• Title/Summary/Keyword: Distribution Innovation#2

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A Study on the Effect of the Improvement of Investment Environment with Investment Incentive on National Economy

  • Moon, Jae-Young;Lee, Won-Hee;Choi, Pyeong-Rak;Suh, Yung-Ho
    • International Journal of Quality Innovation
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    • v.9 no.2
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    • pp.129-147
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    • 2008
  • This research is to investigate the effect of the improvement of investment environments with investment incentive on Korean national economy by looking into the foreign investment support system in Korea. To this end, first research model was set up based on our literary study and case study was conducted on 150 foreign companies that were located in industrial complex for foreign companies, received the tax benefit and government subsidization. And it was found that even though the foreign companies were contributing to the national economy in general such as in the area of production, export, employment, development of technology, there was no significant contributory difference between the investment incentive beneficiary and non-beneficiary foreign companies. Therefore it deemed reasonable to reconsider the way Korean government supports foreign companies in Korea and to reinforce foreign companies' relevance to national policy agenda with additional incentives to foreign companies located in comparatively less developed areas. As a way to promote foreign investment, promotion of investment infra such as improvement of follow-up services, openness to foreign investment, industrial deregulations in capital area, revitalization of free economic zone, efficient system to promote foreign investment and the reinforcement of public relations were considered necessary, especially the upgrading of economic structure and the integrated management of domestic and foreign investors deemed necessary for the optimal distribution of the industries.

A comparative legal study on the relaxation of restrictions at the acquisition of own stock in enterprise (기업의 자기주식취득제한 완화에 관한 비교법적 연구)

  • Choi, Yong-Choon
    • The Journal of Information Technology
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    • v.8 no.3
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    • pp.57-71
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    • 2005
  • This thesis is to explore the relaxation of restrictions at the acquisition of own stock, and to get the results from this system many countries' legislations were alluded as model cases for Korean system. In comparing with America, Japan, Europe(EC 2nd Commercial Law), and England, the final suggestion for Korean companies law as follows: The solution of problems which is derived from the acquisition at own stock in enterprise is to make the optimum situation for the economic development and stability of stock market. So, to solve these problems needs the relaxation of restrictions for this system and by the relaxation of restrictions can get the distribution of its profit to stockholder, and the compensation for employers and employees. Furthermore, through this system the company can achieve the protection against M&A and the supply of company funds. In conclusion the relaxation of restrictions at the acquisition of own stock is acknowledged the necessity, but the problems that would be followed must be necessarily minimized, and to do so, the legal system has to be molded for this purpose and the its procedure(that is, accounting deal of own stock, the fictitious dividend, and non-appliance of tendency control) has to be prior to the legal system.

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The Effect of Technology Spillover on Business Efficiency: A Case Study in Vietnam

  • PHUNG, Mai Lan;HOANG, Vu Hiep;NGUYEN, Thi Thanh Huyen;PHAM, Thi Thanh Van;TRAN, Viet Tien;HOANG, Van Hoa
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.355-364
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    • 2021
  • The main objective of this study is to examine the interactive effect of technology spillover channels on business efficiency within the case study of manufacturing industry of Vietnam during the period from 2012 to 2018. The research model was developed with business efficiency as dependent variable and the relevant factors affecting the technology spillover capacity as independent variables. With a sample of 2,776 cross-sectional enterprises, panel data analysis approach was adopted to estimate the impact of technology spillover issue. Different spillover channels were also included in the analysis to enhance the empirical result. The study reveals that technology spillovers positively influence manufacturing business efficiency, in which horizontal spillover channel produces negative impact and vertical spillover channel, creates positive impact. Several factors that negatively affect the technology spillover capacity of businesses could be mentioned such as limited skills and experiences of workers, methods of implementing R&D, and the existence of FDI enterprises. Meanwhile, the rise of other factors related to joint-venture activities can help to increase the technology spillover capacity of businesses. In addition, skill and experience transfer makes a partial impact since this variable only positively affect the vertical spillover channel and provide no evidence of impact regarding horizontal spillover channel model.

Two-way fluid-structure interaction simulation for steady-state vibration of a slender rod using URANS and LES turbulence models

  • Nazari, Tooraj;Rabiee, Ataollah;Kazeminejad, Hossein
    • Nuclear Engineering and Technology
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    • v.51 no.2
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    • pp.573-578
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    • 2019
  • Anisotropic distribution of the turbulent kinetic energy and the near-field excitations are the main causes of the steady state Flow-Induced Vibration (FIV) which could lead to fretting wear damage in vertically arranged supported slender rods. In this article, a combined Computational Fluid Dynamics (CFD) and Computational Structural Mechanic (CSM) approach named two-way Fluid-Structure Interaction (FSI) is used to investigate the modal characteristics of a typical rod's vibration. Performance of an Unsteady Reynolds-Average Navier-Stokes (URANS) and Large Eddy Simulation (LES) turbulence models on asymmetric fluctuations of the flow field are investigated. Using the LES turbulence model, any large deformation damps into a weak oscillation which remains in the system. However, it is challenging to use LES in two-way FSI problems from fluid domain discretization point of view which is investigated in this article as the innovation. It is concluded that the near-wall meshes whiten the viscous sub-layer is of great importance to estimate the Root Mean Square (RMS) of FIV amplitude correctly as a significant fretting wear parameter otherwise it merely computes the frequency of FIV.

