• Title/Summary/Keyword: Public Firm

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Future direction of Public e-Marketplaces focused the Evolution of Business IT (정보기술의 진화과정 측면에서 본 중개형 e-마켓플레이스의 발전방향)

  • Lee, Jae-Keun
    • The Journal of Information Technology
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    • v.6 no.1
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    • pp.49-63
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    • 2003
  • In recent years, the number of public e-Marketplaces have grown according to the leap-frogging advancement of network technology based on open communication architecture named Internet. However, the transaction volume through public e-Marketplaces have been an immaterial increase, and some well-known sites closed their businesses. This study proposes the public e-Marketplace as an e-Business system which has been recognized the most strategic application of business information technologies (Barrett & Konsynski, 1982; Cash & Konsynski, 1985), and suggests some future strategic and technological direction which supports a firm's transaction infrastructure under internet architecture. For this purpose, it reviews evolution of business information technologies.

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Examining Incentives to License Technology in U.S. High-Tech Industries

  • Kim, Young-Jun
    • Management Science and Financial Engineering
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    • v.10 no.1
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    • pp.43-52
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    • 2004
  • This paper empirically investigates potential factors that might affect firms' incentives to license out technology. The analysis is done with the help of a panel data set of observed licensing transactions involving U.S. public companies in high-technology industries. The important explanatory factors relate to the firm characteristics such as the company's stock of technological knowledge (patent stock). prior involvement in technology licensing. the company size, R&D intensity and capital expenditure. The results suggest that there seems to be significant inter-sectoral differences as well as similarities in determinants of the propensity to transfer technology through licensing agreements.

The Effect of Rate-of-Return Regulation on Public Utility Pricing

  • Kim, Pang-Ryong
    • ETRI Journal
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    • v.16 no.3
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    • pp.11-26
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    • 1994
  • In Korea, the price schedule for local telephone combines two-part tariffs and peak-load pricing subject to rate-of-return (RoR) regulation. Although the effect of RoR regulation on two-part tariffs or peak-load pricing has been separately analyzed by many authors in some detail, the behaviour of regulated firm under combined two-part and peak-load pricing has not been studied until now. This paper examines the effect of regulation on the rate structure and welfare under combined two-part and peak-load pricing.

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What Causes Technology Commercialization to Succeed or Fail after Transfer from Public Research Organizations

  • Kim, Yong-Jeong;Shin, Seowon Joseph
    • Asian Journal of Innovation and Policy
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    • v.6 no.1
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    • pp.23-44
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    • 2017
  • This study explores how the technology commercialization process leads to either success or failure after transfer from PROs to SMEs by conducting a binomial logistic regression analysis. We found that the more additional development a firm implements on the transferred technology, the more likely the commercialization is to fail. The higher number of alternative technology and bigger market risk are associated with a greater likelihood of failure. On the other hand, the existence of complementary technology, the degree of cooperation with the technology provider, the size of the target market, the willingness of the CEO, and the funding availability are known to have positive effects on the success of technology commercialization. In addition, the case studies we conducted from the sample companies demonstrated that "market uncertainty," "technological issues depending on the technology-specific characteristics," and "a lack of funding capability" are some of the causes for failure of technology commercialization.

Is privatization of telecom operators socially desirable?

  • Choi, Seung-Doo;Hong, Jae-Bum
    • 한국디지털정책학회:학술대회논문집
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    • 2004.11a
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    • pp.25-37
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    • 2004
  • This paper compares long-run buy-and-hold returns of privatization initial public offerings to those of domestic stock markets of respective countries using a sample of 29 privatized telecom initial public offerings from 27 countries. The evidence indicates that the privatization IPOs significantly outperform their domestic stock markets if the returns are equally-weighted while they do not outperform the markets if value-weighted. In addition, this paper analyzes the cross-sectional determinants of long-run buy-and- hold returns of privatized telecom shares. The results indicate that the long-run performance of privatized telecom IPOs is moderately related to the proxies of policy uncertainty or systematic risk while the size of the firm and some market wide variables such as the accounting standard, origin of commercial law, and the corporate governance scheme significantly affect the stock performance of privatized telecom shares.

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Who Wants Checks and Balances? Endogeneity of the Balancing Perspective

  • Yu, Eric Chen-Hua;Huang, Chi;Hsiao, Yi-Ching
    • Asian Journal for Public Opinion Research
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    • v.2 no.3
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    • pp.196-227
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    • 2015
  • The premise of the intentional model of split-ticket voting is that some voters split their tickets simply because they prefer divided government and believe in constant "checks and balances." This article examines whether this premise stands firm in an emerging democracy like Taiwan. That is, by using survey data in Taiwan, we explore whether one's attitude toward divided or unified government is "real." We hypothesize that a citizen's attitude toward "checks and balances" is subject to change, and conditional on whether her preferred party is in power. Specifically, we speculate that a citizen would tend to hold the balancing perspective or favor divided government, if her preferred party is in opposition. However, if her preferred party becomes the ruling party, she would be more likely to oppose (hold) the balancing (non-balancing) perspective or favor unified government. We then utilize panel survey data embedded in Taiwan's Election and Democratization Studies (TEDS) to verify our hypothesis.

