Effects of Rewards and Collaboration on Patenting and Innovative Activities and Performance

Abstract

This study analyzed the factors relevant to the effects of rewards and collaboration on patent and innovative activities and management performance. Methods/Statistical analysis: PLS was used for the statistical analysis in this study. Widely used across social sciences, PLS is a statistical tool optimizing the empirical testing of measurement and structural models. Findings: The structural model is verified in terms of the coefficient of determination of the dependent variable, which is explained by the size and direction of the path coefficient, statistical significance and antecedents. First, rewards exerted significant effects on patenting and innovative activities. Second, collaboration exerted significant effects on patenting and innovative activities. Third, patenting and innovative activities exerted significant effects on management performance. Improvements/Applications: The present findings have a practical implication in that they may serve as an applicable guideline to developing some incentive and support policies using rewards.