• Journal of Venture Innovation
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• v.6 no.1
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• pp.115-137
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• 2023

This study analyzed the relationship between organizational innovative capability and absorptive capacity, market and technology orientations, and their impact on business performance for IT-BPO companies that are required to absorb new technologies from a leading perspective in the digital transformation era. To achieve this, an online specialized research company and offline surveys were conducted on 291 domestic IT-BPO companies, and SPSS 23 was used for descriptive statistics and reliability analysis while AMOS 23 was used for hypothesis testing including validity and mediating effects. The main findings were as follows: First, in the relationship between innovation and absorptive capabilities and Market Orientation Strategic(MOS), learning capability and knowledge network capability were found to have a statistically significant positive (+) effect on MOS. In the relationship between innovation and absorptive capabilities and Technology Orientation Strategic(TOS), R&D capability, potential absorptive capacity, and realized absorptive capacity had a statistically significant positive (+) effect on TOS. Second, in the relationship between innovation and absorptive capabilities and BP, only R&D capability was found to have a significant effect on BP. Third, both market orientation and technology orientation were found to have a significant positive (+) effect on BP. These findings suggest that effective competency factors can be identified according to the market and technology orientations pursued by IT-BPO companies to increase their growth and value creation, and provide implications for developing differentiated competency enhancement strategies based on strategic objectives.

• KDI Journal of Economic Policy
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• v.18 no.3_4
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• pp.183-238
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• 1996

본 논문에서는 우리나라 기업집단이 갖는 현황과 특징을 여러 각도에서 살펴보았으며, 기업집단을 둘러싼 논쟁 중 중요한 쟁점인 기업집단의 생산구조 및 다변화가 기업집단의 성과에 미치는 영향에 대해 실증적인 분석을 시도하였다. 30대기업집단이 광공업부문에서 차지하는 비중은 그동안 변화가 있었지만 최근 들어 조금 높아지고 있으며, 상위기업집단과 하위기업집단간의 격차도 확대되고 있어 경제력집중 문제가 소수의 상위기업집단의 문제로 압축되는 경향이 나타나고 있다. 30대기업집단 가운데서도 상위집단은 산업규모가 크고 성장속도가 빠른 산업에 중점적으로 진출해 있는 반면, 중 하위집단은 산업규모는 크지만, 성장이 상대적으로 정체되어 있는 부문에서 높은 비중을 차지하고 있다. 30대기업집단은 다양한 산업 시장에 진출해 있어 다변화가 크게 진전되어 있으며, 개별 상품시장에서도 높은 시장지위를 차지하고 있다. 규모가 큰 시장일수록 기업집단의 참여가 많으며, 규모가 작은 시장에서는 참여 기업집단이 독점적 위치를, 규모가 큰 시장에서는 시장을 분점하고 있는 경향이 있다. 실증분석에 의하면 기업 및 기업집단의 성과에 가장 큰 영향을 미치는 것은 노동장비율, 노동의 질 등 생산측면의 요인이며, 시장력 및 시장구조, 다변화 등이 기업집단의 성과에 어떤 영향을 미치는지는 판단하기 어렵다. 기업집단의 규모와 기업집단의 성과간에는 특별한 관계가 성립하고 있지 않지만, 개별기업 수준에서는 기업규모가 클수록 성과가 높은 것으로 나타났다. 이는 기업의 대형화는 촉진시키되 기업집단 계열기업간의 연결관계를 단절하고자 하는 현재의 경제력집중 대책방향이 적절하다는 점을 시사한다. 기업공개는 기업집단의 소유분산에 기여하는 동시에, 기업의 규모확대를 촉진하는 효과가 있는 것으로 나타났는데, 이로부터 기업공개의 촉진이 경제력집중 대책의 유용한 수단일 수 있다는 결론을 도출할 수 있다.

• International Area Studies Review
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• v.13 no.1
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• pp.103-122
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• 2009

The paper is basically designed to investigate any existence of co-movement among foreign exchange market, goods market, and monetary market implemented by relative PPP and interest rate parity. And, rational expectation and GARCH-M model are employed for an empirical application. The result revealed that since the co-movement among the markets is hardly found, an efficiency of foreign exchange market is independent from any shocks from the goods market and the monetary market. Whereas, the exchange rate is strongly effected by a real interest rate parity. To this end, the real interest rate should be a key policy instrument to stabilize the foreign exchange market.

• Korea journal of population studies
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• v.10 no.2
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• pp.1-16
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• 1987

This work examines reemployment processes through the use of event history unemployment data in the United States. Two aspects of these processes, the duration of unemployment and changes in the reemployment rate, are modelled and analyzed in terms of individual characteristics and their structural positions in the labor market. The secondary labor market is a competitive market in which unemployment occurs because people quit their jobs to devote more time in search for better jobs. Using search theory, the rate of reemployment has a positive time dependence as the searcher lower her reservation wage with the passage of time. By contrast, the primary market is characterized by long-term employment relations which reduce voluntary turnovers but generate layoffs temporarily. Relying on contract theory, because workers on temporary layoffs wait for recall, reemployment rates have a constant time dependence. Empirical results of unemployment durations indicate that reemployment processes are influenced by individual's positions in dual labor market structures. While the analysis suggests that the amount of search reemployment seems to be positively related to the degree of competitiveness of a market, somewhat weaker results are noted in the search reemployment processes in competitive markets.

