• Title/Summary/Keyword: Firm capacity

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Flexural performance of composite beams with open-web π-shaped steel partially-encased by concrete

  • Liusheng Chu;Yunhui Chen;Jie Li;Yukun Yang;Danda Li;Xing Ma
    • Steel and Composite Structures
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    • v.50 no.4
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    • pp.419-428
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    • 2024
  • Prefabricated partially-encased composite (PEC) structural component is widely used in construction industry due to its superior structural performance and easy assembly characteristic. However, the solid web in traditional PEC components tends to split concrete into two halves, thus potentially reduces structural integrity and requires double concrete pouring. To overcome the above disadvantages, a new PEC beam with open-web π-shaped steel is proposed in this paper. Four open-web PEC beams with varying sectional height, flange thickness and web void rate were constructed and tested under flexural loads. During experimental tests, all beams exhibited typical flexural failure modes with strong moment capacities and excellent ductility. Owing to the unique construction form of web opening, steel-concrete bonding properties were enhanced and very small relative steel-concrete slips were observed. Experimental results also showed that the flexural capacity of such PEC beams increased with the increase of the sectional height and flange thickness, while was not affected by the web void rate. At last, a flexural capacity formula of the open-web PEC beam was proposed based on the whole section plastic rule. The formula results agreed well with experimental results.

The Relationship of Absorptive Capacity, Business Model of Blockchain Technology, and Performance in Korean Logistics' Firms

  • Kim, Seong Ho
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.2
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    • pp.201-211
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    • 2021
  • In this paper, we propose that logistics companies will have different business models when using blockchain technology. In addition, it intends to understand the difference in absorptive capacity and performance of logistics companies using blockchain technology. In order to achieve this research objective, this study conducted a survey on logistics companies and analyzed the collected data. Cluster analysis was performed to understand the business model, and ANOVA was performed to understand the significance of cluster analysis. The difference in absorptive capacity and performance was analyzed according to the business model identified through cluster analysis. In addition, PLS analysis was conducted to determine the difference in absorption capacity and performance. The results show that logistics companies have different types of business models in adopting blockchain technology. Logistics companies groups with high degree of development of business models showed high results in terms of absorption capacity and performance level.

Integrated Inventory Allocation and Customer Order Admission Control in a Two-stage Supply Chain with Make-to-stock and Make-to-order Facilities (계획생산과 주문생산 시설들로 이루어진 두 단계 공급망에서 재고 할당과 고객주문 수용 통제의 통합적 관리)

  • Kim, Eun-Gab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.35 no.1
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    • pp.83-95
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    • 2010
  • This paper considers a firm that operates make-to-stock and make-to-order facilities in successive stages. The make-to-stock facility produces components which are consumed by the external market demand as well as the internal make-to-order operation. The make-to-order facility processes customer orders with the option of acceptance or rejection. In this paper, we address the problem of coordinating how to allocate the capacity of the make-to-stock facility to internal and external demands and how to control incoming customer orders at the make-to-order facility so as to maximize the firm's profit subject to the system costs. To deal with this issue, we formulate the problem as a Markov decision process and characterize the structure of the optimal inventory allocation and customer order control. In a numerical experiment, we compare the performance of the optimal policy to the heuristic with static inventory allocation and admission control under different operating conditions of the system.

Firm Characteristics and Modes of University-Industry Collaboration: Cases of Japan and Thailand

  • Pittayasophon, Siriporn;Intarakumnerd, Patarapong;Sumikura, Koichi;Saito, Hiromi;Suzuki, Jun
    • STI Policy Review
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    • v.7 no.1
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    • pp.17-39
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    • 2016
  • Despite the importance of university-industry collaboration, issues pertaining to the characteristics of collaborating firms, their modes of interaction, and the relationship between these modes and outcomes are not well-researched. The impact of country's development on these issues is also unclear. This case study examines Japan and Thailand-respectively representing developed and developing countries-and features the following key findings: 1) the characteristics of firms affect modes, with large Japanese firms being more collaborative with universities, whereas Thai SMEs significantly collaborate more with universities; 2) the relationship between modes in Thai firms is stronger than those of Japanese firms because in Thailand, perhaps due to weak technological capacity, R&D collaboration is conducted alongside university consultancy services; and 3) in Japan, R&D and human resource development collaboration lead to product innovation, whereas different outcomes are expected from different modes in Thailand. Apparently, trivial informal collaborations do have significant impact on innovation.

