Global Financialization and Corporate Innovation Strategy - 9781032147376
Taylor & Francis
Global Financialization and Corporate Innovation StrategyThe Case of Korean Firms\nAuthor(s): Hwan Joo Seo, Sung Jin Kang\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032147376, 978-1032147376\nSynopsis\nTechnological innovation is a core aspect of corporate and national competitiveness and it is not only complexrequiring cooperation and coordination among many stakeholdersbut it also involves high risk due to uncertainty. Financial markets are a key to successful technological innovation. This book looks at how traditional financing and non-traditional ones transform corporate innovation strategy.\n\nThis book reviews Korean companies to illustrate the impact of financialization on technological innovation through the relationships among financialization, managerial myopia and short-termism of innovation strategy. It does so by conducting an empirical study using Korean firm and USPTO data from the period of 1980 to 2017. B.
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