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The contribution of R&D outsourcing to productivity growth

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  • The contribution of R&D outsourcing to productivity growth
  • Seo, Hwan Joo; Kim, Han Sung; Lee, Young Soo
  • Science and Technology Policy Institute


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Title The contribution of R&D outsourcing to productivity growth
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Material Type Articles
Author(English)

Seo, Hwan Joo; Kim, Han Sung; Lee, Young Soo

Publisher

Seoul:Science and Technology Policy Institute

Date 2012-06
Journal Title; Vol./Issue STI Policy Review:vol.3(no.1)
Pages 16
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Science/Technology
Holding Science and Technology Policy Institute

Abstract

Few studies have focused on the impact of R&D outsourcing on technological innovation and productivity despite the increased importance of R&D outsourcing. This study analyzes the productivity effects of investment in R&D outsourcing with a sample of Korean manufacturing industries from 2001 to 2009. The estimation
results show a nonlinear U-shaped relationship between productivity and the share of R&D outsourcing capital for total R&D capital. This implies that the cost of R&D outsourcing outweighs its benefits in the early stages of R&D outsourcing. The U-shaped relationship is particularly pronounced in high-technology industries.

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