JOURNAL BROWSE
Search
Advanced SearchSearch Tips
Relations between ICT and Productivity: An Empirical Analysis on SMEs in Korea
facebook(new window)  Pirnt(new window) E-mail(new window) Excel Download
 Title & Authors
Relations between ICT and Productivity: An Empirical Analysis on SMEs in Korea
Jeong, Woo-Soo; Kim, Seung-Keon;
  PDF(new window)
 Abstract
The purpose of this study is to analyze the relations of innovation and productivity following the introduction of ICT and the effects in the process of innovative investments activity-innovation-productivity, not only by finding causes and effects. For this purpose we conducted surveys of SMEs classified into 7 categories by type of business. To put it concretely, this study was performed to find out the foactors which allow companies to secure competitiveness by enhancing of innovative measures through ICT, and to further analyze the political implications for the development of small and medium-size business by conducting an empirical analysis of the process, from the determination of innovative investments all the way through to production. Analysis model used CDM model using econometric methods such as multiple regression analysis and multinominal logit analysis to produce results. Also we established and analyzed models of innovation investment determinants, innovation determinants and productivity determinants to analyze specifically the relations between ICT and productivity.
 Keywords
ICT;innovation;investment;productivity;CDM;
 Language
Korean
 Cited by
 References
1.
Electronic Term Dictionary, Sungandang, 2007.

2.
ICT Term Dictionary, Iljinsa, 1994.

3.
OECD, Information economy product definitions based on the central product classification, ver. 2, WPIIS DSTI/ICCP/IIS, 2008.

4.
J. A. Schumpeter, The Theory of Economic Development: An Inquiry into Profit, Capital, Credit, Interest, and Business Cycle, Cambridge, Massachusetts, Harvard University Press, 1934.

5.
Oslo Manual: Guidelines for collecting and Interpreting Innovation Data, Paris, OECD, 2005.

6.
R. Solow, "A Contribution to the theory of economic growth," Quarterly J. Economics, vol. 70, pp. 65-94, 1956. crossref(new window)

7.
B. Crepon, E. Duguet, and J. Mairesse, "Research innovation and productivity: an econometric analysis an the firm level," Econ. Innovation and New Technol., vol. 7, pp. 115-158, 1998. crossref(new window)

8.
H. Loof and A. Heshmati, "Knowledge capital and performance heterogeneity: a firm-level innovation study," Int. J. Production Econ., vol. 76, pp. 61-85, 2002. crossref(new window)

9.
R. Griffith, E. Huergo, J. Mairesse, and B. Peters, "Innovation and productivity across four european countries," J. Oxf. Rev. Econ. Policy, vol. 22, pp. 483-498, 2005.

10.
D. Chudnovsk, A. Lopez, and G. Pupato, "Innovation and productivity in developing countries: a study of argentine manufacturing firms' behavior(1996-2001)," Res. Policy, vol. 35, pp. 266-288, 2006. crossref(new window)

11.
J. Masso and P. Vahter, Innovation and Firm Performance in a Catching-up Economy, UNU-MERIT, 2007.

12.
W. G. Sohn, "A study of the relationship between innovation investment, innovation, and productivity," Seoul University of Venture & Information Seoul, 2010.

13.
G. Symeonidis, Innovation, firm size and market structure: schumpeterian hypotheses and some new themes, OECD Econ. Dept. Working Paper, 1996.

14.
J. S. Hwang, "The factors influencing research and development expenses," J. Accounting and Finance, vol. 10, pp. 129-142, 2003.

15.
T. G. Seong, "Firm size - innovative activity relationship," The Asian Pacific J. Small Business, vol. 25, no. 2, pp. 305-325, 2003.

16.
S. Y. Kim, Characteristics and Changes of the Korean Innovation System: focus on Innovation and Performance of firms, 2008-20, STEPI, 2008.

17.
H. Loof, A. Heshmati, R. Asplund, and S. Naas, Innovation and performance in Manufacturing Industries: a Comparison of the Nordic Countries, SSE/EFI Working Paper Series in Economics and Finance, 2001.

18.
J. Mairesse and P. Mohnen, "R&D and productivity: a reexamination in light of the innovation survey," DRUID Summer Conf. 2003, Working Paper, Copenhagen, Denmark, 2003.

19.
J. S. Nam, Large firm-Small and Medium firm, the Difference of Labor Productivity and Structure (2015), Redian, 2015.6.3. from http://www.redian.org/archive/89157.

20.
K. S. Lee, M. C. Park, and D. H. Lee, "A time lag analysis of R&D effect on total factor productivity in information and communication industry," J. KICS, vol. 31, no. 2B, pp. 154-163, 2006.

21.
P. R. Kim, "An analysis on the structural change of the knowledge service industry," J. KICS, vol. 38B, no. 10, pp. 808-816, 2013. crossref(new window)

22.
B. C. Lee, Study on the influence factor of management innovation, Chonnam National University, 2002.