• Title/Summary/Keyword: competitiveness strategies

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A Study on the Negotiation Strategies in the Free Trade Agreement between Korea and Japan (산업별 경쟁관계 분석을 통한 한국.일본 자유무역협정 상품무역 분야 협상전략에 관한 연구)

  • Park, Do-Joon
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.295-314
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    • 2008
  • I compared trade structure and competitiveness by sector using industrial classification in UN Comtrade data and SITC. Based on the comparison, I calculated market share, export competitions, RCA, and TSI. and then selected sensitive industries based on competitiveness, and identified the ZOPA and our BATNA. These calculations confirmed the industries damaged by FTA and those benefiting from the FTA between Korea and Japan, the study them developed strategies for VIA negotiation. It is to minimize damages to Korean economy and to maximize benefits from the agreement. The negotiation plan allowed an adjustment period for industries, for which damages are expected, by setting a long grace period before implementing tariffs. Based on the negotiation plan made through economic analysis, I intend. contribute to more efficient promotion of negotiation by extracting the optimal FFA negotiation plan for each manufacturing industry.

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A Patent Valuation Method Using Game Theoretic Real Option Approach (실물옵션 게임이론을 이용한 특허가치 평가 방법)

  • Kim, Jinyong;Kim, Jaehee;Kim, Sheung-Kown
    • Journal of the Korean Operations Research and Management Science Society
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    • v.40 no.2
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    • pp.43-61
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    • 2015
  • The valuation of patents is very important, since technology competitiveness is crucial for firms to maintain global competitiveness. But, the patent valuation is difficult and challenging because of the uncertainty affecting their returns. Hence, we propose a patent valuation method by incorporating game theory into the real option model, which can not only potentially recognizes the effect of uncertainty on patent value, but also consider investment decision in a competitive market, as a game between firms. With the model, we can consider dynamic strategy involving an option of patent leveraging strategies enabling the firm to switch among compete, cooperate, or wait modes under different demand or competitive advantage condition.

INDUSTRY COOPERATION AREAS BETWEEN SOUTH KOREA AND NORTH KOREA USING ANALYSIS OF S&T COMPETITIVENESS (과학기술 경쟁력분석을 통한 남북한 산업 협력분야에 관한 연구)

  • 김일용
    • Journal of Technology Innovation
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    • v.3 no.1
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    • pp.109-131
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    • 1995
  • This research explores a framework of selecting suitable industry cooperation ares between South Korea and North Korea using analysis of science and technology(S&T) competitiveness. First, a generic framework to set up S&T cooperation with North Korea, which involves both a continuity as an evolving process and a peculiarity of S&T, is presented. Second, a selection procedure of specific S&T areas for South and North cooperation is suggested. It is also demonstrated how to select suitable S&T cooperation areas under two types of scenarios. Finally, promotion strategies for each scenario are described.

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Sustainable Regeneration Strategies of High-Rise Apartment Estates of the Early 1990s' New Towns in the Capital Area (수도권 1기 신도시 고층고밀아파트 단지의 지속가능한 주거지 재생을 위한 과제)

  • Kwon, Seong Sil;Oh, Deog Seong
    • KIEAE Journal
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    • v.9 no.3
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    • pp.47-59
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    • 2009
  • In Korea has been supplied a large quantities of apartments since 1970s. The deteriorated middle-rise apartments of 1970s' have been rebuilt. It isn't lucrative to reconstruct the high-rise Apartment estates of the early 1990s' new towns in the capital area. Therefore the sustainable regeneration strategies of them have to be found. This research have been focused on the social and economical changes based on demography and the turning of technology and paradigm, the cities competitiveness compared with 2nd era new towns, physical deterioration of themselves. In these aspects, high-rise apartment estates in the 1st new towns face to 10 challenges such as an aging society, a multicultural society, U-city, an environmentally-friendly situation, the cities competitiveness of social, conomical and physical environment, the declining of estates, buildings and units. This study analyzed problems of 1st new town apartment estates and suggested regeneration tasks in accordence with those problems. The tasks are as follows. To accommodate the 1st new town apartment estates to social changes, they need to have a variety of community facilities and units, an opportunity of esidents participation. to establish a self-sufficient economy, a community usiness has to be vitalized and an ecological environment, an infrastructure of u-city and an improvement of physical environment obtained.

