Journal of Korean Society of Industrial and Systems Engineering (산업경영시스템학회지)

Society of Korea Industrial and System Engineering (한국산업경영시스템학회)
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Antecedents and Effects of R&D Concentration : An Analysis from the Perspective of the Structure-Conduct-Performance paradigm

연구개발(R&D)집중도의 결정요인 및 영향에 관한 연구 : S-C-P 패러다임 관점에서의 접근

  • Cho, Young-Gon (College of Business Administration, Sangmyung University) ;
  • Shin, Hyuk-Seung (Division of Economics, Sookmyung Women's University) ;
  • Sul, Won-Sik (Division of Business Administration, Sookmyung Women's University)
  • 조영곤 (상명대학교 국제통상학과) ;
  • 신혁승 (숙명여자대학교 경제학부) ;
  • 설원식 (숙명여자대학교 경영학부)
  • Received : 2014.07.24
  • Accepted : 2014.08.14
  • Published : 2014.09.30
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Abstract

This paper examines, from the perspective of the structure-conduct-performance (S-C-P) paradigm, the structural factors that determine R&D concentration in industries. The results are as follows. First, an industry's R&D concentration is directly related to its market concentration, R&D intensity, capital intensity, and technological opportunities. In contrast, the higher an industry's performance, the more likely the diffusion of R&D investment is for firms belonging to that industry. Second, an industry's R&D concentration has a positive effect on its market concentration but a negative effect on its performance, suggesting that governments should adopt R&D policies that would induce more firms to invest in R&D instead of focusing only on a few firms to enhance industry performance.

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