• Journal of Korea Trade
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• 제23권5호
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• pp.87-101
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• 2019

Purpose - This paper examines the effectiveness of the foreign exchange risk insurance system in the promotion of SME exports in Korea. The purpose of this study is to analyze the short-term and long-term responses of SME exports to foreign exchange risk insurance support policies. Based on these empirical studies, we would like to present some operational improvements to the operation of the foreign exchange risk insurance system. Design/methodology - In order to analyze the effect of exchange risk insurance on the exports of SMEs, a VAR model consisting of foreign exchange risk insurance underwriting values, export relative price, and domestic demand pressure, including export volume, was established. The study began with tests of the stationarity of time series data. The unit root tests showed that all concerned variables were non-stationary. Accordingly, the results of the cointegration test showed that the tested variables are not cointegrated. Finally, an impulse response function and variance decomposition analysis were conducted to analyze the impulse of foreign exchange risk insurance on exports of SMEs. Findings - As a result of estimating the VAR (1) model, foreign exchange risk insurance was found to be significant at a 1% significance level for SME' export promotion. In the impulse response analysis, SMEs' export response to the impulse of foreign exchange risk insurance showed that exports gradually increased until the third quarter, and then slowed down. However, the impulse did not disappear, and appeared continuously. Originality/value - This study analyzed the effect of foreign exchange insurance on exports of SMEs by applying the VAR model. In particular, this study is the first to analyze the short-term and long-term effects of foreign exchange risk insurance on exports of SMEs. The empirical evidence in the current study have a policy implication for the policy authority to support and promote the foreign exchange risk insurance in the effect of exchange rate volatility on Korea' export SMEs.

• 임상간호연구
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• 제20권3호
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• pp.267-278
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• 2014

Purpose: This study aimed to examine the differences in Korean nurses' cultural competence perceived by nurses and foreign patients in a general hospital. Methods: The study participants were recruited from outpatient clinics and wards in H General Hospital located in Busan. Cultural competence was measured by the Cultural Competence Scale for Korean Nurses, consisting of 4 subscales: cultural perception, cultural knowledge, cultural sensitivity, and cultural skills. Data were collected from March 31 to April 30, 2014 by distributing and collecting a self-administrated questionnaire set. Data of the 90 foreign patients and 90 nurses were analyzed using PASW statistics 18.0 for independent t-test and ANOVA. Results: The level of cultural competence of Korean nurses perceived by foreign patients was significantly higher than that of nurses. On the cultural awareness dimension, nurses rated themselves more highly than foreign patients did while ratings on the dimensions of cultural knowledge and cultural skill were the opposite. Conclusion: This study indicates that there was a statistically significant difference in the perception of nurses' cultural competence between nurses and foreign patients. The findings can be used for developing education programs to enhance nurses' cultural competence, integrating the perspectives of foreign patients.

• 문화기술의 융합
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• 제6권1호
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• pp.121-133
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• 2020

본 연구에서는 최근 가장 성공적인 벤처육성 사례를 보이고 있는 미국, 이스라엘, 독일, 핀란드, 중국의 벤처육성 정책을 살펴보고 이들 중 국내 벤처 발전을 위해 유용한 모델, 적용이 용이한 모델, 적용에 적합한 모델, 그리고 국내 적용이 적합한 이유와 부적합한 이유를 파악하고 이를 통해 국내 벤처육성과 발전을 위한 정책적 시사점을 도출하려 하였다. 연구방법은 '전문가 합의법'이라 불리는 델파이 조사 기법을 활용하여 50명의 벤처전문가 패널을 대상으로 연구를 실시하였다. 델파이 조사 연구결과 핀란드의 벤처육성 정책이 유용성, 용이성, 적합성에서 가장 높은 평가를 얻었다. 핀란드처럼 민,관,산,학,연이 유기적인 활동을 통한 벤처생태계를 구축하는 것이 국내 벤처 정책에 최우선적으로 필요한 것으로 분석되었다. 또한 예전의 한국에서 실시한 정부 주도하에 민간이 따라오는 벤처 육성 정책은 더 이상 적합하지 않는 것으로 분석되었다.

