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The R&D and productivity relationship of Korean listed firms

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  • Almas Heshmati
  • Hyesung Kim

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  • Almas Heshmati & Hyesung Kim, 2011. "The R&D and productivity relationship of Korean listed firms," Journal of Productivity Analysis, Springer, vol. 36(2), pages 125-142, October.
    • Handle: RePEc:kap:jproda:v:36:y:2011:i:2:p:125-142
    DOI: 10.1007/s11123-010-0206-y
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    2. Hyesung Kim & Almas Heshmati & Dany Aoun, 2006. "Dynamics of Capital Structure: The Case of Korean Listed Manufacturing Companies," Asian Economic Journal, East Asian Economic Association, vol. 20(3), pages 275-302, September.
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    10. Loof, Hans & Heshmati, Almas, 2002. "Knowledge capital and performance heterogeneity: : A firm-level innovation study," International Journal of Production Economics, Elsevier, vol. 76(1), pages 61-85, March.
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    13. Giuseppe Medda & Claudio Piga & Donald S Siegel, 2005. "University R&D and Firm Productivity: Evidence from Italy," The Journal of Technology Transfer, Springer, vol. 30(2_2), pages 199-205, January.
    14. Hall, Bronwyn H. & Mairesse, Jacques, 1995. "Exploring the relationship between R&D and productivity in French manufacturing firms," Journal of Econometrics, Elsevier, vol. 65(1), pages 263-293, January.
    15. Heshmati, Almas, 2006. "A Generalized Knowledge Production Function," Ratio Working Papers 89, The Ratio Institute.
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    23. Inha Oh & Almas Heshmati & Chulwoo Baek & Jeong‐Dong Lee, 2009. "Comparative Analysis Of Plant Dynamics By Size: Korean Manufacturing," The Japanese Economic Review, Japanese Economic Association, vol. 60(4), pages 512-538, December.
    24. Zvi Griliches, 1984. "R&D, Patents, and Productivity," NBER Books, National Bureau of Economic Research, Inc, number gril84-1, January.
    25. Hans Loof & Almas Heshmati, 2006. "On the relationship between innovation and performance: A sensitivity analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(4-5), pages 317-344.
    26. Kang, Jae-Won & Heshmati, Almas & Choi, Gyong-Gyu, 2006. "The Effect of Credit Guarantees on Survival and Performance of SMEs in Korea," Ratio Working Papers 92, The Ratio Institute.
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    29. Sakakibara, Mariko & Cho, Dong-Sung, 2002. "Cooperative R&D in Japan and Korea: a comparison of industrial policy," Research Policy, Elsevier, vol. 31(5), pages 673-692, July.
    30. Almas Heshmati, 2003. "Productivity Growth, Efficiency and Outsourcing in Manufacturing and Service Industries," Journal of Economic Surveys, Wiley Blackwell, vol. 17(1), pages 79-112, February.
    31. Rosenberg, Nathan, 1974. "Science, Invention and Economic Growth," Economic Journal, Royal Economic Society, vol. 84(333), pages 90-108, March.
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    33. Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
    34. Jones, Charles I, 1995. "R&D-Based Models of Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 759-784, August.
    35. R. Schmalensee & R. Willig (ed.), 1989. "Handbook of Industrial Organization," Handbook of Industrial Organization, Elsevier, edition 1, volume 2, number 2.
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    37. Katrak, Homi, 1989. "Imported technologies and R&D in a newly industrialising country : The experience of Indian enterprises," Journal of Development Economics, Elsevier, vol. 31(1), pages 123-139, July.
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    Cited by:

