• Journal of Technology Innovation
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• v.20 no.1
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• pp.169-198
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• 2012

The rapidity at which industrial and business management environment has become globalized, including the FTA, has provided valuable opportunities for domestic small and medium enterprises (SMEs) to obtain global technological business. However, it is unclear whether or not the SMEs' attempt to advance global technological business is producing fruitful results. This study begins with defining global technological business and the efforts of SMEs to develop them and proceeds to discuss survey results that asked the reasoning behind SMEs that entered or wish to enter foreign spheres (China, Japan, Southeast Asia, and Europe) of businesses, and also perform factorial analysis to obtain substantiation. The study classified the relevant SMEs using clustering method. Based on the results, the study makes recommendations to executives in instilling global-minded strategies, on customized support strategies depending on the SME's capability and its intended foreign entry sphere, and on strengthening the SME's competence on the global scale.

• Korean small business review
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• v.42 no.2
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• pp.93-115
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• 2020

Government funded research institutes (GFRIs) maintain a cooperative relationship with companies and stably provide their resources through the family company system. They are thereby implementing a demand-oriented support system that responds to the needs of the company. This study analyzed the changes in corporate financial performance depending on the participation in family company system and customized support. For this purpose, 2,229 companies registered with the KITECH during 2015-2017 composed the "Family company group", and 80 companies that participated in the customized support were selected as the "customized support group". The effect of participation on the corporate financial performance was analyzed using the PSM-DID model. The analysis verified that companies in a cooperative relationship with GFRIs had a higher sales growth rate than others. Furthermore, when these companies received additional customized support, their OI and ROE were significantly improved. The value of this study lies in that it quantitatively analyzed the cooperation performance of partner companies following a sustainable SME-GRI relationship. In addition, it provides insight into the strategic support system for SMEs by confirming the necessity of a customized support based on the relationship.

• Journal of Korea Multimedia Society
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• v.13 no.1
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• pp.111-121
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• 2010

Since SMEs have recognized needs for industrial technique leakage prevention, they tend to construct information security system causing huge consumption of budget, yet they cannot organize information security team to operate integrated information security management system with consistency and it is fact that there only occur instant introductions of certain system. In this study, we designed information security management system for SMEs' industrial technique leakage prevention which is differentiated from those of large enterprises based on current status of SMEs' industrial technique leakage. Specifically we analyzed current status and vulnerability of SMEs' industrial technique leakage and we designed industrial technique leakage prevention management system for SMEs. Then we applied Delphi method to validate appropriateness of study result. We strongly believe that SMEs may estimate a appropriate level of investment on information security and develop countermeasures for control by utilizing this study result.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.38 no.6
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• pp.1001-1012
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• 2018

Regarding the small- and medium-sized enterprises in Korea that manufacture the railway vehicle parts, there are over 250 related companies. And they have been surviving in the form of producing and delivering the parts of the railway vehicles by importing the technologies and the products of the foreign countries rather than possessing their own technological abilities. Due to this, regarding the industry of the core components of the railroads, the dependence on the overseas has been high. As such, although, for supporting the small- and medium-sized enterprises that manufacture the railway vehicle parts, the government has been strengthening the diverse policy supports, it is a fact that the effectiveness of the support is not high. And, in order to effectively support these, there is a need to understand clearly and definitely what the important promotion factors are in the process of the technology commercialization. Accordingly, through the precedent researches regarding the factors that promote the technology commercializations of the small- and medium-sized enterprises that manufacture the railway vehicle parts, this research had extracted 10 main items. And the level of the importance of these indices was analyzed by using the AHP (Analytic Hierarchy Process). As a result of the AHP analysis, the factors within a corporation appeared to be the most important factor. And, as for the lower-ranking item, the commercialization capability was analyzed to be the most important item. It is highly expected that the contents and the results of this research will be usefully used when formulating the planning of the support program and the support policy for the technology commercializations by the public research organizations and the railroad management organization, which is an organization that supports the small- and medium-sized enterprises that manufacture the railway vehicle parts.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.21 no.1
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• pp.7-18
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• 2021

Recently, various connected industrial parks (CIPs) architectures using new technologies such as cloud computing, CPS, big data, fifth-generation mobile communication 5G, IIoT, VR-AR, and ventilation transportation AI algorithms have been proposed in Korea. Korea's small and medium-sized enterprises do not have the upper hand in technological competitiveness than overseas advanced countries such as the United States, Europe and Japan. For this reason, Korea's small and medium-sized enterprises have to invest a lot of money in technology research and development. As a latecomer, Korean SMEs need to improve their profitability in order to find sustainable growth potential. Financially, it is most efficient for small and medium-sized Korean companies to cut costs to increase their profitability. This paper made profitability improvement by reducing costs for small and medium-sized enterprises located in CIPs in Korea a major task. VJP (Vehicle Action Program) was noted as a way to reduce costs for small and medium-sized enterprises located in CIPs in Korea. The method of achieving minimum logistics costs for small businesses through the Korean CIPs payment system was analyzed. The details of the new Korean CIPs payment system were largely divided into four types: "Business", "Data", "Technique", and "Finance". Cost Benefit Analysis (CBA) was used as a performance analysis method for CIPs payment systems.

