The Contribution of R&D Investment to Productivity in the South Korean Service Sector

Minsung Kang ()
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Minsung Kang: Korea Institute for Industrial Economics and Trade, http://www.kiet.re.kr

No 19-14, Industrial Economic Review from Korea Institute for Industrial Economics and Trade

Abstract: The CDM model, which is mainly utilized in analyses of manufacturing companies, has also been studied for service companies as interest in R&D and service industry innovation has increased. A case study of the CDM model based on the CIS or similar survey of the service industry can be found in Garcia-Pozo, A. et al (2018), De Fuentes, C. et al (2015) and Masso, J., Vahter, P. (2012). They found, using a CDM analysis of a CIS survey in Spain, Mexico and Estonia that investment in product innovation during innovation processes in service sector firms positively affects corporate productivity. But as of yet there are no empirical studies to analyze the performance of Korean service firms’ R&D through the CDM methodology. This work analyzes the performance of R&D at Korean firms through the CDM model.

Keywords: service industry; service R&D; innovation performance (search for similar items in EconPapers)
JEL-codes: L80 O32 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2023-01-08
New Economics Papers: this item is included in nep-cse and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kieter:2019_014

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