The effect of strategic alliances on firm productivity in South Korea

Minjung Kim ()

Applied Economics, 2015, vol. 47, issue 47, 5034-5044

Abstract: Using a rich firm-level data set from South Korea, this article analyses the impact of strategic alliances on firm performance, focusing on how firm productivity is affected by alliance types such as joint venture, joint technical development, technical alliance, joint marketing and coproduction as well as alliance structures such as intra- and inter-industry alliances. Total factor productivity (TFP) is estimated through the semi-parametric method suggested by Levinsohn and Petrin (2003). In addition, a two-stage least-squares (2SLS) method is applied to reduce the potential endogenous problem between productivity and strategic alliance choices. The empirical results found in this article indicate that the engagement in joint ventures positively affects firm productivity and that the formation of international intra-industry alliances has a positive impact on firm productivity.

Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1080/00036846.2015.1042140 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:47:y:2015:i:47:p:5034-5044

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

DOI: 10.1080/00036846.2015.1042140

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().