• Title/Summary/Keyword: Multivatiate Probit

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Determinants and Complementarities of the Technological Innovation Protection Mechanisms of Korean Manufacturing Firms (한국 제조기업의 기술혁신보호방법 결정요인과 상호보완성)

  • Yu, Kyung-Jin;Hong, Soon-Ki
    • Korean Management Science Review
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    • v.28 no.3
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    • pp.31-45
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    • 2011
  • This study aims to analyze determinants and complementarities of the technological innovation protection mechanisms of Korean manufacturing firms. The results of the inter-industry comparison show that there are differentiations of the determinants among industries. Independence between legal and strategic protection mechanisms is found in the high technology industry, whereas complementarities exist between them in the low technology industry. It implies that the firms should take into account their endogenous and exogenous factors to choose appropriate combinations of the mechanisms when they build up their innovation protection strategies. This study expects to contribute to establishing technological innovation protection strategies in manufacturing industry.