• Title/Summary/Keyword: Human Capitals

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An Empirical Study on the Relationship among Firm Characteristics, Human Resources and Investment Strategies of Korean Private Venture Capitals (한국 벤처캐피탈의 조직상황적 특성, 인적자원 특성 및 투자전략 간의 관계에 관한 연구)

  • Lee, Joo-Heon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.2 no.4
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    • pp.1-17
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    • 2007
  • There are many different types of risk capital competing for deals in the korean entrepreneurial capital market. In the past, even though korean private venture capitalists did not have their distinctive competitive advantages, due to government support and subsidies, they could be survived in the market. However, the government controlled area has changed to a market driven area which emphasizes market forces and competition rather than support and protection. In order to be competitive, Korean private venture capital firms need to recruit high calibre professionals and build required financial skills for wise entrepreneurial investments. The purpose of this article is to analyze the relationships among firm characteristics, human resources, and investment strategies of korean venture capital firms. We can find that the asset size of venture capital firms has a positive effect on the size of their human resources. However, we can not find any relationship between firm characteristics and investment strategies of venture capitals. Even though we find some evidences among some variables, we need to interpret the results very carefully. Further research would be needed to carried out to clarify the disputable interpretations and our understanding of this area.

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A Change of Private Security Labor Market and Countermeasures by Population Aging (인구고령화에 따른 민간경비 노동시장 변화와 대응방안)

  • Park, Su Hyeon;Bae, Du Yeol
    • Convergence Security Journal
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    • v.15 no.1
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    • pp.11-18
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    • 2015
  • Our country is a nation accomplished the economic growth and democracy at the same time on the bases of human capitals. However, the laborers as human capitals are aging as well due to the population aging. These aging phenomena are impacting on our country's economy, society, and through the culture. It seems to increase the proportion of the elderly in the labor market of private security caused by continuously increasing the number of elderly employees in long-term trend and their preferences for the security services. These changes of labor market trend may result various problems including relevant laws and systems, the changes of laborers' ability, increase of crimes and so on. To prevent such potential problems, firstly the limits of maximum working hours of elderly private guards have to be set up, and the rest times for them must be secured. Furthermore, the declines of elderly laborers' abilities have to be reduced through the systematic educations relevant to their jobs to cover the rapidly declining elderly laborers' physical abilities. Lastly, the increase of crimes should be reduced through the education contents to be able to arouse their attentions by extending the time of job training and informing of criminal cases.

Analysing Evaluation Indicators for the Research Institutes in Science & Technology Sector in the Perspective of Intellectual Capital Model (지적자본 관점에서의 과학기술계 연구기관 평가지표 분석)

  • Yi, Chan-Goo
    • Journal of Technology Innovation
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    • v.15 no.2
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    • pp.177-209
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    • 2007
  • This work firstly aims to analyse the balance between tangibles and intangibles as well as among human capital, structural capital and relational capital of evaluation indicators for the research institutes in science and technology sector conducted in 2006, by adopting intellectual capital model. The research question of this work comes from that while the R&D activity can produce both tangibles and intangibles, there have no been methodologies to relevantly measure and rationally judge these, in particular, intangible performance. The result shows that the institute evaluation system in 2006 had given more weight on tangibles and structural capital than intangibles and other intellectual capitals such as human capital and relational capital, in comparison to the past evaluation system, even though, in principle, the current evaluation system has to deal with the intangible research performances as well as tangible ones in economic, social and cultural perspective. Finally, based on these analysis, I will try to suggest some policy directions for overcoming the deficits of indicators in institute evaluation system.

