Management Practices and Firm Performance in Japanese and Korean Firms

Keun Lee (), Tsutomu Miyagawa, Shigesaburo Kabe, Junhyup Lee, Hyoungjin Kim and Young Gak Kim
Authors registered in the RePEc Author Service: YoungGak Kim ()

Microeconomics Working Papers from East Asian Bureau of Economic Research

Abstract: The US economy had accelerated economic growth since the late 1990s. At first, many economists and policy makers believed that the rapid growth in the IT industry and IT investment contributed to the acceleration in US economic growth and many advanced countries supported the IT industry and IT investment in their own countries. However, the gap in rates of economic or productivity growth between the US and other advanced countries has remained even in the early 2000s. Since then, many economists have paid attention to the complementary role in intangible assets in productivity growth, that is, they started to believe that without intangible assets, the IT assets does not contribute to productivity growth at the firm and aggregated level.

Keywords: Japanese firms; Korean firms; management practices (search for similar items in EconPapers)
JEL-codes: D02 D21 D23 D24 (search for similar items in EconPapers)
Date: 2009-01
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Citations: View citations in EconPapers (3)

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