Opposite Effects of R&D Cooperation on Financial and Technological Performance in SMEs

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The effect of R&D cooperation on SME performance is inconsistent in the literature. Using data on Korean SMEs from 2013 to 2015, we analyzed the effect of R&D cooperation on their financial and technological performance and examined the relationship between SME spontaneity and R&D cooperation. The results show that R&D cooperation has positive effects on financial performance and has negative effects on technological performance. Concerning the spontaneity of R&D cooperation, larger SMEs exhibit greater R&D cooperation without the need for government intervention, unlike smaller SMEs. SMEs and governments should consider performance goals and firm size to optimize R&D strategy. © 2020, © 2020 International Council for Small Business.
Publisher
TAYLOR & FRANCIS INC
Issue Date
2022-07
Language
English
Article Type
Article
Citation

JOURNAL OF SMALL BUSINESS MANAGEMENT, v.60, no.4, pp.892 - 925

ISSN
0047-2778
DOI
10.1080/00472778.2020.1740597
URI
http://hdl.handle.net/10203/296969
Appears in Collection
RIMS Journal Papers
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