• Title/Summary/Keyword: Policy Performance

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The Application of Generalized Additive Model in the Effectiveness of Scale in Funding Policy on SMEs Overall Performance (일반화 가법 모형을 이용한 정책금융 수혜규모가 중소기업 경영성과에 미치는 효과성 연구)

  • Ha, SeungYin;Jang, Myoung Gyun;Lee, GunHee
    • The Journal of Small Business Innovation
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    • v.20 no.2
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    • pp.35-50
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    • 2017
  • The aims of this study is to analyze the effectiveness of firms financial status quo and the scale of financial support on SMEs overall performance. We have gathered the financial guarantee data from 1998 to 2013, provided by Korea Credit Guarantee Fund (KODIT), to analyze the effectiveness of Financial policy. To classify both financial status quo and scale of financial support, we utilized the following variables; Interest Coverage Ratio (ICR) and newly guaranteed amount ratio. To take the measurement of the overall performance, we employed profitability, growth ratio and activity index. To minimize the effect of repeated financial support (redundancy benefits), firms were selected based on the following criteria: firms that receive no financial support prior to implementing such policy over the last 3 years and no new financial support over the last 2 years. Results suggest that firms with higher ICR and large newly guaranteed amount influence on financial performance in terms of profitability index. Firms with lower ICR and large scale financial support showed a better performance compare to firms with small-scale financial support. Firms with large-scale financial support, irrespective of ICR inclined to have better performance to those of small-scale financial support in terms of growth index. For activity index, however, firms with large scale support led to higher performance in the short term. In turn, our analysis presents objective perspective with respect to the effectiveness of financial policy through credit guarantee on overall performance of SMEs. This study, therefore, implies that well-balanced SMEs supporting policy may lead to better directions.

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A Study on the Impact of Small Business Owners' Management Capabilities and Government-Supported Services on Management Performance - Focusing on the Moderating Effect of the Use of Policy Support Funds - (소상공인의 경영역량과 정부지원서비스가 경영성과에 미치는 영향에 관한 연구 - 정책지원자금의 이용여부에 대한 조절효과를 중심으로 -)

  • HyunYoung Lee;JaeYeon Sim
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.4
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    • pp.1-15
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    • 2024
  • We have made significant efforts to deeply investigate and analyze the success factors of small business owners, who play a crucial role in modern society, to gain a clear understanding of the factors that affect their business performance. We set the management capabilities of small business owners, the utilization of government support services, and policy support funds as the main variables. Our research has discovered that the management capabilities of small business owners and government support services positively influence their business performance. This means that small business owners can enhance their business performance by strengthening their capabilities and efficiently utilizing government support services. The utilization of policy support funds showed a moderating effect only on the impact of government support services on financial performance, but not on other business performances. This suggests that while the utilization of policy support funds is necessary, it is not sufficient by itself and needs to work in combination with other variables to see effectiveness. Our research proposes a new direction for the success of small business owners. Through this research, small business owners and related policy decision-makers can gain deep insights into the factors that influence the business performance of small business owners and how to effectively manage and utilize these factors. This research has made a significant contribution to academic research on business management and small business owners. Through a deep understanding of the success factors of small business owners, we have proposed new research directions and strategies that can help improve their business performance. These efforts will take us a step further in enhancing the social and economic value of small business owners.

A Study on the Influence of Operation Method of Start-up Academy on the Establishment Performance (창업 지원 프로그램의 운영방식이 창업성과에 미치는 영향에 관한 연구)

  • Lee, Bub-ki;Shim, Seong-chul
    • Journal of Digital Convergence
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    • v.16 no.10
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    • pp.69-78
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    • 2018
  • This The purpose of this study is to find policy implications through the analysis of the operational cases and establishment performance of the Leading University for startups. The method of the study was statistical analysis using the data generated during the operation of the Leading University for startups. The results of the study show that there is a difference between short-term performance by gender and age. Second, there was no correlation of the short-term performance with the evaluation, but a negative correlation was observed with the detailed document evaluation part. Third, there is no difference in short-term performance depending on the mentor. Strategic utilization is to reduce the reflection of the founder's short-term performance in the appraisal of the Leading Universities. And there is a need to improve the evaluation method for the applicant. The limitations of this study are that it is inadequate to be an empirical study through statistical analysis. And statistical analysis shows that there are not enough cases. Therefore, I will make an empirical study which will expand the number of cases by including cases of several universities in the future.

