Sectoral systems of innovation and productivity catch-up: determinants of the productivity gap between Korean and Japanese firms

Jung, Myung-Pyo; Lee, Keun

doi:10.1093/icc/dtp054

Cited by 91 publications

(58 citation statements)

References 32 publications

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“…The quality of labour, mostly proxied by educational attainment, together with R&D, is one of the most emphasised determinants of total factor productivity. Issakson (2007) in his extensive review on TFP determinants argues that increase in the quality of labour enhances absorptive capacity and thus technology transfer. There is, however, a distinction between basic and university education, where university education is necessary factor for technological innovation.…”

Section: Literature Reviewmentioning

confidence: 99%

Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector

Botrić¹,

Božić²,

Broz³

2017

Journal of International Studies

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Abstract. Post transition economies carry the legacy of previous system, supposed to have collapsed in partly due to inability to sustain innovation and technical progress. In terms of innovation activity, they still lag behind advanced market economies. This brings the issue of total factor productivity (TFP) for these countries/industries/firms in focus of research interest. Relying on the TFP firmlevel estimates from the World Bank' Enterprise Survey dataset, we analyse the main contributing factors in following post-transition economies: Georgia, Turkey, Ukraine, Russia, Romania, Bosnia and Herzegovina, FYR Macedonia, Mongolia, Slovenia and Croatia. The potential determinants include variables frequently named in the literature: R&D efforts, human capital, ICT investment, competition (product market regulation) and international trade. The data for the TFP determinants is drawn from Business Environment and Enterprise Performance Survey (BEEPS V), which includes both objective variables and perceptions of firms' management. Since many objective variables are simultaneously determined with our dependent variable, we argue that by relying on perceptions we omit the endogeneity issue. In addition to aggregate firm-level TFP determinants, we also distinguish between the manufacturing and service sector. The aim of the research is to emphasize the structural differences between these two segments of post-transition economies.

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Section: Literature Reviewmentioning

confidence: 99%

Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector

Botrić¹,

Božić²,

Broz³

2017

Journal of International Studies

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“…Intertwined with the examination of innovation capability accumulation in these studies is the issue of technological catch-up as an immediate outcome of capability accumulation With respect to factors influencing the accumulation of innovative capabilities, there have been several relevant studies on the role of the underlying learning mechanisms (for a review see Bell, 2006;Bell and Figueiredo, 2012). Other studies have sought to examine the role of factors other than learning in latecomer firms' current capabilities (not accumulation), such as firm-specific factors, including age and size (e.g., Romijn, 1999), leadership (e.g., Kim, 1997), ownership (e.g., Bohe, 2007), as well as industry-specific factors (e.g., Jung and Lee, 2010) and economywide conditions (e.g., Lall, 1992;Arza, 2005).…”

Section: Study Background and Research Questionmentioning

confidence: 99%

Beyond technological catch-up: An empirical investigation of further innovative capability accumulation outcomes in latecomer firms with evidence from Brazil

Figueiredo

2014

Journal of Engineering and Technology Management

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ABSTRACT. This article examines outcomes that are achieved by latecomer firms from the accumulation of innovative capabilities. Drawing on fieldwork evidence from pulp and paper firms in Brazil (1950Brazil ( -2010, it was found that: (1) the firms accumulated innovative capabilities that turned them into world leaders in the segment of the global pulp and paper industry based on eucalyptus forestry; (2) besides this technological catch-up, the accumulation of these innovative capabilities resulted in outcomes that generated benefits within these firms such as (i) implemented inventive and innovative activities; (ii) consistent improvement of several parameters of operational and environment-related performance; (iii) varied patterns of corporate growth; (3) these outcomes were achieved not only by research-based and patent-related capabilities but mainly by a mix of innovative capability levels, with differing degrees of novelty and complexity for diverse technological functions. Therefore, the accumulation of a wide range of types and levels of innovative capabilities does pay off for the innovative firms, their industries and, ultimately, their economies. By combining a novel approach to examining firm capabilities with findings from an inductive fieldwork, this article provides new empirical and methodological insights for the longstanding debate on innovative capabilities as the fundamental source of firm competitive performance. The article draws managers' attention to the importance of a multiplicity of types and levels of capabilities to achieve relevant outcomes, and policy makers in developing economies to adopt a comprehensive view on innovative activities and place firm-centred innovation capability accumulation at the centre of industrial innovation policies.

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“…Although Lansbury et al (2006) did not examine organizational performance, other evidence indicates that South Korean companies have found it easier to reach the same productivity levels as local competitors in sectors in which crucial knowledge is explicit rather than tacit, and in which knowledge is embodied in machinery or equipment (Jung and Lee, 2010). This, too, is consistent with the above framework, as organizational learning is likely to be limited to top managers in centralized hierarchies.…”

Section: Reveals That Despite Hyundai Motormentioning

confidence: 71%

Business Systems Theory and Employment Relations

Allen

2014

The Oxford Handbook of Employment Relations

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Sectoral systems of innovation and productivity catch-up: determinants of the productivity gap between Korean and Japanese firms

Cited by 91 publications

References 32 publications

Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector

Explaining firm-level total factor productivity in post-transition: manufacturing vs. services sector

Beyond technological catch-up: An empirical investigation of further innovative capability accumulation outcomes in latecomer firms with evidence from Brazil

Business Systems Theory and Employment Relations

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