• Title/Summary/Keyword: Sector Investment Strategy

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A Study on improving the competitiveness of agri-food export sector in Korea - with Porter's Diamond Model - (우리나라 농식품 수출부문의 경쟁력 향상방안 연구 - 포터의 다이아몬드 모델을 중심으로 -)

  • Cho, Sung-Je;Park, Hyun-Hee
    • International Commerce and Information Review
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    • v.13 no.3
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    • pp.249-274
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    • 2011
  • This paper examines agri-food export competitiveness among 4 countries(Korea, USA, Japan, China) based on Porter's Diamond model approach. Korea agri-food competitiveness index is much less than those of other countries. Korea is the lowest ranked among the 4 countries in terms of three determinants(except 1 factor, related and supporting industries) of Porter's Diamond Model: Factor condition, demand condition, firm strategy, structure and rivalry. Korea is assumed to have weak point in the factor condition, demand condition because of low capital and land as well as insufficient investment on the agri-food sector. on the other hand, it seems to have strong factor in consumer condition(demand condition). This paper suggest the following strategies to reinforced the agri-food export sector in Korea. 1) an incentive system for seed development and capital investment, 2) a cluster strategy between agriculture and related industry.

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Comparative Profitability of Women Dominated Fish-based Livelihood Activities in Southwest, Nigeria

  • Mafimisebi, T.E.;Ikuemonisan, E.S.;Mafimisebi, O.E
    • The Journal of Economics, Marketing and Management
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    • v.3 no.3
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    • pp.7-23
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    • 2015
  • Women are more disadvantaged than men in many fronts and this confines them to informal sector livelihood activities. Any attempt to improve women's economic status will require information on the organization, cost and returns to investment in the livelihood activities in which they predominate. This is the issue for this study which compared yield performance in artisanal fishing and fresh fish marketing. Primary data collected through multi-stage sampling method were analyzed using inferential statistics, budgeting and regression models. Empirical findings revealed that about 75.0% of fisher folks either had no formal education or acquired only primary school education while 50.0% of marketers had secondary school education. The budgeting model revealed fisher-folks' and marketers' annual net profit to be N2,882,626.00 and N640,227.00, respectively. Profit from fishing was significantly higher than that of fish marketing. At 53.2% for fishing and 40.3% for marketing, returns to investment was better in fishing. Regression model results showed the significant factors influencing returns to each livelihood strategy to include fishing ground, distance covered and years of experience. The major constraint faced by operators of both livelihoods groups was insufficient credit. Despite this, the livelihood strategies were shown to be profitable ventures which contributed to households' consumption expenditure. Organizing women informal sector operators into groups to enhance access to government support and formal credit are recommended for improving livelihood strategy performance.

Main Features and Implications of KORUS FTA Negotiation Strategy : The Case of Foreign Ownership Regulation on Facilities-based Public Telecom Services (한미 FTA 협상전략의 특징 및 시사점 : 기간통신서비스 외자규제 사례를 중심으로)

  • Lie, Han-Young
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.399-422
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    • 2007
  • Like in other trade negotiations covering comprehensive sectors, it is reported that KOREA-US FTA tried so-called 'package deal' at the last minutes, when telecom services sector was positioned at the forefront and expected to partly play a role in buffering US' market-opening pressure on other sectors. Before everything else, Korean negotiators had to enhance the value of foreign ownership deregulation in telecom services sector as a leverage in the course of KOREA-US FTA negotiations. In addition, since foreign ownership change, if any, is highly sensitive issue either politically or policy-wise, it seems very difficult to find a breakthrough. Focusing on foreign ownership regulation in telecom services sector, this paper seeks how Korea has developed its strategic reasoning for negotiations and evaluates the outcomes of KOREA-US FTA negotiations.

