• Title/Summary/Keyword: Cooperation Between Business

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Analysis for Impact of Individual Cooperation Activity on Small and Medium sized Firms' Innovation Performance in Daegu : The Moderating Effect of Technological Capability (대구 중소기업의 혁신성과에 미치는 개별 협력 활동의 영향 분석: 기술역량의 조절효과)

  • Kang, Seok-Min
    • The Journal of the Korea Contents Association
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    • v.21 no.4
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    • pp.404-413
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    • 2021
  • Small and medium sized firms(SMFs) would form the technology cooperation network with external firms and institutions of owning a variety of technology and knowledge, and according to resource based theory, forming cooperation network is another resource in uncertain business environment. Unlike the related studies, this study examined the effect of individual cooperation activity on innovation performance for SMFs located in Taegu region, and investigated the moderating effect of technology capability in the relationships between individual cooperation activity and innovation performance. In the empirical results, only cooperation research development positively affected innovation performance, and technology capability moderated the relationships between individual cooperation activity and innovation performance. The empirical findings imply that SMFs should do cooperation research development as an intangible asset to overcome the obstacle of development resulted from limited resources, and that SMFs should increase the impact of individual cooperation activity as promoting technology capability.

Correlation between the Profitability and Working Capital Practices: A Case Study in the Gulf Cooperation Council

  • KHAN, Mohammed Abdul Imran;ALAM, Md. Shabbir;SYED, Ahsan Jamil
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.229-235
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    • 2021
  • The ability of entrepreneurs to arrange working capital is the key to maximizing the profitability of small- and medium-sized enterprises and the wealth of entrepreneurs. The study investigates the correlation between entrepreneurs' working capital management and the profitability of SMEs listed on six Gulf Cooperation Council (GCC) stock exchanges between 2019 and 2020. The secondary data is collected from the financial statements of SMEs listed on the six GCC stock exchanges. Actual sample for the research study was a total of 136 small- and medium-sized enterprises selected using purposive sampling methods. Four research models were considered in this analysis, all ending up affecting gross profits. The selected entrepreneurial SMEs were listed on six different Gulf Cooperation Council stock exchanges during 2019-2020. The fixed financial assets ratio, financial debt ratio, and company size are used as control variables and data were analyzed using multiple regression. The research results demonstrate that there is a statistically significant negative correlation between profitability measured by gross profit and cash cycle and the components of the cash cycle (including days of accounts receivable and days of inventory). The study further reveals that there is no significant correlation between gross profit and days of accounts payable.

The Effect of Strategic Fit and Cooperative Relationships on the Small Suppliers' Performance (전략적 적합성 및 협력관계가 협력기업의 성과에 미치는 영향: 삼성전자 협력사를 대상으로)

  • Lee, Jangwoo;Kim, Minjae
    • The Journal of Small Business Innovation
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    • v.19 no.3
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    • pp.57-74
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    • 2016
  • This paper analyzes the role of strategic fit, cooperation, and performance in small-sized subpart suppliers' interactions with large businesses. For this purpose, this paper analyzes survey data from 90 first-tier suppliers of Samsung Electronics and evaluates how strategic fit and cooperative relationships affect their performance. Empirical analysis suggests that strategic fit positively affects small companies' business and innovation performance. This finding aligns with theories arguing for strategies that accommodate specific business environments. In addition, strategic fit is crucial for innovativeness of SMEs (Small and Medium-sized Enterprises). With regard to forming relationships with large companies, findings also show that high quality technological and personnel cooperation boosts subpart suppliers' productivity and efficiency as notably reflected in SMEs' business performance. Moreover, such cooperation between small and large companies reinforces the benefits associated with strategic fit and innovation. This means that if the business environment of small-sized subpart suppliers is uncertain, harnessing differentiated strategies and pursuing collaborations with prime companies will produce innovative outcomes (e.g., increased patent publications). On the other hand, when degree of uncertainty is small, pursuing cost leadership strategies and collaborating with prime companies in areas, such as technology and personnel, will help small-sized subpart suppliers produce innovative outcomes. Based on these findings, this paper argues that choosing the right competitive strategy for a specific business context is intrinsically tied to (1) augmenting technological and human collaborations with prime companies, (2) improving the quality of these interactions, and (3) generating competitiveness among small subpart suppliers. Both competition and cooperation are necessary for strengthening the competitiveness of small companies.