A Study on the Effect of Quality Certification Incentives on Enterprise Management Performance - focusing on Office Furniture for the Public Procurement Service of Korea (품질인증(品質認證) 인센티브제도의 운영이 기업경영성과(企業經營成果)에 미치는 영향(影響) : 조달청 사무용 가구 중심으로)

  • Kim, Kwang Soo;Kwak, Soon Jin;Chung, Soon Suk
    • Journal of the Korea Safety Management & Science
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    • v.16 no.1
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    • pp.159-168
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    • 2014
  • This paper study is to identify the effect of quality certification incentives regulations to a firm. The pur purpose of this study is to propose the right way of improvement and policy by conduct research for quality certification incentives regulations, which applied by public procurement service for office furniture. For more accuracy, this study analyze the result of questionnaire, visiting, telephone survey conducted by office furniture manufacturer those are registered in MAS (Multiple Award Schedule System).

기술혁신 지향적 정부구매제도의 정책방향

  • 김태황;송종국
    • Proceedings of the Technology Innovation Conference
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    • 2000.06a
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    • pp.123-151
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    • 2000
  • The aim of this paper is to investigate how the public procurement policy exerts an effect upon the technology innovation of the firm and to make alternative proposals how to reinforce the effect. Although the pubic procurement process based on its monopsonic idiosyncrasy implies the means to lead the firms' supply function, the present system has contributed a little to accelerate the technology innovation. In fact, the system is lacking of the evaluation capability referring to the technological computer among the bidding films. So as to reinforce the function of technology innovation of the public procurement policy, it is necessary to improve the procurement institutions, in particular bidding and contract system. Finally, the paper propose, on the on hand, to enlarge the application range of the total bidding system in order to apply more strictly the technology evaluation standards on bidding, and on the other hand, to multiply the competitive proposal and the incentive contract type.

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Parks and Leisure${\cdot}$Recreation Environments in Western Areas -Special Consideration on the Public Parks & Recration System Development in the United States- (歐美의 公園 및 餘暇${\cdot}$레크레이션環境 -美國의 公園${\cdot}$레크레이션 制度에 관한 歷史的 考察을 中心으로-)

  • Moon, Seok-Ki
    • Journal of the Korean Institute of Landscape Architecture
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    • v.18 no.3 s.39
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    • pp.85-97
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    • 1990
  • To understand the parks and leisure recreation environments of United States, some major areas are studied with the brief history of R & P area. development Those are 1) National Park System and National Park Service 2) ORRRC and BOR 3) Education of the Recreation & Park professions. Some findings of this study can be summarized as follows : 1. In United States, R & P area has been developed on the firm base of 'Publicity'. Central Park as a public park, National Park Service and Bureau of Outdoor Recreation as Federal organization have led this concept. 2. Major recreational resources - natural, cultural and historical etc-have converged into National Park System. On that, conservation and recreation use of those resources are possible in balance. 3. Establishment of the R & P area in the early stage made a great contribution to educate professionals. And this situation has been so helpful for balanced development of the area.

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An Attempt to Measure the Familiarity of Specialized Japanese in the Nursing Care Field

  • Haihong Huang;Hiroyuki Muto;Toshiyuki Kanamaru
    • Asia Pacific Journal of Corpus Research
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    • v.4 no.2
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    • pp.57-74
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    • 2023
  • Having a firm grasp of technical terms is essential for learners of Japanese for Specific Purposes (JSP). This research aims to analyze Japanese nursing care vocabulary based on objective corpus-based frequency and subjectively rated word familiarity. For this purpose, we constructed a text corpus centered on the National Examination for Certified Care Workers to extract nursing care keywords. The Log-Likelihood Ratio (LLR) was used as the statistical criterion for keyword identification, giving a list of 300 keywords as target words for a further word recognition survey. The survey involved 115 participants of whom 51 were certified care workers (CW group) and 64 were individuals from the general public (GP group). These participants rated the familiarity of the target keywords through crowdsourcing. Given the limited sample size, Bayesian linear mixed models were utilized to determine word familiarity rates. Our study conducted a comparative analysis of word familiarity between the CW group and the GP group, revealing key terms that are crucial for professionals but potentially unfamiliar to the general public. By focusing on these terms, instructors can bridge the knowledge gap more efficiently.