• Journal of the Korea Convergence Society
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• v.13 no.5
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• pp.219-228
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• 2022

In order to improve audit quality, it is essential to understand the occurrence of disagreement between auditors and managers, and this study aims to analyze the impact of Business Strategies on audit risk and accounting audit delay. To this end, we conducted an empirical analysis using sample 2,910 firm-year data from 2018 to 2020 of KOSPI-listed and KOSDAQ-listed companies. The results of the empirical analysis of this study are as follows. First, compared to the companies of defender type, prospectors can expand audit procedures for new products, R&D costs, and intangible assets, and increase audit delays due to disagreement between managers and auditors. Second, compared to KOSPI-listed companies, the prospectors in KOSDAQ are more likely to have lower financial reporting quality, which further increases audit delays. The results of this study analyzed whether a company's Business Strategy affects the possibility of disagreement between an auditor and a company, and verified whether there is a difference in the audit report lag by stock market. The results of this study show that auditors' strong duty of care is needed for the companies of prospector type with high audit risk, and it is meaningful to present reinforced audit systems and specific guidelines for the companies of prospector type through the definition of prospector type. It also enables the expansion of research to identify the relationship between non-financial factors and audit risks that make up the companies of prospector type.

• The Journal of the Convergence on Culture Technology
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• v.10 no.6
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• pp.159-164
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• 2024

This study aims to analyze the relationship between prospector strategy and labor investment inefficiency, considering that leading firms face high information asymmetry and business uncertainty, making it difficult to identify the optimal level of staffing. The analysis, conducted on firms listed on the Korea Exchange from 2016 to 2018, reveals that firms adopting a prospector strategy exhibit greater labor investment inefficiency. Specifically, the higher the strategic score, the larger the gap between actual labor investment levels and expected labor investment levels. Additional analysis, with the key variable being whether the firm is a prospector, confirms the same results. Managers need to identify and hire an appropriate level of labor in line with these findings. Investment in labor is a critical factor in maximizing corporate value. This study contributes by examining the factors that influence the efficiency of labor investment.

• Proceedings of the Korea Contents Association Conference
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• 2016.05a
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• pp.323-324
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• 2016

부산광역시 선도기업을 중심으로 한국형 히든챔피언(글로벌강소기업, 월드클래스300)에 선정된 기업의 특성을 분석하여, 부산 지역의 중소 중견기업이 정부의 중견기업지원 사업을 신청 하여, 선정 시 우위에 설 수 있는 전략을 수립하고자 한다. 또한 2016년부터 시행되는 부산광역시 선도기업과 한국형 히든챔피언의 중간 단계인 '부산형 히든챔피언 육성사업'에 도움이 될 수 있는 시사점을 도출한다.

• Journal of the Korea Convergence Society
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• v.13 no.4
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• pp.321-329
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• 2022

This study analyzes how companies of prospector type with inherent risks from new products and R&D costs affect audit hours, and further analyzes how they affect rank-specific audit hours. Samples were empirically analyzed using samples from 2018 to 2019 for KOSPI-listed and KOSDAQ-listed companies. As a result of the analysis, first, it was found that auditors were aware of the inherent risks of companies of prospector type and were striving to improve audit quality. Second, it was found that the corresponding degree of risk differs depending on the position and role in the audit team, so higher efforts were made in core positions with high risk levels. The results of this study are meaningful in verifying how the type of Business Strategies affects the audit efforts and resource input of auditors who are external parties, not internal factors such as financial reporting quality or tax avoidance. It also has important implications that a company's Business Strategies can be an significant factor to consider in preparing policies and systems for improving audit quality.

• Proceedings of the Technology Innovation Conference
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• 2009.02a
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• pp.89-122
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• 2009

