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The Impact of Technological Regulation on the Technological Innovation and Performance of Small and Medium Enterprises (SMEs): Evidence from a Survey Data of Korean SMEs

Seungku Ahn 1 Kim, kwon-sik 2 LEE KWANG HOON 3

1한국과학기술기획평가원
2경제.인문사회연구회
3강원대학교

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ABSTRACT

This paper attempts to explore the impact of technological regulation on technological innovation and performance of Small and Medium Enterprises(SMEs) by analysing a survey data of 286 Korean SMEs. The 3-step mediated regression analysis results reveal that the perceived regulatory burden is negatively associated with SMEs’ R&D investment and innovation of product and process. Moreover, the level of regulatory burden may affect the objective and subjective performance of SMEs. The results suggest that regulatory policies for reducing regulatory burden need to be designed and implemented in order to enhance technological innovation and performance of SMEs.

Citation status

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