• Korea Trade Review
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• v.45 no.4
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• pp.153-169
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• 2020

This study compares and analyzes the effects of GVC participation on export competitiveness in manufacturing and service industry in 36 OECD countries and 28 non-OECD countries. According to the statistical analysis result, the GVC participation had a negative impact on export competitiveness in manufacturing industry, while it had a positive impact in the service industry. In the case of the manufacturing industry, participation toward the backward GVC had a positive impact on export competitiveness before the financial crisis, besides, participation toward the forward GVC had a positive impact on export competitiveness. In the case of the service industry, export competitiveness through forward GVC participation has increased since the financial crisis has occurred, and backward GVC participation was estimated to have a negative impact on export competitiveness. The results of this study implies that, to secure export competitiveness, a converged approach of the manufacturing and service industries to upgrade the global value chain is needed.

• KDI Journal of Economic Policy
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• v.41 no.1
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• pp.1-14
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• 2019

This paper studies whether export diversification mitigated the negative effect of the global financial crisis on exports using the Korean case. Specifically, we use annual data on the exports of 24 Korean manufacturing industries from 2000 to 2016 and examine whether the negative effect of the crisis on exports was less prevalent in industries that were more diversified in terms of country and product. We also examine whether export competitiveness, as measured by the revealed comparative advantage index by industry, had a mitigating effect on trade during the crisis. In order to study these issues, we use panel regression with a fixed-effect model for 24 Korean manufacturing industries. From our empirical analysis, we find that country diversification weakened the negative impact of the global financial crisis on Korea's exports, whereas neither product diversification nor export competitiveness did so.

• International Commerce and Information Review
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• v.17 no.3
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• pp.279-298
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• 2015

This study is intended to grope for a way of strengthening the independent competitiveness of Korean design industry by deducing objective value evaluation factors in design and by closely examining what relation these factors have with the competitiveness of design-specialized company in global markets in order to reinforce the qualitative value system of design, and in order to strengthen the industrial competitiveness of design. First of all, this study defined the objective evaluation factors in design as the quantification of measurement evaluation, the consistency of process, the compatibility of project, and logical persuasiveness, and defined the competitiveness factor in design-specialized company as the reliability and service quality of company, and established a research model. According to the results of test, most of hypotheses were accepted. However, it was understood that the quantification of evaluation didn't have direction effect on the service quality of design-specialized company.

• Journal of Technology Innovation
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• v.12 no.2
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• pp.47-66
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• 2004

The relationship between innovation policies and locational competitiveness has emerged as an important area in the analysis of economic development, reflecting both the centralisation and decentralisation of globalising economic activities. The underlying spatial and institutional components are subject to a pattern of cumulative causation in which strategic interventions of policy actors exercise a decisive role in shaping competitive advantages, while promoting interactions with local and foreign partners both from the private and public sectors. The Singaporean development experience illustrated these strategic interdependencies of innovation policies and locational competitiveness. Based on her role as a manufacturing and service hub, Singapore is viewed as an infrastructural nodal point which is interconnected to global production networks. Paralleling efforts in the domain of technological innovation, Singapore's policies for locational competitiveness aim at an adaptive harmonisation of the needs of international investors with local developmental objectives. This orientation characterises also current efforts in promoting Singapore as a knowledge agglomeration with a distinct science base, expanding R&D operations and an innovation-driven pattern of economic development. In conclusion, the locational rationale of Singapore's innovation policies provides lessons for dealing with the spatial and institutional implications of technological globalisation.

• Journal of Korean Society for Quality Management
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• v.31 no.2
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• pp.207-219
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• 2003

The future will see all industries become technology-driven in the competitive global marketplace. Venture firms with deep technological roots and innovation strategies have some advantages. In this situation, existing methods for technology assessment are not enough to evaluate their relative technology competitiveness. Therefore, a more useful and comprehensive approach is needed to obtain the desired outcomes for measuring the relative competitiveness of technology effectively. In this research, I applied factor analysis, which is methodology to be capable of determining the common factors and associated weights reasonably, to the development of the technology competitiveness indexes.

