| Project/Area Number |
19K13714
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| Research Category |
Grant-in-Aid for Early-Career Scientists
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| Allocation Type | Multi-year Fund |
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| Review Section |
Basic Section 07050:Public economics and labor economics-related
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| Research Institution | Shohoku College (2023)
Kochi University of Technology (2021-2022)
University of Tsukuba (2020)
Dokkyo University (2019) |
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Principal Investigator |
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| Project Period (FY) |
2019-04-01 – 2024-03-31
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| Project Status |
Completed (Fiscal Year 2023)
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| Budget Amount *help |
¥2,080,000 (Direct Cost: ¥1,600,000、Indirect Cost: ¥480,000)
Fiscal Year 2022: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2021: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2020: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
Fiscal Year 2019: ¥520,000 (Direct Cost: ¥400,000、Indirect Cost: ¥120,000)
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| Keywords | Industrial Organization / Employee Attitudes / COVID-19 / Labor force / Informal employment / Fiscal policy / Public finance / Redistribution / Human resources / Employee attitudes / Organizational culture / Institutions / Patents / R&D / Tobin's q / Labor policy / Labor flexibility / Corporate innovation / Patent applications / Panel data |
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| Outline of Research at the Start |
This research aims to answer the question about the role of HR practices in corporate innovation. Relying on the resource-based view of the firm, I perform analysis of listed Japanese companies belonging to different industries. In this way, I intend to identify distinct labor-innovation patterns.
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| Outline of Final Research Achievements |
First, I have published the working paper that answers the question of how innovative activity translates into market value. The main finding is following. There is a dividing line between putting more market value on R&D spending for capital-intensive industries like Chemicals and Drugs on one hand, and rewarding the quality of the patented output for relatively more labor-intensive manufacturing sector on the other.
Next, due to the unexpected outbreak of the COVID-19 pandemic, I have embraced the question of how productivity in an online environment depends on formats of work, remuneration systems and socioeconomic factors in comparison to a face-to-face environment. Based on the responses from the stratified questionnaire survey from 500 Japanese employees, the findings of our working paper highlight a "telework dilemma", whereby online productivity is perceived to be low as compared to face-to-face productivity, while the majority of people are willing to continue telework.
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| Academic Significance and Societal Importance of the Research Achievements |
The findings regarding market perception of innovative activities of Japanese companies present valuable insights to shareholders in their evaluation of sector-based returns on investment.
In addition, our findings about low collective productivity online can help firms in adapting to future crises.
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