• Title/Summary/Keyword: Market based

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Essential Condition to Form the Blue Ocean Market Based on the Value Innovation - Cases from Gum.Refrigerator Market - (가치혁신에 의한 블루오션 시장사례에 관한 연구 - 국내 껌.냉장고 시장분석 -)

  • Park, Hyeon-Suk;Park, Hang-Jun
    • Journal of Global Scholars of Marketing Science
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    • v.16 no.2
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    • pp.55-75
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    • 2006
  • This study aims to identify the unknown essential condition to form the blue ocean market, in addition to the innovation of customer value which does not become a sufficient condition though it is one of the essential conditions to form a blue ocean market, and induce companies to take a firm foothold in the blue ocean market after going to the blue ocean market by segmenting the market after setting up appropriate strategies. On the basis of those goals of this study, we dealt with subjects like the problem of approaching the market that possesses factors of differentiated value innovation, the segmentation of value innovative market, the problem about the major variables that shed light on the character of blue ocean optical illusion market, the strategy for following companies to enter the market, which we applied to the actual analysis based on the investigation into the literature related to value innovation and blue ocean strategy, investigation into the actual cases and objective data. We analysed a domestic refrigerator market and a domestic chewing gum market as representative examples of durables and nondurables and segmented each market on a value innovation market. We discovered the blue ocean and the blue ocean's illusive market of the two markets. I've mentioned and studied the characters of those positively.

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Model-based Analysis to Improve the Safety of Urban Logistics System Using Vacant Space (유휴공간을 활용한 도시물류 시스템의 안전성 향상을 위한 모델기반 분석)

  • Park, Jae-Min;Kim, Joo-Uk;Kim, Young-Min
    • Journal of the Korea Safety Management & Science
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    • v.24 no.1
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    • pp.1-9
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    • 2022
  • The growth of the online market is accelerating due to the development of technology and the pandemic era. The delivery service through the courier must be used to deliver the ordered goods to the customer through the online market. With the growth of the online market, the logistics market for delivery is also growing. The traffic and environmental problems are emerging as social issues. Urban logistics technology using underground space based on the urban railway developed to improve logistics efficiency in a metropolitan area and a new alternative to environmental problems. This study proposed a plan to secure system safety through safety analysis based on operational concept definition and scenario analysis by applying model-based perspective analysis to the system under development.

The Impact of Ecosystem-based Alliance Formation on Financial Performance in the Korean Telecommunications Industry

  • Choi, Goya;Lee, Hongkyu;Cho, Shin;Nam, Changi
    • Telecommunications review
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    • v.25 no.4
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    • pp.605-621
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    • 2015
  • The diffusion of smart devices has greatly influenced the market dynamics of the telecommunications industry. The competition paradigm has shifted from individual firm-based competition to ecosystem-based competition. To satisfy the diverse needs of market customers, it has become more important for telecommunications companies to form alliances with complementary partners in the ecosystem. This study empirically investigates the influence of ecosystem-based alliance formations on the financial performance of firms in the Korean telecommunications market. Specifically, the impact of a CPND (Content, Platforms, Networks, and Devices) alliance in the ICT (Information and Communications Technology) sector on firms' profitability is examined using a structural equation model. The results indicate that before the diffusion of smart devices, ecosystem-based alliance formations with other firms in the ICT ecosystem were not effective for enhancing profitability. However, after this diffusion, alliance formation between members of the value chain in the ICT ecosystem contributed significantly to firms' financial performance. This implies that recent alliances with firms that are constituents of the ICT ecosystem are an important element of profit generation in the ICT market in Korea.

Forecasting the Evolution of Innovation Considering Consumers' Choice : An Application of Home-Networking Market in Korea (소비자 선택을 고려한 신기술 혁신의 확산 예측: 한국의 홈네트워킹 시장을 대상으로)

  • Lee, Cheol-Yong;Lee, Jeong-Dong;Kim, Yeon-Bae
    • Journal of Technology Innovation
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    • v.13 no.1
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    • pp.1-24
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    • 2005
  • This paper applies a prelaunch forecasting model to the Home-Networking (HN) market of South Korea. The HN market of Korea is categorized into two distinctive markets. One HN market consists of new apartments in which builders install HN and the other HN market consists of existing houses in which residents purchase HN Among these markets, this paper focuses on existing houses as capturing consumers' choice. To forecast sales of HN for existing houses, we use a conjoint model based on our survey data of consumer preferences. By incorporating various indicators of HN technologies into our conjoint model, we also forecast diffusion of HN system embodied in PLC or Wireless Lan. We call this model Choice-Based Diffusion Model. In addition, based on the simulation experiments, we also identify important factors that affect the demands of HN system.