기술혁신 시스템이 추격형에서 선도형으로의 변환과정에 대해서는 일부 개념적 모형이나 탐색적 연구가 개념적으로만 제시되었을 뿐 체계적이고 구체적으로 연구가 부족하다. 한국이나 대만 등 동아시아 국가들의 선진국 기술추격과 탈추격형 혁신시스템으로 진화에 대한 국제적인 관심과 연구가 크게 증가하고 있지만, 대부분의 기존 연구들은 거시적인 관점에서 국가 차원의 제도 및 정책, 산학연의 연구역량과 협력체계, 외국기술의 도입 및 활용 등을 기술추격의 성공요인으로 들고 있을 뿐, 미시적인 관점에서 탈추격형 기술개발 성과의 사업화 추진 전략과 방법, 지원정책에 대한 구체적인 대안을 제시하지는 못하였다(Lee & Lim, 2001; Hobday et al., 2004; Kim, 1997). 추격형에서 선도형으로의 변환과정에 초점을 맞추어 특히 그 중요성이 대두되고 있는 사용자들의 혁신 과정에서의 역할에 대해 사례연구를 통해 규명하고자 한다. 선도적 혁신에서 제품 및 공정상에서 사용자혁신의 패턴을 밝혀내면, 이를 위한 제도적 인프라를 구축할 수 있다. 궁극적으로 선도적 혁신을 위한 기술혁신시스템에서 사용자로서의 기업과 선도사용자인 고객의 역할이 중요해지고 있음을 반영하고, 이를 바탕으로 기술혁신정책의 패러다임 전환을 위한 시사점을 개진하고자 한다.

• Journal of Digital Convergence
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• v.18 no.5
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• pp.145-155
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• 2020

The purpose of this study investigates the relationship between business strategy and cost behavior according to the corporate life cycle. To do so, I first examine the relationship between cost behavior and business strategy. And then, I analyze the effect of the business strategy on cost behavior conditional upon corporate life cycle based on listed Korean firms from 2000 to 2019. Specifically, the business strategy index is calculated by using the six continuous financial factors and the Prospector and Defender was defined on the score. Also, the corporate life cycle is distinguished based on the cash flow pattern. I find the evidence that the Prospector firms are likely to strengthen the asymmetry of cost behavior (cost stickiness), and examined that such a relationship was most strongly represented in the Introduction. This study is meaningful in that this is a more comprehensive analysis by examining business strategy and cost strategy according to the corporate life cycle and expand the application of financial information by using financial indicators to distinguish business strategies.

• Journal of Digital Convergence
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• v.9 no.3
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• pp.261-271
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• 2011

The government intends to pursue a program to develop LINC from 2012. Through this program, the government intends to nurture expert manpower required by the areas of industry, research and development, and technology transfer. For this, it wants to create and expand various leader models of industry-university cooperation. Therefore, this study is focused on the method of developing a robust curriculum suitable for educating students to a level where they are ready to work upon graduation. In this study, curriculums used by some universities which have been taken part in the program of industry-university cooperation have been examined. As a result there are some suggestions for the future of this curriculum, and they are as follows: firstly, in order to overcome the gap between universities and industries, universities should survey the requirement of local industries and apply this to developing a curriculum for industry-university cooperation; secondly, DACUM should be used and finally, the curriculum for industry-university cooperation should build upon a stepwise-model in the form of a foundation-core-intensification course throughout a student's university years.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.5
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• pp.2045-2053
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• 2012

The primary purpose of this paper is to identify the cognition of the convergence human resource for firms. For this purpose, Data have been collected from 110 firms in Daejeon city and studied the convergence human resource which recognized by firms on the company competitive power level. The results of this empirical studies are summarized as fellows. We classified in company competitive power as leading chaser, innovators and late chaser. In the talent, leading chasers demanded the total designer, problem solver and insighter, innovators demanded the total designer, problem solver and specialist, and late chasers demanded the traditional humanity. In technology management, all group think important fields. In the demanding forecasting for the market and technologies, leading chasers and innovators demanded the CEO, R&D researcher and a middle manager as the important position. For this education, they demanded the convergence ability of other technologies, the up-to-date abilities of product and technology and the understandings of market needs. In the convergence talent or leader, leader chaser and innovator demanded the specialist who attempted to combine others industries, who know well in technology and management, and the specialist who attempted to combine others technologies. But, late chaser demanded the specialist who attempted to combine others industries.

• Aerospace Industry
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• s.87
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• pp.32-34
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• 2005

• The Optical Journal
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• s.125
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• pp.41-43
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• 2010

(주)위오(대표 서동수, www.weeo.co.kr)는 1998년 비디오 도어폰용 카메라 렌즈 제조 전문업체인 M.F. 전광(주)의 자회사로 2003년 1 월 9일 납입자본금 5천만원과 첨단 지능형 자동차 안전시스템용 카메라 렌즈 개발 및 해외 판매 법인으로 출발했다. 2명으로 출발한 직원이 현재 30여명에 이르며 매출 30억원의 내실있는 중소기업으로 발돋움한 이 회사는 2010년 경인년(庚寅年)을 제2 도약의 원년으로 설정하고 2015년까지 첨단 자동차 부품 선도업체로의 도약을 준비하고 있다.