• Title/Summary/Keyword: 국제화수준

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The Effects of Corporate Governance on Internationalization in Korean Firms: Focusing on the Moderating Effect of Ownership Concentration (기업지배구조가 한국기업들의 국제화수준에 미치는 영향: 소유지분 집중도의 조절효과를 중심으로)

  • Yang, Young-Soo;Park, Young-Ryeol;Lee, Jae-Eun
    • International Area Studies Review
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    • v.17 no.4
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    • pp.23-42
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    • 2013
  • This paper examines the effects of corporate governance on internationalization in Korean firms. Using the data from 454 Korean manufacturing firms listed in the Korean Stock ExchanFge (KSE) from 1999-2006, we analyzed the role of corporate governance on internationalization in Korean firms, including Chaebols (Korean business groups) and family firms. In addition, we investigated the moderating effect of concentration of ownership on internationalization. The results of the analysis showed a positive association between corporate governance in Chaebols and family firms and internationalization. Interestingly, the influence of ownership concentration overpowered the ambivalent behaviors of Chaebols, leading to less internationalization. We conclude that corporate governance in Chaebols and family firms is important to internationalization strategy.

An Analysis on the Factors Affecting the Level of Globalization of Korean Venture Business (한국의 벤처기업은 태생적 글로벌기업인가: 벤처기업의 국제화에 미치는 영향 요인 분석)

  • Kim, Jong Woon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.3
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    • pp.37-48
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    • 2016
  • The purpose of this study is to investigate the factors that affect the degree of export intensity of Korean venture businesses, and to analyze the effect of export intensity on corporate performance. We use 1,970 firm data (from Venture Business Survey by Small & Medium Business Administration) and analyze the possible factors of the CEO characteristics, the corporate characteristics, and the environmental factors. Our analysis shows that Korean venture business' CEO characteristics, such as his/her doctoral degree and marketing work experiences, increase their export intensity statistically significantly, while their age does not. In addition, the companies who outsource their products have a higher export intensity, and, as the firm age increases, the export intensity decreases significantly. It is also analyzed that, as the number of export regions or FDI regions increases, their export intensity goes higher. However, firms' higher level of internationalization does not bring higher performance of the venture firms, while it does significantly for the venture firms that are older than 10 years. The result implies that CEO's education or work experiences and strategic approaches are important for corporate globalization, and that it takes time for globalizing venture firms to be able to garner profits from their global investments.

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An Empirical Study on the Roles of Organizational Creativity and Entrepreneurship in improving the level of Internationalization (수출중소기업 국제화에 있어 조직의 창의성과 기업가정신의 역할에 관한 실증분석)

  • Yoon, Junghyun;Lee, Hee-young
    • International Commerce and Information Review
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    • v.17 no.2
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    • pp.285-305
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    • 2015
  • In the era of creative economy emphasizing creativity and entrepreneurship, the Korean small and medium-sized enterprises(SMEs) never ignore them. Especially, firms, that would like to penetrate into international markets and hence survive in them, must have creativity and entrepreneurship. Nevertheless, little study has been studied the casual relationships of the variables comprehensively. Therefore, based on small and medium-sized exporters, this study would like to investigate empirically the relationships among the creativity, the entrepreneurship, and the level of internationalization. According to the research results, firstly, creativity has positive and significant effects on entrepreneurship. Moreover, entrepreneurship has a positive and significant effect on the level of internationalization. Finally, it was found that entrepreneurship partially mediated the relationships between the creativity and the level of internationalization. These results implied that creativity and entrepreneurship can play a pivotal role in improving the level of internationalization.

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A Framework for Measuring the Internationalization of Innovation Systems: Focusing on the Korean Atomic Energy and Space Sectors (혁신시스템 국제화 측정을 위한 프레임워크 구축 및 활용: 한국 원자력산업과 우주산업을 중심으로)

  • Park, Si-Hun;Cho, Hyung-Rae;Chung, Sunyang
    • Journal of Technology Innovation
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    • v.24 no.2
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    • pp.115-141
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    • 2016
  • In this study, we established a framework for measuring the internationalization of innovation systems. Through this, we try to make a comparative analysis on the atomic energy and space sector in Korea. According to our analysis, the atomic energy sector has a higher level of internationalization in its innovation system with technological level than the space sector. This study indicates that the internationalization of innovation system is an important factor for catching up a leader. The framework, which was developed in this study, could be applied to many case studies on an international leadership of innovation system. In addition, it could provide some implications for technology management, especially in the sectors which fell into a strategic dilemma.

