• Title/Summary/Keyword: Comparative Advantages

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A theoretical study on Determinants of National Competitive Advantage (산업의 국제경쟁력 결정요인에 관한 이론적 관찰)

  • 이학헌;민성규
    • Journal of the Korean Institute of Navigation
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    • v.19 no.1
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    • pp.49-69
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    • 1995
  • What is the national competitive power\ulcorner What are the determinants of national competitive advantage\ulcorner In order to find these problems, this study was initiated theoretically through the international trade theory and international managerial strategic theory. The flow of studies, in connection with these competitive advantage, come into industries competitive advantage from national competitive advantage. It is understood that the flow of studies is based on the change of paradigm about the international industry environment. Today, the international industry environment has been changed into vigorous situation with the new trade system such as globalization, UR negotiation, WTO system instead of GATT. Among these environments, all enterprises in any industries should try to enhance their benefit, income profits and develop their management strategy, because it is essential for them to keep and make a profit in order to be competitive against all other rivaling enterprises. According to researchers and the ages of history, the concept and determinants of competitive advantage have been dissimiliar as followings. 1) Theory of absolute advantage : Absolute Product Cost. 2) Theory of comparative advantage : Comparative Product Cost. 3) Theory of reciprocal demand : the Reciprocal Demand Structure. 4) Theory of Hechsher-Ohlin : Factor Endowment. 5) Paradox of Leontief : the Quality of Factor Endowment. 6) Theory of technological gap : R & D. 7) Technological gap model : The Technological Gap. 8) Theory of the product life cycle : Product Life Cycle. 9) Christensen's study : Firm's character & manager's character. 10) Monopolistic Advantage Theories : Monopolistic Advantage 11) Electic theory : Ownership, location and internalization specific advantages. 12) Theory of value chain : Cost advantage, Differentiation, Focus. However all these theories have the limit of illustration regarding today's competitive situation, the Porter's theory shows well the determinants of competitive advantage with competitive strategy. Therefore, the analysis of the competitive advantage for maritime industry should be studied by the determinants of competitive advantage of nations

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A Comparative Analysis of Path Planning and Tracking Performance According to the Consideration of Vehicle's Constraints in Automated Parking Situations (자율주차 상황에서 차량 구속 조건 고려에 따른 경로 계획 및 추종 성능의 비교 분석)

  • Kim, Minsoo;Ahn, Joonwoo;Kim, Minsung;Shin, Minyong;Park, Jaeheung
    • The Journal of Korea Robotics Society
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    • v.16 no.3
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    • pp.250-259
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    • 2021
  • Path planning is one of the important technologies for automated parking. It requires to plan a collision-free path considering the vehicle's kinematic constraints such as minimum turning radius or steering velocity. In a complex parking lot, Rapidly-exploring Random Tree* (RRT*) can be used for planning a parking path, and Reeds-Shepp or Hybrid Curvature can be applied as a tree-extension method to consider the vehicle's constraints. In this case, each of these methods may affect the computation time of planning the parking path, path-tracking error, and parking success rate. Therefore, in this study, we conduct comparative analysis of two tree-extension functions: Reeds-Shepp (RS) and Hybrid Curvature (HC), and show that HC is a more appropriate tree-extension function for parking path planning. The differences between the two functions are introduced, and their performances are compared by applying them with RRT*. They are tested at various parking scenarios in simulation, and their advantages and disadvantages are discussed by computation time, cross-track error while tracking the path, parking success rate, and alignment error at the target parking spot. These results show that HC generates the parking path that an autonomous vehicle can track without collisions and HC allows the vehicle to park with lower alignment error than those of RS.

Digital Transformation, Business Model and Metaverse (디지털 전환, 비즈니스 모형 관점에서 본 메타버스)

  • Kim, Taekyung;Kim, Shinkon
    • Journal of Digital Convergence
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    • v.19 no.11
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    • pp.215-224
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    • 2021
  • Business stakeholders have shown huge interests on the way how to increase business value by integrating real world businesses with a rising metaverse concept. To understanding the utility of metaverse regarding digital transformation, this study conducted a qualitative study based on a metaverse framework from 2006 Metaverse Roadmap and reference theories on business models. Specifically, a multiple comparative case approach was adopted to investigate three metaverse application cases from 2000 to 2020. From findings, it was revealed that different metaverse features were tried to leverage traditional simulation games, social communities, and virtual communication activities to build business models. Secondly, the use of metaverse features were likely to be helpful in getting competitive advantages. However, we are also aware that stakeholder credibility should be carefully managed to sustain businesses.

