• Title/Summary/Keyword: International competition

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Empirical Evaluation of Indian Tourism Websites

  • Kaur, Anupriya
    • International Journal of Computer Science & Network Security
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    • v.22 no.9
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    • pp.63-68
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    • 2022
  • Given the competition between different tourist destinations to attract domestic and international tourists it is absolutely vital to examine their website efficacy on specific attributes. This study employs one of the recently developed multi-criteria decision-making method the Best-Worst Method to assess the state government official tourism website across four Indian states known for their tourism potential- Himachal Pradesh, Uttrakhand, Uttar Pradesh and Rajasthan on specific attributes provided by the widely acknowledged WebQual instrument. Information Fit-to-Task and Trust emerged as the most important criterion. Relative advantage and Innovation the least important. The results of the study are easily interpretable and visual. They offer both an individual and comparative analysis of the perceived website efficacy on specific attributes to facilitate tourism stakeholders and website administrators to strategize and make their digital presence effective and competitive.

The Innovation Activities of Vietnamese Enterprises: Current Status and Solutions

  • Quoc Cuong Nguyen;Hoang Tuan Nguyen;HyukDong Kwon
    • International Journal of Advanced Culture Technology
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    • v.11 no.2
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    • pp.229-237
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    • 2023
  • Innovation has been considered not only an important factor for creating and maintaining the competitiveness of nations but also a key determinant of enterprises performance in over the world. Innovation is the process by which an enterprise develops new products, services, processes or management systems to meet requirements due to the change of business environment, technology. The results of implementing innovation increase capacity of the business, thereby helping the business to develop sustainably in the face of market trends and competition from competitors. This paper aims to explore the current status of innovation activities as well as proposes solutions to develop innovation activities for Vietnamese enterprises. The proposed solutions in this study paper create a premise to improve the competitiveness and sustainable growth of enterprises in the context of deeper and more comprehensive international economic integration.

The Competitiveness Analysis of Geely Automobile Group

  • Yuhang Xia;Mingsheng Li;Junzhu Zhang;Myeongcheol Choi;Hannearl Kim
    • International Journal of Advanced Culture Technology
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    • v.12 no.2
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    • pp.402-408
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    • 2024
  • The purpose of this research is to discuss the development history and future strategy of Geely Automobile Group Co., Ltd. Founded in 1997, Geely Automotive Group has grown from a small workshop to one of China's leading automakers after nearly three decades of development.This paper first reviews the development of Geely Automobile, from the initial small-scale production to the current global layout and diversified product line. Secondly, it analyzes the challenges and opportunities faced by Geely Automobile, including the intensification of market competition and the changing demand for technological innovation.And put forward the future development strategy of Geely Automobile, including improving the quality of products, expanding the international market and promoting the development of new energy vehicles. By analyzing the development history and future strategy of Geely Automobile Group Co., Ltd., we can better understand the company's position and future development direction in China's automobile industry.

A Study on the Effects of Export in the Change on Trade Enviroment of Korea-EU (한.EU간 통상환경변화가 수출에 미치는 영향)

  • Choi, Chang-Yeoul;Choi, Hyuk-Jun
    • International Commerce and Information Review
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    • v.7 no.3
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    • pp.269-286
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    • 2005
  • The exchange rate volatility has been increased since the time when the floating exchange rate system was introduced in Korea. As a result, the increase of the exchange rate volatility raised the risk in international trades in Korea. The purpose of this study in to study the feature of exchange rate volatility and the main sources of its increase and to confirm whether the exchange rate volatility influence export volume and price of Korea. In the first place, I measured exchange rate volatility with two methods. The one is descriptive statistic method such as the width of daily exchange rate fluctuation and the rate of exchange rate devaluation. The other is the time varying conditional variance of exchange rate. Then, I studied the sources of exchange rate volatility. In the second place, I defined the exchange rate volatility as the time varying conditional variance and estimated it by using elastic a approach model which shows exchange rate is affected by itself and its conditional variance, I estimated its effects on export volumes and prices of electric home appliances, information & communication equal and semi-conductor. The result of this study is as follows. With presumed result EU and Korea because is not the goods which is to substantial competition relationship, The effect where the relative value change of presumed result expression anger and the dollar of import and export function goes mad to the import and export of Korea the income compared to is to export and it is appearing a lot. The EU goods is sold more expensively the Korean goods than from about length being caused by American market of the dollar and the balance of trade of Korea is visible like being visible the improvement of single breadth. Because the relationship of competition is weak but substantially there is to a short term and expression - the effect where the dollar rate fluctuation is big in Korean trade there is a possibility of saying that widely known it is not.

