• Title/Summary/Keyword: ECONOMIC IMPACTS

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Innovation and Intangible Capital for Economic Growth (혁신과 무형자본을 통한 경제성장)

  • Kim, Nari
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.9
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    • pp.454-464
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    • 2018
  • The OECD estimates that a high concentration of intangible capital is in the richest countries of the world. Studies show that intangibles have a positive relation with economic growth. However, different types of intangibles can have different impacts on economic performance. Therefore, this paper attempts to distinguish the differences within the intangibles in influencing economic growth by analyzing three different characteristics of the intangibles. Three main types of intangibles (computerized information, innovative property and economic competencies) are analyzed based on the degree of tacitness, the process of creation and diffusion, and the level of embedded value-added. This research uses Polanyi's classification of tacitness of knowledge, the Nonaka-Takeuchi Model and the "smiling curve" to find that not only investing more in intangible capital but also developing more "tacit" type of intangibles are important for economic growth.

Impacts of Corporate Social Responsibility and Authenticity on Brand Loyalty: Evidence from the Chain Coffee Shop Industry in Vietnam

  • MAI, Thi Cam Tu;NGUYEN, Hong Son;PHAN, Nguyen Ngoc Diem;LE, Minh Hang;LUU, Phuong Khanh;NGUYEN, Thi Thu Thao;NGUYEN, Thi Thu Trang
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.6
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    • pp.159-173
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    • 2022
  • This study examines the impact of CSR and its authenticity on customer loyalty through the brand image in the chain coffee shop industry. Using qualitative and quantitative methods, 601 survey questionnaires were distributed, of which 491 were analyzed. The results show that CSR has a positive impact on brand image and customer loyalty. In addition, authenticity does not moderate the impact of CSR on brand image and loyalty, as it is difficult for customers to verify the authenticity of CSR action programs. This study emphasizes the importance of CSR action programs and authenticity for businesses to sustainably enhance their distinctive brand image and customer loyalty. Therefore, for sustainable development in the future, managers of coffee shop chains need to focus on the following issues. First, the most important thing is the right awareness of businesses regarding CSR and CSR authenticity. Third, businesses should strengthen the transparency of CSR action programs in various media so that consumers can easily verify authenticity, to increase brand image and improve customer loyalty.

The Effects of Real and Monetary Disturbances and Economic Interactions between the Two Large Countries (실물교란과 화폐교란이 양 대국 경제에 미치는 영향)

  • Son, Il-Tae
    • International Area Studies Review
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    • v.15 no.1
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    • pp.31-58
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    • 2011
  • The purpose of this paper is to analyze the effects of real and monetary disturbances and economic interactions between two large countries, and to examine how wage indexation affects the transmission of real and monetary disturbances and affects the fiscal and monetary policies of a large country. A two large country model is built, and is theoretically analyzed. We conducted an empirical investigation to apply theoretical findings to the Japanese and US economic interactions in response to real and monetary disturbances originating in one or the other country. Empirical evidence on Japan-USA economic interactions shows that Japan is much more affected by the US economic policy than the USA is affected by the Japanese economic policy. The economic impacts of real and monetary disturbances on the Japanese and US economies are smaller when the Japanese and US wage indexing parameters are lower.

Commercial Aspects of Ubiquitous Contents Access Technologies : User Perspective Analysis using QFD (사용자 관점 UCA 기술 경제성 분석 : QFD 응용)

  • Han, Hyun-Soo;Park, Eun-Young;Kim, Kwang-Yong;Park, Sun-Young
    • Korean Management Science Review
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    • v.23 no.2
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    • pp.59-74
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    • 2006
  • In this paper, we investigated economic viability of UCA (Ubiquitous Contents Access) technologies from user adoption perspective. UCA technologies are expected to 9et embedded into media and telecom merging services. Embracing new technologies such as UCA technologies, forged through an industry convergence, means opting for a technological innovation that will have technological as well as economic and strategic implications. As such, we adopted user perspective innovation adoption theories to explore key antecedents affecting consumer acceptance of these emerging technologies. Subsequently. using QFD (Quality Function Deployment) method, the impacts of UCA technical functions on user's perceived value enhancements are estimated. The QFD analysis result indicates that the new UCA service technologies could achieve about 42% enhancement on user perceived adoption intention compared to existing digital contents service technologies. The proposed analysis framework and findings suggests significant insights for further research.

Socio-economic Repercussion Effects of Technological Information Activities (기술정보활동의 사회경제적 기여효과 분석)

  • 박현우;김진욱
    • Journal of Korea Technology Innovation Society
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    • v.4 no.1
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    • pp.96-109
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    • 2001
  • The aim of this paper is to analyse the impacts on domestic production, value added, employment and import substitution of national technological information activities, using the 1995 Input-Output Tables in Korea. The total output of technological information amounted to 4,167 billion won at current prices. The total domestic output of 2,318 billion won was generated directly and indirectly and the amount of value added totaled 3,773 billion won. 119 thousand new jobs were created and total import substitution amounted to 1,346 billion won. As an increase of 4,167 billion won in technological information sector led to an increase of 7,437 billion won in total socio-economic repercussion effects, the multiplier was 1.8 in 1995.