PERFORMANCE OF MYOPIC POLICY FOR MULTI-CHANNEL DYNAMIC SPECTRUM ACCESS NETWORKS

  • Lee, Yutae
    • East Asian mathematical journal
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    • v.30 no.1
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    • pp.23-29
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    • 2014
  • To solve inefficient spectrum usage problem under current static spectrum management policy, various kinds of dynamic spectrum access strategies have appeared. Myopic policy, which maximizes immediate throughput, is a simple and robust strategy with reduced complexity. In this paper, we present a simple mathematical model to evaluate the saturation throughput and medium access delay of a myopic policy in the presence of multiple channels.

Performance Improvement of the Drop Policy based on TCP Retransmission in Optical Burst Switched Networks (OBS망에서의 TCP 재전송을 고려한 Drop Policy의 성능 향상)

  • 김래영;김현숙;김효진;송주석
    • Proceedings of the Korean Information Science Society Conference
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    • 2003.10c
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    • pp.1-3
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    • 2003
  • OBS망에서 버스트의 충돌로 인한 버스트의 drop은 TCP의 성능에 중요한 영향을 끼치나, 기존의 drop policy에서는 이를 고려하지 않으며 TCP에 대한 연구로는 버스트의 assembling이 주를 이루고 있다. 본 논문에서는 OBS망에서 TCP의 재전송 문제를 drop policy와 연계하여 그 성능을 향상시키고자 한다. 본 논문에서 제안하는 drop policy는 버스트의 재전송 횟수가 더 작은 버스트를 drop시키는 TCP 기반 DP이다. TCP 기반 DP 모델과 일반적인 DP 모델의 성능을 ns­2를 이용한 시뮬레이션을 통해 평가하며, 이 때 시간의 변화에 따른 TCP throughput과 패킷의 drop rate을 비교 분석한다.

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A Study on the Structural Relationships among R&D Resources, R&D Collaboration, Policy Support, and Operational Performance - Focusing on Korean Health Industry Clusters - (R&D 자원, R&D 협력, 정책지원 및 운영성과의 구조적 관계에 대한 연구 -국내 보건산업 클러스터를 중심으로-)

  • Kang, Seok-Min
    • Management & Information Systems Review
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    • v.38 no.2
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    • pp.225-240
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    • 2019
  • It has been known that health industry clusters promote economy of a nation in a macro view and make growth and development of individual firm. As a result, Korean health industry has been grown to play a role of making a high value added in Kwangkyo, Daedeok, Wonju, and Songdo. Using 156 firms locating in health industry clusters such as Kwangkyo, Daedeok, Wonju, and Songdo in increasing value added, this study investigated the structural relationships among R&D resources, R&D collaboration, policy support, and operational performance. All hypotheses, except a hypothesis for the effect R&D resources on operational performance, are reported to be statistically significant. In other words, the positive effect of R&D resources on policy support is reported. And policy support and R&D collaboration positively affect operational performance, and also the positive effect of policy support on R&D collaboration is reported. From the empirical results, we can know that policy support and R&D collaboration are the crucial factors to promote operational performance of the firms locating in Korean health industry clusters. It is important that this study has been investigated with the firms of health industry developing economy of a nation.

A Study on Technology Entrepreneurship Policy Focused on Innovative Growth (혁신성장기반 공공 연구자 중심의 기술창업 활성화 정책연구)

