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http://dx.doi.org/10.5855/ENERGY.2014.23.4.196

A Study on the Determinants of Technological Level in Korean Bioenergy Firms  

Park, Chang-Dae (Graduate School of Energy & Environment, Seoul National University of Science and Technology)
Kim, Doo-Chun (Graduate School of Energy & Environment, Seoul National University of Science and Technology)
Park, Jung-Gu (Graduate School of Energy & Environment, Seoul National University of Science and Technology)
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Abstract
This study analyzes the technological level of Korean bioenergy firms and its determinants by using a multiple logistic regression analysis based on a survey. As the result of analysis, the technological level of Korean bioenergy firms has been positively influenced by the firm size, R&D investments and R&D manpower, but negatively influenced by the competition in domestic market and economy of scale. The policy implications of this study are related to achieve the economy of scale and coevolve between demand and supply-firms for the improvement of the technological level of Korean bioenergy firms.
Keywords
Bioenergy; Technological Level; Firm size; R&D Investments; R&D Manpower; Competition in Domestic; Economy of Scale;
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