• Title/Summary/Keyword: High-tech Company

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Study on the Effects of CEO compensation in Investment and earnings management (경영자 보상이 투자와 이익조정에 미치는 영향에 관한 연구)

  • Kim, Mi-Sook
    • Management & Information Systems Review
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    • v.34 no.3
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    • pp.179-196
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    • 2015
  • The purpose of this study is to examine the influence of variable cash compensation depending on short-term performances instead of stock compensation for the executives on the investment in tangible assets, investment and R&D, and profit reconciliation. The detailed objectives of the study include, first, to examine the influence of the cash compensation on investment in tangible assets and profit reconciliation depending on the characteristics of the company and, second, to examine the influence of cash compensation on the profit reconciliation of the investment in R&D depending on the characteristics of the company. The results of the analysis in this study can be summarized as follows; Firstly, the result of the positive analysis, as the compensation for the executives increased, by the characteristics of the companies conducted on the significant 'positive' (+) on the investment in R&D and the profits reconciliation showed that the high tech industry and the share ratio of the executives did not show a significant result, while the debt ratio showed a significantly positive result. Secondly, the result of the positive analysis, as the compensation for the executives increased, by the characteristics of the companieson the significant 'positive' (+) of the investment in tangible assets and reconciliation of profits showed that the high-tech industry did not show a significant result, while the hypothesis on the share ratio of the executives and the hypothesis on the debt ratio showed results that are significantly positive as expected. In other words, it can help Korean companies, which have to investment in R&D and tangible assets to increase their competitiveness and promote future growth dynamics, to design a manager compensation system that is appropriate for our country to support efficient investment decision-making.

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Study on Manufacture & Performance of Mixed Soaping & Softening Agent (일액형 복합 소핑유연제의 제조 및 성능 고찰)

  • Lee, In-Yeol;Lee, Jung-Ho;Hwang, Chang-Soon;Kim, Dong-Soo
    • Proceedings of the Korean Society of Dyers and Finishers Conference
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    • 2011.11a
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    • pp.48-48
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    • 2011
  • 국내 염색가공업에 종사하는 중소기업은 약 1,700여개 업체로써, 평균 50억/년 매출을 하고 있으며, 생산의 대부분을 임가공에만 의존하고 있는 실정이다. 이들 염색가공업체들은 섬유제품의 품질 향상 등을 위해 전처리, 염색, 가공이라는 섬유습식공정을 행하게 되는데 그 공정이 따로 분리되어 있어 임가공 업체 입장에서는 시간과 비용 차원에서 비효율적인 면이 존재하여 왔다. 따라서 공정합리화, 원가합리화를 위해 따로 분리되어 있는 위 공정을 통합하려는 시도를 많이 했지만 전처리/염색 공정의 통합에서 일부 성과가 있었을 뿐 효과면에서는 아직 미흡한 실정이다. 또한 가공이란 공정은 그사용 약제의 특수성에 따라 기존 Padding-Drying-Curing이라는 3 step process를 반드시 필요로 하고 있기 때문에 가공 공정의 통합은 시도조차 이루어지지 않고 있는 것이 현실이다. 따라서 염색공정과 가공공정의 통합을 시도하기 위해서는 관련 약제 개발이 출발이라 할 수 있으며 그 첫 대상은 염색 공정의 소핑과 가공공정의 유연처리를 동시에 행할 수 있는 소핑유연제로 선정하려 한다. 즉 셀룰로오스계 섬유의 반응성 염색 후 소핑 공정에서 일액형 소핑유연제, 한가지 제품만을 간편하게 사용해도 소핑효과와 유연효과를 동시에 얻어 후속 유연처리 공정을 생략할 수 있는 것이다. 그렇게 되면 시간적으로나 비용적으로 큰 절감 효과를 가져와 임가공 업체의 부담을 덜어 줄 수 있을 뿐만 아니라 공정 통합을 통해 배출되는 폐수의 양도 상당량 감소시킬 수 있을 것으로 기대된다. 본 연구 결과, 폴리옥시에틸렌 트리데실 에테르 타입의 계면활성제와 개질된 디메틸폴리실록산 계열의 실리콘 오일, 그리고 이들의 상용성을 확보하기 위한 특수 용제 및 첨가제를 최적의 비율로 배합하여 안정한 일액형 복합 소핑유연제를 제조할 수 있었다. 제조된 소핑유연제는 유백색 반투명 액상의 외관을 가지며 pH(10%solution)는 $7{\pm}1$, 고형분은 $13.5{\pm}0.5%$이었다. 이 소핑유연제의 성능 평가결과, 소핑력은 기존의 소핑제와 동등 수준으로 세탁견뢰도 4급이상의 성능을 보였고, 유연성 면에서도 기존의 유연제와 동등 수준으로 평가되었다. 이로써 기존의 분리된 소핑 공정과 유연공정을 개발된 제품을 이용하여 통합할 수 있어 염색현장의 비용절감, 공정단축의 효과를 기대할 수 있게 되었다.