The Impact of Intellectual Capital Efficiency on Jordanian Companies Performance: The Moderating Roles of CEO Duality

  • ABDELGHAFOUR JOS, Rawan;MAT HUSIN, Norhayati;ISMAIL HYARAT, Hamza
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.10
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    • pp.85-96
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    • 2022
  • CEO duality and its impact on firm performance represent one of the most contentious issues in both academia and business. This study, therefore, aims to examine the moderating role of CEO duality in the relationship between intellectual capital Efficiency (human, structural, relational, Capital Employed, and Innovation) and firm performance (earnings per share and Tobin's Q) among Jordanian companies. The study sample consists of services listed companies on Amman Stock Exchange. The study used panel data for the period 2014-2018 with a sample size of 230 observations. SPSS software was used to analyze the collected data. The regression results indicate a significant relationship between, IC and firm performance. When CEO Duality is incorporated into the model as a moderator, there is an increase in the R2 by 7.9%. The findings from this study expand the theoretical underpinning of corporate governance research by identifying the performance implications of CEO duality within the Jordanian context. It also contributes significantly to the literature review about the current status of the practices taken in the intellectual capital components efficiency among companies listed on the Amman Stock Exchange. Findings from this study also provide contributions to the concerned policymakers such as the Ministry of Finance, Securities Commission, and Amman Stock Exchange in Jordan, to improve the current policies related to intellectual capital efficiency.

Determinants of Business Education on Student Satisfaction in Higher Education: A Case Study in Cambodia

  • LONG, Sovang;DUANG-EK-ANONG, Somsit;VONGURAI, Rawin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.1405-1416
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    • 2021
  • The study uses an innovative management perspective to investigate the environment of higher education institutions to ensure the survival of universities in Cambodia. This has led Cambodian universities to expand their educational offerings to students in Years 2, 3 and 4. The data was collected through a Google Forms survey to facilitate and accelerate data collection. The sample of 500 students come from three higher education institution by employing multi-stage sampling technique of probability and non-probability sampling methods to ensure representation of the research population. The data were analyzed by using Confirmatory Factor Analysis (CFA) and Structural Equation Model (SEM) to investigate the impact of these determinants on students' satisfaction and loyalty, via answering 54 questions. The results showed that the three Cambodian universities perform well in terms of satisfactory conditions such as transformative quality and university image. There are four issues to which universities need to pay attention, namely, teaching methods, infrastructure facilities, learning material, and academic environment that are yet to meet the needs of students. This study contributes to the principle of innovative management in the context of Cambodian academic environment. The results help to fathom the depth of enhancing quality and institutional survival.

Damage Proxy Map (DPM) of the 2016 Gyeongju and 2017 Pohang Earthquakes Using Sentinel-1 Imagery

  • Nur, Arip Syaripudin;Lee, Chang-Wook
    • Korean Journal of Remote Sensing
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    • v.37 no.1
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    • pp.13-22
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    • 2021
  • The ML 5.8 earthquake shocked Gyeongju, Korea, at 11:32:55 UTC on September 12, 2016. One year later, on the afternoon of November 15, 2017, the ML 5.4 earthquake occurred in Pohang, South Korea. The earthquakes injured many residents, damaged buildings, and affected the economy of Gyeongju and Pohang. The damage proxy maps (DPMs) were generated from Sentinel-1 synthetic aperture radar (SAR) imagery by comparing pre- and co-events interferometric coherences to identify anomalous changes that indicate damaged by the earthquakes. DPMs manage to detect coherence loss in residential and commercial areas in both Gyeongju and Pohang earthquakes. We found that our results show a good correlation with the Korea Meteorological Administration (KMA) report with Modified Mercalli Intensity (MMI) scale values of more than VII (seven). The color scale of Sentinel-1 DPMs indicates an increasingly significant change in the area covered by the pixel, delineating collapsed walls and roofs from the official report. The resulting maps can be used to assess the distribution of seismic damage after the Gyeongju and Pohang earthquakes and can also be used as inventory data of damaged buildings to map seismic vulnerability using machine learning in Gyeongju or Pohang.

Exploring Spatio-temporal Patterns of Population and its Influential Factors in Jeonju (거주인구의 시공간 변화 및 영향요인 분석: 전라북도 전주시 사례를 중심으로)

  • Jicheol Yang;Jooae Kim;Kuk Cho;Sangwan Lee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.251-258
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    • 2023
  • This study (1) explored spatio-temporal population distribution patterns in Jeonju by using emerging hot spot analysis and (2) identified the influential factors to determine the spatio-temporal patterns by using multinomial logit model. The major findings are as follows. First, the results of emerging hot spot analysis indicated that the 100*100m grid in the urban area of Jeonju was found to have a category of hot spots, whereas most of the cold spot series was concentrated in the outskirts of the city. Also, new towns such as Jeonju Eco City, Jeonbuk Innovation City, and Hyocheon District were persistent or intensifying hot spots, Third, the results of multinomial logit model revealed that the factors influencing deterrmining the spatio-temporal patterns were accessibility to schools, hospitals, parks, and walfare services. This study offered a deeper understanding of urbanization and regional changes in Jeonju, and important information for urban planning.

