• Asian Journal of Innovation and Policy
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• v.8 no.2
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• pp.302-324
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• 2019

Family business is the oldest and the most prevalent type of entity in the world. In India, 85% of the enterprises are owned and/or managed by families, contributing to two-third of GDP. Thus the survival of family firms, which also generates 79% of private sector employment, is of paramount importance. Effective succession planning and innovation to gain competitive edge are the two key ways to ensure family firm survival. In this paper, the interplay between family succession and innovation is qualitatively studied using case study approach. Successors and Predecessors are interviewed to gain insights in the areas of succession planning and innovation. It is observed that family succession has a positive relationship with innovation, i.e. the presence of founding family members in the ownership and/or management of the enterprise has a positive influence on innovation tendency of the family firms. The findings contribute to the family business literature on succession planning and innovation, and their inter-relationship.

• Journal of Korean Society of Rural Planning
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• v.16 no.4
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• pp.45-51
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• 2010

The purpose of this study is on monitoring complementary forest of village according to restoration project. Accordingly, this study was accomplished in case of Dubang complementary forest of village in Wanju-gun which was indicated as beautiful village forest by Korean government. This study describes the restoration project and identifies the change of species diversity and succession through monitoring. For this, vegetational survey was performed in 2003 and 2010. D(Dominant degree) and S(Sociability degree) was measured by Brown-Blanquet's method. The results demonstrate significant increase of species diversity and progress of natural succession. It means ecological structure and function have improved. Also ecological disturbance appears here and there on account of insufficient management.

• Journal of Korean Society of Rural Planning
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• v.17 no.3
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• pp.15-25
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• 2011

This paper is to contribute for management and restoration as a basic study of vegetation structure in Aemirang Hill, Nakdongjeongmaek. To verify the characteristics of vegetation structure, we set up 25 plots($100m^2$). The result of community analysis was used by TWINSPAN classification. The communities were classified 7 types i.e. Quercus variabilis community, Quercus mongolica community, Pinus densiflora community, Pinus densiflora-Quercus mongolica community, Q. mongolica-Quercus variabilis community, Quercus mongolica-Betula davurica community, Larix leptolepis community. Pinus densiflora community and Pinus densiflora-Quercus mongolica community are progressively transforming a Quercus mongolica community that is called Pinus densiflora next succession stage. Whereas the communities that has dominant Quercus variabilis and Quercus mongolica did not appear a next generation succession tree such as Carpinus laxiflora, Carpinus cordata in the under story and shrub layer. Therefore, Aemirang Hill's ecological succession was to maintain the status condition. Aemirang Hill's diversity index is 0.5738 to 0.8906. It were analyzed that diversity index was lower than other places.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.3
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• pp.45-56
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• 2017

Considerable research has been done on the issue of succession in family businesses. However the process of induction, of preparing the members of the next generation for joining the family business has not been examined in detail. This paper attempts to analyse the relevance of three critical factors - 'quality of relations', 'willingness of the inductee' and 'the ability to manage tensions harmoniously' - to the induction process and the progress of the business. It focuses on the Indian context, specifically in the Small and medium Enterprise (SME) area. Qualitative research has been carried out. The Case Study method is used and data has been gathered from two families (including two branches of one family), using frequent unstructured interviews, over a period of five years. It is concluded that positive impact on business, family and the inductee depends to a large extent on the quality of relations, willingness of the inductee and the ability of both the inductor and inductee to handle and manage the tensions. Thus the findings of the study extend current understanding about succession drivers to the specific context of eastern cultural and developing economy represented by the Indian family businesses in the small and medium enterprise sector.

• Journal of Korean Society of Rural Planning
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• v.25 no.3
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• pp.129-139
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• 2019

The purpose of this study is to monitor the long-term vegetation change of the village complementary forest after restoration. Based on the monitoring in 2010, six years after the restoration project in 2004, the monitoring of the complementary forest in Dubang village in 2019 after 9 years was conducted. This study identifies the change of species diversity and structure, growth, vegetation coverage, structural quality etc. and succession through long-term monitoring. For this, field survey was conducted in 2003 and 2010, 2019. The results demonstrate significant increase of species diversity and multi-layer structure and progress of natural succession. Overall, Part I is considered to be a quasi-natural complementary village forest, which has a natural balance between natural vegetation that have remained in nature for a long time and anthropogenic vegetation, revealing the coexistence of nature and humanity. It means ecological structure and function have improved. Part II should be restored to the lost part and adaptive management rather than excessive management should be carried out to leave natural succession.

