• Title/Summary/Keyword: Promotion of Export

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An Empirical Study on the Effects of Export Promotion on Korea-China-Japan Using Logistics Performance Index (LPI)

  • La, Kong-Woo;Song, Jin-Gu
    • Journal of Korea Trade
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    • v.23 no.7
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    • pp.96-112
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    • 2019
  • Purpose - "Trade Facilitation" aims the easier flow of trade across borders, driven not only by effective customs administration, the efficiency of appropriate authorities, but also by telecommunications, the quality of infrastructures and competent logistics. Facilitating trade will help lower trade development costs as well as improve economic development and enhance economic benefits for emerging economies at a time when imports and exports are sent in and out across borders several times in the form of intermediate and final products. Not only that, globalization is being accelerated, which in turn increases competitiveness and this makes logistics one of the key factors when it comes to international trade. Highly efficient logistics services promote product movement, ensure product safety and delivery speed, and reduce trade costs between countries. The purpose of this study is, by using the LPI indices based on gravity model estimates, to analyze the impact of each LPI component on trade with the 20 biggest exporting countries of Northeast Asian countries-Korea, Japan, and China-which account for 19.05% of global exports. Design/methodology - Also, this study statistically analyzes the impact of trade on Northeast Asian countries' top 20 exporting countries, using the LPI indices relevant to Trade Facilitation based on the gravity model estimates. Findings - As a result, it was turned out that the distance, GDP, and the LPI components have relevant impact on the trade exports of all three countries but demonstrated little relation to the demographic perspective. Originality/value - The study also found we can increase the trade volume by improving three countries' trade partners' LPI indices since Korea, Japan, and China share most of their 20 biggest trade partners.

A Study on A Scheme to Improve the Competitive Power of the Korea Satellite Industry (우리나라 위성 산업 경쟁력 제고 방안에 관한 연구)

  • Eun, Jong Won
    • Journal of Satellite, Information and Communications
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    • v.8 no.1
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    • pp.35-39
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    • 2013
  • Space technology is a core technology which is emerging as the most competitive industry in the 21st century. However, it is said that private enterprises may have some limitations to run the space business independently because the space industry requires not only to enormously spend the amount of investment at the beginning stage of business but also to have lots of difficulties to get the amount of investment in the short period of time. Therefore, the advanced countries of having the space industry such as America, Japan, France and so on have been developing the space technologies through the help of their governments to some level at the beginning stage of business. Korea established the space development promotion law in 2005. Also Korea has been making efforts to correct the national space development middle and long term basic plans. However, while Korea becomes the 8th economic country in the world, Korea does not have a large enterprise which has ability to supply the domestic satellite demands, and to export satellites to foreign countries by developing satellites without having any help from foreign companies. Therefore, this paper described the activating scheme of satellite industry to efficiently carry out the Korea's space development mission, and to enforce the global competitive power.

A Study on the Service Marketing Analysis and Development Plan (유가공 업체의 서비스 마케팅 차원의 분석과 발전 방안에 관한 연구)

  • park, jinho
    • Journal of Service Research and Studies
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    • v.9 no.1
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    • pp.33-49
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    • 2019
  • In this study, we achieve an increase in sales of dairy companies through innovation in the distribution process of developing core competencies through product differentiation in the domestic dairy companies, creating new consumption pioneered new markets. First of all, improving the quality of milk in the premium milk market can be able to expect the activation of consumption and through promotion activities by the Korean wave can lead to create new consumption pioneered the market diversification at the same time export varieties of white milk and jersey species take advantage of a variety of milk in addition to drink beauty and cooking areas while lowering manufacturing costs through the introduction of the cheese will increase the revenue of the dairy companies and dairy consumption expected to activate at the same time. It is necessary to change cultivars in order to think about nutritional value and flavor, and further environment, and high quality premium milk will become a new trend in the future. Furthermore, promoting the benefits of milk consumption would contribute in raising the milk demand that is negatively correlated with increasing age.

