• Journal of Korea Trade
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• v.25 no.3
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• pp.153-168
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• 2021

Purpose - In this study, we aim to explore new distribution strategies for sustainable growth in the era of the 4th industrial revolution, focusing on SMEs (small and medium-sized enterprises) in Korea, and suggest ways to upgrade the government's official distribution channel to the next level. Design/methodology - First of all, this paper explored the prior research, the current status of sales support for SMEs, and the changes in the distribution industry due to COVID-19 pandemic. Based on Moon (2016)'s ABCD strategic model - Agility, Benchmarking, Convergence, and Dedication, the study then derived directions in which official distribution channels should move and the new distribution strategy for Korean SMEs to secure competitive advantage. Findings - First, in terms of 'Agility', in order to upgrade official distribution channels, which are currently at some competitive disadvantages compared to private distribution companies, we must quickly introduce technologies for the 4th industrial revolution, such as AI, Big Data, etc., and establish precise strategies to strengthen the capabilities of SMEs. Second, in terms of 'Benchmarking', the use of "Chamelezones" has been increasing to enhance the competitiveness of offline stores in line with recent ontact trends. Therefore, official distribution channels should also benchmark such cases, strengthening their competitiveness by utilizing offline spaces more efficiently and effectively. Third, in terms of 'Convergence', in line with the rapidly changing trend of the times, official distribution channels should also promote active partnerships with media commerce, e-commerce and ICT platforms, as well as cooperation with private retailers, and focus on creating synergy effects through them. Finally, from the perspective of 'Dedication', digitalization should be promoted step by step, finding the sector that can accelerate digital among the value chains of official distribution channels, and continuing to discuss how to digitize it realistically. Originality/value - Based on this analysis, we have presented strategies and implications for innovating official distribution channels for SMEs, which will contribute to enhancing the competitive advantage of official distribution channels in the post COVID-19 pandemic era.

• Journal of Wetlands Research
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• v.24 no.2
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• pp.102-114
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• 2022

Global climate change can be solved only through international cooperation. Climate change can be caused by natural and anthropogenic causes. An important policy responding on the climate change is to reduce the emission of climate change-affecting substances caused by anthropogenic causes. This research was conducted to suggest the direction of Korea's LULUCF(Land Use-Land Use Change and Forestry) policy by comparing Germany's LULUCF policy, which is considered as a good case for establishing the EU's greenhouse gas reduction response policy. Germany's LULUCF policy concerns with various sectors for synergy effects, while Korea's LULUCF policy is biased towards the forest sector. Although Korea's LULUCF policy focuses on forests, basic research is still insufficient and the linkage with existing environmental policies is low. Therefore, Korea's LULUCF policy needs more expansion into many different sectors such as agricultural, environmental, and other fields.

• Proceedings of the Korea Water Resources Association Conference
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• 2023.05a
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• pp.245-245
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• 2023

This paper examines the extent to which the Mekong River Basin countries have achieved socioeconomic benefits based on regional cooperation through the Greater Mekong Subregion (GMS) Program, focusing on hydropower development and the Mekong Power Grid. This study pays attention to the time period from 2012 to 2022. The benefit sharing approach is employed to evaluate the extent to which hydropower development and the Mekong Power Grid have contributed to the regional energy trade in the GMS program. The GMS program was launched by the Asian Development Bank (ADB) in 1992, and the Chinese provinces of Yunnan and Guangxi, Myanmar, Lao PDR, Thailand, Cambodia, and Vietnam have taken an active part in the program. The goals of the GMS program are to achieve poverty alleviation, economic development, and regional cooperation in various sectors, including energy, tourism, and transportation. The GMS Economic Cooperation Program Strategic Framework 2030 (GMS-2030), in 2021, provides a new framework for prosperous and sustainable development in the river basin. In the energy sector, the GMS program has been instrumental in facilitating hydropower development and creating the Mekong Power Grid with the Regional Grid Code (RGC), contributing to economic benefits and promoting regional trade of hydroelectricity. It is argued that the GMS program has enhanced regional cooperation between the riparian countries. Despite such achievements, the GMS program has faced challenges, including the gap of economic development between the riparian countries, socioeconomic and environmental concerns regarding hydropower development between the Upper and Lower Mekong countries, and geopolitical tensions from the US-China rivalry. These challenges should adequately be addressed within the program, which can guarantee the sustainability of the program for the river basin.

• Journal of Korean Society of Rural Planning
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• v.28 no.4
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• pp.127-138
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• 2022

In responding to climate change in the agricultural sector, Climate Smart Agriculture (CSA) is an approach to establish a sustainable agricultural system through comprehensive management of technology, policy, and investment. The international community is continually expanding CSA implementation, and it became more important to understand the status of the domestic agriculture system and practices that are relevant to CSA. This study explored the available CSA in domestic agricultural systems and presented the order of relative importance of CSA technology. AHP analysis is employed for the evaluation with the following criteria: productivity, marketability, adaptability, and mitigation. The relative importance is evaluated with six agricultural technologies (soil, crop management, water, energy efficiency, alternative energy, and precision agriculture) in 28 agricultural technology sectors. The results of the AHP analysis showed that 'alternative energy' was found to be a top priority among the agricultural technology sectors, and 'shallow depth drain in rice paddy' was a top priority for agricultural technology. Also, the 'marketability' in soil and water sectors, 'mitigation' in crop management, and 'adaptability' in energy efficiency and alternative energy were given higher priority. The results of this study can be used as a good source for strategic CSA preparation and application.

