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A Study on the Determination of Export Activities of Korean Manufacturing Companies : Focused on R&D Activities

원문정보

Taeyang Kim, Donghyeop Shin

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초록

영어

For this study, the 2018 Korean Innovation Survey (KIS) by Science and Technology Policy Institute (STEPI) was used to analyze the impact on the exports of Korean manufacturing companies. The analysis consists of two main themes. One is to look at the factors influencing the decision on the export by using the logit model, and the other is to look at the factors influencing the decision on the export by region in the major overseas markets and its marginal effects by using the multinomial logit model. According to our result, the factors influencing the exports of the companies were classified largely into factors of R&D activities, corporate and industrial characteristics, and government support benefits. As a result of the analysis, for the R&D activity factor, internal R&D activities, R&D investment per capita, and proportion of personnel dedicated to R&D activities were found out to have a statistically significant positive (+) effect on the export activity.

목차

Abstract
I. INTRODUCTION
II. PREVIOUS STUDIES
A. R&D and Economy
B. R&D and International Trade
III. ANALYSIS MODEL
A. R&D and International Trade
B. Analysis Framework
IV. DATA AND VARIABLES
A. Data
B. Basic Statistics of Key Variables
V. ESTIMATION RESULTS
A. Factors Affecting Export Decisions of Korean Manufacturing Companies
B. Factors Affecting Export Decision Due to Changes in Overseas Main Markets: Centered on R&D Activities
VI. CONCLUSION AND IMPLICATION
REFERENCES

저자정보

  • Taeyang Kim Science & Technology Policy Institute, KOREA
  • Donghyeop Shin Security Management Institute, KOREA

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