• The Journal of Small Business Innovation
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• v.19 no.3
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• pp.1-16
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• 2016

Korean government had used public 'credit guarantee schemes' (CGS) as a counter-cyclical measure. However, it is still controversial about the effectiveness of policy financing on the SMEs. Criticism on policy financing involves the argument that supporting enterprises hampers competition and innovation of SMEs by increasing their dependence on the government and delays the exit of marginal firms. In this paper, we investigate how to effectively build up the rationale of running public CGSs. At the same time, we propose the ways to coexist of public credit guarantee and market-based private finance system for SMEs. First, CGS, as a counter-cyclical function, must coexist with the private financial system by compensating the market failure caused by pro-cyclical behavior of the private financial market. Second, CGS has the comparative advantages, compared to both the interest rate policy of the central bank and fiscal policy of the government. The credit guarantee is the symptomatic treatment that could revitalize the economy shortly by providing liquidity. Also, knowing that CGS is provided based on the leverage ratio defined by outstanding guarantee divided by capital fund, public 'credit guarantee' (CG) has an advantage that is free from the risk of government deficit. Third, the reason for existence of the CGS should be founded in supporting services for SMEs, available only in a public sector that is difficult to expect from private banks. In this regard, it is desirable to strengthen the publicness of credit guarantee over the support for start-ups, growing companies, the improvement of productivity, increase of exports, a long-term investment in facilities, the employment-creating businesses, and innovative enterprises.

• Journal of Technology Innovation
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• v.24 no.3
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• pp.29-52
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• 2016

As Industry-University Cooperation (IUC) has been emphasized for securing national competitiveness in a knowledge-based economy, the South Korean government has promoted related policies, including a financial support program for facilitating IUC activities. This study examines the effects of Leaders in INdustry-university Cooperation (LINC) program, which is one of the government financial support programs for IUC, on the performance of IUC by propensity score matching. The results show that LINC program positively influences the number of technology transfers and the number of faculty that participated in start-ups. The results of this study are expected to provide implications for improving IUC policies and the financial support program.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.4
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• pp.2807-2817
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• 2015

The purpose of this study is to draw out implications and directions for improvements on national public rental housing policy by examining SF's public rental housing policy and conditions for low income households, and analyzing 'multilateral considerations for residents and communities' and 'concrete case and policy for support' which are discovered in process of re-development of large-scale public housing revitalization. The results were as follows: First of all, HOPE SF ensures to involve resident as participant in entire project considering exist communities and resettlement of resident. Secondly, HOPE SF supported to enhance the lives of existing residents and their community through integrated support system. Thirdly, HOPE SF collaborated with various participants as partner of city's rehabilitation, thus, invite community opinion to build a sense of cohesion. And for last, HOPE SF tried to create a new financial model for sustainable and practicable rehabilitation.

• Smart Media Journal
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• v.13 no.9
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• pp.27-37
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• 2024

The purpose of this study is to examine the current status of ordinances enacted by local governments in relationship to the promotion and revitalization of smart tourism cities and to present the direction and improvements of ordinances to local governments through the content analysis of the ordinances. The ordinances of 15 local governments that have enacted and implemented smart tourism promotion ordinances as of June 2024 were analyzed by an analysis framework consisting of targets, promotion projects, delivery systems, and financial funding based on Gilbert and Terrell's policy analysis model. As a result of the analysis, it was found that the smart tourism promotion ordinances of local governments have recently been enacted and are in the attractive stage, focusing on technology, content, and service items applied to smart tourism rather than reflecting regional characteristics. As a result of analyzing the provisions related to the target, promoting projects, delivery systems, and financial funding in the composition of the ordinance, it was found that local governments were somewhat lacking in promoting smart tourism projects overall. Based on the analysis results, the direction of development of the smart tourism promotion ordinance was suggested.

• Journal of Korea Technology Innovation Society
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• v.18 no.2
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• pp.264-291
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• 2015

This research is to empirically analyze the effects of governmental policy including R&D subsidiary and tax reduction, which are both direct and indirect financial supports, during the examination period (2007~2009). The analysis was based on 2,751 firms that received governmental support via both R&D subsidiary and tax reduction with 7,038 panel events during the economic recession (2008~2009) and found that governmental support drives R&D investment of firms during the recession. The contribution of this research is that investigation of policy effectiveness categorized by firm sizes, particularly during the economic crisis. The result of the study is that during the recession, large firms had more elasticity increase towards tax reduction whereas smaller firms and ventures had it towards direct financial subsidiary. The elasticity increase of both large and small firms was in positive association with firms' R&D investment. The result indicates that government support obviously has positive influence on R&D investment of firms during the crisis, even enforcing the investment.

• The Journal of the Korea Contents Association
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• v.16 no.2
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• pp.354-364
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• 2016

The purpose of this study is to analyze current condition and features of female development funds of Busan primary local self-government, and to make useful implications out of this so that the local female development funds can contribute to its ultimate purpose, which is to achieve female development. The analyses show that 1) local self-governmental districts with good finance try to reserve funds by reducing programs; 2) local laws, which serve as the legal basis of female development fund utilization, do not reflect the value of gender equality; 3) the programs run by the female development funds lack contents; 4) beneficiaries of the fund programs aremixed; and 5) female policies and family policies are not separated, exhibiting the limitations of feministic perspectives. I propose that 1) the fund should be raised through the governance of local female groups and self-governments; 2) basic local laws should be revised: 3) gender perspective contents and birth support policy should be implemented.

