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The Effect of Regulation in the New Industry on the Business Performance

신산업 분야의 규제 도입이 기업 성과에 미치는 영향

  • Received : 2016.07.25
  • Accepted : 2016.08.11
  • Published : 2016.11.28

Abstract

Many research works have been done in the field of the relationship between regulations and business activities. In general, the relationship is negative, so government took a regulation relaxation policy for some period. However, recently, the better regulation concept is more emphasized than the regulation relaxation. In particular, as the new industry comes to appear, we need to analyze the effect of regulations in the new industry to the business activities, and set up the regulation advancement policy. In this paper, the effect of regulations in the new industry on business activities and performance was analyzed and implications for better regulation policy was derived. According to the results, the effect was different according to the firm's size and the degree of integration in R&D. Therefore we need some consideration of the firm's size and the degree of integration in R&D for establishing the regulatory policies.

Keywords

Regulation;New Industry;Business Activities;Regulation Factors;Business Performance

Acknowledgement

Supported by : 배재대학교

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