• Title/Summary/Keyword: Greenfield Method

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The Entry Modes Strategy in FDI: Expansion of Korean Retailers into China and Indonesia

  • Kang, Min-Jeong;Kim, So-Hyung
    • Journal of Distribution Science
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    • v.12 no.7
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    • pp.45-51
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    • 2014
  • Purpose - This study aims to explore the success of Lotte Mart in the global market, as well as examining the factors related to its entry methods. Research design, data, and methodology - This study analyzed the differences between Lotte Mart and E-mart in terms of their market entry methods, based on references and secondary data. This study is based on qualitative research that analyzes actual cases. Based on the results, this study analyzed and discussed actual cases based on references and secondary data, including newspaper interviews on Lotte Mart. Results - Lotte Mart succeeded in adapting to local markets it did this by ensuring the use of both mergers and acquisitions (M&As) and greenfield methods. In contrast, E-mart utilized only greenfield methods. Conclusions - The findings of this study may not be generalized to all industries, as only Lotte Mart was examined using the case analysis method. Therefore, the successful market entry modes of various companies should be explored in terms of FDI.

An Analysis of the Impacts of FDI Types on CO2 Emissions - Focus on Scale Effects and Technique Effects - (FDI 유형별 CO2 배출량에 미치는 영향 분석 - 규모효과와 기술효과를 중심으로 -)

  • Hwang, Yun-Seop;Park, Junghoon;Lee, Sang Whi
    • International Commerce and Information Review
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    • v.17 no.3
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    • pp.379-402
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    • 2015
  • The purpose of this study is to determine whether there is a significant difference in impacts decomposed into scale effects and technique effects on $CO_2$ emissions between Greenfield FDI and M&A FDI flows into Korean manufacturing sectors, ultimately leading to clarify the relationship between FDI and environmental pollution. To this end, the research constructed a simultaneous model to analyze coincidental relationship of influence and interactions between each variable. Archival data, spanning the 15 years period from 1995 to 2009, is industry-level panel data on 13 Korean manufacturing sectors, and it is empirically analyzed with three-stage least squares (3SLS) method. Key findings can be summarized into two parts. First of all, Greenfield FDI has a greater impact on increasing industrial gross output, resulting in more $CO_2$ emissions than M&A FDI through scale effects. Secondly, technique effects of FDI have a bigger impact on $CO_2$ emissions than scale effects, implying that this inflow of FDI into Korea contributes positively to the reduction of $CO_2$ emissions. These findings are expected to play a meaningful role in establishing FDI policies with consideration of the environment by giving the implication that different incentives for each FDI type should be considered to maximize the effect of environmental protection.

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The Influence of Reduction of Vertical Stress on the Behaviour of Piles Subjected to Negative Skin Friction (수직응력의 감소가 부마찰이 작용하는 말뚝의 거동에 미치는 영향)

  • Lee, Cheol-Ju
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.29 no.1C
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    • pp.33-39
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    • 2009
  • Vertical soil stress near a pile subjected to negative skin friction (NSF) may be reduced due to shear transfer at the pile-soil interface. A three-dimensional finite difference analysis has been performed to clarify the influence of vertical and horizontal stress reductions on the pile behavour. In addition, a simple equation has been proposed to estimate vertical stress reduction of the soil near the pile. The vertical and horizontal stresses are reduced by substantial amount compared to corresponding stress components at the Greenfield condition. The horizontal extent of vertical stress reduction of the soil near the pile is rather limited to about up to 4-8 D, where D is the pile diameter. The findings from the current research indicate that widely used $\beta$-method may result in over-estimation of dragload (compressive force on piles due to NSF) and hence stress reduction needs to be incorporated in the original equation.

Safety Security Method and Onboard Design for Inter-operation between CBTC, ATC Train Control System (CBTC, ATC 열차제어 시스템 간 상호운행을 위한 차상장치 설계 및 안전 확보 방안)

  • Lee, Jae-Ho;Oh, Sea-Hwa;Park, Jong-Moon;Lee, Key-Seo
    • The Journal of the Korea institute of electronic communication sciences
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    • v.10 no.8
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    • pp.875-882
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    • 2015
  • Recently, An introduction of communication based train control system both into greenfield and brownfield of urban transit network has been actively reviewed. However, since a number of line sections and rolling stock depots tends to be constructed based on track circuit for various reasons, necessity of inter-operation between two distinct train control system (CBTC, ATC) increases. Therefore, we propose a design of on-board signalling device that allows inter-operation of CBTC and ATC lines and a method to secure safe connection between these two lines without derailing point machine.

Pulmonary Thromboendarterectomy for Pulmonary Hypertension Caused by Chronic Pulmonary Thromboembolism (만성폐색전중으로 인한 폐동맥고혈압 환자에서 시행한 폐동맥내막절제술)

  • Song Seung-Hwan;Jun Tae-Gook;Lee Young-Tak;Sung Ki-Ick;Yang Ji-Hyuk;Choi Jin-Ho;Kim Jin-Sun;Kim Ho-Joong;Park Pyo-Won
    • Journal of Chest Surgery
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    • v.39 no.8 s.265
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    • pp.626-632
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    • 2006
  • Background: Pulmonary hypertension caused by chronic pulmonary embolism is underrecognized and carries a poor prognosis. Medical therapy is generally unsatisfactory and palliative. With the improvement of operative technique and postoperative management, pulmonary endarterectomy has been the treatment of choice for this condition. Material and Method: Between January 2001 and December 2005, eleven patients were received pulmonary endarterectomy. All patients had chronic dyspnea and exercise intolerance. Diagnosis was made with cardiac echocardiography, lung perfusion scan and computed tomography. Before the operation, Greenfield vena cava filter were placed in all patient except one. Deep hypothermic circulatory arrest was used for the distal-most portion of the endarterectomy procedure. More than moderate degree of tricuspid reguirgitation was repaired during operation. Result: There was no early and late death. Right ventricular systolic pressure was reduced significantly after operation from $91{\pm}21$ mmHg to $40{\pm}17$ mmHg on echocardiography (p=0.001). NYHA class and tricuspid reguirgitaion were improved postoperatively. Although mild reperfusion injury in three case and postoperative delirium in one case were observed, all of them recovered without complication. Conclusion: Pulmonary thromboendarterctomy offers to patient an acceptable morbidity rate and anticipation of clinical improvement. This method is safe and effective operation for pulmonary hypertension caused by chronic pulmonary thromboembolism.