• The Journal of the Korea Contents Association
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• v.9 no.12
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• pp.843-852
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• 2009

World water industry market is about 400~500 billion dollar, and to be expected to most promising industry in 21 century. Israel and Singapore, in spite of water shortage nation, have global competency in water industry through active formation policy of central government and public enterprise. Israel government made various policies for development of water industry including water cluster policy, and the water public enterprise, Mekorot, executed them. There are more than 200 venture companies in water cluster, and it created 8000 jobs, accomplished export of 1billion dollar. Singapore government recognized potentials of water industry early, propelled water industry formation policy with the help of related departments of government, and Singapore public water enterprise, PUB, played key roles to carry out specific policies. Singapore established grand plan to become Global Hydrohub in 2015, drives it progressively. Korean government should behold potentials of water industry, and develop various policies to enforce water industry competency, integrate related affairs in a department, and invest to make global water cluster with the help of K-water and local government.

• 한국벤처창업학회:학술대회논문집
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• 2023.11a
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• pp.111-116
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• 2023

중소벤창업기업 중 대다수가 처음 창업을 도전하기 때문에 생존도 어렵고 경영성과를 만드는데 더 큰 어려움이 존재하는 상황에서 정부는 이의 해결 대안으로 창업가의 본원적인 역량을 보완해 이를 해결하기 위한 창업 멘토링 강화에 지원정책의 초점을 두고 있는데, 이의 효과 창출이 중대한 시대적 과제가 되고 있다. 본 연구는 창업멘토링의 조절효과로 창업가역량이 창업 및 경영성과에 미치는 영향에 대한 연구를 통하여 창업기업의 성과를 높이기 위한 실효성 있는 정책방향의 기초자료를 제시하는데 목적이 있다. 본 연구의 주요내용은 첫째, 창업가역량, 창업멘토링, 창업성과와 경영성과에 대한 고찰, 둘째, 창업가역량에 따른 창업 및 경영성과의 영향관계 연구, 셋째, 창업멘토링의 창업가역량과 기업성과에 대한 조절효과 연구이다. 본 연구의 결과는 다음과 같다. 첫째, 창업가의 개인적, 사회적, 전문적역량은 창업기업의 창업성과에 정(+)의 영향을 미칠 것으로 판단된다. 둘째, 창업기업의 창업성과는 기업의 경영성과에 정(+)의 영향을 미칠 것으로 판단된다. 셋째, 창업멘토링은 창업가역량과 창업성과와의 관계에서 정(+)의 조절효과를 나타낼 것으로 판단된다. 본 연구결과 기존 선행연구 대비 다음과 같은 기여를 하고 있다. 첫째, 국내외 정책자료와 선행연구를 통해 창업가 자체에 초점을 둔 본원적인 창업가의 역량에 대하여 재정의하고, 둘째, 창업멘토링을 창업행동모델의 구성 요소로 설정하여 연구하였으며, 셋째, 선행연구들에서 창업기업의 성과를 경영성과에 국한되어 평가했던 것을 창업기업의 초기창업 성과와 기업의 전반적인 경영의 성과로 구분하여 분석하였다. 아울러, 본 연구결과의 정책적 시사점은 첫째, 창업기업의 성과향상을 위한 창업지원사업의 실효성 있는 정책방향을 결정하는 기초자료를 제공하였고, 둘째, 창업멘토링 효과의 유의성을 입증하였다는데 그 의미가 있다.

• Journal of Wetlands Research
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• v.23 no.3
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• pp.224-233
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• 2021

This study analyzed global Knowledge Sharing Platforms and collected stakeholder's suggestions to develop the "Korea-ASEAN Wetland Knowledge Sharing Platform (KSP)." As a result of the analysis, ① financial support and ② knowledge outcomes are essential to maintain the KSP and conduct the platform sustainably. Stakeholder suggest three significant projects (① comparative analysis of the inventory of wetlands in the Korea-ASEAN region, ② knowledge gap analysis in wetland research trends, and ③ establishing a web infrastructure for wetlands information sharing). The "Korea-ASEAN Wetland KSP" defined to be consistent with the international conventions (e.g., Ramsar Convention, Convention on Biological Diversity) goals by comprehensively considering the literature analysis and stakeholder suggestions. Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) selected as the fundamental model of the KSP. As with IPBES, knowledge management and assessment, capacity building, policy support, communication and participation adopted as the platform's core objectives. The KSP will be able to share knowledge related to the same type of wetland ecosystem within the Korea-ASEAN region and provide necessary information for establishing science-based policies.

• Journal of Korea Game Society
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• v.12 no.6
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• pp.107-120
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• 2012

This study aims at presenting practical self regulation system for digital game, especially optimized to Korea through the comparative analysis of system at home and abroad. For this, this study conducted a comparative analysis about various countries adopted self regulation system, such as America, Japan, and European Union. We drew some implications on the Korean practical policy for the digital game. First, self regulation organization should be consisted of market-friendly form. Second, though self regulation organization is a autonomous system of market, the organization should take rights to regulate illegal case. This would be a good way not only to reduce unnecessary institutional regulations but also to take socially image of reliable media. Third, government should provide self regulation organizations financial assist. This policy means that the organizations make a role fairly and objectively.