The Impact of Entrepreneurial Passion on Competitive Advantage of SMEs and Sole Proprietors : Moderating Effect of Corporate Reputation (중소벤처기업·소상공인 CEO의 기업가적열정이 경쟁우위에 미치는 영향 : 기업평판의 조절 효과)

  • Lee, Hyung-tae;Yoo, Jae-won
    • Journal of Venture Innovation
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    • v.7 no.2
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    • pp.77-99
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    • 2024
  • Small and medium-sized venture companies and small business owners play an important role in the Korean economy. According to the Ministry of SMEs and Startups' statistics survey in 2019, the proportion of all employees of small and medium-sized venture companies in Korea was 89.8%, which is overwhelmingly higher than that of Japan's 77.8% and Taiwan's 76.6%, so job creation for small and medium-sized venture companies in Korea is absolute. Compared to large companies, it is known that it is difficult for small and medium-sized venture companies in Korea to secure a competitive advantage due to low cost competitiveness, difficulties in R&D/marketing due to lack of capital, difficulties in securing networks, and lack of management know-how. Many scholars, including Kerr and Schumpeter, have studied entrepreneurship since the mid-1950s. Recently, research has been conducted in various fields such as business administration, psychology, and economics. However, research on the personal characteristics of CEOs of small and medium-sized venture companies such as entrepreneurial passion and corporate reputation, which is the overall image of companies, is still insufficient, and comparisons of effects between variables between groups (by industry, by pressure, etc.) have not yet been presented. Entrepreneurial passion plays an important role in promoting new business creation, job creation, and economic growth. Therefore, entrepreneurial Cultivating and promoting passion will also contribute to socioeconomic development. These are government policies, educational programs, and social awareness It can be achieved through improvement, etc., and is especially important in the current market conditions where innovation and growth are important. In conclusion Entrepreneurial passion is an important factor that has a positive effect on all individuals, businesses, and society. Therefore, research on entrepreneurial passion is It is an essential task to maximize these positive effects. In this study, in order to overcome the limitations of existing studies, entrepreneurs' Whether entrepreneurial passion, which is a personal characteristic, affects competitive advantage, absorption capacity and product and process innovation capabilities are Whether there is a mediating effect between entrepreneurial passion and competitive advantage. Finally, in the relationship between entrepreneurial passion and absorption capacity. The corporate reputation verifies whether it has a moderating effect, etc., and compares the influencing factors between variables by industry and pressure. It is intended to be verified empirically. In this study, 2023 conducted by the Small and Medium Business Distribution Center under the Ministry of SMEs and Startups for 312 CEOs of small and medium-sized venture companies and small business owners who participated in the online market support project for small and medium-sized venture companies and small business owners, December 2023 Survey and analysis were conducted from 1st to 20th, and the analysis used Smart PLS 4.0 to determine the impact on the relationship between variables. It was empirically verified. As a result of the study, it was found that entrepreneurial passion had a positive effect on absorption capacity, and the product was found And it was found to have a positive effect on process innovation capability and competitive advantage. In addition, the higher the corporate reputation, the more entrepreneurial it is. It was confirmed that passion had a greater effect on absorption capacity.

Synthesis of 18F-labeled Novel Phosphonium cations as PET Myocardial Perfusion Imaging Agents: Pilot Imaging Studies

  • Ayoung Pyo;Jung-Joon Min;Dong-Yeon Kim
    • Journal of Radiopharmaceuticals and Molecular Probes
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    • v.8 no.2
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    • pp.63-70
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    • 2022
  • The development of myocardial perfusion imaging (MPI) agents has been motivated because coronary artery disease has been one of the leading causes of death worldwide since the 1960s. Several positron emission tomography (PET) MPI agents were developed, and 18F-labeled phosphonium cations were reported actively among them. In this study, we synthesized novel 18F-labeled phosphonium cations, (5-[18F]fluoropentyl)diphenyl(pyridin-2-yl)phosphonium and (2-(2-[18F]fluoroethoxy)ethyl)diphenyl(pyridin-2-yl)phosphonium, and evaluated potential as MPI agents. Two labeled compounds were synthesized via nucleophilic substitution reactions of 18F-fluoride with the appropriate tosylate precursor in the presence of Kryptofix 2.2.2 and K2CO3. MicroPET studies were performed in normal rats to evaluate in vivo distribution of radiolabeled phosphonium cations for 60 min. The radiolabeled compounds were synthesized with 5%-10% yield. The radiochemical purity of labeled compounds was > 98% by analytical HPLC, and the specific activity was > 11.8 GBq/µmol. The result of microPET studies of these labeled compounds in rats showed intense uptake in the myocardium at 30 and 60 min. The results suggest that these 18F-labeled novel phosphonium cations would have potential as promising candidates for myocardial perfusion imaging.