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Abstract
This study examines how R&D intensity and open innovation affect the technological capabilities of firms in newly-developed countries, such as South Korea. East Asian latecomers are transitioning from a catch-up phase toward becoming leaders, and they are engaging in open innovation activities to drive this transition. This research quantitatively analyzes three kinds of open innovation activities—outside-in, inside-out, and coupled—to investigate their influence upon technological capabilities, while also considering the effect of R&D intensity. Data from 75 South Korean medium-sized firms were analyzed, and two major findings are reported. First, technological capabilities are enhanced by some open innovation activities and by R&D intensity. Second, R&D intensity negatively moderates the impact of open innovation activities on technological capabilities. Therefore, it may be concluded that firms with relatively low R&D intensity will gain the most benefit from increasing their open innovation activities.
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Jiwon Paik
Dr. Jiwon Paik received his Ph.D. from the Korea Advanced Institute of Science and Technology (KAIST) in 2015. He works as a manager in the R&D strategy team, Digital Media & Communications R&D Center, within Samsung Electronics in Korea. His research interests are strategic management and open innovation.
Hyun Joon Chang
Dr. Hyun Joon Chang is a professor in the Graduate School of Innovation & Technology Management at the Korea Advanced Institute of Science and Technology (KAIST). He has a PhD in Economics from Cornell University. He has taught courses in innovation management, and his research is focused on innovation-based strategy and energy policy.