• Title/Summary/Keyword: Market Competitiveness

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Determinants of the Competitiveness of Women-Owned Small- and Medium-Sized Enterprises: An Empirical Study from Vietnam

  • DAO, Tien Ngoc;LE, Ha Thi Thu;CHU, Phuong Thi Mai;PHAM, Ngan Hoang;LUONG, Trang Thi Dai;TRAN, Dung Tri
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.345-352
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    • 2021
  • Guided by a resource-based theory, this study is the first one that takes a quantitative approach to identify determinants of competitiveness of women-owned small and medium enterprises (SMEs) in Vietnam. The study employs time series data of Vietnamese SMEs extracted from the Vietnam Small and Medium Enterprises Survey conducted biennially from 2005 to 2015 in ten Vietnamese provinces. Firm competitiveness hereby is indicated by revenue, market share, profitability, and export volume. The research reveals a number of determining factors, of all, research and development, labor skills, business environment, technology investment are the most important factors, followed by capital and headcount. It is indicated that the determining factors have different influences on competitiveness obtained by different measurements. Therefore, it is based on specific targets and situations to make wise business decisions. The authors also make comparisons among groups of women-owned enterprises divided by their firm age, location, ownership, export, age, and educational background of business owners. The findings serve as critical empirical evidence and provide policy recommendations for improving the competitiveness of women-owned SMEs in Vietnam. The recommendations range from technology support, education and professional support for female entrepreneurs, access to capital and human resources to business environment improvement.

Competitiveness of Tourism Destinations: An Extended Criteria of Resource-Based View

  • RISFANDINI, Andini;THOYIB, Armanu;NOERMIJATI, Noermijati;MUGIONO, Mugiono
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.253-263
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    • 2021
  • This research aims to increase the tourism destination competitiveness for the city of Malang. This research uses the extended criteria of Resource-based View (RBV): VRIOLU (Valuable, Rare, Inimitable, Organization, Large Market, Unmet Need) to analyze tourism destination competitiveness for the city of Malang. A qualitative approach with a case study research design is adopted in this research. Data was collected using data triangulation, such as an in-depth interview with the informants, direct observation in the form of field notes, and picture documentation. The data was analyzed manually by the researchers using thematic analysis. In this research, VRIOLU, the extended criteria of RBV is proven that it can be used as a tool to analyze tourism destination competitiveness by giving the researchers a framework to get the answers from the informants to achieve the research aim. Suggestions to improve the tourism destination competitiveness for the city of Malang include: (1) Actively promoting the added value that can be given by the city of Malang to the visitors; (2) Forming a tourism board to manage the city of Malang as a tourism destination in a holistic manner; (3) Creating synergistic promotion between the stakeholders of tourism operator and governments.

The Effect of Green Government Support According to Changes in Distribution and Logistics on Export Competitiveness of SMEs: Focusing on the Mediating Effect of Green Dynamic Capabilities and Green SCM (유통 물류 변화에 따른 친환경 정부지원이 중소제조업체의 수출경쟁력에 미치는 영향: 친환경 동적 역량과 Green SCM 관행의 매개효과를 중심으로)

  • Chang-Bong Kim;Hye-Jeong Yang
    • Korea Trade Review
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    • v.47 no.5
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    • pp.161-179
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    • 2022
  • This paper aims to examine the role of government's support in facilitating small and medium sized enterprises (SMEs)' green dynamic capabilities and green SCM practices in a global market. It also investigates whether government support, green dynamic capabilities, and green SCM practices affect export competitiveness. To develop those hypotheses, prior studies and in-depth interviews were conducted and data was collected from Korean manufacturing companies that export abroad and then developed the structural equation model. The hypotheses test results revealed that green dynamic capabilities through government support positively affect export competitiveness and green SCM practices through green dynamic capabilities have positive effects on export competitiveness. Finally, this study is valuable in that it directly and indirectly confirmed the effect of eco-friendly government support on export competitiveness.

Status of Overseas Construction Market and Domestic R&D Case for Plant Projects (해외 플랜트시장 현황 및 국내 연구개발 사례)

  • An, Sung-Hoon;Koo, Ja-Kyung;Lee, Tai-Sik
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.129-134
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    • 2008
  • Global construction market has grown rapidly since 2000. Even though developing countries grew into an economic, the most of oil-producing countries of continuous high oil prices due to an increase in plant construction orders is to present a lot of influence. According to the growth of global construction market, the domestic construction companies in the overseas market share have recorded 3% of the performance of the top 10 world records. However, current performance has analyzed the expansion of the market rather than competitiveness development of domestic construction companies. Therefore, to improve competitiveness in the global construction orders for the domestic construction companies in terms of long term, the government in Korea has ordered various research projects related to the plant since 2005. This paper presents not only global plant market trends and plant project in domestic but also introduction of completed research standardization recently.

