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국내 제약기업의 R&D투자와 기업특성요인 간 관계 : 비모수적 접근

Relationship Between Research and Development Investment and Firm-specific Factors of Korean Pharmaceutical Firms: A Nonparametric Approach

보건의료산업학회지 2020년 14권 3호 p.207 ~ 215
이철행, 이상원,
소속 상세정보
이철행 ( Lee Cheol-Haeng ) - Korea Health Industry Development Institute
이상원 ( Lee Sang-Won ) - Sungkyunkwan University School of Pharmacy

Abstract


Objectives: Using data on 86 Korean pharmaceutical firms over a 5-year period from 2013 to 2017, this study empirically analyzes the relationship between research and development (R&D) investment and firm-specific factors.

Methods: Investment variables are R&D expenditure and intensity. Variables for firm-specific factors include firm size, firm age, firm location, technological innovation, and export orientation. Nonparametric statistical methods are used to test the difference in R&D investment and groups are then classified according to the level of firm-specific factors for inter- or between-group comparison.

Results: First, R&D intensity was related to firm size, firm age, and technological innovation. Second, R&D expenditure was related to firm size and technological innovation and this relationship was statistically significant.

Conclusions: The results are expected to provide policy implications for R&D investment decisions and strategic choices made by managers as well as policy makers.

키워드

의약품; R&D투자; 기업별요인; 비모수
Pharmaceutica; R&D Investment; Firm-specific Factors; Nonparametric

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