• Title/Summary/Keyword: Developing Country

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Strategic Foreign Direct Investment in Developing Countries under Demand Uncertainty: Commitment vs. Flexibility

  • Hyun, Hea-Jung
    • East Asian Economic Review
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    • v.16 no.1
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    • pp.25-66
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    • 2012
  • The paper analyzes the effect of expected future demand on the investment decisions of multinational enterprises. In particular, I explore the issue of the timing of switching between exporting and FDI in the host developing country and explicitly incorporate the firm's attitude toward risk in the model. The model demonstrates that the optimal time for switching to FDI depends on the expected future demand and the degree of its uncertainty.

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An Empirical Analysis on MNC's Investment Performances in a Host Country through Market Orientation Mediation Effects (현지시장지향성의 매개변수 효과를 통한 다국적기업의 해외시장 투자성과에 대한 실증연구)

  • Lim, Sung-Hoon
    • Korea Trade Review
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    • v.44 no.2
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    • pp.221-237
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    • 2019
  • Multinational corporations (MNCs) usually face indigenous business environments in host countries which are different from a home country's. In this circumstance, MNCs would accomplish low-investing performance if they pursuit the same as the home oriented business strategy in the host country. The more different kinds of specialized environments a host countries have, the more pressure of modifying the international strategy needed for MNCs. This paper examines that how a different market environment between a home country and a host country, through MNC's local responsive managements, can influence investing performance in a host country. This paper conducts structural equation analyses with collected empirical data focusing upon a MNC's market orientation efforts and the realization of management localization (i.e., increasing local sourcing intensity or local sales intensity) as mediators between the specialized environment in a host country and the MNC's investing performance. This paper has several contributions in developing the prior approaches: first, the market orientation variables are regarded not as normal independent factors but mediators; second, two step mediation model is examined to make link between host market's heterogeneity and MNC's performance.

A Study on the Relationship between Foreign Direct Investment and the Absorptive Capacity of a Host Country Using Panel Threshold Regression (패널문턱회귀를 활용한 외국인 직접투자와 현지국 흡수능력의 관계 연구)

  • Cao, Thu Trang;Ji-Young Hwang;Yun-Seop Hwang;Cheon Yu
    • Korea Trade Review
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    • v.47 no.4
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    • pp.89-102
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    • 2022
  • This study is designed to investigate the effect of inflow FDI on the host country's economic growth and the role of absorptive capacity in this relationship. Eight developing countries in East Asia, including Mongolia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, Vietnam, and Cambodia, are analyzed. Year data from 2000 to 2018 are used. Based on the study of Hansen (1999), the panel threshold effect model is used, and human capital, R&D, and infrastructure are set as absorptive capacity by referring to Wang and Hwang (2013). The analysis results are as follows. It is confirmed that FDI has a positive effect on the economic growth of the host country, and absorption capacity strengthens the relationship between FDI and economic growth in a positive direction. At this time, it appears that a threshold exists for the moderating effect of the absorptive capacity. It presents useful implications for economic growth in developing countries.

Technological Catching-up of Nuclear Power Plant in Korea: The Case of OPR1000

  • Lee, Tae Joon;Lee, Young-Joon
    • Asian Journal of Innovation and Policy
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    • v.5 no.1
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    • pp.92-115
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    • 2016
  • This paper presents how Korea succeeded in developing an indigenous nuclear power plant model over fifty years. Long-lasting national R&D for technical progress and the Korean government for managerial process were the two pillars in the build-up of indigenous Nuclear Power Plant (NPP) technological capabilities. The concept of technological capabilities is used to examine its evolutionary process with a qualitative and longitudinal approach. The government had a developing country ambition to formulate a strategic plan for technical self-reliance on nuclear power plant while establishing the country’s institutions and organization structure for the plan. Under the government leadership, it was national R&D that led to the resolution of a good number of technological problems, efficiently, by absorbing imported technologies and effectively adapting them to local circumstances.

Locational Determinants of FDI in Developing Countries (개발도상국 해외직접투자 유치 입지결정요인)

  • Yu, Seung Hun
    • Management & Information Systems Review
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    • v.32 no.5
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    • pp.1-18
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    • 2013
  • This study examined location determinants of FDI inflows in developing countries. I proposed and test modified gravitiy model empirically that include host country locational determinants, gravity link variable and home country control variable. The main findings are: countries with a larger market size, faster economic growth, higher per capita income, higher quality of human capital, higher level of foreign stock and more liberalized economic regime attracted relatively more FDI inflows.

