• Journal of Ocean Engineering and Technology
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• v.34 no.6
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• pp.469-474
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• 2020

This study aims to improve the price competitiveness of a steering system with a relatively high cost portion among sail yacht components. Hence, the components of the steering system were analyzed, and steering system modularization was proposed. The fabrication processes before and after the application of modularization was presented. For modularization, primary components such as the pedestals and quadrants of the steering system were developed, and the structural safety of the components was reviewed. It was confirmed that the manufacturing cost of the developed steering system decreased by approximately 33% compared with the existing system. The new steering system presented herein is expected to contribute to the localization of components and price competitiveness of sail yachts.

• Knowledge Management Research
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• v.6 no.1
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• pp.19-32
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• 2005

The reliability of technology valuation depends on, among other things, the reliability of the discount rate estimate. The weighted average cost of capital, generally accepted as discount rate, consists of cost of equity and cost of debt. The model used to estimate the cost of equity for publicly traded firms can not be used directly for small-sized venture firms. In addition, the estimation of cost of debt become very difficult, given the limited and volatile price history, because these small-sized venture firms do not have associated credit ratings. Since two kinds of cost of capital for the small-sized venture firms can not be estimated directly from market data, this study suggests statistical frame works for estimating unknown two kinds of cost of capital. The estimates of underlying cost of capital will help determine the size of appropriate discount rate with logical and scientific way when the technology valuation for small-sized venture firms is made. This study also suggests the necessity of the risk premium for the technology competitiveness to improve the estimation of the appropriate discount rate for small-sized venture firms.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.63
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• pp.261-282
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• 2014

A Silk Road was connecting East and West with trade route. The role From the ancient, Silk Road is situated in the Central Asia such as Kazakhstan, thus logistics sector was important more than others. This theme is the study of the Export Competitiveness of Korea-Kazakhstan trade. This paper analyses between Korea and Kazakhstan's trade used by TSI(trade specification index), IITI(intra-industry trade index) and CTBI(contribution to trade balance index). The World Bank is already addressing Kazakhstan's logistics inefficiencies is the lowest tier. Thus, Kazakhstan governments should encourage efficiency in Logistic parts. And more Korea is supporting to decrease Logistic cost.

• Journal of Construction Engineering and Project Management
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• v.3 no.2
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• pp.13-20
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• 2013

Construction industry has become a larger and highly competitive industry. A successful construction project cannot be achieved only by efficient and fast construction techniques but also reasonable material cost and adequate transferring time of materials to installation. The steel industry in East Asia has become the mainstream in overall steel industries in over the world during the middle of the 21st century. China, Japan and Korea has been the main exportation countries. However, even though the international economic failure, China has increased the exportation amount and became an only exporting country which must be considered a serious problem regarding competitiveness in the international steel exportation industry. Thus, this study analyses the factors affecting the supply and demand amount of reinforced bars in the domestic field and moreover suggesting a unit cost prediction model using the System Dynamics simulation methodology, one of powerful prediction tools using cause-effect relationships. It is expected that this study contributes to the domestic steel industry growth in competitiveness in the international industry. In addition, the methodology used in this paper presents the frameworks for appropriate tools for market trend analysis and prediction of other markets.

• Journal of Navigation and Port Research
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• v.31 no.9
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• pp.801-806
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• 2007

The analytical hierarchy process (AHP) enables decision makers to represent the interaction of multiple factors in complex and unstructured situations. The process requires the decision maker to develop a hierarchical structure of the factors in the given problem and to provide judgments about the relative importance of each of these factors and ultimately to specify a preference for each decision alternative with respect to each factor. The research presented in this paper applies the AHP to identify key players in promoting port competitiveness. The literature survey revealed four major criteria and 15 sub-criteria. The four factors are cost, service quality, facility/capacity and economic-social variable. 150 questionnaires suitable for AHP analysis were made and 77 were returned. It is found that in terms of cost, the first key player is terminal operator and the second key player is shipping companies calling Busan port; in terms of service quality, the first key player is terminal operator, and the second key player is shipping companies calling Busan port; in terms of facility/capacity, the first key player is port authority and the second key player is terminal operator; in terms of economic-social variable, the first key player is terminal operator, and the second key player is shipping companies calling Busan port.

