• Title/Summary/Keyword: Human Asset

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Buyer and Supplier Collaboration Strategy for Development and Production in the Korean Auto Industry

  • Park, Tae-Hoon;Kim, Il-Gwang
    • Journal of Korea Trade
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    • v.23 no.2
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    • pp.14-33
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    • 2019
  • Purpose - This paper aims to articulate determinants of inter-organizational cooperation based on to the extent to which inter-organizational tasks are related to product development and production processes. Design/Methodology - This research conducted OLS regression analysis based on the data acquired from questionnaire survey in Korean auto industry. Findings - Our analysis has verified that complementary and compatible resources, as well as physical and human asset specificities, positively affect inter-organizational product development cooperation. Conversely, in the production process, only complementary resources positively affect inter-organizational cooperation, whereas compatible resources and physical asset specificity have a negative influence. The changing characteristics of compatible resources (with IT innovations and AI), and physical asset specificity (influenced by a rising need to reduce production costs), cause inter-organizational cooperation in production to decrease. Originality/value - This research attempts to expound upon these determining factors of inter-organizational cooperation by considering both complementary-compatible resources and asset specificity in product development and production simultaneously. The reason why the impact of complementary-compatible resources and asset specificity on inter-organizational cooperation is critical in understanding the determinants of inter-organizational cooperation is that the attributes of complementary-compatible resources and asset specificity in production have changed drastically due to the continuing diffusion of IT innovations and AI (Artificial Intelligence).

Conceptual Study for Asset Management Framework Construction of Railway Infra Structure System (철도시설물에 대한 자산관리체계수립을 위한 개념 연구)

  • Lee, Jee-Ha;Park, Mi-Yun;Lee, Jong-Kun;Park, Man-Ho;Jung, Dae-Ho
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.2473-2478
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    • 2011
  • The asset management of railway facilities is a total framework for finally supporting a safe and comfortable train service, which includes functions of supporting evaluation of condition and performance of infrastructures, making the decision method of repair or rehabilitation of deteriorated facilities, and lengthening the life cycle of structure through the decision of adequate cost and time of repair or reinforcement. In the range of the asset management, organization, human, the target, and information & data of company are included. Therefore, in this paper, appling the method of asset management analysis to the railway structures, the process of the risk assesment using BRE(Business Risk Exposure) and the basis of consisting optimized renewal decision-making are expressed.

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A Study on Supplier Relations, Asset Specificity and Suppliers' Performance in the Korean Auto Industry (한국 자동차 산업의 구매기업-공급기업간 관계 및 자산특유성과 공급기업의 성과에 관한 연구)

  • 서윤주;류춘호
    • Korean Management Science Review
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    • v.16 no.1
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    • pp.115-135
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    • 1999
  • In many industries, competitive advantage is rapidly shifting to the management of suppliers. Especially, in the automotive industry, suppliers' manufacturing performance influences the quality of automobiles which are assembled by motor companies. This study seeks to identify dominant types of supplier relations and to Examine suppliers' performance difference according to types of supplier relations. The findings indicate that the supplier's production performance in the cooperative relationship is higher than that of the suppliers in the other relationships . And then this study examines the relationships between interfirm asset specificity and suppliers' performance. The findings indicate that the greater the interfirm human asset cospecialization and physical asset specialization, the higher the supplier's market and production performance.

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An Analysis on the Project of Creating a Village by Utilizing Assets in a Rural Area - Focused on the Project for a New Cultural Space Creation- (농촌지역 유.무형 자산을 활용한 마을 가꾸기 사업의 추진현황 분석 - 신문화공간조성사업을 중심으로-)

  • Jeon, Yeong-Mi
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 2011.04a
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    • pp.197-202
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    • 2011
  • The purpose of this study was to investigate the current situation of physical and intangible assets, and to analyze the use of planning in a new cultural space creation project areas. For this study, literature survey, filed survey and participant observation methods were used for data collection. The results were as follows. 1) The project's characteristics had a variety of space utilization's scope. It was to emphasize the organizations and participants in the human side. 2) There are the pumping stations, mokgammak, mills, barbershops, marketplaces etc in physical assets, and it was worth the historic or agricultural facility. 3) The using plans of three kinds in hardware facilities, software programs, human ware(human abilities)are linked to each other organically. 4) The problems in the project's process include the administrative and institutional factors rather than planning matters.

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The Impact of Capital Structure on Firm's Profitability: A Case Study of the Rubber Industry in Vietnam

  • CO, Huong Thi Thanh;UONG, Trang Thi Mai;NGUYEN, Cong Van
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.469-476
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    • 2021
  • This study aims to examine and measure the impact of capital structure on the profitability of companies in emerging markets. The research sample includes eighteen rubber companies listed on the Vietnam stock exchange from 2015-2019. After collecting the research data, it was imported into excel to calculate the criteria for the research model. By using Stata 16 software, the study selected a data processing model and evaluated the relevance of the regression analysis model. The research results show that the profitability of listed rubber companies in Vietnam (measured by return on equity (ROE) has a positive relationship with the debt-to-asset ratio but has a negative relationship with the long-term debt-to-asset ratio. The results also show a positive impact of firm size and revenue growth on profitability while liquidity and the ratio of tangible fixed assets to total assets do not affect significantly. These results are consistent with most of the previously published studies. However, in contrast to many previous studies, our study shows that the long-term debt-to-assets ratio has a negative effect on profitability while the debt-to-asset ratio has a positive effect. This is entirely consistent with the characteristics of long-term debt use in emerging markets.

