• Title/Summary/Keyword: Born Global

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A Study on the Global Market Success through the Customer Value-based Corporate Strategy : The Case of Hilti (고객가치 기반 기업전략을 통한 글로벌 시장성공 : 전동공구기업 힐티의 사례)

  • Hong, Song Hon
    • International Commerce and Information Review
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    • v.16 no.5
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    • pp.151-178
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    • 2014
  • The objective of the present case study is to analysis how effectively Hilti, which is a former family firm owned and managed by a family in Liechtenstein as a tiny european country, a land sandwiched between Switzerland and Austria, has made a global market success. Liechtenstein has $160km^2$ land and about 36,000 residents. Despite its small size of country, however, Hilti Corporation doesn't view its location as a liability in its business strategy. Hilti is a global leading provider of professional power tools in building, mining, civil engineering etc. Also, Hilti is a firm with a clear vision to become the leading industry partner for construction professionals and building installations through customer focus, high quality equipment, and tools and systems specially designed for specific jobs. This study considered Hilti as a good case, which verifies that born-conditions, endogenous factors according to Michael Porters diamond model does not decisive role more for international competitiveness of firms. Lessons from Hilti are that in order to obtain and sustain the global competitiveness of small and medium-sized firms in Korean manufacturing sector under high production cost, they have to do actively innovative. Also they can give to customers newer and higher customer-values than competitors in abroad give. The case summarizes that the strategy of Hilti for the global market success is comprised of several factors: Technological and organizational innovation, and a clear customer-value oriented business strategy and its implementation. Innovation and its integration into marketing for the customers value creation is central to Hilti's Success. The present case study is expected to provide insights and implication for many firms in Korea that are seeking to secure global presence and market success.

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Extreme Enhancements in GPS TEC on 8 and 10 November 2004

  • Chung, Jong-Kyun;Jee, Gun-Hwa;Kim, Eo-Jin;Kim, Yong-Ha;Cho, Jung-Ho
    • Bulletin of the Korean Space Science Society
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    • 2010.04a
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    • pp.30.2-30.2
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    • 2010
  • It is a mistaken impression that the midlatitude ionosphere was a very stable region with well-known morphology and physical mechanism. However, the large disturbances of midlatitude ionospheric contents in response to global thermospheric changes during geomagnetic storms are reported in recent studies using global GPS TEC map and space-born thermospheric UV images, and its importance get higher with the increasing application areas of space navigation systems and radio communication which are mostly used in the midlatitudes. Positive and negative storm phases are used to describe increase and decrease of ionospheric electron density. Negative storms result generally from the enhanced loss rate of electron density according to the neutral composition changes which are initiated by Joule heating in high-latitudes during geomagnetic storms. In contrast, positive ionospheric storms have not been well understood because of rare measurements to explain the mechanisms. The large enhancements of ground-based GPS TEC in Korea were observed on 8 and 10 November 2004. The positive ionospheric storm was continued except for dawn on 8 November, and its maximum value is ~65 TECU of ~3 times compared with the monthly mean TEC values. The other positive phase on 10 November begin to occur in day sector and lasted for more than 6 hours. The O/N2 ratios from GUVI/TIMED satellite show ~1.2 in northern hemisphere and ~0.3 in southern hemisphere of the northeast Asian sector on 8 and 10 November. We suggest the asymmetric features of O/N2 ratios in the Northeast Asian sector may play an important role in the measured GPS TEC enhancements in Korea because global thermospheric wind circulation can globally change the chemical composition during geomagnetic storms.

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The Research Trends of the Korean Association for Political Economy After 2007 (2007년 이후 한국사회경제학회의 연구동향과 진로)

  • Park, Ji-Ung
    • 사회경제평론
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    • v.31 no.1
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    • pp.25-61
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    • 2018
  • Nowadays 87 regimes born in the same year with the Korean Association for Political Economy(KAPE in abbreviation) have ended historically. This paper surveys the research trends of KAPE after 2007 for the 30th founding anniversary. This survey is expected to help research way forward of KAPE. The main contents of the surveys are as follows. Global finance crisis caused by subprime mortgage crisis in 2007 expanded to global economic crisis resulting in the crisis of economics. KAPE criticized the mainstream economics with different approach and methodology as well as political economy copying with the crisis of economics and then focused on economics of inequality. However, the progressive economics is depressed under the conservative regime after 2007. As a result, the progressive economics have experienced the crisis of reproduction of knowledge and have become the peripheral science in Korea. With new regimes after 87 regimes, more important than restoration of the progressive economics is rebirth as the progressive economics corresponding to new regime and new era. This is responsibility of KAPE as the single association of the progressive economics in Korea.

