• Title/Summary/Keyword: Environment and Trade

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When does Improvisational Capability Matter to International Entrepreneurship? The Contingent Role of Home-Based Network Ties and the Boundary Condition of Competitive Turbulence

  • Xiaolin Chen;Qin Rui An
    • Journal of Korea Trade
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    • v.26 no.7
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    • pp.59-76
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    • 2022
  • Purpose - As ahigher-order ability, improvisational capability is often employed to help a firm cope with unexpected or unanticipated issues. In light of the severe global business challenges and turbulent environmental changes, this study aimed to explore whether home-based network ties could shape the influence of improvisational capability on international entrepreneurship, alongside investigating the boundary conditions of competitive turbulence in their moderating effects. Design/methodology - The sample for the international entrepreneurship sector was obtained from the Industry and Information Technology Department of Jiangsu. In September 2021, the questionnaires were sent to the targeted ventures and required the top managers to complete the survey by email or telephone. The final research sample comprised 113 international new ventures. To test the hypotheses, moderated hierarchical regression analysis was conducted. Findings - Our empirical results suggested that (1) unlike some previous literature, a positive effect of improvisational capability on the performance of international new ventures was not found; (2) home country-based networks (both political ties and business ties) are contingent factors that may partially stimulate the value creation of improvisational capability; and (3) in a highly competitive environment, the moderating role of business ties at home may become much stronger, however, the contingent role of political ties at home was not found. Originality/value - This study mainly concentrates on the two important types of home country-based networks, political and business ties at home, that may help international new ventures access strategic resources necessary for supporting the performance implications of improvisational capability. Thus, it extends the existing improvisational theory to encompass international entrepreneurship.

A Study on the Effect of the Professional Identity of the Manager of Logistics Center on Service Orientation and Work Engagement (물류센터 관리자의 전문직정체성이 서비스지향성과 직무열의에 미치는 영향)

  • Won-Keun Cha;Hyang-Sook Lee
    • Korea Trade Review
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    • v.46 no.2
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    • pp.55-74
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    • 2021
  • Despite the growing importance of the logistics industry, it has been socially recognized as a 3D job and is perceived as a field of lower professional identity since the workers themselves think that they are engaged in a less important job. According to the related researches, it shows that professional identity affects the quality of service to customers, and applying it to the workers who are engaged in the logistics industry should be a meaningful subject of research. Therefore, this study intends to look into the impact of professional identity by managers in logistics centers on their service orientation and job engagement. To this end, this study surveyed managers in logistics centers across the country and conducted exploratory factor analysis, confirmatory factor analysis, and path analysis through structural equation models. The results of this study are summarized as follows. First, among the sub-factors of professional identity, recognition of professionalism did not have a significant effect on service orientation and job engagement, while acquisition recognition and range cognition had significant effects on it. Second, service orientation had a significant effect on job engagement. It believes that this study suggested implications for educational institutions and logistics companies that develop human resources of logistics in the aspect of that it presented the importance of developing human resources of logistics as well as the directivity to where the working environment such as the autonomy in their works and the extension of their authority should take their way.

Globalization and Consolidation in Maritime Transport and Its Implications for Container Port Business

  • Ryoo Dong-Keun
    • Journal of Navigation and Port Research
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    • v.29 no.9
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    • pp.801-806
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    • 2005
  • The world of container shipping and container terminal business is changing and container ports need to know what the changes are in order to plan how to respond. In particular, the container transport industry has noticed two major developments such as globalization and consolidation. The purpose of this paper is to review the current trend towards globalization and consolidation of container liner shipping and container terminal business. It also investigates the impact of these market developments on container ports and presents its implications for port development, management and operation, and port competition policy. According to the discussion of this paper a greater exercise of market power of container terminal operators will have negative impacts on international trade and national economy, especially port users, including container lines, exporters and importers. An empirical evidence on the exercise of market power is required to develop competition rules on market dominance at a national and international level. This paper suggests 'port coopetition' as a solution for smaller and regional container terminal operators to survive in a competitive business environment.

