• Title/Summary/Keyword: Korean Firms

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An Empirical Study to Support Intellectual Property Strategy Planning in Firms : The Use of Intellectual Property Roadmap (지식재산 전략유형별 R&D 특성분석과 지식재산로드맵 활용방안)

  • Cho, Chanwoo;Lee, Sungjoo
    • Journal of Korean Institute of Industrial Engineers
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    • v.41 no.6
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    • pp.559-571
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    • 2015
  • To strengthen competences, most of firms have co-operated with external partners. This increases the possibility of unexpected conflicts between firms due to the intellectual property litigation. A suitable intellectual property strategy for firms has to be developed to settle this issue. This study aims to analyze an utilization of intellectual property strategy in firms, and tries to suggest a concept of IP roadmap to support intellectual property strategy planning aligned with technology planning process. For the purposes, we derive five types of intellectual property strategy of firms using Korea Innovation Survey. Then, we explore significant affecting factors using a decision-tree and conduct in-depth analysis for them. Lastly, we suggest a concept of IP roadmap, which can be a supporting tool for developing intellectual property strategy in firms, based on analysis results.

The Determinants of Business on The Private Consulting Firms of Rural Development (농촌지역개발 민간컨설팅회사 경영성과 결정요인)

  • Kim, Jung Tae
    • Journal of Korean Society of Rural Planning
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    • v.19 no.1
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    • pp.221-231
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    • 2013
  • The purpose of this study is to investigate the business performance determinants of private consulting firms supporting bottom-up local development projects in rural areas. Under the shortage of well-trained rural development professionals, Private consulting firms support rural development projects driven by the residents. Considering the important role for consulting firms to play in the success in rural development projects, it becomes necessary to review the circumstances of consulting market on rural development projects. This study targeted 80 companies that are listed in the book rural development consulting firms. Analysis showed that factors influencing the business performance are not professional competencies but other external factors. The implications based on the above results need to be considered for policy-making to ensure that consulting company selection must be guaranteed of the consulting firms'capability by detailed fields of consulting firms' capability, and the training system for rural development experts must be formed.

An Empirical Analysis of the Characteristics of Acquiring Manufacturing Firms in Korea : The Focus on Environmental Factors and Firm Performance (합병한 국내 제조기업들의 특징에 관한 실증적 연구 : 환경적 요인과 기업성과를 중심으로)

  • Lee, Younsuk;Park, Soohoon
    • Korean Management Science Review
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    • v.32 no.2
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    • pp.91-109
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    • 2015
  • The M&A of firms has been emerged as the effective means of fast diversification and growth in dynamic environment. However, the empirical research about M&A in Korea has not been implemented rich due to the difficulty of obtaining M&A data. In this research, we empirically investigate the relationships among M&A, environment and firms' performance focused on Korean manufacturing firms, understanding the current practice of M&A in Korea. We use the Manufacturing Productivity Panel Survey Data, which are collected by Korea Productivity Center in 2013. The sample size is 575 and the sample is divided into M&A group and non-M&A group. We conduct logit analysis with the independent variables of environment factors (munificence, dynamic, uncertainty), and firms' performance (sales growth, ROS, labor productivity and Inventory turnover), and dependent variable of M&A group or non M&A group. The results show that M&A is closely related to environment feature and firm performance: M&A firms are likely to be the higher munificence and dynamic and the lower sales growth and higher profitability than non-M&A group. In addition, we also examine the characteristics of firms by M&A types (competitors, customer/supplier and firms from unrelated industry). These results imply that if firms confront the pressure of uncertainty (dynamic) and the lower growth, they tend to choose M&A. Futhermore, to profoundly understand the behavior of firms about M&A, it is required to classify the M&A firms by merge types.

Measuring Relative Efficiency of Korean and Japanese Construction Firms Using Data Envelopment Analysis (자료포락분석을 이용한 한국과 일본 건설기업의 상대적 효율성 분석)

  • Choi, Jae-Kyu
    • Journal of the Korea Institute of Building Construction
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    • v.15 no.2
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    • pp.217-226
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    • 2015
  • The aim of this study is to compare relative efficiency Korean and Japanese construction firms over the period of 2000-2013, and to analysis relative efficiency using Data Envelopment Analysis (DEA). This study employs DEA in analyzing of 7 Korean construction firms and 8 Japanese construction firms using 2 input and 1 output variables. The efficiency results of this study is temporarily lowered due to IT Bubble Decay and Global Financial Crisis. The efficiency of Korean construction firms from 2000-2001 is lower Japanese construction firms, but the efficiency of Korean construction firms from 2002-2013 is higher Japanese construction firms. These results mean that the management of Korean construction firms were operating more efficiently than Japanese construction firms.

Relationship between International Sourcing Partnership and Sourcing Performance in Korean Apparel Firms (의류기업의 해외소싱 파트너쉽과 소싱성과와의 관계 연구)

  • 육심현;고애란;고은주
    • Journal of the Korean Society of Clothing and Textiles
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    • v.27 no.9_10
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    • pp.1124-1133
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    • 2003
  • The purpose of this study was to investigate relationships among partnership variables and sourcing performance. Partnership variables were included as: contract conditions, information sharing, communication, conflict, job understanding, monitoring, culture understanding, trust and commitment. Sourcing performance included perceived benefits and sourcing satisfaction. The survey research design was employed with the structured questionnaire. A sample of 104 Korean apparel firms' managers participated in this survey. Apparel firms selected for this study were casual, sports, children's wear firms doing actively international sourcing. For the data analysis, descriptive statistics (i.e., frequency, percent), factor analysis, correlation, and multiple regression analysis were used. Information sharing and job understanding were positively related with trust. That is to say, the better information sharing and the better job understanding apparel firms had higher scores of trust than others. Contract conditions, communication, conflict, and culture understanding were known as predictions of commitment to international outsourcing. The more trust firms had with their vendors, the more commitment the firms had in the international sourcing. This result showed that trust is the essential factor of commitment. Trust and commitment were significantly related with outsourcing performance (i.e., perceived benefits, satisfaction of the international sourcing). Partnership information of international sourcing assembled in the review of literature and the results from this empirical study may assist the domestic apparel firms to make better decision in the adoption process of international sourcing.

