• Title/Summary/Keyword: Korea SMEs

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Evaluation Model of Technology Protection Competency customized for Small and Medium-sized Enterprises (중소기업 맞춤형 기술보호 수준평가 모델 연구)

  • Park, Sanghoon;Cho, Namwook
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.13 no.2
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    • pp.113-125
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    • 2017
  • In today's highly competitive environment, the importance of technology protection cannot be overemphasized. To evaluate technology protection competency of Small and Medium-sized Enterprises(SMEs), Government has conducted surveys every year but its effectiveness is still in question. To enhance the effectiveness of technology protection for SMEs, a customized evaluation model of technology protection competency has been suggested in this study. Surveys are conducted to measure the relative importance of evaluation areas that can be influenced by the size and type of business. The analysis shows that there exists significant differences between evaluation areas. This study suggests that the effectiveness of technology protection can be enhanced by utilizing a customized evaluation model depending on the size and type of business. Also, the proposed model can be used for SMEs to identify and enhance their weakness in technology protection. Overall, it is expected that the proposed model can be effectively used to protect valuable technologies in various SMEs.

The Effect of Digital Transformation on SMEs using O2O Platforms: Focusing on Customer Engagement

  • Kayoung Shin;Jaeyeon Jeong;Moonkyoung Jang
    • Asia pacific journal of information systems
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    • v.32 no.3
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    • pp.580-600
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    • 2022
  • The purpose of this study is to investigates the effect of SMEs' digital transformation efforts in O2O platforms on customer engagement. This study focuses on digitalization, which is a practically viable phase for SMEs using O2O platforms among the three digital transformation stages (digitization, digitalization, and digital transformation). This study specifically categorizes digital transformation efforts into three categories: information diversity, responsiveness to customers, and the degree of functional use. To analyze the impact of these efforts on customer engagement, we conducted a zero-inflated negative binomial regression using the dataset provided by Naver SmartPlace, a representative O2O platform in South Korea. The results present that the positive relationship between these aforementioned factors and customer engagement. Thus, this study demonstrates that utilizing O2O platforms can be an effective strategy for SMEs that lack the resources to achieve a successful digital transformation.

Exploring the determinants of information systems performance: A case of Korean SMEs

  • Donghee Kim;Jungeun Cho;Sungwook Jung
    • International journal of advanced smart convergence
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    • v.13 no.2
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    • pp.235-248
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    • 2024
  • The performance of informatization differs depending on its utilization, investment and construction methods. This study analyzed the key factors affecting the performance of informatization based on a public survey on the information system operation of small and medium-sized companies in Korea. Through structural equation modeling and one-way ANOVA, the study identified the pathways leading to performance. As a result of the analysis, it was confirmed that higher levels of top management support are associated with increased information system use and performance. Similarly, higher levels of information system use are correlated with better performance of information systems. This research is significant as it investigates and reveals how top management support and information system usage work in the cases of SMEs in South Korea, which is a leading country in manufacturing. The findings of this study will provide valuable insights for SMEs, whether they have already developed an information system or plan to do so, in their efforts to enhance corporate competitiveness.

Job Selection, Separation, and Wage Level of SME Workers: based on a Follow-up Survey on Recent College Graduates (중소기업 취업자의 직장선택과 이동 그리고 임금 수준 분석)

  • Park, Jae-Min
    • The Journal of the Korea Contents Association
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    • v.10 no.9
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    • pp.387-398
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    • 2010
  • Recently SMEs(small and medium enterprises) in Korea have experienced severe labor shortages. In particular, college graduates avoiding SMEs are widely spotted. According to previous studies, the main causes of the evasion by college graduates are the inferior working environment and low wages. Some studies also state that SME workers experience discrimination. However, most studies have focused only on unemployment issues of the young graduates. In this research, the results of follow-up surveys on the employment status and job conditions of recent college graduates was linked as a panel data, and the performance of the graduates was analyzed. Based on the analysis, we found college graduates who are employed SMEs are likely to have their initial career fixed to the SMEs. Second, the job separation records of the young SME workers does not show positive labor market performances such as upward movements or wage increases, and the process itself turned out to be entailed frequent separation. Third, the inferior wage level at SMEs and the fact that this effect is cumulatively amplified has been a key factor for evading SMEs. Thus, it is difficult to say that the early-stage careers in SMEs are constructive in future career development. On the contrary, the early careers at SMEs result in lower labor market outcomes, and frequent job separation.

Demand on Government Sponsored Loan and Successful Case Study on ICT SMEs : Focused on 'ICT Government Sponsored Loan Project' (ICT 중소기업 정책융자금 수요와 지원기업 성공사례 연구 : ICT 융자사업 중심으로)

  • Khoe, Kyungil
    • Journal of the Korea Convergence Society
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    • v.8 no.1
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    • pp.213-220
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    • 2017
  • This Study conducts a survey of ICT SMEs participating in 'ICT Government Sponsored Loan Project' for researching general demands on Government sponsored loans and studies successful company case by inspecting background of R&D, performances, impacts, prospects, episodes, etc. Actually, survey results show that ICT SMEs demand more of Government sponsored loans and that stable financing is a core factor and the most difficult task for successful R&D. In conclusion, these results implicate that Government has to create new policies for competitive ICT SMEs to recover financial stability through developing and commercializing technologies.

