Analysis of the Effect of R&D Planning Support for SMEs Using Latent Growth Modeling
Abstract:Small and medium enterprises (SMEs) in Korea play a pivotal role in the national economy. However, due to scale limitations, the resources available to SMEs for innovation activities are limited. Therefore, as a means to compensate for the market failure of SMEs, which can be caused by resource limitations, and to ensure sustainable growth, the government supports the SMEs for innovation activities. Korea has fulfilled SME R&D planning support projects since 2002 to efficiently support SMEs' technology commerc… Show more
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