• Title/Summary/Keyword: Businesses

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An Empirical Analysis of the Impact of the Institution-based Trust Factors on the Survival of E-commerce Companies in Korea (제도기반 신뢰요소가 한국 전자상거래 기업의 생존에 미치는 영향에 관한 실증 분석 연구)

  • Park, Sho Yun;Kim, Seung Hyun
    • Knowledge Management Research
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    • v.20 no.4
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    • pp.131-148
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    • 2019
  • E-commerce in Korea has grown steadily in recent years. E-commerce has provided firms with an effective method to approach potential customers by overcoming geographical and physical barriers. However, despite the rapid growth, many e-commerce businesses closed their businesses and were not able to survive. This study aims to empirically examine the factors that determine the survival of e-commerce businesses in Korea. In particular, this study focuses on the factors related to the notion of institution-based trust that includes delivery, privacy, and security management. This research used the data set about 31,295 e-commerce businesses that have been registered in Seoul. We found that the e-commerce business that does not require extra personal information beyond the standard terms and conditions or provides a feedback mechanism by having an online board to submit a complaint has a higher chance of survival. In addition, the e-commerce business that has a secured web server, shows the specific information about the date of delivery, or provides escrow services is likely to survive longer than others. The research has extended the extant literature on the importance of trust in e-commerce by empirically examining the effects of the institution-based trust factors on the actual survival of e-commerce businesses.

SVM based Bankruptcy Prediction Model for Small & Micro Businesses Using Credit Card Sales Information (신용카드 매출정보를 이용한 SVM 기반 소상공인 부실예측모형)

  • Yoon, Jong-Sik;Kwon, Young-Sik;Roh, Tae-Hyup
    • IE interfaces
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    • v.20 no.4
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    • pp.448-457
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    • 2007
  • The small & micro business has the characteristics of both consumer credit risk and business credit risk. In predicting the bankruptcy for small-micro businesses, the problem is that in most cases, the financial data for evaluating business credit risks of small & micro businesses are not available. To alleviate such problem, we propose a bankruptcy prediction mechanism using the credit card sales information available, because most small businesses are member store of some credit card issuers, which is the main purpose of this study. In order to perform this study, we derive some variables and analyze the relationship between good and bad signs. We employ the new statistical learning technique, support vector machines (SVM) as a classifier. We use grid search technique to find out better parameter for SVM. The experimental result shows that credit card sales information could be a good substitute for the financial data for evaluating business credit risk in predicting the bankruptcy for small-micro businesses. In addition, we also find out that SVM performs best, when compared with other classifiers such as neural networks, CART, C5.0 multivariate discriminant analysis (MDA), and logistic regression.

Using No-Code/Low-Code Solutions to Promote Artificial Intelligence Adoption in Vietnamese Businesses

  • Quoc Cuong Nguyen;Hoang Tuan Nguyen;Jaesang Cha
    • International Journal of Internet, Broadcasting and Communication
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    • v.16 no.3
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    • pp.370-378
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    • 2024
  • Recently, Artificial Intelligence (AI) has been emerging as a technology that has transformed and revolutionized various industries around the world. In recent years, businesses in Vietnam have also started to embrace AI applications to enhance their operations and gain a competitive edge in the market. As AI technologies continue to evolve rapidly, their impact on Vietnamese businesses is becoming increasingly profound. As artificial intelligence continues to progress across various fields, the need to democratize AI technology becomes increasingly clear. In a rapidly growing market like Vietnam, leveraging AI offers significant opportunities for businesses to improve operational efficiency, customer engagement, and overall competitiveness. However, significant barriers to AI adoption in Vietnam are the scarcity of skilled developers and the high cost of implementing traditional AI. No-code/low-code platforms offer an innovative solution that can accelerate AI adoption by making these technologies accessible to a wider audience. This article analyzes and understands the benefits of no-code/low-code solutions and proposes a roadmap for implementing no-code/low-code solutions in promoting AI applications in Vietnamese businesses.

A Study on the Tax Support System of Small and Medium Business for Foundation (창업중소기업을 위한 조세지원제도에 관한 연구)

  • Park Sang-Bong
    • Management & Information Systems Review
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    • v.12
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    • pp.227-245
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    • 2003
  • In this paper, it is indicated that, currently, foundation of small and medium businesses is generally increasing in number, but the establishment of manufacturing companies is very slow. This is because of many factors interfering with promotion of the opening of small and medium businesses such as endless bakruptcies of the businesses and uncertain perspective. Therefore, it will be expected to encourage people to start business and activate establishment of small and medium sized manufacturing companies by improving tax support systems and providing tax support information services for founed companies and foundation supporting companies.

