• Title/Summary/Keyword: Competitiveness Indexes

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Technology Management and Challenges of Vietnamese Enterprises in the International Market

  • Tuan, Nguyen Anh;Thanh, Nguyen Minh;Loc, Tran Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.1
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    • pp.43-52
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    • 2018
  • This research aims to evaluate the current state of technology of enterprises in Vietnam in comparison with several countries in the AEC economic community, thereby to propose several recommendations to Vietnamese enterprises in order able to promote technology innovation activities, create competitiveness with enterprises in the region. Qualitative research methods are used through statistics and comparative descriptions from data collected from various sources: WEF, World Bank, CIEM, General Statistic Office. The study results show that Vietnamese enterprises still have many limitations in technology, originated from their small business scale (capital and labor), the current research capacity is still low, the funding for this activity is not high and the accessibility of the capital is still difficult. According to the Global Competitiveness Index, Vietnam's science and technology indexes are low compared to other AEC-developed countries including the availability of the latest technology; the acquisition of technology at the enterprise level; the capacity of improvement; quality of scientific research organizations..., which shall be a major barrier for Vietnamese enterprises to have to overcome to be able to create the competitiveness when entering the global market. From then on, the authors proposed solutions for two subjects, enterprises and government, to help Vietnamese enterprises to overcome this barrier.

Currency Valuation, Export Competitiveness, and Firm Profitability: Evidence from Bangladeshi Firm-Level Data

  • CHOI, Sunghee
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.61-69
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    • 2021
  • The aim of this paper is to empirically investigate whether and how domestic currency valuation is related to firm-level export competitiveness and profitability by using the unique firm-specific dataset on Bangladeshi nonfinancial firms which have been listed continuously from 2010 to 2018. To achieve the aim of this paper, 63 exporting firms are extracted from a total of 125 firms which have been continuously listed during 2010-2018 and used as the final sample firms. The Pedroni cointegration test reveals that export and import prices of the exporting firms are cointegrated in the short-run as well as long-run. The panel dynamic ordinary least square (DOLS) analysis finds that a firm's export competitiveness is maintained by high import inputs even in the presence of depreciation of Bangladeshi currency against the US dollar. Finally, the DuPont analysis finds that the depreciated Bangladeshi currency enhances an exporter's profitability. Conclusions based on the findings are consistent regardless of exchange rate types, such as, real bilateral exchange rate and nominal or real effective exchange rate indexes. Consequently, the firm-level findings of this investigation suggest that undervalution of home currency is essential for Bangaldesh which is one of the frontier markets in South Asia whose exporting firms are mostly price followers in global markets.

A Study on the Feasibility analysis model for Housing Environment Improvement Project of Depressed region - Focused on the project by the public sector - (낙후지역 주거환경개선사업 타당성분석 평가모델 연구 - 공공(公共) 시행사업을 중심으로 -)

  • Choi, Jung-Min;Choi, Chan-Hwan
    • Journal of the Korean Institute of Rural Architecture
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    • v.14 no.1
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    • pp.83-90
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    • 2012
  • The purpose of this study was to set and analyze the standard model for prioritizing and deciding to take part in housing environment improvement project in the perspective of the public sector. The results of this study were as follows. The location competitiveness, potential demand, marketability and competitive price, etc were selected by assessment indicators. And Various indicators, including of the size of the area, public transportation, accessibility, convenience of living and the influx of the population, were used by weights indexes. The profit of local residents and the public promoter, variability of earnings, sensitivity analysis and the ratio of money in reserve, etc were also established as detailed indexes for the profitability and business risk analysis. To analyze the cash flow of the project process and review the necessary capital in advance, the payback, total working expenses, gearing ratio and sensitivity of a risk, etc were also set as additional detailed indexes. Lastly, considering it is quasi-public projects, the measure to protect tenants, necessity need of redevelopment and local government's will were additionally used by indexes. And Points were distributed on the importance of each index and scored out of 100. It will allow for the public project promoter to decide rationally whether to come in on the project. The public project promoter like the Korea Land and Housing Corporation will be able to make use of various indexes are based on this study to make decision whether joining the housing environment improvement project in depressed region.

