• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.11 no.3
• /
• pp.37-48
• /
• 2016

The purpose of this study is to investigate the factors that affect the degree of export intensity of Korean venture businesses, and to analyze the effect of export intensity on corporate performance. We use 1,970 firm data (from Venture Business Survey by Small & Medium Business Administration) and analyze the possible factors of the CEO characteristics, the corporate characteristics, and the environmental factors. Our analysis shows that Korean venture business' CEO characteristics, such as his/her doctoral degree and marketing work experiences, increase their export intensity statistically significantly, while their age does not. In addition, the companies who outsource their products have a higher export intensity, and, as the firm age increases, the export intensity decreases significantly. It is also analyzed that, as the number of export regions or FDI regions increases, their export intensity goes higher. However, firms' higher level of internationalization does not bring higher performance of the venture firms, while it does significantly for the venture firms that are older than 10 years. The result implies that CEO's education or work experiences and strategic approaches are important for corporate globalization, and that it takes time for globalizing venture firms to be able to garner profits from their global investments.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.4 no.3
• /
• pp.39-54
• /
• 2009

As of July, 2009, Chungnam Province get DI (Direct Investment) of 2,502 corporations as the amount of 31 billion US dollars only for 3 years. Especially, Chungnam provincial governor make a excessive performance of 2.5 times comparing to the target number, 1,000 of inviting capital, that is public promise in the election. Now, the amount of inviting foreign capital is 1.2 billion dollars, at the end of this year it might be 1.4 billion dollars just in case of making a success on going negotiations. This outstanding performance comes from governor's leadership and aggressive strategies of well-trained subordinates. Chungnam Province has nation-wide multiple targets focused on interdisciplinary industries including strategic industries of display, auto-parts, steel, and oil-chemistry. Also, it has organic network system based on the very descriptive and accurate informations managing the task force team consisted of 35 competent members. In conclusion, the core competence of inviting foreign capital in a regional government is governor's strong leadership, activated organization consisted of specially well trained subordinates, and predominant differentiated strategies in details.

• Journal of Korea Spatial Information System Society
• /
• v.1 no.2 s.2
• /
• pp.81-98
• /
• 1999

The purpose of this study is to provide a common model and implementation strategies for reusing GIS components in local governments. The common model includes several solutions to remove stumbling blocks step by step in reusing or exchanging GIS application systems between local governments. Elements of the model are component architecture, common business process model, common function model, and data model. The elements are the minimum standards for reusability. In order to realize the desirable common model at present, however, the following problems remain : usable components are insufficient in spatial domains and existing GIS application systems require reinvestment to accommodate the new component technology. Three questions are raised to maximize reusability from a monolithic structure toward layered and the componentized GIS application systems : (1) How can the application systems be reused within a local government?, (2) Can the systems be exchanged when they are in the same computing platform?, and (3) When the systems are componentized by standardized interfaces, are the components replaceable between the systems in local governments? Some strategies are presented to accomplish the objectives implicated in the questions. For the actual implementation, several issues such as evaluation procedures for component products, ownership and commercialization issues, will be brought up in the future. Central and local governments, and commercial party need to co-operate each other to maximize the reusability. Reducing overlapping investments in local governments and obtaining competitive component technology in the commercial party should be recognized as critical tasks for the more efficient and economical GIS implementation.

• Journal of Environmental Policy
• /
• v.12 no.4
• /
• pp.71-92
• /
• 2013

Unlike general public investment projects, when it comes to environmental public investment projects, there is a gap between those who pay the costs, and those who receive the benefits. This is because of the long term nature of environmental investments, which entails that the majority of the costs are paid by the current generation, while the benefits are reaped by future generations. Because of this, when the social discount rate is set at a standard, singular rate, an issue of relative underestimation of the benefits reaped by future generations may occur during the analytic process. This paper begins with the recognition of this problem, and attempts to estimate a suitable social discount rate that can be applied to environmental investment projects. Taking into account recent economic situations, the social discount rate is currently being estimated at between 2.9 ~ 4.9%. Also, this paper used preliminary feasibility studies that took place so far, to analyze the standard pattern of benefit generation. This revealed that alterations in social discount rates can bring significant changes in economic feasibility test results. Simulation results showed that roughly 6% of B/C ratios could be increased by 1%p. resulting in a decrease in social discount rates. Also if we use hyperbolic discount rates, instead of using the current singular rate, there would be a meaningful increase in the benefits for the future generation.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.14 no.6
• /
• pp.11-27
• /
• 2019

The second venture "boom" diffusion strategy can be confirmed to be focused only on financing investment and finance, including achieving 5 trillion won annually in new venture investments, creating 20 unicorns, activating M&As and creating dynamic recovery markets. Of course, existing studies show that the fund is a very important policy for corporate growth, but various policy support will be needed to effectively scale up. To overcome these limitations, the scale-up support policies already in operation are analyzed by introducing scale-up policies in advanced countries such as the U.S. and Britain. It also aims to analyze domestic scale-up policies to draw up implications for establishing more effective scale-up policies. Academically, we are very lacking in research on scale-up at home and abroad, and we propose suggestions through this comparative study of policy cases to contribute to the promotion of various studies related to the scalability aspects of future research topics related to scale-up.

