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Measuring the Openness of Innovation
Article

Open Innovation with Relational Capital, Technological Innovation Capital, and International Performance in SMEs

1
School of Business, Yeungnam University, Gyeongsan 38541, Korea
2
Korea Employment Information Service, Jincheon 27740, Chungcheongbuk-do, Korea
*
Author to whom correspondence should be addressed.
Academic Editor: JinHyo Joseph Yun
Sustainability 2021, 13(6), 3418; https://0-doi-org.brum.beds.ac.uk/10.3390/su13063418
Received: 28 December 2020 / Revised: 24 February 2021 / Accepted: 25 February 2021 / Published: 19 March 2021
(This article belongs to the Special Issue Ambidextrous Open Innovation for Sustainability)
The importance of international markets is constantly emphasized for small and medium enterprises(SMEs). In previous studies, technological innovation capabilities were emphasized as a factor that enables SMEs to compete in the international market. To this end, SMEs need to cooperate with external partners to strengthen their technological innovation capabilities to thus improve their international performance. With the perspective view of open innovation, this research explores the effects of relational capital and technological innovation capability on international performance, with a particular focus on the moderating effect of alliance proactiveness. Building on previous literature regarding internationalization, technological innovation, and alliance proactiveness, research hypotheses were developed and tested using data collected from 175 SMEs. A hierarchical regression analysis was applied. The analysis showed that, first, relational capital had a significant effect on the technological innovation capability. Second, technological innovation capability has a significant influence on the international performance. Third, technological innovation capability mediated the relationship between relational capital and international performance. Finally, alliance proactiveness was found to moderate the relationship between technological innovation capability and international performance. The key research findings imply that relational capital and alliance proactiveness are the key factors of international performance, as they improved the development of the technological innovation capability. View Full-Text
Keywords: relational capital; technological innovation capability; alliance proactiveness; international performance relational capital; technological innovation capability; alliance proactiveness; international performance
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MDPI and ACS Style

Ryu, D.; Baek, K.H.; Yoon, J. Open Innovation with Relational Capital, Technological Innovation Capital, and International Performance in SMEs. Sustainability 2021, 13, 3418. https://0-doi-org.brum.beds.ac.uk/10.3390/su13063418

AMA Style

Ryu D, Baek KH, Yoon J. Open Innovation with Relational Capital, Technological Innovation Capital, and International Performance in SMEs. Sustainability. 2021; 13(6):3418. https://0-doi-org.brum.beds.ac.uk/10.3390/su13063418

Chicago/Turabian Style

Ryu, Dongwoo, Kwang H. Baek, and Junghyun Yoon. 2021. "Open Innovation with Relational Capital, Technological Innovation Capital, and International Performance in SMEs" Sustainability 13, no. 6: 3418. https://0-doi-org.brum.beds.ac.uk/10.3390/su13063418

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