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Do the Sales Effects of Food-tech Adoption Differ by Regional Rent Levels?

Woo Ho Sung 1,  Joo Jinho 2,  Kimsaehim ORD ID 3

1한국부동산원
2경기신용보증재단
3한양대학교

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ABSTRACT

Recently, food-tech has attracted increasing attention as an innovative strategy in the food service industry. However, previous studies have mainly focused on the effects of specific technologies while overlooking the role of location and spatial value. This study examines the impact of food-tech adoption on restaurant sales and analyzes how these effects vary with rent levels, a proxy for location and spatial value. Food-tech was classified into internal efficiency-driven and external efficiency-driven based on functional characteristics, and the analysis was conducted across different regions. The results show that internal efficiency-driven food-tech has a significant positive effect on sales only in non-metropolitan areas, suggesting that it helps mitigate labor constraints. In contrast, external efficiency-driven food-tech has a positive effect on sales across all regions and shows a stronger direct effect than internal technologies. The moderating analysis further indicates that the positive effect of external efficiency-driven food-tech is greater in areas with lower rent levels, while the effect weakens as rent increases. This suggests that food-tech complements but does not replace locational advantages. These findings imply that commercial district revitalization policies should incorporate digital-based operational support while tailoring food-tech strategies to regional characteristics and rent levels.

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* References for papers published after 2025 are currently being built.