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Measuring the Effects of the Uniform Settlement Rate Requirement in the International Telephone Industry

  • LEE, SUIL
    • KDI Journal of Economic Policy
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    • v.42 no.1
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    • pp.57-95
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    • 2020
  • As a case study of an ex-post evaluation of regulations, in this paper I evaluate the 'uniform settlement rate requirement', a regulation that was introduced in 1986 and that was applied to the international telephone market in the U.S. for more than 20 years. In a bilateral market between the U.S. and a foreign country, each U.S. firm and its foreign partner jointly provide international telephone service in both directions, compensating each other for terminating incoming calls to their respective countries. The per-minute compensation amount for providing the termination service, referred to as the settlement rate, is determined by a bargaining process involving the two firms. In principle, each U.S. firm could have a different settlement rate for the same foreign country. In 1986, however, the Federal Communications Commission introduced the Uniform Settlement Rate Requirement (USRR), which required all U.S. firms to pay the same settlement rate to a given foreign country. The USRR significantly affected the relative bargaining positions of the U.S. and foreign firms, thereby changing negotiated settlement rates. This paper identifies two main routes through which the settlement rates are changed by the implementation of the USRR: the Competition-Induced-Incentive Effect and the Most-Favored-Nation Effect. I then empirically evaluate the USRR by estimating a bargaining model and conducting counterfactual experiments aimed at measuring the size of the two effects of the USRR. The experiments show remarkably large impacts due to the USRR. Requiring a uniform settlement rate, for instance, results in an average 32.2 percent increase in the negotiated settlement rates and an overall 13.7 percent ($3.43 billion) decrease in the total surplus in the U.S. These results provide very strong evidence against the implementation of the USRR in the 1990s and early 2000s.

Current Discussions on International Carbon Markets under the Post-2020 Climate Change Regime and Its Implications (신기후체제 하의 국제탄소시장에 관한 최신 논의 현황과 시사점)

  • Kim, Gilwhan;Lee, Sanglim;Lee, Jiwoong
    • Journal of Climate Change Research
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    • v.8 no.1
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    • pp.73-80
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    • 2017
  • This study sees the past, present and future of the international carbon market. It is expected that it is not until 2020 and beyond before the international carbon market is settled by international consensus, and it is too early to picture the international carbon market at this point. Instead, this study focuses on analyzing the content of Article 6 of the Paris Convention, being fully aware of the uncertainties surrounding the international carbon market and can only be a step in determining the future of the international carbon market. In the future, the international negotiations will be under fierce competition of countries, each of which aims to make their advantageous system or mechanism recognized internationally Therefore, it is necessary for Korea to devise a system that can maximize the national interest and try to be recognized in the international society. To accomplish this, the following tasks are required at the present stage. First, we need to include the basic directions for the reduction using the international carbon market in the preparation of the roadmap for GHG reduction in Korea. Based on the directions presented in the roadmap for reducing GHG emissions, Korea should set up a government-wide plan on the international carbon market. In addition, a long-term TF should be formed to enact such plans in the international community. The international carbon market is an issue that several professional fields overlap, and it is indeed difficult to pursue by a single ministry. Therefore, it is necessary to create and strengthen the TF that can cope immediately with the international movement.

The Ways to Develop the Arbitration Industry in Korea (한국 중재산업 발전 방안)

  • Yoon, Jin-Ki
    • Journal of Arbitration Studies
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    • v.28 no.4
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    • pp.3-42
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    • 2018
  • This paper aims to explore ways to develop the arbitration industry in Korea. The prospects for the promotion of the arbitration industry in Korea are never dim. International arbitration competitiveness is somewhat lower than its competitors at present, but the international economic base to support it is solid, and the domestic arbitration environment seems to be sufficient to support the development possibility of arbitration. Since geographical and economic factors have already been defined, Korea must at least improve the arbitration act with passion and vision for the best one. The arbitration act that is the most accessible to arbitration consumers is the best arbitration act. The important thing is to have an arbitration act that makes people want to use more than litigation or other dispute resolution procedures. There is no hope of remaining as a "second mover" in the field of arbitration law. One should have a will and ambition to become a "first mover" even if it is risky. Considering the situation of the current arbitration law, it is necessary to start an arbitration appeal system in order to become a consumer-friendly arbitration law, and it is necessary to examine ways of integrating the grant of execution clause and enforcement application procedures. The abolition of the condition of Article 35 of the Arbitration Act, which rules the validity of the arbitration award, will help promote international arbitration. Exclusion agreements of setting aside against arbitration awards must also be fully recognized. It is also important to publish a widely cited international arbitration journal. In order to respond to the fourth industrial revolution era, it is necessary to support the establishment of a dispute resolution system that utilizes IT technology. In order to actively engage the arbitrators in the market, it is necessary to abolish the regulations that exist in the Attorneys-at-Law Act. There is also a need to allocate more budget to educate arbitration consumers and to establish arbitration training centers to strengthen domestic arbitration education. It is also necessary to evaluate and verify the Arbitration Promotion Act so that it can achieve results. In the international arbitration market, competition is fierce and competitors are already taking the initiative, so in order not to miss the timing, Korea needs to activate international arbitration first. In order to activate international arbitration, the arbitration body needs to be managed with the same mobility and strategy as the agency in the marketplace. In Korea, unlike in Singapore and Hong Kong, it is necessary to recognize that the size of the domestic arbitration market is very likely to increase sharply due to the economic size of the country and the large market potential it can bring from litigation. In order to promote the arbitration industry, what is most important is to make arbitration activities in accordance with the principles of the market and to establish an institutional basis to enable competition. It is urgently required to change the perception of the relevant government departments and arbitration officials.

