“…The resource‐based view is largely divided into the traditional resource‐based view, competency‐based view, and knowledge‐based view, depending on the types of resources that contribute to corporate success (Park et al, 2020). Of these, the competency‐based view focuses on a competency that combines knowledge, behavior, and skills to reach organizational goals effectively.…”
In digital transformation, the importance of information and communications technology small‐ and medium‐sized enterprises (ICT SMEs) is growing, but their potential and strategic behaviors responding to digital transformation were not fully understood. We empirically analyzed Korean ICT SMEs' strategic decisions for developing and commercializing digital transformation technologies through a structural model of competencies, R&D strategies, and technological commercialization. We found that open innovation and internal R&D are significant mediators between their competencies and technological commercialization. Sectoral discrepancy is also identified: R&D employment and open innovation positively influence on technological commercialization in ICT service, while patenting and internal R&D are significant for ICT manufacturing.
“…The resource‐based view is largely divided into the traditional resource‐based view, competency‐based view, and knowledge‐based view, depending on the types of resources that contribute to corporate success (Park et al, 2020). Of these, the competency‐based view focuses on a competency that combines knowledge, behavior, and skills to reach organizational goals effectively.…”
In digital transformation, the importance of information and communications technology small‐ and medium‐sized enterprises (ICT SMEs) is growing, but their potential and strategic behaviors responding to digital transformation were not fully understood. We empirically analyzed Korean ICT SMEs' strategic decisions for developing and commercializing digital transformation technologies through a structural model of competencies, R&D strategies, and technological commercialization. We found that open innovation and internal R&D are significant mediators between their competencies and technological commercialization. Sectoral discrepancy is also identified: R&D employment and open innovation positively influence on technological commercialization in ICT service, while patenting and internal R&D are significant for ICT manufacturing.
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