Public subsidies and firm innovation, a mediating role of external collaboration: the relation between diverse natures of innovation activities
- Authors
- Kim, Kiman; Choi, Sang Ok; Lee, Sooyeon
- Issue Date
- 2020
- Publisher
- INDERSCIENCE ENTERPRISES LTD
- Keywords
- government support; subsidies; policy impact; innovation; firm external collaboration; innovation outcome; nature of innovation; mediation effect; Baron and Kenny; innovation survey
- Citation
- INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT, v.84, no.1-2, pp.86 - 109
- Indexed
- SCIE
SSCI
SCOPUS
- Journal Title
- INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT
- Volume
- 84
- Number
- 1-2
- Start Page
- 86
- End Page
- 109
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/131317
- ISSN
- 0267-5730
- Abstract
- This paper investigates the impact of a public support on private innovation outcome, and whether this relation is mediated by a firm collaboration. Various types of a partnership and innovation performance are considered to clarify a heterogeneous policy effect. Empirical results based on merged two waves of Korean innovation survey indicate that subsidies positively associate only with a marketable performance; this relation is likely to be mediated by a certain type of the firm collaboration. However, the magnitude of the indirect effect is not sufficient to be statistically confirmed. This implicates that a role of public subsidies is to lead firms only to be more innovative. The innovation outcome can be promoted by a firm collaboration which is, however, not inevitably induced by a public support.
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Collections - College of Political Science & Economics > Department of Public Administration > 1. Journal Articles
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