The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance

The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance
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Article
Version 1
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The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance

Version 1
: Received: 11 August 2023 / Approved: 14 August 2023 / Online: 15 August 2023 (11:42:20 CEST)

How to cite:
Hong, S.; Yang, J. The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance. Preprints 2023, 2023081093. https://doi.org/10.20944/preprints202308.1093.v1


Hong, S.; Yang, J. The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance. Preprints 2023, 2023081093. https://doi.org/10.20944/preprints202308.1093.v1

MDPI and ACS Style

Hong, S.; Yang, J. The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance. Preprints 2023, 2023081093. https://doi.org/10.20944/preprints202308.1093.v1

APA Style

Hong, S., & Yang, J. (2023). The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance. Preprints. https://doi.org/10.20944/preprints202308.1093.v1

Chicago/Turabian Style

Hong, S. and Jong-gon Yang. 2023 “The Role of Government Support in the Relationship between Corporate Entrepreneurship and Innovation Performance” Preprints. https://doi.org/10.20944/preprints202308.1093.v1

The study of the effect of corporate entrepreneurship(CE) which is a key indicator of success in corporate innovation performance(IP) is a central research topic. However, an empirical study on whether various types of government support(GS) have a moderating effect between these two variables is of new interest. This study empirically analyzed the effects of CE on IP and analyzed the indirect effects of GS on CE and IP based on 4000 Korean manufacturing firms. The results showed that all five factors of CE (innovativeness, risk-taking, proactiveness, autonomy, and competitive aggressiveness) had a positive effect on IP. In addition, the moderating effect of GS on the relationship between CE and IP was validated in seven categories: taxation, subsidies, financial support, human resources, technology, certification, and procurement. The results showed that five types of GS, other than financial support and technical support, strengthened the effect of CE on IP. This study provides a basis for establishing a strategy for strengthening organizational entrepreneurship and for selecting and focusing on various types of GS. It can be concluded that for more effective government support policies, direct government financial support or technical support should be more elaborately implemented.
Business, Economics and Management, Business and Management

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