• Title/Summary/Keyword: Export Competitiveness

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A Study on the Efficiency of the Export Support Policy for the SME in Korea (한국 중소기업수출지원정책의 효율화 방안)

  • Choi, Jae-Han
    • The Journal of the Korea Contents Association
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    • v.18 no.3
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    • pp.114-123
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    • 2018
  • Korea's Export Support Policy has shifted from conglomerate to SMEs since the 1998 IMF financial crisis. Therefore the SME export result in 2011 has reached the quantitative growth of more than US$ 100 billion for the first time. However, the trend has remained stagnant since 2013. Such a stagnant is judged to exist on the part of the Export Support Policies that fail to significantly enhance export competitiveness. Therefore, in order to expand the base of the export capabilities of SMEs and enhance the export competitiveness, the researcher has analyzed the problems of the Export Support Policy focused from the major prior studies since 2010 and derived the efficiency improvement methods. The results of this study are as follows: First, it is necessary to select or combine the following measures. they are the coordination or combination of the functions of the export support institutions, the operation of the single export support institutions, the utilization of the cooperative support system between the support institutions, the use of the private enterprises. First, it is necessary to review the following measures: they are the functional adjustment and integration among export support agencies, the adjustment of support organizations by export stage, the role coordinating between the Small and Medium Business Administration and the Local Government. Secondly, it is necessary to build a customized support system for enterprises. Thirdly, in order to secure the manpower and expertise of the support organization, it is necessary to review the utilization of the retired manpower the from the trade companies or the youth intern system. Fourthly, it is suggested that the balanced performance index is required for the export support programs with a certain scale and need to increase the portion the external evaluation together with the quantitative and qualitative evaluation.

A Study on the Selection Model of Promising Export Items Applicable to the Defense SMEs (방산 중소기업에 적용 가능한 유망수출품목 선정모형에 관한 연구)

  • Won, Jun-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.7
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    • pp.321-330
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    • 2020
  • The defense industry has recently been focused on boosting exports of weapon systems. Investigation and selection of promising export items for SMEs in the defense industry is essential to establish a defense promotion policy. This study presents a model for selecting promising export items applicable to the defense industry through case studies, such as criteria for selecting promising items from other organizations. The evaluation index is largely composed of three categories, competitiveness of the item itself, capabilities of the exporter, and ripple effect of the export, and consists of eight detailed evaluation indicators. The relative weight between categories was calculated through the AHP method. In the selection model, if a certain score is exceeded, it is then possible to adopt a promising item or verify validity. In particular, promising items were selected by applying this methodology to those involved in the defense industry. Using the model presented in this study, it is expected that domestic small and medium-sized enterprises with relatively high export competitiveness and excellent quality items will be given priority, and more effective and intensive export support will be possible.

Estimating the Impact of Trade Cost on Export: A Case Study Vietnam

  • Tu, Mai Thi Cam;Giang, Huynh Thi Thuy
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.3
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    • pp.43-50
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    • 2018
  • The paper aims to investigate the impact of trade cost on export: A Case Study Vietnam. The study conducts a static linear panel data analysis on annual data covering bilateral export between Vietnam and 70 major importers of Vietnam from 2001 to 2013. The gravity model has been one of the most successful applications in empirical trade. In this paper we apply the gravity model to estimate the impact of trade cost on Vietnamese bilateral export value. The paper uses gravity model to estimate the impact of trade cost on Vietnamese bilateral export value. The empirical results derive from a static linear panel data analysis (fixed effects model) indicates that trade cost plays a crucial role in determining the export value that occurs between Vietnam and trading partners. Besides, population of importing country, trade openness of importing country, gross domestic product of importing country and gross domestic product of Vietnam are also significant determinants of Vietnamese bilateral export value. The main findings indicates that trade cost plays a very important role in the Vietnamese bilateral export performance. This suggests that the Vietnamese government should attempt to improve domestic trade costs to enhance competitiveness and increase export growth sustainably.

