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Service R&D Status and Policy Demands of Innovative Manufacturing Firms in Korea

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Abstract

In order to establish effective policies, it is necessary to ascertain the status of service R&D in the manufacturing sector. We need to know which manufacturing firms participate in service R&D (service R&D participation), and which manufacturing firms make large investments in service R&D (service R&D investment). In addition, in order to establish a policy to revitalize service R&D at manufacturing firms, which is currently at a low level, it is necessary to understand what kind of support policies Korean manufacturing firms demand. Considering that, this study attempts to define the concept of service R&D in the manufacturing sector, and based on that, presents policy directions for revitalizing service R&D in manufacturing by identifying the status of service R&D and the policy demands of innovative manufacturing firms in Korea using survey data.

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  • Koh, Dae-Young, 2022. "Service R&D Status and Policy Demands of Innovative Manufacturing Firms in Korea," Industrial Economic Review 22-19, Korea Institute for Industrial Economics and Trade.
    • Handle: RePEc:ris:kieter:2022_019
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    Keywords

    service industry; service R&D; R&D investment; innovation; innovation policy; service industry policy; industrial policy; manufacturing; manufacturing policy; manufacturing innovation; service innovation; manufacturing-service convergence; convergence policy;
    All these keywords.

    JEL classification:

    • D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • L88 - Industrial Organization - - Industry Studies: Services - - - Government Policy
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - 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
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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