Investigation of the relationship among technological innovation, technology commercilization and firm performance in the manufacturing industry

The main purpose of this thesis is to examine the relationships among technological innovation, technology commercialization and firm performance in the manufacturing industry. For this purpose, in this thesis, a conceptual model is proposed and relationships between technological innovation, technology commercialization and firm performance were investigated by structural equation modeling. The survey was used as a data collection tool in the study. Data were collected by sampling from 351 companies out of 1082 companies in the 2018 list of research and development statistics published by Turkish Republic Ministry of Technology and Industry, research and development incentives. The survey data was compiled with IBM SPSS Statistics 21 and AMOS 22 softwares and the hypothesized for the purpose of the research were tested by structural equation modeling. As a result of research and application, the relationship between technological innovation and technology commercialization, and the relationship between technology commercialization and firm performance were found to be significant. However, there was no significant relationship between technological innovation and firm performance. In addition, in the relationship between technological innovation and firm performance, the mediation effect of technology commercialization was found significant and it was determined that the effect power is at a medium level.