Abstract
This paper aims at assessing the relationships among manufacturing innovation, competitiveness, and business performance in the Korean manufacturing industries on an empirical basis. The presented assessments are based on parts of the data and information collected through the execution of the questionnaire on 626 companies from four sectors of the manufacturing industries in Korea. We also established a research model and hypotheses to analyze the correlation among manufacturing innovation, competitiveness and business performance, and carried out reliability and feasibility analyses to verify the research model and analyzed the research hypotheses through AMOS (analysis of moment structure). These issues are analyzed through survey results and some conclusions are drawn. The research model presented in this paper was proven valid and all the 20 hypotheses were proven insignificant.
Similar content being viewed by others
References
Arundel A, van der Paal G, Soete L (1995) Innovation strategies of Europe’s largest industrial firms. PACE Report, MERIT, Univ. of Limbourg, Maastricht
Zahra SA, Nielsen AP, Bogner WC (1999) Corporate entrepreneurship, knowledge and competence development. Entrep Theory Pract 23(3):169–189
Mone MA, McKinley W, Barker VL (1998) Organizational decline and innovation: a contingency framework. Acad Manage Rev 23:115–132
Barkema HG, Baum JAC, Mannix EA (2002) Management challenges in a new time. Acad Manage J 45(5):916–930
Milling PM, Stumpfe J (2000) Product and process innovation - a system dynamics-based analysis of the interdependencies. 18th International Conference of the System Dynamics Society Sustainability in the Third Millennium, Bergen, Norway
O’Regan N, Ghobadian A, Sims M (2006) Fast tracking innovation in manufacturing SMEs. Technovation 26(2):251–261
Roberts PW (1999) Product innovation, product-market competition and persistent profitability in the US pharmaceutical industry. Strat Manage J 20(7):655–670
Banbury C, Mitchell W (1995) The effect of introducing important incremental innovations on market share and business survival. Strat Manage J 16(Spec Iss):161–182
Porter ME, Stern S (1999) The new challenge to America’s prosperity: findings from the innovation index. Council on Competitiveness, Washington, DC
Hitt MA, Ireland RD, Camp SM, Sexton DL (2001) Guest editors’ introduction to the special issue-strategic entrepreneurship: entrepreneurial strategies for wealth creation. Strat Manage J 22:479–491
Kuhlmann S, Reger G (1996) Technology-intensive SMEs: policies supporting the management of growing technological complexity. In: Cannell W, Dankbarr B (eds) Technology management and public policy in the European Union. Oxford University Press, Oxford, pp 73–102
Koschatzky K, Bross U, Stanovnik P (2001) Development and innovation potential in the Slovene manufacturing industry: analysis of an industrial innovation survey. Technov 21(5):311–324
Coates J (2000) Manufacturing in the 21st century. Int J Manuf Technol Manage 1(1):42–59
Teo TSH, King WR (1997) Integration between business planning and information systems planning: an evolutionary- contingency perspective. J Manage Infor Syst 14(1):185–214
Lederer AL, Sethi V (1996) Key prescriptions for strategic information systems planning. J Manage Infor Syst 13(1):35–62
Kim JS, Arnold P (1992) Manufacturing competence and business performance: a framework and empirical analysis. Int J Oper Prod Manage 13(10):4–26
Skinner CW (1969) Manufacturing-missing link in corporate strategy. Harvard Bus Rev 47(3):136–145
Hayes RH, Wheelwright SC (1984) Restoring our competitive edge: competing through manufacturing. Wiley, New York
Leong GK, Snyder DL, Ward PT (1990) Research in the process and content of manufacturing strategy. Omega 18(2):109–122
Kim JS, Arnold P (1996) Operationalizing manufacturing strategy An exploratory study of constructs and linkage. Int J Oper Prod Manage 16(12):45–73
Kaplan RS, Norton DP (1996) Using the balanced scorecard as a strategic management system. Harvard Bus Rev 74(1):75–85
Nunnally JC (1978) Psychometric theory, 2nd edn. McGraw-Hill, New York
Van de Ven AH, Ferry DL (1980) Measuring and assessing organizations. Wiley, New York
Anderson JC, Gerbing DW (1988) Structural equation modeling in practice: a review and recommended two-step approach. Psychol Bull 103(3):411–423
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Cho, Y.J., Leem, C.S. & Shin, K.T. The relationships among manufacturing innovation, competitiveness, and business performance in the manufacturing industries of Korea. Int J Adv Manuf Technol 38, 840–850 (2008). https://doi.org/10.1007/s00170-007-1107-8
Received:
Accepted:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s00170-007-1107-8