• Journal of the Korean Operations Research and Management Science Society
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• v.34 no.4
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• pp.1-14
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• 2009

This study empirically tests post-M&A performance through competitiveness variables based on extensive firm-based panel data over the past 26 years in the world steel industry. Different measures of profitability, productivity, efficiency, market share, and growth rate which are considered as critical factors of competitiveness are used in the analysis. In particular, this paper tries to separate M&A samples into two cases; horizontal integration (between steel makers) and vertical integration (between steel makers and iron ore suppliers/steel consuming firms). Merged firms show significant improvement in competitiveness relative to other individual firms in the steel industry.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.12
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• pp.8378-8385
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• 2015

The interest of global competitiveness for national defense industry. This study analyzes the efficiency and productivity of 45 defense companies in each continent(North America, Europe and Northeast Asia, etc.), including Korea defense companies. It is analyzed by Data Envelopment Analysis(DEA) and Malmquist Productivity Analysis over the period 2009-2013(5 years). The sample companies has been selected on the data avilability among the SIPRI Top 100 arms-producing and military services companies in the world(excluding China) in 2013. It extracts the relative efficiency and Malmquist productivity index of companies and each continent. Based on the DEA and MPI results, this paper estimates the global competitiveness and position of national defense industry and extracts implication. This study can be utilized for improvement of national defense industry and policy planning for cultivating the national defense companies.

• Journal of the Economic Geographical Society of Korea
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• v.20 no.2
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• pp.121-136
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• 2017

In this paper, using trade data of 57 HS 4 digit based agricultural and food(agro-food) products among 47 countries during 2005 to 2014, the international competitiveness and trade structure have been analyzed from the context of global networks employing the methods of social network analysis. Firstly, the differences in the network structure by agricultural products have been revealed. The number of disconnected groups was significantly lager in order of vegetables, fruits and processed foods. Secondly, the differences in the community structure by agricultural and food products have been also revealed. That is to say, for some commodities, the community structure has been changed dynamically, on the other hand, there are some agricultural products that have not changed its community structure despite the increasing trends of trade volume. Thirdly, even though the international competitiveness of Korea's agricultural products was still very limited in the sense that only 26 items have been included in the top3 network of 57 agricultural products, there has been possibilities of the increasing patterns of the competitiveness.

• Journal of Digital Convergence
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• v.14 no.3
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• pp.243-250
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• 2016

The importance of platform businesses in the global market is growing, but in Korea, platform businesses with a global competitive edge are rare. This study compared the competitiveness of the local and international platform businesses by analyzing the six success factors of platform businesses. It surveyed 104 professionals in ICT regarding the competitiveness of SNS services (Kakao Talk, Facebook), mobile payment systems (Samsung Pay, Apply Pay), digital content (Naver, YouTube), online shopping (G Market, Amazon) and education (K-MOOC, MOOC). In sum, the local platform business sector, compared to its U.S. counterpart, is lagging behind in creativity, value creation, cost reduction, networking effects and the ability to build, change and develop new ecosystems.

• Journal of Korea Trade
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• v.23 no.7
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• pp.64-82
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• 2019

Purpose - This study's the ultimate goal is to analyze competitiveness improvement on multinational enterprises as firstly providing which factors are to strengthen or weaken competitiveness, secondly investigating if hypotheses development and research design is correct and thirdly finding significant implications for research and practices across country specific advantage. Design/methodology - Using feedback data provided by 250 firms, we extracted variable factors and hypotheses, which were empirically carried out by reliability and validity testing, correlation analysis, path analysis, and confirmatory factor analysis to prove which factors are to make the positive effect on the improvement of overseas subsidiaries' management performance and competitiveness. Findings - Through proceeding empirical analysis study, we found out that technology management capability, knowledge management capability, and local management capability had a statistically significant effect on the improvement of overseas subsidiaries' competitiveness, while linked activity capability revealed a negative effect. Originality/value - During business globalization, overseas investments and establishment of overseas subsidiaries have been essential. It is anticipated that this study results would be meaningful for analysis on multinational enterprises' competitiveness and helpful in promoting their entry into Korean market and enhancing their competitiveness. This paper would also help Korea government develops new FDI model and induce more investment from global major companies to Korea region.