• Title/Summary/Keyword: The Direct Transaction

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The Impact of Outsourcing Strategy on a Firm's Innovation and Internationalization

  • SAMSON, Kouame Kouakou;LEE, Youngwoo
    • East Asian Journal of Business Economics (EAJBE)
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    • v.7 no.4
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    • pp.1-13
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    • 2019
  • Purpose - Based on transaction cost perspective and institution-based perspective, this research attempts to investigate the effect of outsourcing on a firm's performance and how it interacts with institutional context in which the firms operate. Research design, data, and methodology -With a sample of 164 manufacturing firms form South Korea, we examine the direct effects of outsourcing on the a firm's level of product innovation and internationalization and the moderating effects of competitive pressure and property right protection as important external factors that could affect the effectiveness of outsourcing decision. Result - The findings show that outsourcing not only enhance a firm's capability to concentrate on its core competencies, but also to increase a firm's combinative capacity to acquire external knowledge. Furthermore, we finds that in a highly competitive environment, potential knowledge spillovers to other competitors may attenuate the potential benefits of outsourcing. Conclusion - Outsourcing can enhance a firm's innovation activities by providing valuable access to external knowledge and also to complementary resources from the external partners, which in turn enables firms to focus on core competences.

A Study on the Operational Problems of e-Trade Document Repositary (전자무역문서보관소(電子貿易文書保管所) 운영상(運營上)의 문제점(問題點)에 관한 연구(硏究))

  • Ahn, Byung-Soo;Lim, Sung-Chul
    • International Commerce and Information Review
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    • v.8 no.1
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    • pp.125-141
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    • 2006
  • It is no unnecessary to tell the importance of foreign trade in Korea economics. Nevertheless, government's direct support is impossible owing to WTO's regulation. Accordingly, government have brought focus into trade facilitation as paperless trade. e-Trade document repositary building by government's budget and private sector's cooperation is a part of e-Trade platform and necessary function in connection with relay and certification of e-Trade document. This study examined the estimated operational problems of e-Trade document repositary as compared Licensed Electronic Document Repositary. Firstly, the operator of e-Trade document repositary undertake multiple role and function as Licensed Certification Authorities(e-sign Act), Licensed Electronic Document Repositary(Framework Act on Electronic Transaction) etc. Secondly, sufficient levy that meet operating cost of the e-trade document is the key point of e-Trade document repositary's success, because additional budget invest in that operation is too hard to do. Thirdly, the operator of the e-Trade document repositary have to keep fairness, objectivity and transparency because the operational right is exclusive.

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Blockchain-based e-Agro Intelligent System

  • Srinivas, V. Sesha;Pompapathi, M.;Rao, G. Srinivasa;Chaitanya, Smt. M.
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.347-351
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    • 2022
  • Farmers E-Market is a website that allows agricultural workers to direct market their products to buyers without the use of a middleman. That theory is blockchain system will be used by authors to accomplish this. The system, which is built on a public blockchain system, supports sustainability, shippers, and consumers. Farmers can keep track of their farming activities. Customers can review the product's history and track its journey through carriers to delivery after making a purchase. Farmers are encouraged to get information about their interests promptly in a blockchain-enabled system like this. This functionality is being used by small-scale farmers to form groups based on their location to attract large-scale customers, renegotiate farming techniques or volumes, and enter into contracts with buyers. The analysis shows the use of blockchain technology with a farmer's portal that keeps the video of trading data of crops, taking into account the qualities of blockchain such as values and create or transaction data. The proposal merges python as a programming language with a blockchain system to benefit farmers, vendors, and individuals by preserving transactions.

A Study on an Utilization Method of Marine Information - on the basic of the Area, Tong-Yeong - (수산정보 활용방안에 관한 연구 - 통영지역을 중심으로-)

  • 박연식;이상욱;김영수;정근회;임재홍
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.1 no.1
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    • pp.3-12
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    • 1997
  • In this study, in Tongyeong area the distribution of marine products that were produced and treated through fishing and cultivating industry and the trend of main fisheries were investigated for fisheries distribution system and fisheries official circles, and then a structural model of fisheries distribution system for direct transaction was suggested under internet environment, which is an important scheme offering a necessary information rapidly and practically to both producers and consumers. Database system was structured according to distributed process. An op-elative scheme were suggested for sewers of local area information center, complementing functions to exceed each server's ability.

