Economics, Econometrics and Finance
8 years ago

Government Support Vital for IT Firms' Innovation Success in Competitive Environment

Journal of Digital Convergence
Effect of IT Manufacturing Firms’ Technological Innovation Factors -From Government Support Level-
Tae‐Hoon Park, Kyung-Hye Park

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The article explores how government support impacts the success of technological innovation in IT manufacturing firms. The researchers identified key factors influencing innovation outcomes and developed a model to measure success. Through logistic regression analysis, they found that direct government support is crucial for product innovation, technology development, and commercialization. Additionally, manpower training for technical personnel is essential for process innovation success.