• Title/Summary/Keyword: economic management

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Efficiency of Innovative Development Management: Interstate Assessment of the Economic Competitiveness in the Context of European Integration and Economic Security

  • Khodakivska, Olga;Ramos, Olena Ribeiro;Nechyporenko, Oleksandr;Tsiutsiupa, Svitlana;Krasnoshtan, Olexander;Mayovets, Yaryna
    • International Journal of Computer Science & Network Security
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    • v.21 no.11
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    • pp.67-72
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    • 2021
  • The article identifies areas for effective management of innovative development. The competitiveness of the economy in the context of European integration and economic security is assessed. The level of innovative economy of some countries of the world is analyzed. The issue of attracting foreign investors to stimulate innovative production in Ukraine is raised. It is identified the need for the formation of an updated state policy capable of providing innovative development and improving the competitive position of the state in international rankings. Emphasis is placed on the need to form a critical mass of managers-civil servants capable of developing, implementing and monitoring the policy of innovative development of entrepreneurship.

The Effects of Foreign Direct Investment and Economic Absorptive Capabilities on the Economic Growth of the Lao People's Democratic Republic

  • NANTHARATH, Phouthakannha;KANG, Eungoo
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.3
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    • pp.151-162
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    • 2019
  • The paper examines the effects of Foreign Direct Investment (FDI) on the economic growth of Lao People's Democratic Republic (Lao PDR) between 1993 and 2015. The investigation is based on the influence of growth and economic absorptive capability determinants such as human capital, trade openness, and institutional quality. The methodological analysis uses a multivariate framework accounting capital stock, labor stock, FDI, human capital, trade openness, and institutional quality in regression of the Vector Autoregressive model. Augmented Dickey-Fuller unit root test, Johansen Cointegration test, and Granger Causality test were applied as parts of the econometric time-series analysis approach. The empirical results demonstrate the positive effects of FDI and trade openness, and the negative effects of human capital and institutional quality on the economic growth of the Lao PDR over the 1993 to 2015 period. The findings confirm that trade openness complemented by a sufficient level of infrastructure, education, quality institutions, and transparency significantly influence economic growth and attract more FDI. Research results lend credence to the need for the Lao PDR's government to focus on improving its economic absorptive capability and economic competitiveness regionally and globally by improving wealth and resource management strategies, as failure to take this course of action could lead to the Dutch Disease effects.

Economic Valuation of Public Sector Data: A Case Study on Small Business Credit Guarantee Data (공공부문 데이터의 경제적 가치평가 연구: 소상공인 신용보증 데이터 사례)

  • Kim, Dong Sung;Kim, Jong Woo;Lee, Hong Joo;Kang, Man Su
    • Knowledge Management Research
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    • v.18 no.1
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    • pp.67-81
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    • 2017
  • As the important breakthrough continues in the field of machine learning and artificial intelligence recently, there has been a growing interest in the analysis and the utilization of the big data which constitutes a foundation for the field. In this background, while the economic value of the data held by the corporates and public institutions is well recognized, the research on the evaluation of its economic value is still insufficient. Therefore, in this study, as a part of the economic value evaluation of the data, we have conducted the economic value measurement of the data generated through the small business guarantee program of Korean Federation of Credit Guarantee Foundations (KOREG). To this end, by examining the previous research related to the economic value measurement of the data and intangible assets at home and abroad, we established the evaluation methods and conducted the empirical analysis. For the data value measurements in this paper, we used 'cost-based approach', 'revenue-based approach', and 'market-based approach'. In order to secure the reliability of the measured result of economic values generated through each approach, we conducted expert verification with the employees. Also, we derived the major considerations and issues in regards to the economic value measurement of the data. These will be able to contribute to the empirical methods for economic value measurement of the data in the future.

A Study on the Effects of Economic and Financial Stress on the Satisfaction of Living for the Elderly

  • KIM, Jong-Jin;UM, Kyung-Ho
    • The Journal of Economics, Marketing and Management
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    • v.8 no.1
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    • pp.29-35
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    • 2020
  • Purpose - In this study, among the various stresses experienced by single-family senior citizens, we will focus on economic and financial stress and help to comprehend it generally, examine the differences in economic and financial stress and coping behaviors caused by the background variables in the aged group, and verify the variables that affect economic and financial stress, response behavior, and life satisfaction. Research design, data, and methodology - First of all, frequency analysis and technical statistics were conducted to identify the general characteristics of the elderly (characteristics of demographic sociology, social relationships) and the satisfaction level of life. Secondly, Hierarchical Multiple Regression Analysis was conducted to analyse influential factors on life satisfaction. Results - looking at the demographic characteristics of the elderly showed that in case the spouse exists, the level of satisfaction in life was shown to be higher. Next, looking at the characteristics of economic stress showed that the lower the economic stress was, the higher the satisfaction level of life was shown. Conclusions - Since stress has been identified as the most influential variable in life satisfaction through this study, we believe that economic and financial stress should be studied together as a parameter to find out which factors influence life satisfaction, or studies to reduce stresses for experts and senior party members altogether is also needed.

