Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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A Study on the Characteristics of Companies Using Technologies of the 4th Industrial Revolution in Response to Global Competition

글로벌 경쟁에 대응한 4차 산업혁명 기술 활용의 기업 특성 연구

  • Received : 2021.04.12
  • Accepted : 2021.04.27
  • Published : 2021.04.30
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Abstract

The purpose of this study is to analyze the factors affecting innovation activities related to the introduction of the 4th Industrial Revolution technology for Korean firms faced to the severe global trade and competition environments. This paper conducted an empirical analysis using the 'The Survey of Business Activities' distributed by the Statistics Korea in 2019. According to the results of the analysis, it was found that the firm size, labor cost, R&D, and intellectual property rights had a significant influence on the firms' adoption of the 4th industrial revolution technology. It was also found that the dummy variables such as strategic alliance between companies, review of entry into a new business, transfer of main business operations, and holding of subsidiaries had statistically significant effects on innovation activities. In addition, this paper showed that the firm characteristics had impacts on innovation activities of firms by the 4th industrial revolution technology type. In order for Korean firms to adapt to the challenges by the 4th Industrial Revolution, it is important to provide policy support and an environment in line with the characteristics of the firms.

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References

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