• Title/Summary/Keyword: Institutional Strategy

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An Analysis of Aircraft Lessor Business Model Based on Financing Structure (항공기 리스사 자금조달 구조에 따른 사업모델 분석)

  • Jie Yong Park;Woon-Kyung Song
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.31 no.4
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    • pp.28-44
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    • 2023
  • This study investigates aircraft lessor business models by studying cases and interviewing experts to analyze investors and business strategies of aircraft lessor. The results confirm that there is a wide range of investors including institutional investors, financial institutions, insurance companies, corporations, and wealthy individuals for aircraft lessor. Aircraft lessors can be categorized based on its required rate of return (cost of capital) into bank-investing core, institutional investor-investing value-added, and hedge fund-investing opportunistic. Aircraft lessor decides leasing rate by aircraft purchasing price and lessee's credit rating. Core aircraft lessors invest in new aircrafts for new placement or sale-and-leaseback strategy requiring little technical risk in aircraft, value-added lessors invest in middle-aged aircrafts for re-leasing, opportunistic lessors invest in old aircrafts for freighter conversion or part-out strategy requiring high level of expertise. This study provides insights for future Korean aircraft lessor establishment and investment.

A Study on Repository Construction Scheme for Scholarly Communication (학술정보유통을 위한 레포지터리 적용 방안 연구)

  • Jang Kum-Yeoun
    • Journal of the Korean Society for Library and Information Science
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    • v.38 no.4
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    • pp.291-310
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    • 2004
  • Institutional Repository offers integrated capture, management. preservation and access intellectual asset of individual institution and is also considered as a strategy to disseminate and exchange intellectual output as part of global 'Knowledge Bank'. A case of Institutional Repository, 'dCollection,' was introduced in Korea Education & Research Information Service(KERIS) as an institutional repository solution. This paper drew related issues in order to apply institutional repository to domestic universities. The results will bring a paradigm shift in scholarly communications, as a guideline of institutional repositories in the university libraries.

The Imperatives of Institutional Framework and Collaboration Mechanism in Agriculure Modernization-The Case of Abim District, Uganda (농업현대화를 위한 제도적 공동협력 프레임워크구축에 대한 연구: 우간다 Abim지역의 사례를 중심으로)

  • Ochieng, Haggai Kennedy Otieno;Kim, Jun Yeup
    • Journal of the Economic Geographical Society of Korea
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    • v.19 no.2
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    • pp.313-329
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    • 2016
  • The paper shows that Uganda lacks an adequate institutional framework to achieve agriculture modernization. Based on constellation model, the paper proposes an effective way to promote agricultural development through policy and institutional partnerships at various levels of governance and action by various stakeholders in the sector. From this theoretical perspective, the paper raises salient research questions: Why is Abim District an important focus for Agricultural development? What is the effect of institutional arrangements and partnerships in agriculture development in Abim District? What forms of institutional partnerships and collaboration framework can effectively address the challenge in the District and Northern Uganda as a whole? These concerns are important obstacles to improved agricultural performance in Uganda as dysfunctional institutional arrangements and norms are majorconstraints to agricultural development. The findings demonstrate that institutional gaps, bureaucracy, institutional proliferation and overlapping roles have derailed agriculture modernization. Hence, the development strategy proposes creating and rejuvenating all essential players operating in the region, developing or deepening their inter-linkages through judicious and sustainable partnerships with all the principal players in Abim District.

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A Study on Establishing a Documentation Strategy of the National Assembly of Korea (국회 기록화 전략 모형 수립 연구)

  • Kim, Jang-hwan
    • The Korean Journal of Archival Studies
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    • no.46
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    • pp.189-231
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    • 2015
  • This study is for establishing an appraisal methodology to ensure the accountability of the parliament and to documentation the contemporary historical events related to the National Assembly. It is impossible to documentation comprehensively the activities of the National Assembly through the records schedule of the National Assembly, the current the disposal guidelines of the National Assembly. In particular, this is designed focusing on four affiliated organizations such as the National Assembly Secretariat, so there is a fundamental limit to documentation the outputs of various external agencies and areas where have relationships with the National Assembly. Therefore, it is hard to documentation comprehensively the various issues and historical events occurring in the National Assembly under the current appraisal system. In this situation, this study presents the appraisal methodology, the institutional functional analysis to ensure the accountability of the institution as a first step. However, only with the institutional functional analysis methodology, it is difficult to organize collectively the contemporary historical events or social events ongoing in relation to the fundamental functions of the National Assembly. For this reason, the subject oriented documentation methodology is designed that is the appraisal methodology of selecting the records related to the contemporary social phenomena and historical events according to the functional areas of the National Assembly derived from the institutional functional analysis methodology. Thereby, it is designed that the model of the documentation strategy applicable to the National Assembly in reality.

Financial Performance according to the Types of Financial Strategy in Elderly Households (노인가계의 재무전략유형별 재무성과)

  • Park, Jin-Yeong
    • Journal of Families and Better Life
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    • v.25 no.3 s.87
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    • pp.25-44
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    • 2007
  • The purpose of this study was to classify the financial strategies and investigate major determinants of the financial performance in elderly households. This study used the data of 4,577households with all ages and 1,255 elderly households were from the Korean Labor and Income Panel Study(2000, 2003). The data were analyzed by various statistical methods such as frequency, mean-test, Duncan's multiple range test, k-mean cluster analysis and regression. The major findings were as follows: First, the classified household financial strategy types were Residual(44.3%), Financial Assets(24.0%), Informal Institutional(19.7%), Diversified Portfolio(7.6%), Real Estate(4.5%). Second, the criteria of classification of the financial strategies were relative, not absolute. Third, elderly households that employed a financial assets had the greatest financial performance (62,320,000 won net gain). Households with all ages that employed a diversified portfolio strategy had the greatest financial performance (98,360,000 won net gain). Forth, the determinants of the financial performance were significantly different according to the types of financial strategy.