Nonlinear Relationship Between Technological Entrepreneurship and National Competitiveness: The Moderation Effect of Innovation-driven Economy

  • Yang, Seung-Lin;Kim, Yong-Shin;Chung, Doohee
    • Journal of Technology Innovation
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    • v.27 no.3
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    • pp.113-142
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    • 2019
  • Based on the Knowledge Spillover Theory of Entrepreneurship, this study analyzes the relationship between technological entrepreneurship and national competitiveness. It also analyzes how innovation-driven economy moderates this relationship. Using data on technological entrepreneurship, national competitiveness indexes and economy development stages from 83 countries over 2011 to 2014, this study finds that a ratio of technology-based start-ups in a country has a U-shaped relationship with national competitiveness. this study also finds that countries that are in the innovation-driven economy strengthen this relationship. This finding shows that a higher ratio of technology-based start-ups of a country does not have unconditional positive effects on national competitiveness, thus, related environments and conditions should be elaborately matched. In particular, this finding also implies that policies related to technology-based start-ups should have a proper fit with the level of economic development of the country so that the positive effects of technological entrepreneurship on national competitiveness can be strengthened.

Competitiveness Comparison between Korea and Japan in the Spectacles Industry (한국과 일본 안경산업의의 경쟁력 비교)

  • Lim, Jun-Hyeong;Hyun, Sung-Cheol
    • Journal of Korean Ophthalmic Optics Society
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    • v.15 no.1
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    • pp.19-23
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    • 2010
  • Purpose: The aims of this paper are to assess the competitiveness about the spectacles industry of Korea against Japan. Methods: We use export competitiveness indexes such as market share index, trade specialization index and market comparative advantage index to evaluate the competitiveness of spectacles industry of Korea against Japan. Results: This paper shows that the comparative advantage of the Spectacles industry of Korea in MC(market comparative advantage) against Japan arc spectacles lenses and contact lenses. Furthermore, it can also be known that the spectacles lenses and contact lenses have export competitiveness in the TSI (trade specialization index) against Japan. Conclusions: We need to choose spectacles lenses and contacts lenses as the main export items against Japan in the spectacles industry of Korea. Along with this, we need to improve the image of the Spectacles industry in Korea; after that, we have to create a strategy that would strengthen export competition in other items.

Analysis of Competitiveness in Steel Distribution Industry between China and Japan

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.14 no.3
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    • pp.31-38
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    • 2016
  • Purpose - This paper reviews the change of steel export-import structure between Japan and China by the courtesy of international business reference index and stress to analyze comparative advantage under the circumstance of time-series evaluating database by 3 indexes. Research design, data, methodology - Per economic phase, both China-Japan have mutually a complementary base. Under this kind of view point, the reason why to conduct this study is to realize how this 2 country's trade competitiveness should be improved and strengthened. Results - Under this research data and analysis outcomes, bilateral intra-economy's potential supplementation is enormous. Additionally, expected benefits from here are so sufficiently assured as we compare them with any other regional economic integrated society. Conclusions - When we review our economic point of view, Northeast economic cooperations between China and Japan can provide a chance for industrial technological cooperations not only in steel business but also in other business areas. Come to think of the circumstance to accelerate competitions between 2 country's industries past time and acknowledge concrete resource supplier including expanding export market and diversification.

the Comparative Analysis on Export Competitiveness for Trade in Service between Korea and China (한·중 서비스 무역의 수출경쟁력 비교분석)

  • Yoo, Il-Seon;Kim, Young-Hwan
    • International Area Studies Review
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    • v.13 no.2
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    • pp.643-666
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    • 2009
  • When it comes to current balance, both of Korea and China enjoy the trade surplus in goods while both countries suffer trade deficit in service. This facts demonstrate that two countries have comparative disadvantages in service industry. In order to identify the international competitiveness of trade in service between Korea and China, several indexes such as TSI, RSCA and IMS was calculated, using the IMF's balance of payments (BOP) statistics as proxy. The results of this analysis are as follows. Korea has a comparative advantage in four sectors (Transportation services, Financial services, Royalties & license fees and Personal cultural recreation), while China has a comparative advantage in five sectors (Travel, Communication services, Insurance services, Computer & information services and Other Business services). Construction services are indeterminate. However, the competitiveness of the two sectors-communication and computer & information-which China has a comparative advantage will be transferred to Korea if some effort to reinforce the competitiveness is added because the gap is being narrowed.