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Economic Analysis Study on the R&D Effect of Performance Improvement of the Tri-generation Fuel Cell System (연료전지 삼중열병합 시스템의 성능개선 R&D 효과에 대한 경제성 분석 연구)

  • Ahn, Jong-Deuk;Lee, Kwan-Young;Seo, Seok-Ho
    • New & Renewable Energy
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    • v.18 no.2
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    • pp.26-39
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    • 2022
  • Considering the recent substantial increase in national research and development (R&D) budgets in the energy sector there has been increased Interest in the effectiveness of government R&D investments. We conducted a case study to calculate the allowable scale and effectiveness of R&D investment by calculating the direct performance improvement effect resulting from R&D investment as an economic value. Using conditions that existed prior to R&D investments as a reference, five cases in which performance improved due to R&D investments were compared and analyzed. The government's financial investment is increasing rapidly in line with the establishment of the national hydrogen roadmap. R&D is needed to enhance the current low technology readiness level of hydrogen fuel cells compared to solar and wind energy fields. Therefore, an R&D project to improve the performance of the fuel cell system was selected as this case study's subject. Using the results in this study, the allowable level of investment in the task unit of national R&D projects could be calculated. Moreover, it is advisable to provide a standard for rational decision making for new R&D investments since it is possible to determine investment priorities among a large number of candidates.

An Empirical Study on the Effects of Technology Strategy and Technology Planning Capability on Firms' Profits (기업의 기술전략과 기술기획 역량이 경영성과에 미치는 영향 연구: 조직유연성의 조절효과를 중심으로)

  • Lee, Jongmin;Chung, Sunyang
    • Journal of Korea Technology Innovation Society
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    • v.18 no.1
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    • pp.1-27
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    • 2015
  • Korea has increased R&D investment continuously for the improvement of global technological competencies. Korea ranked first in the world with 4.15 percent in the ratio of R&D investment to GDP. In particular, the private sector occupies a crucial position of technological innovations in Korea, constituting 78.5% of total R&D investment. However, quantitative growth strategy is no longer effective, so efforts to enhance efficiency by upgrading qualitative level are badly needed. This paper studied methods for improving firms' business performance. For this, it tried to empirically verify technology strategy and technology planning capability's influence factors on the improvement of business performance. The study showed that technology strategy and technology planning activities have positive effects on the improvement of business performance. And it was revealed that coordination flexibility contributes to the enhancement of business performance by positively controlling technology planning activities. The study performed sample survey on the companies with R&D centers and multiple regression analysis and quantile regression were used for the analysis.

Investment policy and trends of agri-food R&D in major overseas countries (해외 주요국가의 농·식품 R&D 투자 정책 및 동향)

  • Hong, Seok-In
    • Food Science and Industry
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    • v.53 no.4
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    • pp.410-421
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    • 2020
  • Regarding a long-term strategic plan in the food and agriculture sector, R&D policies and investment trends in major overseas countries are reviewel. The importance of efficient resource management is emphasized along with continuous government support for R&D in the agri-food industry. In response to facing social issues such as climate change, food security, food safety, health, and environment, research and innovation agenda is mainly focused on harmony between economy and environment, human nutrition and health as well as animal and plant health, and an integrated ecosystem approach. Particularly in the food sector, public investment is generally made in food safety, nutrition and health, and private investment for food processing and manufacturing. Public-private collaboration is carried out in order to enhance the efficiency of R&D innovation and development strategies in the agri-food industry.

Policy Directions & Efficient Investment Strategy in Transportation Infrastructure (긴급제언 - 교통인프라 정책방향과 투자효율화 전략)

  • Lee, Sun
    • Journal of the Korean Professional Engineers Association
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    • v.46 no.1
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    • pp.49-54
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    • 2013
  • The total estimated socioeconomic logistics cost in transportation sector, including traffic congestion, household travel expenses, national macroeconomic logistics and traffic accident related cost, amount to approximately 240 trillion won a year in 2009. The amount is in increasing trend every year due to the inefficient infrastructure system in urban city roads and in intercity highways. The Government adopts the 4th National Spatial Planning (Revised) which is in progress in order to build a new physical environment ensuring people's welfare by providing the efficient and sustainable transportation networking system.