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An Empirical Study on the Korean Photonics Industrial Cluster Effects : Focusing on Absorptive Capacity and Corporate Performance (광주 광산업 클러스터 효과에 관한 연구 : 조직의 흡수역량과 기업성과에 미치는 영향에 관한 실증연구)

  • Bae, Jae-Kwon;Koo, Chul-Mo
    • Journal of Information Technology Applications and Management
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    • v.19 no.2
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    • pp.117-134
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    • 2012
  • Cluster industries are geographically concentrated and inter-connected by the flow of goods and services, which is stronger than the flow linking them to the rest of the economy. Photonics industries are one of the fastest growing high-tech industries in the world today. Especially, the city of Gwangju(South Korea) industrial cluster, a specialized complex in photonics industry, produced remarkable results in developing high-quality technologies since it launched the cluster program in 2005. Gwangju photonics industrial cluster will be ranked top level of the world photonics industry. In this sense, this study is aimed at proposing a new research model in which corporate performance influence factors of photonics industrial cluster (i.e., business environment, cooperative relationship, and industry-university-research institute partnership) affect absorptive capacity positively, leading to corporate performance eventually. This study developed a research model to explain the Korean photonics industrial cluster effects, and collected 91 survey responses from photonics based company managers in industrial cluster complex. To prove the validity of the proposed research model, PLS analysis is applied with valid 91 questionnaires. By employing PLS technique, the measurement reliability and validity of research variables are tested and the path analysis is conducted to do the hypothesis testing. In brief, the finding of this study suggests that corporate performance influence factors of photonics industrial cluster affect absorptive capacity positively, and corporate performance as well.

On the Analysis of Risk Management for a Utility Construction Work in Plant Projects (플랜트 유틸리티 시공에서 리스크 관리에 관한 연구)

  • Han, Ki-Don;Hur, Jin-Huek;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.6 no.1
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    • pp.64-70
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    • 2010
  • From 2000, the world plant market, especially plant developing business related to oil and gas, has been increasing. Domestic construction companies advance to overseas plant construction market actively, and proportioning to this, an importance of utility construction is increasing. However, the project becomes large and high-tech, and many companies experience difficulty of project management due to relatively high risk of overseas construction. In this study, we built the standard process with which domestic company can evaluate the risk of overseas plant utility construction. Primary factors for risk evaluation is derived, classification system is made out, primary factor is analyzed, and counter plan is suggested. And thorough management of risk is performed by risk management organization that manages the risks, risk control methods, reports and monitors through risk sheet and risk action log from the start of project to the end.

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A Study on the Ventilation Method for a Factory with a Sealed Structure

  • Kim, Yeong-Sik;Yi, Chung-Seob;Lee, Dae-Chul;Jeong, Hyo-Min;Chung, Han-Shik
    • Journal of Power System Engineering
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    • v.18 no.6
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    • pp.159-165
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    • 2014
  • On this work, the importance of industrial ventilation was investigated and examined the theoretical point and problems about general ventilation of factory exposed on high temperature during summer. As a case study, the ventilation planning of the printed circuit board (PCB) etching process for an electronic company was carried out and each of those characteristics were compared by installing actual ventilation systems and measuring the changing state of the working environment in accordance with ventilation method during summer. The purpose of the study is to present an efficient ventilation method for a factory with a closed structure under high temperature environment. In summary, for a factory with a sealed structure such as the target PCB manufacturing factory in this study, the forced supply and exhaust method was the most appropriate ventilation method for maintaining a low.

