바로가기메뉴

본문 바로가기 주메뉴 바로가기

logo

ISSN : 1738-3110

Article Contents

Prev Next
Early Access e-Submission

Vol.20 No.12

Citation Share

Analyzing Government Support Program for R&D Collaboration and Distribution for Korean SMEs: A Case for Equipment Leasing Program

The Journal of Distribution Science / The Journal of Distribution Science, (P)1738-3110; (E)2093-7717
2022, v.20 no.12, pp.99-108
https://doi.org/https://doi.org/10.15722/jds.20.12.202212.99
PARK, Mun-Su
CHANG, Soonwoo Daniel
PARK,, M. , & CHANG,, S. D. (2022). Analyzing Government Support Program for R&D Collaboration and Distribution for Korean SMEs: A Case for Equipment Leasing Program. The Journal of Distribution Science, 20(12), 99-108, https://doi.org/https://doi.org/10.15722/jds.20.12.202212.99

Abstract

Purpose: This study attempted to identify determinants affecting research collaboration and R&D distribution activities, especially regarding facility and equipment leasing of small and medium enterprises (SMEs) in South Korea. The objective of this study was to find the most significant firm characteristics that affect firms participating in an R&D collaboration and distribution program and investing in R&D in terms of leasing payment for equipment. Research design, data, and methodology: This study analyzes which SMEs' characteristics influence external research cooperation activities by examining the SMEs that received government support for equipment leasing using multiple regression analysis and residual plots. The survey combined two databases: 1) a fact-finding survey of participating firms by the Ministry of SMEs and Startups, and 2) leasing information by the Korea Association of University, Research Institute and Industry. Results: The study found that firm size positively impacts R&D investment, R&D collaboration and distribution. Conclusions: The study provided evidence to policymakers and government officials that firms with more employees will more likely participate in government support programs. The study results also prove that government officials believe firm location does not impact R&D investment, R&D collaboration and distribution.

keywords
R&amp, D Collaboration, R&amp, D Distribution, Small And Medium Enterprises (SMEs), Equipment And Facility Leasing, Government Support Program

Reference

1.

Ayyagari, M., Beck, T., & Demirguc-Kunt, A. (2007). Small and medium enterprises across the globe. Small business economics, 29(4), 415-434.

2.

Bracker, J. Y., & Pearson, J. N. (1986). Planning and financial performance of small, mature firms. Strategic management journal, 7(6), 503-522.

3.

Ceccagnoli, M. (2009). Appropriability, preemption, and firm performance. Strategic Management Journal, 30(1), 81-98.

4.

Coad, A., & Rao, R. (2010). Firm growth and R&D expenditure. Economics of Innovation and New Technology, 19(2), 127-145.

5.

Doh, S., & Kim, B. (2014). Government support for SME innovations in the regional industries: The case of government financial support program in South Korea. Research Policy, 43(9), 1557-1569.

6.

Duarte, F., Madeira, M. J., Moura, D.C., Carvalho, J., & Moreira, J.R.M. (2017). Barriers to innovation activities as determinants of ongoing activities or abandoned. International Journal of Innovation Science, 9(3), 244–264.

7.

Edwards, T., Delbridge, R., & Munday, M. (2005). Understanding innovation in small and medium-sized enterprises: a process manifest. Technovation, 25(10), 1119-1127.

8.

Hall, B. H., Lotti, F., & Mairesse, J. (2009). Innovation and productivity in SMEs: empirical evidence for Italy. Small business economics, 33(1), 13-33.

9.

Hvolkova, L., Klement, L., Klementova, V., & Kovalova, M. (2019). Barriers hindering innovations in small and mediumsized enterprises. Journal of Competitiveness, 11(2), 51.

10.

Kim, H., & Park, Y. (2010). The effects of open innovation activity on performance of SMEs: The case of Korea. International Journal of Technology Management, 52(3/4), 236-256.

11.

Lee, H., Choi, Y., & Seo, H. (2020). Comparative analysis of the R&D investment performance of Korean local governments. Technological Forecasting and Social Change, 157, 120073.

12.

Lee, S., Park, G., Yoon, B., & Park, J. (2010). Open innovation in SMEs—An intermediated network model. Research Policy, 39(2), 290-300.

13.

Narula, R. (2004). R&D collaboration by SMEs: new opportunities and limitations in the face of globalisation. Technovation, 24(2), 153-161.

14.

Ndiaye, N., Razak, L. A., Nagayev, R., & Ng, A. (2018). Demystifying small and medium enterprises’(SMEs)performance in emerging and developing economies. Borsa Istanbul Review, 18(4), 269-281.

15.

Pilar, P. G., Marta, A. P., & Antonio, A. (2018). Profit efficiency and its determinants in small and medium-sized enterprises in Spain. BRQ Business Research Quarterly, 21(4), 238-250.

16.

Stevens, J. P. (1984). Outliers and influential data points in regression analysis. Psychological Bulletin, 95(2), 334.

17.

Suh, Y., & Kim, M. S. (2012). Effects of SME collaboration on R&D in the service sector in open innovation. Innovation, 14(3), 349-362.

18.

Yang, C. H., & Lin, C. H. A. (2008). Developing employment effects of innovations: microeconometric evidence from Taiwan. The Developing Economies, 46(2), 109-134.

19.

Zhang, X., Ma, X., Wang, Y., & Wang, Y. (2014). How can emerging market small and medium-sized enterprises maximise internationalisation benefits? The moderating effect of organisational flexibility. International Small Business Journal, 32(6), 667-692.

20.

Zhu, Y., Wittmann, X., & Peng, M. W. (2012). Institution-based barriers to innovation in SMEs in China. Asia Pacific Journal of Management, 29(4), 1131-11

The Journal of Distribution Science

Early Access e-Submission OA Policy