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Comparative Analysis for Survival Period of SMEs According to Innovation Certification Type
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혁신인증 유형에 따른 중소기업의 생존기간 비교․분석

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Type
Academic journal
Author
Lee Jun-won (한국신용정보원)
Journal
한국생산관리학회 한국생산관리학회지 한국생산관리학회지 제34권 제2호 KCI Accredited Journals
Published
2023.5
Pages
165 - 180 (16page)

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Comparative Analysis for Survival Period of SMEs According to Innovation Certification Type
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In terms of survival period, it was analyzed whether there was a significant difference according to the type of innovation certification (venture certification, inno-biz certification and main-biz certification). The event was defined as overdue equivalent to default, and the survival period was calculated. Based on the year of innovation certification, the work experience, number of employees, financial status, and composition by industry of innovation certified SMEs were set as control variables. As a result of the analysis, it was confirmed that there was a significant difference in the survival period depending on the type of innovation certification even when the control variables were considered. Inno-biz certified companies and main-biz certified companies had a 31.2% and 29.3% reduction in overdue risk, respectively, compared to venture certified companies. Therefore, it is necessary to differentiate innovation certification benefits by considering the life cycle of a company. In addition, it was concluded that there is a need to strengthen the connection between certifications, such as providing additional benefits when converting innovation certification.

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