This paper analyzes the characteristics of embodied technological knowledge flow - structure of Korean manufacturing in dynamic perspective, and the relations among knowledge (R&D), embodied knowledge and the rate of technological progress (TFP growth...
This paper analyzes the characteristics of embodied technological knowledge flow - structure of Korean manufacturing in dynamic perspective, and the relations among knowledge (R&D), embodied knowledge and the rate of technological progress (TFP growth) considering the flow - structure. In doing that, the concept of the embodied knowledge network is introduced which is defined as a set of industries and their interaction (embodied knowledge flow) or linkage. The analysis of the inter - industrial embodied knowledge flows is based on the input - output technique for the 1983-93 period and is carried out by such methodology as network analysis, indicator analysis and regression analysis.
The main findings are as follow. First, the structure of embodied knowledge flow can be distinguished between the knowledge out flow sect or sand the inflow sectors. The outflow sectors seem to form the multi - central structure and the inflow sectors to form the dualistic structure. Second, in the both of outflow and inflow sectors, we can find significant spillover from embodied knowledge respectively. Furthermore, TFP growth in the knowledge inflow sectors is positively related to spillover through the intermediary sectors.