• Title/Summary/Keyword: Productivity Impact

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A Study on the Improvement of Smart Work Satisfaction and Productivity (스마트워크를 통한 직원 만족도와 업무 생산성 증대에 관한 연구 : 홈오피스 환경에서)

  • Lee, Dae Hyung;Cho, Seung Yeon;Kim, Hee-Woong
    • Informatization Policy
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    • v.21 no.2
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    • pp.24-48
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    • 2014
  • Smart working, along with the spread of smart device use, has recently garnered increased interest. The issue has become focused on low labor productivity over working time, work-life balance and social discussion. There has also been a shift in working styles due to the development of mobile, security, and cloud computing-related IT technology support and activation of the smart work environment. However, former research show concern that smart working may not meet the initially expected levels of productivity. This empirical study was carried out to introduce the impact of teleworking on increased productivity and satisfaction in companies and public institutions through user interviews, a socio-technical systems approach and surveys. To summarize the results of this study, 'Telework satisfaction' is directly influenced by 'Work-life balance', 'Telework-system fit, and 'Telework-job fit'. Direct impact factors of 'Telework productivity'are 'Telework-job fit', 'Telework satisfaction', and 'Telework environment quality'.

The Globalization and Business Performance of Corporate Value Chain

  • Kwon, Taek-Ho;Park, Hong-Gyue;Cho, Hyuk-Soo
    • Journal of Korea Trade
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    • v.25 no.3
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    • pp.65-86
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    • 2021
  • Purpose - This paper empirically investigates the relationship between the corporate value chain and performance of non- financial businesses of South Korean stock market companies. It aims to explore the evidence that can be used to infer the relationship between value chains and corporate performance in the case of firms forming a value chain with other companies with the means of an equity investment or a special business relationship. Design/methodology - Non-financial corporations listed from 2011 to 2017 on the securities market of South Korea are analyzed. The data used for analysis are found for transactions with the related party by year for all the corporations of non-financial industries in the securities market. Multiple analysis attempts are conducted including the relationship between the value chain and productivity, corporate value, risk-adjusted corporate value, and mediation effects of productivity. The empirical model employs sixteen variables including the value chain index which identifies its impact on various aspects of business performances. Findings - The results of this study clearly supports the phenomenon that corporate productivity and value are enhanced when the corporation expands its value chain established with domestic related firms and overseas companies. Such a positive effect is statistically significant even after the possible risk factors that accompany the expansion of value chain were considered, and productivity plays the role as a medicating variable in the effect of the value chain on the corporation values. Originality/value - The findings of this study confirms that domestic companies' expansion of their value chain centered on the related firms overseas that helped them in terms of the maximization of their productivity and corporate values. This study shows that Korean government's policy on expanding the corporate GVC can enhance the productivity and value of firms. The expansion of value chain and its impact on business performance has not been explored thoroughly, although it is getting more and more important in the global trade operation.

Investigating the Effects of Information Technology Investment on Productivity in the Chinese Electronics Industry

  • Xiang, Jun-Yong;Lee, Sang-Ho;Kim, Jae-Kyeong
    • 한국경영정보학회:학술대회논문집
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    • 2007.11a
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    • pp.82-87
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    • 2007
  • The importance of information technology (IT) has been emphasized in developing countries recently. Despite the importance of the topic area of the productivity of IT in developing countries, the literature to date is relatively sparse. The findings of almost all these studies are based on data collected in developed countries. Few studies have been conducted to validate these results and to see if they are still applicable in developing countries. This study tries to investigate the effects of IT investment on productivity in the electronics industry of China, which is a representative developing country, with production function model. The results show that there is a positive impact of IT investment on productivity in China similar to previous studies in developed countries.

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Process Innovation and Selection of Organizational Structure : Modeling and Simulation of Innovation Competition Process (공정혁신과 조직선별: 혁신경쟁의 모헝화와 시뮬레이션 분석)

  • Kim, Chang-Uk
    • Korean System Dynamics Review
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    • v.5 no.1
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    • pp.73-97
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    • 2004
  • This paper explores the relationship between technological characteristics within process innovation and selection of the firms of different organizational forms in the evolution of an industry. For this purpose, this paper develops a simulation model for industrial change that replicates dynamic competition for process innovation. The simulation analysis found the following causal relationship. First, the stronger innovation impact in terms of productivity jump tends to enlarge the productivity difference among the incumbent firms and increase the speed of productivity catch-up by the large diversified firms, Second, the possibility of entry, and eventual dominance by the large diversified firms increase when the innovation-productivity linkage is stronger and there is less cumulativeness in productivity determination. These results imply that technological characteristics are important factors that have influence on whether or not the large diversified firms can enter and succeed in an industry.

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The Contribution of R&D Outsourcing to Productivity Growth

  • Seo, Hwan Joo;Kim, Han Sung;Lee, Young Soo
    • STI Policy Review
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    • v.3 no.1
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    • pp.80-95
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    • 2012
  • Few studies have focused on the impact of R&D outsourcing on technological innovation and productivity despite the increased importance of R&D outsourcing. This study analyzes the productivity effects of investment in R&D outsourcing with a sample of Korean manufacturing industries from 2001 to 2009. The estimation results show a nonlinear U-shaped relationship between productivity and the share of R&D outsourcing capital for total R&D capital. This implies that the cost of R&D outsourcing outweighs its benefits in the early stages of R&D outsourcing. The U-shaped relationship is particularly pronounced in high-technology industries.

