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2012. 12. 10 박사과정 4 학기 한상연

2012 Fall Seminar on Technology Strategy Final Term Paper. 기술혁신 전략과 성과간 특허의 매개역할 분석 연구 Does the R&D input, patents, and firm performance be really connected ?. 2012. 12. 10 박사과정 4 학기 한상연. Paul M. Romer

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2012. 12. 10 박사과정 4 학기 한상연

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  1. 2012 Fall Seminar on Technology Strategy Final Term Paper 기술혁신 전략과 성과간 특허의 매개역할 분석 연구Does the R&D input, patents, and firm performance be really connected? 2012. 12. 10 박사과정 4학기 한상연

  2. Paul M. Romer • an American economist, enterpreneur, and activist- professor of economics at the Stern School of Business • at New York Univ. Ⅰ. Introduction Knowledge is made the most important driving force - Endogenous Technological Change (1990) - • If the technological change is a exogeneous variable, the effect will be temporary • But if it is a endogeneous, the effect will be always reflected to economy

  3. Ⅱ. Theoretical background • Technology Innovation as a Black Box?(Kline and Rosenberg, 1986) “Black Box” Output Input • Input and Output Theory for Innovation - Knowledge production Function CDM Model Knowledge Production Function, KPF Pakesand Griliches(1984) Crepon, Duguet, and Mairesse(1998)

  4. Ⅱ. Theoretical background • Pros and Cons of CDM Model(input-output Model) • Assumption that the knowledge production function is a mediating factor • between the input and output • There is no confirmation analysis for mediating effect • There are needs to discriminate the ‘input’, ‘output’, • ‘outcome’ • Considering the Selectivity and Simultaneity using ALS • (Asymtotic Least Square) • There are enough data to use only R&D firms • There is no confirmation analysis for mediating effect

  5. Ⅲ. Research Model and Question • Does the Innovation input can affect to Innovation output?(H1) • Does the Innovation input can directly affect to Innovation outcome?(H2) • Does the innovation output really can be a moderating factor • between innovation input and outcome?

  6. Research Method • Following the innovation input and output theory • (Endogeneous economic growth theory) (Pakesand Griliches, 1984) • Using LISREL for considering Simultaneity – Structural Equation Model Ⅳ. Research Method and Data • Research DATA • Using HCCP((Human capital corporate panel by KRIVET(Korea Research • Institute for Vocational Education and Training) • Innovation Input, Output(patents as a Knowledge), Outcome(Financial • Performance)

  7. Thank You!

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