In the era of economic uncertainties, a number of solutions have been sought to overcome the issues stemming from it. As part of such efforts, core technologies of the 4th Industrial Revolution (4IR), technological innovation capabilities, and the rol...
In the era of economic uncertainties, a number of solutions have been sought to overcome the issues stemming from it. As part of such efforts, core technologies of the 4th Industrial Revolution (4IR), technological innovation capabilities, and the role of small and medium-sized enterprises (SMEs) have been suggested as effective solutions to respond to uncertainties.
This study aimed to explore the structural relationship between technological innovation capabilities, productization capabilities, and labor productivity and identify success factors by analyzing using Amos. This study employed various research methods including basic statistical analysis, correlation analysis, confirmatory factor analysis, hypothesis testing, and multiple path analysis. The hypotheses established in the path model were all accepted. In addition, this study confirmed that the mediators, technological intensity and business history, had a significant mediating effect on labor productivity. And the study found that the number of researchers, the number of patent rights, and the level of technology have been identified as the factors contributing to the success of the companies deploying technologies of 4IR, providing policy implications.