콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Government and Law Laws and Legislation

Print

The economic value of intellectual capital and patents in South Korea

Related Document
Frame of Image
  • The economic value of intellectual capital and patents in South Korea
  • Lim, S.; Ryu, T.
  • nternational Journal of Trade, Economics and Finance


link
Title The economic value of intellectual capital and patents in South Korea
Similar Titles
Material Type Articles
Author(English)

Lim, S.; Ryu, T.

Publisher

[Seoul]:nternational Journal of Trade, Economics and Finance

Date 2013-08
Journal Title; Vol./Issue International Journal of Trade, Economics and Finance:Vol. 4(No. 4)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Government and Law < Laws and Legislation
Holding IJTEF

Abstract

As knowledge is key resource in national growth, understanding the distribution of intellectual capital across the national economic sector should precede national policy making for the strength of national competitiveness. This study measure the value of intellectual capital and patent using dataset covering financial statements of 18,733 firms and 214,405 firm-year observations in the period of 1995~2011. The resulting value of intellectual capital is 57.4 billion Korean won in 2010, which is about 52.1% of GDP. And the patent related value in intellectual capital is 4.5 billion Korean won, which is 8% of intellectual capital and 40% of structural capital of a firm in average.