An Empirical Study about Assessment of the JIT System: on korean semi-production firm

  • Lee, Eung-Kweon
    • International Commerce and Information Review
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    • v.7 no.2
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    • pp.75-94
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    • 2005
  • This study is focused on evaluating the computer-integrated just-in-time (CI-JIT) production system of a semi-conductor manufacturing firm in Korea. Approaching the mid-1980s, the emphasis was on low price, low-cost operations, and quality, especially in USA. American companies have shifted output to low-wage countries like the Philippines, Korea, Japan, Malaysia and allied countries that can make quality products at low prices. Korea and other Asian countries forego short-term profits to gain a solid foothold in a product market, recognizing that larger market share leads to lower cost and higher profit in the long run. They bring manufacturers and suppliers together to improve material management and operation management, using project teams that investigate topics, such as Just-In-Time(JIT)manufacturing, among others. The "Kanban" word means "card" in Japanese, and is used to indicate the desired final delivery schedule. The operation for a particular item produced is scheduled for a specific time. The same process is extended to the external suppliers. More recently, the cards are gradually being replaced by electronic procedures that follow the same concept. Its capacity must be capable of handling the various transactions required by the JIT coverage as well as some allowances for expanded applications.

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Small- and Medium-sized Firms' Internationalization and Performance during a Recession

  • KIM, Yong-Young;KIM, Young Ei;OH, Ka Young
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.341-350
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    • 2020
  • This study aims to verify the relationship between overseas activities and performance of Korea's SMEs during the last financial crisis. Whether overseas activity performance of enterprises differed was determined based on characteristic variables, including the degree of concentration on R&D and marketing. This study also examined how SMEs' international transactions and their performance differed based on internal variable such as the level of stock holding and firm size. This study developed a model for analyzing the relationship between the level of internationalization and performance of Koran SMEs listed in the KOSDAQ. We used firm-level data, including annual reports and various data sources such as the KISVALUE program. To smooth annual fluctuations in accounting data, we used a three-year average from 2006 to 2009 for each variable in the study. The results showed that proactive overseas activities ultimately had a positive effect on an enterprise's performance, even though it initially had a negative effect. Therefore, enterprises should focus their capacity on R&D and marketing environment. Although numerous studies have focused on the relationship between overseas activities and performance of enterprises, the present study analyzed whether enterprises should continuously engage in overseas activities and what capacities they should strengthen during a global economic recession.

A Study for Developing Diagnosis Model of Global Innovation Capabilities of SMEs (중소기업 글로벌 혁신역량 진단 모형 개발 연구)

  • Roh, Dong-Gi;Roh, Hyun Sook;Choi, Yun-Jeong;Seo, Jong-Hyen
    • Journal of the Korea Safety Management & Science
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    • v.16 no.4
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    • pp.295-303
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    • 2014
  • In this paper, due to the instability of the domestic market, global competition is intensifying in the current situation of global capacity building of SMEs for the purpose of developing a diagnostic indicator placed on the purpose. In this model, the results of applying several companies overall global innovation pilot enterprises and non-rated global innovative companies awarded significant difference between the score and the ability to believe the show. Non-global innovation companies, the relative firm size factor and R&D investment and patent number of factors are lacking appeared shone This is a common small business nature of the majority of companies small and R&D investment, the absolute amount is insufficient to reflect that, but the global innovator in the case of firm size and the relatively large amount of investment that never shows.

