Is Sustainable Korean Economic Growth Centered on Small-Sized and Medium-Sized Companies Possible? Focused on Innovative Small and Medium Companies

Table 9

Analysis of the relationship between network/partner type and technical performance.

Type	Variables	Model 6-1 (Number of patents)	Model 6-2 (Procurement performance)
Company characteristics	Growth stage (Entry-growth-maturity-decline)	X	X
	Company age	X	X
	Operating profit compared to sales	X	X
	Number of regular employees	O (+)	O (+)
	Implementation of performance compensation system (vs. not yet implemented)	O (+)	O (+)
	Innovative certified companies (vs. general small and medium companies)	O (+)	O (+)
Support experience	Experience in policy support	O (+)	O (+)
Partner experience	Experience using partners	X	X
Number of obs = 3,300O = significant/X = insignificant(+) = positive/(−) = negative		R2
		0.0148	0.256
Type	Variables	Model 7-1 (Number of patents)	Model 7-2 (Procurement performance)
Company characteristics	Growth stage, profit compared to sales, age, regular employees, etc.
Support experience	Experience in policy support	O (+)	O (+)
Partner type	National university	X	X
	Conglomerate	X	X
	Private university	X	O (−)
	Civilian population	O (−)	X
	Foreign university	X	O (+)
	Midsize businesses	X	O (−)
	Small-sized and medium-sized businesses	X	X
Number of obs = 3,300O = significant/X = insignificant(+) = positive/(−) = negative		R2
		0.0151	0.263