An International Comparative Analysis on the Product & Process Innovation -With an Emphasis on the Korean, Japanese and German Chemical Industry- (제품혁신과 공정혁신의 추구방향에 대한 국제비교연구 -한국, 일본, 독일의 화학기업을 중심으로-)

  • Park, Joo-Hong;Lee, Jae-Ha
    • IE interfaces
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    • v.12 no.3
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    • pp.406-413
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    • 1999
  • In this study, we analyzed the innovation pattern of product and process between Korean, Japanese and German chemical firms. To do this study, a mail survey was chosen as the data collection method. For the empirical study, 36 Korean, 35 Japanese and 50 German chemical firms were analyzed. The major results are indicated as follows: (1) The Korean and Japanese firms have focused more on the process innovation, while the German firm have focused more on the product innovation. (2) The Korean and Japanese firms have oriented more to cost saving, while the German firms have oriented more market share. Based on these findings, the Korean firms have no purse simultaneously product and process innovation for strengthening of international. competitiveness, but the direction of the innovation patterns depends on the situations of the nation, industry and company.

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The Precondition of Benefits from IFRS Adoption: Financial Statement Comparability

  • JUNG, Do Jin;HUR, Ji An;JUNG, A Reum
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.255-265
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    • 2020
  • This study examines whether the adoption of International Financial Reporting Standards (IFRS) has increased financial statement comparability among firms and reduced undervaluation of Korean firms in the capital market by enhancing financial statement comparability. The so-called Korea Discount, which indicates an inefficient allocation of capital, has been attributed to lack of transparency and comparability of accounting information. Therefore, an efficient distribution of capital in the market was intended when IFRS was first adopted in Korea, but such progress is based on a premise of enhancement in Korean firms' accounting information comparability. This study conducts empirical analysis by using a comparability measure by De Franco et al. (2011). More specifically, it analyzes differences among comparability of domestic firms following IFRS adoption, with firms in the EU, which adopted IFRS in 2005, and with firms in the U.S., China and Japan that do not follow IFRS. The analysis of changes in domestic firms' comparability finds that their comparability improved following IFRS adoption. Meanwhile, the examination of cross-national differences in comparability demonstrates that, although there has been no significant change in comparability with firms in the U.S. and the EU across Korean industry since IFRS adoption, comparability with China has decreased while that with Japan improved.

A Study on Effective Competitive Intelligence of Korean Firms (국내기업의 효과적 경쟁정보활동에 관한 연구)

  • Kim, Kwangsoo;Kim, Seungjin
    • Knowledge Management Research
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    • v.9 no.2
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    • pp.1-13
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    • 2008
  • The purpose of this study is to investigate the use of elements related to the competitive intelligence(CI) process, methods, and infrastructure in accordance with the degree of CI effectiveness of domestic firms and to propose a guideline for designing and operating an effective CI program in Korean films. The results of this study reveal that, for the elevation of CI effectiveness of Korean firms, it is important to actively utilize the overall CI process, including undisclosed information through human networks, public information through various media, and quantitative and qualitative analyses, an independent CI unit, various CI support systems, such as information and reward systems, and organizational culture of CI openness within an organization. However, CI outsourcing, CI primary objectives, and CI scale do not seem to have a significant influence on CI effectiveness of Korean firms. Based on these results, this research presents some important implications for effective competitive intelligence for Korean firms.

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Analysis of Quality Management Practices in Steel Outfit Firms of Korean Shipbuilding Industry (철의장품을 생산하는 조선기자재 산업체의 품질경영 시스템 분석)

  • Park, Dong-Jun;Kim, Ho-Gyun;Jeong, Hyeon-Seok;Gang, Byeong-Hwan
    • Journal of Korean Society for Quality Management
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    • v.28 no.4
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    • pp.106-118
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    • 2000
  • We analyze the current quality management status for firms producing steel outfits of ships and develop an efficient QMS appropriate to Korean steel outfit industry. The firms recently obtained ISO 9000 certificates and are located in Pusan ${\cdot}$ Kyungnam district of Korea. The analysis is based on the audit results from ISO 9000 for seven steel outfit firms during last three years. We find out major requirements of ISO 9000 and investigate statistical relationship among major requirements, types of data, and groups of firms by using a statistical package, SAS. Recommendations regarding add-on requirements are suggested to install an efficient QMS in Korean steel outfit firms.

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The Patterns of Technology Strategy Formulation: The Case of Korean Firms

  • Yang Heeseung
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.173-176
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    • 2004
  • Understanding the fact that more spending for R&D is merely a necessity, not a factor of success, managing technological development efforts effectively and efficiently for higher R&D productivity and sustainable growth has become an important issue for contemporary firms. Based on a survey on small- and medium-sized manufacturing firms, this paper explores the relationships of leadership positions, technological contents and acquisition methods of korean firms. This paper has identified several findings from Korean manufacturing firms: (1) five different patterns are identified in the technology strategy of medium-sized companies; (2) a significantly positive relationship exists between a firm's leadership position and the aggressiveness in technological contents of their acquisition methods; (3) a significantly positive relationship of some technology acquisition methods to the firms' leadership position exists,

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