A Study on Logistics Security Recognition of Domestic Logistics Enterprises (국내물류기업의 물류보안 인식에 관한 연구)

  • Lee, Jea-Won;Ryu, Hyung-Geun;Yeon, Joung-Hum
    • Journal of Navigation and Port Research
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    • v.34 no.1
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    • pp.45-50
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    • 2010
  • After September 11 attacks, as recently the range about security of physical distribution is rapidly spreading temporally & spatially, and it considers that the demand of understanding about logistics company is more than that of the past, now is the time that to establish policy for a comprehensive and systematic support policy that targets the entire supply chain considering the competitive of logistics beyond the responsibility for security of the field of import and export simply. In this respect, this study has identified recognition of domestic logistics company about global logistics security system that has recently been implemented in the country, and this level of recognition has really examined what is the impact of its logistics competitiveness and an intention to invest in related areas in the future. Based on this, this study has also proposed the supporting promotion and education for the expansion of logistics security of government & related agencies and effective way promoting to establish policies regarding this.

The Effect of the Korean Wave Phenomenon toward Imitation Intention: Korean Product Purchase Intention in the Global Market

  • Robetmi Jumpakita Pinem;Kim TaeIn
    • Journal of Korea Trade
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    • v.27 no.4
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    • pp.45-60
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    • 2023
  • Purpose - This research focused on women who enjoy watching Korean dramas and K-pop, as well as how their desire to imitate are influenced by their viewing habits. Due to the influence of their idols, women who aspire to copy and are influenced by their idols will desire to purchase Korean products. This cultural export strategy has effectively persuaded the global community, particularly women. Indonesia with a large population can be a reference for the industry to increase sales of South Korean beauty products, especially in the ASEAN region. Design/methodology - This research used a quantitative approach with an online questionnaire. This questionnaire had two steps: the pre-questionnaire and the questionnaire itself. The different measuring tools that were already in use when the data were being collected helped to determine how much each variable meant. As a part of this research project, 410 Indonesian women filled out the questionnaire in order to share their thoughts as they were the focus of the study. SMART PLS was used to analyze the data. Findings - One of the most essential findings from establishing the Korean Wave effect on purchase intention was the imitation intention variable. Someone who has the aspiration to be just like their idol will be willing to give anything in order to achieve that goal. One strategy is to buy things that are similar to the ones you want to imitate in order to stimulate demand for Korean products. People's imitation intention and attitude toward Korean products will increase as a result of Korean drama and K-pop elements that display one's idols with fashionable appearances and good-looking faces, which will lead to purchase intentions. Originality/value - The Korean Wave has had a beneficial impact on the intention to imitate and the attitude toward Korean items, both of which will favorably boost the intention to acquire Korean goods. In order to boost sales in international markets, particularly in Indonesia, the Korean business sector needs to increase the number of artists and singers it employs for product promotion. . Mutualism effect between the government, the entertainment industry, and the beauty product industry to increase sales of South Korean beauty products.

The Characteristics of Water Usage in Jeju Golf Courses (제주지역 골프장의 용수 이용특성)

  • Park, Won-Bea;Kim, Bong-Seok;Yang, Sung-Kee;Moon, Duk-Chul
    • Journal of Environmental Science International
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    • v.20 no.10
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    • pp.1297-1308
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    • 2011
  • This study is to analyze the characteristics of golf course water usage using groundwater and rainwater data obtained from 17 golf courses in Jeju Island during 2007~2009. The groundwater usages were 246,275 $m^3/year$, 213,062 $m^3/year$, 155,235 $m^3/year$, and 126,666 $m^3/year$ in the west, south, east, and north regions, respectively. Monthly rate of the amount of groundwater usage to the amount of permission was 29.5%. The rainfall usages were 386,591 $m^3/year$, 326,464 $m^3/year$, 251,248 $m^3/year$, and 232,061 $m^3/year$ in the south, west, east, and north regions, respectively. Monthly rate of rainwater usage to the amount of water retention of golf courses was 19.6%. The average annual water usage in the 17 golf courses was 499,377 $m^3/year$. From the average usage, it was found that the rainwater usage (305,126 $m^3/year$ ) was 1.6 times higher than that of groundwater (194,251 $m^3/year$ ). That means the annual average rainwater usage to the entire water usage was 61.1%, which was above the criteria of 40%.