Is the Evolutionary Internationalization Perspective Applicable in the Internet Environment ? (인터넷 환경하에서 점진적 국제화 모델의 적용가능성에 대한 연구)

  • Seong-tae Hong;Jong-chil Shin
    • Asia Marketing Journal
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    • v.1 no.2
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    • pp.116-140
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    • 1999
  • 기업의 국제화와 해외시장에서의 마케팅 활동의 진행을 설명하는 점진적 모델은 국제마케팅 전략 변화의 기초가 되는 국제시장에서의 몰입수준의 변화가 증분적으로 진화한다고 보고 있다. 그러나 이 모델은 자체적으로도 여러 문제점을 안고 있으며 최근 정보기술의 발달에 의한 인터넷환경에서 과거의 점진적 모델이 그대로 적용가능한가에 대해서는 재고할 필요가 있다. 새로운 인터넷 환경하에서는 과거의 영향요인들은 이제 더 이상 제약 내지 위협 요인으로서 작용하지 않게 된다. 자원이 적은 기업도 국제화를 빠른 시간에 진전시킬 수 있으며 시장 선택, 시장 확장, 진입 시기 및 방식에 있어서 인터넷을 중요한 수단으로 이용하여 국제화의 몰입수준을 높일 수 있다. 정보가 중요한 상황에서는 자원보유의 유무보다도 정보를 이용해 자원을 동원할 수 있고 이를 국제마케팅에 적극 활용하는 것이 기업의 국제화의 성패를 결정하는 요인이 될 것이다.

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한국 대학교육의 국제화와 대학생 해외연수

  • Kim, Hyeon-Taek
    • 대학교육
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    • s.138
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    • pp.9-14
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    • 2005
  • 고등교육의 국제화 과정은 분명 피할 수 없는 시대의 요구이다. 민족과 국가 고유의 정체성을 유지하는 동시에 인류 공통의 이익과 상호 조화를 추구하면서, 세계적 수준의 지식 창조 주체로 도약해야 하는 한국 대학들이 향후 몇 년 동안 대학교육의 국제화 과정에 적응해 가는 방식은 이후 우리 고등교육의 진로를 결정짓는 중요한 이정표가 될 것이다.

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The Effect of Firm's Internationalization on Accounting Earnings Persistence (기업의 국제화가 회계이익의 지속성에 미치는 효과 분석)

  • Choi, Yu-Jeong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.1
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    • pp.221-230
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    • 2021
  • In this study, a firm's internationalization level was measured as the ratio of foreign sales to total sales (FSTS) of individual firms. A demonstration was conducted with several control variables that affect the persistence of the firm's profits using the Sloan (1996) model as a proxy for its primary relationship between net profit and the next profit. An empirical analysis of the end-December settlement firms listed on the securities market from 2011 to 2016 was conducted using a fixed-effect model to confirm that the persistence of the firm's internationalization and accounting profits was positive at the 1% significant level, indicating that the persistence of the firm's profits also increased as the level of individual firm's internationalization increased. In addition, the firm size, financial soundness, cash accompanying, growth, and investment ability, consistent with forecasts, represented a statistically significant (+) relationship with globalization. These results suggest that firms can maintain and expand their value stably by securing new overseas markets and promoting growth by implementing internationalization strategies.

Examining internationalization index of higher education: Implications for South Korea (세계 고등교육 국제화 지표 분석 및 그 시사점)

  • Kim, Kyung-keun;Kim, Jung-sook;Lee, Kye-hyoung
    • Korean Journal of Comparative Education
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    • v.18 no.4
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    • pp.83-111
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    • 2008
  • This study examines internationalization index of higher education to draw implications for South Korea. To this end, this study first introduces the concept of internationalization of higher education, followed by the background of the development of internationalization index. Then examined are two internationalization index of higher education: one developed by American Council Education (ACE) and the other developed by OECD, which is known as IQRP (International Quality Review Process). ACE's international index of higher education is useful to governments when they assess the process of internationalization of universities. IQRP, on the other hand, is useful to universities and colleges when they evaluate their status of internationalization. Drawn implications are (1) it is important for universities to build a clear goal and implement appropriate strategies of internationalization, (2) policies on internationalization of higher education should concentrate on contents rather than forms, and (3) the efforts for internationalizing higher education should be made along with the efforts for improving the quality of education.

나의 주장 - 대학의 국제화 시급하다

  • Jeong, Yong-Seung
    • The Science & Technology
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    • v.29 no.2 s.321
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    • pp.10-11
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    • 1996
  • 지금 우리의 대학은 객관성이 결여되어 있고 보직 우선주의가 지배적이다. 1인당 국민소득 1만달러시대, 우리 대학의 국제화를 앞당기기 위해서는 권위주의적 관료행정을 속히 청산하고 외국 유학생을 30% 수준까지 유치할 수 있도록 하는 대학환경의 개선이 선행되어야 함은 물론 정부의 대학연구비에 대한 대폭 증액이 있어야 하겠다.

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The Internalization Strategies for Venture Business (벤처기업의 국제화 전략)

  • Kim, Sung-Ho;Kim, Pan-Jin;Na, Seung-Hwa
    • Journal of Distribution Science
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    • v.7 no.3
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    • pp.101-122
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    • 2009
  • This study examines internationalization determinant factors, motivation and goal of internalization, market entry methods, timing, region, internalization strategy and access method, internationalization performance and success factors, problems and troubles of internalization, and ultimately suggests internalization strategies for domestic venture companies. The study found that interior factors of internationalization determinant factors are characteristics of new firm and technological capabilities while exterior factors include narrow domestic market, industrialization level, competition level, product life cycle, economy of scale, and global network. Motivation was found to include securing and preoccupying market, cost reduction and efficient production through moving of production base, and the necessity of network formation.

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