A study on the local government's Sustainable expansion plan of volunteer (지방정부의 지속가능한 자원봉사자 확대 방안에 관한 연구)

  • Kim, Seong-Hyeon
    • Journal of the Korea Society of Computer and Information
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    • v.19 no.9
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    • pp.177-184
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    • 2014
  • This study suggested the necessity of efficient volunteer management plan and continuous volunteer expansion plan to enhance the continuity of volunteer activity by local government and induce more systematic and stable volunteer activity. As a prior concrete plans for volunteer expansion, this study suggested establishing the incentive for expanding continuous volunteers through coexisting and cooperation, enhancing the propulsion will and providing an institutional strategy of local and metropolitan government heads, improving volunteer's internal capability, and reinforcing administrative support and financial aid. Also this study emphasized the effectiveness of various volunteer-related matters such as daring support and investment to drastically expand continuous volunteers and their activities.

A Study on Developing the Outcome Management System of Construction and Transportation R&D Project (건설교통R&D 사업의 성과관리체계에 관한 연구)

  • Jung, Si-Kyo;Moon, Dae-Seop;Maeng, Hee-Young
    • Journal of the Korean Society for Railway
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    • v.12 no.6
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    • pp.967-973
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    • 2009
  • Construction and Transportation R&D budget is increased every year. Therefore, outcome is important issue. Also, we must try for practical use of outcome. And we need strategy for practical use of outcome. This is research for the application of research and development outcome. Specially, this research studies about way for construction standard. And this proposes a institutional improvement. First, it catch a problem point with present condition analysis. Second, It executes a survey and analysis. Finally it presents some policy suggestion. This research solves two problems. This applies to the field of research and development outcome. Another this amend construction standard.

Running of high patient volume radiation oncology department during COVID-19 crisis in India: our institutional strategy

  • Gupta, Manoj;Ahuja, Rachit;Gupta, Sweety;Joseph, Deepa;Pasricha, Rajesh;Verma, Swati;Pandey, Laxman
    • Radiation Oncology Journal
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    • v.38 no.2
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    • pp.93-98
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    • 2020
  • Purpose: Due to COVID 19 pandemic, the treatment of cancer patients has become a dilemma for every oncologist. Cancer patients are at an increased risk of immunosuppression and have a higher risk to acquire any infection. There are individual experiences from some centers regarding the management of cancer patients during such a crisis. So we have developed our institutional strategy to balance between COVID and cancer management. Materials and Methods: Radiation Oncology departmental meeting was held to prepare a consensus document on Radiotherapy schedules and department functioning during this pandemic. Results: Strategies were taken in form of following areas were steps need to be taken to decrease risk of infection, categorise treatment on the basis of priority, radiotherapy schedules modification, academic meetings and management of COVID positive patient/personnel in Radiation Oncology department. Conclusion: We hope to strike the balance in overcoming both the battles and emerge as winners. Stringent long term follow up will be done for assessing the response or any unforeseen treatment related sequelae.

IT Manufacturing Companies' Strategies and Performance for Overseas Expansion to Vietnam (IT제조기업의 베트남 진출 전략 및 성과에 관한 연구)

  • Yun, Haejung;Chang, Changwhan;Lee, Choong C.
    • Journal of Information Technology Services
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    • v.16 no.3
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    • pp.1-15
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    • 2017
  • This study is aimed to find out which factors among firm-specific resources, industry-based competition, and institutional conditions affect strategies for Korean IT manufacturing companies when they expand their business overseas, especially to Vietnam in this study. Also, it attempts to reveal which strategies among cost reduction, mass production, and localization affect performance of overseas expansion. Based on Strategy Tripod Theory as an integrating point-of-view embracing resource-based view, industry-based view, and institution-based view, research model was developed and tested through the survey of 83 Korean IT manufacturing companies expanded their business to Vietnam. Research findings show that (1) communication competency, industry competitiveness, industry attractiveness, and regulation of partner country affect cost reduction strategy. (2) International experience, communication competency, international orientation, and competitiveness is significantly associated with mass production strategy. (3) And international experience, communication competency, and industry competitiveness affect localization. (4) Ultimately, mass production strategy and localization strategy significantly increase performance of expansion to Vietnam. The theoretical contribution of this study is to adopt an integrative approach based on strategy tripod theory. As practical implications, it suggests factors and strategies that IT manufacturing companies interested in expansion to Vietnam should consider. In sum, we believe this study can contribute to Korean IT manufacturing industry by suggesting key success factors and appropriate strategies for overseas expansion.

An Exploratory Study on the Interaction Model of Institutional Change of Government-Funded Research Institutes : Focused on R&D Funding Systems (정부출연연구기관 제도변화의 상호작용모형에 관한 탐색적 연구 : R&D 예산제도를 중심으로)

  • Kim, Hak-Sam;Shim, Young Bo
    • Journal of Digital Convergence
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    • v.11 no.9
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    • pp.29-43
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    • 2013
  • The dominant perspective on institutional change of the GRI is the environment-dependence. GRI's institutions are, however, prone to change due to the endogenous factors. Therefore, we need a dynamic alternative model to analyze the interaction between the exogenous and endogenous factors around the GRI's institutions. In this paper, authors examined the changes in GRI's funding system. The results were verified in the layering which is a one of the dynamic institutional change forms. Owing to the interaction between the exogenous and endogenous factors, institutional reform's layers of the institution funding expansion have been continuously accumulated in order to modify the Project-Based System(PBS). Eventually expansion layers of the institution funding have grown more quickly than the Project-Based System(PBS), as a result, GRI's funding system has been changing centered on the Block funding.