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External knowledge search, innovative performance and productivity in the Korean ICT sector

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  • Hwang, Junseok
  • Lee, Youngjin

Abstract

In recent years, Korea's Information and Communication Technology (ICT) industry has grown rapidly. The prosperity of the ICT industry has brought growing recognition that rising productivity and innovative performance have made major contributions to ensuring competitive advantage in international markets. In this context, recent studies stress the importance of external knowledge for improving both innovative performance and productivity. This paper empirically investigates the effects of firms' external knowledge search behavior on their productivity as well as their innovative performance in the Korean ICT manufacturing sector. Based on firm-level data from the Science and Technology Policy Institute (STEPI), this study indicates that incremental innovation and productivity are both related to external knowledge search.

Suggested Citation

  • Hwang, Junseok & Lee, Youngjin, 2010. "External knowledge search, innovative performance and productivity in the Korean ICT sector," Telecommunications Policy, Elsevier, vol. 34(10), pages 562-571, November.
    • Handle: RePEc:eee:telpol:v:34:y:2010:i:10:p:562-571
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    Cited by:

    1. Zhonghua Zhao & Fanchen Meng & Yin He & Zhouyang Gu, 2019. "The Influence of Corporate Social Responsibility on Competitive Advantage with Multiple Mediations from Social Capital and Dynamic Capabilities," Sustainability, MDPI, vol. 11(1), pages 1-16, January.
    2. Chungwon Woo & Yanghon Chung & Dongphil Chun & Seunghun Han & Dukhee Lee, 2014. "Impact of Green Innovation on Labor Productivity and its Determinants: an Analysis of the Korean Manufacturing Industry," Business Strategy and the Environment, Wiley Blackwell, vol. 23(8), pages 567-576, December.
    3. Kibaek Lee & Jaeheung Yoo, 2019. "How does open innovation lead competitive advantage? A dynamic capability view perspective," PLOS ONE, Public Library of Science, vol. 14(11), pages 1-18, November.
    4. Dost, Mir & Badir, Yuosre F. & Sambasivan, Murali & Umrani, Waheed Ali, 2020. "Open-and-closed process innovation generation and adoption: Analyzing the effects of sources of knowledge," Technology in Society, Elsevier, vol. 62(C).
    5. Taewoo Roh & Shufeng Simon Xiao & Byung Il Park, 2023. "Effects of open innovation on eco-innovation in meta-organizations: evidence from Korean SMEs," Asian Business & Management, Palgrave Macmillan, vol. 22(5), pages 2004-2028, November.
    6. Luis Enrique Valdez-Juárez & Domingo García-Pérez-de-Lema & Gonzalo Maldonado-Guzmán, 2018. "ICT and KM, Drivers of Innovation and Profitability in SMEs," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-34, March.
    7. Stefan, Ioana & Bengtsson, Lars, 2017. "Unravelling appropriability mechanisms and openness depth effects on firm performance across stages in the innovation process," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 252-260.
    8. Cheon Yu & Junghoon Park & Yun Seop Hwang, 2019. "How Do Anticipated and Self Regulations and Information Sourcing Openness Drive Firms to Implement Eco-Innovation? Evidence from Korean Manufacturing Firms," IJERPH, MDPI, vol. 16(15), pages 1-21, July.
    9. Del Sarto, Nicola & Cruz Cazares, Claudio & Di Minin, Alberto, 2022. "Startup accelerators as an open environment: The impact on startups’ innovative performance," Technovation, Elsevier, vol. 113(C).
    10. Liao, Chun-Hsiung & Lien, Chun-Yu, 2012. "Measuring the technology gap of APEC integrated telecommunications operators," Telecommunications Policy, Elsevier, vol. 36(10), pages 989-996.
    11. Wu, Haizhen & Han, Zhao'an & Zhou, Yong, 2021. "Optimal degree of openness in open innovation: A perspective from knowledge acquisition & knowledge leakage," Technology in Society, Elsevier, vol. 67(C).
    12. Cammarano, Antonello & Michelino, Francesca & Lamberti, Emilia & Caputo, Mauro, 2017. "Accumulated stock of knowledge and current search practices: The impact on patent quality," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 204-222.
    13. Haji Ali Beigi, Maryam, 2021. "Organizational innovation: Interactive role of external knowledge strategies and market dynamisms," Ilmenau Economics Discussion Papers 159, Ilmenau University of Technology, Institute of Economics.
    14. Chaokai Xue & Xinghua Dang & Beibei Shi & Jing Gu, 2019. "Information Sharing and Investment Performance in the Venture Capital Network Community: An Empirical Study of Environmental-Social-Governance Start-Ups," IJERPH, MDPI, vol. 16(6), pages 1-18, March.
    15. Martin Backfisch, 2014. "Search Balance and Product and Process Innovations," MAGKS Papers on Economics 201461, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    16. Nicola Del Sarto & Giulio Ferrigno & Vinit Parida & Alberto Minin, 2023. "Do start-ups benefit from coworking spaces? An empirical analysis of accelerators’ programs," Review of Managerial Science, Springer, vol. 17(7), pages 2471-2502, October.
    17. Lu, Qinli & Chesbrough, Henry, 2022. "Measuring open innovation practices through topic modelling: Revisiting their impact on firm financial performance," Technovation, Elsevier, vol. 114(C).
    18. Lee, Jiyoung & Kim, Chulyeon & Choi, Gyunghyun, 2019. "Exploring data envelopment analysis for measuring collaborated innovation efficiency of small and medium-sized enterprises in Korea," European Journal of Operational Research, Elsevier, vol. 278(2), pages 533-545.
    19. Haji Ali Beigi, Maryam, 2021. "Is more diverse always the better? External knowledge source clusters and innovation performance in Germany," Ilmenau Economics Discussion Papers 156, Ilmenau University of Technology, Institute of Economics.
    20. Aliasghar, Omid & Rose, Elizabeth L. & Asakawa, Kazuhiro, 2022. "Sources of knowledge and process innovation: The moderating role of perceived competitive intensity," International Business Review, Elsevier, vol. 31(2).
    21. Greco, Marco & Grimaldi, Michele & Locatelli, Giorgio & Serafini, Mattia, 2021. "How does open innovation enhance productivity? An exploration in the construction ecosystem," Technological Forecasting and Social Change, Elsevier, vol. 168(C).
    22. Michele Cincera & Pierre De Clercq & Thomas Gillet, 2015. "Optimal Openness Level and Economic Performance of Firms: Evidence from Belgian CIS Data," Working Papers TIMES² 2015-14, ULB -- Universite Libre de Bruxelles.

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