• Title/Summary/Keyword: Regional Strategy Industry

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Formulating Blue Ocean Strategy to Revitalize a Regional Industry : A Case of Rafting Industry in Korea (지역산업 발전을 위한 블루오션전략 수립 : 래프팅산업에의 적용 사례)

  • Park, Kyung-Min
    • Korean Management Science Review
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    • v.26 no.1
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    • pp.7-20
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    • 2009
  • The framework of "blue ocean strategy (Kim and Mauborgne, 2005)" applies to not only business firm level but also region or regional industry level. The paper suggests an approach of survey-based blue ocean strategy formulation. The result from survey on customer group and non-customer group gives information on positions of value curves for regions on strategy canvas and hints on how to reposition the focal region's value curve for both increases in value for customers and decreases in cost for local government, i.e., value innovation. In the context of rafting industry in Korea, this study shows the process how blue ocean strategy can be formulated with results from the survey on customers and business people in rafting industry. Relative positions of value curves on strategy canvas and importance scores for strategy elements provides the local government in region A with implications on which elements to raise or to reduce to create "blue ocean" in rafting industry under fierce inter-region competition.

The Relationship between Innovation Capability of R&D and the Firm's Performance : Comparing Regional Strategy Industry with Non-Regional Strategy Industry in Daegu (R&D 혁신역량과 기업성과 간의 관계: 대구지역 전략산업과 비전략산업 간 비교분석)

  • Shin, Jin-Kyo;Jo, Jeong-Il
    • Management & Information Systems Review
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    • v.30 no.2
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    • pp.211-235
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    • 2011
  • We examined the relationship between innovation capability of R&D and the firm's performance by mainly comparing regional strategy industry with non-regional strategy industry. Also, this analysis involved comparing the relationship by regional strategy industry. For the purpose of this study, we divided innovation capability of R&D into input, process and output. The first of main results in this study was that regional strategic industry was significantly higher than non-regional strategy industry in innovation capability of R&D with the exception of the CEO's mind for technological innovations. However, we found no significant difference in the firm's performance. Second, in the results of comparing innovation capability of R&D and the firm's performance by regional strategy industry, electronic-information equipment industry was significantly superior to other industries. Third, it was found that the relationship between innovation capability of R&D and the firm's performance was different by regional strategy industry. Also, R&D manpower and R&D process were more significant factors affecting the firm's performance rather than R&D input and output.

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Packing Industry Realize Plan of Gwang Yang Bay (광양만권의 패키징산업화 구현 방안)

  • Park, Hong-Gyun
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.103-119
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    • 2005
  • For the selection of attraction industry of foreign investment in the free trade zone of Gwang Yang Bay, an overall consideration should be made considering aspects such as the industry development strategy of Gwang Yang Bay and the regional industry development strategy of the local government. For Gwang Yang Bay to grown into the E-Hub Port of Northeast Asia, the development of the back zone of should be accelerated. There is a need to offer custom made incentives for the core businesses. Packaging is a field of combined science and a future industry. Packaging industry, which has close association with regional industry and regional college's research human resources, should be combined with design and set up a packaging industry complex.

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A Survey on Perception of Regional Industries to Reinforce the Employment of Engineering College Students and the Industry-University Cooperation (공과대학생의 취업과 산학협력 강화를 위한 지역 산업체의 인식 조사)

  • Seo, Kwang-Kyu;Ahn, Beumjun
    • Journal of Engineering Education Research
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    • v.15 no.6
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    • pp.3-8
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    • 2012
  • The purpose of this study is to reinforce employment improvement of engineering college students and the industry-university collaboration of regional industries. In order to achieve the object of this study, we inquire and analyze the general requirements for engineering college students and specific requirements for each major of engineering college. In addition, we survey and analyze the industry-university collaboration programs and awareness of them. When regional companies hire new workers affiliated engineering students, they significantly consider executive ability related to their majors and self-confidence. The education and research area by each department and the status and the intention of industry-university cooperation are also investigated. Eventually, we propose the education plan to meet the industrial requirements and industry-university cooperation strategy.

Effective analysis of Regional Industry Development Project (글로벌 경제체제 하에서의 지역 R&D 효율화 방안)

  • Bae, Jeong-Hwan;Lee, Jae-Kyu
    • The Journal of the Korea Contents Association
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    • v.10 no.4
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    • pp.292-297
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    • 2010
  • The Economic region, the strategy for regional development, is a global trend and has become the blue ocean. Korea has also moved forward with the concept of economic region as the strategy for regional development. So, The main purpose of this study is to find the strategies to improve the regional R&D competitive power and making regional R&D support system. As a goal of regional innovation and regional economic development, the business adds new jobs and new products, resulting in growth of the community.

