Measuring the Impact of ICT-driven Product and Process Innovation on the Korean Economy

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2021-02-10 DOI:10.1080/1226508X.2021.1884114

Won-Sik Hwang, Dongnyok Shim

引用次数: 1

Abstract

ABSTRACT This study analyses the impact of information and communication technology (ICT)-driven product and process innovation on productivity and economic output growth at the sectoral level in Korea. A traditional growth accounting framework is applied with a quality-adjusted price index on ICT capital and ICT intermediate goods. In the productivity analysis, the impact of ICT-driven process innovation weakens over time in both the manufacturing and service sectors. In the economic output growth analysis, ICT-driven product innovation largely influences the ICT producing manufacturing sector, and national economic growth has benefited from ICT-driven product innovation almost four times as much as from ICT-driven process innovation during 2000–2012.

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衡量信息通信技术驱动的产品和流程创新对韩国经济的影响

摘要本研究分析了信息通信技术(ICT)驱动的产品和流程创新对韩国部门层面生产率和经济产出增长的影响。传统的增长核算框架与ICT资本和ICT中间产品的质量调整价格指数相结合。在生产率分析中，信息通信技术驱动的流程创新对制造业和服务业的影响随着时间的推移而减弱。在经济产出增长分析中，信息通信技术驱动的产品创新在很大程度上影响着信息通信技术生产制造业，2000-2012年期间，信息通信技术驱动的产品创新给国民经济增长带来的好处几乎是信息通信技术驱动的流程创新带来的好处的四倍。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.