A Panel Analysis of Influence of R&D on Export (연구개발의 수출에 대한 영향 분석)

  • Choi, Bong-Ho;Kim, Sang-Choon
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.251-270
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    • 2010
  • The purpose of this study is to analyse the general influence of R&D on export, and to induce policy implications. The method of analysis is panel data analysis based on a data set of Korea, United States and Japan. The result of analyses shows that the influence of R&D on export is significant and positive. In addition, the results also confirmed generally positive relationships between R&D and export. It means that R&D is an important factor to raise international competitiveness of export commodities. We can conclude that the empirical results provide evidence to support the neotechnology theory of trade in the context of Korea, United States and Japan.

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The Effects of International Entrepreneurial Orientation, IT Capability, and e-Business Entrepreneurial Perceptions on the Export Performance of Korean SMEs (한국 중소기업의 국제 기업가지향성, IT역량, e-business 기업가 인식이 수출성과에 미치는 영향에 대한 연구)

  • Lee, Yea-rim
    • Korea Trade Review
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    • v.44 no.4
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    • pp.101-114
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    • 2019
  • E-business enables SMEs to reduce transaction costs and maintain export competitiveness in rapidly changing overseas markets. It is required to raise the entrepreneurial awareness of e-business of exporting SMEs. This study examines the characteristics of enterprises that play an important role in the introduction and utilization of e-business by domestic export SMEs. It explores the mechanisms that search and exploit these opportunities in an entrepreneurial way, and examines the process leading to export performance. We conducted a survey for empirical analysis and analyzed the data from 316 companies using e-business in Korea. As a result, both the international entrepreneurial orientation and the IT competence tended to be significant for the perception of e-business entrepreneurs and showed a different pattern in terms of size of influence. In addition, cooperation and operation among e-business entrepreneurs' perceptions have a direct impact on the export performance of SMEs.

A Study on the Analysis of Export Structure in Jeollabuk-do for the Activation of Saemangeum New Port (새만금신항 활성화를 위한 전라북도 수출구조 분석에 관한 연구)

  • Min-Ju Song
    • Korea Trade Review
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    • v.47 no.4
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    • pp.293-309
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    • 2022
  • The purpose of this paper is to analyze the import and export volume of Jeollabuk-do to establish a plan to activiation Saemangeum New Port. To this end, this study utilized the HHI(Herfindahl-Hirschman Index), LQ(Location Quotient) analysis using the annual data set from the Korea Trade Statistics Promotion Institution between 2015 to 2020. As a result, it has been confirmed that the degree of export volume concentration (HHI (Herfindahl-Hirschman Index)) in Jeollabuk-do has been increasing over the past 5 years. According to results of LQ(Location Quotient) analysis, Brazil had the highest index in the case of exporting countries, and Meat, edible meat offal (HS 2) had the highest index in the case of export items. This paper is meaningful in analyzing the export structure using import and export volumes and proposing a plan to improve the competitiveness of Saemangeum New Port.

An Analysis on the Competitiveness of Japanese Steel Products in Korea: Focus on the Structural Changes of Supply and Demand in Korea Steel Industry

  • Lee, Seoung-Taek
    • Journal of Korea Trade
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    • v.25 no.4
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    • pp.1-16
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    • 2021
  • Purpose - This study reviews changes in the steel export-import structure between Korea and Japan to strengthen the competitive advantage of the Korea Steel industry using a trade-related index. Design/methodology - This study focuses on analyzing comparative advantage based on the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Findings - Korea's steel import from Japan increased due to the domestic supply shortage of HR (Hot Rolled Coil) and Plate, rather than the sharp decline of the domestic steel industry's competitiveness in 2010. However, after the completion of Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage. Additionally, the import of Japanese steel products had decreased significantly from 2009 to 2019. Originality/value - This study attempts to analyze Japanese steel products' competitiveness in trade and the domestic influence of high-quality Japanese steel products. These results are connected to domestic steel supply and demand structure and relations with the Japanese steel industry. After completing Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage, and the import of Japanese steel products has decreased significantly from 2009 to 2019.