• Journal of Korea Trade
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• v.26 no.7
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• pp.59-76
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• 2022

Purpose - As ahigher-order ability, improvisational capability is often employed to help a firm cope with unexpected or unanticipated issues. In light of the severe global business challenges and turbulent environmental changes, this study aimed to explore whether home-based network ties could shape the influence of improvisational capability on international entrepreneurship, alongside investigating the boundary conditions of competitive turbulence in their moderating effects. Design/methodology - The sample for the international entrepreneurship sector was obtained from the Industry and Information Technology Department of Jiangsu. In September 2021, the questionnaires were sent to the targeted ventures and required the top managers to complete the survey by email or telephone. The final research sample comprised 113 international new ventures. To test the hypotheses, moderated hierarchical regression analysis was conducted. Findings - Our empirical results suggested that (1) unlike some previous literature, a positive effect of improvisational capability on the performance of international new ventures was not found; (2) home country-based networks (both political ties and business ties) are contingent factors that may partially stimulate the value creation of improvisational capability; and (3) in a highly competitive environment, the moderating role of business ties at home may become much stronger, however, the contingent role of political ties at home was not found. Originality/value - This study mainly concentrates on the two important types of home country-based networks, political and business ties at home, that may help international new ventures access strategic resources necessary for supporting the performance implications of improvisational capability. Thus, it extends the existing improvisational theory to encompass international entrepreneurship.

• Journal of the Korea Institute of Building Construction
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• v.23 no.6
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• pp.739-750
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• 2023

The quality certification for recycled aggregate is governed by the Construction Waste Recycling Promotion Act, overseen by the Ministry of Environment. The specific criteria for this certification are detailed in the Regulations on Quality Certification and Management of Recycled Aggregate, a mandate of the Ministry of Land, Infrastructure, and Transport. These regulations were initially enacted on April 10, 2006, and have undergone a total of 16 revisions to date, the most recent being on December 23, 2021. This paper delves into the revision history of these pivotal regulations pertaining to quality certification over the past 17 years, with a particular focus on the latest revision, which encompasses significant changes, including those in follow-up management. This analysis aims to aid stakeholders in the recycled aggregate sector, including 402 certified companies, in comprehensively understanding the government's strategic direction for quality certification and to encourage the recycling of construction waste by bolstering the quality certification process.

• Journal of Korea Society of Industrial Information Systems
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• v.29 no.1
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• pp.31-48
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• 2024

The domestic automotive industry must consider a strategic shift from traditional automotive component manufacturing to align with future trends such as connectivity, autonomous driving, sharing, and electrification. This research conducted topic modeling on R&D projects in the future automotive sector funded by the Ministry of Trade, Industry, and Energy from 2013 to 2021. We found that topics such as sensors, communication, driver assistance technology, and battery and power technology remained consistently prominent throughout the entire period. Conversely, topics like high-strength lightweight chassis were observed only in the first period, while topics like AI, big data, and hydrogen fuel cells gained increasing importance in the second and third periods. Furthermore, this research analyzed the areas of concentrated investment for each period based on topic-specific government investment amounts and investment growth rates.

• Smart Media Journal
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• v.13 no.2
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• pp.95-107
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• 2024

The development of environmentally friendly products and services has become a trend, and the development and utilization of eco-friendly textiles with economic value is gaining attention as a new business model. Analyzing and identifying trends and developments in eco-friendly textiles can provide important information and insights for various stakeholders such as companies, governments, and consumers to help them achieve sustainable growth. For this study, we collected and analyzed data from newspaper articles mainly covering the textile and fashion sector from 2000 to June 2023. A total of 12,331 articles containing the keyword 'eco-friendly textiles' were collected, and after performing morphological analysis on the extracted data, Latent Dirichlet Allocation and Dynamic Topic Modeling analysis were performed to identify topics by year. The results of the study are expected to provide strategic guidance and insights for the sustainable development of the textile industry, thereby helping to promote the research, development, and commercialization of eco-friendly textiles.

• Smart Media Journal
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• v.13 no.2
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• pp.108-121
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• 2024

In the IT industry, the complexity and volatility of corporate networks are gradually evolving, and concurrently, the significance of corporate networks is increasing. Previous research has employed network analysis to scrutinize inter-corporate trade relationships for strategic and policy making. However, previous studies focused on the overall network structure from a macroscopic perspective, presenting limitations in applicability at the individual IT corporation level. This study develops a novel research model incorporating sector and region-level network analysis based on connection strength, along with the derivation of a composite node centrality indicator. Using this methodology, we analyzed corporate networks across nine metropolitan areas using IT corporate transaction data. The results means that cities with a manufacturing base, such as Incheon, Busan, and Daegu, have recently established cooperative networks with IT companies. We also found that in the IT industry in Gwangju and Daejeon, certain companies dominate the transaction network.

• Journal of Technology Innovation
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• v.31 no.3
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• pp.201-230
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• 2023

The Innovation Procurement Policy was introduced as part of the strategic public procurement policy to improve firms' innovation capabilities and enhance the public sector's ability to solve social problems by designating and purchasing so-called 'innovative products.' The pilot procurement project for innovative products was first introduced in 2019, and the policy system for designating and discovering innovative products by government departments, as well as the priority purchase system, was established in 2020. Hence, this study conducted a quantitative analysis focusing on the effectiveness of the innovation procurement system in supporting firms after it was fully implemented. For this purpose, corporate financial and employment data from 2017 to 2021 were used, and propensity score matching(PSM) and difference-in-difference(DID) methods were utilized as analytical tools. The study found that the innovation procurement system contributed to corporate growth and employment and created additional public and private sales channels. Moreover, it is necessary to enhance the innovation procurement system, such as matching innovative product-producing companies with existing SME support policies, for companies to become self-sustaining after the innovative product designation ends.