A Time Lag Analysis of R&D Effect on Total Factor Productivity in Information and Communication Industry 


Vol. 31,  No. 2, pp. 154-163, Feb.  2006


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  Abstract

The importance of R&D investment has dramatically been increased as industrial paradigm rapidly changes to knowledge-based economy. In order to preserve recent economic growth and reinforce competitive advantage, government policy and regulatory framework needs to be reshaped in ways that minimize the distorted use of limited resources and maximize the efficiency of R&D investment. In this regards, this paper aims to investigate the influence of R&D investment in national economic growth and to compare the effectiveness of IT R&D investment with other industries, in respect to the time lag.

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  Cite this article

[IEEE Style]

L. K. Suk, P. M. Cheol, L. D. Hee, "A Time Lag Analysis of R&D Effect on Total Factor Productivity in Information and Communication Industry," The Journal of Korean Institute of Communications and Information Sciences, vol. 31, no. 2, pp. 154-163, 2006. DOI: .

[ACM Style]

Lee Kyung Suk, Park Myeong Cheol, and Lee Duk Hee. 2006. A Time Lag Analysis of R&D Effect on Total Factor Productivity in Information and Communication Industry. The Journal of Korean Institute of Communications and Information Sciences, 31, 2, (2006), 154-163. DOI: .

[KICS Style]

Lee Kyung Suk, Park Myeong Cheol, Lee Duk Hee, "A Time Lag Analysis of R&D Effect on Total Factor Productivity in Information and Communication Industry," The Journal of Korean Institute of Communications and Information Sciences, vol. 31, no. 2, pp. 154-163, 2. 2006.