Types of innovation and labor demand : (An) analysis of the effects of R&D on employment in the south korean manufacturing industry (1996 - 2015) = 연구개발투자의 혁신 유형별 고용 효과 : 한국 제조업의 연구개발활동과 노동 수요의 관계 연구 (1996 - 2015) (An) analysis of the effects of R&D on employment in the south korean manufacturing industry (1996 - 2015)

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This thesis examines the effects of R&D investment on employment and labor demand by four types of innovation (new & existing innovation and product & process innovation) with the panel regression analysis of South Korean manufacturing industry (1996~2015). Ranking the top in the world since 2013 on the share of GDP spent on R&D yet suffering from unemployment problems, South Korea provides a great example of how innovation activities affect demand for labor. The empirical analysis contained in this thesis shows that four types of R&D investments are inversely correlated with labor demands at the industry level. In addition, new product R&D investment also shows a negative effect, contrary to some of the previous studies. This result can be ascribed to the decrease in manufacturing employment growth and firms participating innovation. At the firm based group level, small and medium-sized enterprises and large firms which have invested more on new product innovation have increased their demand for labor with new product R&D, while both groups’ process innovation R&D are negatively correlated with labor demand. One of the critical implications of this study is the importance of disaggregating the employment effects of R&D. Since business enterprises’ R&D investments have different effects on employment by types of innovation, policymakers need to consider diverse employment effects of R&D. In particular, more effort is needed to promote existing product and process R&D for job creation, which has been ignored by current industries due to a gap between their perception of R&D capability and actual capacity.
Advisors
Kim, So Youngresearcher김소영researcher
Description
한국과학기술원 :과학기술정책대학원,
Publisher
한국과학기술원
Issue Date
2017
Identifier
325007
Language
eng
Description

학위논문(석사) - 한국과학기술원 : 과학기술정책대학원, 2017.8,[iii, 61 p. :]

Keywords

기술 혁신▼a기술적 실업▼a제조업▼a연구개발투자▼a고용▼a노동 수요▼a과학기술혁신정책; Technological Innovation▼aTechnological Unemployment▼aManufacturing Sector▼aR&D Investment▼aEmployment▼aLabor Demand▼aScience▼aTechnology▼aand Innovation Policy

URI
http://hdl.handle.net/10203/242745
Link
http://library.kaist.ac.kr/search/detail/view.do?bibCtrlNo=718527&flag=dissertation
Appears in Collection
STP-Theses_Master(석사논문)
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