• 법제연구
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• 제53호
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• pp.553-591
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• 2017

본 글에서는 소위 '사기에 의한 외국재판'의 승인이 민사소송법 제217조 제1항 제3호의 공서양속에 반한다고 볼 수 있는지, 만일 그와 같이 본다면 구체적 요건은 무엇인지 검토하였다. 그 결론을 간단히 정리하면 다음과 같다. '사기에 의한 외국재판'의 승인은 우리의 절차적 공서에 반하기 때문에승인이 거부되어야 한다. 이때 '사기에 의한 외국재판'의 승인이 우리의 절차적 공서에 반하는지 여부를 심사하는 것이 실질재심사금지의 원칙을 고려했을 때 허용될 수 있는지 문제되는데, 위와 같은 심사의 과정에서도 실질재심사금지의 원칙이 전면적으로 적용되므로 실질재심사금지의 원칙에반하지 아니하는 경우에만 위와 같은 심사가 가능하다. 이와 같이 심사가가능한 경우는, 피고가 외국의 재판절차가 진행되는 동안에는 사기의 증거를 제출할 수 없었던 경우와 피고가 외국재판에서 증거 없이 사기의 주장을 하였지만 외국법원에서 받아들여지지 아니하고 재판이 종결된 후에 새로운 증거가 발견된 경우로 볼 수 있다. 그리고 '사기에 의한 외국재판'의 승인이 우리의 절차적 공서에 반하는지 여부를 결정하기 위한 구체적 요건은 공서양속의 엄격해석의 원칙을 바탕으로 다음과 같은 네 가지로 볼 수있다. (1) 사해의사가 존재할 것 (2) 기망에 의하여 피고의 소송관여를 방해하거나 허위의 증거제출을 동반한 허위의 주장으로 법원을 기망하는 등 부정한 방법을 사용하였을 것 (3) 외재적 사기로 인하여 피고가 절차에 참여하지 못하거나 내재적 사기로 인하여 외국법원이 실제의 권리관계와 다른내용의 판결을 하였을 것 (4) 피고의 절차적 기본권이 근본적으로 침해됨으로써 외국재판의 효력을 존중하는 것이 정의관념에 반하여 이를 도저히 묵과할 수 없는 사정이 있을 것. 위와 같은 결론은 대법원 2004. 10. 28. 선고2002다74213 판결과 많은 차이가 있는데, 무엇보다 내재적 사기와 외재적사기를 구분할 필요가 없고 '사기에 의한 외국재판'의 심사와 실질재심사금지의 원칙은 상호 충돌관계에 있는 것이 아니라 공존관계에 있다는 점에서큰 차이가 나타난다. 이러한 점에서 향후 대법원 판례의 변화를 기대하며본 글이 학계와 실무계에 조금이나마 도움이 되기를 바란다.

• KDI Journal of Economic Policy
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• 제29권1호
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• pp.79-112
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• 2007

대외개방의 진전은 해외로부터의 실재적 경쟁(actual competition)과 잠재적 경쟁(potential competition)을 동시에 촉진할 수 있다. 경쟁정책을 집행하는 데 있어 지금까지 경쟁당국은 국내시장에서 수입품이 차지하는 비율, 즉 실재적 해외경쟁만을 고려해 온 경향이 있으며, 잠재적 경쟁에 대한 고려는 상대적으로 적었던 것으로 판단된다. 본 논문은 수입침투율의 국내시장조건에 대한 동태적 반응을 잠재적 경쟁의 측정지표로 사용하여 해외로부터의 잠재적 경쟁이 한국의 산업별 시장구조에 따라 어떤 차이를 가지는가를 살펴보는 것을 목적으로 하고 있다. 동태적 패널모형을 이용한 실증분석의 결과, 해외로부터의 잠재적 경쟁이 유의하게 존재하며, 이는 국내시장구조가 상대적으로 독과점화되어 있는 경우 보다 강하게 나타난다는 것을 발견하였다. 이러한 결과는 국내시장구조만으로 경쟁의 정도를 파악하는 데에는 한계가 있으며, 따라서 경쟁정책의 왜곡을 줄이기 위해서는 해외부문과의 잠재적 경쟁을 적절히 반영하는 것이 필요하다는 것을 시사해 주는 것이라고 할 수 있을 것이다.

• 한국시스템다이내믹스연구
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• 제13권1호
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• pp.159-182
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• 2012

Strategic decision on the execution of national security improvement project is greatly important for the present and future national security. Though, the importance of strategic decision, decision making process has been executed under one-way thinking framework. This research provides a decision-making tool with make-or-buy approach for the national security improvement policy execution methods: foreign purchase and military R&D project, and, via simulation, confirms dynamic change of military capability index respect to change in ratio of foreign purchase and military R&D. A result shows that current ratio of foreign purchases and military R&D is insufficient for national security improvement policy goal. Applying the model from this research provides an appropriate ratio for short term and long term defense strategy and policy goal, and consequent result of increase in national security capability. Thus, this research model can be effectively utilized for national security improvement project.

