기업의 연구개발 활동이 해외직접투자와 외국인투자에 미치는 영향

• 영문명: The Effects of Corporate R&D Activities on Outward FDI and Foreign Investment in Korea
• 발행기관: 한국무역연구원
• 저자명: 이시활(Si-Hwal Lee) 박천식(Cheon-Sik Park)
• 간행물 정보: 『무역연구』제12권 제4호, 743~765쪽, 전체 23쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2016.08.30

영문 초록

In this study, we investigate the effects of corporate R&D activities on their outward foreign direct investment (OFDI) and foreign investment by using 42,421 company-year data from 2008 to 2014 provided by Microdata Service System of the Korean Bureau of Statistics. From multi-variate fixed effects panel regression, we conclude that there exists a positive effect of R&D investment level of firms in Korea on OFDI. Moreover, there is a negative effect of R&D accomplishments (the number of patents and utility model rights), on their OFDI. No significant relation was found between OFDI and additional R&D activities (intellectual property E-business system, R&D outsourcing and strategic R&D partnership). In addition, there exist positive effects of R&D investment level of firms in Korea on foreign investment. Furthermore, there is a positive effect of R&D accomplishments (the number of patents and utility model rights), on their foreign investment. Lastly, additional R&D activities (intellectual property E-business system, R&D outsourcing and strategic R&D partnership) had positive effect on foreign investment. Implications of the study indicate that through R&D competitiveness and awareness are created through overseas expansion and attraction of foreign capital

키워드

Foreign Investment OFDI Patent Rights R&D