• Title/Summary/Keyword: Declining Industry

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Empirical Analysis on the Determinants for the Service Export Performance in the Medical and Healthcare Service Industry (의료 및 보건 서비스산업에 있어서 서비스수출 변동요인에 관한 실증분석)

  • Jung, Yong-Sik;Park, Se-hoon;Kang, Joo-Hoon
    • Journal of Korea Society of Industrial Information Systems
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    • v.21 no.5
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    • pp.31-40
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    • 2016
  • This paper is to set up the autoregressive distributed lag model in order to estimate factor elasticities of the service export in the medical and healthcare service industry and to analyze the determinants for its export performance during 1975-2015. The empirical results suggest that industrial markup, exchange rate, and interest rate have had more decisive effects on the industrial export performance in the medical and healthcare service industry, in particular, during the declining period in factor prices since the foreign currency crisis beginning in late 1997.

Case Study on the Growth Factors of Young Technology Startups in the Cosmetics Industry: Focusing on the Six-month Challenge Platform project of Chungbuk Creation Economic Innovation Center (화장품산업 초기 기술창업기업의 성장요인에 관한 사례연구: 충북창조경제혁신센터 6개월챌린지플랫폼사업의 지원기업 중심으로)

  • Jeong, Do Youn;Om, Kiyong
    • Knowledge Management Research
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    • v.20 no.2
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    • pp.197-216
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    • 2019
  • The Korean government has been focusing on supporting technology startups to solve social and economic problems such as low growth, declining economic growth rate, rising youth unemployment rate and lack of new growth engine. Although the failure rate of young technology startups is very high, relevant researches are still scant. On the basis of previous researches, this study has identified four growth factors of technology startups: characteristics of entrepreneurs, technical superiority and originality of business items, focused marketing strategy, and follow-up government support projects. Five young technology startup cases were selected and analyzed in the cosmetics industry which were supported by the Six-month Challenge Platform project of Chungbuk Creation Economic Innovation Center. The main findings of the case study were as follows: First, product development through inhouse R&D rather than external contracted R&D was beneficial to acquiring follow-up government support projects and external investment. Second, choosing a small niche market and concentrating marketing efforts on the target market had a positive effect on firm performance. And, third, relevance of entrepreneurs' college major and technological originality of business items were confirmed to influence firm performance positively in the early stage. The results are expected to help young technology startups survive successfully and establish a foothold for growth in their early stage.

An Analysis of Economic Effects of Korean Fisheries using Input, Output Analysis (산업연관분석을 이용한 수산업의 경제적 파급효과 추이 분석)

  • Park, Kyoung-Il;Park, Joon-Soon;Seo, Ju-Nam
    • The Journal of Fisheries Business Administration
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    • v.43 no.3
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    • pp.75-87
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    • 2012
  • Today, the Korean fisheries is undergoing significant hardships, both domestically and internationally. While declining amount of catch, ascending international oil prices and others pose a compelling challenge to the fishing sector, the ever strengthening influence of international institutions related to fisheries and international trade organizations also compel to bring about myriad of changes in the realm of fishery products. Against the backdrop, this study attempted to examine the fisheries catch, aquaculture, service, processing fields in terms of its rippling effect and of how the industry has been changed by analyzing the past and present through an input-output analysis. As for research methods, 168 items of the input-output tables in 2000, 2005, 2009, and 2010 were integrated to form and classify 32 sectors (28 basic sectors + catch, aquaculture, fishery service, processed fishery products) so as to generate production inducement coefficient, sensitivity coefficient, and impact coefficient. The analysis results revealed that : though the linkage effect of fishery industry was not very sizable, the impact coefficient of the processed fishery products was high; the consumption and investment coefficient sector among production inducement coefficient was on an upturn trend ; the export coefficient was tended to decline. In the future research, it is necessary to carry out a study based on the integration of detailed classification (404 sector) and a study and analysis of fishery industry by different regions through the inter-regional input-output tables. The fishery industry is one of the crucial industries in Korea. The fishery industry is not only important in its own right but also significant as it exerts influence over other industries. Therefore, it is required that there should be more investment and supports for the development of the fishery industry, and pay efforts to ensure that the investment and development could lead to mutual growth for both the fishery and other various industries.

