Comparative Analysis about Employment Effectiveness of SMEs According to Innovation Certification Type

The performance of innovation should be analyzed through various approaches. For this purpose, not only the financial performance but also employment effectiveness were scrutinized. The employment effectiveness of SMEs according to the innovation certification type was compared and examined. The companies that were analyzed are SMEs that have maintained innovative certifications (venture certification, inno-biz certification and main-biz certification) in 2016- 2020, and employment effectiveness were used in the division of the sales-employment coefficient, which is a relative employment effect, and employment growth rate, which is an absolute employment effect. The analysis results are as follows. First, it was confirmed that venturecertified companies have an advantage in both relative and absolute employment effects. Second, in the case of inno-biz and main-biz certified companies, an approach from the perspective of coupling is needed so that financial performance can be linked to employment. In addition, differentiated employment and support policies are needed in the stabilization stage of businesses suitable for the life cycle of the SMEs. Third, as the innovation certification type shows a certain difference in the composition of each industry, a detailed support policy that meets the characteristics of each innovation certification is required.