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Analysis of the Relationship between Construction Industry and Cooperation Business (건설 산업을 중심으로 한 협력 산업과의 관계 분석)

  • Moon, Sung-Kon;Lee, Joo-Sung;Yoo, Seung-Kyu;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.05b
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    • pp.149-153
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    • 2009
  • Today, the form of competition among companies quickly changes in new paradigm. In the past company activity was performed independently, but now dependently. With global age, that change is essential, the introduction of a system that integrates a series of courses is needed for the success of members. Nevertheless, those change are very slow in construction industry, that causes a lot of loss in project process. Construction industry produce structures with collaboration of other industries. There are difficulties that only one company make it, alone. In this trend, cooperation is essential. but the process of original brings a lot of loss From this perspective, this study will prove dependencies of construction industry. Draw out each factor from industrial cooperation, those analyze correlation with system dynamics. In conclusion, this study performs a basic research about 'Integrated Management System' of construction project.

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A Study of the policy of international technological cooperation between Japan & the EU - FP & EUREKA (일본과 EU와의 국제기술협력 정책에 관한 연구 -FP과 EUREKA 참여 사례분석을 중심으로)

  • Kim, Jin-Suk
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.5
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    • pp.2332-2338
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    • 2011
  • The economy of the EU left behind the U. S. economy in many different aspects and the gap is widening. One major reason that promoted the EU's leading position is the ability to continuously advancing industrial technology and therefor secures the EU's leading position through a high level of competitiveness. The role as a powerhouse of the technological development is nurtured by a systematic attempt of the EU commission to stimulate international cooperation. Although the EU is focussing its efforts on international cooperation between EU members states, nonmembers, namely Korea, can benefit from this policy as well and generate win-win outcomes for both cooperating partners. The paper aims in the first chapter to introduce international technological cooperations in general. The second chapter identifies the political approach of both countries towards technological cooperations. The third chapter introduces the research method. In the forth chapter is analyzed a case study of two cooperation projects between Japan and the EU. Finally, implications for Korean policy makers are given.

A Research Analysis on the Convergence Type of New Technology (신기술의 융합 유형에 관한 실증 분석)

  • Cha, Won-Yong;Yi, Seon-Gyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.3
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    • pp.682-696
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    • 2007
  • Recently the convergence of Bio technology(BT) and Information technology(IT) based on Nano technology has just emerged into several types of convergence technologies, therefore, this research paper examined and suggested the needs of why BT, IT and NT should be converged into new types technologies through analyzing the existing papers and documents. Among the several types of convergence technologies, this study focused on the types of BIT and BNT only through Delphi research method, and finally laid out the most important 7 specific kinds of technologies of BIT and 10 of BNT, which will give insights of cross-understanding and cross-imagination to institute side, business side, and academic side when they do research and business development of future convergence technologies together as cooperation between.

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Prospects and Management Issues on the Fisheries Resources among Korea-China-Japan (한ㆍ중ㆍ일간 어업자원 관리 문제와 전망)

  • 이광남
    • The Journal of Fisheries Business Administration
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    • v.33 no.1
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    • pp.87-107
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    • 2002
  • The sea of north-east Asia is biologically interrelated and one country's mishap in the management of fisheries could have a critical effect upon the other. Accordingly under the TAC system adopted by all the countries of Korea, Japan and China, the mismanagement o( trans-boundary fish stocks under the provisional fisheries agreement prior to the delimitation of EEZ could lead to the irrevocable depletion of fisheries resources in case of absence of close cooperation among the countries concerned. To tackle the problems above, it is necessary, from a short term perspective, to promote the combined efforts to do researches on fisheries resources, find ways to improve the transparency of fisheries management, adjust the fisheries management regulations of each country, standardize fishing gears and methods, and exchange fisheries-related statistics and data for socio-economic analysis and strengthen joint research activities for the mutual benefits. From a longer term prospective, regional fisheries organization need to be set up to oversee the whole area of north-east Asian sea. The organization as such could play a role in adjusting the conflicting interests of Korea, Japan and China, and efficiently manage the fisheries resources, which is complex and challenging in nature. In addition, unlike China, the historical fisheries relationship between Korea and Japan, spirit of reciprocity and the Article 62 of the United Nations Convention On the Law Of Sea need to be taken into account when seeking for fisheries cooperation between the two countries through the international specialization. In other words, the data obtained through the joint researches on the fisheries resources for the specific ocean along with such factors as capital, labor, fisheries technology and consumption of fish products could be used to assign the specific sector of fisheries to the country who has a comparative advantage, thus achieving the mutually benefiting results Up to the present, concerted efforts by Korea, Japan and China on the fisheries cooperation have been consistently made, but the results have yet to be materialized, It is also beyond doubt that governmental consultations among the countries should be made on a consistent basis, but non-governmental organizations' exchanges and related joint researches will more likely help bring about the desired fruition in a shorter time.