Gestational Exposure to Bisphenol A Causes DNA Hypomethylation and the Upregulation of Progesterone Receptor Expression in the Uterus in Adult Female Offspring Rats

  • Seung Gee Lee;Ji-Eun Park;Yong-Pil Cheon;Jong-Min Kim
    • Development and Reproduction
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    • v.27 no.4
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    • pp.195-203
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    • 2023
  • Exposure to environmental chemicals, including endocrine-disrupting chemicals, during the gestational period can have profound adverse effects on several organs in offspring. Bisphenol A (BPA) can infiltrate the human body through food and drinks, and its metabolites can cross both the placental and the blood-brain barriers. In this study, we investigate the effect of gestational exposure to BPA on epigenetic, biochemical, and histological modifications in the uterine tissues of F1 adult offspring rats. Pregnant rats were exposed to BPA from gestational day 8-15, and changes in global DNA methylation in uterine tissues obtained from adult offspring born to the exposed mothers were analyzed. Global DNA methylation analysis revealed that gestational exposure to BPA resulted in DNA hypomethylation in the uterus. Progesterone receptor (PR) protein expression in uterine tissues was monitored using western blot analysis, which revealed that the PR protein content was considerably higher in all BPA-exposed groups than in the control. Immunohistochemical examination for the PR revealed that intense PR-positive cells were more frequently observed in the BPA-exposed group than in the control group. To date, the evidence that the upregulation of PRs observed in the present study was caused by the non-methylation of specific PR promoter regions is lacking. Conclusively, these results indicate that exposure to BPA during gestation induces epigenetic alterations in the uteri of adult female offspring. We speculate that the global DNA hypomethylation and upregulation of the PR observed simultaneously in this study might be associated with the uterus.

A Review on the Critical Issues for Global Electronic Commerce (전자상거래 확산을 위한 주요 이슈에 대한 연구)

  • Kim, Chung-Young;Cho, Nahm-Jae;Kim, Jeong-Deok
    • Korean Business Review
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    • v.12
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    • pp.255-274
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    • 1999
  • Electronic Commerce (EC) is a relatively new and has been attracting a considerable amount of attention. Even though it is still in an introductory stage, growth rates are impressively high and its economic importance will continue to grow. Electronic Commerce is born to be global because its connectivity using the Internet is universal. As Electronic Commerce accelerates the globalization, it will also increase both the interdependence of national economies in different countries and the need for international cooperation and coordination. Electronic Commerce is really a global challenge that requires global solutions. For this reason, Electronic Commerce becomes an important agenda in major international cooperative organizations including APEC, OECD, and G7 (G8). However, current international discussions on Global Electronic Commerce are initiated mostly by the United States and European Union (EU). The objective of this paper is to raise awareness creation activities in which the international cooperation is needed for promoting the global electronic marketplace in Asia. For this purpose, this paper reviews the approaches of U.S. and European countries (or European Union), and suggests an development framework on the basis of the reviews. The framework is used to analyze current issues around Electronic Commerce, and identify some fields which require coherent work among researchers in different countries.

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A Countermeasure of New Protectionism by Green Growth in Korea (녹색성장과 보호무역주의에 따른 대응 방안)

  • Lee, Woo-Chae;Yoon, Young-Han
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.395-418
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    • 2009
  • Appeared in the 1970s he started the global warming problem of carbon reduction, unlike the expected withdrawal of the United States was anticipated to be nominal stripping. However, EU mainly carbon market, buy and sell rights to be disposed of evolution was born. In fact, the current reduction of the Kyoto Protocol, and Korea will be designated as the bureau had been scheduled. However, due to economic recession in Korea's status as exempt countries have enjoyed a considerable period. Global warming is a problem in earnest, however, the United States to participate in one or more such discussions since 2013, clearly this will begin the international order. And international order that is more stringent than expected, and is expected to be strong. Then, however, an interesting thing to justify protection of the environment in some countries to protect domestic industry, the movement is visible is the side. In fact the WTO since the conclusion of all non-tariff trade barriers were abolished. However, recently, New Round of the delay based on reciprocity and fair trade in the framework of environmental protection to justify the movement to protect the domestic industry has been captured. These trends are not friendly, never in Korea. The rationale is that these regulations are enforced, many of our countries and countries with significant trade transactions and the enforcement points. And South Korea's automotive, semiconductors, ships, etc. The main products are much discussed in the international regulations are being referred to as the target point is due. Korean government to actively participate in the international situation and efforts to explore new markets, said yesterday, and 'Low Carbon, Green Growth' was declared. And the Intergovernmental Panel on Climate Change(IPCC) recommendations of the best 30% reduction target was present. This is nothing different about this objection is true. A more fundamental solution to faithfully perform the reduction targets, while the development of environmentally friendly products and the incidence of international standards through the development and expansion of new growth engines, Indeed we are expected to be a fundamental methodology.

