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korean management review - Vol. 50, No. 4

[ Article ]
korean management review - Vol. 50, No. 4, pp.929-957
Abbreviation: kmr
ISSN: 1226-1874 (Print)
Print publication date 31 Aug 2021
Received 15 Oct 2020 Revised 27 Mar 2021 Accepted 29 Mar 2021

External Knowledge and Product Innovation in Korean Firms: Interaction Between Learning and Searching Modes
Jaegun Lee ; Moon-Goo Huh
(First Author) Ph.D. student, School of Business Administration, Kyungpook National University (
(Corresponding Author) Professor, School of Business Administration, Kyungpook National University (

외부지식이 제품혁신에 미치는 영향: 지식학습과 탐색방법의 상호작용을 중심으로

This is an open access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted, distribution, and reproduction in any medium, provided the original work is properly cited.


This study examines how the external knowledge affects innovation. We categorize firms’ external knowledge sources into two modes: STI(science-technology-innovation) and DUI(doing-using-interacting). At the same time, we distinguish between the breadth and depth of firms’ external knowledge acquisition strategies, while considering the interaction between the knowledge source and the acquisition strategy. Previous studies have considered the source and the acquisition strategy of external knowledge independently. Thus, in order to fill this gap in the literature, we identify two types of external knowledge, each with its own searching mode, suggesting a 2 × 2 acquisition strategy model of external knowledge.

Keywords: External knowledge source, Searching modes, Knowledge depth, Knowledge breadth, External knowledge acquisition strategy

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∙ The author Jaegun Lee is an Ph.D. student at the School of Business Administration, Kyungpook National University, Korea. He earned his MA in strategy and organization from the School of Business Administration, Kyungpook National University, Korea. His research interests include failure experience, and R&D cooperation.

∙ The author Moon-Goo Huh, (Ph.D. Korea University) is a professor of strategy and organization at the School of Business Administration, Kyungpook National University, Korea. His current research interests include dynamic capability, competitive strategy, ambidextrous organization, knowledge and innovation, and social capital.