• Journal of Korean Institute of Industrial Engineers
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• v.23 no.1
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• pp.223-234
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• 1997

Companies often have to locate their facilities considering competitors' response to their locational decision. One model available in the literature is due to Dobson and Karmarkar, in which a firm has to decide locations so as to prevent competitors from entering the market after the firm's entry. In this paper, we provide new compact binary integer program formulations for their competitive location model and also present an efficient Genetic Algorithm(GA) for finding a (near-)optimal stable set. The GA we propose utilizes a penalty function to handle the feasibility of the problem and modified elitism for better performance of the algorithm. Computational comparisons indicate the superior performance of the GA over the Dobson and Karmarkar's branch and fathom algorithm.

• The Journal of Information Systems
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• v.18 no.3
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• pp.47-70
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• 2009

Social network is one of the representative analytical method of the complexity theory and this research analyzed various and unique strategic alliance model of e-business domain using social network technique. A lot of small and medium firms of e-business field had developed many useful type of strategic alliances for the firms tried to maximize the effect of advertisement, marketing and to make up for their weak points and to compete with huge company with capital strength long before. But it is too rare to analyze the structure of the firm networks and to study the evolution and extension of business model considered the role of each company in the network. Social network analysis helps each firm's network easily visualized and completely modelized. Additionally, this paper cries to analyze the relationship between the role of hub and broke in the firm networks for strategic alliance, and financial performance. We demonstrate the firm with finer business model to the business environment can make higher financial performance. This implies that the firm that can create new finer business model, will lead the network of e-business firms and evolve the industry of e-business.

• International Commerce and Information Review
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• v.10 no.3
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• pp.369-389
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• 2008

The purpose of this paper is to study on relations between alliance types and firm's characteristics in Korean semiconductor industry to prevent trade disputes. The recognition of firms' business strategies tend to be subjective and there is a limitation to use the guiding principles due to subjectivity. If there are additional guiding principles which view strategic alliances in relation to more objective characteristics associated with firms, such as their size, function, scope, and location, they will be useful tools for executives and managers in their business practices. We analyze strategic alliances how firms; external characteristics become decision factors for selecting appropriate forms of strategic alliances. Previous research works with focus on alliance forms are reviewed, then an analytical framework is described with certain categorization of firms' characteristics and alliance forms.

• The Journal of Economics, Marketing and Management
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• v.10 no.6
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• pp.9-16
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• 2022

Purpose: This research investigates the differences in knowledge exchange activities and performances between startups and large companies in software industry clusters. Research design, data, and methodology: Six independent factors of human resource information, R&D and technology, marketing knowledge, government support information, strategic knowledge, and cooperation information were extracted to test the firm size effect in the relationships with two performance factors such as satisfaction with industry cluster location and satisfaction with financial performances. Data were collected through a survey of entrepreneurs, managers, and employees and tested by statistical analysis methodologies. Results: Three independent factors of human resource information, R&D and technology, and cooperation information were particularly significant in the relationship with both dependent factors. Strategic knowledge significantly affected financial performance. Knowledge exchange activities were more important in startups than in large companies for all eight factors. Conclusion: Policies for software industry clusters need a different approach for startups and large companies.

• International Commerce and Information Review
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• v.19 no.2
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• pp.85-107
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• 2017

The aim of this study is to empirically examine fundamental factors that drive FDI to a particular location. This study further explores operating conditions of Korean firms in Myanmar. A survey methodology and then a regression analysis are employed. The study finds that the factors such as transportation, production factor, market, and cost play an important role for the location of FDI. However, the Korean investment in Myanmar decreases from 2013. The decrease of Korean investment implies that investing in Myanmar has not been profitable. The empirical study finds a complicated pattern of FDI. Large Korean firms are located far from the consumer market, thus, bear an increased transport cost to reach the consumer market. They are rather located in a place where they can access to a transport means and raw materials with low cost to export final products. They place FDI into a host country to serve as a production platform for exports to neighboring countries.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.13 no.3
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• pp.93-101
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• 2013

This paper suggests optimal location algorithm of new firm $A(F_A)^{\prime}s$ p(p$B(F_B)$ already operating q outlets of sports in the market. This algorithm selects top q nodes among $V=V{\backslash}F_B$ nodes that covers maximum nodes based on the shortest distance. Then, q nodes choose next node that has a maximum cover with inclusion-exclusion principle. At the time of same number of cardinality in q sets to pre-defined q, we select the maximum cover node set. This algorithm called by competitive algorithm. The competitive algorithm simply decides the optimal location of the outlets p=1,2,3,4 for q=5. Also, we show that the market share of competitive algorithm can be maximize.

