A Study on the Determinants of IP Protection of Innovation Results in Korean Manufacturing Sector

한국 제조업의 기술혁신성과 보호전략 결정요인에 대한 연구: 지적재산권 보호를 중심으로

The explosion in creation and utilization of IP including Patent since 1980s has been regarded as typical trend affecting the environment for technological innovation. Korea also has shown massive creation of IP. These stimulate the focused interest on the effectiveness of IP for protecting the innovation output. We try to analyze the determinants of this effectiveness in Korean manufacturing sector in terms of the charactenstics of firm's innovation strategy. It is shown that, for protection for product innovation, as being larger, and as having made innovation, the IP protection is regarded as effective, and firms making cooperative R&D have a higher possibility of using IP protection. And larger firms give a higher recognition to effectiveness of IP protection irrespective of the types of innovation such as product innovation and process innovation.