• Title/Summary/Keyword: Korea SMEs

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A study on digital transformation of SMEs from the perspective of information technology

  • PAN, Xiao-Yan
    • Fourth Industrial Review
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    • v.2 no.1
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    • pp.33-43
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    • 2022
  • Purpose - With the rapid development of information technology, the digital economy has become an important grip of the new development pattern, and the digital transformation of enterprises is a major trend. As SMEs are the mainstay of the economy and employment, it is important to study the digital transformation of SMEs to promote the development of the digital economy. Research design, data, and methodology - Based on a resource-based view, this report analyses the current situation and issues of digital transformation of SMEs from the perspective of digital orientation as well as the breadth and depth of technological capabilities of enterprises, using data from a survey of 200 manufacturing enterprises in China. Result - The results show that SMEs generally have a digital transformation mindset, but a weak digital foundation. In order to execute a digital strategy, companies need digital transformation capabilities. These behavioral capabilities are guided by the strategic direction of the business, and companies with strong capabilities are always trying to tap into the full digital potential. Conclusion - In order to effectively promote the digital transformation of SMEs, we suggest that SMEs pay attention to digital capability building, make good use of digital platforms and network resources, and lay a solid foundation for digital transformation; meanwhile, we suggest that government departments play a guiding and supporting role to build a cross-industry and cross-sector digital synergy system to help promote the development of SMEs' digital transformation. This paper presents some suggestions from both the internal and external environment of the enterprise, with the expectation of contributing to the digital transformation practices of SMEs.

Implications of IT Awareness and Digital Marketing to Product Distribution on the Performance of Makassar SMEs

  • Johannes Baptista HALIK;Dian Anggraece Sigit PARAWANSA;Indrianty SUDIRMAN;JUSNI
    • Journal of Distribution Science
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    • v.21 no.7
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    • pp.105-116
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    • 2023
  • Purpose: SMEs are one of the largest contributors to GDP for Indonesia. This study aims to investigate the effect of IT awareness and digital marketing on the performance of SMEs in the city of Makassar through product distribution. Research design, data, and methodology: IT Awareness and Digital Marketing are independent variables in this study, while Product Distribution is an intervening variable in viewing the performance of SMEs in Makassar City. The data is processed using Smart-PLS. The samples used were 381 business units operating in the city of Makassar. Results: From this study it was found that IT Awareness and Digital Marketing had a significant and positive effect on the distribution of products from SMEs in the city of Makassar. However, IT Awareness and Digital Marketing do not directly affect the performance of SMEs in the city of Makassar. So it can be concluded that both IT Awareness and Digital Marketing only affect the performance of SMEs in Makassar City through Product Distribution, not directly. Conclusions: From this study it can be concluded that SMEs in the city of Makassar should start increasing their IT awareness and use digital marketing to increase their product distribution to improve the performance of their SMEs.

Design of Superconducting Magnets for a 600 kJ SMES (600 kJ SMES System의 초전도 마그넷 설계)

  • Park, M.J.;Kwak, S.Y.;Lee, S.W.;Kim, W.S.;Hahn, S.Y.;Choi, K.D.;Han, J.H.;Lee, J.K.;Jung, H.K.;Seong, K.C.;Hahn, S.Y.
    • Progress in Superconductivity
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    • v.8 no.1
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    • pp.113-118
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    • 2006
  • The design of superconducting magnets for a 600 kJ SEMS was discussed. The basic constraint conditions in the design of a 600 kJ SMES magnet were V-I loss(<1 W), inductance of magnet(<24 H), the number of Double Pancake Coils(DPC about 10), the number of turns of DPC(<300), outer diameter of DPC(close to 800 mm) and total length of HTS wire in a DPC(<500 m). As a result of optimum design, we obtained design parameters of the 600 kJ SMES magnet with two operating currents, 360 A and 370 A, which are in the limited conditions without V-I loss. V-I loss of each operating current was calculated with design parameters and V-I characteristic of the HTS wire. As a result of calculations, V-I losses with operating currents of 360 A and 370 A were 0.6 W and 1.86 W, respectively. Even though all design parameters of the SMES magnet in case of operating current of 360 A were in the restricted conditions, V-I loss of SMES magnet showed a tendency to generate at local DPCs, which are located on the top and the bottom of the SMES magnet more than that of the other DPCs.