Comparison of International Competitiveness of Digital Services Trade between Korea and China

  • Zhen Feng;Ming-Ming Zhang
    • Journal of Korea Trade
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    • v.26 no.3
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    • pp.79-101
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    • 2022
  • Purpose - The purpose of this study is to analyze and compare the international competitiveness of digital service trade between Korea and China and to help enhance the competitive advantage of digital service trade between the two countries. Design/methodology - This paper designs and establishes a comprehensive evaluation system for the international competitiveness of the Korea-China digital service trade. By using the analytical methods of combining theory and demonstration through qualitative and quantitative analysis, this paper makes a concrete and complete theoretical deconstruction and empirical measurement of its international competitiveness from the two levels of overall competitiveness and departmental competitiveness. At the same time, the study also analyzes the competitive advantages and comparative disadvantages of the two countries. Findings - It is found that South Korea has a strong competitive advantage in the sector competitiveness of digital service trade, and the export structure is reasonable and balanced, but the deficit pattern affects the overall competitiveness. China has a strong competitive advantage in the overall competitiveness of the digital service trade. However, the structural imbalance in the export sector weakens the competitiveness of the sector. Both Korea and China have the space advantage and competitive potential to enhance international competitiveness in terms of development trends. Originality/value - This paper takes the lead in solving the pain point of the relative lack of similar research topics. It demonstrates the evolution process, development trends, and structural characteristics of the digital service trade. A new combination of competitive power research methods is innovated, and a comprehensive evaluation system is established. The above innovation points show the academic theoretical value and practical application value of this study.

Effects of Coffee Shop Choice Attributes and Type of Coffee Shop on Customer Satisfaction : Using Fuzzy Set Qualitative Comparative Analysis(fsQCA) (커피전문점 선택 속성과 점포유형의 결합 관계가 만족도에 미치는 영향 : 퍼지셋 질적비교분석(fsQCA)을 중심으로)

  • Han, Young-Wi;Lee, Yong-Ki;Ahn, Sung-Man
    • The Korean Journal of Franchise Management
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    • v.8 no.1
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    • pp.31-41
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    • 2017
  • Purpose - As the domestic coffee market is rapidly growing and competition is intensifying, coffee shops need to establish a marketing strategy that grasps the needs and desires of consumers in order to secure a competitive advantage in terms of survival. From this point of view, this study suggests what choice attributes consumers consider when visiting coffee shops, and analyzes the effect of customer choice attributes on franchise and private coffee shops using fsQCA. Research design, data, and methodology - In the present study, we tried to understand the effect of the combination of choice attribute on satisfaction by the type of coffee shop based on the complex system theory, while studying the existing coffee shop choice attribute focuses on the causal relationship. FsQCA is a complementary analytical method between quantitative and qualitative research, and is a method for effectively analyzing the complex combination of causal variables. Result - The results of the study are as follows. First, cleanliness was found to be the most important factor in determining coffee quality, which is the most important factor affecting customer satisfaction. Second, customers who prefer franchise coffee shops seem to be most concerned about atmosphere, menu, cleanliness and price. On the other hand, customers who prefer private coffee shops consider image the most important. Conclusions - The implications of this study are as follows. Overall, coffee shops should manage cleanliness basically regardless of the type of store, but they should manage the choice attributes differently depending on the type of coffee shop. Franchise coffee shops will be able to increase the level of store satisfaction by systematically managing the store atmosphere, menu, cleanliness, and price according to the manual using the advantages of the franchise system. On the other hand, unlike the franchise coffee shops, private coffee shops can operate autonomous stores, so customers can use various marketing mixes to enhance their store image.

A Study on Big Data Analysis of Related Patents in Smart Factories Using Topic Models and ChatGPT (토픽 모형과 ChatGPT를 활용한 스마트팩토리 연관 특허 빅데이터 분석에 관한 연구)

  • Sang-Gook Kim;Minyoung Yun;Taehoon Kwon;Jung Sun Lim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.4
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    • pp.15-31
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    • 2023
  • In this study, we propose a novel approach to analyze big data related to patents in the field of smart factories, utilizing the Latent Dirichlet Allocation (LDA) topic modeling method and the generative artificial intelligence technology, ChatGPT. Our method includes extracting valuable insights from a large data-set of associated patents using LDA to identify latent topics and their corresponding patent documents. Additionally, we validate the suitability of the topics generated using generative AI technology and review the results with domain experts. We also employ the powerful big data analysis tool, KNIME, to preprocess and visualize the patent data, facilitating a better understanding of the global patent landscape and enabling a comparative analysis with the domestic patent environment. In order to explore quantitative and qualitative comparative advantages at this juncture, we have selected six indicators for conducting a quantitative analysis. Consequently, our approach allows us to explore the distinctive characteristics and investment directions of individual countries in the context of research and development and commercialization, based on a global-scale patent analysis in the field of smart factories. We anticipate that our findings, based on the analysis of global patent data in the field of smart factories, will serve as vital guidance for determining individual countries' directions in research and development investment. Furthermore, we propose a novel utilization of GhatGPT as a tool for validating the suitability of selected topics for policy makers who must choose topics across various scientific and technological domains.

