• Title/Summary/Keyword: Life Cycle Hypothesis

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An Exploratory Study on Relations between Fashion Life Style & Consumer Behavior at Decline Stage of the Fashion Life Cycle (패션라이프스타일, 사장 및 재활용행동의 관계에 대한 탐색적 연구)

  • 권기대;김승호;이순자
    • Journal of the Korean Society of Clothing and Textiles
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    • v.26 no.2
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    • pp.280-291
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    • 2002
  • This study was to apply FLC(Fashion Life Cycle) concept with extended PLC(Product Life Cycle) theory of marketing for a basis. This article was particularly analyzed relations between demographic variables and fashion lifestyle toward consumer's behavior at decline stage of FLC empirical study was to target women's formal dress. Data were collected from the adult females residing in Youngnam district. Sampling were peformed pretest and main survey. Total 386pcs of answers were used for final analysis. The results of analysis were as follows. First, Hypothesis 1 & 4 were showed meaningful differences between fashion lifestyle patterns and consumer's behavior at decline stage of FLC according to demographic characteristics. Second, Hypothesis 2 also was adopted meaningful differences of consumer's hoarding behavior at decline stage of FLC in accordance with fashion lifestyle patterns. Third, Hypothesis 3 of fashion lifestyle patterns which has related consumer's recycling behavior at decline stage of FLC was rejected. In conclusion, This article discusses implication of fashion marketing strategies and summaries..

The Effect of Entrepreneurship of SMEs on Corporate Capabilities, Dynamic Capability and Technical Performances in South Korea

  • Yi, Ho-Taek;Han, Chang-Nam;Cha, Yong-Bong
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.4
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    • pp.135-147
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    • 2018
  • There has been a recent increase in the interest towards founding companies and in line with the South Korean Government's policy on start-up support, discussions are rife about the effect of entrepreneurship on the management and performances of these companies. To enhance the competitiveness of SMEs, it is expedient to acquire and deploy consistent entrepreneurship, differentiate corporate resources, ensure the appropriate utilization of resources and the integration of such factors in response to the changing environment. This research examines relationships among entrepreneurship, three components of corporate capabilities, dynamic capability and technical performance based on resource-based view and the dynamic capability theory. The authors also investigate the moderating role of corporate life cycle. To test the hypothesis, we conducted a survey on 352 technologies -innovative SMEs located in South Korea via professional research institutes. The findings confirm the hypothesis that SMEs' entrepreneurship has a positive effect on three kinds of corporate capabilities (e.g., marketing, R&D, operations capability), and it had a positive effect on dynamic capability, whiles dynamic capability also had an influence on technical performances. The findings also confirmed the hypothesis that corporate life cycle moderates the relationship between dynamic capability and technical performances respectively. The research implications for both practitioners and academicians are discussed.

Analysis of factors which affect Customer Satisfaction through Life cycle of Residence (주거 Life-cycle상에서 고객만족도에 미치는 영향요인 분석에 관한 연구)

  • Choi, Jeong-Phil;Kim, Jeong-Hak;Kim, Jae-Jun
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.6
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    • pp.99-105
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    • 2008
  • Resent, requirement of residents is socially increasing for apartment. Apartment housing os developed to reduce the housing shortage caused by urbanism after industrialization in Korea. The Purpose of this study is to analyze the casual relationships of housing satisfaction, living Life-Cycle on all residents of apartment housing. This study develops a theoretical model based on the previous studies, and testifies the hypothesis through analyzing to questionnaires form 643 residents of apartment housing. Then, the data were analyzed by SPSS12+ program package in terms of frequency, correlation analysis and multiple regression analysis. The results of this study is summarized as the followings: The perceived quality had positive effects on the factor of living Life-Cycle and housing satisfaction. Finding of this study can provide valuable information for a criterion of decision making to consumer and a marketing strategy of housing construction company.

