Set by government, corporate, financial, and individual sources, venture capitals(VCs) in South Korea adapted themselves to a new and uncertain VC market through stand-alone as well as syndicated investments. This study raises questions about whether the various financial sources differentially...

In order to examine the impact of adoption of Information Systems (ISs) on the actual performance of firms, we estimated the complementarities among ISs and found contextual factors using a survey dataset of 616 Korean firms. In particular, we introduced various contextual variables and analyzed...

Internet portals serve as platforms that coordinate advertising and user markets, and the portal market features network effects within and between both sides. We model the market structure in order to explain network effects and other factors of competition such as prices for advertisements,...

Firms undertake various R&D activities to generate commercializable innovations and to create and sustain competitive advantage. However, mere exploitation of various R&D opportunities has no conclusive impacts on a firm's competitive advantage in innovation, since R&D activities might closely...

As the ICT industry continues to grow, firms worldwide continue to adopt and use enterprise information systems. Although there is some existing research on the determinants of firms¡¯ information system adoption, most such studies do not take into account a firm¡¯s adoption of more than one...

With the premise that patent data are reliable indicators of innovativeness, the empirical analysis of R&D?patents relationship is useful for monitoring the efficiency of the innovation process. This paper extends the research on the relationship between R&D spending and patent counts by...

Although numerous papers have examined the ways in which firms can improve their innovative performance through technology alliances, empirical research on the effect of contract structures in technology licensing has been scarce. This study provides evidence that the payment mechanisms agreed...

This study attempted to identify the relationship among user demand for online music, unauthorized file-sharing activities (piracy), and the effect of digital rights management (DRM) in Korea. Empirical analysis showed that piracy and DRM have negative effects on the demand for online music. In...

This study is conducted to develop a new measurement tool to analyze the extent of innovation by developing nations. The role of science and technology in enhancing the rate of innovation is also investigated. The existing methods for measuring innovation such as Technology Index (WEF),...

This paper examines the relationship between pay inequality, economic growth,and performance in Korea. Pay inequality is estimated by using Theil¡¯s index to identify the factors determining the level of pay inequality, and establish its relationship with economic growth and performance. For...