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Neural Network PI Parameters Self-tuning Simulator for BLDC Motor operation (BLDC 모터 구동을 위한 신경회로망 PI파라미터 자기 동조 시뮬레이터)

  • Bae, E.K.;Kwon, J.D.;Kim, T.W.;Kim, D.K.;Chun, J.Y.;Lee, S.H.;Lee, H.G.;Kim, Y.J.;Han, K.H.
    • Proceedings of the KIEE Conference
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    • 2006.07b
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    • pp.759-760
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    • 2006
  • In this paper proposed to Neural network PI self-tuning direct controller using Error back propagation algorithm. Proposed controller applies to speed controller and current controller. Also, this built up the interface environment to drive it simply and exactly in any kind of reference, environment fluent and parameter transaction of BLDC motor. Neural network PI self-tuning simulator using Visual C++ and Matlab Simulation is organized to construct this environment. Built-u-p interface has it's own purpose that even the user who don't have the accurate knowledge of neural network can embody operation characteristic rapidly and easily.

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A New Method for Efficiently Generating of Frequent Items by IRG in Data Mining (데이터 마이닝에서 IRG에 의한 효율적인 빈발항목 생성방법)

  • 허용도;이광형
    • Journal of Korea Multimedia Society
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    • v.5 no.1
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    • pp.120-127
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    • 2002
  • The common problems found in the data mining methods current in use have following problems. First: It is ineffective in searching for frequent items due to changing of minimal support values. Second: It is not adaptable to occurring of unuseful relation rules. Third: It is very difficult to re-use preceding results while adding new transactions. In this paper, we introduce a new method named as SPM-IRG(Selective Patters Mining using item Relation Graph), that is designed to solve above listed problems. SPM-IRG method creates a frequent items using minimal support values obtained by investigating direct or indirect relation of all items in transaction. Moreover, the new method can minimize inefficiency of existing method by constructing frequent items using only the items that we are interested.

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A Study on Information Asymmetry and the Country of Origin Labeling in Live Small Fish Trade for Aquaculture and Naturalization (이식용수산물 교역의 정보비대칭과 원산지표시제도 영향에 관한 연구)

  • Park Seong-Kwae;Han Kyung-Sook
    • The Journal of Fisheries Business Administration
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    • v.37 no.1 s.70
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    • pp.45-71
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    • 2006
  • The main objective of this study is to analyze problems of the Country of Origin Labeling(COOL) in small live fish(SLF) trade by applying the asymmetric information theory which is called ${\ulcorner}$Lemon Market Theory${\lrcorner}$. The purpose of importing SLF is to enhance fishing household income and import substitution effect as well. SLF importation is quite different in its nature from importing general fish and fish products for final/direct consumption. SLF are imported for the purpose of domestic aquaculture and naturalization where domestic production/supply of SLF is less than domestic demand for or such species are not native to Korean waters. Information asymmetric problems arise even in SLF trade as the same way in general goods and services. However, the information asymmetry issues in SLF trade are much more complex than non-living goods because SLF are traded in the live state. To alleviate such problems the Korean government initiated the general COOL scheme to imported SLF. However, many experts argues that such policy on SLF would not be appropriate because of SLF's very nature. Applying the lemon market theory, we can analyze how information discovery schemes are able to signal correct information to SLF trading parties and to result in more symmetric information in SLF trade markets. This research carried out a case study about small live eel(SLF) trade and its farming. The results showed that applying the COOL to small live eels just right upon coming into fish farms tends to increase substantially fish farmer's income and at the same time to lower unnecessary transaction costs. In particular, such transaction costs by imposing simply the general COOL on SLF may easily outweigh its benefits. For instance, to resolve the problems, the Korean ministry of agriculture and forestry(KMAF) has developed a quite different COOL rules from the general ones and has applied them to imported live cattle and medium/small livestocks. The KMAF's differentiated COOL policy on some imported livestocks may be a good case which can be applied to imported SLF. In addition to the differentiated COOL on SLF, Sanitary and Phytosanitary (SPS) and traceability system would play crucial complementary roles in alleviating information asymmetry problems in SLF trade. Advanced fisheries tend to strengthen their SPS system rather than to adopt the general comprehensive COOL schemes into imported SLF trades and domestic market exchanges.

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An Analysis of $CO_2$ Emission Structure in Korean Industry Using Hybrid IO Table (하이브리드 산업연관표를 이용한 우리나라 $CO_2$ 배출 구조 분석)

  • Park, Chang-Gui
    • Journal of Environmental Policy
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    • v.8 no.1
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    • pp.49-72
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    • 2009
  • To analyze the direct and indirect $CO_2$ emission structure according to industries in Korea, a hybrid IO table quantifying the section of energy in the IO table is needed. However, the results of the recent researches revealed differences in the total amount of $CO_2$ emission by researchers in addition to significant standard deviation in industrial distribution. This study intends to make comparative analysis of the existing method of making an IO table for energy and environment and presents an improvement scheme to contribute to an improvement in calculation of the total amount of $CO_2$ emission and estimation of the emission by industries in Korea. For this purpose, division was made into use as raw materials of energy and that as fuel and a new hybrid IO table was made by removing confounding factors caused by the product tax and subsidies. As a result, the oil and coal industry emitted 5.2 times less $CO_2$ after removing energy inputted as raw materials from the transaction table than before. The amount of $CO_2$ emission estimated by using the IO table based on basic price was found to be 2.7% less than by using the IO table based on the producer price.