Strategies for Container Terminal Development and Operation for the Hub port in Northeast Asia (동북아 중심항만 구축을 위한 컨테이너 터미널의 개발 및 운영전략)

  • Lee, C.Y.;Yang, W.
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 1998.10a
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    • pp.271-285
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    • 1998
  • This paper aims to suggest the strategies for Korea port, especially Busan to develope into a viable transhipment center and/or Hub port as the articulation points between mainline and feeder nets. To tackle this goal, the authors clarify the requirements for Korea port which will be critical in determining its position as Hub through the careful analysis on competitiveness, environmental impact, port policy and capacity, transhipment traffic and inherent ablity to generate traffic. The results are summerized as follows. (1) Coping with increasing container volumes, new investment is sustainedly necessary to increase the capacity and inherent ability of container port and create economies of scale. Moreover, increasing port capacity will increase the potential for the Korea port's inclusion into mainline rather than feeder networks. (2) Considering an increasing awareness of need for customer-oriented option s and service quality rather than simply a reliance on infrastructure-led efficiency, privatization of one sort or another and corporation of port have been key strategies in achieving greater efficiency in Korea containerport.

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Strategies for Container Terminal Development and Operation for the Hub Port in Northeast Asia (동북아 중심항만 구축을 위한 컨테이너 터미널의 개발 및 운영전략)

  • 이철영;최재수;박진수;채양범;신창훈
    • Journal of Korean Port Research
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    • v.12 no.2
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    • pp.161-176
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    • 1998
  • This paper aims to suggest the strategies for Korea port, especially Busan to develope into a viable transhipment center and/or Hub port as the articulation points between mainline and feeder nets. To tackle this goal, the authors clarify the requirements for Korea port which will be critical in determining its position as Hub trough the careful analysis on competitiveness, environmental impact, port policy and capacity, transhipment traffic and inherent ability to generate traffic. The results are summerized as follows. (1) Coping with increasing container volumes, new investment is sustainedly necessary to increase the capacity and inherent ability of container port and create economies of scale. Moreover, increasing port capacity will increase the potential for the Korea port's inclusion into mainline rather than feeder networks. (2) Considering an increasing awareness of need for customer-oriented operations and service quality rather than simply a reliance on infrastructure-led efficiency, privatization of one sort or another and corporation of port have been key strategies in achieving greater efficiency in Korea containerport.

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Evaluation Factor and Enhancement of Gwangyang International Port's Competitiveness (광양항의 경쟁력 평가요인과 강화전략)

  • Jeong, Bonghyun
    • Journal of Korea Port Economic Association
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    • v.30 no.1
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    • pp.119-142
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    • 2014
  • This study aims to evaluate the factors which affect the competitiveness of Gwangyang port, and to suggest strategies for the enhancement of its competitiveness by priority. This study inquires both 5 key rating factors: port location, port operations management, port costs, port facilities, and hinterland conditions and the priority of 14 detailed assessments through AHP method. First, the importances of main evaluation items for port competitiveness are analysed in the following orders: port location, port facilities, port costs, port operations, hinterland conditions. Second, the comprehensive importances based on the detailed evaluation properties complex weighting are identified in the following orders: connectivity with hinterland, accessibility of international harbor, incentives, the area of terminal, expertise and skills of port operations personnel, container throughput, and scale berths. Third, the strategies referring to the port location like centrality, transit, and merit on use should be actively conducted for the promotions of Gwangyang port's competitiveness, according to its international port competitiveness analysis. This study will provide both academic and policy implications with its related scholars, government, and research institutions. In addition, this will be contributed to formulating a basic theory for port competitiveness evaluation and providing a basic framework of evaluation analysis.

