• Title/Summary/Keyword: Micro business

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Metal Injection Moulding -Technological Trends and European Business Situation

  • Petzoldt, Frank
    • Proceedings of the Korean Powder Metallurgy Institute Conference
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    • 2006.09a
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    • pp.229-230
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    • 2006
  • The global metal injection moulding industry is getting mature. The technology is on its way to grow from a niche technology to a widely accepted manufacturing process. This paper addresses the latest technological trends in MIM. Challenges in materials development as well as the current limits of the technology are discussed. Trends in processing like 2-component injection moulding and micro injection moulding are presented. The European MIM market situation is described and some key factors for business success are addressed. In the discussion of future business opportunities best practice examples are included.

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A Novel Light Guide Plate with Micro-prisms for an Edge-lit LED Backlight

  • Kwon, Jae-Joong;Kim, Hyoung-Joo;Shim, Sung-Kyu;Baek, Seung-In;Hwang, In-Sun;Jang, Tae-Seok
    • 한국정보디스플레이학회:학술대회논문집
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    • 2008.10a
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    • pp.1193-1195
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    • 2008
  • We propose a novel light guide plate for an edge-lit LED backlight. Properly designed micro-prisms enable light to go out of the LGP in near vertical direction and luminance fluctuations in front of the LEDs to be invisible.

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A Study on the Operation and Plan for Revitalizing Start-up Performance of Micro-enterprise - Focused on 'New Business Start-up Academy'- (소상공인 창업활성화 방안에 관한 연구 - '신사업창업사관학교'를 중심으로-)

  • Lee, Siwoo;Lee, Hyunsoo
    • Journal of Digital Convergence
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    • v.16 no.12
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    • pp.11-20
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    • 2018
  • This research investigates comparisons and characteristics of government's startup polices between startup for micro-enterprise and technology based startup. In particular, revitalization plans of "New Business Start-up Academy (NBSA)" which is supported by a governmental organization, are proposed. Currently, korean government's startup polices are focusing on more technology based startup than startup for micro-enterprise. In order to overcome this issue, this research examines the current issues of the startup policies for micro-enterprise and the detailed plans for revitalizing micro-enterprises' startups. As detailed research studies, the current program and supporting mechanism of NBSA are analyzed. Then, these are compared with several startup policies of Korea government and the detailed action plans are proposed. The proposed results contributes to the criteria and the references for vitalizing micro-enterprises' startups.

Autonomous Micro-grid Design for Supplying Electricity in Carbon-Free Island

  • Hwang, Woo-Hyun;Kim, Sang-Kyu;Lee, Jung-Ho;Chae, Woo-Kyu;Lee, Je-Ho;Lee, Hyun-Jun;Kim, Jae-Eon
    • Journal of Electrical Engineering and Technology
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    • v.9 no.3
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    • pp.1112-1118
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    • 2014
  • In island and backcountry areas, electrical power is usually supplied by diesel generators. It is difficult for small scale diesel generators to have an economy of scale owing to the usage of fossil fuels to produce electricity. Also, there is a problem of carbon dioxide emissions that brings some environmental pollution to the entire region of the area. For solving those, this paper proposes a design method of autonomous micro-grid to minimize the fossil fuels of diesel generator, which is composed of diesel generator, wind turbine, battery energy storage system and photovoltaic generation system. The proposed method was verified through computer simulation and micro-grid operation system.

The Role of Customer Trust and Reputation on Customer Loyalty: An Empirical Study of Micro Finance Institutions in Indonesia

  • ANIS, Marjukah;WIDJI, Astuti;FAJAR, Supanto
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.205-216
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    • 2022
  • This study investigates the effect of serv-qual and reputation on customer loyalty through the trust of deposit customers in Micro Finance Institutions. The population was deposit customers at BMT distributed into 5 provinces of the Special Region of Yogyakarta, and a survey was conducted from January 2021 to February 2022. The probability random sampling technique was used to select the final sample, and a total of 221 responses were collected using a questionnaire. Technical data analysis was done using the Structural Equation Modeling (SEM), supported by AMOS 22.0 program. The results showed that serv-qual and reputation have a positive and significant impact on the trust and loyalty of deposit customers at BMT. Customers positively and significantly impact the relationship between serv-qual and reputation on customer loyalty. The biggest contribution to loyalty was generated by the variable customer trust (0.399), followed by service quality (0.359) and reputation (0.166). Micro Finance Institution needs to improve the management of deposit customers by improving serv-qual, reputation, and customer trust and conduct comparative research between conventional financial institutions and other informal financial service institutions.

