• Title/Summary/Keyword: Digital Competitiveness

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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.

IT Industry Competitiveness and e-Readiness Level of Korean Economy (한국의 IT 산업 경쟁력과 IT 활용 수준 분석)

  • Park, Kyung-Hye
    • Journal of Digital Convergence
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    • v.7 no.2
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    • pp.35-41
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    • 2009
  • The information technology, in the digital economy era, does a very important role not only for the country's administrative management innovation but also for the business and for the everyday life. Specifically, the e-business for the company or organization is defined as "using the Internet and IT, rescheduling of business process management activities to increase productivity and efficiency and to create new business opportunities." Thanks to the Korea's recent efforts, overall level of informatization and digitalization is able to receive high praise. But the e-business readiness (e-readiness) level is still expected a lot of room for improvement. In this paper, I try to analyze the informatization level of Korea's by the EIU's e-business readiness index and IT industry competitiveness index, to prepare a full-scale e-business era of global competitiveness through any preparation that could do to improve the situation from the analysis of statistical data.

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A Study on the Establishment of New Town Competitiveness Model (신도시의 경쟁력 모형 설정에 관한 연구)

  • Kim, Dong-Yoon
    • Journal of The Korean Digital Architecture Interior Association
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    • v.12 no.2
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    • pp.39-51
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    • 2012
  • This study aims at understanding both the mechanism of new town's competitiveness and its normative pursuit. For the purpose the study steps as follows; (1) Defining operationally cities' competitive power by means of analytic interpretation of substantial nature involved in the preceding studies, (2) Finding some lessons for the desirable development suggested from the history of new town construction in England, France and Japan, where the spatial needs for solving urban problems were exploded after the Second World War, (3) Focusing to agendas regarding development, for example, sustainable development, (4) Recognizing differences between competitiveness of cities and that of new towns and finally (5) Building the model of new town competitiveness, which explains what makes the competitiveness and what kind of effort are necessary for acquiring the advantage. As the result of the process this study concludes that the competitiveness is caused by, or composed of 4 factors. They are Self-sufficiency, Identity, Innovativeness and Sustainability. This frame can be named SIIS-model of new town competitiveness. But there should be contingent and elastic approach in adaptation of these factors to a specific new town, considering its own goal, scale and other situation. The model established in this study is expected to be a analytical frame for the follow-up studies on finding problems and seeking directions of new town development in our country.

Digitization of the Financial System in the World Economy

  • Sydorovych, Olena;Perchuk, Oksana;Fedyk, Mariana;Klymenko, Svitlana;Matviy, Igor;Chupryna, Liudmyla;Yaremko, Igor
    • International Journal of Computer Science & Network Security
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    • v.21 no.12spc
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    • pp.611-619
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    • 2021
  • This article is devoted to the study of digital finance development in the global economy. The study aims to show the digital finance development level in different states and its impact on their economic development. In the course of the study, three hypotheses are put forward: 1) increased spending on innovation contributes to the competitiveness of financial services; 2) digital technology makes the financial systems of states more developed; 3) the development of digital finance contributes to the competitiveness at the level of states. Correlation and regression analysis are applied for building the empirical study. The results of the study helped to understand the digital finance concept. It also shows the main stages of digital finance development, the digitalization rank of the countries, the impact of digitalization on the financial and economic sphere. According to the results of empirical analysis, it is confirmed that the countries that invest more in innovative technologies are more developed. Therefore, digitalization has a significant value for the financial system and has a synergistic effect on all areas of the economy.

UK's Digital Policies: Focusing on Strategies of AI and International Provisions (영국의 디지털 정책: AI와 국제규범 전략을 중심으로)

  • J.Y., Lee
    • Electronics and Telecommunications Trends
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    • v.37 no.6
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    • pp.11-22
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    • 2022
  • The UK is a service superpower with solid and well-developed financial and insurance services, including FinTech. Much of the UK's service industry is digital and becoming increasingly so. Primary sources constituting the UK's comparative advantage in services could be factored in business conditions driving innovation in the digital age and world-leading digital competitiveness. Therefore, this study examined the UK's digital policies. This research's focal strands were the UK's digital strategy, national artificial intelligence strategy, and digital trade objectives. As an essential insight for policymakers and other stakeholders, this study proposes that government policies in response to the digital economy are inextricably linked, leading to a critical driver for the UK's digital competitiveness.

Study on the New World Economic Area according to the price environment created by digitalization

  • Dae-Sung SEO
    • The Journal of Economics, Marketing and Management
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    • v.11 no.4
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    • pp.65-76
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    • 2023
  • Purpose: It suggests that in order to compare economic development between large cities, this paper aims to exclude factors such as GDP, trade, manpower, R&D, then present newly an analysis of others (inflation, exports, middle-class, competitiveness, digital). Research design, data, and methodology: In the period of rapid digitalization of the world, we would like to deal with different analysis factors than before. This is because digitalization and prices have the greatest impact on the region in terms of national competitiveness. Random sampling was used as the sample size of this study to generate various values for the annual income of the middle class and the competitiveness index, and the analysis method was used. This is because the income of the middle class can lead the digitalization of the country and accelerate it to standardization. Results: Based on these analysis, it is necessary to reduce the inflation rate of digitalization, it is necessary to lower inflation rates. This can be more fundamental than interest rates. If the demand for digitalization is reduced, national competitiveness, national competitiveness will lower national competitiveness. By building a hub for middle class, you can reduce this inflation rate without China's oversupply. Conclusion: This is because it is difficult to maintain competitiveness through interest rate control, as prices rise, and inflation can become unstable. This study can seek digital acceptance by the middle class as a solution to problems like the regional economic confrontation of new globalization inflation environment.