A Study on the Theoretical Framework Development for the Institutional Implementation of the Environmentally Sound Fisheries under the Grobal Environmental Regime (지구환경질서에 따른 환경친화적 수산업 실현을 위한 제도적 이론체계에 관한 연구)

  • 이상고
    • The Journal of Fisheries Business Administration
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    • v.30 no.2
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    • pp.55-77
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    • 1999
  • As the population grows, the importance of the fishery industry continues to rise. It is therefore vital to support and promote sustainable fishery industry. However, the fishery production has been declining, mainly due to overdevelopment and depletion in fishery resources and stricter limits on development limits caused by growing concerns over the marine environment and ecology. Recently, international activities related to marine environmental and its ecosystems conservation, have been vigorously pursued. The United Nations Convention on The Law of The Sea has stipulated the protection and conservation of the marine environment, and the implementation of fishery resources development, made in harmony with the environment and fishery resources and based upon scientific findings and principles has become important. Accordingly, fishery industry must pay thorough attention to marine ecological and environmental problems and its international fisheries regime. Fisheries development can affect fishery resources, their environment and ecosystems. Adverse ecological effects resulting from fishery resources development practices in general include overdevelopment and incidental development of non target species, physical degradation of seabed habitants and degraduation of water quality. It has now become more important than ever to build up fishery resources development while achieving the conservation of biodiversity and the marine environment, as well as the restoration of destroyed ecosystems. To maintain fishery industry, it is necessary to develop bioeconomic fishery production system and industry policies for the ESSD(environmentally sound and sustainable development) given that maintenance of a favourable marine environment will ensure the fishery resources productivity. These bioeconomic system and policies are necessary to ensure the sustainability and viability of the fishery industry under ESSD fisheries concepts.

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The Locational Conditions and Declining Function of Iksan Free Trade Zone (익산자유무역지대의 기능약화와 입지여건의 문제점)

  • 문남철
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.2
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    • pp.249-275
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    • 2002
  • Iksan Export Free Zone which was established for the export promotion, the employment augmentation, the technological improvement and the regional development promotion through the attraction of foreign direct investment is declining function with diminution of foreign direct investment, exportation and employment since the middle of the 1980s. The decline factor of the function was inherent in disregard of the necessary locational factors for Export Free zone's function promotion and without respect to conditions in a choice of location. And the present labor intensive industrial structure of region has some difficulties with a modification of Export Free Zone's industrial structure to a technology intensive industry. According to the lack of coherent policy, a limited plottage and a lack of the extensible space decrease the effect of agglomeration and economic of scale. And the lack of governmental policy to create a dynamic advantage comparative with an amelioration of the locational conditions of region diminish the regional attractive force to foreign direct investment.

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Estimation of Forest Biomass Arising from Forest Management Operation II - Estimation based on the projection of forest areas - (숲가꾸기 사업에서의 산림 바이오매스 발생량 추정(제2보) - 산림면적 전망에 의한 추정 -)

  • Ahn, Byeong-Il;Lee, Kyun-Shik;Kim, Chul-Hwan;Lee, Ji-Young
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.41 no.4
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    • pp.25-32
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    • 2009
  • Forest biomass can be used as various types of raw materials such as pulp, wood pellets, solid charcoals and so on. This paper estimates the nation wide amount of forest biomass based on the projection of forest areas for its effective and economic use. Several trend equations are used in projecting the forest areas. In 2009, the forest biomass arising from thinning is estimated be 6,591,575 $m^3$. The estimates of forest biomass in 2015 and 2018 are 6,375,627 $m^3$ and 6,284,779 $m^3$, respectively. Since the forest areas are projected to be declining, the biomass generated by thinning will decrease. This implies that the new alternatives for supplying raw materials for biofuels must be prepared before then.