Korea's Aging Population and Household Saving Rate: Evidence for an Extended Life Cycle Income Hypothesis

  • Kwack, Sung Yeung
    • KDI Journal of Economic Policy
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    • v.26 no.1
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    • pp.105-140
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    • 2004
  • Korea is entering the class of aging population nations. This paper investigates the extent demographic factors and the aging population affect the saving rate, using an extended life-cycle/permanent-income hypothesis on saving. The results of the tests with Korean household survey data from 1977 to 2002 reveal that real saving rates increase when the duration of lifetime and per household real disposable income rise, and decrease when the growth rate of income and net worth-to-GDP ratio rises. The growth rate of per household real disposable income has negative effects, suggesting that households calculate their life cycle income in a forward looking manner. The elasticities with respect to a change in the lifetime horizon and the growth rate of per household income are 0.58 and -0.03, respectively. A one percent rise in the net worth to GDP ratio reduces the saving rate by 0.3 percent. A one percent rise in per household income increases it by 0.33 percent. The younger-age and the elder-age dependency ratios have insignificant effects on the household saving rate behavior. When Korean life expectancy rises, the private saving rate declines modestly and the government saving rate declines substantially. The economy's real net saving rate declines from 33 percent in 2002 to 30 percent by the year 2030.

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The Study of the accural according to Corporate Life Cycle (기업수명주기에 따른 발생액의 산정방법에 관한 연구)

  • Park, Sung-Jong;Jin, Eun-Back;Han, Kyung-Il
    • Journal of Digital Convergence
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    • v.10 no.7
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    • pp.77-83
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    • 2012
  • The purpose of this paper is to find out what impact the accural has on the each stage of corporate life cycle. In order to meet that purpose, we collect the financial information from 2001 to 2010 of listed companies and then the regression analysis was carried out to verify the hypothesis. The finding shows that the accural of maturity stage is significantly bigger than those of introductrory, growth stage and smaller than those of shake-out, decline stage.

International Marketing Strategies for Chungbuk's U-Health Industry (충북 u-Health 산업의 국제적 마케팅전략 연구)

  • Ha, Dae-Yong;Oh, Sang-Young
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.6
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    • pp.1655-1661
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    • 2007
  • Recently, various industries have appeared which are applied ubiquitous technology. Particularly, health and medical fields, have been focused as future's industry, have been combined with ubiquitous system. This is what we called' u-Health industry. Korean government has encouraged local governments to develop specialized high value-added industries along each local's circumstance. According to the policy, I had an assumption that u-Health industry is Chungbuk province's specialized high value-added industry and studied marketing strategy for the point of penetration into markets. I presented STP strategy for international markets. This strategy referred to developed countries' aging index and based on Modigliani's life cycle hypothesis. Finally, considering none of u-Health has been released, I presented strategies of marketing mix to be utilized when u-Health items march into the markets.

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The Analysis of household Income and Expenditure For Family Economic Planning -for the Housewives in Busan- (장기 생활설계를 위한 가계 분석)

  • 김영숙
    • Journal of Families and Better Life
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    • v.1 no.2
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    • pp.59-73
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    • 1983
  • The purpose of this study is to establish the family economy planning in the side of economic welfare and to discuss its problems. Hypothesis testing and survey analysis whether nuclear family have been formed in the urban communities or not are investigated. Also, survey of family economic period are classified in the following manner. First, as the beginning of family, they are interested in savings, children's education and investment of an estate. Third, as the contracting period of family, they rely upon other's financial supports. Therefore, it is desirable for each family to establish family life cycle planning. As the results of hypothesis testing, 1) Nuclear family have been formed in urban communities. 2) The age of housewives is not concerned with whether their husband's parents live in the same house or not. 3)The age of housewives is not concerned with whether their parents lived with them or not. 4) The relationship between the age of housewives and monthly income is not significant. 5) The relationship between the age of housewives and monthly expenditure is significant. 6)The relationship between the age of housewives and monthly savings is not significant.

