• Title/Summary/Keyword: Growth Management

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Korean telecommunication industry : where we are now and how to go from here (우리나라 정보통신산업의 기술수준 측정과 예측에 의한 기술개발전략의 수립)

  • 황규승;박명섭;한재민;정종석
    • Korean Management Science Review
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    • v.10 no.1
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    • pp.41-58
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    • 1993
  • This research analyzes the level of technological growth in Korean telecommunication industry and suggests a technology development strategy. Comparative analysis of technological growth with the advanced countries was performed based on a new technology classification scheme. Technology indices were calculated by applying Analytical Hierarchy Process(AHP). The result of the AHP was put into forecasting models to have a glimse of future growth pattern and to suggest a long-term development strategy for telecommunication technology.

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A Study on Determinants of Growth of Social Commerce : Roles of Social Media and Customer (소셜커머스의 성장요인 분석 : 소셜미디어와 소비자의 역할)

  • Choi, Sungho;Park, Kyung Min
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.3
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    • pp.71-86
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    • 2013
  • This research explores the question how interactions between customer and firm affect firm growth. To test suggested hypotheses, this study collects data on social commerce industry in Korea during the period from the beginning of social commerce industry in Korea, May 2010, to March 2012, and investigates the effect of social media on the growth of social commerce firms. We suggest two hypotheses in this study. First, as web traffic inflow through social media into a focal social commerce increases, the growth rate of the focal social commerce increases. Second, the more diverse social media channel through which web traffic inflows into a focal social commerce, the weaker the positive effect of web traffic inflow on the growth rate of the focal social commerce. Analysis of data shows that inflow through social media is positively related to the growth of social commerce. In addition, our analysis shows that inflow channel diversity weakens the positive relationship between web traffic inflow through social media and growth rate of social commerce firms. These results suggest that firms need to concentrate on few social media in order to attract customers. The study contributes to understanding how interaction between firms and customers influences the growth of the firm.

Empirical Study on Inter-Firm Diffusion and Firms' Performance for Win-Win Growth Culture in Supply Chain

  • Kim, Kyung-Tae;Lee, Jung Seung;Kang, Namshin
    • Journal of Information Technology Applications and Management
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    • v.22 no.1
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    • pp.153-163
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    • 2015
  • The purpose of this study is to investigate the relationship among factors that expand the win-win growth between domestic finished goods-making manufacturers and subcontractors. One-hundred twenty six firms participated for this study and were used for the data analysis. As a result of analysis, first, it was found that the win-win growth between first-tier suppliers and second-tier suppliers has positive effects on the win-win growth made by second-tier suppliers helping the third-tier suppliers. Second, it was found that the win-win growth policies supported by the government for the positive relationship between first-tier suppliers and second-tier suppliers for the finished goods-making manufacturers have positive effects on the win-win growth between second-tier suppliers and third-tier suppliers. Third, the results also showed that the win-win growth between second-tier suppliers and third-tier suppliers has a positive influence both on the financial and on the non-financial performances of the second-tier suppliers. Based on the results of this study, it is recommended to (1) construct infrastructure by sector through partnership between finished goods-making manufacturers and subcontractors, (2) draw in active support through the governmental win-win growth policies, (3) induce increasing productivities through information sharing, manpower support, technical support and educational support, and (4) strengthen and cultivate the culture of the small- and medium-sized companies.

The Effect of E-Business on Firm's Growth and Profitability in the Distribution Industry (e-비즈니스의 유통기업 성장성 및 수익성 기여 효과분석)