A Study on Change of Logistics Environment in Northeast Asia and Logistics Hub Strategy of China

  • Oh, Moon-Kap
    • Journal of Distribution Science
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    • v.14 no.1
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    • pp.59-66
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    • 2016
  • Purpose - The purpose of this study is to find out how shipping company recognizes making partnership with the third party logistics provider and to give implication. Research design, data and methodology - Personal interview and questionnaire by E-mail, Fax, Mail, and telephone were used. 700 copies of the questionnaires were distributed and 155 copied were returned. Among collected questionnaires, 20 copies were excluded because of insufficient content, and therefore 135 copies were used. Results - Korea should change into new paradigm from old one based on current economic and social systems which has stemmed from bureaucracy, inflexibility chauvinism and equalitarianism. Flexible policies, administration and systems will be needed for better business practices. The Domestic logistics corporation needs to preoccupy strategic logistics hub and network. Conclusions - To be a center of North East Logistics, Korea needs more reasonable business law, systems and policies. Social norms and orders should be established to accomplish political and social security. A paradigm of the policy ruling over development of capital city and satellite cities shall make change.

Experimental Study on Reduction of Emissions for Marine Diesel Engines with a Double Post Injection (선박용 디젤엔진에서 이단지연분사에 따른 배기 배출물 저감에 관한 실험 연구)

  • Lee, Won-Ju;Choi, Jae-Hyuk;Cho, Kwon-Hae
    • Journal of Advanced Marine Engineering and Technology
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    • v.39 no.4
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    • pp.418-424
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    • 2015
  • Marine Environment Protection Committee of the International Maritime Organization has decided to reinforce the NOx emission standards for ships passing an ECA(Emission Control Area) with Tier III standards from January 1, 2016. In this study, real-time measurements of the exhaust gas, cylinder pressure and fuel consumption were conducted at each load of a T/S Hanbada main engine of Korea Maritime and Ocean University, which is controlled by single injection and double post injection for reducing NOx emissions. The results showed that the quantity of CO2 and NOx increased in proportion to the engine load, whereas the CO concentration was inversely proportional to the engine load. In addition, double post injection decreased 10 % of P-max and reduced 25~30 % of the NOx emissions compared to single injection, whereas there was a trade-off relation, such as increase 3~5 % of SFOC (Specific Fuel Oil Consumption).

An Analysis of ESG keywords in the logistics industry using SNA methodology: Using news article and sustainable management report (SNA 기법을 활용한 물류산업 ESG 키워드 분석: 뉴스기사 및 지속가능경영보고서를 활용하여)

  • Ji-Won Lee;Hyang-Sook Lee
    • Korea Trade Review
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    • v.47 no.2
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    • pp.121-132
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    • 2022
  • This study aims to find out the ESG management keywords in the logistics industry through social network analysis using news article and sustainable management reports. In recent years, global climate change and Covid-19 have spurred companies to step up their new management system called ESG management. ESG is a combination of Environment, Social, and Governance. In the past, companies' financial performance was the most important, but in the current investment market, the movement to reflect ESG management factors in investment decisions is strengthening. This study aims to find out degree centrality, betweenness centrality, and closeness centrality through social network analysis after collecting related keywords to derive ESG management issues of logistics companies. This study collected 2,359 news articles searched under the keywords "ESG", "Logistics". In addition, data on ESG activities were also used for analysis by referring to the sustainable management reports of logistics companies. As a result of the analysis of degree centrality, it was found that ESG management of logistics companies is in progress, focusing on small enterprises and eco-friendly keywords, and is concentrated on social responsibility and eco-friendly activities. In the betweenness centrality analysis, logistics companies such as HMM and CJ Logistics were derived in a high ranking. In the closeness centrality analysis, eco-friendly keywords topped the list, while the number of keywords related to governance was relatively small, suggesting that logistics companies need to improve their governance structure.

