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http://dx.doi.org/10.5394/KINPR.2020.44.6.509

A Comparative Study on the Productivity by Characteristics of Tenant Companies in Busan New Port Distripark  

Kim, Yang-Wook (SLP GLC Co., Ltd.)
Cha, Jae-Ung (KMI-KMOU Cooperative Program, Korea Maritime and Ocean University)
Kim, Yul-Seong (Department of Logistics, Korea Maritime and Ocean University)
Publication Information
Journal of Navigation and Port Research / v.44, no.6, 2020 , pp. 509-516 More about this Journal
Abstract
Korea has gradually been developing port distriparks in major domestic trade ports to diversify their function and create added-value. New tenant companies are needed to help achieve these goals, but no research has been done on selection criteria. To provide such criteria, this study conducted a comparative analysis of the productivity of tenant companies in Busan New Port Distripark based on their characteristics. SFP (single-factor productivity) was measured using the operational data of 67 companies in the distripark over the past - three years (2017-2019). The results indicate that the logistics business and the manufacturing business have strengths in cargo volume productivity and in sales productivity respectively. Also, Northern distripark, a relatively older facility, was found to be more productive than Ung-dong distripark. Finally, the effect of investment-both foreign and in FAC/EQ (facility and equipment)-on productivity showed an inverse relationship with productivity, with the companies with under-average investments being more productive than those whose investments were above average. Therefore, to enhance the productivity and competitiveness of port distriparks, tenant companies must be subject to supplemented system and law for increasing employment and cargo volume, and reestablished selection criteria.
Keywords
Port Distripark; Busan New Port; tenant companies; SFP; comparative analysis; empirical study;
Citations & Related Records
Times Cited By KSCI : 6  (Citation Analysis)
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