• International Journal of Quality Innovation
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• v.7 no.3
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• pp.24-45
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• 2006

In recent years, the labor consciousness is gradually valued. During the process of pursuing sustainable operation, the enterprises treat occupational hazard risk as the waste of cost. The purpose of OHSAS 18000 occupational security and health management system is to systematically establish the business managerial measures in terms of occupational security and calamity prevention. This research proceeded with questionnaire analysis with respect to the relationship between the OHSAS 18000 system implementation and competitiveness in Taiwan's industries. The research result revealed that there was significant relationship between Taiwan firms' execution of OHSAS 18000 system and industry competitiveness. Thus, the enterprises can decide the proper managerial plans according to the result of their own risk evaluation to prevent the happening of accidents and reduce the operational cost. They can thus completely control business occupational hazard risk through "systematic" management.

• Journal of Navigation and Port Research
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• v.45 no.2
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• pp.75-86
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• 2021

This paper intends to evaluate the policies which are considered necessary to enhance the T/S competitiveness of Busan's port, and thereby present suggestions to the government which would best implement the results of this research. This research first raises the claim that the majority of the following four conditions: location of the port, port productivity/service level, status of network with overseas ports, and cost competitiveness, should be satisfied in order to maintain a competitive T/S port. Based on these four conditions, seven policies, which are individually pertinent to the four conditions, have been drawn up for proposal, and they are also analyzed in the survey, where all the eligible samples participate to ensure if they are effective in enhancing the T/S competitiveness of Busan. Proposed important policies are a) Terminal operator integration, b) port infrastructure expansion, c) global carriers owned terminal operation, d) enhancement of national carrier's competitiveness, e) feeder carriers' owned terminal operation in new port, f) institutional support for effective and convenient environments for handling T/S cargo, and g) volume incentive expansion. From the analysis by which all the relevant parties (Carriers, Terminal Operators, Port Authority) are answered, it was found that all the seven policies have relevance in strengthening the transshipment competitiveness of Busan's port. Whereas in the analysis that uses AHP methodology to compare the significance among the different policies, it was found that terminal operator integration has the highest priority in terms of increasing transshipment competitiveness.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.20 no.43
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• pp.393-408
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• 1997

In the early 1990s, as Korean automobile industry has made rapid progress due to favorable trend in domestic demand and steady increase of export it is very important to analyze the extents of competitiveness and the trends of change in the field of production. In this dissertation, the current situation of our competitiveness and its changes in the field of production are synthetically reviewed through examining productivity and quality, that is output, as well as other overall factors related in the process of production. And this analysis reassures that first of all, our prior tasks lie in the quality and volume of production, and we should develope competitiveness through multilateral innovation of management Now in order to meet these prior tasks, we must secure our own technology design and ability for innovaton ; enlarge overseas local production technical tie-up with leading companies and develop M&A for globalization ; improve price competitiveness, construct cooperation of labor and capital, and improve the structure of finance for innovation of management saving the cost ; establish the new method of production for the preparation of increasing overseas investment in near future.

• Journal of Navigation and Port Research
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• v.34 no.10
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• pp.799-805
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• 2010

Since 2000's, Korea has became the world-leading shipbuilding country with the competitive technologies in design and production. And with the China's economic growth, the three economies (Korea, Japan and China) handle 30 percent of the world`s freight cargoes. Shipping industry of Korea has been also grown up to the top 10 of the world with the newly constructed large ports. In spite of the growing demand for ship repair in Korea, its competitiveness analysis has been insufficient. This paper present the competitiveness analysis of ship repair industry of Korea with the consideration of condition of location, repair cost and technological competitiveness.

• Journal of Navigation and Port Research
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• v.27 no.1
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• pp.9-18
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• 2003

This is a study for international competitiveness analysis if korea ship management service using the collected data from the fields in industry. making a comparison if ship management company between domestic ones in Korea and mutinational ones in international market is more suitable for it's purpose. but competitiveness level of korean ship management companies are too low to compare. Therefore in this study, ship management devision in Korea overseas shipping companies are selected as a target of camparision and the representative of Korea ship management industry. The analysis of competitiveness is divided by price competition and non-price competition. The former is consist of element likes as crew management cost, dry-docking cost, repair cos, stores & spares cost, lubricants cost and management free cost, The later os consist of element like as quality of sea & shore personnel, efficiency of company's organization, ability of management system. qualifications & certifications, know -hoe for the ship management, structure of control & support ship and office automation & IT system. According to this analysis the ship management division in korean shipping companied are superior to the foreign specialized ship management companies generally. So, it is necessary that korea ship management industry attempt level-up continously and expand into international ship management market positively.