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Labor Status of Old age: Lifetime Career and Wealth as Mediators (노후 노동지위: 생애노동경력과 재산을 매개로)

  • Ji, Eun-Jeong
    • Korean Journal of Social Welfare
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    • v.61 no.1
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    • pp.323-357
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    • 2009
  • This study illuminates the mechanism of life course on labor status of old age complementing the limits of labor status hypothesis of old age and model of statues attainment and combining them. The main results from this analysis are summarized in four points. Firstly, older men mostly engaged in agriculture, forestry and fishing industry or low-class occupations. A very small portion held high level or professional occupations. Regular full-time employees or employers were only 4.4% while, about 70% of older employees were temporal employees or self-employed. This shows that the elderly affluence hypothesis which alleges that most older men maintain high level occupations, applies to only a few. The second finding is that wealth differentials are sizable: about 20% of older workers own less than 50 million won, while 9.3% possess more than 600 million won. Therefore, it is not safe to claim that most people have accumulated enough wealth for old age according to the elderly affluence hypothesis. This gap being mainly reflected by education level, suggests that the model of status attainment is appropriate as wealth accumulation hypothesis. Thirdly, educational level determined not only lifetime careers, but also labor status of old age. Fourthly, using path analysis, the last finding is that education had effect on labor status of old age through lifetime career and wealth. That is, old men who have low education level had unstable lifetime career and own less wealth. They work in low income job, low social occupations and unstable occupation type in old age. This shows that life inequality continues until old age. Therefore, the inequality of education opportunity, spread of part-time work and small scale self employees should be discouraged. Furthermore, related policy should be provided in order to prevent being caught in unstable work.

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Sustainability of Spending and Adjustable Level of Consumption According to a Step-by-step Use of Retirement Assets : Focused on Overspending Households of Single Retired Elderly (자산의 단계적 사용에 따른 생활유지가능성과 조정가능 소비수준 : 초과지출을 하는 1인 은퇴노인가계를 대상으로)

  • Kim, Min-Jeung
    • Journal of Family Resource Management and Policy Review
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    • v.16 no.4
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    • pp.45-68
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    • 2012
  • This study performed an analysis to determine if an individual can maintain the current consumption, in the case of a single retired elderly person's household using the accumulated assets. Assets are divided into three types, based on the behavioral economics life cycle hypothesis : financial assets, real assets excepting residential assets, and residential assets, and it is assumed that these assets were used on a step-by-step basis. Also, if the assets were sufficient, the maximum withdrawal amount was calculated. The results of the analysis are as follows. First, the monetary assets were sufficient to cover the cost of living for 2.7 years, 6.4 years by using the real assets of the non-occupied housing, and 26.3 years in the case of residential property. Second, in the case of preferentially using the financial assets, 4.4% of the sample households were able to cover the cost of living. Households that were not able to cover the cost of living used the next-stage assets, real assets of the non-occupied housing. Households that were not able to cover the cost of living by financial assets liquidated the real assets with the exception of residential assets and used these to cover the cost of living. A total of 4.8% of the households were able to maintain the current cost of living through the second stage and 25.5% supplemented their funds by using residential assets. That is to say, 35% of the sample households were able to maintain the current level of living by using their assets.

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Application and Evaluation of Spa Town Life Cycle Model through a Case Study of Bath Spa, United Kingdom (관광지 라이프사이클 모형의 검증 - 영국의 바스 온천을 사례로)

  • Young Hee Lee
    • Journal of the Korean Geographical Society
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    • v.38 no.3
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    • pp.413-425
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    • 2003
  • This article aims to validate empirically and verify theoretically, the applicability of the spa town life cycle model to Bath Spa located in United Kingdom. In order to test the model, the indicators of the model that associated with the rate of transportation infrastructure, the length of stay, tourist facilities, competitive resorts, advertising, tourism policy, environmental problem and the attitude of residents were examined through a comparative analysis. According to the result of this research, the indicators of 7 items excepting competitive resorts applied to Bath Spa. The competitive resorts of Bath Spa emerge at the maturity stage differing from the model that appeared at the stagnation stage. In conclusion if the new hypothesis of competitive resorts is added to the model, the model will be applied to western spa town, which has a small scale and a long history.