• Title/Summary/Keyword: Business size

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Exports, Firm Size, and Firm Dynamics : An Empirical Study on the Korean Manufacturing Industry (기업규모, 기업성장, 그리고 수출성과 : 우리나라 제조업에 대한 실증적 연구)

  • Sung, Tae-Kyung;Park, Kwang-Seo
    • Management & Information Systems Review
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    • v.22
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    • pp.1-23
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    • 2007
  • This paper investigates the relationships between exports, firm size, and firm dynamics. It is based on a longitudinal data covering listed firms in the Korean manufacturing industry. We found the stylized fact that the probability that a firm is exporter increases with firm size. A regression model for the determinant of export/sales ratio including dynamic adjustment process is tested on a cross-section sample for the year 2001. Empirical findings suggest that there is a positive and inversely U-shaped relationship between firm size and export/sales ratio, just for basic material and capital good industry. Except for firm size, the hypotheses concerning human capital intensity, physical capital intensity, R&D intensity, and patent are rejected. Using Granger causality test, we found that the rate of growth of total sales influences the change of the export/sales ratio with time lag for medium-sized firms. Finally, some policy implications are presented.

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Development of Large Sized AM-OLED

  • Lee, Baek-Woon;Kunjal, Parikh;HUh, Jong-Moo;Chu, Chang-Woong;Chung, Kyu-Ha
    • Proceedings of the Polymer Society of Korea Conference
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    • 2006.10a
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    • pp.17-18
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    • 2006
  • Flat Panel Displays (FPDs) have made a revolution in the display industry. TFT-LCD (Thin Film Transistor Liquid Crystal Display) has been the main player of FPD for last two decades. As the industry continuously develops the technology for better performance with lower cost is constantly demanded where several post LCD technologies are being developed. One of the prime candidates of post LCD technology is AMOLED (Active Matrix Organic Light Emitting Diode) that is considered to be an ideal FPD due to its extraordinary display performance and potentially low cost display structure. This technology has been accepted to small size display applications, such as cellular phone, PDA and PMP, etc. In this paper it is discussed that how this technology can be extended to large size display applications, such as TV. The technical issues and solutions of TFT backplane and color patterning of OLED materials are discussed and proposed

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Design of Merchant Server for Small.Medium Electronic Commerce (중.소형 전자상거래를 위한 Merchant Server의 설계)

  • 황병연
    • The Journal of Society for e-Business Studies
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    • v.4 no.1
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    • pp.73-86
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    • 1999
  • Inspired by the growth of the Internet, electronic commerce(EC) has grown rapidly over the last few years and has become a major Internet application domain. EC encompasses various profit-oriented activities such as purchase of goods and services over the network, banking, and business-to-business trade. The purpose of this research is to develop an electronic commerce merchant server for the small and medium size business. The proposed solution is designed to meet a cheap, simple, extensible, and interoperable requirement. Also, our solution supports one-to-one marketing concept by using matching technology. We expect that our solution makes the small and medium size EC market more easily.

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Analysis and Comparison of Labor Market Stability by Business Categories in Urban and Rural Areas : Industrial Group, Employment Size, and Survival Duration (도시 및 농촌지역 사업체 유형별 노동시장 안정성 비교분석: 산업군, 종사자규모 및 존속기간별 유형을 중심으로)

  • Lee, Jemyung
    • Journal of Korean Society of Rural Planning
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    • v.23 no.1
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    • pp.97-112
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    • 2017
  • Stability of labor market in rural areas was analyzed in this paper with categories of industrial group, employment scale, surviving period, and founder group. The stability of each classified labor market was compared with each other to figure out the stable business class and the unstable class in rural areas. The results of rural areas were compared with those of urban areas. The stability was analyzed with average and coefficient of variation (C.V.) of annual total employees' change rates. It was revealed that labor market of 'primary industry', including agriculture, is unstable. Especially, labor market of 'mid-size' and 'primary industry' businesses founded as 'incorporated company' in rural areas is vulnerable. While labor market of 'large-size' is proved to be unstable, it is confirmed that 'small-size' or 'mid-size', and 'over-ten-year survived' businesses have positive contribution to the stable labor market in rural and urban areas. The results show that the stability of labor market is different in each category of business and in each region of rural or urban area. It is expected that the results can be utilized for the regional development policies, of labor and industry part.

The Difference of the Inventories Assets Turnover Change Ratio According to the Firm Size (기업 크기에 따른 재고자산회전 변화율의 차이)

  • Lee, Jihye;Choi, Young-Keun;Kim, Pansoo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.2
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    • pp.72-81
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    • 2015
  • This paper studied the differences of the inventories asset turnover change ratio and several characteristics variable between large and small manufacturing firm group. Large and small firm group were determined based on number of labors and asset size. Several characteristics variable of firms such as assets size, sales growth rate, return on assets, leverage ratio, credit rating and age of firm were used to find out the differences of firm group. As a result, the inventory asset turnover change ratio of large firm was 5.16% and that of the middle and small firm was 9.3%. For the large firm, sales growth rate, ROA and credit rating affect inventory assets turnover change ratio. For the middle and small sized firm, Assets size, sales growth rate and credit rating affect inventory assets turnover change ratio. Using this result, we can say that manufacturing company need to consider their firm size and their characteristics to make their own operation strategy of inventory.