An Efficiency Analysis of Takaful Insurance Industry: A Comparative Study

  • COSKUN, Ali;HABIBNIYA, Houshang;KECELI, Yavuz
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.111-120
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    • 2021
  • Takaful, which is an Islamic insurance instrument, manages risks in business, according to Shariah (Islamic law) principles and offers risk protection and savings assets. The study analyzes the comparative efficiency of takaful insurance companies by implementing empirical research. The study also provides a comprehensive literature review on the efficiency analysis of the takaful industry. The empirical part presents a wide range of efficiency comparisons of 41 takaful insurance companies in 16 countries between 2009 and 2014. The data enveloping analysis technique is utilized using the rDEA package in the R environment to compute the efficiency score. In the study, the technical efficiency, overall technical efficiency, and pure technical efficiency are calculated and compared per year and per country. The findings of the study suggest that the overall average efficiency scores of takaful companies are considerably high. The study results also indicate that the excess in the consumption of inputs decreases while the deficit in achieved outputs has been declining in the covered period. The study suggests the managers of the takaful companies can use the target efficiency scores, which are calculated by using the DEA analysis, as an ideal reference benchmark for planning their inputs and outputs.

A Study on Policy Alternatives to the Development of Urban Regeneration Project Using AHP Analysis (AHP분석을 이용한 도시재생사업의 발전에 대한 정책적 대안에 관한 연구)

  • Chung, Sam-Seok
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.6_3
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    • pp.1303-1313
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    • 2022
  • Modern cities need to revitalize the downtown area, which is declining due to population decline, economic recession, and deterioration of the residential environment, economically, socially, and physically by introducing and creating new functions. In addition, the hollowing out of the existing city center is getting worse due to the development of the outskirts of the city. Therefore, the discussion for the development of urban regeneration is the core task of modern cities. This study analyzed based on a basic understanding of urban regeneration projects, and through this, the problems of domestic urban regeneration projects were derived. In addition, the problem factors and major improvement plans of the urban regeneration project were analyzed from the expert's point of view using the AHP analysis technique. Based on this, the purpose is to present policy alternatives for the future development of urban regeneration projects. The problems derived to present the policy alternatives and improvement directions of the urban regeneration project were classified into problems related to goal achievement, problems related to the business itself, and problems related to project results. It was subdivided into sub-categories. This study analyzed the problem factors and major improvements from the expert's point of view by using the AHP analysis technique for the problems of the urban regeneration project. Based on the AHP analysis results and experts' opinions, five policy alternatives for the development of urban regeneration projects were presented.

A Study on The Utility Estimation about Employment of The Disabled (AHP를 이용한 장애인고용의 효용성평가 연구)

  • Na, Hea-Sook
    • Journal of the Korea Safety Management & Science
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    • v.10 no.2
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    • pp.225-235
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    • 2008
  • It is expected that the change of industrial structure of Knowledge based economy, and service based economy would affect on economic life of physically-challenged person with no exceptions. There have been some former studies which have been misunderstood the employment of disabled due to the declining employment of the disabled and prejudice to the disabled based on biased perspective and public opinion. This study have analyzed the employment conditions of the ordinary workers and disabled workers out of those prejudices and biased opinions. Wage, economic activity ratio, age, educational background and industry those 5 parameters are brought for analyzing the two comparison group. Each parameter have compared based on the statistical data of ordinary workers and disabled workers for past 7 years. Weight between each parameter have been drawn by collecting the experts' opinion using AHP(Analytic Hierarchy Process), and utility of employment of two comparison groups have been estimated through progress inclination of each parameter. Through the estimated outcome, present condition and controversial issues and way of improvement of domestic employment of ordinary workers and the disabled is mentioned.

The control characteristic evaluation of Desktop machine tool (Desktop 가공기의 제어특성 평가)

  • 박종영;이득우;김정석;정우섭
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2003.06a
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    • pp.137-140
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    • 2003
  • Recently, as the demand of small-sized precision parts is rising in precision industry such as mobile, automobile, optic. etc. the requirement of small-sized machine tool is increasing. Desktop machine tool define small-sized machine tool that is able to install in table. According to diminishing in size, Desktop machine tool is able to economize production cost by reducing work area and consuming electric power. But Desktop machine tool generates vibration in acceleration and deceleration modes by inertia force of moving part. Also vibration is generated when it move simultaneously two axis or three axis. Such generating vibration situation is reason of declining stiffness of machine tool structure because of smallizing in size. And this vibration has a large effect on precision of machining products. Therefore, evaluating of the control characteristic is necessary for minimizing vibration of machine tool as much as possible to accomplish precision machining of small-sized parts

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