An Empirical Study on the management Strategies of Korean Firms corresponding with the Political Environment in local Brazil : Focusing on the Analysis of Structural Equation Modeling (한국 기업의 브라질 현지 정치적 환경에 대응하는 경영전략에 관한 연구)

  • Kim, Chul
    • International Area Studies Review
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    • v.14 no.3
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    • pp.131-154
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    • 2010
  • This study tries to analyze what the most significant factors are in Brazil, where the Korean investing firms have to overcome and adapt to various difficulties, especially in terms of political environment. This main purpose of this research is to test empirically some relations of between the managing strategy of Korean firms and the environment factors of politics in Brazil while this is conducted in two stages. First, the research model is designed by reviewing relevant theories, previous studies, and the current investment conditions in local Brazil. Second, the survey of Korean firms engaged in investment activities in there is done by collecting questionnaires from them. with this survey, the strategic method of multiple regression is used to testing some hypotheses. At the result of Analysis, It is proved there haven been negative affecting political factors of law/regulation system and administrative operation service, and Korean firms have implementing the responding management strategies with reasonable adaptation to risks and human network reinforcement.

Port Alliance Strategy to Promote the Transshipment Function of Korea Ports (우리나라 항만의 환적기능 강화를 위한 포트얼라이언스 전략)

  • Lee, Sung-Woo;Choi, Yong-Seok
    • Journal of Navigation and Port Research
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    • v.31 no.6
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    • pp.545-553
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    • 2007
  • Due to the change of global production network, the establishment of new strategy in Korea ports is required Especially, the trade pattern has been mainly concentrated in Northeast Asia region according to economic growth of the Asia including China, Japan, and Korea. Hence, Korea major ports with the competition of price and service has to meet the need of Northeast port alliance and has to compete against other countries in variable trade environment. Therefore, the objective of this study is to propose a port alliance strategy in order to promote the transshipment of Korea major ports such as Pusan port and Gwangyang port. In order to establish the logistics business model in the ports, we provided the direction of the Northeast port alliance and candidate ports in China and Japan.

A Study on the Conclusion of Electronic Commerce (전자상거래계약(電子商去來契約)의 성립(成立)에 관한 연구(硏究))

  • Lee, Kee-Hee
    • Korean Business Review
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    • v.11
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    • pp.439-464
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    • 1998
  • Global electronic commerce, driven by the development of the Internet and computer, premises to be an important engine for growth for the world economy in the 21st century. Electronic commerce offers considerable new opportunities for businesses and citizens in all regions of the world by enhancing productivity across all sectors 6f our economies and encouraging trade in both goods and services. Specially in relation to contract, electronic commerce requires a coherent, coordinated approach internationally on key issues such as a validity, a legality, consumer protection. In order to ensure the stable growth of electronic commerce in Korea, the government needs to construct a predictable legal and commercial environment, suitable to the situation in Korea, for business conduct on the Internet and other electronic method. Electronic commerce, which breaks down national boundaries and widens the gap between the place where services are performed and the place where they are consumed, requires a new paradigm when making an agreement between contracting parties.

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A Multi-Objective Optimization Framework for Conceptual Design of a Surface-to-Surface Missile System (지대지 유도탄 체계 개념설계를 위한 다목적 최적화 프레임워크)

  • Lee, Jong-Sung;Ahn, Jae-myung
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.47 no.6
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    • pp.460-467
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    • 2019
  • This paper proposes a multi-objective optimization (MOO) framework for conceptual design of a surface-to-surface missile system. It can generate the set of Pareto optimal system design, which can be used for system trade-off study in a very early stage of the research and development process. The proposed framework consists of four functional modules (an environmental setting module, a variable setting module, a multidisciplinary analysis module and an optimization module) to make the model easy to change, and the concept design process using the framework was able to achieve the purpose of reviewing various designs in the early stage of development. A case study demonstrating the effectiveness of the framework has presented applicability to the system design, and the proposed framework has contributed to presenting a design environment that can ensure reliability and reduce computational time in the conceptual design stage.