Corporate R&D and Locations

• 발행기관: 한국자료분석학회
• 저자명: 이재우(Jae-Woo Lee) 조성기(Sung Ki Cho) 최병호(Byeongho Choe)
• 간행물 정보: 『Journal of The Korean Data Analysis Society (JKDAS)』Vol.8 No.4, 1303~1313쪽, 전체 11쪽
• 주제분류: 자연과학 > 통계학
• 파일형태: PDF
• 발행일자: 2006.08.30

영문 초록

We set up a model which combines the traditional corporate model of innovation with the theory of regional innovation system(RIS). It incorporates location variables into the neo-classical theory of innovation. We test the influence of location choice on the R&D activities. Our empirical result shows that location variables, i.e., whether factory, business office and headquarters are located in the capital region or not, are an important determinant for the innovative activities of firms, as emphasized by the theory of regional innovation system. Firms located in the capital region show greater tendency to innovate, which implies that location variables are as important as other explanatory variables in the traditional corporate R&D model. Furthermore, we show that the probability of locating plants inside the capital region is higher especially for the firms in high-tech industry, with higher per-employee R&D expenditure and with higher labor costs. This result can help us understand what causes the absorption of local firms into the Seoul capital region. The regional difference in RIS conditions can be a good reason.

목차

1. Corporate R&D and Regional Innovation System

2. Model and Data

3. Results and Interpretation

4. Summary and Conclusions

References

키워드

R&D RIS Binary Logit GLS