Characteristics of Commercial Leaflets Sandwiched in Newspaper (Part 1) - The Size and Printing Types of Leaflets according to Business - (신문에 끼워진 상업용 전단지의 특성 (제 1보) - 발행업종별 전단지의 크기 및 인쇄 형태 -)

  • Yoon, Seung-Lak
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.45 no.6
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    • pp.55-63
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    • 2013
  • To offer a basic information for the fibers of commercial leaflets, authors examined and analyzed the distribution, size, and printing types of leaflets sandwiched in the newspaper. The number of different leaflet size were almost 30 in two years including B5 ($182{\times}257mm$), A4 ($210{\times}297mm$), B4, ($257{\times}364mm$), A3 ($297{\times}420mm$), and large flyers such as $545{\times}395mm$, and $790{\times}550mm$. The number of different leaflets size were 25 in 2011, which was reduced to 15 in 2012. Both the number and amount of the leaflets were reduced. The high quality leaflets were issued and distributed in the corporate sector and the leaflets issued in other sectors such as shopkeeping, restaurant business, educational institutions were one-sided leaflets printed on single side of the paper. Compared to the previous year, large stores showed the increased number of leaflets but the number of leaflets from restaurant business and educational institutions and building trade were decreased.

The Role of Open Business Model in Technology Commercialization

  • Park, Hyo J.;Shin, Wan S.;Ju, Yong J.
    • Journal of Korean Society for Quality Management
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    • v.42 no.3
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    • pp.477-496
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    • 2014
  • Purpose: This paper has examined the impact of open innovation business model in technology commercialization with the data from 30 companies of manufacturing firms in South Korea. Methods: The findings provide support for distinguishing five hypotheses relating to development time, IP management, sales, firm size and R&D intensity. To test the hypotheses, data were collected using via e-mail and fax. Small and medium-sized (less than 300 employees) and large industrial firms were chosen for this study. Results: The result shows that openness in its business model is positively associated with successful technology commercialization. Conclusion: The major findings and the implications are: First, as the business model gets more open, development period of technology will be more favorable which gets benefit from rising costs of innovation. Second, as the business model gets more open, large portion of sales are created from new products. Thus, the problem of shorter product life in the market which affects large portion of market revenue can be solved through an open business model. Third, in general, R&D intensity, firm size and the level of IP management affect determination of business model types. The findings also suggest that companies need to increasingly address their external technology exploitation process instead of focusing on their internal innovation processes.

The Growth Effects of R&D Policy: A Theoretical Approach Focusing on Public R&D and Business R&D Subsidy (연구개발정책의 경제성장효과: 공공연구개발과 기업연구개발보조 중심의 이론적 접근)

  • Sang Choon Kim;Chuhwan Park
    • Journal of Information Technology Applications and Management
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    • v.29 no.6
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    • pp.23-42
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    • 2022
  • This paper introduces two R&D policy instruments of public R&D and business R&D subsidy into the growth model of endogenous innovation simultaneously, and studies how they respectively affect economic growth, as well as how they interact with each other for the growth effects. Main results are as follow. The growth effects of each instrument are non-monotonous but various depending on the structure of economy. For example, the growth effects of public R&D become positive in the economy of more innovation-friendly structure such as larger marker size, more monopolistic market structure and more patient consumer, but the growth effects of business R&D subsidy become positive in the economy of less innovation-friendly structure such as smaller market size, more competitive market structure and more inpatient consumer. Meanwhile business R&D subsidy does not affect the growth effects of public R&D, but public R&D affects the growth effects of business R&D subsidy. Particularly, in the economy of less innovation-friendly structure public R&D becomes complimentary to business R&D subsidy.

Board Governance and Bank's Performance: Does Size Matter?

  • ALAM, Atia;ABBAS, Syeda Fizza;HAFEEZ, Ameena
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.817-825
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    • 2020
  • Over the last few decades, corporate frauds have highlighted the significance of corporate governance in deriving firm performance. By using different sample data, extensive research has examined how corporate governance structure influences firm's profitability, but limited research was undertaken on the banking sector of Pakistan. This research adds to the literature by testing how board structure derives bank's performance by using sample data of 19 banks for the period from 2010 to 2017. In addition, the study analyzes the controlling part of size on the link between board governance and bank performance. Findings reveal that banks having small board size, fewer non-executive directors and minimum activity level perform better. Analysis related to bank size illustrates that board size has value in increasing benefits in large size banks in contrast to small size one, while higher participation by board members enhances performance of small size banks more. The correlation results and findings showed that there existed no multicollinearity issue between independent variables. Board size showed positive correlation with the market variable, while board activity tended to correlated negatively with the market performance. Inverse correlation between board size and independent directors indicated that Pakistani banks with greater board size had fewer independent directors.

A Study of Sizing System for Children′s Wear for the Use of E-Business (인터넷 전자 상거래를 위한 아동복 Sizing system 개발에 관한 연구)

  • 조진숙;최경희
    • Journal of the Korean Society of Clothing and Textiles
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    • v.26 no.6
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    • pp.923-934
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    • 2002
  • The aim of this study is to suggest a Sizing System which has following points:- 1. In order to satisfy children of diverse figure shapes, we developed sizing system for three different figure type. Figure types are categorized into slim, normal, fat type based on the Rohrer Index. 2. For each figure types, we developed size chart using height bust circumference and hip circumference as basic measurements. The size codes are presented as the height-bust circumference or height-hip circumference. The size interval of height is 5cm for all figure types, such as 120,125,130 ‥‥ we developed a size allocation program, which is helpful when a customer doesn't know exact measurement of some body dimension. If a customer input measurements as much as he/she hows, the program allocates the nearest. At the end of the study, the sizing interaction sites were developed to present the results of the study clear.