Top Management's Human and Social Capital Effect on Governmental R&D Support System Utilization and Success (최고경영진의 인적 및 사회적 자본이 정부의 R&D 지원제도 활용과 초기 성과에 미치는 영향)

  • Kim, Je-Keum;Hwang, Hee-Joong;Song, In-Am
    • Journal of Distribution Science
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    • v.13 no.6
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    • pp.71-78
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    • 2015
  • Purpose - This study attempts to analyze whether or not there are characteristics among the top management of companies that promote corporate performance at venture companies. It investigates the characteristics of the human and social capital that are inherent in top management at a venture company and conducts an empirical analysis of hypotheses examining if these characteristics will affect utilization of the governmental R&D support system as well as affect the firm's initial success. Research design, data, and methodology - This study conducted theoretical and empirical research together to accomplish the goal of the study. The pilot study researched human capital and social capital as the independent variables; the governmental R&D support system as the parameter; and, the initial success as the dependent variable. The empirical study carried out research on the model, establishment of hypotheses, and the statistical treatment. A survey was conducted targeting top management of high-tech venture companies in Daedeok Innopolis; 500 questionnaires were distributed; and, 222 were collected. Results - The human and social capital inherent in top management at venture companies in the early stages of their existence become good evaluation data for those who are invested in similar resources. If top management includes strong human and social capital, access to external resources will be easier; these will have a positive influence on the selection of overnmental support systems; and, this proper support will also have a positive influence on the initial success of the venture company. The results revealed the following. First, it was found that when the educational level and functional background, (the top management human capital), are the output function, top management human capital had a significant influence on selection of governmental R&D support funds. Second, it was found that the internal social capital and external social capital, (the top management social capital), had a significant influence on selection of governmental R&D support tasks. Third, it was found that selection of the governmental R&D support tasks at the start of the venture company had a positive influence on the corporate financial performance such as sales, business profits, and the increase in workers; and, had a significant influence on nonfinancial performance such as market share, competitive position, product competitiveness, and the future product development. Conclusions - Selection of the governmental R&D support system is not recognized as part of the direct sales of a venture company in its early stages, but as it can reduce costs for technical development and helps significantly in creating test products and mass production, it has a positive influence on the company's financial performance and nonfinancial performance as a result. Therefore, companies should take great efforts to frequently be selected as a candidate in the governmental R&D support system, as it can help facilitate R&D that requires extensive funds. As a result, companies can expect effects such as job creation and patent applications and they can advance future product sales.

A Study on the Relationships among Training Motivation Factors, Employees' Training Satisfaction, and Job Satisfaction in Foodservice Operations (외식업 종사자의 훈련동기요인, 교육만족도, 직무만족도 간의 관계에 관한 연구)

  • Joung, Hyun-Woo;Choi, Eun-Kyong;Kim, Hak-Seon
    • Culinary science and hospitality research
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    • v.18 no.5
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    • pp.165-175
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    • 2012
  • Investment in training by a company can lead to the retention and motivation of its valued staff and promote high self-fulfillment by providing career development. The objectives of this research were (a) to test the perceived satisfaction with a training based on respondents' socio-demographic characteristics, (b) to investigate training motivation factors affecting employees' training satisfaction, (c) to assess how training motivation factors affect the employees' satisfaction, and (d) to indicate the relationship between training satisfaction and the employees' job satisfaction. Additionally, by developing an employees' training motivation model and conducting multiple regression analysis, two types of motivation factors, intrinsic motivation and extrinsic motivation, were shown to be positively related to employees' training satisfaction. Subsequently, this employees' training satisfaction was a significant determinant factor for improving job satisfaction.

