The Factors Affecting Joint R&D in the Service Industry: Focusing on Organizational Innovation and Defense Mechanisms
Do-Bum Chung, Hye-Jeong Jang, Byungil Kim · 2018
Today, technological innovation activities are very important for the survival and competitive advantage of firms, and then many firms are doing joint R&D. In particular, the size and proportion of the service industry has been increasing steadily in recent years, and the interest in technological innovation is also increasing. However, since the previous studies have dealt with the manufacturing industry, this study focuses on the factors affecting joint R&D in the service industry. For the analysis, we use the data from Korean Innovation Survey (KIS) in 2016 conducted by Science and Technology Policy Institute (STEPI). Among the data of the service industry, only those firms that have performed actual R&D activities are selected. As a result of the analysis, it is found that the firms that performed organizational innovation positively influence joint R&D for technological innovation activities. In addition, firms with defense mechanisms such as securing intellectual property and confidentiality within the firm have positive effects on joint R&D. It is very important for firms to acquire new knowledge while protecting their knowledge, because the service industry is a knowledge-intensive industry. The results of this study will do much for setting up firms' strategies for joint R&D.