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An Analysis on BSC Performance by adoption level of e-Commerce Activities in Korean Small Businesses (전자상거래 적용수준에 따른 BSC 성과 분석 - 소기업을 중심으로 -)

  • 김진한;이윤석;김성홍
    • Proceedings of the CALSEC Conference
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    • 2003.09a
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    • pp.281-286
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    • 2003
  • The key aim of this research is to address the relationship between adoption level of e-commerce usage and performance based on Balanced scorecard perspectives. In order to identify the e-commerce adoption characteristics of small businesses, we carried out principal component analysis and cluster analysis by means of a survey with interview. The association of the e-commerce adoption level currently reached by a small businesses with internal process, learning/growth, customer perspectives performance is investigated and discussed.

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A Study on the Investigation of Safety Management System for Venture Business (벤처기업의 안전관리 실태조사 및 개선방안에 관한 연구)

  • 김찬오;유재환
    • Journal of the Korean Society of Safety
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    • v.14 no.1
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    • pp.193-198
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    • 1999
  • The venture businesses deal with various kinds of hazard factors, that is, substances, processes and techniques, which have not been investigated. Nevertheless, the safety management systems of venture businesses are not systematic until now. And also it is very difficult to find out the cases of foreign advanced countries. In this study a questionnaire which investigate the present states of safety management system, have been excuted for 358 venture businesses. As a result, the present states of safety management system of venture business are assessmented, and the supporting direction of the safety management for venture business is proposed.

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The Analysis of Financial Factors and efficiency that influence on the Venture Business' Survival (벤처기업의 효율성과 재무요인이 기업의 생존에 미치는 영향 분석)

  • Song, Sung-Hwan;Gwon, Seong-Hoon;Hong, Soon-Ki;Yoo, Kyung-Jin;Bae, Young-Im
    • Korean Management Science Review
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    • v.27 no.1
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    • pp.107-116
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    • 2010
  • There are several stage in corporate's life cycle such as foundation, growth, maturity or bankruptcy. A bankruptcy is very important for corporate in the life cycle. Especially, venture business' life cycle is short compare to other type of corporate. A lot of venture businesses have emerged and bankrupted soon in the market. Venture businesses' survival or bankruptcy have been influenced by not only external environment like the rate of exchange, oil price, and foreign exchange crisis but also internal environment such as efficiency, process, human resources, finance and CEO. In this paper, we attempt to examine financial factors and efficiency that influence on the venture businesses' survival and bankruptcy. The more venture businesses have high efficiency score, the more they have high probability of survival.

A Road-map for an e-Commerce Development (전자상거래 발전 로드맵 모델)

  • Choi, Se-Ill
    • The Journal of the Korea institute of electronic communication sciences
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    • v.7 no.4
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    • pp.897-904
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    • 2012
  • This paper proposes a road-map from entering into the cyber spaces to getting to the success of cyber businesses. In order to succeed in cyber businesses, the nature of cyber space, attributes of the businesses and circumstances of the business owner have to be integrated and resolved. This road-map consists of integrated stepwise phases of understanding cyber spaces and developing cyber businesses.

A Classification of Web Business Models (웹 비즈니스 모델의 분류에 관한 연구)

  • Jeong, Hai-Sung;Lee, Yang-Kyu
    • Journal of Applied Reliability
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    • v.10 no.3
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    • pp.183-197
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    • 2010
  • Web businesses are one of the most dynamic industries where lots of new business models are emerging while the other obsoleted ones are fading away almost every day. It is, therefore, difficult to establish a classification scheme for ever-changing web businesses. Previous researches on business models focus on classifying web businesses in one dimension which made some web sites difficult to fit into one category. We propose two dimensional classification scheme based on the means and the sources of revenue. The two dimensional classification provides more clear and broad perspectives of the web businesses and ways to identify web sites in combinations of several business models.

Analysis and Countermeasure of Malicious Code in Small Businesses (중소기업 환경에서 악성코드 유형 분석과 대응 방안)

  • Hong, Jun Suk;Kim, Young hee;Park, Won Hyung;Kook, Kwang Ho
    • Convergence Security Journal
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    • v.15 no.7
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    • pp.55-62
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    • 2015
  • Due to the development of various information systems and PC, usage of Internet has rapidly increaced which lead to malicious codes rapidly spreading throughout the Internet. By the increasing use of the Internet, the threat by malicious codes has become a serious problem. In particular, Small businesses which lack investments in security personnels makes it impossible to verify and measure the servers and PC infected with malicious codes. We have analized malware infection types by using malicious code detection technology of security monitoring service and proposed countermeasures in small businesses.