• Title/Summary/Keyword: Internationalization Level

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A Study on the State-of-the-Art Technology Level Evaluation and Internation R&D Cooperation in the Field of Mechanical Engineering by Delphi Method (Delphi기법에 의한 기계공학기술의 수준평가 및 국제 기술협력기반에 관한 연구)

  • Y.J. Kwon;S.H. Joo;Kim, H.B.
    • Journal of the Korean Society for Precision Engineering
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    • v.13 no.7
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    • pp.45-58
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    • 1996
  • We provide a set of information on technologies in the area of mechanical engineering to draw meaningful action plans for the internationalization of National R&D activities. In this study, we employed a modified Delphi method to evaluate levels of our technoligical capabilities and developed countries' as well. We investigate technology acquistion methodologies, technology charcteristics and various aspects of interna- tional cooperation in terms of technology. Then, we analyzed final responses of participants(i.e., the third round results of Delphi method) to see the correlation among various factors in developing mechanical engineeing technologies through international cooperation. The technology classification used in this research was devel- oped by STEPI(Science and Technology Policy Institute). In conclusion, our mechanical engineering technology is investigated to be below the middle level stage of technology(i.e., the stage of digesting acquired technologies) except the shipbuilding equipments technology which is evaluated to be on the top level stage of technology.

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A Case Analysis of Entry in Global Fashion Market : The Case of Zara and Uniqlo (해외 패션시장 진출 사례분석: 자라와 유니클로를 중심으로)

  • Kim, Hyojung;Kwon, Ki-Hoon
    • International Commerce and Information Review
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    • v.15 no.4
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    • pp.509-532
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    • 2013
  • This paper analyzed the functional global entry process of firms by real business cases. We reviewed the global firm Zara and Uniqlo's functional global entry process by Malnight (1995) four-step model which is composed of appendage, participation, contribution, integration stages. We found that both Zara and Uniqlo made successful internationalization using integrated global value chain. However, Zara maintained the home-initiated internationalization strategy on whole value chain, Uniqlo operated subsidiary-initiated functional strategy in specific value chain activities. This study suggests that internationalization occurs at the level of the function, rather than the firm. In addition, this study suggests practical implication to Korean fashion firms that global firms should maintain the functional global entry strategy basing on firm's internationalization steps.

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The Internalization Strategies for Venture Business (벤처기업의 국제화 전략)

  • Kim, Sung-Ho;Kim, Pan-Jin;Na, Seung-Hwa
    • Journal of Distribution Science
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    • v.7 no.3
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    • pp.101-122
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    • 2009
  • This study examines internationalization determinant factors, motivation and goal of internalization, market entry methods, timing, region, internalization strategy and access method, internationalization performance and success factors, problems and troubles of internalization, and ultimately suggests internalization strategies for domestic venture companies. The study found that interior factors of internationalization determinant factors are characteristics of new firm and technological capabilities while exterior factors include narrow domestic market, industrialization level, competition level, product life cycle, economy of scale, and global network. Motivation was found to include securing and preoccupying market, cost reduction and efficient production through moving of production base, and the necessity of network formation.

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Internationalization of Firms: Mitigating Liability of Foreignness in the Singapore Context

  • Lee Keng NG
    • Asian Journal of Business Environment
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    • v.14 no.1
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    • pp.1-13
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    • 2024
  • Purpose: This study explores the level of relevance of liability of foreignness (LOF) in foreign firms' decision to relocate or to expand their regional headquarters (RHQ) in Singapore. Research design, data and methodology: The research question is: what are the mitigating factors of LOF for RHQs operating in Singapore? This explorative study uses various resources from the government agencies: Singapore Economic Development Board such as annual reports between 2012 and 2022, investment programs and published interviews with RHQ's CEOs, Singapore Department of Statistics such as economic, socio-economic and investment data. Results: My study shows that years of nation-building toward a world-class infrastructure, identifying key-industries and conscientiously enhancing workforce skills and competency, developing and reviewing investment programs to attract and retain RHQs were the mitigating factors of LOF. Conclusion: This implies a low level of relevance of LOF in foreign firms' strategic choice to relocate or to expand their regional headquarters to Singapore. As such, the steady growth of multinational enterprises' (MNEs) RHQs in Singapore presents a challenge to the theoretical postulation of LOF positing that foreign firms are discriminated in host country-environment. As a result, incurring additional costs operating in an unfamiliar environment manifested by varying responses from the local actors. Singapore is a case in point.

Global Value Chains Perspective of Korea Foreign Direct Investment (OFDI) and Policy Direction (GVC(글로벌가치사슬) 관점에서 본 한국의 해외직접투자 현황과 정책방향)

  • Jung, Moo-Sup;Yang, Young-Soo;Kim, Dae-Young
    • Korea Trade Review
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    • v.41 no.4
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    • pp.245-267
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    • 2016
  • The purpose of this study is to investigate the current situation of foreign direct investment of Korea based on GVC (Global Value Chain) perspective and to presentthe policy direction. From GVC perspective which comprehensively describes the world's increasing FDI and imports/exports phenomenon since the 2000s, the level of internationalization of Korea is excessively concentrated in trade. Therefore, the expansion of foreign investment (OFDI, IFDI) is urgently needed. The results of regression analysis using data from 50 countries and the international comparison of major countries including Germany, Switzerland, Singapore, etc, showed that the level of foreign direct investment of Korea is 20 to 30 years behind compared to those major countries. Therefore, exploiting the benefits of trade and foreign direct investment at the same time is needed to increase the level of GDP per capita.

