• P-ISSN 0974-6846 E-ISSN 0974-5645

Indian Journal of Science and Technology


Indian Journal of Science and Technology

Year: 2016, Volume: 9, Issue: 26, Pages: 1-9

Original Article

Social Capital Of University Faculties, Corporate Absorptive Capacity, and Performance of University-Industry (UI) Joint R&D Project in Korea


Background/Objectives: Considering issues of cultural gap and transferring tacit knowledge, this paper examines impact of university faculty’s social capital and corporate absorptive capacity on performance of UI joint R&D project. Method/ Statistical Analysis: Based on a survey of 338 UI joint projects in Korea, this paper tested reliability and validity of measurements by exploratory factor analysis and tested hypothesis by adopting regression analysis. Findings: The research result of this paper suggests that faculty’s social capital measured by reputation, mutual trust, and brokerage networks, has a significant impact on the project performance. Regarding the internal dimension of corporate absorptive capacity, this paper shows that firms’ technological experts and capabilities have a positive impact on the project performance. Application/Improvement: Upon selecting academic partners for joint R&D, firms should understand the significance of academic faculty’s social capital for networking and consider the corporate internal capacity to effectively internalize academic knowledge.
Keywords: Absorptive Capacity; Joint R&D Project; Performance; Social Capital


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