• East Asian Economic Review
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• 제20권2호
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• pp.229-275
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• 2016

We study the effect of the high-skilled emigration rate on the growth rate of the source countries. We incorporate the foreign direct investment and the policy variables into the panel model and also their interactions with the high-skilled emigration rate, as they are related to the network externality that may be created by the high-skilled emigrants working abroad. We apply the static fixed-effects model and compare it with the results obtained in the dynamic panel model with system generalized methods of moments estimators. We find the negative effect of the high-skilled emigration rate by itself and in its interaction with the foreign direct investment only in the dynamic model. However, we find positive coefficient for the interaction of the high-skilled emigration rate and the civil liberties index, which holds across the static and dynamic specifications. This implies that the effect of the high-skilled emigration rate on the growth rate of the source countries can be positive, and the extent is larger for countries with 'poor' civil liberties. The developing countries with low levels of foreign direct investment inflows and 'poor' civil liberties can best benefit from the high levels of skilled emigration outward. Through finding significant interactions with other variables, we confirm that the high-skilled emigration should be considered along with other related variables in measuring its impact on growth. The implications offer suggestions for the international trade and aid policies.

• 동아시아경상학회지
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• 제3권1호
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• pp.8-16
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• 2015

In the later quarter of the twentieth century, the need for foreign capital is realized among the various countries of the world. Developing countries especially developed multi-pronged strategies to attract foreign capital into the country. One such strategy is the adoption of liberalization policy. Almost all the developing countries started opening their economy, out of the compulsion, to achieve faster rate of economic growth and development. Even a communist country like China adopted liberalization policy as a strategy for accelerated economic growth during 1979. India also joined the race by 1991, when the government announced the policy of liberalization. The importance of FDI extends beyond the financial capital that flows into the country. The huge size of the market in this sector and high returns on investment are two important factors in boosting FDI inflows to power sector. 100 percent FDI is allowed under automatic route in almost all the sub sectors of power sector except the atomic energy. Major foreign investment is made in this sector during 2000 to 2009 is Mauritius with an investment of US$ 4490.96 i.e., 4.24 percent of the total FDI inflows into the country during the period. The estimation of future FDI flow shows a marginal decline in the year 2010. Then from 2011 to 2015 onwards upward trend of FDI was observed.

• Asian Journal of Innovation and Policy
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• 제7권1호
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• pp.150-177
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• 2018

We review two specific risk management strategies of venture capitalists (VCs): deal syndication and domain specialization with respect to their explicit role in adjudging and managing the overall magnitude of information asymmetry risks. These are analyzed for three distinct categories of VC firms as classified by their funding stage focus (early vs. late), ownership type (foreign vs. domestic) and the human capital composition of the core VC team (entrepreneurial vs. investor). The analysis is based on both secondary data and primary data for active 72 VC firms in India. Syndication is moderately important for entrepreneurial VC firms, but not at all important for early-stage focused and foreign VC firms. This finding is distinctly different from what has been conventionally observed in the literature. Among the various arenas of domain specialization, high-technology focus is important for all segments of VC firms. In the context of investment-stage focus, foreign VC firms exhibit growth-stage specialization, while entrepreneurial VC firms concentrate on earlier investment stages.

• 한국중재학회지:중재연구
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• 제12권1호
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• pp.3-54
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• 2002

When the ruling of Foreign Arbitral Awards contradicts the public policy of the enforcement state, it can be a ground for a refusal to enforce the ruling. New York Convention V section 2, UNCITRAL section 36, and Korean arbitration law section 36 confirm this principle. The final ruling of international arbitral awards should be respected according to the international convention or the principle of reciprocity, which cancel out the above principle: when the ruling contradicts the country's public policy, it can be refused to enforcement. Since the Helsinki General Convention, ILA have studied upon it and presented the final report and recommendation during the 2002 New Delhi General Convention. In it, firstly, the finality of awards rendered in the context of international commercial arbitration should be respected save in exceptional circumstances. Secondly, every state is recommended the “international public policy”, on which it can refuse to follow the ruling of international arbitral awards, and advised to respect it as far as possible.