  • Baek, Chul-Woo
    • Journal of Distribution Science
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    • v.15 no.1
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    • pp.123-130
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    • 2017
  • Purpose - This research aims to examine the effect of e-business adoption on firm's growth and profitability in the distribution industry. The value added from the distribution industry acts as the cost of other industries. As the distribution industry develops, its stage becomes shorter and the distribution margin becomes smaller. Therefore, e-business is expected to have a different effect on the distribution industry than other industries. Research design, data and methodology - The previous research generally used e-business adoption as an independent variable and firm's performance as a dependent variable. This study elaborated the model using a dynamic panel model that includes the performance variable of the previous year as an independent variable. By employing system GMM (Generalized Method of Moments), the endogeneity problem in the dynamic panel model can be solved. For the analysis, I extracted the distribution companies as the raw data in the National Statistical Office's Business Activity Survey over the period 2006 to 2012. Results - The growth rate of firms adopting e-business was 0.299%p higher than that of the non-adopter. However, only ERP (Enterprise Resource Planning), KMS (Knowledge Management System) and SCM (Supply Chain Management) contributed positively to the growth rate. In the case of profitability, it was 0.04%p higher than the distribution companies that did not adopt e-business. ERP and LMS (Learning Management System) improve profitability, while SCM reduces profitability. Consequently, while ERP improves both growth and profitability, SCM improves growth but reduces profitability. In addition, KMS improves firm's growth only, and LMS does only profitability, showing that each e-business has a differentiated effect. Conclusions - Since the distribution industry has different characteristics from manufacturing and other service industries, the introduction of e-business may not guarantee the growth and profitability of distribution companies. Careful introduction considering the characteristics of the distribution industry is required. In particular, it is necessary to select an e-business meeting the characteristics and needs of a distribution company, and thereafter, it is required for the company's own efforts to internalize it within the system.

Innovation Space Driving Business Growth of Semiconductor Enterprises: A Case Study of South Korean Samsung's Investment in China

  • Nam, Eun-Young;Wang, Xiao-Long
    • Journal of Korea Trade
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    • v.24 no.6
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    • pp.37-60
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    • 2020
  • Purpose - The purpose of this study is to investigate the direct and indirect impact of innovation space factors on the growth of semiconductor enterprises. Design/methodology - This empirical study uses the financial statements of 83 semiconductor listed companies in 23 provinces from 2004 to 2019 approved by CSRC (2019). A stepwise regression and backward regression are employed in order to examine the role of innovation space to expand technology investment in promoting business growth and uses South Korean Samsung's investment in China as a test case. Findings - Results indicate that innovation space, technology input, geographical area, owner's background, operating years and financing liabilities all contribute to a boost in business growth. Factors such as carbon emission, financial liberalization, government efficiency, technology input, and financing liabilities further influence management growth. Innovation space follows a nonlinear pattern, and this plays a positive role in magnifying the influence of technology on management growth. Additionally, operations of the state-owned companies and expansionary financing enterprises are influenced by the external economy. Regarding the spatial distribution, the Samsung investment in 24 companies in China shows that Samsung focuses on the acquisition of scarce resources for semiconductor production as a component of its investment and innovation strategy. Originality/value - Even though prior research has considered the concepts studied here, this study contributes to empirically evaluate the direct impact of innovation space on business growth, and the indirect impact of innovation space on business growth through technology investment. This study includes an in-depth discussion of the practical effects that innovation space has on China's economy, using a case of South Korean Samsung's investment in China as a test the empirical findings.

Research on Index Configuration of Urban Growth Management -31 cities and Counties in Gyeonggi Province, Korea- (도시성장관리 지표설정에 관한 연구 -경기도 31개 시 군을 평가 대상으로-)

  • Jo, Jae-Kyung;Lee, Dae-Jong;An, Jae-Hong;Lee, Myeohg-Hum
    • The Journal of the Korea Contents Association
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    • v.14 no.10
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    • pp.754-775
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    • 2014
  • At the point of growth management, weighted values for the each index have been calculated by applying AHP method based on the interview. With calculated weighted values, an example assessment had been performed on Gyunggi area, a typical place where urban growth management is needed urgently, and intended to provide applicable implications by analyzing them when establishing the means of the urban growth management plans. The result of this research is presented in order of the weight values highest to lowest as below: 'preventing disordered urban sprawl', 'protecting taxpayers', 'promoting efficient urban development' and 'improving the quality of life'. When applied to Gyunggi area, the results are in similar patterns: 'preventing disordered urban sprawl (11 cities)', 'protecting taxpayers (11 cities)', 'improving the quality of life (5 cities)' and 'promoting efficient urban development (4 cities)'. To build the well-balanced urban growth management plans, two factors must be in consideration as well as with others, 'Improving quality of the life' and 'promoting efficient urban development'. Furthermore, the result of the index in this research can provide a guidance to local governments of provinces and cities to build their urban growth management plans in the future.

