberto, 2023. "A simulation-based approach for assessing the innovation barriers in the manufacturing firms," Technology in Society, Elsevier, vol. 75(C).
    4. Sylvia Novillo-Villegas & Ricardo Ayala-Andrade & Juan Pablo Lopez-Cox & Javier Salazar-Oyaneder & Patricia Acosta-Vargas, 2022. "A Roadmap for Innovation Capacity in Developing Countries," Sustainability, MDPI, vol. 14(11), pages 1-20, May.
    5. Chong-Keun Kim & Chanho Lee & DongKyun Kim & Hyungjoo Cha & Taesu Cheong, 2023. "Enhancing Supply Chain Efficiency: A Two-Stage Model for Evaluating Multiple Sourcing and Extra Procurement Strategy Optimization," Sustainability, MDPI, vol. 15(22), pages 1-20, November.
    6. Carayannis, Elias G. & Grigoroudis, Evangelos & Wurth, Bernd, 2022. "OR for entrepreneurial ecosystems: A problem-oriented review and agenda," European Journal of Operational Research, Elsevier, vol. 300(3), pages 791-808.
    7. Koc, T. & Bozdag, E., 2017. "Measuring the degree of novelty of innovation based on Porter's value chain approach," European Journal of Operational Research, Elsevier, vol. 257(2), pages 559-567.
    8. Orji, Ifeyinwa Juliet & Liu, Shaoxuan, 2020. "A dynamic perspective on the key drivers of innovation-led lean approaches to achieve sustainability in manufacturing supply chain," International Journal of Production Economics, Elsevier, vol. 219(C), pages 480-496.
    9. Duan, Yanqing & Cao, Guangming & Edwards, John S., 2020. "Understanding the impact of business analytics on innovation," European Journal of Operational Research, Elsevier, vol. 281(3), pages 673-686.
    10. Sylvia Novillo-Villegas & Patricia Acosta-Vargas & Christian Cruz-Boada & Mateo Garzon & Andre Marin-Dett & Wendy Anzules-Falcones, 2022. "Sustaining the Path for Innovation Capability from a Developing Country Perspective: A Conceptual Framework," Sustainability, MDPI, vol. 14(19), pages 1-26, October.

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