• Archives of design research
• /
• v.13
• /
• pp.67-80
• /
• 1996

The textile industry, accounting nearly 25% of total industrial output, has progressed steadily in the last 30 years contributing greatly to the export driven economic development of Korea. Althought the textile industry has some competitiveness in the international market in terms of production capability through the ongoing restructuring effort, the area of textile design lags far behind compared to that of advanced industrial countries. This is believesd mainly due to the inadequate college education in addition to the social indifference toward the design. The current curriculum of textile design in most universities put more emphasis on the artistic aspects of design, rather than preparing the students as design specialists as required by the industries. The education system for textile design should, therfore, be restructured for the purpose of producing professional designers integrating the needs of sosiety, culture, art, economy, and advancing technology.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.7 no.6
• /
• pp.1337-1347
• /
• 2006

From the 1990s, Korean Life insurance industry has been experienced an profound impact from various exterior factors. In this study, productivity change in Korean Life insurance industry was measured by the Malmquist productivity change index. Analysis was made based on the balanced panel data from 1990 to 2003 collected from 8 lift insurance firms and 1993 to 1997 from 20 firms. The results show that survived firms' productivity change was higher than other firms.

• Journal of the Economic Geographical Society of Korea
• /
• v.20 no.4
• /
• pp.486-502
• /
• 2017

This study investigated the formation process and networks of Korean Clean Development Mechanism(CDM) industry. It aimed to reveal the factors and the drivers for the formation processes of this industry in the specific place. Based on the analysis of the Project Design Documents(PDDs) of the CDM projects and the collected project data by international institutions, surveys, and interviews were done. On the basis of these data, the analysis on the industrial change as complex emergent effects by the network evolution caused by adaptive activity of firms is conducted. In the time of the genesis, a kind of serendipity that the industrial activities of Korean firms meet to new system, CDM, In the changing process of the Korean CDM industry, the role of policies fo Korean Government was important to promote the new and renewable energy projects of the power companies. In the time of restructuring, Korean government policies formed new initial conditions for the new domestic GHGs reduction industry. In this processes, the localization of knowledge acted as a key driver for the formation of the Korean CDM industry.

• Journal of the Economic Geographical Society of Korea
• /
• v.21 no.4
• /
• pp.409-424
• /
• 2018

Since the 1950s, many of the traditional industrial cities of advanced economies in Europe and North America were affected by a series of de-industrialization. The de-industrialization process, characterized by company shut-downs and massive lay-offs, has resulted in high unemployment rates and massive redundancies in physical infrastructure. Since the 1980s, many of the old industrial cities have attempted to overcome such problems. However, it has been found that not many of the cities are found to be successful. The City of Dortmund, one of the core cities of the large German industrial conurbation of the past, the Ruhr, is found to be an exceptional case demonstrating a clear success in overcoming deindustrialization problems. The City in fact strategically pursued transforming backbone of its economy from steel-making, coal-mining and beer-brewery to high-technology and future-oriented industries, based on microsystems, biomedical, electronic logistics and information technology. This paper attempts to analyse the processes and outcomes of transforming Dortmund beginning from the 1980s to articulate the roles of the agencies contributing to the success.

• KDI Journal of Economic Policy
• /
• v.14 no.3
• /
• pp.97-124
• /
• 1992

The recent sharp increase in wages has driven many Korean manufacturing firms to move into technology-intensive fields. The task of industrial restructuring is, however, rather difficult for small and medium-sized enterprises (hereafter, "SMEs") which suffer from limited R&D resources. If the R&D activities of SMEs are left unattended, industrial restructuring process may be retarded. Hence, the government-sponsored programs can be justified when used to promote the technological level of SMEs. Because of the limited internal R&D resources of SMEs, in particular human resources, the government-sponsored programs that depend on financial subsidies to stimulate the R&D activities of SMEs may not be recommended. Rather, a more desirable policy is programs to subsidize outside sourcing of SMEs. Basic principles of the program are; (i) that the government should establish R&D laboratories which are specialized in joint researches with SMEs in each industry; (ii) research projects of the laboratories should be funded by SMEs; the government's support covers only fixed costs such as construction costs in order to avoid moral hazard problem. (iii) technology adviser programs sponsored by the government should be improved; geographical distribution is to be expanded and the activities are to be monitored by local governments. Also foreign networks need be strengthened.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.39 no.4
• /
• pp.26-39
• /
• 2016