    1. Jiancheng Guan & Lanxin Pang, 2018. "Bidirectional relationship between network position and knowledge creation in Scientometrics," Scientometrics, Springer;Akadémiai Kiadó, vol. 115(1), pages 201-222, April.
    2. Mariacristina Piva & Massimiliano Tani & Marco Vivarelli, 2023. "The productivity impact of short-term labor mobility across industries," Small Business Economics, Springer, vol. 60(2), pages 691-705, February.
    3. Yvonne McNulty & Chris Brewster, 2016. "Theorizing the Meaning(s) of 'Expatriate': Establishing Boundary Conditions," John H Dunning Centre for International Business Discussion Papers jhd-dp2016-05, Henley Business School, University of Reading.
    4. Ugur, Mehmet & Trushin, Eshref & Solomon, Edna & Guidi, Francesco, 2016. "R&D and productivity in OECD firms and industries: A hierarchical meta-regression analysis," Research Policy, Elsevier, vol. 45(10), pages 2069-2086.
    5. Davide Castellani & Mariacristina Piva & Torben Schubert & Marco Vivarelli, 2018. "The source of the US /EU Productivity Gap:Less and less effective R&D," LEM Papers Series 2018/16, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    6. Nigel Driffield & Jun Du & Jan Godsell & Mark Hart & Katiuscia Lavoratori & Steven Roper & Irina Surdu & Wanrong Zhang, 2021. "Understanding productivity:Organisational Capital perspectives," Working Papers 013, The Productivity Institute.
    7. Acosta, Manuel & Coronado, Daniel & Romero, Carlos, 2015. "Linking public support, R&D, innovation and productivity: New evidence from the Spanish food industry," Food Policy, Elsevier, vol. 57(C), pages 50-61.
    8. Mariacristina Piva & Massimiliano Tani & Marco Vivarelli, 2018. "Business visits, knowledge diffusion and productivity," Journal of Population Economics, Springer;European Society for Population Economics, vol. 31(4), pages 1321-1338, October.
    9. Piva, Mariacristina & Tani, Massimiliano & Vivarelli, Marco, 2017. "Labour mobility through business visits as a way to foster productivity," MERIT Working Papers 2017-004, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    10. Raquel Ortega-Argilés & Mariacristina Piva & Marco Vivarelli, 2014. "The transatlantic productivity gap: Is R&D the main culprit?," Canadian Journal of Economics, Canadian Economics Association, vol. 47(4), pages 1342-1371, November.
    11. Castellani, Davide & Piva, Mariacristina & Schubert, Torben & Vivarelli, Marco, 2019. "R&D and productivity in the US and the EU: Sectoral specificities and differences in the crisis," Technological Forecasting and Social Change, Elsevier, vol. 138(C), pages 279-291.
    12. Uwitonze, Eric & Heshmati, Almas, 2016. "Service Sector Development and its Determinants in Rwanda," IZA Discussion Papers 10117, Institute of Labor Economics (IZA).
    13. Min, Byung S. & Smyth, Russell, 2014. "Corporate governance, globalization and firm productivity," Journal of World Business, Elsevier, vol. 49(3), pages 372-385.
    14. Castellani, Davide & Piva, Mariacristina & Schubert, Torben & Vivarelli, Marco, 2016. "The Productivity Impact of R&D Investment: A Comparison between the EU and the US," IZA Discussion Papers 9937, Institute of Labor Economics (IZA).
    15. Hulya Ulku & Mehmet Pamukcu, 2015. "The impact of R&D and knowledge diffusion on the productivity of manufacturing firms in Turkey," Journal of Productivity Analysis, Springer, vol. 44(1), pages 79-95, August.
    16. Piva, Mariacristina & Tani, Massimiliano & Vivarelli, Marco, 2017. "The Productivity Impact of Business Mobility: International Evidence," GLO Discussion Paper Series 14, Global Labor Organization (GLO).
    17. Subal Kumbhakar & Raquel Ortega-Argilés & Lesley Potters & Marco Vivarelli & Peter Voigt, 2012. "Corporate R&D and firm efficiency: evidence from Europe’s top R&D investors," Journal of Productivity Analysis, Springer, vol. 37(2), pages 125-140, April.
    18. M. Grazzi & C. Piccardo & C. Vergari, 2019. "Concordance and complementarity in Intellectual Property instruments," Working Papers wp1127, Dipartimento Scienze Economiche, Universita' di Bologna.
    19. Raquel Ortega-Argilés, 2012. "The Transatlantic Productivity Gap: A Survey Of The Main Causes," Journal of Economic Surveys, Wiley Blackwell, vol. 26(3), pages 395-419, July.
    20. Zhang, Yi & Chen, Kaihua, 2022. "Network growth dynamics: The simultaneous interaction between network positions and research performance of collaborative organisations," Technovation, Elsevier, vol. 115(C).
    21. Graziella Bonanno & Annalisa Ferrando & Stefania Patrizia Sonia Rossi, 2023. "Do innovation and financial constraints affect the profit efficiency of European enterprises?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(1), pages 57-86, March.
    22. YoungGak KIM & ITO Keiko, 2013. "R&D Investment and Productivity: A comparative study of Japanese and Korean firms," Discussion papers 13043, Research Institute of Economy, Trade and Industry (RIETI).

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    More about this item

    Keywords

    R&D investment; Productivity; Selectivity; Chaebol; Simultaneity; Asian financial crisis; C33; E22; L60; O32;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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