• 유통과학연구
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• 제12권7호
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• pp.77-88
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• 2014

Purpose - Based on the existing retail policy literature, this study aims to compare Korea with foreign countries, to propose better ideas for the Korean retail market. Research design, data, and methodology - It is necessary to analyze the existing retail regulations after categorizing them into several groups, depending on why governments have regulated retailers and the background for the retail policy. Results - Given that Korean retail regulations have focused on protecting conventional markets, comparing the retail policy objectives of South Korea and foreign countries is difficult. Conclusions - It is necessary examine how to protect independent stores, irrespective of store locations across the country. Rather than limiting the distance between traditional markets and the projected locations suggested by large retailers, various factors such as store size limit, opening and closing times, below-cost selling, land use planning, and competition tests are needed to protect small stores. Further, centralized authority for store operations should be delegated to local governments, to tackle the aggressive expansion of retail giants. To protect independent stores, political background is among the most important factors.

• 동남아시아연구
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• 제27권2호
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• pp.273-295
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• 2017

2016년 두테르테 대통령의 당선 이후 추진된 마약과의 전쟁, 돌출발언과 파격적 외교 행보에 의한 국제관계의 악화 등 여러 대내외적 불안정성에도 불구하고 필리핀의 경제는 동남아국가들 중 가장 높은 GDP 성장률을 나타냈다. 두테르테 현상을 둘러싼 사회적 맥락과 정치동학은 오늘날 민주주의의 현주소와 신자유주의 경제체제 하의 정치현상을 이해하는데 한국을 비롯한 세계 국가들에게 중요한 질문과 과제를 던졌다. 자주외교를 강조하며, 기존 패권질서에 파열음을 일으킨 필리핀의 선택이 단일국가의 실험으로 끝을 맺을지, 아니면 인접국가 또는 아세안 국가들 전반에 새로운 힘을 형성할 계기가 될 것인지 향후 귀추가 주목된다.

• Journal of Korea Trade
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• 제23권7호
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• pp.83-95
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• 2019

Purpose - This study analyzed the effect of the Trump Government's protectionist trade policies on foreign ownership. Specifically, this study empirically analyzes the hypothesis that foreign ownership will decrease after the Trump Government rather than before the Trump Government. Design/methodology - The hypothesis of this study is based on the expectation that US protection trade policy will negatively affect the profitability of Korean companies. The dependent variable in this study is the foreign ownership ratio, and the independent variable is a dummy variable representing before and after the Trump Government. Multiple regression analysis was performed, including the control variables suggested in previous studies related to foreign ownership. Findings - As a result, foreign ownership increased after the Trump Government rather than before the Trump Government. This study further analyzes whether the main variables affecting foreign investor's decision-making are differences before and after Trump Government. The export ratio, profitability and dividends did not differ before and after Trump Government. However, the level of information asymmetry decreased after the Trump Government than before the Trump Government. This suggests that US protection trade policies do not adversely affect the profitability of Korean companies. However, Korean firms are improving their information environment because US protectionist trade policies can lower profitability and negatively impact capital raising. In this regard, the foreign ownership ratio seems to differ before and after the Trump Government. Originality/value - This study contributes in that it presents data that US protectionist policies can affect Korean corporate governance. This study has implications from the short-term analysis of US protection trade policy.

• The Journal of Asian Finance, Economics and Business
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• 제8권2호
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• pp.791-800
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• 2021

Along with the trend of financial globalization, Vietnam has undergone a process of increasing financial integration. The great capital inflow poses a problem for the monetary policy's ability to follow a planned target during the changes in the global financial markets. This paper aims to examine the impact of financial integration on monetary policy independence in Vietnam and investigate the role of foreign exchange reserves on this relationship. The research borrows from Mundell-Fleming's Trilemma theory. The results show that increasing financial integration reduces the independence of monetary policy in the short term, and foreign exchange reserves have not shown an apparent role in Vietnam. In addition, increasing exchange rate stability has a negative impact on the independence of monetary policy, but it has an impact on growing market confidence and partly supporting the management process of monetary policy in the short term. Therefore, in the long run, Vietnam needs to allow exchange rate flexibility more, but there should not be sudden changes; the size of foreign exchange reserves should be strengthened to facilitate the implementation of an independent monetary policy with an obvious impact in the context of an increasing scale of international capital flows in the future.