A Study on Improving The Outputs of International Cooperation in Science and Technology: the Case of International S&T Cooperation Programs of the Ministry of Education, Science and Technology (MEST) (과학기술 국제협력 성과제고에 관한 연구 -교육과학기술부의 과학기술국제화사업을 중심으로-)

  • Kim, Young-In;Lee, Byung-Min
    • Journal of Korea Technology Innovation Society
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    • v.12 no.3
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    • pp.545-563
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    • 2009
  • In an era of global competition, international cooperation in science and technology plays a key role in determining a nation's competitiveness. In fact, without international cooperation, it is almost impossible to keep in touch with the fast-changing technology. In regard to this, the Korean government put much efforts into building a strong base for global R&D networking. As a result, the environment for international cooperation has improved a lot. However, the outputs of international cooperation are still poor and fall short of expectations. With the importance of international cooperation in science and technology rising more and more, it is meaningful to examine the current situation of international cooperation in S&T and analyse the outputs of the cooperation activities to review our past and present international cooperation activities. Therefore, this paper focuses on analyzing the outputs of the MEST's international S&T cooperation programs in various ways and recommends ways to improve the outputs of the international cooperation in science and technology.

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Analysis on the Relation Between Port Competition Players and Port Selection Factors (항만경쟁 주체와 항만선택 결정요인간 관련성 분석)

  • Kim Tae-Won;Kim Yul-Seong;Kwak Kyu-Seok;Nam Ki-Chan
    • Journal of Navigation and Port Research
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    • v.30 no.3 s.109
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    • pp.219-226
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    • 2006
  • To correspond actively to international economy, shipping and port environment change, world main ports have converged in competitiveness raising. However, existing researches have been intensively analyzed port competitiveness on among ports. So, this study analyzes the relations between the main factors of port selection and port competition players: central government, port authority, terminal operators, shipping companies, etc. This paper has a purpose that each port competition player makes a competitive strategy in accordance with this study. First, this study reviewed shipping and port market's environment change and port selection decision factors to correspond to these environment changes and on the basis of this review analyzed relativity between component port competition players and port competition factors. However, port authorities and terminal operators appeared high relevance about in side of expense, service, facilities etc. Because port authorities offered incentive to pull many shipping companies to their ports and terminal operators managed port authorities' ports. But we could deduce high relevance according to other market players' properties without port authorities and terminal operators. Port marketing strategy establishment among port competition players is available on the basis of these factors.

A Study on Stabilizing Container Terminal Market in Busan Port (부산항 항만하역시장 안정화 방안에 관한 연구)

  • Ryoo, Dong-Keun;Choi, Jin-Yi;Kim, Tae-Goun
    • Journal of Navigation and Port Research
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    • v.36 no.10
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    • pp.895-904
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    • 2012
  • Today, the competition for hub-port is getting fierce and the shipping liners have enjoyed the increased bargaining power over the terminal operators through the mergers & acquisitions (M&A) and strategic alliances. This result leads the competition among terminal operators to attract liner companies and cargoes in their terminals. In demand side, however, there is a limited container cargo volume to handle because of a steady growth of cargo traffic. While, in supply side, continuous development of port terminals increased more competition among ports or terminals for cargoes. In particular the terminal operating market of Busan port is distorted because of the cargo competition between Busan North-port and Newport. The main purpose of this study is to suggest the stabilization measures of container terminal operating market in Busan port through analysis of the terminal operation market structures and market survey analysis method. For stabilizing the container terminal market, this study suggests the improvement of the legal and institutional system such as improvement in determining and reporting system of stevedoring tariff, establishment of fair competition rules etc., the introduction of port pooling system and adoption of volume-linked terminal lease system with cargo volume ceiling system for each terminal operator.