• Title/Summary/Keyword: Emerging market

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Analysis of Issue and Commercialization opportunity of LED Fusion Industry using NEWS System

  • Roh, Hyun Sook;Choi, Yun Jeong;Lim, Dae-Hyun
    • Proceedings of the Korea Contents Association Conference
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    • 2014.06a
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    • pp.195-196
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    • 2014
  • This paper provides emerging technology issue and institutes of LED fusion industry based on the efficient quantitative analysis of a large amount of newspaper articles and papers for the decision-making of new business planning and core strategy. In addition, market opportunities and market entering strategies of main LED fusion industries are proposed. In the future, it is required to analyze and complement the quantitative analysis result by LED fusion industry experts and to build emerging issue database.

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Determinants of Customers Churn in Emerging Telecom Markets: A Study Of Indian Cellular Subscribers

  • Kavita, Pathak;Rastogi, Sanjay
    • Journal of Global Scholars of Marketing Science
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    • v.17 no.4
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    • pp.91-111
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    • 2007
  • Marketing is said to be a zero sum game i.e. each gain of customer for a firm is always at the expense of some other firm's customers. Therefore in a marketplace churn is a natural occurrence. Churn in Indian telecom market is among the highest in growing telecom markets. By using binary logistics regression analysis based models based covering a sample of 822 Indian telecom subscribers; this paper attempts to examine the determinants of churn. The future churn is found to be dependent on satisfaction level of the customer with the service provider, attitude and loyalty of the customer variables, intended churn (i.e. intention to churn) and current loyalty (defined as intention to recommend) and distraction (i.e. intention to experiment).

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The cost efficiency analysis of Korean life insurance companies by data envelopment analysis

  • Kang, Jungchul
    • Journal of the Korean Data and Information Science Society
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    • v.26 no.6
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    • pp.1523-1535
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    • 2015
  • We investigate the effect of introduction of the bancassurance system on cost efficiency in the Korean insurance industry between 1997 and 2012. Our estimation results indicate that introduction of this system contributed positively to efficiency of life insurance companies in Korea. Increase in a one standard deviation of bancassurance increases cost efficiency by 0.08 which is equivalent to 12 percent of mean cost efficiency. Recognising that the bancassurance system is a relatively new concept, our results indicate that the bancassurance system can be a policy measure to improve productivity in an emerging insurance market. The results illustrate that positive effects have accrued particularly to medium-sized companies and domestic companies, contrary to the prevailing perception that increased competition through bancassurance is more beneficial to large companies and foreign companies.

Library and Information Science Education for Information Profession (정보전문직을 위한 도서관정보학 교육)

  • Kwon Eun Kyung
    • Journal of the Korean Society for Library and Information Science
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    • v.21
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    • pp.191-223
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    • 1991
  • Needs of our society for information professional have been changed continuously. The purpose of this paper is to study a direction of Library and information Science(LIS) education which can response properly the change. For this purpose, 1) the characteristics of information socitey, the demand to information profession, and the qualification required by the emerging job market of information professionals are examined. 2) the identity of LIS and its educational achievement for information professionals are considered. 3) Information Resources Management (IRM) which in some sense shares the common goal of effective information transfer with LIS is also considered. 4) the similarities and the differences between the two are discussed to seek their interrelationship and cooperation possibiity. While there are differences in focus and practice between LIS and IRM, interdisciplinary partnership between these two can enhance theory and practice of each other's area. Particulary, LIS school can take advantage for their students to penetrate the emerging job market as well-rounded information professionals.

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A Study on the Re-structuring Strategies of Korean Healthcare Facilities for Reinforcing it's Competition Power in the Emerging Global Healthcare Market (의료복지 분야의 국가경쟁력 강화를 위한 의료시설재편 및 그 실행방안에 관한 전략적 연구 - 광주, 전남지역의 의료현황과 문제점을 중심으로 -)

  • Choi, Kwang-Seok
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.10 no.2
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    • pp.59-70
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    • 2004
  • This study aims to present the re-structuring strategies of healthcare facilities in Kwang-ju and Jon-nam province for it's competition power in the emerging global health care market. Kwang-Ju city and Jon-nam province have had difficulties in building a balanced healthcare system because of rapidly declining population, weakened healthcare infra-structure and geographical problems of healthcare supply by numerous islands. Now, Kwang-Ju city and Jon-nam province try to be a core place of economy and culture in the west-south asia. To do so, it is fundamentally necessary to reform their current social structure including healthcare system in large scale. This Study presents the current conditions and the problems of healthcare environment in these areas.