Franchise Business Analysis and Forecast Using Franchise Contract Management Leverage in Chicken·Coffee Franchise Brands (프랜차이즈 계약관리레버리지를 활용한 프랜차이즈 기업의 성과 분석과 전망 -치킨·커피 프랜차이즈 브랜드를 중심으로-)

  • Lee, Sung-Hee;Lee, Sung-Hoon
    • The Korean Journal of Franchise Management
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    • v.6 no.2
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    • pp.67-85
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    • 2015
  • This study attempts to measure the performance of franchise brands using the Enterprise Contract Management(ECM) and Franchise Contract Management Leverage(FCML). The data were collected from 14 chicken franchise brands and 16 coffee franchise brands. This research suggests some implications as follows. Chicken franchise brands are confronted with the slow growth, but coffee franchise brands still have the potential growth. According to FCML, as well, it shows that chicken franchise brands should focus on qualitative performance through franchise store management to achieve sustainability, and coffee franchise brands need the managerial strategies to maximize franchisees' sales profit, which leads increasing franchisor's business performance ultimately.

Green Six Sigma for Green Growth Implementation (녹색성장 실행을 위한 그린 6시그마)

  • Kim, Dong-Chun;Hong, Sung-Hoon;Shin, Wan-Seon
    • Journal of Korean Society for Quality Management
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    • v.38 no.4
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    • pp.521-530
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    • 2010
  • Global regulatory pressures relating climate change and environmental responsibility are asking companies to find out the best way for sustaining their continuous business growths. It could be known that inadequate management for environmental issues are bad for business, negatively affecting brand image, causing unnecessary losses and costs for environmental preservation. For this reason, environmentally conscious green business growth has been recognized as an essential requirement for a company to stay in business. Many companies are looking for green business opportunities of improving their environmental and financial results, and struggling with how green fits into their business. In this paper, the Green Six Sigma, an environmentally conscious Six Sigma methodology, is presented as a way to find solutions for green growths. The Six Sigma is known as a disciplined, data-driven approach and methodology for achieving world-class performance in any process from manufacturing to transactional. In chronological order, the Six Sigma has been evolved from Motorola's quality-oriented methodology to GE's cost-oriented lean approach, and is being evolved and developed as an environment-oriented green growth approach. There is no doubt that the Green Six Sigma, as an engine of green growth, is a power tool for achieving competitive business performance and reducing the impact on the environment.

Implementation of a Regression Analysis System for the Control of Supplying Halibuts (넙치 공급량 조절을 위한 회귀분석 시스템 구현)

  • Ahn, Jinhyun;Kang, Jungwoon;Kim, Mincheol;Park, So-Young
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.26 no.2
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    • pp.321-324
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    • 2022
  • The Korean halibut farming industry suffer from price instability and demand decrease due to various environmental and social issues. It is urgent to predict the appropriate amount of halibut production. However, it is not easy for employments working in the halibut farming industry to handle statistical tools in order to perform the prediction. In this paper, we implemented a Excel-based regression analysis tool that allows users to get a regression analysis result by just entering historical data in a sheet. Our tool will reduce workloads of employments working in the halibut farming industry by enabling them to perform a regression analysis with Excel on-the-fly. This study expect that by using the tool the halibut farming industry cope actively with the real-time change in the industry.

Estimating Leaf Area Index of Paddy Rice from RapidEye Imagery to Assess Evapotranspiration in Korean Paddy Fields

  • Na, Sang-Il;Hong, Suk Young;Kim, Yi-Hyun;Lee, Kyoung-Do;Jang, So-Young
    • Korean Journal of Soil Science and Fertilizer
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    • v.46 no.4
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    • pp.245-252
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    • 2013
  • Leaf area index (LAI) is important in explaining the ability of crops to intercept solar energy for biomass production, amount of plant transpiration, and in understanding the impact of crop management practices on crop growth. This paper describes a procedure for estimating LAI as a function of image-derived vegetation indices from temporal series of RapidEye imagery obtained from 2010 to 2012 using empirical models in a rice plain in Seosan, Chungcheongnam-do. Rice plants were sampled every two weeks to investigate LAI, fresh and dry biomass from late May to early October. RapidEye images were taken from June to September every year and corrected geometrically and atmospherically to calculate normalized difference vegetation index (NDVI). Linear, exponential, and expolinear models were developed to relate temporal satellite NDVIs to measured LAI. The expolinear model provided more accurate results to predict LAI than linear or exponential models based on root mean square error. The LAI distribution was in strong agreement with the field measurements in terms of geographical variation and relative numerical values when RapidEye imagery was applied to expolinear model. The spatial trend of LAI corresponded with the variation in the vegetation growth condition.