• Title/Summary/Keyword: Financial Hub

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The Public-Oriented e-Hub Construction for Strategic Alliances by Using Network Analysis (${\cdot}$소 인터넷기업의 전략적 제휴를 위한 공적 e-Hub 구축과 사회 관계망의 활용에 관한 연구)

  • Park Ki-Nam;Kim Jong-Weon
    • Proceedings of the Korea Association of Information Systems Conference
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    • 2003.05a
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    • pp.183-197
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    • 2003
  • This paper introduces the public-oriented e-Hub construction for strategic alliances in the community. The public-oriented e-Hub can link with all Participating internet firms on the ba business models, and consequently help them share their core competence, management resource Based upon this perspective, this paper presents the procedures corresponding with social network strategic alliances of small and medium internet firms. In addition, this paper tries to analyze th among degree of competition, potential of strategic alliance, and financial performance. The resu the firms with more easily accepting various strategic alliances make higher financial performance competitive environment. This suggests that strategic alliances through the public-oriented e-Hub virtual community provide the internet firms with various opportunities

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The Public-Oriented e-Hub Construction for Strategic Alliances by Using Social Network Analysis (전략적 제휴를 위한 공적 e-Hub 구축과 사회 관계망의 활용에 관한 연구)

  • 박기남;김종원
    • Korean Management Science Review
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    • v.20 no.1
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    • pp.165-178
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    • 2003
  • This paper introduces the public-oriented e-Hub construction for strategic alliances in the B2B virtual community. The public-oriented e-Hub can link with all participating Internet firms on the basis of their business models, and consequently help them share their core competence, management resources, and so on. Based upon this perspective, this paper presents the procedures corresponding with social network analysis for strategic alliances of small and medium internet firms. In addition, this paper tries to analyze the relationships among degree of competition, potential of strategic alliance, and financial performance. The results show that the firms with more easily accepting various strategic alliances make higher financial performance under more competitive environment. This suggests that strategic alliances through the public-oriented e-Hub in the B2B virtual community provide the internet firms with various opportunities.

A Study on Maritime-Specialized Development of Busan International Finance Center (부산국제금융센터 해양특성화 개발방안 연구)

  • Cho, Jae-Ho;Lee, Han-Seok
    • Journal of Navigation and Port Research
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    • v.35 no.5
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    • pp.445-454
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    • 2011
  • According to financial hub related law of government, new financial hub in Busan will be differentiated from existing other financial hubs by reflecting regional characteristics as financial cluster and by connecting with business hub. Based on an ongoing busan international finance center in Munhyun innovation city. this study is focused on suggesting development methodes for international competitiveness of Busan international finance center considering of maritime-specialization connecting with citizen park and busan north port renewal districts. through the financial hub concept, types, be valid conditons, competitiveness and international case studies over the analysis of development conditions and a development plans for developing fosterage-programs suppementary and strategy, guidelines of physical developmentde direction.

An Empirical Study on the Determinants of Usage and Performance of the uTradeHub in Korean SMEs (한국 중소기업의 uTradeHub 활용 및 성과 결정요인에 관한 실증적 연구)

  • Moon, Hee-Cheol;Cao, Pin
    • International Commerce and Information Review
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    • v.15 no.1
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    • pp.333-356
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    • 2013
  • The main purpose of this article is to find out the determinants of usage and performance of the uTradeHub system in Korean SMEs. To achieve the purpose of the study, the research model and the hypotheses were developed based on the previous research on uTradeHub and e-Trade. And to test the research hypotheses, empirical survey was conducted to Korean SMEs which were using uTradeHub services. The results of the empirical analyses are as follows. First, among the external factors, intra-industry competition and transaction intensity were significant determinants of uTradeHub usage level. Secondly, among the internal factors, only CEO's support was found to be a significant determinant. Thirdly, among the IT related factors, IT infrastructure and IT training were positively related to uTradeHub usage level. Finally, the uTradeHub usage level was found to have positive effect both on financial and non-financial export performance of the Korean SMEs.

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Investment Priority and ImProvements in the Northeast Asia Logostics Hub Road Map (한국의 동북아 물류중심로드맵 투자우선순위와 개선방안)

  • Choe, Seok-Beom
    • Journal of Korea Port Economic Association
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    • v.20 no.2
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    • pp.187-216
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    • 2004
  • Northeast Asia logistics hub strategy was undertaken by Korean Government to gain a national competitive advantage in Northeast Asia. Current Government has Northeast Asian Economic Hub Strategy including construction of SOC in Northeast Asia for promoting peace, promotion of formation of Northeast Asia Community, logistics hub, Financial hub and national innovation for R&D Cluster. To realize Northeast Asian logistics hub, the Northeast Asia logistics hub road map has undertaken as follows: expansion of logistics infra in Incheon Airport, Busan Port and Gwangyang Port, systematic improvements such as adjustment of investment distribution, special logistics companies, transparent customs in logistics transactions, logistics manpower, improvement of system supporting global logistics and attraction of international logistics companies to the logistics center, construction of seamless and paperless logistics information network, Northeast Asia railway infra. The purpose of this paper is to study investment priority and improvements in the Northeast Asia Logistics Hub Road Map and to contribute to gain the national competitive advantage as logistics hub in Northeast Asia

