한국의 지역 성장과 유형별 R&D 투자 간 관계: 16개 광역시·도를 중심으로

The Relationship between Regional Growth and R&D Investment by Type in Korea: A Focus on 16 Metropolitan Cities and Provinces

Purpose - This study categorized R&D investments by sector of performance made in 16 metropolitan cities and provinces from 1998 to 2022 and analyzed the impact of those R&D investments on the growth of GRDP. Design/Methodology/Approach - This study applied the panel FMOLS model to analyze the long-term equilibrium relationship between R&D and GRDP variables that have a linear relationship. Findings - This study confirmed that public R&D, private R&D, and university R&D investments in 16 metropolitan cities and provinces have a positive effect on the growth of GRDP. However, the impact of these R&D investments on the growth of GRDP was higher in metropolitan provinces than in metropolitan cities, and private R&D investment served as leverage in growing GRDP in certain metropolitan cities and provinces. In addition, certain metropolitan cities and provinces contributed to the growth of GRDP by combining two or more R&D investments among public R&D, private R&D, and university R&D investments. Research Implications - 16 metropolitan cities and provinces should establish new R&D investment strategies to regenerate specialized industries in areas facing growth limitations, along with new balanced development strategies that can promote sustainable growth by considering endogenous factors such as the low birth rate and aging population, and exogenous factors such as special economic zones.