• Journal of Agricultural Extension & Community Development
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• v.25 no.2
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• pp.57-70
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• 2018

Farm succession is one of the most important events that substantially influence the viability of a farm business not only for a family farm operation, but also for a farm industry as a whole. This study aims to analyze the factors which affect the probability of existence of a successor, using the nationwide survey data. The probability of having a successor increases with the age of operator, the number of sons, the area under cultivation, organic farming, farm expansion plan, main crop and operator's attitude towards farm succession. Also this study investigates the succession plans of family farms having a successor and land disposal plans of family farms without a successor. 40% of farms having a successor have only vague succession plans and 34.7% of farms without a successor have a plan to apportion their land among their children. Based on these results, this study suggests the necessity of planning for farm succession and successors' agricultural training. In addition, measures for preventing from land fragmentation are needed for realization of effective usage of agricultural land.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.16 no.4
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• pp.115-124
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• 2013

This study was conducted to make a biotop planning and construct 3 types of biotop by each site conditions. Three sites of different types in ecological and scenery conservation area of the Dong-gang river were selected by expert brain-storming process and constructed terrestrial biotops and aquatic biotops. Targets of 3 sites were set up such as constructing a habitat for Kaloula borealis and an ecological education place, building a terrestrial biotopes and monitoring the natural vegetation succession, and constructing a habitat for Luciola unmunsana Doi. The study results can be applied hereafter to ecological restoration projects, after construction of habitat, the priority should be prepare measures of monitoring and maintenance, hereafter continuous study on ecological restoration should be performed actively through construction of biotope and wild animals and plants habitat.

• Journal of the Korean Institute of Rural Architecture
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• v.6 no.3
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• pp.75-86
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• 2004

This study is purposed to setting up collective building for the provincial culture. And this cultural complex will be constructed facilities for geochang-gun residence's need and traditional culture. It is carried out those as follows;(l) it is, first of all, examined architectural factors concerned about an opinion of residence's and demand of geochang-gun; (2) it is, secondly, established location of plot that it is analyzed an alternative proposal considering it's merits and faults;(3) it is, finally, suggested facilities of It's The result of study, A development planning of geochang-gun cultural complex is suggested that it is induced to 'cultural institute', 'traditional succession hall' and 'traditional art center'. It is, Ultimately, focused development of geochang-gun cultural inheritance considering harmony of the new and the old.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.3
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• pp.285-293
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• 2022

Issues relating to business inheritance are a primary focus for business owners. Business inheritance is critical to ensuring that the business can be managed by the next generation and family members can benefit from the earnings and revenues. Therefore, preliminary planning must be done while the business owner is still alive by selecting the appropriate business inheritance mechanism for Muslims in Malaysia. The mechanisms of business inheritance, notably faraid, hibah, amanah, and hibah amanah will be examined in this paper from both a civil and Islamic perspective. By reviewing written journals and previous research, this research utilizes the library method. According to this study, business succession can be carried out by naming a beneficiary as a partner in the company or by completing the ownership transfer process while the owner is still living. In the other situation, it can be done by anyone among the heirs agreeing to re-register the business as usual. Meanwhile, there are four main instruments in Islamic law that can be used: faraid, hibah, amanah, and commercial hibah. According to this study, each instrument has a different impact on business succession. Entrepreneurs should use these instruments in their firm succession planning.

• The Journal of the Korea Contents Association
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• v.21 no.2
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• pp.489-498
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• 2021

The previous researches on the succession plan have the limitation that it has focused on policies or systems at the government level to facilitate succession, or is limited to family companies. In this study, we would like to analyze the effect of the actual utilization of the succession system for small and medium-sized enterprises rather than the succession by direct families or the government's policies. We would also like to identify other situational factors that may affect this relationship to better understand the succession plan and its relationship with organizational performance. To this end, the analysis of 172 small and medium-sized enterprises in the Human Capital Enterprise Panel showed that the more practical the succession plan of small and medium-sized enterprises is used, the more positive the organizational performance is. These results suggest that small and medium-sized enterprisess succession plan can have a positive impact on organizational performance, such as implicit transfer and formation of positive impressions of companies. Furthermore, cooperative industrial relations strengthened the degree of utilization of succession plans and the positive relationship with organizational performance. Such results showed that the more cooperative the labor-management relations are, the more the successor can secure legitimacy in the process of succession planning based on trust between labor and management.