A Study on the Korea's Digital Policy to Strengthen National Competitiveness (한국의 국가경쟁력 강화를 위한 디지털 정책 방안에 대한 연구)

  • Kyung-Hye PARK
    • Journal of Digital Convergence
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    • v.21 no.3
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    • pp.41-48
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    • 2023
  • As the 4th Industrial Revolution accelerates, the future of the economy faces new uncertainties, particularly around digital transformation. This shift is crucial in today's ICT-centric world. Korea, a significant contributor to global Manufacturing Value Added (MVA), is poised to expand its share. This paper examines Korea's digital transformation and its global economic competitiveness. By referencing world-renowned analyses, it compares Korea's competitive stance. As industries and economies are on the verge of a technological upheaval, understanding and preparing for these changes is vital for maximizing benefits. This paper also delves into the opportunities and policy challenges presented by digitization in the 4th Industrial Revolution era.

An Analysis of Factors to determine the Market Competitiveness of SaaS Enterprises (SaaS 서비스 기업의 시장 경쟁력 결정 요인 분석)

  • Kim, Shin-Pyo;Kwahk, Kee-Young;Lee, Choon-Yeul
    • Journal of Digital Convergence
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    • v.7 no.4
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    • pp.127-140
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    • 2009
  • This dissertation aims to empirically analyze the factors that determine the market competitiveness that would enable SaaS enterprises to survive. The contents of this dissertation includes; (l)analysis of factors that determine market competitiveness of domestic SaaS enterprises, (2)structural analysis of factors that determine the market competitiveness of SaaS enterprises on the their performance. Results of analysis of this dissertation are as follows. First, the factors that determine market competitiveness of SaaS enterprises were found to include (l)enterprise management competence, (2)competence for technological possession, (3)reliability and safety, (4)customer management competence, and (S)competence to cope with external environment of the enterprise. Second, the outcome of structural analysis of factors that determine the market competitiveness of SaaS enterprises on the their performance illustrated that (l)enterprise management competence and (2)competence for technological possession has structural relationship of imparting influence on the (6)enterprise performance by the full medium of (3)reliability and safety, (4)customer management competence, and (5)competence to cope with external environment of enterprise.

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Analyzing Game Streaming Application Reviews Using Text Mining Approach: Research to Strengthen Digital Competitiveness (텍스트마이닝 기법을 활용한 게임 스트리밍 애플리케이션 리뷰 분석: 디지털 경쟁력 강화를 위한 연구)

  • Jin, Wenhui;Lee, Jungwoo
    • Journal of Digital Convergence
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    • v.20 no.4
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    • pp.279-290
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    • 2022
  • As the growth of the live streaming service market is accelerating due to COVID-19, the number of downloads and reviews of live streaming mobile applications is also rapidly skyrocketing. This study is to research game streaming applications using Twitch reviews as database. A total of 8 topics are extracted through LDA topic modeling and 7 out of them are detected to be inconvenience factors. Then, to pinpoint the main inconvenience factors, co-occurrence analysis is used in order to find out main factors. Finally, based on previous studies, several solutions are provided, which can solve the inconvenience factors(advertisement, UI design, technology problems) as well as strengthening digital competitiveness. This study will serve as an opportunity to improve digital competitiveness not only for Twitch but also for other game live streaming service companies in the future.

Competitive Advantage Strategy of Educational Service Quality on Digital Transformation : Focusing on W-Company (디지털전환 기반의 교육서비스품질 경쟁우위전략 : W사를 중심으로)

  • Chin, Hee Soo;Lee, Dong Won;Lee, DonHee
    • Journal of Korean Society for Quality Management
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    • v.50 no.4
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    • pp.843-861
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    • 2022
  • Purpose: This study explores the impact of digital transformation (DT) strategies on gaining a competitive advantage in interactive educational services. Methods: We develop a service value proposition model by analyzing educational service elements to confirm the impact of DT in the classroom through case studies. This study focuses on educational services that DT has a positive impact on organizational competitiveness by providing opportunities for customers to engage in operational processes. This case study summarizes competitiveness using SWOT (strengths, weaknesses, opportunities, and threats) analysis. Results: The findings of the case study indicate that DT-enabled competitive factors contribute to an organization's competitive advantage. The study results present key resource as social cloud services, data combination, content sharing, and products/services. The online application that collects user data about education and shares class and evaluation information creates a new class operational process in the field of educational service for a value proposition of collection-merging-sharing with social cloud function. Conclusion: The results of this study can be used as a good guideline for educational service providers interested in applying DT for improved customer satisfaction and educational organizations' competitiveness. In addition, the study findings provide theoretical and practical implications on SWOT approaches to changing the educational service provision ways through digital transformation.