A Case Study on the Application of PSDM for Development of Product Information Systems (생산정보시스템 개발 방법론(PSDM)의 적용 사례연구)

  • Joo, Seok-Jeong;Hong, Soon-Goo;Park, Soon-Hyoung
    • Journal of Information Technology Services
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    • v.10 no.2
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    • pp.61-74
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    • 2011
  • SMEs(Small and Medium-sized Enterprises) have implemented the various IT-based Production Information Systems(PIS) to cope with the highly competitive environment as well as to improve their competitiveness and productivity. For the efficient development of PIS In SMEs, standardizing the system development process is required. Methodology for the development of PIS is especially important for the systematic and efficient implementation to communicate among the SI companies, SMEs, and a supervision agency. TIPA(Korea Technology and Information Promotion Agency for SMEs) has developed PSDM(Production System Development Methodology), and supplies it to the SI companies. The research goal of this paper is to explore the productivity improvement by adopting the PSDM with the cases of SI companies applied PSDM. The results show that such benefits as risk management, productivity improvement, easy system implementation and maintenance are perceived by PSDM Users. This research could be the first case study reveal the effectiveness of PSDM. For further research, the survey could be carried out with more samples.

The influence of Servitization Decision Factors on the Performance of SMEs : Focused on the Mediating Effects of Servitization Competency (중소제조업의 서비스화 결정요인이 성과에 미치는 영향 : 서비스화 역량의 매개효과를 중심으로)

  • Suh, Jieyoun;Park, Kwangho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.2
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    • pp.49-61
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    • 2019
  • As the technological gap amongst manufacturers decreases, the life cycle of products has shortened, and competition accelerates due to the development of technology, incumbent manufacturing companies face growth limitations. In order to overcome such business issues, manufacturing companies are increasingly interested in changes in business models and innovations, especially in the direction of providing services where they can maintain the competitive advantage of their products. In such context, this empirical study examines managerial leadership, differentiation strategies, and products and services pricing as 'servitization factors', which can be driving forces for moving into a new era of growth for Korean SMEs, focusing on the mediating effects of servitization competency. The results are as follows : First, it was confirmed that executive leadership, differentiation strategy, and information & communication technology capability have a direct effect on service sales. Second, the process competency, partnership competency, and ICT competency, which are presented as the service competence of SMEs, were found to play an important role in inducing service sales in managerial leadership, differentiation strategy, product and services pricing. It also emphasized the role of the public policy such as helping to foster SMEs as key partners in the expansion of social facilities and establishing platforms through ICT and data utilization for the convergence of manufacturing services.

Policy-based Loans to Korean SME Exporters and the Intensive Margin of Exports

  • Whang, Unjung;Koo, Kyong Hyun
    • East Asian Economic Review
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    • v.26 no.3
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    • pp.179-204
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    • 2022
  • This study examines the extent to which policy-based loans to SME exporters affect their export performance (the intensive margin of exports). We also investigate the heterogeneous export effects of policy-based loans that may depend on firm- and industry-specific characteristics, such as credit ratings, debt-to-assets ratios, firm size and age. To do so, we conduct a survey, of 1,000 Korean SMEs, that collect information on firm-level exports and policy-based loans. The main empirical findings strongly support that SMEs that receive policy-based loans tend to increase their export volumes. However, these loans' positive impact on exports are only valid for SME exporters with credit scores of 12 or greater (that is, SMEs that have difficulty accessing the external financial market). The estimation results with respect to SMEs' dependence on external financing imply that policy-based loans for SMEs in sectors that are heavily dependent on external finance are effective in that they are instrumental in increasing these firms' exports. These empirical findings emphasize the importance of the external financial market to SME exporters who face various up-front investments that are related to their exporting activities.

Electrical insulating design of 600kJ conduction cooled HTS SMES

  • Choi, Jae-Hyeong;Kwag, Dong-Soon;Cheon, Hyeon-Gweon;Min, Chi-Hyun;Kim, Hae-Jong;Seong, Ki-Chul;Kim, Sang-Hyun
    • Progress in Superconductivity and Cryogenics
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    • v.9 no.2
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    • pp.27-30
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    • 2007
  • The electrical insulation design and withstanding test of mini-model coils for 600 kJ class conduction cooled high temperature superconducting magnetic energy storage (HTS SMES) have been studied in this paper. The high voltage is generated to both ends of magnet of HTS SMES by quench or energy discharge. Therefore, the insulation design of the high voltage needs for commercialization, stability, reliability and so on. In this study, we analyzed the insulation composition of a HTS SMES, and investigated about the insulation characteristics of the materials such as Kapton, AIN and vacuum in cryogenic temperature. Base on these results, the insulation design for 600 kJ conduction cooled HTS SMES was performed. The mini-model was manufactured by the insulation design, and the insulation test was carried out using the mini-model.

A Research on TF-IDF-based Patent Recommendation Algorithm using Technology Transfer Data (기술이전 데이터를 활용한 TF-IDF기반 특허추천 알고리즘 연구)

  • Junki Kim;Joonsoo Bae;Yeongheon Song;Byungho Jeong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.3
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    • pp.78-88
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    • 2023
  • The increasing number of technology transfers from public research institutes in Korea has led to a growing demand for patent recommendation platforms for SMEs. This is because selecting the right technology for commercialization is a critical factor in business success. This study developed a patent recommendation system that uses technology transfer data from the past 10 years to recommend patents that are suitable for SMEs. The system was developed in three stages. First, an item-based collaborative filtering system was developed to recommend patents based on the similarities between the patents that SMEs have previously transferred. Next, a content-based recommendation system based on TF-IDF was developed to analyze patent names and recommend patents with high similarity. Finally, a hybrid system was developed that combines the strengths of both recommendation systems. The experimental results showed that the hybrid system was able to recommend patents that were both similar and relevant to the SMEs' interests. This suggests that the system can be a valuable tool for SMEs that are looking to acquire new technologies.