Labor Union Effects on Innovation and Commercialization Productivity: An Integrated Propensity Score Matching and Two-Stage Data Envelopment Analysis
| Autor: | Hangyeol Seo, Hyesoo Ko, Yanghon Chung, Chungwon Woo, Dongphil Chun |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2015 |
| Předmět: |
Labour economics
Geography Planning and Development innovation productivity TJ807-830 Management Monitoring Policy and Law TD194-195 Commercialization two-stage data envelopment analysis (DEA) model Renewable energy sources jel:Q commercialization productivity labor union Data envelopment analysis Economics GE1-350 Korea Innovation Survey Productivity Environmental effects of industries and plants Renewable Energy Sustainability and the Environment jel:Q0 jel:Q2 jel:Q3 jel:Q5 Environmental sciences jel:O13 propensity score matching (PSM) Propensity score matching Manufacturing firms jel:Q56 Labor union |
| Zdroj: | Sustainability, Vol 7, Iss 5, Pp 5120-5138 (2015) Sustainability Volume 7 Issue 5 Pages 5120-5138 |
| ISSN: | 2071-1050 |
| Popis: | Research and development (R& D) is a critical factor in sustaining a firm’s competitive advantage. Accurate measurement of R& D productivity and investigation of its influencing factors are of value for R& D productivity improvements. This study is divided into two sections. The first section outlines the innovation and commercialization stages of firm-level R& D activities. This section analyzes the productivity of each stage using a propensity score matching (PSM) and two-stage data envelopment analysis (DEA) integrated model to solve the selection bias problem. Second, this study conducts a comparative analysis among subgroups categorized as labor unionized or non-labor unionized on productivity at each stage. We used Korea Innovation Survey (KIS) data for analysis using a sample of 400 Korean manufacturers. The key findings of this study include: (1) firm innovation and commercialization productivity are balanced and show relatively low innovation productivity and (2) labor unions have a positive effect on commercialization productivity. Moreover, labor unions are an influential factor in determining manufacturing firms’ commercialization productivity. |
| Databáze: | OpenAIRE |
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