Korea's main manufacturing industries, which have led its economy for the past three decades, are faced with a serious downturn and loss of competitive advantages due to the current economic depression, China's rise, and the drop of oil prices. Korean business firms must adopt the paradigm shift in their value strategies, along with a government-led industrial restructuring in order to gain sustainable competitive advantages. Business firms allocate their limited resources between value creation and value appropriation, however, what effect does strategic emphasis on value creation versus value appropriation have on a business firm's financial performance? This paper empirically addresses this issue by examining the effect of shifts in strategic emphasis on stock return. Furthermore, this study examines appropriate choices of strategic emphasis to gain differential financial performance. The data set used in this regression analysis comes from the KISLINE database of NICE Information Service. The variables that form the basis of this analysis are stock return, ROA, and Strategic Emphasis [(advertising expenditures-R&D expenditures)/assets]. The interactive effect with situational factors regarding the firm and the type of technological environment in which the firm is operating was also analyzed. Our results show that investors acknowledge a shift of strategic emphasis as a sign of stock valuation. In comparison to US, Korean business firms have weak value creation capabilities in high-technology industries, and weak value appropriation capabilities in low-technology industries. This proves Korean firms are fast followers in the global market. Our findings suggest that Korean firms have to adopt a balanced value strategy, nurturing value creation and developing value appropriation for overcoming the current economic downturn and becoming a first mover in the dawn of "Industry 4.0."

• Design & Manufacturing
• /
• v.11 no.1
• /
• pp.39-44
• /
• 2017

The domestic mold industry is composed of 6,560 small and medium sized mold companies as of 2015. The structure of mold industry centered on less than 10 people in the past has been improved in the direction of increasing number of medium and large scale companies with more than 20 competitors with global competitiveness and has maintained its position as the world's second largest mold exporter with global competitiveness. Nevertheless, the manpower structure and corporate competitiveness structure of the mold industry is very high, with the proportion of production manpower reaching 70% and shortage rate of 10% or more in order to respond to the orders of customers. However, the development base for new employees with technological skills required by the industrial field is poor, and the inflow of young people is very limited due to factors such as the avoidance of small and medium enterprises and production jobs. It is expected that the labor shortage of mold enterprises will be further increased in the future. In the mold industry, due to the characteristics of small quantity multi-product production corresponding to the demand of the consumer, many production processes are individually and independently carried out, resulting in low labor productivity, and the structural time required for the worker to increase the working time Due to limitations, the working hours per week of the employees are about 50 hours. The implementation of the working time reduction bill, which is recently promoted by the government, is a crisis factor. In order to cultivate the mold industry, it is necessary to expand the base of molds to meet the intensification of global competition, the convergence of technologies to actively respond to the restructuring of the industrial structure, and the response to the new industry, It is necessary to improve labor productivity through policies such as development and dissemination of system, and to secure price, delivery and quality competitiveness in global market.

• Journal of the Korean Geographical Society
• /
• v.11
• /
• pp.17-26
• /
• 1975

This study examined the flexibility strategies and the spatial division of labour on production system in the industrial restructuring process of textile and apparel industry in Daegu. Textile and apparel firms in Daegu have come to have power after holding trade function. In the context of existing variant production units across all the sectors of the textile and apparel industry, individual firms that hold trade function can organize the lowest cost production system. Daegu's Textile and apparel industry in Daegu shows the complicated and closely realted production system through individual firm's flexibility strategies. Although the textile and apparel firms produce the same item or have the same size, they pursue different flexibility strategies and form different networked production system and different spatial division of labour.

• Journal of the Korean Geographical Society
• /
• v.32 no.2
• /
• pp.229-244
• /
• 1997

This study investigates the spatial policy of small towns in China. Small towns in China are important in terms of settlement system, rural urbanization and new adaptation to changing situation. It was necessary that they shoud take charge of the tool for solving the problem in rural reform periods. Rural urbanization, which had aimed at transferring the surplus labor smoothlv, was connected with the growth of rural industrialization (a township enterprise). However, the location of township enterprises was so dispersed that the transfer of surplus labors was not satisfactory. Hence, the concentration of the rural industry in small towns has been taken up as an inevitable alternative. Namely, it can be said that changes and adaptation of reform process, such as industrial restructuring and migration, should be integrated and concentrated in small towns.

• Proceedings of the KIEE Conference
• /
• 2002.07a
• /
• pp.28-30
• /
• 2002

The increasing application of electronic equipment has heightened the interest in power quality in recent years because there are economic impacts on utilities, customers, and suppliers of load equipment. The power quality would impose result in severe damage on many industrial customers. As having been supplied many kinds of electronic devices such as computer and communication equipment, automation equipment and various kinds of control devices etc., it comes to be more and more difficult to maintain the clean power quality. According to the restructuring in electricity industry the power quality may be treated as goods as contract terms and regulation elements between power supplier and consumer in the near future. Under the above environment, the power quality should be monitored for all day long with appropriate devices which is possible to measure and record the associated power quality data to prove each responsibility for the impacts when disputes arise due to power quality problems power quality problems are occurred. In this paper the authors propose some functions to be considered and system configuration to monitor the associated power quality elements in developing the web based power quality monitoring system.