A Comparative Study on European Container Terminal Operation System

  • Han, Chul-Hwan;Kim, Yong-Wong
    • Journal of Navigation and Port Research
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    • v.27 no.3
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    • pp.297-306
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    • 2003
  • As the competition in the liner shipping industry is becoming fiercer, the shipping company is trying to find the way to keep the best competitive position by reducing the cost level as low as possible and offering the best quality of service to their customer. In order to achieve this goal, the selection of port and terminal that have the best quality of service and cost effective structure is essential for the shipping line, where they can only have a chance to save the money. In this context, the paper compares three European container terminals in order to understand the factors that have to be considered in the decision making process for the selection of terminal. And its advantages and disadvantages of each type of container terminal operation system were analyzed from the liner shipping company's point of view in terms of cost, time, flexibility, stability, hinterland connection, geographical position and terminal productivity. It is obvious that the cost factors are very important for liner shipping company to select their terminal. However, there might be even more important factors than the cost factors, such as quality of port and terminal service, mutual trust, and possibility of future development.

Comparative Analysis of BP and SOM for Partial Discharge Pattern Recognition (부분방전 패턴인식에 대한 BP 및 SOM 알고리즘 비교 분석)

  • Lee, Ho-Keun;Kim, Jeong-Tae;Lim, Yoon-Seok;Kim, Ji-Hong;Koo, Ja-Yoon
    • Proceedings of the KIEE Conference
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    • 2004.07c
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    • pp.1930-1932
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    • 2004
  • SOM(Self Organizing Map) algorithm which has some advantages such as data accumulation ability and the degradation trend trace ability was compared with conventionally used BP(Back Propagation) algorithm. For the purpose, partial discharge data were acquired and analysed from the artificial defects in GIS. As a result, basically the pattern recognition rate of BP algorithm was found out to be better than that of SOM algorithm. However, SOM algorithm showed a great on-site-applicability such as ability of suggesting new-pattern-possibility. Therefore, through increasing pattern recognition rate it is possible to apply SOM algorithm to partial discharge analysis. Also, for the image processing method it is required the normalization of the PRPDA graph. However, due to the normalization both BP and SOM algorithm have shown worse results, so that it is required further study to solve the problem.

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Comparative Luminance and Correlated Color Temperature of Work-place by a Fluorescent and LED Light Sources (LED광원과 형광광원에 의한 작업면의 휘도 및 색온도 비교)

  • Baik, Seung heon;Jeong, In Young;Kim, Jeong Tai
    • KIEAE Journal
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    • v.8 no.6
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    • pp.21-26
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    • 2008
  • According to the tendency of energy efficiency and environment-friendly chracteristics, demend of High-efficiency lighting using LED(Light Emitting Diode)are being increased actively and applied in various fields. However, In order to adequate application of LED light sources, it is necessary to lighting environment and luminous characteristics of LED light sources. This Study aims to characterize the work-plane lighting environment by LED light sources comparing with fluorescent light sources which are widely used. For the sake of this study, a fluorescent light source and 5 LED light sources were introduced and luminance and correlated color temperature were measured to evaluate luminance contrast. The experimental model is Mock-up which is $4.9m{\times}7.2m$ with a height of 2.9m. The test room was set up partition and desks. Luminance and correlated color temperature were measured work-plane on the desk which was set up local lighting by the Radiant Imaging ProMetric 1400. The optical characteristics data of LED can give a lot of advantages to design LED lighting appliances. Hereafter, the object of research will be conducted to evaluate effects of LED light sources on working performance, survey of visual performance, preference and physiology of subjects.

A Visualization System for Multiple Heterogeneous Network Security Data and Fusion Analysis

  • Zhang, Sheng;Shi, Ronghua;Zhao, Jue
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.10 no.6
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    • pp.2801-2816
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    • 2016
  • Owing to their low scalability, weak support on big data, insufficient data collaborative analysis and inadequate situational awareness, the traditional methods fail to meet the needs of the security data analysis. This paper proposes visualization methods to fuse the multi-source security data and grasp the network situation. Firstly, data sources are classified at their collection positions, with the objects of security data taken from three different layers. Secondly, the Heatmap is adopted to show host status; the Treemap is used to visualize Netflow logs; and the radial Node-link diagram is employed to express IPS logs. Finally, the Labeled Treemap is invented to make a fusion at data-level and the Time-series features are extracted to fuse data at feature-level. The comparative analyses with the prize-winning works prove this method enjoying substantial advantages for network analysts to facilitate data feature fusion, better understand network security situation with a unified, convenient and accurate mode.