• 동아시아경상학회지
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• 제4권2호
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• pp.12-27
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• 2016

This study aims to investigate the effects of foreign students' entrepreneurship on start-up recognition and intention. Due to the expanded policy of attracting foreign students with current Korean wave, it has rapidly increased the number of foreign students in Korea. The number of foreign students in Korea has increased from 50,000 up to 100,000 in 2012. Approximately half of number was resided in Seoul capital, surrounding satellite cities and followed by Kyeongsang, Chungcheong and Jeolla province regions. In this study, we examined the correlation of entrepreneurship with start-up recognition and intention of foreign students living in Daejeon city. The research model was constructed with entrepreneurship and start-up intention as independent and dependent variable, respectively, and start-up recognition as a moderating variable. Furthermore, the entrepreneurship of foreign students as independent variable contains innovativeness, pro-activeness, risk-taking and social responsibility. In the survey, we collected 119 responding foreign students belonging to KAIST, Chungnam National University and Hanbat National University and analyzed the correlations of these variables with 116 significant answers. To validate the hypotheses, linear regression analysis tool in SPSS program was used. As a result of the survey, entrepreneurship components such as innovativeness, pro-activeness, risk-taking and social responsibility affected start-up intention positively. In addition, start-up recognition as a moderating variable affected positively between entrepreneurship and start-up intention. However, it has the limitation to generalize the overall correlation of entrepreneurship with start-up recognition and intention for foreign students living in Korea because the survey was only performed in restricted Daejeon city area. Nonetheless, this study can be useful for understanding the foreign students's trait for entrepreneurship and planning the adequate entrepreneurship education.

• 임상간호연구
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• 제20권3호
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• pp.267-278
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• 2014

Purpose: This study aimed to examine the differences in Korean nurses' cultural competence perceived by nurses and foreign patients in a general hospital. Methods: The study participants were recruited from outpatient clinics and wards in H General Hospital located in Busan. Cultural competence was measured by the Cultural Competence Scale for Korean Nurses, consisting of 4 subscales: cultural perception, cultural knowledge, cultural sensitivity, and cultural skills. Data were collected from March 31 to April 30, 2014 by distributing and collecting a self-administrated questionnaire set. Data of the 90 foreign patients and 90 nurses were analyzed using PASW statistics 18.0 for independent t-test and ANOVA. Results: The level of cultural competence of Korean nurses perceived by foreign patients was significantly higher than that of nurses. On the cultural awareness dimension, nurses rated themselves more highly than foreign patients did while ratings on the dimensions of cultural knowledge and cultural skill were the opposite. Conclusion: This study indicates that there was a statistically significant difference in the perception of nurses' cultural competence between nurses and foreign patients. The findings can be used for developing education programs to enhance nurses' cultural competence, integrating the perspectives of foreign patients.

• KDI Journal of Economic Policy
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• 제32권2호
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• pp.1-26
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• 2010