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Approaching a Waste Problem Through Art-Technology Convergence: Cases of Hundertwasser Incineration Plants in Austria and Japan (폐기물 문제에 대한 예술·기술 융합적 접근 : 오스트리아와 일본의 훈데르트바서 소각장 사례)

  • Heejin Han
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.3
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    • pp.559-564
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    • 2024
  • Since the era of industrial revolution, the waste volume has continued to grow; waste management has thus become one of the major global environmental challenges facing humanities today. Waste treatment and management issues trigger NIMBY movements, and disputes among states, governments, and social actors over the issues have been accelrating. At the level of states and sub-states, various measures including institutions, laws, regulations, market-oriented methods, consensus and collaborative governance have been introduced to address various problems associated with waste. More recently, science and technology has been applied to the waste treatment and management under the notion of circular economy. However, societal support for addressing waste problems still remains inadequate, calling for new approaches and alternative pathways. In this context, this study examines two cases of urban incineration plants designed by Hudertwasser, Austria-born artist and architect: Spittelau, Austria, and Osaka, Japan. Through these case studies, I demonstrate how creative and innovative culture-technology convergence can shed new light on challenging environmental issues such as an urban waste problem.

Modelling and simulation of a closed-loop electrodynamic shaker and test structure model for spacecraft vibration testing

  • Waimer, Steffen;Manzato, Simone;Peeters, Bart;Wagner, Mark;Guillaume, Patrick
    • Advances in aircraft and spacecraft science
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    • v.5 no.2
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    • pp.205-223
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    • 2018
  • During launch a spacecraft is subjected to a variety of dynamical loads transmitted through the launcher to spacecraft interface or air-born transmission excitations in the acoustic pressure field inside the fairing. As a result, spacecraft are tested on ground to ensure and demonstrate the global integrity of the structure against these loads, to screen the flight hardware for quality of workmanship and to validate mathematical models. This paper addresses the numerical modelling and simulation of the low frequency sine and random vibration tests performed on electrodynamic shaker facilities to comprise the mechanical-borne transmission loads through the launcher to spacecraft interface. Consequently, the paper reviews techniques and methodologies to derive a reliable and representative coupled virtual vibration testing simulation environment based on experimental data. These technologies are explored with the main objectives to ensure a stable, reliable and accurate control while testing. As a result, the use of the derived simulation models in combination with the added value of improved control and signal processing algorithms can lead to a safer and smoother vibration test control of the entire environmental test campaign.

The Determinants of the Export Timing and Export Performance of Venture Firms. (국내 벤처기업 수출시기와 수출성과 결정요인에 관한 연구)

  • Park, Keun-Ho;Rowe, Sung-Jae;Lim, Hyo-Chang
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.41-66
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    • 2007
  • This paper develops a model of the export timing and export performance of venture firms by drawing by resource based view and born-global firm theory. The model aims at explaining the role of internal resources of small new venture firms and environment factors in accelerating the firm's export timing and achieving export growth. Hypothesses were developed around the following factors: management characteristics in terms of CEO's foreign experience and export commitment; organizational characteristics in terms of technological competence and marketing competence, and inter-functional cooperation; and finally environmental factors in terms of domestic and market attractiveness and foreign market attractiveness influence both the export timing and export performance. Structural equation modeling analysis by using 214 small new ventures provides a partial supports for the hypotheses. The result showed that technological competence have an influence on early export timing and that CEO's foreign experience and export commitment, technological competence and foreign market attractiveness are related export performance significantly. It also showed the significant relationship between export timing and export performance.

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Machine-to-Machine Communications: Architectures, Standards and Applications

  • Chen, Min;Wan, Jiafu;Li, Fang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.6 no.2
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    • pp.480-497
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    • 2012
  • As a new business concept, machine-to-machine (M2M) communications are born from original telemetry technology with the intrinsic features of automatic data transmissions and measurement from remote sources typically by cable or radio. M2M includes a number of technologies that need to be combined in a compatible manner to enable its deployment over a broad market of consumer electronics. In order to provide better understanding for this emerging concept, the correlations among M2M, wireless sensor networks, cyber-physical systems (CPS), and internet of things are first analyzed in this paper. Then, the basic M2M architecture is introduced and the key elements of the architecture are presented. Furthermore, the progress of global M2M standardization is reviewed, and some representative applications (i.e., smart home, smart grid and health care) are given to show that the M2M technologies are gradually utilized to benefit people's life. Finally, a novel M2M system integrating intelligent road with unmanned vehicle is proposed in the form of CPS, and an example of cyber-transportation systems for improving road safety and efficiency are introduced.