• World Technopolis Review
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• 제8권1호
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• pp.21-42
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• 2019

The purpose of this research was to investigate the factors influencing global expansion/scalability of Kenyan Small and Medium Enterprises (SMEs). Factor analysis and multiple/multivariate regression analysis to determine the functional relationship between independent variables (factors) and the dependent variable was used. The independent variables were: innovation & technology, fitness/appropriateness of management, global marketing strategy; and support environment and the dependent variable, global expansion/scalability. Data was collected from a survey of randomly selected firms of 205, drawn from a population of 440 firms from Kenya Manufacturers Directory, with 175 firms responding. The key findings from the research in relation to Kenyan SMEs were that: there is a functional relationship between global market strategy and global expansion; there is a functional relationship between innovation and technology orientation and global expansion, there is no significant functional relationship between supportive environment of firms and their global expansion; and there is no significant functional relationship between fitness/appropriateness of management and global expansion/scalability. The implications for practice is that the ranking of the factors in order of priority supports focusing concern on the orientation of business strategy toward global market strategy, market research geared at obtaining foreign market intelligence, innovation and technology, product adaptation, service orientation, collaborative ventures, and long-range vision as key factors in making Kenyan firms successful in the international market. The implication for policy and practice is that there is need for collaboration between industry and government in pursuing policies for global expansion/scalability and among SMEs and large enterprises particularly in areas of rapid technological change.

• 무역상무연구
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• 제44권
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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.

• East Asian Economic Review
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• 제18권2호
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• pp.143-161
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• 2014

This paper examines the effects of global liquidity expansion on advanced and emerging economies by using panel VAR methodology. The results show that global liquidity expansion tends to boost economy by increasing GDP growth and stock prices. However, we find that the effects are asymmetric. The effects of global liquidity on GDP and stock prices are greater and more persistent in emerging economies than in liquidity recipient advanced economies. Moreover, global liquidity appreciates emerging economies' exchange rates more persistently than those of advanced economies. Lastly, while global liquidity expansion increases foreign portfolio investment inflows to Asian countries and liquidity recipient advanced economies, there is no evidence for Latin American countries.

• Journal of Astronomy and Space Sciences
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• 제27권4호
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• pp.359-366
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• 2010

In this study, we developed a global ionosphere model based on measurements from a worldwide network of global positioning system (GPS). The total number of the international GPS reference stations for development of ionospheric model is about 100 and the spherical harmonic expansion approach as a mathematical method was used. In order to produce the ionospheric total electron content (TEC) based on grid form, we defined spatial resolution of 2.0 degree and 5.0 degree in latitude and longitude, respectively. Two-dimensional TEC maps were constructed within the interval of one hour, and have a high temporal resolution compared to global ionosphere maps which are produced by several analysis centers. As a result, we could detect the sudden increase of TEC by processing GPS observables on 29 October, 2003 when the massive solar flare took place.

• 유통과학연구
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• 제11권12호
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• pp.25-37
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• 2013