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An Exploratory Study on Customers' Individual Factors on Waiting Experience (고객의 개인적 요소가 대기시간 경험에 미치는 영향에 대한 탐색적 연구)

  • Kim, Juyoung;Yoo, Bomi
    • Asia Marketing Journal
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    • v.12 no.1
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    • pp.1-30
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    • 2010
  • Customers often experience waiting for buying service. Managing customers' waiting time is important for service providers since customers who are dissatisfied with waiting, secede from a service place at last. Not a few studies have been done to solve waiting time problem and improve customers' waiting experience. Hui & Tse(1996) identify evaluation factors in customers' behavioral mechanism as customers wait. That is, customers experience perceived waiting time, waiting acceptability and emotional response to the wait when they wait. Since customers evaluate the wait using these factors, service provider should manage these factors in order to minimize customers' dissatisfaction. Therefore, this study explores that evaluation factors of waiting are influenced by customers' situational and experiential characteristics, which include customer loyalty, transaction importance for customer and waiting expectation level. Those situational and experiential characteristics are usually given to service providers so they can't control these at waiting point. The major findings derived from two exploratory studies can be summarized as follows. First, according to the result from the study 1 (restaurant setting), customers' transaction importance has the greatest positive influence on waiting experience. The results show restaurant service provider could prevent customers' separation effectively through strategies which raise customers' transaction importance, like giving special coupons for important events. Second, in study 2 (amusement part setting) customer loyalty has large positive impact on waiting experience as well as transaction importance. This results show that service provider could minimize customers' dissatisfaction using strategies which raise customer loyalty continuously. This results show customer perceives waiting experience differently according to characteristics of service place and service itself. Therefore, service provider should grasp the unique customers' situational and experiential characters for each service and service place. It could provide an effective strategy for waiting time management. Third, the study finds transaction importance and waiting expectation level have direct influence customers' waiting experience as independent variables, while existing studies treated them as moderators. Customer loyalty which has not been incorporated in previous waiting time research is known to affect waiting experience. It suggests that marketing strategy which builds up customer loyalty for long period of time is also quite effective, compared to short term tactics to help customers endure waiting time. Fourth, this study reveals the importance of actual waiting time along with perceived waiting time. So far most studies only focus on customers' perceived waiting time. Especially, this study incorporates the concept of patient limit on waiting time to investigate effect of actual waiting time. The results show that there were various responses to the wait depending on how actual waiting time exceeds individual's patent limit on waiting time or not, even though customers wait about the same period of time. Finally, using structural equation model, conceptual path between behavioral responses is verified. As customer perceives waiting time, then she decides whether she can endure it or not, and then her emotional response occurs. This result are somewhat different from Hui & Tse(1996)'s study. The study also includes theoretical contributions as well as practical implications.

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Mediating Effect of Information Sources and Platform Characteristics in E-commerce: A Comparison between Korea and China

  • Da-Sol Lee;Je-Man Boo
    • Journal of Korea Trade
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    • v.26 no.7
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    • pp.185-202
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    • 2022
  • Purpose - As overseas direct purchase transactions using e-commerce increase, the scale and scope of international trade are diversified, and the transaction volume using online platforms in e-commerce is increasing. The e-commerce market share will become more important because it is not only a medium connecting B2C, but also because it will expand the scope of trade. This study aims to reveal the factors that influence purchase intention according to Korean-Chinese consumers in e-commerce. In addition, the study has comprehensively confirmed the influence between each factor in the e-commerce environment by integrating and analyzing the characteristic factors of online information sources and platforms in one structural equation. Finally, the study confirmed that there is a significant difference in the influence relationship between Korean and Chinese consumers. Through this, the study will contribute to content production in the e-commerce market according to the target market and the expansion of the mutual entry of Korea and China. Design/methodology - This study aims to confirm the mediating effect of the details of the online information source characteristics and platform characteristics when the perceived quality affects purchase intention. It is confirmed that the factors affecting Korean and Chinese consumers differ. Findings - It was confirmed that differences exist according to the group of Korean or Chinese consumers for the entire research model. In the case of Korean consumers, the mediating factors when perceived quality affects purchase intention are expertise, reliability, entertainment, informativity, and convenience; in the case of Chinese consumers, the factors are expertise and informativity. Originality/value - This study proved that Korean and Chinese consumers cannot be regarded as having the same characteristics, and therefore, strategies aimed at each e-commerce market should be differentiated. In addition, although previous studies on online information sources and platform characteristics were not integrated, this study confirmed a significant influence relationship among the factors that could affect purchase intention in the actual e-commerce environment.