정부지원사업 의존형 좀비기업의현황 및 정책적 대응방안

Abstract

While passing through the prolonged recession and financial crisis, insolvent companies that lack substantiality and cling to government supported funds become the major source of growing concerns. In addition to these zombie companies, there also exist some small and medium sized companies that live with government supported R&D programs. Identifying and screening all of those companies beforehand is very important to enhance of effectivity of government supported R&D programs since they consume and divest limited R&D funds from their righteous investment. In this paper, a broad concept of government support dependent zombie company is newly defined while differentiating the meaning from the conventional zombie company. Its existential status in various R&D programs is also studied in detail. After this, several suggestions are made to identify and screen these government support dependent zombie companies from the sound companies. The amount of supported R&D funds over each company’s sales volume is suggested as a reference indicator for these zombie companies. To more effectively sort out these insolvent companies from the various government supported R&D programs, a common data base that collects basic corporate information together with their total number of support, and the sum of funds over a long period of time is needed. With all these data at hands, it is needed to set a standard for reasonable support. If the selective support is conducted while referring the result of this study, it is expected to have enhanced corporate competitiveness and effective government R&D programs.