Abstract

Recently, since the digital transformation waves have impacted the economic system and industry structure, conventional technology and business have been changed via the convergence of manufacturing and service, general business and platform business, etc. In this regard, this paper explores the innovation ecosystem and innovation performance of ICT manufacturing firms with respect to government innovation and R&D policy. This paper attempts to utilize cross-sectional data from 333 ICT manufacturing firms and to build two different types of innovation ecosystem models and the innovation performance model. First, the findings show that in the knowledge spillover channel model, ICT manufacturing firms tend to use IPRs and collaboration channels rather than the public domain channel. Second, in the innovation partnership model, ICT manufacturing firms prefer partnerships with private companies that are their buyers within the supply chain of the high-tech industry rather than utilizing their internal innovation resources and even local universities nearby. Third, the findings also show that in the innovation performance model, the product innovation performance of ICT manufacturing firms is highly associated with patents and R&D spending. Moreover, the product innovation performance of ICT manufacturing firms has a positive relationship with non-financial support of the government such as HR, technique, certifications, etc., but it has a negative relationship with the direct financial support of the government because it is more likely to consider about a moral hazard problem.

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