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Development of Traditional Marketplaces in the New Distribution Market - With Emphasis on Daejeon Metropolitan City - (유통환경 변화에 따른 재래시장 발전방향 -대전광역시를 중심으로-)

  • Choi, Ho-Gyu;Yun, Jeong-Keun
    • Journal of Distribution Science
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    • v.6 no.1
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    • pp.25-46
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    • 2008
  • The latest flow in Korea's distribution market is characterized by the deterioration of small/medium distribution market due to the rapid growth of multinational discount stores. As various multinational discount stores have merged with Korean discount stores (Homever acquired Carrefour and E-Mart acquired Wal-Mart), these discount stores have enlarged in size and dominated the market. On the contrary, small/medium distributors with relatively weak infrastructures are losing competitiveness in the market. Traditional marketplaces in local areas, in particular, are facing a serious crisis as they are neglected in the depressed local markets and have been beaten by the increasing discount stores and the diversifying distributors. The purpose of this study was to propose alternative plans to revitalize traditional marketplaces that are endangered by the unbalanced development of the distribution industry. This study analyzed the distribution performances and problems of Daejeon Metropolitan City and used the analysis to point out the problems specific to traditional marketplaces and propose a way to revitalize them. I hope that this study can help discount stores and small/medium distributors find balance in the market, and give traditional marketplaces the competitiveness to pursue sustainable growth.

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Impact of marketing capabilities of social economy enterprises on social performance through market orientation (사회적경제기업의 마케팅역량이 시장지향성을 통해 사회적성과에 미치는 영향)

  • Eun-Kyoung Lee;Young-Wook Seo
    • Industry Promotion Research
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    • v.9 no.1
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    • pp.1-11
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    • 2024
  • This study sought to verify the impact of marketing capabilities on social performance through market orientation targeting social economy enterprises. Accordingly, the marketing capabilities of social economy enterprises were classified into price competitiveness and distribution competitiveness, and market orientation was divided into customer orientation, competitor orientation, and interdepartmental cooperation. In addition, in line with the characteristics of social economy enterprises, performance verification consisted of social performance. A survey was conducted with a total of 216 executives and employees of social economy enterprises to collect data and conduct empirical analysis. The results of the analysis showed that marketing capabilities had a significant impact on market orientation, and that market orientation had a significant impact on social performance. In addition, market orientation was found to have a mediating effect on marketing capabilities. The results of this study suggest that strengthening the marketing capabilities of social economy enterprises is an important factor in creating social performance. Social economy enterprises are expected to be able to increase their market orientation by strengthening their marketing capabilities and thereby create social value.

Market Analytic Study for Development of Korean Ginseng (한의계의 한국인삼 세계화 노력제고를 위한 국내외의 시장 분석 연구)

  • Yoo, Sa-Ra;Son, Chang-Gue
    • The Journal of Korean Medicine
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    • v.28 no.3 s.71
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    • pp.100-107
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    • 2007
  • Objective : To build a basis of a research strategy for development of Korean ginseng as a global competitive medical product in the world market by Korean Oriental medicine group. Methods : Survey of all literature or analysis reports about market patterns related to ginseng or ginseng products in Korea and in other countries. Results : Korean ginseng and it products have rapidly decreased in share of the world market since the 1980s, with Korean ginseng occupying just 3% of the Hong Kong ginseng market in 2005. While Korean ginseng has been satisfied with consumption within the large Korean market itself, it now has only 1% of world market share. Conclusion : A systematic strategy is needed to strengthen global competitiveness of Korean ginseng based upon development of novel customer-tailored ginseng products. In addition, experience and science-based research in the Oriental medicine field should be involved in the process.

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A Study on Reconstruction of Seongnam Jungang Market

  • Shin, In-Seob;Kim, Hui-Su;Yoo, Chang-gwon;Kim, Gi-pyoung
    • The Journal of Economics, Marketing and Management
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    • v.3 no.2
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    • pp.21-28
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    • 2015
  • The purpose of the study was to investigate state and problems of Seongnam Jungang Market that lost competitiveness under rapidly changing logistics environment, and to give market redevelopment model, project validity and operation management plan considering commercial area and location of the market. The public market at the community that has tradition and culture of the residents provides small merchants with employment chance and to let residents buy daily necessities. The market allows farmers to sell agriculture products by themselves and to increase income. Most of public markets that open every five days help residents meet each other to exchange information. Most of public markets have been placed at local towns and rural areas to lose distribution functions remarkably at less population and quick aging.

Analysis of the Competitiveness of Broadband over Power Line Communication in Korea

  • Jeong, Gi-Cheol;Koh, Dae-Young;Lee, Jong-Su
    • ETRI Journal
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    • v.30 no.3
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    • pp.469-479
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    • 2008
  • This study analyzes factors affecting the competitiveness of broadband over power line communication (BPLC) and predicts demand for the service, based on quantitative information about consumer preferences drawn from a survey of Korean consumers. Findings from the estimation suggest that, although consumers value some beneficial features of BPLC, to be competitive the speed and stability of its data transmission needs to be improved. Moreover, on the basis of a market simulation, we expect BPLC to occupy only a small portion of Korea's Internet access market in the future, a finding we expect would hold true for other developed countries whose Internet access markets are already mature.

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A Study of the Construction Contracts and Delivery System for Nuclear Power Plant (원전건설 발주 및 계약체계에 대한 고찰)

  • Seo, Yong-Tok;Won, Seo-Kyung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.233-235
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    • 2012
  • Continually having growed up overseas construction market for new Nuclear Power Plant(NPP), the exports of Korean Reactor emerges as the key task of National Nuclear Business. The objective of this study is to strengthen the competitiveness of Korean Reactor through the improvement of Construction Project Contract & Delivery System for NPP. This study suggests the method for increasing Korean Reactor's competitiveness of exports by analyzing the business environment of foreign market and comparing Contract & Delivery System between domestic and foreign.

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