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http://dx.doi.org/10.5392/JKCA.2018.18.10.498

The Relationship between R&D Policies' Importance Perception and Business Performance  

Kim, Soo-Hyun (배재대학교 경영학과)
Lee, Sang-Kyu (산업연구원)
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Abstract
Considering that firms' view on R&D activities may differ depending on the economic situation, in this paper, R&D policies that significantly affect the business performance are identified. The analysis is conducted by dividing the analysis time-frame into before and after the economic recession. In addition, we analyze by considering the type of industry, the proportion of R&D investment, and the type of government support policy that the companies participate in. According to the results of the empirical analysis, the provision of global market and technology information is recognized to give a significant impact on business performance for both before and after the economic recession. It is shown that recognizing the importance of 'supporting self-technology development', 'enhancing technical cooperation with foreign countries', and 'enhancing the contract and intellectual property protection system' that had significant effects before the recession did not significantly affect the business performance after the recession. The analysis results could give meaningful implications to the government for deciding which R&D activities should be supported.
Keywords
Business Performance; R&D Policies; Recession; Regression Analysis;
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Times Cited By KSCI : 3  (Citation Analysis)
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