Purpose - The structure of retailing has changed as retailers develop markets in response to business environment changes. This study aims to analyze the general situation of retailers in order to predict future global strategy using case studies of overseas expansion strategy and the Metro Group's global strategy. Research design, data, and methodology - The backgrounds to the new retail business model and retailer classification are analyzed as theoretical data. In addition, the key success point of the Metro Group's "cash and carry" strategy is analyzed as is the Metro Group's global CFAR (collaborative planning, forecasting, and replenishment) strategy. Finally, the plan for cooperation and precise forecasting under the Metro Group's supply chain management are analyzed from the promotion environment viewpoint. Related materials analyzed included the 2012 annual report, the Metro Group's web page, and a video interview with the executive in charge of global strategy and the new market development department. Some data were revised to avoid disrupting essential aspects of the case studies. Results - The important finding was that the Metro Group could be a world-class retail company with its successful global expansion strategy. The Metro Group's global strategy's primary goal is to have a leading business position in Eastern and Western Europe. The "cash and carry" strategy is highest priority in its overseas expansion strategy. Moreover, the Metro Group has standardized product planning capacity, which could be applied in various countries with different structural and cultural backgrounds. This is the main reason that the Metro Group could rapidly become successful in the Eastern Europe and Asian markets through its structural overseas expansion strategies. In addition, the Metro Group emphasizes the importance of supply chain management. Conclusions - First, retailers should create additional value through utilizing the domestic market, market power, and economies of scale to launch a global strategy to maximize benefits from diversification. Second, the political, economic, and cultural background of the target country needs to be understood to successfully implement the overseas expansion strategy. Third, the main factor of successful cooperation with a local partner is how quickly the company gains total understanding of the business resources and core competence of its partner. All organizations should focus on the achievement of goals in order to successfully operate the partnership. Fourth, retailers should improve their business, financial and organizational structure. Moreover, the work processes and company culture should also be improved to respond strongly in the competitive global market. Fifth, the essential point of a successful retail business is the control capacity of its branding and format. The retailer could avoid forecasting errors through supply chain management by perfectly distributing the actual amount of its inventory. In addition, the risks along the supply chain are effectively shared between the supply chain partners. Finally, the central tendency of the market is to gain in strength with this taking place across all parts of the business.

• 소성∙가공
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• 제23권3호
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• pp.164-170
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• 2014

To predict the deformation and fracture during tube expansion using the finite element (FE) method, a material model is considered that incorporates the damage evolution due to the deformation. In the current study, a Rice-Tracey model was used as the damage model with inclusion of the hydrostatic stress term. Since OFHC Cu is not significantly affected by strain rate, a Hollomon flow stress model was used. The material parameters in each model were obtained by using an optimization method. The objective function was defined as the difference between the experimental measurements and FE simulation results. The parameters were determined by minimizing the objective function. To verify the validity of the FE modeling, cross-verification was conducted through a tube expansion test. The simulation results show reasonable agreement with the experiments. The design for a minimum diameter of expansion tube using the FE modeling was verified by a simplified tube expansion test and simulation results.

• International Journal of Internet, Broadcasting and Communication
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• 제16권1호
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• pp.269-279
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• 2024

The study explores the evolving landscape of overseas expansion strategies by Korean corporations, focusing on recent geopolitical tensions, the COVID-19 pandemic, and disruptions in global supply chains. It emphasizes the challenges faced by industries producing high-value products and delves into the concept of "Friend-Shoring" policies in the United States, leading major Korean companies to invest in local semiconductor, battery, and automotive factories. Recognizing the potential fragmentation of Korea's manufacturing sector, the paper introduces the "Mother Factory" strategy as a policy initiative, inspired by Japan's model, to establish core production facilities domestically. The discussion unfolds by examining the cases of major companies in Japan and the United States, highlighting the need for Korea to adopt a mother factory strategy to mitigate risks associated with friend-shoring policies. Inspired by Intel's "Copy Exactly" approach, the paper proposes a Korean mother factory model integrating smart factory technology and digital twin systems. This strategic shift aims to enhance responsiveness to geopolitical challenges and fortify the competitiveness of Korean high-tech industries. Finally, the paper proposes a Korean Mother Factory based on smart factory concepts. The suggested model integrates smart factory technology and digital twin frameworks to enhance responsiveness and fortify competitiveness. In conclusion, the paper advocates for the adoption of a comprehensive Korean Mother Factory model to address contemporary challenges, foster advanced manufacturing, and ensure the sustainability and competitiveness of Korean high-tech industries in the global landscape. The proposed strategy aligns with the evolving dynamics of the manufacturing sector and emphasizes technological advancements, collaboration, and strategic realignment.

