• Title/Summary/Keyword: Global Companies

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A Theoretical Investigation on Global Expansion of Shipping Companies (해운기업의 국제진출 동기에 대한 이론적 고찰)

  • Jung, Jun-Sik
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.44
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    • pp.181-210
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    • 2009
  • This paper discusses global expansion and global strategies of shipping firms. Acknowledging the lack of research on global expansion by freight transport companies, this paper employs the resource-focused model, and explores "why shipping companies emerge" and "why the strategic behaviour of shipping companies is different in the global market". Despite there being a plethora of theoretical and empirical studies on the international operations of business organisations, it is acknowledged that researchers have largely neglected the issues regarding the international expansion within the freight transport industry. Identifying the general lack of contemporary studies concerning the international behaviour of shipping firms, this study addresses the important gap in our knowledge in the theoretical manner. The theoretical analysis suggests that the shipping company's internal resources can be a real reason for the international market participation.

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A Study on the Trends of Green Shipping Management Strategies and Policy Suggestions of Global Shipping Companies (글로벌 선사의 Green Shipping 경영전략 동향 조사 및 정책제언 연구)

  • Yeong-Gyun An;Min-Kyu Lee
    • Korea Trade Review
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    • v.47 no.1
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    • pp.63-77
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    • 2022
  • As customer needs for eco-friendly transportation services increase, strategies of major global shipping companies are being established to meet them. Even if logistics costs increase, more and more shippers are choosing shipping companies that fulfill their social responsibilities through decarbonization, and against this backdrop, global shipping companies want to strengthen corporate social responsiveness and reduce shipping environmental costs. In the post-corona era after COVID-19, it is necessary to review the latest Green Shipping management strategies of shipping companies emerging as a new normal for the shipping and logistics industries. This study aims to explore trends in the latest Green Shipping management strategies of global shipping companies pursuing environmental load suppression in the shipping and logistics fields. Among the previous studies, some studies analyzed the green shipping policies of major shipping countries, but they did not deal with the latest policies over time, and few previous study has conducted a fact-finding analysis on the latest Green Shipping management strategies of major shipping companies at the corporate level. This study attempted to analyze securities reports by major domestic and international shipping companies and to present the latest Green Shipping management strategies by shipping companies.

An Empirical Study on Factors Affecting the Implementation of Information Technology in Korean Global Logistics Companies (국제물류업체의 정보기술(Information Technology) 수용에 관한 실증적 연구)

  • Lim, Jun-Hyeong
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.75-95
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    • 2010
  • This paper examined the factors affecting the implementation of information technology in Korean Global Logistics Companies. Nowadays, the spread of electronic commerce using internet demands a large changes doing business with company to company and give that company a change to recognize logistics. To support logistics activity, all kinds of companies are using the computer and are recognized that the efficient using of Cyber Logistics Information will mainly play a roll to strength the companies competition power. We gathered detailed data on our sample companies mainly from publicly available sources : Korea International Freight Forwarder Association (KIFFA), and companies' web sites. A structured questionnaire was used to collect information about: (1) the company (2) To investigate the factors of the three contexts described above on korean Global Logistics companies's electronic trade adoption and implementation. (3) Usage level of electronic logistics. Most of the approximately 70 questions enumerated in the questionnaire were open-ended, which was consistent with our primary objective of developing a conceptual framework that was informed by empirical evidence. This study suggests that top management support and influential power are main factors for the Korean Global Logistics Companies.

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A Study on the Global e-Networking of Trading Companies in Korea (무역업체의 글로벌 경쟁력 강화를 위한 e-네트워크 구축에 관한 연구)

  • Choi, Heung-Seob;Her, Eun-Kyung
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.97-115
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    • 2008
  • This paper is to review how Korean trading companies perform and promote the digital transformation through the e-networking with global market, and how much they extend the volume of export, and make the company grow inward or outward in order to enhance the effects of economic growth in Korea. It is suggested that global agreement on e-Trade(or u-Trade) should be made in order to expand the global e-networking practices and to ensure transferring of transport documents(or business documents). Moreover, it also suggested that networking on the global trading partners such as government authorities, diplomatic offices abroad, overseas Koreans, students studying abroad, Korean merchants abroad, etc. should be made in single window for improving and upgrading the image of Korean trading companies. By making of global e-network platform between overseas business partners, trading companies are able to expect various synergy effects such as improving the satisfaction of their customers, promoting the global transactions, reducing the operation and transaction cost, helping fording overseas buyers, and extending export volume and sales profit, etc. Customers can also obtain the information about trading goods easily and rapidly, and cut down the transaction stage using information exchange with partners. All of the trading partners in the world can maintain their business partnership as long as they use the global e-network.

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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.

