Global Financialization and Corporate Innovation Strategy: The Case of Korean Firms Joo Seo Hwan
Global Financialization and Corporate Innovation Strategy: The Case of Korean Firms Joo Seo Hwan Technological innovation is a core aspect of corporate and national competitiveness and it is not only…
Specifikacia Global Financialization and Corporate Innovation Strategy: The Case of Korean Firms Joo Seo Hwan
Global Financialization and Corporate Innovation Strategy: The Case of Korean Firms Joo Seo Hwan
Technological innovation is a core aspect of corporate and national competitiveness and it is not only complex--requiring cooperation and coordination among many stakeholders--but it also involves high risk due to uncertainty. This book looks at how traditional financing and non-traditional ones transform corporate innovation strategy.This book reviews Korean companies to illustrate the impact of financialization on technological innovation through the relationships among financialization, managerial myopia and short-termism of innovation strategy. Financial markets are a key to successful technological innovation.
By analyzing the innovation capabilities of Korean companies and presenting indicators of technological competitiveness, it offers insights into how It does so by conducting an empirical study using Korean firm and USPTO data from the period of 1980 to 2017.