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The impact of regulation on product innovation: Comparison of Large and Medium Firms and Small Firm

  • Journal of Regulation Studies
  • 2022, 31(2), pp.39-73
  • DOI : 10.22954/ksrs.2022.31.2.002
  • Publisher : 한국규제학회
  • Research Area : Social Science > Public Administration
  • Received : November 10, 2022
  • Accepted : December 19, 2022
  • Published : December 30, 2022

JUNG JIEUN 1 Joon Mo Ahn 1

1고려대학교

Accredited

ABSTRACT

This study aims to examine whether regulations have different effects on product innovation depending on the firms size. In addition, it was intended to check whether the technology intensity had an interaction effect. According to the analysis results, it was confirmed that Korean manufacturing companies had different results on product innovation depending on firms size, regulatory type, and technology intensity. These results verify that the effect of regulation on each firms size in radical and gradual product innovation is different, and the impact of regulation on product innovation performance varies depending on the degree of technology intensity.

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