• Journal of Korean Society of Transportation
• /
• v.25 no.6
• /
• pp.99-109
• /
• 2007

There have been few studies on the impacts of independent recurrent and non-recurrent congestion on freeway networks. The main reason is due partly to the lack of traffic data collected during those periods of recurrent and non-recurrent congestion and partly to the difficulty of using the simulation tools effectively. This study has suggested a methodology to analyze the independent impacts of the recurrent and non-recurrent congestion on target freeway segments. The proposed methodology is based on an elaborately calibrated simulation analysis, using real traffic data obtained during the recurrent and non-recurrent congestion periods. This paper has also summarized the evaluation results from the field tests of two ITS technologies, which were developed to provide drivers with real-time traffic information under traffic congestion. As a result, their accuracy may not be guaranteed during the transition periods such as the non-recurrent congestion. In summary, this study has been focused on the importance of non-recurrent congestion compared to recurrent congestion, and the proposed methodology is expected to provide a basic foundation for prioritizing limited government investments for improving freeway network performance degraded by recurrent or non-recurrent congestion.

• KSBB Journal
• /
• v.24 no.6
• /
• pp.495-507
• /
• 2009

As we move into the 21st century, the importance of marine resources is certain to increase due to the accelerated exhaustion of land resources. For the sustainable development of the world, therefore, we need to develop marine chemical bioindustries which enable us to produce industrial chemicals, advanced materials, fuels, and minerals from marine resources such as seaweeds and seawater. In this review, we selected five marine chemical bioindustries which include 1) seaweed polysaccharide industry, 2) marine advanced materials industry, 3) marine biofuel industry, 4) marine sea salt industry, and 5) deep-sea water industry, and discussed the current status and future prospects of each industry sector. It has been assessed that the future of marine chemical bioindustry looks very promising although there are many needs for more intensive research investments on marine bioprocess development through close cooperation between marine biologists and biochemical engineers.

• Journal of the Korea Computer Industry Society
• /
• v.5 no.9
• /
• pp.1101-1110
• /
• 2004

In the first quarter of 2004, there were about 1 billion 348 million mobile phone users worldwide with a penetration rate of only 29%. Korea ranks among the highest in the use of mobile communication, having over 36 million mobile phone subscribers with a mobile phone penetration rate of 75% as of May 2004. Since the introduction of wireless Internet service in May 1999, the number of subscribers rose to 34.5 million with 95.3% of the total mobile phone subscribers using wireless Internet services in May 2004, largely due to continued investments by telecommunication service providers, improvement of mobile handsets (color and digital camera phones) and implementation of policies on mobile number portability. In the Korean wireless Internet market, there are many user complaints since the service providers are competing with each other through TV commercial sales and phone discounts rather than improving their call quality, services and billing systems. therefore there is a growing need to improve the billing systems through means such as the implementation of reasonable payment plans according to consumer use, development of a wireless Internet billing system that can predict the number of users and establishment of pricing standards for controlled data (head, tail, etc...) as well as menu information by testing the texts. multimedia, video and other types of content provided by the three major mobile communication companies. The purpose of this study is to promote wireless Internet services and protect user rights by proposing a reasonable way to improve the billing systems for wireless Internet services after conducting a comparative analysis of file size and billing data of each of the service providers through a verification test on a packet billing system for wireless Internet services.

• International Commerce and Information Review
• /
• v.13 no.3
• /
• pp.433-457
• /
• 2011

This study attempts to make a constructive contribution to the debate on which WTO rules accommodate trade measures for environmental purposes. Does trade undermine the regulatory efforts of governments. However, the theoretical dimensions are partly addressed on the several key questions. For instances, is economic integration through trade and investment a threat to the environment? to control pollution and resource degradation? Will economic grow driven by trade help us to move towards a sustainable use of the world's environmental resources? The growing world economy has been accompanied by environmental degradation including deforestation, losses in bio-diversity, global warming, air pollution, depletion of the ozone layer, overfishing and so on. The sheer number of us obviously put pressure on natural resources and ecological systems, and this pressure will counting to rise as we grow towards 10 billion in the next century. What is more, there is no indication that consumption per capita is slowing. The perceived costs of acting alone in terms of lost investments and jobs often take the stream out of regulatory initiatives. In the worst case scenario environmental community is fearful that international trade will magnify the effects of poor environmental polices in the world Generally, economic growth drive by trade may speed up the process of environmental degradation unless sufficient environmental safeguards are put in place. Under these circumstances, this paper attempts to make a constructive contribution to the study on which WTO rules accommodate trade measures for environmental purposes.

• The Journal of the Korea institute of electronic communication sciences
• /
• v.10 no.8
• /
• pp.851-860
• /
• 2015

Transport Social Overhead Capital refers to public utilities necessary for a nation's basic economic activities, and is divided into roads, railway, subway, ports and so on. It is important to be able to provide these SOC in the right place at the right time to enhance productivity and competitiveness of a nation. In this study, correlation and factor analysis on countries' socioeconomic and transport indicators were performed in order to understand the need for expansion of SOCs including railway, and to identify the impact they have on national competitiveness(productivity). As a result, GDP showed high correlativity(0.59~0.99) with factors such as population, land area, extension of available railroad, and road extension. Specifically, through the analysis of Russia's urban transport system and comparison between socioeconomic indices and SOCs of OECD countries, it was examined that how increasing transport infrastructure investments could enhance national competitiveness. In conclusion, opening new Light Rail greatly affects the growth of GDP followed by the increasing extension of available railroad. Furthermore, if available railroad extension is increased by 10 % from 2014, assuming high speed tram is opened, GDP will likely increase by 21.6%.