Analysis on Targeting Countries for Overseas Expansion of Korean Companies: Focusing on The Difference between Shipping, Manufacturing and Logistics Companies (우리나라 기업의 해외진출 대상 국가에 관한 연구: 제조·물류 기업별 차이를 중심으로)

  • Kim, Sang Youl;Park, Ho;Jang, Hyunmi;Kim, Taehun
    • Journal of the Korean Data Analysis Society
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    • v.20 no.6
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    • pp.3087-3099
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    • 2018
  • Due to the constant changes of companies' global networks, the expansion of global e-commerce as well as the market-oriented global supply chain management, global enterprises are strategically selecting and entering into viable countries able to become global footholds. Therefore, this study aims to scrutinize the trend of changes in the global networks of Korean companies by analyzing the current overseas countries over the past decade. From the analysis, it has been found that there is a significant difference in the priorities of targeting countries among shipping, manufacturing and logistics companies. Logistics companies preferred to enter Germany first while they attached to a lower priority to Singapore. Manufacturing companies had a lower priority to advance to India, while they preferred to advance to Mexico; however, shipping companies were analyzed to prefer to enter the US. In addition, all of these companies identified the importance of securing volume and network by entering overseas markets to achieve economies of scale and scope and to maintain global competitiveness. Joint overseas expansion of manufacturers with shipping and logistics companies can be recommended to facilitate the entry and thus, enhance global competitiveness and service capabilities and also secure new growth engines.

A Fundamental Study on the Analysis of R&D Investment Ratio in Korean and Japanese Construction Companies (한국과 일본 건설기업의 R&D 투자비 분석에 관한 기초 연구)

  • Park, Hwan-Pyo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.343-344
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    • 2023
  • In order to expand its entry into not only the domestic construction market but also overseas global markets, it is necessary to secure technological competitiveness, and as a fundamental measure, it is necessary to increase the proportion of R&D investment and establish and revitalize R&D organizations. Therefore, the purpose of this study is to analyze construction sales and construction R&D investment for global construction companies in Korea and Japan, derive implications, and provide basic data for government policy establishment and global construction company strategy establishment. As a result of analyzing R&D investments in construction companies in Korea and Japan, it can be seen that Japanese construction companies have higher R&D investment costs compared to sales compared to Korea. In particular, the proportion of R&D investment continues to increase year-on-year, strengthening global competitiveness due to technology development. In addition, Japanese construction companies have established a technology research institute to discover and conduct future R&D research such as advanced IT, disaster prevention, and environment.

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An Empirical Study on Factors Affecting Global Single Window Usage and Performance in Korean Export-Import related Companies (한국 수출입관련 기업의 글로벌 싱글윈도우 (Global Single Window) 활용 및 성과에 영향을 미치는 요인에 관한 실증적 연구)

  • Kim, Chang-Bong;Lee, Don-Hyun
    • International Commerce and Information Review
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    • v.15 no.3
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    • pp.87-110
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    • 2013
  • The aim of this study is as follows. The first, What are the most important factors Affecting Global Single Window Usage and its Performance in Korean Trade Related Companies? The factors proposed for this study includes The pressure of trading companies in other country, Support of government, top management support, partnership among (makers distributors, retailers, customs service), education and training We gathered detailed data on our sample companies mainly from publicly available sources : Korea Customs Service. A structured questionnaire was used to collect information about: (1) general fact about the company (size, lines of business, products and services provided, employee, and some financial data about exporting), (2) To investigate the factors of the five contexts described above on korean export-import companies's global single window. The result are as follows. The analysis result revealed that the pressure of trading companies, support of government are influential variables on the affecting global single window in korean trade related companies.

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Developing Global Masterpiece Index and the Evaluation Method of a Masterpiece (글로벌 명품지수와 명품 평가 방법의 개발)

  • Shin, Wan Seon;Ahn, Seon Eung;Park, Sang Ho
    • Journal of Korean Society for Quality Management
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    • v.42 no.2
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    • pp.189-197
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    • 2014
  • Purpose: To reinforce the product competitiveness of Korean small and medium-sized business in the world market. Methods: By clarifying the definition of a masterpiece, developing global masterpiece quality index(MQI) equipped with checklists, surveying several companies and customers, and analyzing the results of the survey via the MQ zone diagram. Results: The results of the survey show the gap between Korean small and medium-sized business and global masterpiece companies in terms of MQI. From this analysis, in order for the surveyed Korean companies to be the world-class ones, the managerial aspects to be improved could be clearly pointed out through the measurement indices. Conclusion: This research would provide Korean small and medium-sized companies, which wish to get on the global masterpiece level, with an objective guideline.

An Empirical Study on the Smart Technology Acceptance and Global Supply Chain Innovation in Korean Small and Medium Trading Companies - Focusing on the Key Technologies of 4th Industrial Revolution - (한국 중소수출입기업의 스마트기술 수용과 글로벌공급사슬혁신에 관한 실증적 연구 - 4차 산업혁명 핵심기술을 중심으로 -)

  • Chung, Jae-Eun;Moon, Hee-Cheol
    • Korea Trade Review
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    • v.44 no.4
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    • pp.169-188
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    • 2019
  • This study aims to analyze the effects of the smart technologies acceptance on global supply chain innovation and export performance in Korean small and medium trading companies. As the world prepares for the advent of the 4th industrial revolution the level of smart technology acceptance by Korean small and medium trading companies has not yet reached the level that is compatible with the change of international paradigm. In this respect, this study aims to promote the acceptance of smart technologies and suggest a need of more practical policy for securing international market competitiveness through innovation of global supply chain structure of Korean trading companies. According to the empirical research results, the smart technology acceptance had a significant effect on both the internal supply chain innovation and the export performance. Also, the external supply chain innovation significantly affected export performance. These results suggested that Korean trading companies need to be more active and positive in accepting smart technology so that they can gain more competitive advantage in the 4th industrial revolution era.