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Adoption of emerging technologies and growth of manufacturing firms: the importance of technology types and corporate entrepreneurship

Lookup NU author(s): Dr Jungho KimORCiD

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Abstract

This study explores the impact of adopting emerging Industry 4.0 technologies on firm growth by analysing a panel dataset of Korean manufacturing firms. It finds that the impact differs depending on the types of technology implementation (including purpose and applications) and corporate entrepreneurship. In general, adopting front-end technologies for advanced manufacturing increases firm growth and adopting base technologies for advanced digitalisation reduces firm growth in the existing business. However, when firms develop a new business, adopting base technologies positively influences their growth and adopting front-end technologies negatively affects firm growth.

Publication metadata

Author(s): Kim J, Oh I

Publication type: Article

Publication status: Published

Journal: Technology Analysis and Strategic Management

Year: 2024

Volume: 36

Issue: 10

Pages: 2476-2488

Print publication date: 01/10/2024

Online publication date: 23/11/2022

Acceptance date: 12/11/2022

ISSN (print): 0953-7325

ISSN (electronic): 1465-3990

Publisher: Routledge

URL: https://doi.org/10.1080/09537325.2022.2149393

DOI: 10.1080/09537325.2022.2149393

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