• Title/Summary/Keyword: Korean industry development

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Research on Core Competence of Cultural Industry in Korea

  • Li, Yu;Li, Hao
    • Asian Journal of Business Environment
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    • v.7 no.2
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    • pp.17-20
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    • 2017
  • Purpose - This paper will go deep into the analysis of Korean Cultural industry development, and the result of the analysis shows that the cultural value of cultural product, competitive product lines and mature Market Mechanism are core competences of Korean Cultural industry. Research design, data, and methodology - This is a case study in the era of knowledge based economy, Cultural industry has become a new increasing point of economic development. Cultural industry, commonly regarded as an industry with high-ended value, is occupying more important role in economic development and social welfare promotion process. Results - Moreover the increasingly important role of cultural industry will hopefully help to promote industrial upgrading process and finally become a driving force for economic growth and technological innovation. During the process of cultural development, improving core competence of Cultural industry is a key consideration to help the development of Cultural industry in a positive way. Conclusions - From the study above, we find that in order to ensure sustainable development of Cultural industry, emphasis should be put on finding and improving core competence. Core competence of Korean Cultural industry is important and inspiring to the development of Chinese Cultural industry and regional integration in the East Asian area.

An Effect of a Corporation's Network Position in the Korean Space Industry on Performance (한국 우주산업 네트워크에서의 기업위치가 성과에 미치는 영향)

  • Lim, Chang Ho;Kim, Ji-hee
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.29 no.4
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    • pp.67-77
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    • 2021
  • Space development has been led by the state due to huge investment, risks of development failure, and restrictions on international cooperation on technology development and transfer. For this reason, it has been developed mainly by some advanced countries and industrial network formed among them. However, Korean space industry is being promoted by the successful launch of 'KSLV-I' and 'CAS 500-I' and the space launch vehicle "KSLV-II" under development. Recently, Korea and U.S. agreed to end bilateral missile guidelines. Therefore it is expected that development of Korean space industry will be accelerated due to the disappearance of the constraining factors for the development of space launch vehicles. Accordingly, this study examined the development and formation of the Korean space industry through the framework of network analysis. Based on this, the effect of structural position in the industrial network as a resource on the performance of Korean space companies was examined. Panel analysis was applied. Through this study, ideas for fostering the domestic space industry and implications for national policy related with building an industrial ecosystem are derived. It contributes to the development of space industry in Korea.