• Journal of Information Technology Applications and Management
• /
• 제20권2호
• /
• pp.39-56
• /
• 2013

There have been many studies that open innovation activities have positive effects on firm performance. However, the previous studies have shown conflicting results, depending on the characteristics of companies or the timing of the product launch. This study empirically compares open innovation performance of first-mover companies and follower companies. The analyses are performed on the samples of the Korean Innovation Survey 2010 companies that explored external information and performed R&D cooperation. The results indicate that open innovation activities can have different effects depending on a company's status in the market. For the first-mover companies, the intensity of utilizing external information has greater impact on the firm's performance than the diversity of it. By contrast, for the follower companies, the diversity of utilizing external information has greater impact on the firm's performance than the intensity of it. In terms of R&D cooperation, the external cooperation is found not to have significant effects on a first-mover company's performance. However, external R&D cooperation of a follower company is showing positive impact on the firm's performance. The implication of the study is to analyze the firm's Open-Innovation performance by comparing first-mover companies with follower companies. Therefore, companies need to execute the Open-Innovation strategy by considering firm characteristics or the timing of the product launch.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권3호
• /
• pp.399-409
• /
• 2021

This study examines whether oil and gas companies comply with the requirements of the International Financial Reporting Standards (IFRS) 6 on Exploration and Evaluation (E&E) of Mineral Resources. For this purpose, a comprehensive checklist divided into eight different parameters was prepared by including every requirement of IFRS 6. While building on the previous studies, the annual reports of the top five Indian and top five Global companies engaged in this business have been investigated in detail against the checklist using content analysis as the research method. Results show that a majority of the companies (both Indian as well as global companies) have not been complying with the requirements of IFRS 6. In five out of eight parameters the companies have not complied with even half of the requirements. The overall compliance ratio is as low as 41.54 percent and 43.68 percent for Indian and Global companies respectively. While analyzing the non-compliance, it has been observed that despite having distinct accounting standards, different kinds of companies are reporting differently. Thus, it is not in line or consistent with the goal of IFRS i.e., to establish a universal language for the companies to prepare the accounting statements. The research findings identify the exact area of non-compliance while citing the relevant paragraph number of IFRS 6.

• 한국IT서비스학회지
• /
• 제12권4호
• /
• pp.91-108
• /
• 2013

In this study, we empirically examine cross-sectional determinants of IT personnel size of Korean listed companies from year 2004 to year 2009. Also, cross-sectional determinants of IT personnel size involved in managing internal control over financial reporting (hereafter, "ICFR") were examined. IT personnel or IT workers are recognized as critical intangible resources comprising firm's IT capability. Although IT personnel are regarded as important resources, there are not much information about factors explaining the size of firms' IT personnel. Fortunately, the Korean governmant regulates that every listed companies should dislclose the number of IT workers and ICFR-related IT personnel in their annual reports. This study utilizes the mandatorily disclosed IT personnel data to analyze cross-sectional determinants of korean listed companies' IT personnel size. Empirical results show that profitability, uncertainty, leverage, industry types are statistically significant factors associated with the size of IT personnel.

• 벤처혁신연구
• /
• 제7권1호
• /
• pp.17-39
• /
• 2024

본 연구는 정부의 R&D 지원과 벤처기업의 스톡옵션제도 활용이 벤처기업의 혁신, 즉 혁신역량 및 혁신성과에 미치는 영향을 분석하고자 하였다. 이를 위해 국내 벤처확인기업을 대상으로 진행된 벤처기업정밀실태조사 자료를 활용해 부분최소제곱 구조방정식모델링(PLS-SEM) 방법으로 실증분석을 실시하였다. 분석 결과, 정부 R&D 지원의 수혜 여부는 벤처기업의 혁신역량 강화에 정(+)의 영향을 미치는 것으로 나타났으며, R&D 지원은 벤처기업의 혁신성과에도 정(+)의 영향을 미치는 것으로 나타났다. 또한 벤처기업의 스톡옵션제도 활용은 기업의 혁신역량 강화에 정(+)의 영향을 미치고, 벤처기업의 혁신성과에도 정(+)의 영향을 미치는 것으로 나타났다. 벤처기업의 혁신역량은 정부의 R&D 지원 및 벤처기업의 스톡옵션제도 활용과 기업의 혁신성과 사이를 유의하게 매개하는 것으로 나타났다. 이러한 분석결과들은 벤처기업의 혁신에 있어서 정부의 R&D 지원과 스톡옵션 제도의 활용이 의미있는 역할을 할 수 있음을 보여주며, 아울러 혁신의 프로세스에서 벤처기업의 혁신역량이 중요한 의미가 있음을 보여준다. 따라서 벤처기업에 대한 R&D 지원의 기조를 꾸준히 이어나가면서 동시에 기업의 역량강화를 지원하는 다면적 정책수단을 투입할 필요가 있으며, 스톡옵션제도의 활성화를 위한 법적·제도적 정비와 정책적 지원이 지속적으로 이루어질 필요가 있을 것으로 보인다.

• 한국유통학회지:유통연구
• /
• 제1권2호
• /
• pp.115-140
• /
• 1996

This study analyses the Chinese and the Russian distribution systems comparatively focusing on the economic system. Before the economic transformation both nations were socialistic planned economy. After the economic transformation China is under the socialistic market economy, and Russia under the capitalistic market economy. The purpose of this study is to see how the distribution systems of both nations were changed according to the transformation of economic system. It analyses the relationship between nationalized manufacturing companies and distribution companies, and the national planned distribution of products before the economic transformation of both nations. It examines the privatization of distribution-related companies and the structurally exclusive supply of manufacturing companies in distribution system in Russia after the economic transformation. It also investigates the institutionalized control of nationalized manufaturing companies over distribution companies, and the national intervention of product pricing in China.

