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An Analysis on the Effect of Industrial Technology R&D Investment on Employment  

Kim, Ho-Young (서울과학기술대학교 에너지정책학과)
Euh, Seung-Seob (고려대학교 경제학과)
Jun, Young-Doo (한국산업기술진흥원 정책기획팀)
Yoo, Seung-Hoon (서울과학기술대학교 에너지정책학과)
Publication Information
Journal of Korea Technology Innovation Society / v.17, no.4, 2014 , pp. 651-672 More about this Journal
Abstract
Under the diagnosis of low employment rate and low growth, the government regards the creation of new jobs through the creative and innovative R&D as an important national plans. This study attempts to measure the employment creation effect of R&D investment of industrial technology by using input-output analysis used in domestic and international broadly. The employment effect can be divided into employment inducement effect and direct employment effect. As a result of the analysis, The employment creation effect of R&D investment of government industrial technology is measured to be 8-12 peoples per 1 billion KRW investment. This results mean that government R&D investment is a effective policy for employment creation. And it is necessary to establish R&D policies that reflect the technical characteristics of the employment creation effect. In short term, it is important that the government invest the superior technology of total employment and direct employment as essential means of employment creation by selection and concentration strategy. In mid-long term, the government should focus on technology spread as technology transfer and opening innovation strategy for employment creation to support superior technology of employment inducement. The results of this study can be used in analysis on the employment creation effect related to industrial technology R&D.
Keywords
Employment; Industrial Technology Classification Table; Inter-industry Analysis; Industrial Technology R&D;
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