Does foreign ownership foster domestic firms’ innovation? evidence from korea = 외국인 투자와 국내 기업의 혁신활동 : 한국의 사례

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This study examines whether foreign equity investment promotes domestic firms’ innovation activities. Using panel data on the Korean firms during the 1999?2013 period, we find that foreign ownership has a positive effect on firms’ innovation activities. Furthermore, we also show that, as compared to non-chaebol firms, chaebol firms’ innovation activity becomes much greater with the increase of foreign ownership. Finally, we investigate industry-level spillover effects of innovation. Specifically, we find that foreign ownership promotes innovation activities via forward linkage, the effect of which is also more pronounced in chaebol firms. (JEL F21, G32, O3)
Advisors
Oh, Frederick Dongchuhlresearcher오동철researcher
Description
한국과학기술원 :경영공학부,
Publisher
한국과학기술원
Issue Date
2017
Identifier
325007
Language
eng
Description

학위논문(석사) - 한국과학기술원 : 경영공학부, 2017.2,[ii, 22 p. :]

Keywords

Foreign Ownership▼aInnovation▼aChaebol▼aSpillover▼aPatent; 외국인 지분▼a혁신▼a재벌▼a파급효과▼a특허

URI
http://hdl.handle.net/10203/242714
Link
http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=708607&flag=dissertation
Appears in Collection
MT-Theses_Master(석사논문)
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