• Journal of the Korea Safety Management & Science
• /
• v.12 no.1
• /
• pp.169-178
• /
• 2010

This study was motivated by the attempt to examine from versatile viewpoints the structural relationship between industrial environment, technology orientation and performances which are all factors related to technical innovation of small and medium-sized companies. In this regard, a survey was conducted to investigate the late industrial environment that could have direct and indirect impacts on the technology orientation of small and medium industry and, based on the survey, an analysis was carried out to determine the effects of its technology orientation on the performances in the technological innovation and management. The outcomes of the analysis could be summed up as follows: First, the factors of technology orientation turned out to have influence on those of industrial environment, which suggests the needs for the small and medium industry to consider the factors of industrial environment at multiple levels. Second, the technology orientation was found to influence the performances of technology innovation and management of small and medium industry in a structural manner, which signifies that the small and medium sized companies have to make strategic decision about the preference in the area of technology innovation and management performances.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• autumn
• /
• pp.468-473
• /
• 2002

The pursuit of strategic infomatization plays a critical role in increasing the competitiveness of domestic companies in this rapidly changing era. In particular, infomatization of small and medium construction companies is lower than that of large companies in terms of company size and the range of infomatization. Also, the environment for the infomatization is very unfavorable. Thus, to ensure effective infomatization of small and medium construction companies, it is critical to assess the current level of infomatization, and ensuing initiatives should start by gaining an accurate understanding of the level that should be reached in the future by each stage. This paper purports to develop indices which are needed for the diagnosis of current level of infomatization and for the understanding of current realities, problems and requirements that the small and medium construction companies face while pursuing infomatization today.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.47 no.2
• /
• pp.155-167
• /
• 2024

Distribution and logistics industries contribute some of the biggest GDP(gross domestic product) in South Korea and the number of related companies are quarter of the total number of industries in the country. The number of retail tech companies are quickly increased due to the acceleration of the online and untact shopping trend. Furthermore, major distribution and logistics companies try to achieve integrated data management with the fulfillment process. In contrast, small and medium distribution companies still lack of the capacity and ability to develop digital innovation and smartization. Therefore, in this paper, a deep learning-based demand forecasting & recommendation model is proposed to improve business competitiveness. The proposed model is developed based on real sales transaction data to predict future demand for each product. The proposed model consists of six deep learning models, which are MLP(multi-layers perception), CNN(convolution neural network), RNN(recurrent neural network), LSTM(long short term memory), Conv1D-BiLSTM(convolution-long short term memory) for demand forecasting and collaborative filtering for the recommendation. Each model provides the best prediction result for each product and recommendation model can recommend best sales product among companies own sales list as well as competitor's item list. The proposed demand forecasting model is expected to improve the competitiveness of the small and medium-sized distribution and logistics industry.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.15 no.1
• /
• pp.185-195
• /
• 2020

This study is intended to determine that there is a casual relationship between technological innovation capability and new product development performance in small and mid-sized venture companies, and that the introduction of collaboration as a means to step up technological innovation capability will improve new product development performance. To achieve this, a survey was carried out to employees who are engaged in R&D work for small and mid-sized venture companies based in Korea, and the results were analyzed by regression analysis. The findings showed that technology strategy, technology learning and open innovation belonging to technological innovation capability in small and mid-sized venture companies had an effect on new product development performance. In other words, the selection of collaboration as a wider array of core strategies on new product development performance showed that collaboration was a strategy affecting new product development performance. In addition, the moderating role of technological innovation capability in boosting new product development performance through the introduction of collaboration showed that common collaboration had a positive effect on stepping up technology strategy, and collaboration as a core strategy had a positive effect on the size of new product development performance by strengthening technology strategy and open innovation.

• Information Systems Review
• /
• v.8 no.3
• /
• pp.175-200
• /
• 2006

Application service provider(ASP) model is emerging as a new form of application outsourcing. ASP model may be attractive for small companies and even some medium-sized companies because these companies lack appropriate resources and technical expertise to develop and operate their information system. However, studies of ASP model have so far been neglected. Service quality is argued to be a crucial success factor for ASP, but yet there is not an empirically validated instrument for measuring ASP service quality. Therefore, this paper aims to develop and test a model for measuring ASP service quality. In order to accomplish these, SERVQUAL that has developed in marketing area were adapted to the context of this study. The research sample was designed by randomly selecting 300 different companies from the database that listed up the small companies participating in "ASP based e-business project for small enterprises". 240 usable responses were received by interview. The results are that reliability and tangibility impact user performances and satisfaction more than any of the service quality dimensions.