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Strategies for Technology Development in Developing Countries: Focusing on Korea

  • Yun, Yeo Gyeong;Shin, Geon-Cheol
    • Asia Pacific Journal of Business Review
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    • v.3 no.1
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    • pp.1-17
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    • 2018
  • South Korea has had a rich history of independent thinking and self-reliance since the Korean Conflict. The war left the country the need for infrastructures in a variety of fields. Instead of relying on aid from foreign nations, however, key figures within South Korea's borders fathered the nation's first government-funded scientific and engineering institute, the Korea Institute of Science & Technology (KIST). Even though KIST encountered numerous obstacles, its commitment to research and development (R&D) would ultimately allow it play a crucial role in the rebuilding of the country. As a result of the institute's success, South Korea was able to move forward economically to become a beacon of hope for developing nations around the world.

Future Smart Communication Networks: A Survey of Security issues in Developing a Smart City

  • AlEisa, Hussah N.
    • International Journal of Computer Science & Network Security
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    • v.22 no.2
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    • pp.139-144
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    • 2022
  • The smart cities are evolving constantly and are responsible for the current transformation of cities and countries into a completely connected network of information and technology This interconnected network of a huge number of smart devices is capable of exchanging complex information and provides tremendous support including enhanced quality of life within urban locations. Unfortunately this set-up is vulnerable to security attacks and requires the widespread ubiquitous network to authorize access through privacy and thus offer security in order to ensure civilian participation in a country. The smart network should benefit the individuals of the country by developing potential strategies to protect the smart cities and their participating entities from the unauthorized attacks. Trustworthy data sharing strategies based on the utilization of advanced technology features via smart communication network could solve some issues of privacy and security. This paper presents the challenges and issues related to protection and highlights the important aspects of securing the smart cities and its components. It also presents the role of cloud security for building a secure smart city.

Book Review: Innovation and Public Policy in India

  • Sharma, Gautam
    • Asian Journal of Innovation and Policy
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    • v.10 no.3
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    • pp.404-408
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    • 2021
  • The role of innovation in economic growth and development is extensively recognized today. Innovations allow firms to stay ahead in a competitive environment while also playing a leading role in developing a nation or a region. The capacity to solve critical problems depends on the generation of innovations. Innovations are more important for a developing nation as only through them, they can find appropriate solutions to the issues unique to their context. A robust roadmap that fosters and nurtures innovations in a country has thus become an essential aspect of public policy. In this context, the book The Black Box: Innovation and Public Policy in India by Prof. Rakesh Basant provides an overview of the innovation landscape in India and the challenges it faces in building a robust entrepreneurial and innovation ecosystem in the country. The author provides an extensive analysis of different actors within India's innovation system and recommends policy initiatives to boost and foster innovation.

OPPORTUNITIES FOR IT IN CONSTRUCTION INDUSTRY OF IRAN

  • A. Hemmati;Kheyroddin
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.424-432
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    • 2007
  • The last twenty-five years have seen dramatic improvements in and widespread use of IT to describe and document the work of the many disciplines involved in construction projects. Iran is a developing country and construction is a basic factor of developing too. Hence, the country needs to a special programming for construction of buildings, structures and infrastructures. Many parts of Iran are located in highly seismic zones and structures must be constructed safe e.g., according to recent seismic codes. In this paper opportunities of IT in construction industry of Iran are investigated in three categories. Pre-construction phase, construction phase and earthquake disaster mitigation are studied. Studies show that information technology can be used in these items for reducing the losses and increasing the benefits. Both government and private sectors must contribute to this strategic project for obtaining the best result.

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A Case Study on The Drone Battle between Azerbaijan and Armenia

  • Sang-Hyuk Park;Seung-Pil Namgung;Sung-Kwon Kim
    • International Journal of Advanced Culture Technology
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    • v.11 no.3
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    • pp.94-98
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    • 2023
  • This study analyzes the combat case involving military drones during the Azerbaijan-Armenian War, which erupted on September 27, 2020. The background of the war revealed that Azerbaijan extensively and aggressively employed offensive drones, which played a decisive role in reshaping the dynamics of the battlefield. Despite Azerbaijan's GDP of $4.639, which corresponds to the level of a developing country, and its 64th rank in global military strength, the country boldly allocated a significant portion of its budget to develop its drone capabilities in preparation for the war. As a result, Azerbaijan effectively utilized offensive drones acquired from Turkey and Israel to neutralize hundreds of tanks, armored vehicles, artillery units, and air defense systems. The purpose of this study is to examine this context and explore how our Korean military organization can enhance its combat capabilities by developing a drone combat system, thereby enabling an effective response posture against multifaceted threats.