• 산업혁신연구
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• v.34 no.2
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• pp.153-186
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• 2018

Technological innovation is a key driver of firm survival and prosperity in a competitive market. Though most economists consider the determinants of technological innovation as firm-level activities, concentrations of innovative performance within particular regions have been observed almost everywhere. We examine if performance of technological innovation for photonics industry in Korea will be affected by different regions as well as firm specific factors. By applying Heckman's selection model, we found that specific regions such as Gwangju and Honam region have significant effects on the probability of obtaining patents, but there is no significant evidence that the location on specific regions increases the number of patents. On the contrary, firms with main plants in the SMA have not only significantly lower chances of obtaining patents but also produce significantly fewer patents than do firms in other regions. The analysis also found that the R&D spending-capital ratio, total employment-capital ratio of firms, and firm location in metropolitan cities are all positively related to the number of patents. As a policy implication, more active cooperation between the R&D cluster and the surrounding firms will be required to enhance the technology diffusion effects from the R&D cluster to innovative activity of the firms. This paper contributes relevant literature by showing empirically that regional location is an important determinant of technological innovation for photonics firms.

• Journal of the Economic Geographical Society of Korea
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• v.8 no.2
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• pp.217-236
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• 2005

This paper aims to analysis the production linkage relationships between large firm and its subcontracting firms, especially focus on the spatial network and collaboration network. For the purpose of it, the division of semiconductor in Samsung Electronics and its most important subcontracting firms are picked up for the case study. The empirical study show that the location distribution pattern of Samsung Electronic's subcontracting firms is concentrated very highly on the Kyeong-Ki Province and Chung-Nam Province in Korea, which is the location sites of Samsung Electronic's key plants as well as the best environment for business in Korea. And the major subcontracting firms seems to be in the hierarchic and vertical relationship with Samsung Electronics rather than horizontal and good collaboration network in this case.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.51
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• pp.29-40
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• 1999

The distribution center location and routing problem involves interdependent decisions among facility, transportation, and inventory decisions. The design of distribution system affects the customers' purchase decision by sets the level of customer service to be offered. Thus the lower product availability may cause a loss of demand as falls off the customers' purchase intention, and this is related to the firm's profit reduction. This study considers the product availability of the distribution centers as the measure of the demand level change of the demand points, and represents relation between customer service and demand level with linear demand function. And this study represents the distribution center location and routing to demand point in order to maximize the total profit that considers the products' sales revenue by customer service, the production cost and the distribution system related costs.

• The Journal of Asian Finance, Economics and Business
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• v.6 no.2
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• pp.173-181
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• 2019

The paper aims to evaluate the combination of strategies that influence the success of New Technology Based Firms (NTBFs) located in isolated areas with resource constraints. We utilize the Kauffman Firm Survey to construct a subset of 224 firms operating in primary metal manufacturing industries and who are located in non-thriving areas. We focus on the impact of technological strategy, in the form of Inward Technology Licensing (ITL), combined with financial strategy, in the form of increased financial slack. Using a negative binomial-specification technique to model these relations, we find that ITL positively impacts internal innovation in the firm and this relation is strengthened by the presence of greater financial slack. This positive impact of financial slack supports the behavioral theory of the firm rather than agency theory in that financial slack enables further innovation rather than stifling it. This research confirms the importance of resource acquisition, suggesting that entrepreneurs may utilize external sources of knowledge in an effort to build a favorable situation when facing the challenges of location. Finally, by presenting evidence showing the compatibility of a financial strategy with a knowledge strategy (ITL), this study emphasizes the importance to entrepreneurs of choosing the proper combination of varying strategies.