Fukuoka Next-generation Social System Creation Hub as a Regional Innovation Platform Strategy

  • Cha, Sang-Ryong
    • World Technopolis Review
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    • v.7 no.2
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    • pp.125-134
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    • 2018
  • The purpose of this article is to introduce and describe the case of Fukuoka Next-generation Social System Creation Hub based on the conceptual framework of regional innovation platform strategy. In short, it is a "government-issued" regional innovation platform strategy to improve innovativeness with limited creative capital through "borrowing" not money but network, wisdom, know-how, and ideas from each other between some stakeholder groups in a region. The Fukuoka Industry, Science & Technology Foundation, which is the coordinating institution of the whole program, plays the role of a platformer to unify various projects into the program crossing borders between stakeholder groups for building regional innovation platforms that lends intensive support to feedback loops between the program facilitator and its partners in the program. Thanks to being a government-issued one, it could be tied together with some wide ranging issues of policy on social innovations, such as the "low carbon society" or the "health and longevity society." But at the same time, it is a concern that many regional research institutions that have innovative potential and diverse ideas become governed by the platform without their noticing it and dealt with in the same way based on "selected" and "designated" strategic goals. Therefore, it seems that a regional innovation platform strategy is a kind of "double-edged sword" in public policy in the era of "panopticism of bureaucratic society" in Japan.

A Study of Business Support Policy for Small-Medium Enterprises in Regional Strategic Industry (지역전략산업 연계 중소기업 지원정책의 효율성 개선방안)

  • Kyung, Jong-Soo;Lee, Bo-Hyung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.6
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    • pp.2030-2037
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    • 2010
  • In this study, We will find approach to improve the efficiency of business support policies for small-medium enterprises(SMEs) in the regional strategic industries. Especially, based on the customized needs of SMEs in strategic industries, we intend to find directions of the business support policy. we can use the decisions criteria(for example, business strategy, business portfolio, effective budget allocation, core business plans, etc.) by research results. To achieve the research objectives, we surveyed from 243 SMEs in regional strategic industry. we found the differences of industry characteristics, strategy and industry-specific by growth stages. Thus, this result implies the necessity of creating a customizing policy for SMEs. We found implications about the efficiency improvement of regional industrial policy. In conclusion, regional industrial policy must reflect the central government's policy direction of regional industries and the demand of SMEs.

One Response from the South: Singapore's Efforts at Developing Hub Functions

  • Ho, Kong-Chong
    • Journal of the Korean Regional Science Association
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    • v.15 no.2
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    • pp.103-116
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    • 1999
  • As Asia becomes increasingly integrated economically, opportunity particularly in managing financial flows, as bases to coordinate regional production networks, and as staging points for the penetration of new markets. The paper argues for a path-dependent logic to understanding the efforts of the Singapore State in hosting hub functions. As a city-state without a national economic hinterland, Singapore's response to increasing business costs and regional competition has been to create a set of policies designed to encourage multinational companies to keep administrative control functions in Singapore while moving the more labour and land intensive production functions to nearby Malaysia and Indonesia. An understanding of the competition among cities in the Asia Pacific for hub functions must also take into account corporate strategy within particular industry dynamics. The second half of the paper provides a number of case studies to show this interplay between corporate strategy, industry dynamic and government policy.

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A Study for Reconstruction of Chuncheon Animation Industry (춘천 애니메이션 산업부흥을 위한 연구)

  • Park Ki-Bog
    • The Journal of the Korea Contents Association
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    • v.5 no.6
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    • pp.209-222
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    • 2005
  • This study is intended to arrange the situation of Chuncheon Animation Industry which is applied as a keyword for Regional balanced development system and Regional specialized Industry promotion policy and estimate the appropriateness as Regional specialized industry and possibility of comparative superiority over other regions. This study is intended to look the trial and error of Chuncheon Animation Industry which has been promoted for 10 years and suggest the method to establish new regional industry promotion strategy based on 'innovation' and apply it effectively. Therefore, I intend that in order to establish a new paradigm of animation industry, the industrial appropriateness of animation in changed New Knowledge Based Society is inspected and then the strategy is made. Moreover, in the point of leading position of regional animation, the basis and function of New Knowledge Based Society of Gangwon-province and Chuncheon are thought. In conclusion, the problems and solution of Chuncheon Animation Industry are explored.

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