Table 3 Means and standard deviations of TM items of Chinese and Korean firms.
From: How do latecomer firms achieve catch-up through technology management: a comparative analysis
China high-tech firms | Korea high-tech firms | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Ranking | Mean | Std. deviation | N | Ranking | Mean | Std. deviation | N | Differences | |
Technology finance management | |||||||||
Adequacy of funding for technology activities | 2 | 3.7500 | 0.93399 | 48 | 1 | 3.4839 | 0.81121 | 31 | 1 |
Many sources for funding technology activities | 1 | 3.8125 | 0.93754 | 48 | 3 | 3.2903 | 1.07062 | 31 | −2 |
Accuracy in estimating funds for technology activities | 5 | 3.5625 | 1.02949 | 48 | 6 | 2.9355 | 0.99785 | 31 | −1 |
Appropriate allocation of funds to technology projects | 3 | 3.6875 | 0.92613 | 48 | 2 | 3.3548 | 1.05035 | 31 | 1 |
Effective assessment of utilization of funds for technology activities | 6 | 3.5417 | 1.00970 | 48 | 4 | 3.2581 | 1.06357 | 31 | 2 |
Adaptation in funding of technology to changing circumstances | 4 | 3.6250 | 1.08422 | 48 | 5 | 3.0000 | 1.06458 | 31 | −1 |
Technology equipment management | |||||||||
Learning from other businesses on equipment | 5 | 3.7292 | 0.93943 | 48 | 1 | 3.7742 | 0.76200 | 31 | 4 |
Equipments are regulated | 2 | 3.9792 | 0.88701 | 48 | 3 | 3.4516 | 0.92516 | 31 | −1 |
Proper maintenance of equipment | 4 | 3.7708 | 0.8565 | 48 | 2 | 3.4839 | 1.02862 | 31 | 2 |
Allocating job responsibilities depending upon types of equipment | 3 | 3.9167 | 0.87113 | 48 | 4 | 3.4194 | 0.99244 | 31 | −1 |
Management ability to grasp the condition of an equipment | 1 | 4.0208 | 0.75764 | 48 | 5 | 3.3871 | 0.91933 | 31 | −4 |
THRM | |||||||||
Understanding technology talents required by business | 1 | 4.0833 | 0.94155 | 48 | 5 | 3.4516 | 0.85005 | 31 | −4 |
Making the development strategy of technical staff | 3 | 3.7708 | 0.99444 | 48 | 7 | 3.3871 | 0.88232 | 31 | −4 |
Effective process of talent selection | 4 | 3.7083 | 0.98841 | 48 | 4 | 3.5484 | 0.96051 | 31 | 0 |
Effective motivating of technical staff | 8 | 3.5833 | 0.87113 | 48 | 2 | 3.6774 | 0.97936 | 31 | 6 |
Effective training | 5 | 3.7500 | 0.86295 | 48 | 1 | 3.7419 | 0.96498 | 31 | 4 |
Team building | 5 | 3.7500 | 1.02105 | 48 | 3 | 3.6129 | 0.91933 | 31 | 2 |
Communication channels | 7 | 3.6667 | 0.90703 | 48 | 5 | 3.4516 | 0.76762 | 31 | 2 |
Learning from success and failure | 2 | 3.7917 | 0.98841 | 48 | 8 | 3.3226 | 0.90874 | 31 | −6 |
Technology information management | |||||||||
Planned gathering of tech-info | 3 | 3.6458 | 1.04147 | 48 | 4 | 3.3226 | 0.87129 | 31 | −1 |
Detailed tech-info management system | 5 | 3.4375 | 1.10908 | 48 | 1 | 3.4516 | 0.92516 | 31 | 4 |
Research on every technology | 6 | 3.4167 | 1.02798 | 48 | 5 | 3.1935 | 0.83344 | 31 | 1 |
Complete file on technology | 1 | 3.7500 | 1.08176 | 48 | 3 | 3.3871 | 1.14535 | 31 | −2 |
Strategy depends on tech-info | 2 | 3.6875 | 0.97099 | 48 | 2 | 3.4194 | 0.76482 | 31 | 0 |
Effective tech-info transfer system | 4 | 3.5833 | 0.94155 | 48 | 6 | 3.1613 | 0.96943 | 31 | −2 |
Technology achievement management | |||||||||
Timeliness in gaining benefits of technological achievement | 4 | 3.6667 | 1.01758 | 48 | 3 | 3.2258 | 1.02338 | 31 | 1 |
Management system of technological achievement | 3 | 3.8542 | 0.98908 | 48 | 4 | 3.1613 | 0.96943 | 31 | −1 |
Timely evaluation of benefits of technological achievement | 5 | 3.6458 | 0.97827 | 48 | 5 | 3.129 | 0.95715 | 31 | 0 |
Rapid dissemination of technological achievement within the business | 6 | 3.4792 | 1.14835 | 48 | 6 | 3.0645 | 1.12355 | 31 | 0 |
Transfer of technology to external parties | 7 | 3.1250 | 1.17826 | 48 | 7 | 3.0000 | 0.96609 | 31 | 0 |
Active in applying for patents | 2 | 4.0000 | 0.94531 | 48 | 2 | 3.4194 | 0.84751 | 31 | 0 |
Technological achievements are reliably protected | 1 | 4.0625 | 1.0191 | 48 | 1 | 3.7097 | 0.97275 | 31 | 0 |