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Key Factors Affecting the Development of Public-Private Partnerships in Water and Wastewater Services in the Jiangsu Province, China

  • Oh, Jihye;Lee, Seungho
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.211-211
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    • 2022
  • The marketization reform from the open-door policy in 1978 was not only booming export-oriented industries with foreign investment but also expanding the role of private actors in the Chinese water sector. Private Sector Participation (PSP) has become an important element in developing urban infrastructure by providing better services with advanced facilities. The rapid development of PSP-driven urban water infrastructure in China has a positive impacted on Chinese economic development, particularly in coastal areas. PPPs in some coastal areas have successfully spread out over China since China applied the first Build-Operate-Transfer (BOT) mode in the water sector in the early 1990s. The market-oriented water and wastewater, Public-Private Partnership (PPP) mechanism in the initial period of China has been transformed into a state-dominated PPP mechanism. The development pattern of the water and wastewater PPPs in China has been divided in four stages: the first period from 1984 to 2002, the second period from 2003 to 2008, the third period from 2009 to 2014, and the last period after 2015. The study aims to investigate the successful process of water and wastewater PPPs in local areas through five socioeconomic elements: export-oriented economic strategy, urbanization, cheap land policy, infrastructure investment, and water issues and climate change. In addition, the study focuses on analyzing the extent to which the Chinese government re-asserted its control over the PPP mechanism by classifying five elements in three different development Phases from early 2000 to 2020. The Jiangsu Province in the estern coastal area has actively invited PPP projects in the water and wastewater sectors. The successful introduction and rapid growth of PPPs in the urban water infrastructure has made the province an attractive area for a foreign investor.

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The Relationships among Orientations of IT Strategy, Directions of IT Portfolio, and IT Performance

  • Kang Taegyung;Park Sanghyuk
    • Proceedings of the Korea Association of Information Systems Conference
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    • 2004.11a
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    • pp.201-208
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    • 2004
  • Many organizations experience that the Performance they gained from IT portfolio is lower than they expected values. As with any investment, executives are concerned with maximizing the performance from their investment in IT. This study focused on the relationship or fit between orientations of IT strategy and directions of IT portfolio to maximize IT performance. A field survey of chief information officers of Korea manufacturing sector was conducted in 2003. Complete data of 147 firms was analyzed to determine relationship among the three research constructs that are orientations of IT strategy, directions IT portfolio, and IT performance. In this study, the orientations of IT strategy have two dimensions that are operation orientation and market orientation. The directions of IT portfolio have two dimension that are internal system focused and external system focused. And the IT performance has divided into operational performance and competitive performance. As a result of this study, the companies that are putting a focus with operation orientation were concentrated on internal information systems than external information systems. On the other hand, the other companies that are focused on market orientation were concentrated on external information systems than internal information systems. Consequently, the companies that are focused on operation orientation were operational performance higher than competitive performance and the other companies that are focused on market orientation were competitive performance higher than operational performance. More importantly, the research results provide empirical evidence that supports the hypothesis related to closer fit between IT strategy and IT portfolio does lead to increase operational and competitive performance of IT. And the results emphasize manager's efforts of fit between orientations of IT strategy and directions of IT portfolio to be realized IT performance.

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Fundamental Study for Establishing the Research and Development Encouragement Strategy in Construction Area (건설분야 R&D 활성화 전략 수립을 위한 기초연구)

  • Kim, Kyoon-Tai
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.4
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    • pp.123-129
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    • 2008
  • The final objective of this study is to establish the research and development (R&D) encouragement strategy in construction area. For this, this study deals with the survey of current status of Korean construction industry. The result of this study is as follow; First, it is necessary for strengthen the R&D infrastructure to establish R&D cooperation system between industry, university, government and public institute. Second, private sector's should do its role as one of the four performing sectors in R&D network, not just assisting role. We will apply the result for establshing the national strategy as basic data.