Labor Union Effects on Innovation and Commercialization Productivity: An Integrated Propensity Score Matching and Two-Stage Data Envelopment Analysis
Dongphil Chun, Yanghon Chung, Chungwon Woo, Hangyeol Seo, Hyesoo Ko (Co-author: Chung-Won Woo) Sustainability, 7(5), 5120-5138, 2015 · DOI: 10.3390/su7055120
TL;DR — 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.
Abstract
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.
How to cite
APA: Dongphil Chun, Yanghon Chung, Chungwon Woo, Hangyeol Seo, Hyesoo Ko (2015). Labor Union Effects on Innovation and Commercialization Productivity: An Integrated Propensity Score Matching and Two-Stage Data Envelopment Analysis. Sustainability, 7(5), 5120-5138. https://doi.org/10.3390/su7055120
BibTeX:
@article{woolaborunioninnovationproduc,
title={Labor Union Effects on Innovation and Commercialization Productivity: An Integrated Propensity Score Matching and Two-Stage Data Envelopment Analysis},
author={Dongphil Chun and Yanghon Chung and Chungwon Woo and Hangyeol Seo and Hyesoo Ko},
journal={Sustainability}, volume={7}, number={5}, pages={5120--5138},
year={2015}, doi={10.3390/su7055120}}