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(The) determinants of industry-university-GRI linkages and their impacts on firm performance : (The) case of Korea

Authors
Publisher
서울대학교 대학원
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Disciplines
  • Political Science

Abstract

In the knowledge-based economy, knowledge is essential; thus the role of universities as a source of new knowledge becomes more important than in the past. Furthermore, fiercer global competition and shifting technological regimes add significance to industry-university-government research institute (IUG) linkages or knowledge commercialization systems. In advanced countries, industry-university linkages were formed early, and a variety of knowledge commercialization systems have been established to contribute to national economies. On the other hand, the situation is different in developing countries. In Korea, as a catch-up country, technological innovation has been led mainly by chaebols. It resulted in the ¡°dual system¡± comprised of strong large and weak small firms, and the weak status of universities in a national economy. The unique characteristics of national innovation system (NIS) in Korea have left its knowledge commercialization systems underdeveloped. It is only recently that Korea has been recognized the importance of knowledge commercialization to set up institutions for it. In this situation, this thesis examined the current situation of IUG linkages in Korea, specifically, the determinants of IUG linkages and their impacts on firm performance. Joint or contract R&D is currently the most prevalent governance form in Korea, so it empirically analyzed ¡®technological cooperation¡¯ between industry and university, or GRI, as one of knowledge commercialization systems. This thesis focused on the following four hypotheses. First, IUG cooperation in Korea is determined by firm characteristics, sector characteristics, and government¡¯s support measures for R&D. Second, IUG cooperation increases the innovation probability of firms. Third, for innovative firms, the impact of IUG cooperation is revealed in the form of patent rather than sale or labor productivity. Fourth, IUG cooperation contributes to product rather than process innovation. To prove these hy

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