A Study on the Substantial impact of US high rate tariff policy on the Korean companies -Based on analysis of Article 301 of the US Trade Law -

  • Nam, Seon Mo
    • International Journal of Advanced Culture Technology
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    • v.7 no.4
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    • pp.63-68
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    • 2019
  • Recently, the United States and China have declared a 25% retaliatory tariff for the partner country products of 50 billion dollar scale. "Trade war" is getting full swing. Such conflicts between economic powers may spread to Japan like the domino phenomenon following the EU (European Union) and become bigger in the global trade war. As a result, Korea has an economic system with a high degree of external dependence, and there is an expert's analysis that it will become the largest victim of the global trade war. If the WTO Dispute Settlement Authority approves this US 301 retaliation measure in the same way as the past case (US-EU hormone-treated beef imports), the United States will not import any Chinese imported products Chinese products) can be imposed. If the US launches a special 301 or super 301, which is stronger than the regular 301, then China is very likely to enforce US retaliation against it, and the trade war between the two countries could become a reality. This phenomenon is likely to have a negative impact on Korean companies. In particular, Korea, which is highly reliant on intermediate goods exports to China, is expected to suffer a great deal of damage. Therefore, Korea needs flexible response at home and abroad, it is necessary to enhance the autonomy of companies and protect export industries. Adjusting corporate tax rate as well as domestic industry height will be one way. The long-term (21 months) trade war between the United States and China has resulted in economic uncertainty. The resulting damage must be compensated. It is necessary to prepare the compensation through the economic council between countries. In the future, the punitive damage compensation system should be introduced.

Strategies for the Promotion of Geographic Information System Industries in the Ubiquitous Computing Age (유비쿼터스 시대의 GIS산업 발전전략)

  • Kim, Jung-Hoon
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.26 no.1
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    • pp.9-16
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    • 2008
  • Korea's GIS market has been proliferating since the 1990s, but still its scale and the structure require overall rearrangements. Recently as the needs and initiatives from central and local governments go stronger to drive 'u-City(ubiquitous City)' developments, there are much more demand of spatial information from sectors like city management, construction, environment and so on. Through the merge between GIS and the advanced Information and Telecommunication Technology, the introduction of new Ubiquitous IT is swiftly changing GIS market environments, so the GIS industry is to be prepared for this trend. The pioneering developments of Ubiquitous-related GIS technologies are expected to highly boost spatial data and related industries, and the pre-occupancy of those technologies in the world would enable the expansion of overseas export market. In the context of these epoch-making chances, by looking into the actual status of GIS industry, this study is to investigate the actual accomplishments to foster the GIS industry through Korea's National GIS Master Plan. Thereby, impending issues will be discussed to provide useful problem-solving suggestions.

A Study on the Characteristics of Seaweed Consumption Market in Vietnam (베트남 해조류 소비시장의 특성에 관한 연구)

  • Jung, Ji-Hyun;Kim, Ji-Ung;Kang, Hyo-Seul;Jang, Young-Soo
    • The Journal of Fisheries Business Administration
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    • v.50 no.1
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    • pp.55-69
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    • 2019
  • The purpose of this paper is to suggest an export strategy of seaweed products from Korea to Vietnam by analyzing the seaweed products consumption in Vietnam. This research surveyed 217 people in Hanoi and Ho chi minh, Vietnam. The result of the research revealed that consumers in Vietnam perceived seasoned kim as a healthy and easy-to-eat Korean food with snacks and side dishes, and it was recognized as a nutritious snack especially suitable for children to 20s. Kimbap is recognized as simple and healthy Korean food that is consumed as a substitute for meals at home, on the streets, and at restaurants. Sea mustard was the healthiest among seaweeds and are consumed in the form of sea mustard soup as good food for women, children, and the elderly. Summarizing the Vietnam seaweed market, it is a market that is similar to Korean seaweed consumer culture. In conclusion, we suggested a seaweed promotion strategy targeting women in their teens to twenties, communication on seaweed production process, experiential marketing strategy and seaweed food culture strategy.

A Critical Assessment of Ecuador's Industrial and Trade Policy (에콰도르 산업 및 무역정책의 비판적 고찰: 정책 이행역량을 중심으로)

  • Han, Hongyul
    • International Area Studies Review
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    • v.15 no.3
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    • pp.559-580
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    • 2011
  • It's hardly possible to end the controversy over the effectiveness of government's role in economic growth of developing countries. It seems that each side can provide enough empirical evidences to support each side's argument. In most developing countries, the governments' capability to implement the economic plan is a more important factor that the type of policy they choose. Therefore, in this study, we focus on the capacity of policy implementation rather than the choice of policy itself. We tried to critically investigate Ecuador's policy implementation capacity in terms of qualities of policy framework, policy measures and policy constraints. First, Ecuador places high priority on import substitution and export promotion, she is not equipped with sufficient policy measures. Second, the overall policy framework is not effective enough to mobilize resource support those policies. Third, while the SENPLADES is leading overall develoment plan, it lacks the capacity to coordinate various ministries involved.