본 논문은 한국이 1997년 외환위기 이후 변동환율제 도입과 더불어 자본자유화로 자본시장이 글로벌화된 상황에서 외부로부터 독립적인 통화정책을 유지할 수 있었는지를 자본자유화 이전 기간과 비교하여 분석했다. 트릴레마 이론에 비추어보면, 자본자유화 이전에는 환율시장에 적극적으로 개입을 해도 이론적으로 독립적인 통화정책을 유지할 수 있는 여지가 있었으며, 자본자유화 이후에는 환율제도가 자유변동환율제도로 전환함에 따라 독립적인 통화정책을 유지할 수 있는 여지가 있었다. 하지만 한국과 같은 소규모 개방경제의 경우 자본시장이 완전히 개방되어 국가 간 연계성이 증가하고, 막대한 양의 국제자본 유출입이 발생하여 환율과 자산 시장의 심각한 불안정성을 초래할 수 있으므로 외국의 통화정책과 자본 흐름으로부터 완전히 자유로운 통화정책을 집행하기 어려울 수 있다. 본 논문의 실증분석에서는 부를 미국으로 국한하여 한국의 통화정책이 미국의 통화정책으로부터 독립적인지 블록 외생성 구조 VAR 모형을 이용하여 자세히 분석하였다. 그 결과 한국의 통화정책이 자본자유화 이전과 이후 두 기간 모두에서 미국의 통화정책으로부터 완전히 독립적으로 운용되지 못하였던 것으로 보인다. 자본자유화 이후 기간의 경우 완전한 변동환율제를 실제로 운용하기는 쉽지 않았고, 이로 인해 필연적으로 한국의 통화정책은 외부의 충격으로부터 완전히 독립적이지 못했던 것으로 보인다. 또한 자본자유화 이후 기간에는 포트폴리오 자본의 유출입이 자본자유화 이전 기간에 비해 매우 민감하게 변화하여 독립적인 통화정책의 운영에 어려움을 초래한 것으로 보인다. 따라서 향후 자본의 글로벌화에 효과적으로 대응하면서 통화정책을 독립적으로 유지할 수 있는 정책의 틀을 개발하는 것이 시급하다고 하겠다.

• 전자통신동향분석
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• 제38권4호
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• pp.47-57
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• 2023

The competition for technological supremacy is unfolding in the high-tech field, and quantum computing can be determinant for economic and security ripple effects. The United States and China, leaders in quantum computing, have developed this field through adequate policies. The United States has fostered quantum computing through government policies and competition among private companies, while China has secured world-class technology through large-scale government investment and attracting foreign talent. In quantum computing, securing talented people is essential to guarantee independent technology development regarding academic attributes and security. We analyze quantum computing policies in the United States and China on a timeline and determine their policy trends. In addition, the policies for securing talent in these countries are reviewed, and the policy effects are compared based on literature analysis. Through the analysis of policy cases between the United States and China, bilateral policy implications for Korea are delineated.

• 산업융합연구
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• 제1권1호
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• pp.71-97
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• 2003

In this study, the main goal is conduct an empirical research for MNC's(multinational companies) contingency factors and entry modes. Through examining elements of success and limitations of foreign companies in the domestic market, a resulting purpose can be suggested such as developing attractive foreign investment policy. The results in this study are as below. The results from Logistic Regression Analysis there were indications for preference factors for WOS (Wholly Owned Subsidiary). The factors were 'Strategic Motivation', 'Intelligent Property', and 'Market Latent Purchasing Power'. For JV (Joint Venture) there were preferred factors such as 'Degree of Using Product Factors', 'Differential Products Development Ability', and 'Systematic Incentives'. However, this thesis is limited to identifying clear causal relationship between the 'Performance' of foreign investment enterprise which entered WOS or JV and various factors which were suggested in the contingency factors (independent variables).

• 유통과학연구
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• 제15권9호
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• pp.5-16
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• 2017

Purpose - This research is to provide new insights for policy makers in Korea, comparing South Korea and foreign countries such as Japan, UK, France, Germany, Netherlands, Sweden, Spain and the forth, in terms of the effects of retail regulations on a retail trade industry. Research design, data, and methodology - After introduction, the research begins with literature review on the background why advanced countries have introduced retail legislations, then, will present their effects. The fourth section will compare the South Korea with the above foreign countries. Finally, the authors will draw conclusions and mention not only research limitations but also future research directions. Results - Based on the previous research, the authors compared Korea and advanced countries, in terms of how retail regulations influence retail employment, retail productivity, retail price, and the protection of independent retailers. The authors found that industrialized countries have made a significant effort to protect small shops for social stability with many different regulations and/or budget. With regard to results, however, the degree of its achievement is lower than expected. Conclusions - In order to protect small- and medium-sized retailers efficiently and effectively, policy makers need to develop better sophisticated retail regulations than those of advanced countries.