벤처기업에 대한 기술개발과 혁신 클러스터 지원정책이 기술혁신과 경영성과에 미치는 영향

To examine the effects of governmental R&D policies including R&D subsidies and supports for innovative clustering, this study analyzes how the policies affect the technological innovation and managerial performance of venture business. At the research design, 600 firms are selected from the population of 2009 Venture Business Investigation, through the stratified sampling method. In an accordance with the research purpose, each question and data on the investigation is categorized systematically into the technological innovation activity, technological innovation performance and managerial performance. On examining the equity of distributing financial supports, it is verified that a certain group of venture businesses, characterized by the lack of resources enough to implement the technological innovation with shorter operating years and smaller organizational size, has a higher probability to benefit governmental R&D subsidies. The absolute levels of the activity and performance of technological innovation increase on the beneficial firms. Not only that, there are significant differences between the beneficiaries and non-beneficiaries in the aspects of technological innovation activity and performance. The differences on the managerial performance, however, are not under significance excepting the sales growth ratio. Moreover, the level of dependence on R&D subsidies have positive effects on the activity and performance of technological innovation, not the managerial performance. Lastly, there are only two factors, R&D cooperation and R&D intensity, with significant differences between clustering and non-clustering firms. Based on these research results, a variety of political issues are presented in the way to enhance the technological innovation and managerial performance of venture business, the core group of governmental policies for supporting innovative SMEs.