DongWon Sohn
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Research Subjects
Research Interests
DongWon Sohn has a total of 2 co-authors. Here are the top co-authors by number of shared publications:
- Wonchang Hur
College of Business Administration, Inha University, Incheon 431050, Korea
2 shared publications - Hyun Jeong Kim
Inha University, Republic of Korea
1 shared publication
Latest Publications
- Open Access
- 1 April 2019
- Published by Academy of Social Enterprise in 사회적기업연구(Social Enterprise Studies)
- Vol. 12 (1) , 31-53
사회적 기업의 성장과 보호된 시장의 역할공공기관 우선구매제도의 효과
- 1 April 2019
- Published by Academy of Social Enterprise in 사회적기업연구(Social Enterprise Studies)
- Vol. 12 (1) , 31-53
Open Access사회적 기업의 성장과 보호된 시장의 역할공공기관 우선구매제도의 효과
- 1 January 2010
- Published by Taylor & Francis in Asian Journal of Technology Innovation
- Vol. 18 (2) , 169-185
Effects of R&D and patents on the financial performance of Korean venture firms
This study examines the causal effect of research and development (R&D) and patents on the financial performance of venture firms in Korea, a model catch‐up economy. The tests for random and fixed effects yielded important findings. R&D investment is the most significant factor affecting patenting. However, the results for the effect of R&D and patents on financial performance were inconclusive. Whereas R&D was positively correlated with sales growth, R&D and patents did not improve firm profitability. These findings illustrate the difference between advanced economies and catch‐up economies in terms of incentives for R&D and patents. Unlike in advanced economies, venture firms in catch‐up economies have to depend on incentive‐based government support. Venture firms in catch‐up economies respond to this incentive system by simply increasing the number of patents and by being less diligent in terms of achieving financial performance.
- 1 January 2010
- Published by Taylor & Francis in Asian Journal of Technology Innovation
- Vol. 18 (2) , 169-185
Effects of R&D and patents on the financial performance of Korean venture firms
This study examines the causal effect of research and development (R&D) and patents on the financial performance of venture firms in Korea, a model catch‐up economy. The tests for random and fixed effects yielded important findings. R&D investment is the most significant factor affecting patenting. However, the results for the effect of R&D and patents on financial performance were inconclusive. Whereas R&D was positively correlated with sales growth, R&D and patents did not improve firm profitability. These findings illustrate the difference between advanced economies and catch‐up economies in terms of incentives for R&D and patents. Unlike in advanced economies, venture firms in catch‐up economies have to depend on incentive‐based government support. Venture firms in catch‐up economies respond to this incentive system by simply increasing the number of patents and by being less diligent in terms of achieving financial performance.