Product innovation factor analyses in Korean manufacturing enterprises

Gyunghyun Choi, Minje Kim, Jooyoung Kim

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Korea economy has been rapidly developed through manufacturing industry since 1960s. Current business environments is very complex and its uncertainty is also growing rapidly. Many manufacturing firms in Korea are trying to deploy an innovative product, but they are facing a difficulties for product innovation because of various complexity such as environment, organization, and customer. In this context, the purpose of this paper is to identify the product innovation factors in Korea manufacturing industry and to analyze a driving power and dependence power among them. And then, it finally shows findings and implications for a management point of product innovation variables reflecting industrial characteristics of three major manufacturing industry in Korea: chemicals, electronics/optical product and motor vehicles. This research uses interpretive structural modeling (ISM) and Cross-impact matrix multiplication applied to classification (MICMAC) methodologies, which is derived from product innovation data of Korea Innovation Survey (KIS).

Original languageEnglish
Title of host publicationPICMET 2014 - Portland International Center for Management of Engineering and Technology, Proceedings
Subtitle of host publicationInfrastructure and Service Integration
EditorsDundar F. Kocaoglu, Gary Perman, Dilek Cetindamar Kozanoglu, Tugrul U. Daim, Timothy R. Anderson, Kiyoshi Niwa
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1031-1039
Number of pages9
ISBN (Electronic)9781890843304
StatePublished - 2014 Oct 10
Event2014 Portland International Center for Management of Engineering and Technology, PICMET 2014 - Kanazawa, Japan
Duration: 2014 Jul 272014 Jul 31

Publication series

NamePICMET 2014 - Portland International Center for Management of Engineering and Technology, Proceedings: Infrastructure and Service Integration

Other

Other2014 Portland International Center for Management of Engineering and Technology, PICMET 2014
CountryJapan
CityKanazawa
Period14/07/2714/07/31

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    Choi, G., Kim, M., & Kim, J. (2014). Product innovation factor analyses in Korean manufacturing enterprises. In D. F. Kocaoglu, G. Perman, D. C. Kozanoglu, T. U. Daim, T. R. Anderson, & K. Niwa (Eds.), PICMET 2014 - Portland International Center for Management of Engineering and Technology, Proceedings: Infrastructure and Service Integration (pp. 1031-1039). [6921245] (PICMET 2014 - Portland International Center for Management of Engineering and Technology, Proceedings: Infrastructure and Service Integration). Institute of Electrical and Electronics Engineers Inc..