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Suitability Analysis of SMEs Support Means by Customized Information Analysis (맞춤형 정보분석의 중소기업 지원 수단 적합성 분석)

  • Bae, Sang-Jin;Ko, Chang-Ryong;Seol, Sung-Soo
    • Journal of Korea Technology Innovation Society
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    • v.20 no.1
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    • pp.81-102
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    • 2017
  • Financing, manpower support and tax are the most popular tools for policy for small and medium enterprises (SMEs). This paper, however, will introduce information analysis support for SMEs and will prove that can be a good tool. The information analysis support means the support of technology and market information for the technology development or commercialization of SMEs. Therefore, the support is a customized one. In the theory domain, we adopt and prove two theoretical grounds as an SMEs policy such as market and system failure. In the policy tool domain, we suggest four requirements to be an SMEs policy and prove the tool to satisfy these requirements. All the data and proofs are from a government research institute called K.

E-Business Platform for SMEs in GMS Countries

  • Yi, Hong;Zhou, Yue;Wang, Yuan-liang;Liu, Qian-Hua
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2007.02a
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    • pp.213-223
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    • 2007
  • E-Business Platform for SMEs in GMS Countries(GMSEB) is a E-business service portal which based on Yunnan, face to ASEAN, connect with China's mainland. lt is established by Kunming Dongxun Sic&Tech Co.,Ltd and E-Business Centre of Yunnan University of Financial & Economics, who get supports from UNESCAP, Science and Technology Department of Yunnan Provincial and Yunnan SMEs Bureau. The portal will bulid a B2B & B2C E-business and. ASP portal to provide service of e-business and enterprise management informatization according with the different languages and situation to China and GMS countries. The paper starts with analysis of the policy in China of promoting GMS cooperation and exchanges, importance of Yunnan and cultural universality in GMS countries. It expounds the necessity of establishing such a regional e-commerce platform. The project explores how to develop the model of e-business and enterprise management informationization for SMEs under the condition of weak economic strength and scarcity of Information Technology talents. To promote the SMEs in GMS countries participate in the integration with the global economy through the international SMEs'E-business Platform, make a fairly rapid progress by full play to its advantages.

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Do Creativity and Intellectual Capital Matter for SMEs Sustainability? The Role of Competitive Advantage

  • SRIKALIMAH, Srikalimah;WARDANA, Ludi Wishnu;AMBARWATI, Diana;SHOLIHIN, Ustadus;SHOBIRIN, Rizky Arief;FAJARIAH, Nuraidya;WIBOWO, Agus
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.397-408
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    • 2020
  • SMEs as an organization to succeed and to be sustainable must have the most essential and strategic capital, namely creativity, competitive advantage, and intellectual capital. This study aims to explore how creativity and intellectual capital determines SMEs' sustainability as well as examine the emerging role of competitive advantage in supporting this relationship. A quantitative method was applied to gain a better understanding of the relationship between variables undergoing Structural Equation Modeling with Partial Least Square (SEM-PLS). This study collected data from 123 SMEs in East Java of Indonesia using an online survey. The approach adopted in this study is a convenience random sampling method, which is widely used in entrepreneurship and SMEs' sustainability research. The findings showed that intellectual capital positively affects both competitive advantage and SMEs' sustainability. Additionally, the result of this study confirms a robust relationship between intellectual capital and SMEs' sustainability. However, partially, creativity failed in explaining SMEs' sustainability. Furthermore, this study confirmed that competitive advantage has successfully mediated both the influence of creativity and intellectual capital to SMEs' sustainability. Although this research only involved participants in East Java, this study can be the first step for relevant research of SMEs' sustainability, in particular, in Indonesia.