  • Yun, Jeong-Keun;Kwon, Jae-Chul;Choi, Sun-Hee
    • The Journal of Industrial Distribution & Business
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    • v.10 no.2
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    • pp.51-64
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    • 2019
  • Purpose - Research on the ability of domestic public institutions to conduct business is being conducted. Research on government support policy for public technology projects, emphasizes technology creation. Public agencies are encouraging evolutionary barriers at the stage of realistic business. This paper presents the policy possibilities by presenting policies and strategies based on corporate public policy. Research design, data, and methodology - In this study, we surveyed the actual state of public technology commercialization based on the data on state of technology commercialization of public institutions. We collected and analyzed the literature data to enhance the competitiveness of technology commercialization by identifying success cases of public technology commercialization. In Korea, there are not many research papers that provide policy alternatives for technical commercialization of public research institutes. Therefore, in this paper, we review various government policies and check the status of technology commercialization to increase its value. Results - As a result of this study, it is suggested that various policy development is necessary for the commercialization of public technology, because it is important to increase the value of technology users, suppliers, investors and customers through various network activation. In particular, it is necessary to establish differentiated Korean public technology commercialization model for the proliferation of public technology commercialization by presenting methodical model of technical commercialization. Conclusions - Through this study, it is important to raise the competitiveness of domestic public technology commercialization, to create economic value, and to improve the performance of technology commercialization. Therefore, it is necessary to contribute to the creation of research achievement, research method of excellent technology, and method of commercializing technology, and to create achievement of technical commercialization in the future. In addition, from the viewpoint of commercialization of technology, strategies for creating value through utilization of public technology should be prepared, and a plan for mutual prosperity among domestic companies should be prepared. Policy alternatives of various public technology commercialization to build national competitiveness have been developed, and various examples of performance for the performance of public technology commercialization should be derived.

Policy Direction in Responses to Demand for Apartment Remodeling (공동주택 리모델링 수요에 대응한 정책 추진방안)

  • Lee, Yeo-Kyung;Kim, Eun-Hee
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.36 no.1
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    • pp.125-136
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    • 2020
  • This study aims to seek a proper policy direction in response to the demand for apartment remodeling. As the research methods, we diagnosed the current status of the remodeling policy and analyzed the demand for apartment remodeling nationwide. According to the result of analysis, we suggested the fundamental direction and tasks for remodeling policies to be pursued at the government level. The results of the study are summarized as follows. First, the result of analysis showed that the demand for environmental improvement(performance improvement) remodeling project was much higher than other types of remodeling projects. The percentage of unit increased-type remodeling that can secure business feasibility is about 10% and only 30% when it comes to reducing project costs. The remaining 70-90% need to be promoted in environmental improvement remodeling projects which dependent on the residents' payment. Second, in order to prepare a policy action plan in response to the demand for apartment remodeling, it is necessary to set up clear policy goals and strategies for apartment remodeling in advance at the national level. Along with proactive goals and strategies, graded policy support should be accompanied per type of remodeling and business demand. We also suggest to simplify administrative procedures and support the R&D research to develop technologies. It would help to utilize the unit increased-type remodeling. On the other hand, for utilizing the environmental improvement remodeling which takes up a relatively high proportion, the policy should take care of as follows: offering housing performance information, rationalizing long term repair reserve, fostering small companies and experts. Finally, apartment management system should be advanced from the perspectives of managing old apartments and institutional foundations such as new construction and customized regulations for differentiated remodeling should be accompanied.

A Reform Program for Reliability Insurance Rate-Making System

  • Hong, Yeon-Woong
    • Journal of the Korean Data and Information Science Society
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    • v.16 no.2
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    • pp.263-270
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    • 2005
  • The reliability guarantee insurance policy for parts and materials was introduced to the market in 2003. This policy indemnifies manufactures for the repair/failure costs, recall expenses. In this paper, owing to the nature of the policy, we propose a new rate-making system considering the type of product and industry, quality control circumstances, record of guarantee performance, and exposures.

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Performance of Local Government Hospitals (지방공사 의료원의 성과에 영향을 미치는 요인 연구)

  • 이경희;권순만
    • Health Policy and Management
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    • v.13 no.2
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    • pp.101-124
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    • 2003
  • Performance of public hospitals is difficult to define and measure because not only their managerial or financial performance but also their role as a public entity is important. The purpose of this paper is to examine the internal and external factors that influence the performance of local government hospitals. A multiple regression was performed to analyze the effects of the environmental, organizational, operational, and cost-related factors on the return on total assets(ROA), operating margin(OM), and the ratio of Medicaid patients. Empirical results show that financial performance (ROA and OM) are more influenced by operational or cost-related factors, while the ratio of Medicaid patients is more affected by environmental or organizational characteristics. It is noteworthy that competition and the contract with private sector management have negative effects on the ratio of Medicaid patients that local government hospitals treat.