신생기업(Startups)의 개방형 혁신과 혁신성과에 관한 실증연구 - 지식재산스톡의 조절역할

As recognition of the open innovation recently grows, firms increasingly tend to open their innovation process for the technological innovation and decrease its uncertainty, and to eventually enhance its probability of success. Particularly, firms without enough resources for technological innovation may acquire technological knowledge from external sources, create more effectively the innovation performance through the systemic management of the innovation process, and finally can expect to survive and make sustainable growth and competitive advantage. There are lacks of empirical evidences on if the new innovation strategy could be effective to startups pursuing to increase their innovation performance even though we have implications from existing literatures and the open innovation strategy is diffusing into domestic firms including SMEs. Therefore, this paper explored the relationship between inbound open innovation strategy absorbing technological knowledge and the innovation performance by focusing on start-up firms in Korea, and found following results; first, we found that the concept of “intellectual property stock” can be proper to measure capabilities of absorbing technological knowledge in studying technological innovation of start-up firms. Second, estimation results do not show the positive effects of the inbound open innovation on the innovation performance of startups. Third, we confirmed that the startup firms with more accumulation of intellectual property stock could effectively increase their innovation performance from the inward technology licensing, one of principal mechanisms for the inbound open innovation strategy. This paper give us an important implication that there can be some conditions the open innovation strategy being effective to the innovation performance of startups. In synthesizing previous literatures on large and small-and-medium sized firms, we can understand that the effectiveness on innovation performance of open innovation strategy may be conditioned by the aspects of organizations.