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Research on Current Execution of Customer Support Knowledge Management System of Medical Appliances Industry

  • Chung, Yi-Chan;Tsai, Chih-Hung;Tien, Shiaw-Wen;Lin, Lin-Yi
    • International Journal of Quality Innovation
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    • v.8 no.3
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    • pp.46-70
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    • 2007
  • Customer Support Knowledge of Customer Support Organization is one of the important assets of enterprises and "Customer Support Knowledge Management" is also the critical aspect of Business Knowledge Management; however, the attributes of Customer Support Knowledge are complicated, diverse, renewed rapidly and difficult to be managed. Thus, in order to design a successful Customer Support Knowledge Management System, apart from the consideration of "human" and "information technology" aspects, the concerns of attributes and Customer Support Knowledge and industry characteristics should be involved for meeting the requirements of Customer Support Organization and allowing the organization to acquire the competitive advantage of "Differentiation Service". This research used the "Customer Support Knowledge Management System" in a high-tech industry as an example and treated the end users of medical instruments in different types of hospitals in Taiwan which have received the support service of our company in recent six months as the population. The end users were mostly the nursing executives or ultrasonic wave technical personnel in intensive care unit and they had similar educational background and incomes and adopted the medical instruments such as physical supervision system, ultrasonic wave system, heart start or ECG machine produced by our company; the research method was to randomly treat the investigation results of the telephone customers' satisfaction from respective 30 end users in the population three months before and after this system execution as the samples and use hypotheses to validate if the end users' customer satisfaction significantly improved in terms of "Remote Support," "On-site Support," "Service Turn Around time," "Technical Competence" and "Manner" in order to understand the influence and managerial significance of execution of "Customer Support Knowledge Management System" on Customer Support Organization.

R&D Opportunity Technology Selection in Intelligent Video Surveillance Industry (지능형 영상 보안 산업에서 R&D 기회 기술 선택)

  • Kang, Wonho;Choi, Gyunghyun
    • Journal of Korea Technology Innovation Society
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    • v.20 no.3
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    • pp.781-804
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    • 2017
  • Video surveillance industry as a high-tech industry has traits that a pace of source technology development is slow while a pace of application technology development is fast. Unlike domestic companies have shown technological excellence in the field of video surveillance hardware, global leading companies are leading technologies in the field of intelligence video surveillance which would lead the future of the industry. Therefore, technology selection of the domestic companies determines the viability of the company with respect to the terms of market competitiveness reinforcement. In order to achieving this, find out the technology areas where the global leading companies are focused on analysis of global patents. After global patents analysis, identify the status of domestic technologies and analyze the difference between the global leading companies and the domestic companies. Decompose the technologies by element technology-application matrix which is obtained through a panel discussion of domestic SMEs' CTO, CEO, or other experts, they derive the necessary R&D opportunity technologies to ensure the future competitiveness of the company.

A Study on Correlation Analysis between TCB Evaluation Indicator and Technology Rating (기술신용평가기관(TCB) 효율성 제고 및 기업기술력 강화를 위한 평가지표간 상관관계 분석연구)

  • Son, Seokhyun;Kim, Jaeyoung;Kim, Jaechun
    • Journal of Technology Innovation
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    • v.25 no.4
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    • pp.1-15
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    • 2017
  • In 2014, the Financial Services Commission designated the Tech Credit Bureaus(TCB) to issue technical credit evaluation reports. The Five credit rating agencies, KEB Hana Bank and others have issued the technical credit reports since the summer in 2014. Meanwhile, the technology evaluation model of KEB Hana Bank consists of 25 detailed evaluation items. These item classes are weighted and the technology rating is systematically. The technology rating is combined with the credit rating to calculate the technology-credit rating. In this paper, we analyzed the 406 evaluation results issued by KEB Hana Bank. Based on the number of years of work experience, company managerial years, technical personnel score, the possession of R&D department, the amount of R&D investment, the number of certifications, and the number of patents, the Correlation between the above items and the technical grade was analyzed. It was found that quantitative indicators such as the presence of R&D department, patent numbers, and R&D investment expenses had a significant effect on the company's technology grade, and in particular, the presence of R&D department was shown a high correlation with the technology rating.