positive effects by enhancing firm productivity and crowding out marginal firms in the market. These positive effects of MWI … among others. In this regard we empirically examine the impact of MWI on the firm productivity (total factor productivity … and by size (number of workers) and analyze their effect on the firm productivity. In particular the production functions …

productivity of the manufacturing sector, relative to that of the whole industry, tends to fall, while that of the service sector …

English Abstract: The Korean economy experienced a slowdown in both productivity growth and exports in the 2010s. Here … we analyze the relationship between changes in exports and in the growth of total factor productivity (TFP). Our … exports and productivity. We find that the positive correlation was stronger during periods in which exports decreased. We …

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 …

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 …