institutions, and between financial institutions and non-financial industries in Korea. The result show that interconnectedness …

the data on Korea reveals that a short expectation horizon causes coefficient estimates to become small and statistically …

English Abstract: In this paper, we examine how CEO overconfidence affects R&D investment in Korea. Using a sample of …

생산성갭이 크게 축소된 제조업은 혁신주도형 (innovation-based) 성장전략이 적합하고, 선진국에 비해 생산성 수준이 낮은 서비스업은 투자주도형 (investment-based) 성장전략이 유효함을 시사한다. 한편 …English Abstract: Labor productivity growth in Korea has been slowing down across all industries in the 2000s, which … has acted to lower national economic growth substantially. The productivity gap between Korea and advanced economies has …

Korea as a total published 1,613 SCI-level scientific papers and Korean universities applied 27 patents to Korea patent … office. In 2008, Korea published more that 35,000 SCI papers and Korean universities applied about 7,300 patents. The growth … paper tried to investigate university research through the window of patent. Patents lie between invention and innovation …

English Abstract: This paper examines how venture capital alters the impact of banking crises on innovation based on … tightening of bank credit and show several findings. First, the banking crisis causes a lower aggregate rate of innovation for at … least five years. Second, the innovation dampening effect of the banking crisis is stronger for industries depending more on …