1 Dynamic Performance and Structural Changes of Korean Firms after the Financial Crisis: Evidence from Survey of Business Structure and Activities (2005-2007)

This paper introduces Survey of Business Structure and Activities conducted by National Statistical Office in Korea during the period of 2005-2007 and analyzes Korean firms’ activities after the financial crisis of 1998-1998. Korean firms are found to have increased their R&D and managerial innovation from e-business. The higher the transparency of technologies of the industry to which the firm belongs is, the higher the effect of a firm’s catch-up with advanced firms. Korean firms have also increased their global net working and outsourcing activities. There was also a positive correlation between R&D intensity and size of firms. These findings are in accord with the Japanese firms ’ recent activities observed in Japan’s Basic Survey of Business Structure and Activities