Technological capabilities, entrepreneurship and innovation of technology-based start-ups: The resource-based view

Artikel

Despite large-scale financial support of the government, there is increasing criticism about the inefficiency of public R&D investment that fails to lead directly to technological innovation of technology-based start-ups. This paper analyzes the factors that influence technological innovation in Korean technology-based start-ups based on the resource-based view (RBV). The empirical analysis combines ordinary least squares and ordered probit analysis of data collected from 248 technology-based start-ups in Korea. The analysis results statistically confirm the effects of technological capabilities and entrepreneurship on technological innovation. First, a start-up's technological capabilities measured by patents and technological competitiveness have significant positive effects on technological innovation, while the effect of having an in-house R&D department for technological innovation is not significant. Second, entrepreneurship has a significant positive effect on the technological innovation of a start-up, and this positive effect has a moderating effect that further promotes the positive effect of technological competitiveness on technological innovation.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Journal of Open Innovation: Technology, Market, and Complexity ; ISSN: 2199-8531 ; Volume: 8 ; Year: 2022 ; Issue: 3 ; Pages: 1-16

Classification and Topics

• Classification: Management
• Subject: innovation ; entrepreneurship ; RBV ; start-ups ; technological capabilities

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ahn, Seungku ; Kim, Kwon-Sik ; Lee, Kwang-Hoon
• Event: Veröffentlichung
• (who): MDPI
• (where): Basel
• (when): 2022

Further information

• DOI: doi:10.3390/joitmc8030156
• Handle: http://hdl.handle.net/10419/274457
• Last update: 10.03.2025, 11:42 AM CET