Evaluation of university research using RCAI and RCI based on R&D activity (연구개발 활동의 상대적 비교우위지수 개발을 통한 우리나라 대학의 과학기술 분야 특성화 분석)

  • Bark, Pyeng-Mu
    • Journal of Korea Technology Innovation Society
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    • v.10 no.2
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    • pp.310-333
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    • 2007
  • This paper introduces a relative comparative advantage index and a composite concentration index of university research activity in science and technology. Three hypotheses were tested regarding differences of degree of concentration based on the size of government R&D fund, location of university, and source of foundation, respectively. T-test results imply that there are significant differences of concentration based on the size of R&D fund and source of foundation, while location of university does not show a significant difference. The paper generally suggests that the lesser size of government R&D fund would lead higher level of concentration, and public funded universities tend to maintain far higher concentration ratio. The paper contributes by introducing relevant indexes for analyzing university research competence, concentration and competitiveness, and hence by proposing policy direction and implication for university competitiveness policy.

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The study about achievement and improvement plans of the university assessment of industrial point of view (산업계관점 대학평가의 성과와 개선방안)

  • Kim, Wang-jun;Jang, Keui-deok;Kim, Min-kyu;Park, Juhyoung
    • Journal of Engineering Education Research
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    • v.21 no.5
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    • pp.54-63
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    • 2018
  • The university assessment of Industrial point of view that is the evaluation of university's outcomes was started in 2008 to find out university's social and industrial contribution rate by evaluating the added value of raising up competent people and technical development through university courses. This study is for analyzing outcomes of university assessment of Industrial point of view in the second period and searching for improvement suggestions of evaluation indexes and ways. The outcomes of university assessment of Industrial point of view in the second period is that are the contributions overcoming the difference of industrial requests and university's courses, information offering to university about industrial requests, the substantiate indicator for evaluating the suitability of university's courses and the improvement of university's competitiveness through course's upgrades, The ways improving the university assessment of Industrial point of view are introducing the ways of industrial university's consulting, evaluation for certification and involving graduate school's courses assesment, reinforcing the analysis of industrial requests, improving the indexes of courses and setting up feedback system.

Analysis of technological competitiveness and technology-industry linkage structure of Korea, China and Japan utilizing the patent information in the field of biotechnology (생명공학분야 특허정보를 활용한 한.중.일 기술경쟁력 및 기술-산업연계구조 분석)

  • Cho, Sung-Do;Lee, Cheon-Mu;Hyun, Byung-Hwan
    • Journal of Technology Innovation
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    • v.21 no.1
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    • pp.141-163
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    • 2013
  • As the importance of biotechnology has been increased as a growth engine for country, most countries get focused on securing technological competitiveness in the field of biotechnology. Under the fierce global competition, it is very important to identify technological competitiveness of Korea and our neighboring countries in order to carry out effective research and development. Expert opinion survey such as Delphi is mainly conducted to analyze the technological competitiveness, but the method based on experts' intuition may produce different results depending on survey respondents due to the strong subjective inclination. In this study, the patent registered in US was utilized to analyze the technological competitiveness based on objective data. Targeting countries were Korea, China and Japan which were leading nations in the Northeast Asia. As analytical indexes, NP(Number of Patents), CPP(Cites per Patent), PII(Patent Impact Index), TS(Technology Strength), TI(Technology Independence), PFS(Patent Family Size) were used for analysis. Moreover, the industrial linkage with biotechnology was analyzed by matching IPC code of patents with 44 industries. Based on this analysis, technological convergence and utilization were quantified. The findings can be utilized as basic data when policy is established to improve technological competitiveness in the field of biotechnology.

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