Dominant Stockholder Illegality and Enterprise Value : Focusing on Korean Firm Cases

  • Kim, Sung Tack
    • Asia Pacific Journal of Business Review
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    • v.1 no.2
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    • pp.17-35
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    • 2017
  • This research is a case study that focuses on how conglomerate illegality and corresponding penalty affects corporate performance and strategy. The research aims to provide base information for policy-makers as well as the general public about the corporate environment. The analysis results can be summarized as follows. First, profitability is represented as an M-curve. Profitability falls from indictment to the final pronouncement of the corporate head and increases upon his or her return. The result suggests that the absence of a corporate head could result in low profitability as the firm is exposed to owner risk. Secondly, significant effects on investment were not found. Investment showed a continuous increase from indictment to final judgment. This could have resulted from investment decisions made prior to the indictment, which are generally long-term. Meanwhile, the rate at which investments rose for core subsidiaries were lower, which makes it reasonable to suspect dwindling executive capacity due to the absence of a corporate head. Thirdly, employment showed a slight increase, but the rate was found to be greater during the periods following the final judgment. From a political perspective, this increase can be inferred from a give-and-take tradeoff between corporate employment and the pardon of the corporate head.

Organizing knowledge ecosystems: The influence of organizational capabilities of platform leaders on multi-firm collaborations for knowledge creation (지식생태계의 조직화: 플랫폼 리더의 조직역량이 지식창출을 위한 기업간 협력의 확장에 미치는 영향)

  • Jung, Dongil;Park, Sangchan;Kim, Bokyung
    • Knowledge Management Research
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    • v.16 no.2
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    • pp.1-27
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    • 2015
  • This paper presents a knowledge-based view of platform-centered collaborations among multiple organizations. Studies of technological innovation and knowledge creation have broadened beyond their initial emphasis on internal development within an organization or simple exchange of ideas between two parties toward complex collaboration among many organizations at the level of platform-based knowledge ecosystems. Platforms serve as an interface between different groups of producers and consumers in a variety of multi-sided knowledge markets such as smartphone operating systems and video games industries. This study is an exploratory examination to offer theoretical understanding of how the organizational capabilities of platform leaders help expand a network of platform participants. The growth of platform participants is particularly important in the early stage of any platforms as the concept of network effects suggests that the platform with the largest number of participants will capture entire markets. Building upon organization studies and network economics theory on multisided markets, this paper focuses on the role of platform leaders in expanding platform-based collaboration. In our view, platform leaders develop varying levels of three organizational capabilities to discern quality of potential participants, to attract them to actually participate in collaboration, and to maintain long-term exchange relations in the ecosystem. We suggest that the capabilities of platform leaders will have a positive effect on the expansion of platform participants to secure network effects, and also examine several contextual factors that moderate the relationship between a platform leader's capacity and platform expansion.

A Study on the Coordination Mechanism of Agri-food Cluster Network -A Case Study on Muan Loess Sweet Potato Cluste- (농식품클러스터 네트워크의 조정 메커니즘에 관한 연구 -무안황토고구마클러스터를 중심으로-)

  • Nam, Gi Pou
    • Journal of the Economic Geographical Society of Korea
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    • v.18 no.2
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    • pp.206-223
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    • 2015
  • Korea government has established 67 agri-food clusters for 10 years. In recent years, the criticism of this policy has significantly increased due to trials and errors. The purpose of this study is to suggest some policy implications for the focal firm and governance mechanism through the case study of Muan Loess Sweet Potato Cluster. The concept of netchain was used as an analysis framework. Muan Loess Sweet Potato Cluster doesn't operate an integrated production organization and focal firm doesn't exercise its influence as well. The cluster agency, focal firm of Cluster, is important for a Agri-food Cluster to grow continuously. it must have a great influence on organizing networks and an enough capacity for forming coordination mechanism. Also, Local governments must actively be involved in the network formation and coordination and inform the vision and plan for development.

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