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A characteristic-based technology measurement with market factor considered (시장요인이 고려된 특성치 준거 기술측정)

  • 김성철;유평일
    • Korean Management Science Review
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    • v.11 no.2
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    • pp.237-253
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    • 1994
  • Technology measurement is related with how to construct indicators of technological change and relative ranking of technological sophistication. Many attempts have been made to understand the measurement of technology. However, technology measurement still remains little understood problem in spite of its importance. This article is concerned with improving the measurement of technology by introducing market factors into the model. It illustrate a simple approach to the measurement of technology. This approach is based on the characteristic-space paradigm of technology. A relative ranking of technological sophistication for a product is measurable as a set of characteristics. The main feature of the proposed approach is the combination of technical factors and market factors. Technical factors are reflected in the definition of technological sophistication. Market factors are embraced in the determination of the relative importance assigned to each technology defining characteristics. Thus, the weight is determined by technical factors and market factors, which differentiates the study from the past based on judgmental technique such as experts' opinion.

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The Empirical Evidence on Government Bond Market Integration in East Asia

  • Liu, Lian
    • East Asian Economic Review
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    • v.20 no.1
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    • pp.37-65
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    • 2016
  • This research intends to investigate the progress made in East Asian bond market integration thus far. Price-based measures (AAD indicator and beta-convergence measure), quantity-based measures and econometric techniques (co-integration test, error correction model based Granger causality test) are employed in the analysis. Even though East Asian government bond markets have become more integrated since 2001, the differentials among the markets still remain significantly high. The bond market integration process seems slow. The convergence of bond markets sped up in 2003 and after the 2008 world financial crisis, implying the important role of government policies in integrating the regional bond markets. East Asian bond market integration may need more government-directed measures.

The use of Case-Based Reasoning for Financial Market Monitoring

  • Han Sung-Kwon;Oh Kyong-Joo;Kim Tae-Yoon
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.05a
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    • pp.1207-1213
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    • 2006
  • This paper shows that case-based reasoning (CBR), an artificial intelligence technique, is a quite efficient tool in monitoring financial market against its possible collapse. For this purpose, daily financial condition indicator (DFCI) monitoring financial market is built on CBR and its performance is compared to DFCI on neural network. This study is empirically done for the Korean financial market.

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Development of an Integrated Power Market Simulator for the Korean Electricity Market

  • Hur Jin;Kang Dong-Joo;Moon Young-Hwan
    • KIEE International Transactions on Power Engineering
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    • v.5A no.4
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    • pp.416-424
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    • 2005
  • At present, the Korean electricity industry is undergoing restructuring and the Cost Based-generation Pool (CBP) market is being operated in preparation of a Two Way Bidding Pool (TWBP) market. In deregulated electricity industries, an integrated power market simulator is one of the tools that can be used by market participants and market operators analyzing market behaviors and studying market structures and market codes. In this regard, it is very important to develop an electricity market simulator that reflects market code providing a market operation mechanism. This paper presents the development of an integrated market simulator, called the Power Exchange Simulator (PEXSIM), which is designed to imitate the Korean electricity market considering the various features of the market operating mechanism such as uniform price and constrained on/off payment. The PEXSIM is developed in VB.NET and composed of five modules whose titles are M-SIM, P-SIM, O-SIM, T-SIM and G-SIM interfacing the Access database program. To verify the features and the performance of the PEXSIM, a small Two Way bidding market with a 12-bus system and a One Way bidding market for generator competition will be presented for the electricity market simulations using PEXSIM.

A Study of the Sungnam Moran Traditional Folk Market Project as the Urban Public Open Space (도시 공공공간으로서의 성남 모란 민속5일장 계획에 관한 연구)

  • Choi, Dong-Hyeog
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.12
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    • pp.5134-5142
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    • 2010
  • The purpose of this study is to explore the possibility of the planning method of traditional market as the urban public open space and to attempt to create the essential reformation of traditional market place. The design concepts of the Moran traditional market project are establishing module system based on function of traditional market to accomplish the practical needs of vendor and consumer and expressing the liquid and autonomic characteristics of Moran traditional market to find the new and substantial schemes of public open space. The functional design module of the market place is based on 2.1m $\times$ 2.1m grid system which is minium market unit, and it is extended to 8.4m $\times$ 8.4m basic structural module and to 50.4m $\times$ 50.4m plaza unit.

Civil Helicopter Market Analysis (민수헬기 시장분석)

  • Hwang, Chang-Jeon;Lee, Jung-Hoon;Chang, Byung-Hee;Hwang, In-Hee
    • Current Industrial and Technological Trends in Aerospace
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    • v.8 no.1
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    • pp.104-111
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    • 2010
  • This paper deals with the world civil helicopter market scope, world market analysis based on the operating fleet ages, preconditions for market entry, and market forecast which are necessary for Korean industry to enter into world market. According to the analysis, the heavy single class demand is rapidly declined. The demand is moving toward the heavier class than that operated now. Korean industry had better have strategic positioning to heavy twin and light medium twin classes. A considerable amount of Korean civil helicopter based on Surion can be sold if there are appropriate efforts for price, specification, marketing strategy and so on.

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