• 한국지리정보학회지
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• 제18권2호
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• pp.105-119
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• 2015

포화상태인 국내 공간정보산업시장을 확장하기 위해서는 해외 진출이 필수적이나, 현재의 공간정보산업 해외 진출 방식은 시장 확장에 한계를 보이고 있다. 산업 간 융합을 통한 공간정보산업 해외 진출은 인접 ODA 재원을 활용한 해외 진출을 가능하게 하고 국제 경쟁력을 보유한 산업과의 융합을 통한 선진국 진출을 가능하게 할 수 있다는 점에서 시장 확장의 대안이 될 수 있다. 본 연구는 이러한 산업 간 융합 방안을 수립하기 위해 먼저 복수의 해외 국가에 대한 상세 현황 조사를 수행하여 개발도상국 및 선진국의 수요를 분석하였다. 수요 분석 결과 산업 간 융합을 위해서 는 융합 용이성, 표준에 기반한 정보의 보안성, 열악한 인프라 극복, 다양한 수요 대응체계, 유지 보수체계의 마련이 필요하다는 것을 밝히고 이러한 수요를 충족시키기 위한 기술적/방법론적/법제도적 융합 기반을 모색하였다.

• 한국산학기술학회논문지
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• 제16권6호
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• pp.3769-3777
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• 2015

포화상태인 국내 공간정보산업시장을 확장하기 위해서는 해외 진출이 필수적이나, 현재의 공간정보산업 해외 진출 방식은 시장 확장에 한계를 보이고 있다. 산업 간 융합을 통한 공간정보산업 해외 진출은 인접 ODA 재원을 활용한 해외 진출을 가능하게 하고 국제 경쟁력을 보유한 산업과의 융합을 통한 선진국 진출을 가능하게 할 수 있다는 점에서 시장 확장의 대안이 될 수 있다. 본 연구는 이러한 산업 간 융합 방안을 수립하기 위해 적합한 산업을 분석하였다. 분석 결과 산업간 융합을 위해서는 융합 용이성, 정보의 보안성, 열악한 인프라 극복, 다양한 수요 대응체계, 유지 보수체계의 마련이 필요하다는 것을 밝히고 이러한 수요를 충족시키기 위한 융합 기반을 모색하였다. 융합 기반은 클라우드 기반의 공간정보 융합 공통 프레임워크, 공간정보-타 산업 간 융합 모델 및 융합 상품의 해외진출 지원체계로 구성하였고, 각각의 구성 방안을 제시하였다.

• Journal of the Korean Data Analysis Society
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• 제20권6호
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• pp.3087-3099
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• 2018

기업의 글로벌 네트워크는 지속적으로 변화하는 양상을 보이고 있으며, 국제 전자상거래의 확대 및 마켓 중심 글로벌 공급사슬관리(GSCM) 변화로 글로벌 거점으로 성장될 수 있는 국가를 전략적으로 선정하여 진출하고 있는 상황이다. 본 연구의 목적은 지난 10년간 우리나라 기업의 해외진출 국가현황 분석을 통해 우리나라 기업의 글로벌 네트워크 변화의 추이를 분석하여 우리나라 기업의 입장에서 중요한 해외진출 대상국가를 제시하고, 우리나라 제조 물류기업을 중심으로 해외 진출 대상 국가의 차이를 분석하여 기업간 시너지 효과를 만들 수 있는 전략을 제시하는 것이다. 제조 물류 기업별 진출희망 국가간의 우선순위는 차이는 있는 것으로 분석되었다. 물류회사는 독일에 진출하는 것을 가장 우선적으로 희망하였으며, 제조기업은 멕시코에 진출하는 것을 선호하였다. 국내 제조 물류 관련 기업은 규모의 경제 및 범위의 경제를 달성하고 글로벌 경쟁력 확보를 위해서는 해외시장 진출을 통한 볼륨과 네트워크 확보의 필요성을 인식하고 있으며 제조업체의 니즈를 반영한 해운을 포함한 물류관련 기업의 해외시장 동반 진출은 우리나라 기업의 해외진출을 용이하게 하여 국제경쟁력을 제고할 수 있는 방안이 될 수 있으며, 신 성장동력 확보 및 서비스 역량을 제고할 수 있는 방안이다.