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Services and technologies for emerging local access demand

  • 이용환
    • The Magazine of the IEIE
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    • v.25 no.4
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    • pp.14-26
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    • 1998
  • Emergence of the Interned, World Wide Web (WWW), and multimedia services accelerates the demand for broadband access to mass market. As the demand for broader bandwidth for local access rapidly increases, new types of services for local access have been offered or are being developed. However, nothing has yet been shown up for a definite long-term solution. In this article, we address some issues and technological perspectives of such emerging local access demand.

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Emerging Technologies in Mobile Communications for 2020 (2020년 미래 무선통신 유망기술 발굴)

  • Lee, Kyungpyo;Song, Youngkeun;Han, Woori;Lee, Sungjoo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.38A no.1
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    • pp.108-126
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    • 2013
  • Recently, it becomes essential for firms or nations to forecast the future and identify emerging technologies in order to improve R&D efficiency and gain a competitive advantage. Particularly, the mobile communications industry is characterized by rapid advance and wide application of its technology and thus identifying emerging technologies is more important in the industry than in others. Nevertheless, few attempts have been made to explore its emerging technologies. Therefore, this research aims to develop a methodology to identify the future and emerging technologies especially for the industry and applied it to list top ten emerging technologies for 2020 in the industry. For this purpose, firstly, we focused the key issues in the future targeting 2020 and identified user needs relating to them. Then, candidates of emerging technologies were defined from a set of technologies to meet the needs, for which technological and economic feasibility is assessed to determine their priorities. Finally, the top ten most important technologies were selected and verified. This research is distinct from the previous studies in that it takes a market-pull approach instead of a technology-push approach. The research results are expected to provide valuable information to support strategy- and policy-makings in the mobile communications industry.

Regional Financial Development, Firm Heterogeneity and Investment Efficiency

  • Zhang, Ruonan;Yin, Hong
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.73-83
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    • 2018
  • The purpose of this paper is to examine the relationship between regional financial development and corporate investment efficiency as well as the relationship between firm-level characteristics and corporate investment efficiency. Using a large sample of A-listed companies in China from CSMAR database between 2003 and 2016, this paper explores corporate investment efficiency and its influencing factors in emerging market on the basis of heterogeneous stochastic frontier model. The results show that: (1) the average investment efficiency of Chinese listed companies is 74.5%, and the investment efficiency of large enterprises, state-owned enterprises and enterprises with relatively high financial development level is significantly higher; (2) compared with average corporate investment efficiency in the year 2003, the investment efficiency of different types of enterprises in 2016 is significantly higher, and the gap is gradually widening; (3) enterprise heterogeneity namely firm size, nature of property right, and institutional environment reflected by the level of regional financial development indirectly affects corporate investment efficiency by influencing the financing constraints and uncertainty. The findings suggest that to improve corporate investment efficiency in emerging market, financial market should be accelerated, regional balance should be restored and the differences among regions, industries and differences between public and private sectors should be eliminated.

The Relationship between Default Risk and Asset Pricing: Empirical Evidence from Pakistan

  • KHAN, Usama Ehsan;IQBAL, Javed
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.717-729
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    • 2021
  • This paper examines the efficacy of the default risk factor in an emerging market context using the Fama-French five-factor model. Our aim is to test whether the Fama-French five-factor model augmented with a default risk factor improves the predictability of returns of portfolios sorted on the firm's characteristics as well as on industry. The default risk factor is constructed by estimating the probability of default using a hybrid version of dynamic panel probit and artificial neural network (ANN) to proxy default risk. This study also provides evidence on the temporal stability of risk premiums obtained using the Fama-MacBeth approach. Using a sample of 3,806 firm-year observations on non-financial listed companies of Pakistan over 2006-2015 we found that the augmented model performed better when tested across size-investment-default sorted portfolios. The investment factor contains some default-related information, but default risk is independently priced and bears a significantly positive risk premium. The risk premiums are also found temporally stable over the full sample and more recent sample period 2010-2015 as evidence by the Fama-MacBeth regressions. The finding suggests that the default risk factor is not a useless factor and due to mispricing, default risk anomaly prevails in the Pakistani equity market.