Abstract
The research and developments(R&D) are necessary for the stable growth of firm as well as the stable macro-economic growth and developments. The role of bank is important fostering firm's active R&D activities. The stable supplies from main banks make the firm concentrate on the long-term R&D investments.
Following the previous researches, bank size may have negative or positive effects on the firm's R&D activities. This research focuses on the relationship between main bank size and firm's R&D investments.
According to the results of this research, there is a non-linear relations between main bank size and firm's R&D investments. In spite of a negative relations below some specific bank size level, We found a positive relations over some specific bank size level. These results are strongly supported in case of changing the R&D variables or using the lagged bank size variables instead of contemporary ones.
Following the previous researches, bank size may have negative or positive effects on the firm's R&D activities. This research focuses on the relationship between main bank size and firm's R&D investments.
According to the results of this research, there is a non-linear relations between main bank size and firm's R&D investments. In spite of a negative relations below some specific bank size level, We found a positive relations over some specific bank size level. These results are strongly supported in case of changing the R&D variables or using the lagged bank size variables instead of contemporary ones.
| Translated title of the contribution | Main Bank Size and Firm‘s R&D Investments |
|---|---|
| Original language | Korean |
| Pages (from-to) | 153-169 |
| Number of pages | 17 |
| Journal | 상업교육연구 |
| Volume | 29 |
| Issue number | 1 |
| State | Published - Feb 2015 |