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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.
The contribution of R&D outsourcing to productivity growth
- The contribution of R&D outsourcing to productivity growth
- Seo, Hwan Joo; Kim, Han Sung; Lee, Young Soo
- Science and Technology Policy Institute
| Title |
The contribution of R&D outsourcing to productivity growth
Similar Titles
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|---|---|
| Material Type | Article |
| 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 |
| License |  |
Abstract
Resources
Innovation policy studies between theory and practice : A literature review based analysis Radosevic, Slavo / 2012-06 / Seoul : Science and Technology Policy Institute
The effect of R&D on high-tech product export competitiveness : Empirical Evidence from Panel Data of East Asian Economies Alemu, Aye Mengistu / 2012-06 / Seoul : Science and Technology Policy Institute
Emerging green clusters in South Korea? : The case of the wind power cluster in Jeonbuk Province Berg, Su-Hyun; Hassink, Robert / 2012-06 / Seoul : Science and Technology Policy Institute
An intercultural experiment to build life science innovation in Korea Nehrbass, Ulf / 2012-06 / Seoul : Science and Technology Policy Institute
Adapting public research institutes to new dynamics of innovation Guinet, Jean / 2012-06 / Seoul : Science and Technology Policy Institute
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