• The Korean Journal of Financial Management
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• v.15 no.2
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• pp.23-53
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• 1998

본 연구의 목적은 우리나라 상장기업들의 기업규모 및 시장지배력이 연구개발투자활동에 미치는 영향을 분석하는데 있다. 가설검증을 위하여 1997년 3월말 현재 한국증권거래소에 상장된 72개 제조기업을 대상으로 상관분석과 회귀분석을 실시하였다. 실증분석결과 연구개발투자 활동은 기업규모와 관련성이 크며, 기업규모가 일정 크기에 이를 때까지는 연구개발 활동이 증가하지만, 일단 그 선을 넘어서면 기업 규모에 비례해서 증가하지는 않는 것으로 나타났다. 또한, 시장지배력을 나타내는 시장집중률 및 시장점유율과 연구개발 활동간에는 유의한 부(-)의 효과가 존재하는 것으로 나타났다. 그리고, 매출액성장률과 연구개발투자 활동간에는 분명한 관계를 확인할 수가 없었으나, 기술기회는 연구개발 활동과 예상대로 정(+)의 관계가 있는 것으로 나타나 성장기회가 높은 산업일수록 연구개발 활동이 많은 것으로 나타났다. 이 연구는 기업의 규모 및 시장지배력이 연구개발투자 활동에 미치는 영향을 우리나라 기업을 중심으로 실증적으로 검증함으로서 기술혁신을 위한 산업조직 및 개별기업의 연구개발 투자를 위한 의사결정과 관련한 시사점을 제공한 점에 의의를 찾을 수 있다.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.6
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• pp.566-576
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• 2016

It is known that the Real Estate Sales Market and Auction Market are closely interrelated with each other in a variety of respects and the media often mention the real estate auction market as a leading indicator of the real estate market. The purpose of this paper is to analyze the relationships between the housing market and auction market before and after macroeconomic fluctuations using VECM. The period from January 2002 to December 2008, which was before the financial crisis, was set as Model 1 and the period from January 2009 to November 2015, which was after the financial crisis, was set as Model 2. The results are as follows. First, the housing auction market is less sensitive to changes in the housing market than it is to fluctuations in the auction market. This means that changes in the auction market precede fluctuations in the housing market, which shows that the auction market as a trading market is activated. In this respect, public institutions need to realize the importance of the housing auction market and check trends in the housing contract price in the auction market. Also, investors need to ensure that they have expertise in the auction market.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.12
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• pp.4766-4773
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• 2010

Electronic book(E-book) is a digitalized content which provides online service and digitalized text-based information that has been distributed in the form of Paper-book. E-book has been attracting people's attention in earnest since the Steven King's novel, 'Riding the Bullet' was published as a form of E-book in 2000. Since then, customers have paid attention to E-book, and the scale of E-book market has been growing sharply in Europe, China, Japan and Korea as well as the US. The purpose of this study is for actual analysis how Paper-book and E-book market compete with each other and expand into the world publication market. The relationship between Paper-book and E-book is modeled by the Lotka-Volterra Model designed for competitive relationships and estimate spreading curves. Also, competition patterns between Paper-book and E-book are analyzed by estimating coefficient of curve expression. This study shows the change of customers' demand which has been created since E-book was introduced to the publication market.

• Environmental and Resource Economics Review
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• v.19 no.3
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• pp.485-508
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• 2010

This paper examines the long memory property and investigates cointegration in the dynamics of crude oil markets. For these purposes, we apply the joint ARMA-FIAPARCH model with structural break and the vector error correction model (VECM) to three daily crude oil prices: Brent, Dubai and West Texas Intermediate (WTI). In all crude oil markets, the property of long memory exists in their volatility, and the ARMA-FIAPARCH model adequately captures this long memory property. In addition, the results of the cointegration test and VECM estimation indicate a bi-directional relationship between returns and the conditional variance of crude oil prices. This finding implies that the dynamics of returns affect volatility, and vice versa. These findings can be utilized for improving the understanding of the dynamics of crude oil prices and forecasting market risk for buyers and sellers in crude oil markets.

• International Area Studies Review
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• v.13 no.3
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• pp.481-500
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• 2009

This paper investigates the Moderating effect of entrepreneurship on the relationship between market orientation and international performance in Korean Ventures. Literature revealed that an appropriate alignment between firm strategic orientation and market positioning is critical because of its impact on firm performance. The alignment is especially crucial for SMEs as a result of their limited resource base. However, studies have not adequately accounted for the joint effect of entrepreneurship and market orientation on firm performance in different environments as foreign markets. Drawing upon a sample of 217 internationalized Korean Venture Business, it presents evidence related to mainly moderating effects of entrepreneurship on market orientation-international performance. The Key conclusion from the evidence is that market orientation, alone and in conjunction with certain entrepreneurship dimensions, is positively related to firm international performance. More specifically innovativeness and proactiveness have positively moderated the relationship between market orientation and international performance in Korean Ventures.

• Journal of Distribution Research
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• v.8 no.1
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• pp.1-19
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• 2003

Given the recent trend in business markets to seek and conscientiously develop long-term relationships, it has become increasingly important to understand why such long-term relationships are developed and how they are maintained. Despite their obvious importance, the antecedent conditions and processes of long-term relationships between industrial buyers and suppliers have not been systematically studied. In this research, I report a study of the antecedents of industrial buyer-seller relationships and the relational performance. What kinds of factors contribute to the development of long-term relationships\ulcorner How do these factors influence the corporate performance in the business markets\ulcorner The primary motivation of this study was drawn from an interest in answering these research questions. Managerial implications of the study results are also discussed.