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- W3151936032 abstract "With the pace of development and competitiveness, innovation plays an important role to capture the market share. Various countries have effective strategies to enhance Research and Development (R&D) and exchange value added products in international market. So, based on this the aim of this research is to examine the role of R&D, industrial design and charges for intellectual property in innovative exports in South Korean economy. Time series data for the period 1998 to 2017, Ordinary Least Square (OLS) and Generalized Method of Moments (GMM) models are used to determine the dynamic interrelationship among the study variables. In summary, the overall results show that there is co-integration rank of in both trace test and value test at 1% significance level. Moreover, OLS and GMM findings depict that there is significant and positive coefficient for ID & RD which represent that they have positive impact on HT. Whereas, the IP displays a negative and significant relationship with high technology exports accordingly. Lastly, the diagnostic tests show that model is stable for the study time period and result is reliable. The current study also suggests some policy implications which can enhance innovative export products of South Korea while enhancing R&D." @default.
- W3151936032 created "2021-04-13" @default.
- W3151936032 creator A5011529220 @default.
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- W3151936032 date "2021-03-24" @default.
- W3151936032 modified "2023-09-27" @default.
- W3151936032 title "The Role of Technical Innovation and Development of Industrial Sector in Korean International Business" @default.
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- W3151936032 doi "https://doi.org/10.33736/ijbs.3162.2021" @default.
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