A Study on Improvement Plans for Technology Protection of SMEs in Korea (중소기업 기술보호 개선방안에 대한 연구)

  • Lee, Jang Hoon;Shin, Wan Seon;Park, Hyun Ju
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.2
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    • pp.77-84
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    • 2014
  • The purpose of this research is to identify and develop technology protection plans for small and medium-sized enterprises (SMEs) by analyzing past technology leakage patterns which were experienced by SMEs. We identified factors which affect the technology leakage, and analyzed patterns of the influences using a data mining algorithms. A decision tree analysis showed several significant factors which lead to technology leakage, so we conclude that preemptive actions must be put in place for prevention. We expect that this research will contribute to determining the priority of activities necessary to prevent technology leakage accidents in Korean SMEs. We expect that this research will help SMEs to determine the priority of preemptive actions necessary to prevent technology leakage accidents within their respective companies.

Analyzing Government Support Program for R&D Collaboration and Distribution for Korean SMEs: A Case for Equipment Leasing Program

  • PARK, Mun-Su;CHANG, Soonwoo Daniel
    • Journal of Distribution Science
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    • v.20 no.12
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    • pp.99-108
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    • 2022
  • Purpose: This study attempted to identify determinants affecting research collaboration and R&D distribution activities, especially regarding facility and equipment leasing of small and medium enterprises (SMEs) in South Korea. The objective of this study was to find the most significant firm characteristics that affect firms participating in an R&D collaboration and distribution program and investing in R&D in terms of leasing payment for equipment. Research design, data, and methodology: This study analyzes which SMEs' characteristics influence external research cooperation activities by examining the SMEs that received government support for equipment leasing using multiple regression analysis and residual plots. The survey combined two databases: 1) a fact-finding survey of participating firms by the Ministry of SMEs and Startups, and 2) leasing information by the Korea Association of University, Research Institute and Industry. Results: The study found that firm size positively impacts R&D investment, R&D collaboration and distribution. Conclusions: The study provided evidence to policymakers and government officials that firms with more employees will more likely participate in government support programs. The study results also prove that government officials believe firm location does not impact R&D investment, R&D collaboration and distribution.

Social Media Adoption in SMEs Impacted by COVID-19: The TOE Model

  • EFFENDI, Mohamad Irhas;SUGANDINI, Dyah;ISTANTO, Yuni
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.915-925
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    • 2020
  • The purpose of the research is to analyze the behavioral intention to adopt social media in SMEs affected by the COVID-19 crisis, based on the TOE Model. This study uses the TOE framework as a theoretical basis. This research is important because COVID-19 has destroyed most of the SMEs, and SMEs are exposed to social media technology to market their products. The success of social media adoption has helped SMEs to be able to rise from adversity. Respondents in this study were 250 SMEs in the Special Region of Yogyakarta, Indonesia. The data analysis technique used is structural equation modeling with AMOS. The results of this study indicate that SMEs affected by the COVID-19 crisis have a high awareness of social media and have a high intention to adopt social media as a way to market their products and connect with customers. The intention to adopt social media is significantly influenced by the technological context, organizational context, environmental context, and social media awareness. The findings of this study suggest that in times of crisis due to the COVID-19 pandemic, the Government support is needed. The Government needs to open services for SMEs whose businesses are affected by the pandemic.

An Empirical Study on Adoption of Open Technological Innovation for SMEs based on Information and Technology (국내 IT중소기업의 개방형 기술혁신 수용에 관한 실증연구)

  • Joung, Seok-In
    • Journal of Information Technology Applications and Management
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    • v.20 no.4
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    • pp.47-66
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    • 2013
  • Recently, with the diffusion of a new paradigm named as the creative economy, the government's interests and efforts regarding support of SMEs' R&D have been concentrated. In particular, due to the dominant perception that the fundamental science and original technology from government-funded research institutes can further enhance the capabilities of SMEs' R&D, the importance of performance's diffusion on national R&D is further emphasized. In fact, the domestic SMEs don't have enough budget and workforce, so that all of self-contained technologies, product's competitiveness as well as the R&D capabilities, are very vulnerable, and thereby SMEs' commercialization is very likely to fail. For this end, SMEs need to adopt the concept of open innovation as the use of external R&D resources by licensing. In this study, we conducted a survey on a total of 286 domestic IT SMEs, and analyzed empirically to compare the degree of their acceptance on technological innovation between two groups divided by open/not-open innovation. As a result, we drew some of the key factors influencing the acceptance of the SMEs' open technological innovation, and found a variety of implications through them.