Modeling Community Capacity Building Using Spatial Asset Mapping (공간자산매핑을 이용한 지역사회 능력배양의 모델링에 관한 연구)

  • Liou, Jaeik
    • Journal of the Korean Association of Geographic Information Studies
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    • v.7 no.4
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    • pp.98-108
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    • 2004
  • The concept of community capacity is regarded as the ability of people and communities to do works associated with the determinant factors and indicators of the circumstances of socio-economic, environmental and physical contexts. Building capacity of communities to effectively analyze our problematic issues and planning of community development is often required to scrutinize current status of community of socio-economic and infrastructural capacity development with GIS. We consider community development as a planned effort to build assets that increase the capacity of communities. Spatial asset mapping is the process enabling to identify and make inventories of tangible and intangible assets. This mapping requires developing a capacity inventory that collects individual organizational and community capacities in view of human, socio-cultural, natural, financial, digital, and physical capacity. The purpose of this research is not only designed to suggest a new concept capacity building, but also proposes a more creative framework of asset-based community cap linking to parcel-based spatial asset mapping and capacity mapping process.

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한국 자동차 산업의 구매기업-공급기업간 관계 및 자산특유성과 공급기업의 성과에 관한 연구

  • 서윤주;류춘호
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1998.10a
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    • pp.83-86
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    • 1998
  • In many industries, competitive advantage is rapidly shifting to the management of suppliers. Especially, in the automotive industry, suppliers' manufacturing performance influences the quality of automobiles which are assembled by motor companies. This study seeks to identify dominant types of buyer-supplier relationships and to examine suppliers' performance difference according to types of buyer-supplier relationships. The findings indicate that the supplier's production performance in the cooperative relationship is higher than that of the suppliers in the other relationships. And then this study examines the relationships between interfirm asset specificity and suppliers' performance. The findings indicate that the greater the interfirm human asset cospecialization and physical asset specialization, the higher the supplier's market and production performance.

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Development of an Evaluation System of a LOS-based Balanced Scorecard for Road Infrastructure Asset Management (도로자산관리를 위한 서비스수준 기반 균형성과표 평가체계 개발)

  • Han, Dae Seok;Yoo, In Kyoon;Lee, Su Hyung
    • International Journal of Highway Engineering
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    • v.17 no.3
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    • pp.13-25
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    • 2015
  • PURPOSES : This paper aims at the implementation of a balanced scorecard that can be widely applied to modern business management for use in the public road management sector. METHODS : This study applied the newly developed LOS-based balanced scorecard system instead of a traditional Key Performance Index (KPI) for better decision making in asset management planning. As an evaluation technique, a" hierarchical alignment and cascading method" is also suggested. Finally, the suggested system has been empirically applied to a regional government. RESULTS : To provide stable and sustainable road services, the balanced scorecard informs the regional government of needed improvements in its asset management plans regarding budget optimization, structural management, the development of inner-business processes, and human resources. CONCLUSIONS : An LOS-based balanced scorecard for managing road services and organizations in a quantitative manner has been successfully developed and tested through a field study. The developed scorecard is a timely topic and a useful analytical tool for coping with the new phases of an aging infrastructure, tighter budgets, and demand for greater public accountability.

Digital Asset Analysis Methodology against Cyber Threat to Instrumentation and Control System in Nuclear Power Plants (원자력발전소의 디지털계측제어시스템의 사이버보안을 위한 디지털 자산분석 방법)

  • Koo, In-Soo;Kim, Kwan-Woong;Hong, Seok-Boong;Park, Geun-Ok;Park, Jae-Yoon
    • The Journal of the Korea institute of electronic communication sciences
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    • v.6 no.6
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    • pp.839-847
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    • 2011
  • Instrumentation & Control(I&C) System in NPP(Nuclear Power Plant) plays a important role as the brain of human being, it performs protecting, controling and monitoring safety operation of NPP. Recently, the I&C system is digitalized as digital technology such as PLC, DSP, FPGA. The different aspect of digital system which use digital communication to analog system is that it has potential vulnerability to cyber threat in nature. Possibility that digital I&C system is defected by cyber attack is increasing day by day. The result of cyber attack can be adverse effect to safety function in NPP. Therefore, I&C system required cyber security counter-measures that protect themselves from cyber threat efficiently and also cyber security design should be taken into consideration at concept stage in I&C system development process. In this study, we proposed the digital asset analysis method for cyber security assessment of I&C system design in NPP and we performed digital asset analysis of I&C system by using the proposed method.