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A Study on XMDR-DSM System Design for Cooperative (협업을 위한 XMDR-DSM 시스템 설계에 관한 연구)

  • Moon, Seok-Jae;Jung, Kye-Dong;Choi, Young-Keun
    • The KIPS Transactions:PartD
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    • v.16D no.5
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    • pp.701-714
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    • 2009
  • In the enterprises the data integration based on service requires integrated data management as the change in the environment of enterprises accelerates. Cooperation among enterprises is accomplished through accessing distributed database using business process. As this approach is performed based on the global query, problems such as data heterogeneity, schema heterogeneity, and verification of validity have to be solved in advance for the interoperability among the heterogeneous system. Thus, cooperation requires dynamic and reliable construction. In this paper, we propose XMDR-DSM (eXtended MetaData Registry-Data Service Mediator) system for cooperation. XMDR-DSM, which is comprised of XMDR-DS, XMDR-DQP, and XMDR-DAI, supports the mapping between global schema and local schema and provides data access and integration service. Therefore, XMDR-DSM enables the mutual support of business operations among heterogeneous database. In addition, it can secure information as reusable asset and the standardization of interchange. Also it can manage unified information since it provides business process based on workflow; therefore, it will be able to increase the life span of information and reduce the cost.

The BOP Business Model of International Development Cooperation in ASEAN Market (국제개발협력을 통한 BOP 비즈니스모델 연구: 아세안시장을 중심으로)

  • Chung, Yongkyun;Ha, Hong-youl
    • International Area Studies Review
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    • v.21 no.1
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    • pp.247-279
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    • 2017
  • Korean firms are faced with the necessity of creating new markets in 21st century. Korean economy has witnessed the accelerated growth rate of trade volume during the period from the latter part of 20th century to the early part of 21st century. In recent times, Korean export volumes have been stagnated. For the second take off, Korea has to create a new ASEAN BOP market. In order to penetrate into the ASEAN BOP Market, it is necessary for exporting firms to have a partnership with ASEAN countries via ODA. In particular, Public-Private Partnership(PPP) might be seen as an effective tool to access the BOP market in ASEAN region. The international development cooperation based on PPP will establish the humanitarian values as well as economic values through the combined effort of government and business enterprises. This study suggests four kinds of business model to have a mutual cooperation between Korean firms and ASEAN markets.

Factors Influencing Horizontal Cooperation Among Logistics Enterprises: An Empirical Study from Vietnam

  • LE, Son Tung;PHAM, Thi Yen;DAO, Van Thi;PHUNG, Manh Trung
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.313-322
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    • 2021
  • Horizontal cooperation is seen as an effective way to raise a competitive advantage in logistics and transportation. However, there are many logistics enterprises still operating individually instead of cooperating. This research aims to investigate the factors influencing the decision of horizontal cooperation by surveying a large sample of Vietnamese logistics companies. This study employs 161 logistics companies to examine correlations between potential factors and horizontal collaboration. The structural equation model (SEM) was used to test the conceptual model and the relationships among variables. The findings revealed that information sharing was the most important predictor of 161 supply chain providers' horizontal collaboration decisions, which resulted in increased profitability or service quality. Besides, trust in partners was found to be positively related to the degree of horizontal cooperation among logistics companies. Finally, the finding of this research is that reputation had a positive effect on the strategy of horizontal cooperation. Our findings suggest that SME managers should be concerened about their information sharing, their reputation as well as their trust in partners if they would be invited in cooperation with another firm to increase service quality, performance, and competitive advantage.