Policy Study on Korean Retail Micro Business (국제 비교를 통한 소매업 소상공인 현황과 정책적 시사점)

  • Suh, Yong Gu;Kim, Suk Kyung
    • Journal of Distribution Research
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    • v.17 no.5
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    • pp.39-57
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    • 2012
  • The unabated influx of micro businesses has turned the Korean retailing market to a rat race, which causes severe financial distress for micro business owners due to heavy competition. The woes of these micro business owner's are exacerbated by the presence of large scale distributors such as Super Supermarket(SSM) and large discount stores. In summary, the Korean retail market is overburdened an uneconomically viable. Retailing has low barriers to entry which attracts unskilled labor or those with little capital. These start-ups have low opportunity costs since they would make low wages elsewhere in the economy. Thus, these owners are content with relatively low returns on their investment. These 'subsistence ventures' are maintained for economical viability rather than economic growth. These 'subsistence ventures' intensifies competition among small-scale businesses. The presence of large retail corporations also aggravates the situation. The recent stagnation of the economy has worsened the retail market in Korea. The overwhelming competition solidifies the coarse structural system and the prolonged economic sluggishness has increased the risk of insolvency for micro business owners. As the economy continues to stagnate, the imminent risk in retailing market will rise up to surface threatening economic stability. More systematic inflows and outflows of retailers are required in order to redress this structural problem. It has been empirically shown that the self-employment rate is high in Korea compared to other OECD countries. To draw the comparison of self-employment rate by industry, Korea shows high rates among transportation, whole sale, retail, education, lodging, and restaurants. In the case of the transportation and education service sectors, this high rate can be explained by the idiosyncratic nature of Korean culture. In the transportation sector, political policies favor private cap service and private freight carriers. In the education service sector, Koreans put particular emphasis on education that leads to many private institutions that outnumber other OECD countries. For these singular reasons, Korea maintains high micro business, self-employed rates particularly in retailing. A comparable nation is Japan, with its similar social, economic, cultural environment among OECD countries. Unlike Korea, Japan has much lower rates of micro business which continues to decrease. Also Korean retailers are much more destitute than Japanese. The fundamental problem of Korean retailing is the involuntary exit of these 'subsistence ventures,' micro businesses with low margins, in which a small drop in demand can lead to financial difficulties for the owner. This problem will be exacerbated when Korean babyboomers retire and join the micro business ventures. The first priority in order to cope with the severity of oversupply in retailing is to provide better opportunities for the potential self-employers. There should be viable alternatives to subsistent ventures. Strengthening the retirement program, scrutiny of exit process, reconfiguration of policy funds are the recommendations.

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Micro Raman Spectroscopic Analysis of Local Stress on Silicon Surface in Semiconductor Fabrication Process (반도체 제조 공정에서 실리콘 표면에 유입된 Stress의 마이크로 Raman 분광분석)

  • Son, Min Young;Jung, Jae Kyung;Park, Jin Seong;Kang, Sung Chul
    • Analytical Science and Technology
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    • v.5 no.4
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    • pp.359-366
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    • 1992
  • Using micro-Raman spectrometer, we investigated the evaluation of microstress on silicon surface after the local thermal oxidation. The induced stress of silicon surface after local thermal oxidation shows maximum value at the interface of silicon oxide and active area. The smaller the size of active area, the larger stress. From the evaluation of three other device isolation processes, A, B and moB, whose active size has $0.45{\mu}m$ in length, moB process is turned out to have the lowest stress value and the smallest bird's beak effect.

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E-commerce Readiness, Micro, Small, and Medium-Sized Enterprises (MSMEs), and Economic Growth: An Empirical Investigation

  • Anasuya Barik;Sidheswar Panda
    • Asian Journal of Innovation and Policy
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    • v.12 no.2
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    • pp.246-260
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    • 2023
  • With the advent of COVID-19, the world economy has undergone enormous losses and unprecedented crises. Moreover, this pandemic has put a significant effect on all business organizations, comprising the micro, small and medium enterprises (MSMEs) sector. MSMEs have been continuing to develop business strategies and are eager to compete in the market. The COVID-19 pandemic has shifted the full focus of MSMEs from 'business growth' to 'business survival' worldwide. E-commerce readiness plays a crucial role in a time of uncertainty and crisis during COVID-19 and affects the durability and sustainability of the business. This study attempts to study the readiness of online business and "E-commerce" adoption of MSMEs and its contribution to economic growth by utilizing both qualitative and quantitative techniques in the case of India. We use content analysis to determine the readiness of online business and Ecommerce in the post COVID-19 period. The result highlights the specific issues of this sector such as the shortage of resources and disruptions in the supply chain & logistical issues during the COVID-19 pandemic. Qualitative analysis discloses that almost half of the respondents adopt online platforms along with additional challenges to sustain their business during the pandemic. This study utilizes annual time series data for the period from 1973-74 to 2017-18 to understand the long-run relationship between India's GDP and MSMEs units. By utilizing the co-integration technique, this study reveals that there is a long-run relationship between MSME units and the economic growth of this country.

The effect of advertising on sales -Considering aggregated data bias-

  • Song, Tea-Ho;Yuan, Xina;Kim, Ji-Yoon;Kim, Sang-Yong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2008.10a
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    • pp.319-323
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    • 2008
  • "How does advertising affect sales?" is the fundamental issue of modern advertising research. There is an interesting issue for estimating carry over effects of advertising on sales, and the aggregated data biases exist in the duration of advertising effect. This research suggests a modified model at micro-data using Koyck model (Koyck 1954) by estimated model the aggregate data, and empirically shows the aggregated data bias. Our modified model with the aggregated level of actual data is more appropriate than the base model for micro-data. The result shows that it is very important to consider the disaggregated data level in the analysis of dynamic effects of adverting such as lagged effects.

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