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Does the Rapid Internationalization of Companies affect BGF's Financial Performance? - Focused on the Korean BGF Cases (신속한 국제화 전략이 기업의 성과에 어떤 영향을 미치는가? - 한국의 BGF를 중심으로)

  • Jang, Yeaji;Kim, Hyung Jun
    • Korean small business review
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    • v.42 no.3
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    • pp.123-144
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    • 2020
  • This study attempt to use secondary data from KIS-Value to understand how rapid globalization strategy affects BGF's performance defined five categories such as sales volume, return on investment, net profit per employee, increase in sales, and increase in net profit per employee. In particular, this research defines the BGF based on the export ratio within five years after the establishment and classifies BGF into three levels according to 25%, 50%, and 75% concentration of exports. The main results of this study were first, the rapid internationalization strategy was proven to have a sales effect in the short and long term, and in particular, the short term effect was more significantly compared to the long term effect. However, the impact on the return on investment(ROI) of BGF was found that the more stringent the BGF level, the more short-term effect on ROI, but the longer-term effect was diluted according to time. Third, the sales growth rate is significant in the short-term depending on the BGF level, but do not have long-term effects same as ROI. On the other hand, the growth rate of net profit has shown that the BGF strategy has a negative (-) effect over the long term. In particular, the higher the BGF level, the greater the negative impact on the increase in net profit.

Traditional Korean Costumes, up to the Present and into the Future -Focusing on the Internationalization of the Traditional Korean Costume by Accentuating its Aesthetic Characteristics-

  • Baik, Young-Ja
    • International Journal of Costume and Fashion
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    • v.4
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    • pp.101-111
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    • 2004
  • This study was undertaken to discuss the traditional Korean Costumes up to the present and into the future, focusing on the internationalization by accentuating its aesthetic nature. In order to introduce the beauty of traditional Korean costume to the rest of the world, it is required that Korean fashion industry go through a full-scale renovation so that it can be concord with the contemporary world of information-technology. By having a deeper knowledge and understanding of the aesthetics in traditional costume and using them as guidelines, the present Korean fashion industry can accomplish an advanced level of research and development. The implications of the study are as follows. 1) It is important to recognize the functional aesthetics sociality of traditional costumes and to utilize it through appropriate application. 2) It is imperative to comprehend plasticity and expresiveness of meanings of traditional costumes. 3) Rationality and practicality of uniplanar character of the traditional costumes should also be recognized. 4) The globalization of the traditional Korean costumes will become more suitable to today's information-technology society and recreation of korean costumes by establishing a database through collecting information and systematic analysis of the world fashion trends.

Future Development Strategies for East Asian Journal of Business Economics

  • Byoung-Goo KIM
    • Journal of Research and Publication Ethics
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    • v.4 no.2
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    • pp.13-17
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    • 2023
  • Purpose: EAJBE is actively responding to changes in academic paradigms at domestic and abroad and is carrying out measures to maximize synergy effects between academic fields with the goal of being at the world level. This study aims to present a developmental strategy for EAJBE to grow into an academic journal with international public trust and prepare for future changes. Research design, data and methodology: This paper identifies the current status from the first issue of EAJBE to the present, and analyzes the overall development strategy and direction. Results: EAJBE continues to strengthen long-term investment for internationalization and activities to attract members of excellent scholars. Specifically, first of all, EAJBE aims to operate responsible academic journals, such as guaranteeing the long term of the president of the academic society, the chairman of the editorial board, and the editor-in-chief. EAJBE also focuses on expanding investment for internationalization from a long-term perspective. Finally, EAJBE actively strives for academic exchanges between scholars abroad and at home. Conclusions: EAJBE was indexed in the KCI of the Korea Research Foundation and currently operates a rigorous academic journal to be indexed in the SCOPUS. Already, EAJBE is doing its best to become a successful model for Korean academic journals. EAJBE's path forward will be the first one that no academic society has ever reached as the world's top academic journal.

A Study on Institution Strengthening for International Youth Exchange in Rural Area (농촌 청소년 국제교류 지원체제 강화방안에 관한 연구)

  • Kim, Jin-Sook;Kim, Myung-Hee;Choe, Pyeong-Ik
    • Journal of Agricultural Extension & Community Development
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    • v.11 no.2
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    • pp.241-250
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    • 2004
  • This study was carried out to strengthen institution of international youth change in rural area. References, in the field of international cooperation international youth exchange and youth's volunteer service were reviewed. Considering rural situation, poor human resources in terms of foreign languages and globalization are major problems for international youth exchange. Such problems as poor network among relevant organizations for international youth change, low level of rural internationalization and lacking of development plan for exchange program were pointed out. For effective international youth exchange, the following strategies were suggested : 1) networking among youth, local government, industries and community, 2) youth education for global citizenship, 3) globalization of local industries, local government, and rural community, et.c.

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Strengthening of Veterinary Services for Safety and Quality Control of the Livestock Products as Food in the Market Internationalization Era (국제관방화 시대에 있어서 축산식품의 안전성 및 품질에 대한 수의학적 관리강화 방안)

  • 박근식;박종명;조준형
    • Korean Journal of Poultry Science
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    • v.18 no.2
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    • pp.121-135
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    • 1991
  • Facing the international open-trade of agricultural and livestock products, a basic strategy is urgently necessary to improve the domestic livestock industry to an international level. Price and quality competitions are the most important target in international trade. Improvement in productivity of livestock is the most important factor in price competition. In recent trade of livestock products, quality competition becomes more important than price competition in livestock products, and will be severer in the future. Basic strategies for higher productivity and safety of livestock products are listed as follows : 1. Protection from exotic diseases 2. Eradication of indigenous diseases 3. Development of new methods and techniques for control of animal diseases 4. Application of hygiene and management techniques 5. Safety evaluation of feedstuffs and animal drugs, and 6. Development of technique and regulations for prevention and monitoring of residue of harmful chemicals.

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