Servitization and Manufacturing Firms? Performance: Korean Firm-Level Data Evidence

被引:2
作者
Jung, Jae Wook [1 ]
Kim, Hyunsoo [2 ]
机构
[1] Sogang Univ, Seoul, South Korea
[2] Korea Inst Int Econ Policy, Yeongi Gun, South Korea
关键词
Servitization; Manufacturing; Firm Performance; Productivity; INNOVATION;
D O I
10.11644/KIEP.EAER.2022.26.4.413
中图分类号
F [经济];
学科分类号
02 ;
摘要
Does servitization improve manufacturing firms' performance, and in what condition? Following the seminal work of Crozet and Milet (2017), this study analyzes disaggregated firm-level data that covers 40,000 South Korean manufacturing firms surveyed by the Survey of Business Activities of Korea. We compute firm-level servitization intensity with available sales data of each firm by two-digit SIC sub-sectors. We find two novel empirical regularities: Korean servitization intensity distribution shows a very different shape from the French benchmark; Servitized firms tend to perform higher profitability and higher productivity than non-servitized firms.
引用
收藏
页码:257 / 277
页数:21
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