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SCOPUS 학술저널

Competition and Innovation Spillover

This study examines the relationship between the two sides of innovation of research and development (R&D) and competition. By analyzing the Korean firm-level data from 2000 to 2015, we find that competition is an important factor for innovation spillovers. In addition, decreasing competition magnifies the spillover effect. The net effect of the total spillover diminishes sales and productivity as competition decreases. Lack of competition weakens the commonly known relation that R&D exhibits a positive spillover effect on growth.

I. Introduction

II. Literature Review

III. Data and Methodology

IV. Results

V. Conclusion

References

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