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Promoting Networks of Commercializing R&D: A Case Study on Technology-intensive Firms of Daeduck Research Complex, Korea (연구개발성과의 산업화를 위한 네트워크 활성화 방안: 대덕연구단지의 기술집약적 벤처기업을 중심으로)

  • 신동호
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2003.05a
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    • pp.313-335
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    • 2003
  • It has been thirty years since Daedeuk Science Park was established in Daejeon, Korea. The Park has grown to be a national center for scientific activities, hosting more thirty research institutes at major scale with 12,000 scientists. As a main purpose of establishing the science park was to promote sciences as basic research, there have not been much economic impacts created from the science park. There have also been very little networks established among research and educational institutes within the science park and the city of Daejeon in general. After the economic crisis in 1997, however, there have been increasing changes around the Park. Since then more than 400 technology-intensive firms were newly created, mainly from the research institutes, or introduced to the Park area. This paper analyzes R&D networks of these small firms, especially with research institutes and universities, based on a questionnaire survey. The paper has argued: 1) to establish technology transfer centers, 2) to emphasize research related to commercialization, 3) to intensify advertizement of research outputs to the potential entrepreneurs, 4) to assist entrepreneural associations of concerned companies.

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A study of Chinese distribution policies and challenges

  • Su, Shuai
    • The Journal of Industrial Distribution & Business
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    • v.4 no.1
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    • pp.11-14
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    • 2013
  • Purpose - The objective of this paper is to explain how the Chinese distribution market will continue to bring tremendous business opportunities to commercial enterprises given the relatively strong economic fundamentals and substantial government-led measures for boosting domestic demand. Research design, data, and methodology - The study conducted a survey on China's 2011 retail market data. After empirically analyzing the data on retail sales, online retail markets, and franchises, we believe that online retailing in China will maintain its growth momentum. Results - This study shows that 2012 is expected to be a challenging year for the retail sector, as both external and internal pressures are likely to persist. Some of the major challenges facing retailers in China are mentioned below. Conclusions - Retailers in China face several major challenges. First, the uncertain economic outlook is having a considerable impact on China's retail market. Second, China's retailers face an unfair competition environment. Third, they are suffering the impacts of product safety problems.

Evaluation of Economic Impacts of the Interstate Electric Power System in Northeast Asia Considering CO2 Emission (환경제약을 고려한 동북아 전력계통 연계의 경제성 평가)

  • Chung, Koo-Hyung;Kang, Dong-Joo;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.837-839
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    • 2005
  • ORIRES developed by ESI, Russia is a linear programming (LP) model to optimize electric power system operation and planning. Since ORIRES requires data relatively less than other models, it is suitable for northeast asia where imposes restriction against data acquisition. In this paper, we analyze the economic imparts of the environmental regulation on the interstate electric power system in northeast asia. For the rational evaluation of environmental effectiveness, CO2 emission constraints are incorporated into ORIRES.

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The Effects of Economic Hardship, Parents' intro-extrovert Personality and Depression on Parenting (경제불황 상황, 부모의 내-외향성 및 우울감이 부모의 양육태도에 미치는 영향)

  • 김보형;박성연
    • Journal of the Korean Home Economics Association
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    • v.38 no.6
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    • pp.135-147
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    • 2000
  • The purpose of the study was to investigate the effects of economic hardship. parents'intro-eatrovert personality, and depression on parenting. The subjects were 487 seventh to ninth grade children and their parents. Data were collected through questionnaires. Children from which family experienced severe income loss perceived fathers'child-rearing attitudes as more warm/nurturant when fathers had extrovert personality. On the other hand, children under the worse paternal working condition perceived mothers'child-rearing attitudes as more warm/nurturant when mothers had introvert personality. The impacts of family income loss on mothers'rejecting/inconsistant child-rearing attitudes were exacerbated by its indirect effect through maternal depression.

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Data Quality and Firm Financial Performance in the Manufacturing Industry (제조기업의 데이터 품질과 재무적 성과)

  • Kim, Jeong-Cheol;Lee, Choon Yeul;Lee, Sangho
    • Journal of Information Technology Services
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    • v.11 no.sup
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    • pp.153-164
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    • 2012
  • There is a belief that timely and precise data are important to decisions and the better decisions are related to better firm performance. However, empirical research investigating the effect of data quality on firm financial performance is still scarce up to recently. Current study empirically explores such an effect of data quality on firm accounting performance in the Korean manufacturing industry during 2008~2010 with secondary data. The results show that better data quality does not impact on sales and operating profit, but positively and significantly impacts on EVA(Economic Value Added). Raising the level of data quality management maturity by one level can increase EVA by about 34% in manufacturing firms.