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A Study on the Development Strategy for the Hub of Northeast Asia (동북아허브 발전전략에 대한 고찰)

  • 이재기
    • Journal of Korea Port Economic Association
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    • v.19 no.2
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    • pp.159-175
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    • 2003
  • The purpose of this paper is to investigate the development strategy for the Hub of Northeast Asia. Those countries such as Singapore, Taiwan, Hong Kong and China competing us are trying to concentrate on their core capacity. Based on the severe competition surrounding us, we are confronting with a transitional period to upgrade competitiveness. It is acknowledged that the building of economic hub of Northeast Asia is essential to become an advanced country. Therefore, it is becoming an urgent task that Korean government should formulate the development strategy of building efficient transportation network, economic special zone and financial hub.

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Northeast Asian Energy Corridor Initiative for Regional Collaboration

  • Paik, Hoon
    • East Asian Economic Review
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    • v.16 no.4
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    • pp.395-410
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    • 2012
  • For historical and political reasons, South Korea (hereafter Korea), Japan and China have not achieved much progress in regional energy cooperation for decades. However, the rising importance of Northeast Asia (NEA) in the world energy sphere, especially in the global oil market, is providing an opportunity to create an integrated oil market in the region. This study suggests the Northeast Asian Energy Corridor (NEAEC) Initiative as an effective conduit for raising the possibility of the Northeast Asian oil hub project. The NEAEC Initiative combines the model of Europe's Amsterdam-Rotterdam-Antwerp (ARA) with Singapore's AsiaClear as a form of financial collaboration. The study suggests that an electronically integrated Over-the-Counter (OTC) market clearing mechanism accompanied by other key financial instruments among Korea, Japan and China can be an effective means for promoting financial collaboration in the region.

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A Study on Policy Preference to Specialize in Ship Finance for Busan's Financial Hub Function (부산 금융중심지의 선박금융특화를 위한 정책 선호도 분석)

  • Lee, Jai Min;Yang, Jongseo;Lee, Kihwan
    • Journal of Korea Port Economic Association
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    • v.29 no.4
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    • pp.97-117
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    • 2013
  • Despite the fact that Korea is ranked No. 1 in shipbuilding industry, it has encountered limitations in providing domestic ship finance. Therefore, there has been an increased demand for expanding ship finance through domestic financial institutions, which has been mostly discussed by political communities. In particular, the city of Busan has shown its keen interest in the vitalization of ship finance and proposed a plan to specialize in ship finance to promote the financial hub function. In this regard, we investigate the preference of Busan city for several effective policy options that can support the ship finance. Our investigation was carried out by opinion leaders of Busan city through AHP (Analytic Hierarchy Process) method. Our results show that Busan city has a strong preference for the establishment of a Ship Finance Corporation which provide policy finance with ship industry only. This is different from preferences of the government and ship finance market.

The Eligibility of Busan Port as A Hub Port in North East Asia

  • Eui, Hong
    • Korean System Dynamics Review
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    • v.5 no.1
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    • pp.111-126
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    • 2004
  • Many countries in the North East Asia are competing with each other in order to become a centre of international logistics activities. The competition to become a hub port in Far East region is now fierce. The anticipated investments on improving port facilities and attracting the mega carriers are immense for all the ports in the region and the extent of the effort could cripple the local ports and region's economy given the limited financial resources. It is, however, impossible to avoid the disastrous possibility that the massive investments could be channeled into the port, which will never become a hub port, as no port is ready to currently admit defeat and settle as a small regional port. In an attempt to minimise such disastrous waste of resources, ports need to verify the eligibility of their own. This paper tests a system dynamics model using the Port of Busan to understand and illustrate the principle guideline of investment decision making for ports.

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One Response from the South: Singapore's Efforts at Developing Hub Functions

  • Ho, Kong-Chong
    • Journal of the Korean Regional Science Association
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    • v.15 no.2
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    • pp.103-116
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    • 1999
  • As Asia becomes increasingly integrated economically, opportunity particularly in managing financial flows, as bases to coordinate regional production networks, and as staging points for the penetration of new markets. The paper argues for a path-dependent logic to understanding the efforts of the Singapore State in hosting hub functions. As a city-state without a national economic hinterland, Singapore's response to increasing business costs and regional competition has been to create a set of policies designed to encourage multinational companies to keep administrative control functions in Singapore while moving the more labour and land intensive production functions to nearby Malaysia and Indonesia. An understanding of the competition among cities in the Asia Pacific for hub functions must also take into account corporate strategy within particular industry dynamics. The second half of the paper provides a number of case studies to show this interplay between corporate strategy, industry dynamic and government policy.

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