2015
DOI: 10.1080/09537325.2015.1024645
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Impact of firm size and industry type on R&D efficiency throughout innovation and commercialisation stages: evidence from Korean manufacturing firms

Abstract: Technological innovation through R&D is a critical element in enhancing and fostering firm performance. In particular, measurement of R&D efficiency throughout the innovation and commercialisation stages is important. However, almost of R&D efficiency-related studies assumed that R&D is a single stage. This study aims at analysing relative efficiency scores throughout the stages of the R&D process using a two-stage data envelopment analysis (DEA) model with a sample of 1039 Korean manufacturing firms. Based on… Show more

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Cited by 54 publications
(21 citation statements)
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“…In addition, The topic of R&D efficiency has received increasing academic interest in recent years all over the world [2][3][4][5][6][7][8][9]. Most of the previous studies on this topic have attempted to measure R&D efficiency or productivity at the firm or industry levels [10][11][12][13][14][15][16], as well as country or national level [17][18][19]. In this study, however, R&D productivity is measured at the provincial level to provide R&D policy implications.…”
Section: Introductionmentioning
confidence: 99%
“…In addition, The topic of R&D efficiency has received increasing academic interest in recent years all over the world [2][3][4][5][6][7][8][9]. Most of the previous studies on this topic have attempted to measure R&D efficiency or productivity at the firm or industry levels [10][11][12][13][14][15][16], as well as country or national level [17][18][19]. In this study, however, R&D productivity is measured at the provincial level to provide R&D policy implications.…”
Section: Introductionmentioning
confidence: 99%
“…Se ha dicho, además de lo precedente, que la Pyme difiere de las grandes organizaciones, entre otros aspectos, por su lucha contra los recursos limitados, estrategias informales y estructuras flexibles (Chun, Chung & Bang, 2015). Si a esto se le suma una alta carga laboral resulta más difícil la subsistencia, pues, como afirma Galindo (2006), la empresa debe estar renovando su capital productivo y apalancándose con frecuencia.…”
Section: Nacimiento Y Creación De Nuevas Empresasunclassified
“…La variable más utilizada en relación al desempeño empresarial ha sido el tamaño de la empresa (Demir, Karl y McKelvie, 2017;Chun, Chung y Bang, 2015;Capasso, Cefis y Sapio, 2011;Caiazza, 2015;Beck y Demirguc, 2006;Bonaccorsi y Giannangeli, 2010). Del estudio del tamaño empresarial y su impacto sobre el desempeño, se puede afirmar que el tamaño es una de las variables predictoras más confiable de los obstáculos financieros de la empresa, siendo las empresas de mayor tamaño las que reportan menores obstáculos de financiación.…”
Section: El Tamaño De La Empresa Y El Desempeño Empresarialunclassified
“…Sumado a esto, en periodos de recesión, algunos argumentos sostienen que en estos periodos resulta favorable el fortalecimiento de la inversión en investigación y desarrollo (I+D) a la par con la transferencia tecnológica, lo que colabora en la reducción de la afectación de los ingresos empresariales (Goddard et al, 2005;Chun et al, 2015).…”
Section: Ciclo Económicounclassified