Earticle

초록

영어

This study examines the impact of strategic technological innovations (e.g., adoption of fourth industrial revolution (4IR) technologies) on firms’ productivity. To estimate the heterogeneous effects of innovation efforts on firms’ labor productivity, this paper employs a quantile regression model and calculates higher moments of the empirical distributions. This study uses data from 11,654 Korean firms that responded to surveys in 2017 and 2018, comprising 23,308 observations. Our empirical results find that 4IR technology adoption has a significant impact on labor productivity for firms across all quantiles, while the estimates of 4IR technology adoption coefficient on labor productivity are much larger in upper quantiles. This estimated impact of adopting 4IR technology on labor productivity at the upper quantile differs compared to the estimated impact of another innovation strategy, or internal R&D. Notably, adopting 4IR technology increases the median labor productivity of firms and the kurtosis of its distribution. Thus, firms that adopted 4IR technology show labor productivity gains more consistently than those that did not, with few outliers.

목차

ABSTRACT
Ⅰ. Introduction
Ⅱ. Literature Review
2.1. General Purpose Technology and Economic Productivity Gains
2.2. Transformative Technology Adoption and Firm Productivity
2.3. R&D Activities and Firm Productivity
2.4. Hypothesis Development
Ⅲ. Methodology
3.1. Research Strategy
3.2. Data
3.3. Empirical Specification
Ⅴ. Conclusion

키워드

저자

• Sungho Rho [ Associate Professor, School of International Studies, Sejong University, Korea ]
• Sehwan Oh [ Associate Professor, School of Business Administration, Kyungpook National University, Korea ] Corresponding author

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  Asia Pacific Journal of Information Systems

• 간기

  계간

• pISSN

  2288-5404

• eISSN

  2288-6818

• 수록기간

  1990~2026

• 등재여부

  KCI 등재,SCOPUS

• 십진분류

  KDC 325 DDC 658