Contents
Understanding innovative investment : intangible investment and R&D expenditures of Korean firms / Hyuk Chung 1
ABSTRACT 1
I. INTRODUCTION 2
II. LITERATURE REVIEW 3
III. EMPIRICAL ANALYSIS 7
1. Data 7
2. Model 10
3. Empirical results : intangible investment 12
4. Empirical results : R&D expenditures 16
IV. CONCLUDING REMARKS 20
REFERENCES 21
〈Appendix〉 Full estimation tables of Table 2~5 26