• Title/Summary/Keyword: Digital economy

Search Result 669, Processing Time 0.029 seconds

Technological Contribution, Capital Structure, and Firm Performance: An Empirical Study in Vietnam

  • LUONG, Thu Thuy
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.9 no.9
    • /
    • pp.309-316
    • /
    • 2022
  • In 2011, the 4th industrial revolution officially occurred and developed in most countries. The fourth industrial revolution has given organizations numerous business opportunities, enabling them to optimize their manufacturing processes, cut costs, and thereby improve their operations. The development of enterprises is a decisive factor in increasing national productivity, thereby improving economic growth and per capita income. Therefore, it is necessary to grasp the digital transformation plan and apply science and technology to domestic enterprises and improve the operational efficiency of the economy. Research on small and medium enterprises in Hanoi, Vietnam, which is considered a successful country in economic development and digital transformation and has become a middle-income economy and a highly open economy, the research results suggest that the ability to apply technology in businesses is capable of improving corporate financial performance. The choice of capital structure favoring debt has a negative effect on the financial performance of the enterprise; that is, enterprises in Vietnam should limit the choice of financing investment projects with debt, on the contrary, enterprises should choose to finance with equity. Finally, the study also discusses managerial implications for improving business performance in the context of the rapidly evolving 4.0 technology revolution.

An Empirical Study on Export Risks Identification of Exporting Firms of Digital Goods (디지털재화수출기업의 수출위험인식에 관한 실증연구)

  • Kang, Hyun-Jae;Bae, Jung-Han
    • International Commerce and Information Review
    • /
    • v.9 no.3
    • /
    • pp.107-129
    • /
    • 2007
  • In 1990s, both development of internet and digital economy would make new products such as digital goods. Recently, digital goods composed of softwares, digital contents, and digital services have grown up rapidly in the world market. Characteristics of goods and transaction forms in the international trade of digital goods is different from those of traditional goods. Thus, this difference would appear a new risk that did not exist in the international trade of traditional goods. Identification and confirmation about unique export risks of digital goods would be necessary to the increase of export of digital goods needs; however, in spite of the importance, very few studies have been based on the export risks of digital goods particularly in research on the relationships between export risk management and export performance. This study classifies the types of export risks based on the previous studies, and examines the relationship between both management and identification of export risks.

  • PDF

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
    • /
    • v.37 no.6
    • /
    • pp.11-22
    • /
    • 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.

Simulation of Digital Divide in Internet New Economy (인터넷 신경제의 디지털디바이드 시뮬레이션)

  • 박성주
    • Proceedings of the Korea Society for Simulation Conference
    • /
    • 2001.05a
    • /
    • pp.54-54
    • /
    • 2001
  • 인터넷으로 비롯된 신경제의 큰 특징중의 하나는 계층간의 격차 (Digital Divide)이다. 이러한 계층간의 격차는 인터넷의 특성인 Winner-takes-all 현상에 의해 일어나며 이는 확률적으로 Nonlinear Polya Game을 따르는 것으로 알려져 있다. 본 논문에서는 다양한 가정하에서 Nonlinear Polya Game의 행태를 분석해 보고 Digital Divide를 최소화시키거나 제거할 수 있는 방안을 모색해 보고자 한다. 또한 이러한 분석의 경제적이고 정책적인 의미를 제시해 보고자 한다.

  • PDF

A Performance Measuring Framework for Electronic Commerce Businesses

  • Oh Chi Jae
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2002.05a
    • /
    • pp.355-362
    • /
    • 2002
  • As electronic commerce under the digital economy environment evolves rapidly affecting the structure of our economy and individual life styles, the need for metrics system to evaluate the performance of electronic commerce activities remarkably increases. Reviewing the characteristics of electronic commerce and some issues related to its measurement, this paper proposes a framework to measure the performance of electronic commerce business activities. the proposed framework customizes the balanced scorecard method for electronic commerce practices and can be applied effectively to electronic commerce businesses as an appropriate measure.

  • PDF

A Study on the Perception of Digital Industry between Citizen and Industry Workers: An Application of the Co-orientation Model (디지털산업에 대한 시민과 산업종사자 간의 인식 차이 연구: 상호지향성 모델을 중심으로)

  • Jae In Noh;Seunghye Han
    • Journal of Information Technology Services
    • /
    • v.22 no.4
    • /
    • pp.159-169
    • /
    • 2023
  • The digital industry area based on digital technology is specialized and rapidly changing. This kind of change lead to a gap of understanding arises between the digital industry and the public. The digital industry is a trend that cannot be reversed, thus efforts to reduce the gap in understanding are necessary for positive social development in the future. This study aimed to find clues to reduce the gap in understanding by measuring the difference in perception between the public and the digital industry. To measure the difference in perception, this study applied the mutual orientation model proposed by McLeod and Chaffee(1973), As a result of the study, both groups agreed that the digital industry would make a positive contribution to the Korean economy in the future. However, it was confirmed that there was a possibility of mutual misunderstanding due to different views on the digital industry.

A Study on Business Processes and Corresponding Classifications of Digital Contents Industries (디지털 컨텐츠 산업의 업무프로세스 및 분류체계에 관한 연구)

  • 임춘성;최봉균;윤용기
    • The Journal of Society for e-Business Studies
    • /
    • v.7 no.3
    • /
    • pp.105-120
    • /
    • 2002
  • The importance of contents industry is growing up in various industries because of internet and digital economy. Recently, contents industry is challenging to new businesses such as total service industry with digital contents. It is important to classify digital contents to use it in contents industries and information and telecommunication service industries. Previous contents classification frameworks is based on contents quality, business model and application methods. They didn't consider business processes, interfaces of business unit and interactions in contents industries. In this paper, we present core business processes in digital contents industries, a corresponding digital contents classification, and analysis method of digital contents industry.

  • PDF

The Analysis of Industrial Difference in Skill Requirement for IT Personnel (정보기술 인력의 정보기술 스킬 요건 분석연구)

  • Oh, Seunng Hee;Park, Sang Hyeok;Cho, Nam Jae
    • Journal of Korea Society of Digital Industry and Information Management
    • /
    • v.9 no.3
    • /
    • pp.187-194
    • /
    • 2013
  • Being in era of the digital economy, the impact of IT on our economy more and more increased. Along with this effect, IT becomes origin of predominance of competition in every category of industry. Regarding new trends in industry, companies have to mutate their IT skill set. Every industry has their color and environment of IT and uncertainty is different. For a company, it is most important to plan own strategy with strategy view on industrial environment. The idea of this study is to find the difference of Skill Requirement in every category of industry by find what are the most important jobs and skills of IT in every industry. We set skills by categorized curriculum of specialized IT education center, then with IT specialist, checked and retouched the results and surveyed with IT people in every industry on skill set and job of IT. The result of this study can gives the idea to who design curriculum and build educational contents that would fulfill the need of field. Also, this study would be meaningful that it opens the field of study of skill requirement in Korea.