본문 바로가기
  • Home

Does the Role of Government Have the Same Impact on Product Innovation?: Impact of Different Sizes of Companies

  • Korean Society and Public Administration
  • Abbr : KSPA
  • 2020, 30(4), pp.165-188
  • Publisher : Seoul Association For Public Administration
  • Research Area : Social Science > Public Administration
  • Received : December 20, 2019
  • Accepted : February 20, 2020
  • Published : February 28, 2020

Ryu, Jungmin 1 Seung Hye Han 2

1연세대학교 행정학과
2연세대학교

Accredited

ABSTRACT

Since the innovative activities have a positive impact on not only the means of survival and competitiveness of individual companies but also on the capacity of innovation across the country, the government supports the innovation of the entity through various policies. However, depending on the size of each company, the resources they own or the environment they face vary greatly. Therefore, even if the same policy is implemented, the impact may be different. In this study, we wanted to identify the effects of various policies implemented to support the innovation and, in particular, whether they had different effects on large, medium and small businesses. To achieve this objective, we used the 2016 data of the Korean Innovation Survey were utilized and conducted a logistic regression. The analysis showed that the impact of each government support policy on the innovation of a company’s products is different for large, medium and small businesses. Financial support may be positive for small businesses with a weak financial environment, but it has backfired to medium-sized businesses. Regulatory reforms have been positive for large businesses or medium-sized businesses, while they have hampered innovation by small businesses protected by regulations. The use of government information was positive for medium and small businesses, and the cooperation with the government was positive for small businesses. These results suggest that appropriate policies should be designed to suit the size or circumstances of each firm in order to drive innovation.

Citation status

* References for papers published after 2023 are currently being built.