An Environment Analysis and Competition Improvement Strategy of the Cleaning Robot Market under Korea-US FTA (한-미 FTA 체제하에서 로봇 청소기 시장의 환경 분석 및 경쟁력 향상 전략)

  • Jeon, Hangoo;Seo, Kwang-Kyu
    • Journal of Digital Convergence
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    • v.10 no.10
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    • pp.13-18
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    • 2012
  • This paper aims at examining the Korean export competitiveness of clean robot industry and presenting the strategy to improve capability of clean robot industry under Korea-US FTA. For this purpose, the current status and environment of Korea-US clean robot industry and the core points of Korea-US FTA are analyzed. In addition, using SWOT analysis of Korean clean robot field, we analyzed the characteristics of Korean cleaning robot industry and proposed the strategy for export expansion and strength of export competitiveness. Through above analyzation and strategies, we found out that Korean clean robot industry have some advantage to go into the US market and get the opportunity to improve the export capability though Korea-US FTA. In conclusion, to improve current status and to get the competitiveness, government and companies should recognize and utilize Korea-US FTA effect significantly.

A Study on the Competitive Position and Strategic Exportable Goods of Korea Focused on Korea-China-Japan Fisheries Products Class (한.중.일 수산물부문에 있어 한국의 경쟁력 수준과 수출전략품목 분석에 관한 연구)

  • Kim, Ki-Soo;Woo, Ji-Hyo
    • The Journal of Fisheries Business Administration
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    • v.38 no.3
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    • pp.1-24
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    • 2007
  • This study examines the relative competitive position of korean fisheries products market over period of 2001 to 2005 and selects strategic exported goods from its position provide against concluding FTA agreement with China and Japan. The portfolio approach is used to develope competitiveness-market share matrix. The position of each export countries on the competitiveness market share matrix will be in one of nine cells, with differing implications for their role in korean fisheries products market. Based the competitiveness market share matrix, each export countries are divided into first cell type, third cell type and ninth cell type and the items of ninth cell type are chosen as strategic exportable goods. The results of this study are summarized as follows: First, in the case of each country change aspect, China is trending to decrease quantity but shows number of item that increase gradually with high share still, and look trend that increase third cell type item too gradually, and in case of first cell type item is that competitive position is high more relatively than the Korea. In the case of Japan, ninth cell type item is falling gradually, and share does not show big change generally in case of first cell type item. Second, in the case of strategic exportable goods that analyze using domestic competitive position cell type and MCA with competitive position in domestic fisheries products market and export market, was appear by codfish(frozen), cuttle fish(frozen) etc. in case with China, and by mackerel(frozen), other sea bream(frozen), laver(dry), bathing(dry) etc. in case with Japan. And analyzed goods that have all export competitive advantages in both countries are roes of alaska pollack(frozen), other roes of fish(except frozen roes of alaska pollack), squid(frozen) etc.

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Export Behavior Analysis of Busan Port using Constant Market Share Analysis (CMS 분석을 이용한 부산항 수출행태분석)

  • Mo, Soowon
    • Journal of Korea Port Economic Association
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    • v.29 no.2
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    • pp.239-253
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    • 2013
  • Changes of a port's market share in the exports of domestic ports result from many interrelated factors. Therefore, the analysis of the export performance of a port should be put in perspective by analysing long periods to identify trends. This paper aims to show the development of competitiveness, product and geographical structure of the Busan Port's merchandise exports from 1995 to 2012 using constant-market shares (CMS) analysis. This article is relevant for Busan port because its export market shares have been showing disappointing path. The dynamic consideration of the CMS analysis, which the static indicators have been replaced by time series, helps to track all changes in the export structure and competitiveness of the Busan port over time. The long-term trend of the indicators suggests that it may be very hard for the Busan port to maintain its market share in the global environment. The advantage in competitiveness of the Busan port has vanished and the product and geographical structure effects show negative trends after 1995, pointing to vulnerability in the Busan port's exports.