지식집약 서비스산업에서 기업간 경쟁이 혁신활동에 미치는 영향

초록

Our study aims to analyze the Schumpeterian hypothesis in terms of the link between knowledge-intensive service sector competition and innovation, a topic that has not received much attention from researchers. We utilize both the Lerner index and CR3 as proxy variables for market structure, distinguish technological innovation from non-technological innovation by considering genuine innovation processes in services and investigate the impact of innovation on corporate performance using KIS-Value data over the 2001-2010 period. We obtain the following results. First, a more competitive market structure may provide a more favorable environment for innovation in knowledge-intensive service industries. Second, we partially confirm that competition in the knowledge-intensive service sector is a positive stimulus to non-technological innovation. Lastly, our estimation results indicate a positive relationship between innovation in knowledge-intensive service sector and corporate performance.

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