• Journal of Convergence for Information Technology
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• v.9 no.4
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• pp.88-99
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• 2019

The objectives of this study is to Systematic literature review of internationalization of SMEs. Due to the economic characteristics of Korea, which depends on economic growth by exports, internationalization has become an essential management activity, not an option for SMEs. As a result, more than 400 studies related to the overseas expansion and internationalization of SMEs have been published in the past 20 years, focusing on major academic journals (such as KCI). Accordingly, the research trends used as advance research in internationalization research were analyzed of SMEs. Research targets were defined as the internationalization of SMEs and searched through 'RISS' (Research Information Sharing Service) as 'internationalization', 'global ', 'export', 'overseas expansion' and 'theory'. The analysis was carried out using a Systematic literature review. It was selected as the 76 studies and According to international research subjects and characteristics, the four areas of internationalization motive, process, outcomes, and support were analyzed. The results of the study confirmed that the most active research is focused on internationalization outcomes. This study could provide a support and the parties concerned in the ecosystem of SMEs in Korea with implications for the SMEs overseas market.

• Management & Information Systems Review
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• v.30 no.2
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• pp.133-159
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• 2011

This study was conducted about the various forms of downsizing in small manufacturing firms such as lay-offs, honorary retirement, wage cuts, reduction of assets, merging of organizations with similar functions. Specially the study was conducted among small manufacturing companies to investigate which factors play a role in deciding which method to use. As result, the study found out the form of downsizing varies according to the characteristics of the small manufacturing companies. In other words, it is the size and the growth form of the company which influences the form of downsizing, rather than the management experience of the company. Based on the result of the study, small firms tend to prefer form of downsizing which will have short term or immediate effect, depending on the condition of their organization. Also, this kind of slim down on workforce has positive effect on the management achievement. However, there is also a negative effect on the moral of the members of the organization and the level of concentration in the work field. Therefore, it is better for small manufacturing companies to seek other long term means to increase its' productivity and renovation in management, and avoid method which will have direct effect on the moral of the members.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.4
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• pp.1430-1435
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• 2010

Korea has achieved the current economy growth based on the industrial structure which was focused on large companies. However, small businesses can be of great importance in the national economy and also the information for small businesses can promote improvement in productivity and reinforcement of the capability at a time. Currently the national policy for strengthening information capabilities of small businesses is being confronted with various difficulties including a decrease in a national budget. In this paper I will examine the present policy related to the information for small businesses and draw several issues of it. Based on them, finally I will suggest a new policy direction with three categories, which are diversification of the consumer-directed support policy, efficiency of the performance-oriented support policy and long-term dynamic force for growth.

• Journal of Information Management
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• v.24 no.1
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• pp.21-31
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• 1993

This paper deals with in-house and external information sources available for small and medium enterprises of which information needs become specialized, diversified integrated and massive under circumstance of computer and telecommunication technology. It also presents not only the ways and means of collecting analysing, utilizing various information being aquired from internal and external sources but also adequate condition and application of information, and information system for small and medium enterprises in which resources are relatively short.

• International Commerce and Information Review
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• v.18 no.3
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• pp.181-201
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• 2016

In this study, transaction cost approach was applied to analysis on direct export determinants of SMEs by using key attributes of transactions, asset specificity, environmental uncertainty, frequency and marketing capability, with a parameter of opportunism. Typical Transaction Cost Analysis theory explains that when transaction cost with business channels(whether it is for buy or sell) increase, the firms integrate the channels. So it is a choice made by firms regarding direct versus indirect channels. The theory was extended to a model of choice of institutional form of direct or indirect export by a norm of opportunism in this empirical study. The survey result showed that lower level of asset specificity and marketing capability or higher level of environmental uncertainty were likely to expose indirect exporters to higher level of opportunism of direct exporter. And we also saw that indirect exporters were likely to choose direct export chanel when opportunism of exporters was higher. From the standpoint of theory, we can say that the basic propositions of the Transaction Cost Analysis, except the attribute of frequency, are supported. This study result could provide a profiling of target business areas and firms for government's policy on direct export promotion of SMEs.