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Intellectual Capital and Innovation Capability: A Strategy for Achieving Competitive Advantage

  • OYELAKIN, Oyekunle;ABBA, Maryam Tijjani;ADAMU, Ahmed;BABAN-MAIRAM, Munir;NA'ANMAN, Sallah Boniface;FAKAH, Henrietta
    • Fourth Industrial Review
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    • v.2 no.2
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    • pp.11-23
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    • 2022
  • Purpose - The ability to meet the high demand for education in Nigeria is lacking, making the region remain backwards in education. Given this reason, the study investigates the role of innovation capability in the relationship between intellectual capital and competitive advantage in tertiary institutions in Nigeria. Research design, data, and methodology - The study is cross-sectional research, a total of 427 questionnaires were administered to respondents. The study distributed its questionnaire across 12 faculties at the University of Ibadan using a random sampling technique. Data were analyzed using ADANCO 2.1.1. Result - The study reveals that human capital, structural capital, relational capital, and innovation capability positively affect competitive advantage. Innovation capability mediates the relationship between human capital and relational capital. However, structural capital was not mediated by innovation capability. Conclusion - The study concludes that intellectual capitals and innovation capability are crucial to maintaining a competitive advantage over their peers. Achieving more significant success in the variables mentioned earlier will help Nigeria's tertiary institutions compete locally and internationally.

A Study on the Influencing Factors of Self-Esteem for Disabled Echo Boomers (에코부머 장애인의 자아존중감에 영향을 미치는 요인에 관한 연구)

  • Lee, Mun Joung;Nam, Jung Hwi
    • 재활복지
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    • v.21 no.2
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    • pp.89-111
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    • 2017
  • The following study aims for analyzing the effects of influencing factors of self-esteem for persons with disabilities in the generation of echo-boomers. 278 disabled people born form 1992 to 1979 among the participants in the $7^{th}$ Panel Survey on persons with disabilities have been selected for ensuring reliability of analyzing this survey. As for the method of research, descriptive analysis, Pearson correlation coefficient analysis, And multiple regression analysis were used for verifying influencing factors of their self-esteem. As the result of the examination which analyzed factors effecting self-esteem of persons with disabilities, self-esteem tends to be increased when academic levels and interpersonal relation skills are increased in the human major human capitals factors. In terms of the factors of Socio-Econimic, self-esteem is likely to be increased when they do not have any experiences of discrimination in their daily lives and when they subjectively feel their socio-economic positions are higher enough. In accordance to the results of this study, strategies of policy and practice in social welfare for the persons with disabilities in the generation of echo-boomers are suggested to include all that factors between human capitals factors and socio-economic factors to increases their self-esteem.

An Analysis of Fashion Design Inspiration Sources for the Creative Advancement of Fashion Industry (패션산업의 창조적 선진화를 위한 패션디자인 발상 분석)

  • Jo, Jieun;Lee, Yhe Young
    • Journal of the Korean Society of Costume
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    • v.66 no.2
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    • pp.90-102
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    • 2016
  • The purpose of this research was to give the basic educational sources that could nurture creative fashion designers for the creative advancement of the fashion industry. After investigating and categorizing the ideation behind designer collections in four fashion capitals - Paris, London, Milan and New York, the materialization of concepts was analyzed in relation to inspiration and design elements. As a result, design inspiration was classified into figures, artworks and art trends, historicity of fashion, regional features, natural objects, artificial objects, abstract concepts, clothing for specific occasions, events, and others. This study found that inspiration for fashion design comes from various fields, and that creative design skills can be nurtured through ideation training using a wide variety of subjects.

A Study on the Effects of Local Campuses of University at Seoul on Regional Development (서울소재대학 지방분교가 지역발전에 미치는 결과에 관한 연구)

  • 권영섭
    • Journal of the Korean Regional Science Association
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    • v.8 no.1
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    • pp.51-66
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    • 1992
  • This paper analyzes: (1) the effects of the population growth in the regions in which the campuses are located (2) the economic effects (3) the social and cultural effects 94) the linkage effects between university and regional community. It is found that the campuses have various effects on the regional community through the human capitals, economic and cultural factors, and educational program. In particular local campuses have substantial impacts on regional economy. Two local campuses have been found to have more regional income effects than manufacturing and service industries do. Thus, it is necessary that the growth of linkage mechanism with universities and induced consumption expenditure by universities should be constructed in the region having local campuses. In order to increase these effects on regional development, much attention should be given to the regional development aspect from university authorities, students, professors, and residents. Also from the national policy point associated with material-moving policy and capital mobility policy in relation to the universities should be estabilished.