• Korean System Dynamics Review
• /
• v.7 no.2
• /
• pp.21-34
• /
• 2006

Korean Government has carried out various support policies for small and midium size enterprises(SMEs). However, effect of the policy might not be realized in short term or the policy has turned out in fail. We found out the time of support is also important. Thus we propose that government should figure out the proper time to support funds according to the companies status(Technology, Production, Marketing) based on System Thinking.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• autumn
• /
• pp.602-605
• /
• 2003

Interests in knowledge asset as a way of improving the values of companies and as a survival strategy have increased worldwide. In Korea, since the mid 1990s, many construction companies have realized the importance of knowledge and large companies have been forerunners in adopting KM. However, unlike large companies that readily adopt knowledge management, small & medium-sized general and special construction companies lack understanding of knowledge management and have hard time keeping updated with the current information and the state-of-art information technologies due to financial and organizational reasons. This research presents knowledge management strategies, which involves knowledge management adoption plans appropriate for small & medium-sized general and special construction companies as a way of increasing the value and competitive power of the companies.

• Journal of Arbitration Studies
• /
• v.26 no.1
• /
• pp.89-105
• /
• 2016

2008 began with the American financial crisis which gave way to the liquidity crisis (Fannie Mae and Freddie Mac) situation in which 'the withdrawal of investment initiated from the insufficiency of the U.S. subprime mortgage loan companies', 'the large size loss situation of the financial company (Bear Stearns) due to the American structured bond insufficiency' and the second half opening part national debt mortgage company. Within the American financial crisis was propagated the crisis of international derivatives. Due to this, the withdrawal of foreign investment progressed in the interior of a country with the considerable. By the end of 2007, the exchange rate fluctuation was absorbed in the domestic financial circle on the belief the potentiality of the domestic financial market had been growing drastically through the expansion of the foreign currency debt according to this and it came to the defence but while the exchange rate jumped up to the dollar shortage according to the international crisis, the small and medium companies making the banks and exchange rate-related derivatives contract were going bankrupt due to the derivatives loss. The small and medium factories establish the bank exchange rate-related derivatives has nose (KIKO), pivot (PIVOT), and snowball (Snowball) etc. at that time and the damage which it is the KIKO grasped at 6 end of the months in 2008 caused by reaches to 1 thousand billion 4 thousand hundred million dollars. Small and medium companies in which the dollar which it has to denounce among small and medium companies bearing the KIKO contract in fact with the Knock-In generation city bank exceeds the amount of sales were known to be 68 enterprises among 480 enterprises. This paper departs in this awareness of a problem and tries to look into the risk factor of the derivatives, including nose and study the essential ring risk management plan of small and medium manufacturer.

• Information Systems Review
• /
• v.14 no.3
• /
• pp.131-141
• /
• 2012

Depending on the sophistication of IT, it is increasing more and more information leaks and breaches. Accordingly the majority of companies have expand investment protection for the information. However, companies still have been exposed the vulnerability of information leakage. Especially, small IT service businesses than large corporations relatively have some limitations in the points of resources and manpower business activities. For studies on information security for small IT service companies so far, however, there have been insufficient studies considering small business scales and business characteristics of IT services. In this study, we made to design an information security management model for establishing security measures of small IT service companies which are classified SI/SM, DB, IR and IP industry that depending on how the value creation of the business. In detail, we performed an empirical analysis for small IT service business to consider business characteristics and we proposed security implementation strategies based on the analysis results.

• Journal of the Korean Society of Environmental Restoration Technology
• /
• v.13 no.6
• /
• pp.49-62
• /
• 2010

This study aims to examine a significant difference in performance of, and attitudes towards, environmental tourism among domestic tourism companies by their types and scale, and to propose a policy direction for a new certification program on environmental tourism. This study conducted a survey with 152 tourism accommodations and 150 travel agencies. As a result, this study found that tourism accommodations and a large scale of companies had participated in environmental management practices more often than travel agencies and a small scale of companies. Also, tourism accommodations were more likely to recognize well a relation between their business and environmental tourism, and were more likely to participate in a new certification program than travel agencies. A large scale of tourism accommodations showed more positive attitudes towards environmental tourism than a small scale of tourism accommodations. On the other hand, all of the travel agencies showed less positive attitudes towards environmental tourism regardless of their size. In conclusion, this study proposed that the government should adopt a different approach to a new certification program according to tourism companies' types and scale, also it should provide a variety of incentives and supports for tourism companies.