2017
DOI: 10.3390/su9071239
|View full text |Cite
|
Sign up to set email alerts
|

Dynamic Technological Diversification and Its Impact on Firms’ Performance: An Empirical Analysis of Korean IT Firms

Abstract: Abstract:This paper aims to analyze the influence of the technological diversification on a firm's innovation capabilities and investigates the effect of various strategies on the firm's financial performance in a technology-oriented environment. We employ the entropy measurement to calculate technological diversification with 2095 patents, which are applied from years 2009 to 2011 by 507 firms that have participated in Korean government Information Technology (IT) Research and Development (R&D) supporting pro… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

1
15
0
3

Year Published

2017
2017
2023
2023

Publication Types

Select...
10

Relationship

1
9

Authors

Journals

citations
Cited by 23 publications
(21 citation statements)
references
References 68 publications
(114 reference statements)
1
15
0
3
Order By: Relevance
“…This finding coincides with the research of Kook et al They believe that enterprises should not diversify between related technical fields, but should focus on specific technologies to enhance their competitive advantage. However, for enterprises with sufficient resources, the ever-increasing technological diversification between unrelated technical fields plays a key role in the innovation performance [47]. That is, R&D capabilities should be adjusted dynamically in compliance with the change of enterprise's the degree of the patent portfolio diversification.…”
Section: Discussionmentioning
confidence: 99%
“…This finding coincides with the research of Kook et al They believe that enterprises should not diversify between related technical fields, but should focus on specific technologies to enhance their competitive advantage. However, for enterprises with sufficient resources, the ever-increasing technological diversification between unrelated technical fields plays a key role in the innovation performance [47]. That is, R&D capabilities should be adjusted dynamically in compliance with the change of enterprise's the degree of the patent portfolio diversification.…”
Section: Discussionmentioning
confidence: 99%
“…Cabe destacar que el proceso de diversificación tecnológica en las capacidades tecnológicas desempeña un papel determinante para reforzar la ventaja competitiva. Al respecto, Kook et al (2017), tras analizar la evolución temporal de la diversificación tecnológica en Corea del Sur, recomiendan que la empresa debe concentrarse/especializarse en una tecnología específica para reforzar la ventaja competitiva y posteriormente explotar la diversificación tecnológica; así pues, esta perspectiva abre un enfoque de análisis temporal relacionado con el ajuste dinámico de las capacidades tecnológicas en el tiempo y su resultado en la generación de externalidades positivas producto de su diversificación.…”
Section: Discusión Y Reflexión Teóricaunclassified
“…Dalam kasus perusahaan dengan sumber daya yang memadai, melakukan diversifikasi penggunaan teknologi yang tidak terkait dengan peranan kunci pada kinerja perusahaan dapat dilakukan. Tingkat diversifikasi teknologi harus disesuaikan secara dinamis dalam kepatuhan dengan perubahan kemampuan inovasi perusahaan (Kook et al, 2017). Pelaku UMKM di Palembang dapat menggunakan teknologi informasi media sosial yang lainnya, tidak hanya youtube, instagram, dan facebook.…”
Section: Diagram Cartesius Analisis Swotunclassified