Strategies going into other countries throughout analysis of factors which weakens oornpetitiyeness in domestic construction engineering companies (국내 건설엔지니어링 업체의 대외경쟁럭 저하원인 분석을 통한 해외진출 활성화 방안)

  • Park Hwan-Pyo;Park Sang-Hoon;Cho moon-Young
    • Korean Journal of Construction Engineering and Management
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    • v.5 no.6 s.22
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    • pp.101-109
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    • 2004
  • The construction engineering field is less than $3\~5\%$ of the gross construction cost but engineering's role is very important because the performance of final facility is decided in the engineering stage. Nevertheless, before now government and private compares are more concentrated on construction works than making strategy to strengthen the competitiveness and technical development of investment in construction engineering sectors. Therefore this research have compared and analyzed the competitiveness of domestic construction engineering companies throughout analytic method 'SWOT' to those developing countries, which are potential big market objects, such as Russia Libya and Indonesia Such research was obtained through business trip & consultation with related specialists for the difficulties of domestic companies in advancing into overseas market. Moreover this research have analyzed the technical improvement of construction engineering companies and reason for competitiveness weaken by various aspects, it provides governmental and private plans to advance into overseas market Especially, to strengthen domestic companies into advancing overseas market it has suggested that tax & subsidy privileges, supporting plans for obtaining information of overseas and strategies cooperation with other organizations.

Global Firms, Global Regions and Incentive Packages for Foreign Investors: Korean Foreign Direct Investment in EU Objective 1.2 Regions (글로벌기업, 글로벌지역, 그리고 투자유인의 인센티브 팩키지: 한국기업의 유럽연차 Objective 1${\cdot}$2지역 해외직접투자를 중심으로)

  • 정성훈
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.2
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    • pp.209-228
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    • 2002
  • The purpose of this paper is to evaluate strategies for the attraction of Korean finns into EU Objective 1 (less prosperous region).2(regions facing structural difficulties or conversion) on the basis of Korean foreign direct investment in the European Union(EU) in the past 10 years (the late 1980s-late 1990s). Of such strategies the most important was incentive packages for Korean finns by those regions. Nonetheless, these packages did not contribute to the development of the finns and regions because of limits to the finns' competitiveness(cost competitiveness) and the regions' competitiveness(low productivity and skills). Consequently, these strategies of EU Objective 1.2 regions did not provide an opportunity for pathways to successful development because the incentive packages provided to the finns and regions without the consideration of their internal and external circumstances.

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An Empirical Study on the Spin-Off into Internet Business - Emphasis on Factors, Expected Benefits, Strategies - (인터넷 비즈니스 사업으로의 효과적인 스핀오프에 관한 실증연구 - 유발요인, 기대효익, 전략을 중심으로 -)

  • Lee, Kun-Chang;Chung, Nam-Ho;Ahn, Kwang-Mi
    • Asia pacific journal of information systems
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    • v.12 no.3
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    • pp.213-233
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    • 2002
  • Recently, a lot of companies intend to make spin-offs as the Internet usage is proliferating in the business area. A spin-off means a small but autonomous company which is thought to show higher profitability rather than it stays under the influence of a mother enterprise. To prove our hypotheses, we collected questionnaire data from 104 companies considering spin-offs. From experiments with Factor Analysis, we found that there exist four factors which decision-makers should consider before deciding spin-offs such as competence of unit, competence of mother company, competence of spin-off company, and support of mother company. After massive experiments with Regression Analysis we also found that there are significant three performance factors such as competence of unit, competence of spin-off company, and support of mother company. The survey also asked about three potential strategies that they may have been following for achieving business objectives: Cost leadership, Focus, and Differentiation, Six benefits factors emerged from this study: External competitiveness, Internal competency, Productivity, Change, Cost saving, and Improvement. External competitiveness was the most important benefit, and it predicted a Differentiation and Focus strategy. Productivity and Improvement also predicted a Differentiation strategy. External competitiveness, Change, and Cost saving predicted a Cost leadership strategy. However, organizations followed Differentiation and Focus strategies significantly more than Cost leadership. The assessment thus sheds light on the link between information strategy and spin off. We hope that based on our results, many companies considering a spin-off can make a right decision and expect higher performance in a turbulent business environment.