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Intellectual Capital Disclosure and Its Determinants: Empirical Evidence from Listed Pharmaceutical and Chemical Industry of Bangladesh

  • Rahman, Md. Musfiqur;Sobhan, Raihan;Islam, Md. Shafiqul
    • Asian Journal of Business Environment
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    • v.9 no.2
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    • pp.35-46
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    • 2019
  • Purpose - The purpose of this study is to find out the intellectual capital disclosure (ICD) and its determinants in the pharmaceutical and chemical industry of Bangladesh. Research design, data, and methodology - This research study is conducted on the listed firms of pharmaceutical and chemical industry in Bangladesh during the period of 2016 to 2017. This study develops a self-structured intellectual capital disclosure index; and the proxies of determinants of ICD are used as board characteristics (board size, independent directors and female directors), ownership structures (institutional ownership and director ownership), and firm characteristics (firm size, leverage and performance). The study uses a content analysis to analyze the extent of ICD and a pooled cross-sectional method to find the determinants of ICD. Research Findings - This study finds that intellectual capital disclosure is positively associated with firm size, leverage, and firm performance and negatively associated with director ownership and institutional ownership. This study also finds that there is no significant association of ICD with independent director or female director. Conclusions - The study recommends that the regulatory authority should develop mandatory guidelines on ICD for ensuring proper and consistent disclosure about the intellectual capitals. Besides, the companies should include a separate section in the annual reports to disclose the measurement and management of intellectual capital.

Assets, Risks and Vulnerability to Poverty Traps: A Study of Northern Region of Malaysia

  • Senadjki, Abdelhak;Mohd, Saidatulakmal;Bahari, Zakaria;Hamat, Abdul Fatah Che
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.4
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    • pp.5-15
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    • 2017
  • The Northern States of Malaysia comprises of four states (Penang, Kedah, Perlis and Perak) still record high poverty incidence eventhough Malaysia has experienced a remarkable reduction of poverty over the past century. Economic activities in Perlis and Kedah that are predominantly agriculture in the rural area contribute to this disparity. To add, rural households are also subject to risks and uncertainties that make them more vulnerable to poverty. This study examines the impact of risks and assets on households' vulnerability to poverty. A survey of 400 respondents was conducted in December 2015 in the northern region of Malaysia. From these 400 questionnaires, only 298 were considered valid and used in the analysis. Using a logistic probability function, the results indicated that risks are not a significant threat to households. Gender and strata are crucial elements that significantly determine households' vulnerability. While human capital and financial capital significantly reduce households' vulnerability to poverty, physical and natural capitals were not statistically significant. The study suggests that the government and practitioners design strategies and policies with an assets-based approach. The asset-based approach is more appropriate for linking the causes of poverty to vulnerability.

Conceptualizing Fashion Capital: An Exploratory Study (패션자본의 개념화를 위한 탐색적 연구)

  • Jin Jeong;Yuri Lee
    • Journal of Fashion Business
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    • v.28 no.1
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    • pp.20-35
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    • 2024
  • The term 'fashion capital' has been used in conjunction with Bourdieu's concept of cultural capital. The aim of the present study was to explore the concept of fashion capital existing independently within the field of fashion. In-depth interviews were conducted with 8 fashion specialists and enthusiasts, seeking to uncover the structures, characteristics, and paths of fashion capital accumulation possessed by individuals with high fashion capital. As a result, fashion capital was broadly categorized into inherited capital, acquired capital, and institutionalized capital. Key components were identified, including inherited capital related to influence of family and childhood environment, acquired capital encompassing fashion activities, fashion knowledge, and ability to appreciate fashion, and institutionalized capital represented by economic benefits transformed from other forms of capitals. Additionally, 13 supplementary elements were identified. These elements could be broadly categorized into inherited, acquired capital, and institutionalized capital, as outlined by Bourdieu. This study initiates an academic discussion on the concept of fashion capital within the domain of fashion consumer research. Findings of this study have potential to provide educational and practical implications for both fashion industry and academia.