• 복식문화연구
• /
• 제18권6호
• /
• pp.1076-1089
• /
• 2010

Nowadays, business environment changes with higher consumer demands for corporate social responsibility than before. However, many fashion companies are unaware of such a wave of changing business environment. And they are not so much interested in making any investment or policy for CSR activities. Besides, despite changing environment and consumer demands, there are very few studies dealing with this matter. Thus, this study aimed to find out the proper types of CSR activities for fashion companies. In addition, it also intended to determine potential effects of CSR activities on consumer attitudes and purchase behaviors. The findings are as follows. First, it is found that there are differences in consumers' perceived suitability depending on types of CSR activities of fashion company. Secondly, it is found that the suitability of CSR activities of fashion companies has positive effects on consumer attitudes to fashion companies. Thirdly, the more favorable consumer attitudes to fashion companies owing to their CSR activities are correlated with the higher consumer satisfaction. Fourthly, the more favorable consumer attitudes to fashion companies are also correlated with the higher consumer intention for purchase. Hence, it is required that fashion companies recognize the importance of their CSR activities, and also plan and implement appropriate CSR activities for consumers.

• 대한안전경영과학회지
• /
• 제10권4호
• /
• pp.287-296
• /
• 2008

The objective of the present paper is to analyze the problems found in the operation of startup companies and to seek after their solutions. It is thus aimed at offering reasonable grounds for the government to work out long- and short-term strategies in an attempt to help and vitalize startup companies. In this context, following analysis was conducted to meet the objective of this study: First, it was analyzed here to determine if there was any difference in the application of management characters that were deemed to be important factors exercising drastic influence on competitiveness of startup companies directly as well as indirectly; and Second, it was empirically proved how management characters of startup companies affected their competitiveness. From the analysis, it was discovered as follows: First, characters of founders such as age, education and experience in management were found to differ depending on the extent that factors of managerial characters in startup companies were practically applied; and Second, the four factors of managerial characters that were classified by factor analysis turned out to have influence on variables of financial and non-financial competitiveness that were connected with competitiveness of a company.

• 한국IT서비스학회지
• /
• 제16권4호
• /
• pp.47-64
• /
• 2017

Three years after establishment, companies are said to face a period of risk called the "valley of death." To start a venture company and make it sustainable, the chance of failure must be minimized. According to an in-depth assessment report on special taxation in 2015, the one-year survival rate of Korean companies was about 60 percent and the five-year survival rate about 30%. These rates are low compared to those of major OECD member countries. Worse, such rates in Korea are decreasing year by year. The purpose of this study is to classify the success factors behind venture companies into human capital, social capital and financial capital, and verify through empirical analysis the factors influencing the success of venture companies based on the mediating roles of capability of the startup team and that for innovation. To find the success factors behind venture companies, this study first examined the theories derived from previous studies. SPSS 21 was used as the study method, while descriptive statistics, exploratory factor analysis and CMB test were conducted. In addition, SmartPLS 2 was used for confirmatory factor analysis, hypothesis test, mediation effect. The results of this study can help efforts toward job creation and economic revitalization pursued by the creative economy policy of the incumbent Korean administration. They can also be used as the cornerstone for venture companies in their pursuit of success.

• 산업경영시스템학회지
• /
• 제21권45호
• /
• pp.279-289
• /
• 1998

This paper investigates relationship between information technology(IT) and firm's performance. Responses from 101 companies relating to their experiences with IT implementation are presented. In this paper, it is assumed that companies' resource classified as the human, business, and IT resource relying on resource-based view, and its performance as the overall performance and IT performance. The findings show that IT resource among companies' resource is most strongly correlated with its performance. In particular, IT-intensive firms show better the overall performance than IT-lagging firms.

• 한국IT서비스학회지
• /
• 제16권4호
• /
• pp.15-31
• /
• 2017

This study analyzes 45 Korea IT service companies from 2012 to 2016 using DEA analysis. Large enterprises, medium enterprises and small and medium enterprises (SMEs). CCR model and BCC model were used for efficiency analysis. Among the various analytical objects, the decision objects which yield the maximum output with minimum input are compared with other analysis objects. The relative inefficiency was measured through this, and Technical Efficiency (TE), Pure Technology Efficiency (PTE), Scale Efficiency (SE), scale profit, reference frequency were analyzed. Also, we analyzed the Technology Gap Ratio (TGR), which is the distance between production function and Meta-Frontier for each firm, using Meta-Frontier analysis. Finally, the Tobit model is used to analyze the sources of efficiency and inefficiency. The inputs are assets, capital, and employees, and the output factor is sales. The analysis shows that large firms are achieving technological achievements more efficiently than small and medium enterprises. As a result, medium-sized enterprises and SMEs can improve efficiency overall through efficient operation of workforce and appropriate combination of inputs such as assets and capital. Also, as a result of the influence factor analysis, it was found that the ratio of the managed asset ratio and the management cost ratio were significant factors influencing the efficiency of the IT service companies. This study suggests the efficiency analysis using DEA for many Korea IT service companies. Inefficient parts of each company are classified according to size and technology. Also, we identify the most efficient companies and analyze the causes of those companies whose profits are lower than their size.