A Study on the Productivity Measurement and Effect Factors of Management Evaluation in Public Firms with a Focus on the Port Authorities

  • Eom, Ki-Yong;Ahn, Ki-Myung
    • Journal of Navigation and Port Research
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    • v.44 no.5
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    • pp.400-406
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    • 2020
  • In this study, we first measured the malmquist productivity index by DEA among the Korean public firms. Second, there are 12 public corporations whose productivity (MPI) has decreased compared to 2014. This is mainly because of a decrease in productivity, as well as a decrease in the technical efficiency change index (TECI), impacted by the internal environment, and the increase in productivity because of an increase in the technology change index (TCI) impacted by the external environment. Finally, the analysis of the impact on the management assessment scores showed that the productivity (MPI), scale efficiency (CRS), size of sales, operating profitability, and total capital investment efficiency are significantly related (+), except for the asset turnover, which is a static financial ratio. Meanwhile, the management evaluation scores between the high-productivity public corporations and low-performing public corporations were significantly discriminating. Thus, it is confirmed that the nation's state-run companies must manage their MPIs in a time series to score high in management evaluation.

The Interaction between Labor Productivity and Competitiveness in Vietnam

  • DONG, Nguyen Thi;DIEM, Tran Thi Ai;CHINH, Bui Thi Hong;HIEN, Nguyen Thi Diu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.619-627
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    • 2020
  • This study measures the relationship between labor productivity and national competitiveness. Through the shift- share analysis method, the paper has separated labor productivity into three factors: static shift effect, dynamic shift effect and endogeneous effect. Next, in combination with the Granger causality test, the paper examines the relationship between the factors constituting labor productivity and competitiveness during the period from 2005 to 2017. Research data is collected from General Statistics Office and annual global competitiveness reports. The results show that the interaction between labor productivity with global competitiveness index (GCI) in Vietnam has similar variation. Nevertheless, when separating labor productivity into three effects, this relationship shows more clearly that the impact of labor productivity on GCI scores is mainly caused by endogeneous effect, not by static shift effect or dynamic shift effect. Therefore, in order to improve its competitiveness, Vietnam should focus on a number of solutions: reforming the education system towards developing thinking capacity and creative capacity; fostering industrial manners to create dynamic and flexible workers; building the State with sufficient capacity to implement consistent and transparent policies; formulating policies to attract all economic sectors so that they actively participate in the field of human resource training for the country.

Workload and Productivity during Work from Home (WFH) for the Construction Workforce

  • Wu, Hongyue;Chen, Yunfeng
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.492-499
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    • 2022
  • A large number of employees shifted to Work from home (WFH) due to the COVID-19 pandemic, including the construction workforce. The changes in workload and productivity due to WFH impact the work performance and economic outputs of companies. However, there are mixed results about the impacts of WFH on workload and productivity. In particular, limited studies focused on specific types of work of different occupations in the construction workforce. This study aims to explore the impacts of WFH on workload and productivity considering different types of work for the construction workforce in the U.S. After identifying three main occupations and five types of work, an online survey (N = 69) was distributed. Descriptive analysis showed that participants had less workload (0.82 hours/week) and lower productivity (9.69%) during WFH. Three occupations had varied changes due to the different types of work. Analysis of Variance (ANOVA) indicated that there was no significant difference in workload, while productivity was decreased during WFH. In particular, the productivity of project-related work and communication and documentation decreased significantly. Overall, participants finished 2.85% less workload per week during WFH. The findings provide an insight into WFH in the construction workforce, which improves future remote or hybrid work arrangements in the construction industry.

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Problems and Amelioration Measures of the Assessment on Terrestrial Ecosystem Field in Environmental Impact Statement (환경영향평가서에 나타난 육상생태분야의 평가에 대한 문제점과 개선방안)

  • Koh, Kang-Suk;Suh, Min-Hwan;Kang, In-Goo
    • Journal of Environmental Impact Assessment
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    • v.4 no.1
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    • pp.37-46
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    • 1995
  • This study was carried out to find the problems of assessment on terrestrial ecosystem part in environmental impact analysis(EIA) and to suggest the proper amelioration measures by analyzing 19 environmental impact statements(EIS) published during the period from 1991 to 1994. The results obtained from this study were as follows. Field survey for the investigation of fauna and flora in project areas should be conducted at least 3 times a year and name of investigator should be written on the EIS clearly. Increase or decrease in degree of green naturality and productivity cannot be an absolute criteria for expressing the amount of changes in ecosystem. Evaluation for the ecosystems and their composition in project area is more important than presenting merely the increase or decrease in degree of green naturality and productivity. Alleviation measures in 19 EISs analyzed in this study were summarized into 6 types: They are establishment of landscape plan, transplanting of useful trees preservation of big tree and protected species, restoration and preservation of existent vegetation, establishment of soil conservation measures and diminution of the impact on animal. However, they were somewhat insufficient because they wouldn't suggest the alleviation measures in detail. The more positive counter-proposals are needed to decrease the impact of the project on terrestrial ecosystem.

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Optimal Section Design for Metal Press Door Impact Beam Development by 3-Point Bending Analysis (3점 굽힘 하중 해석을 통한 금속 판재형 도어 임팩트 단면형상 최적설계)

  • Kim, Sun-Yong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.7
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    • pp.166-172
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    • 2019
  • A case study was performed in order to develop well-designed of thin plate door impact beam. The conventional impact beam was consisted of steel-pipe welded two brackets on the both side, which causes low productivity and high cost. In order to overcome those disadvantage, it is necessary to develop a new type of door impact; thin plate impact beam. The thin plate impact beam was not needed a welding procedure, which can lead low cost and high productivity. In order to maximally resist from an external force, the cross-section design should be well designed. 6 different cross-section design were proposed based on engineer's experience. Three point bending test was simulated those 6 different impact beam and compared the reaction forces. Among them, one case was chosen and redesigned for detail design.