Economic Value Evaluation for applying Intangible Cultural Resources to Tourism Policy: Focusing on 'Arirang' (무형 문화자원의 관광 정책적 활용을 위한 경제적 가치평가: 아리랑을 중심으로)

  • Tae-Hong, Ahn;Kwang Oh Kim
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.331-342
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    • 2023
  • Purpose - This study aims to develop a valid and appropriate method for measuring the economic value of intangible cultural resources. Design/methodology/approach - Building upon the concepts explored in many studies on the total value regulation of public goods or environmental goods, which are non-market value commodities, with a focus on the intangible cultural property Arirang, this study aims to formulate a new economic value concept for cultural resources that contributes to the overall economic total value, including non-use value. Based on this foundation, the study aim to identify and apply the most efficient model(CVM) among economic value measurement methods, as suggested by Tietenberg (2003). Findings - This involves estimating economic value through consumer behavior, encompassing the use or experience of cultural resources, as well as utilizing statements to estimate economic methods through consumer surveys. Only by presenting individual resource economic values of cultural resources in objective figures can a foundation be established for creating budgets and organizational structures to promote projects and policies. Research implications or Originality - Appropriate decisions can then be made by comparing these values with the expected costs in the management and planning process.

A Study on the Home Management Ability of Mothers and their unmarried Daughters (어머니와 미혼딸의 가정관리능력에 관한 연구)

  • 지금수
    • Journal of the Korean Home Economics Association
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    • v.28 no.4
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    • pp.155-176
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    • 1990
  • The purpose of this study is to investigate the influential factors to home management ability of mothers and their unmarried daughters through researching the relationship of their home management ability. It would provide the basic data for the direction of Home Economics Education. The subjects were 653, from 20 to 30 years of unmarried women and their mothers in Chonbuk province. The questionaire was used to measure their Home Management ability. The measured areas were planing, creativity, consumption management, housework, evaluation, and human relation. The question items were respectively 6 and totally 36. Spss was used for the statistic. Frequency, Percentage, Means, Standard Deviation were used for general understanding. For data analysis, F-test, Pearson Product-moment Correlation, Duncan's Multiple Range Test, Stepwise Multi-regression Analysis were used. Lastly, the research pattern was examined by Path Analysis. The results were as follows. 1. The importnat influential factors to mother's home management ability were their schooling level and their perceived socio-economic status among the general factors(age, shooling level, perceived socio-economic status) and the family atmosphere factors(monthly income, family type). 2. The important influential factors of unmarried daughter's home management ability were the monthly income of their family and the socio-economic status perceived by them, among their mother's general factors, family atmohphere factors, their own general factors(age, schooling level, perceived socio-economics status, occupation, growing place). 3. The influence of mother's home management ability on unmarried daughter's home management ability was much more remarkable than mother's general factors, family atmosphere factors and unmarried daughter's general factors.

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Techno-Economic Study in Telecommunications (정보통신분야의 기술경제성 연구)

  • Lee, Kwang-Hee;Seo, Seung-Woo;Park, Gwang-Man
    • IE interfaces
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    • v.9 no.3
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    • pp.1-9
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    • 1996
  • Competition in telecommunications field brings about change in attitudes toward technology development. It is no longer the case that technology development itself has merits but that technology development should be considered in terms of its economic concepts such as the cost-effectiveness concept. Techno-Economic study intend to incorporate the idea of economic efficiency into technology development and management so that economic potential of technologies is maximized. This paper categorizes the contents of techno-economic study in telecommunications and information technologies and suggests a framework of techno-economic study based on technology lifecycle and decision makers.

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Middle-Aged and the Elderly People's Anxiety about Economic Change and its Influencing Factors (중노년층의 경제적 노후불안과 영향요인)

  • Hong, Sung-Hee
    • Journal of Family Resource Management and Policy Review
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    • v.21 no.2
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    • pp.95-117
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    • 2017
  • The purpose of this study was to examine the level of anxiety about economic change in middle-aged and elderly people and to analyze the factors that influence this anxiety. The data, derived from Korean General Social Survey(KGSS) were collected from Survey Research Center of Sung Kyun Kwan University. The samples included 821 people over the age of 40, including 529 middle-aged people who were from 40 to 59, and elderly people who were over 60. Multiple regression analysis was used to analyze the research model. The findings from the analysis showed that age and subjective economic status had crucial effects on the entire group's anxiety about unemployment and poverty, housing prices, financial markets, and economic recession in the older life. For the middle-aged group, age in particular had crucial effects on all the components of its anxiety about economic change. For the elderly group, geographical region was the most critical factor that affected its anxiety about economic change, the elderly people who were living in metropolitan area and towns had more anxiety than those who were living in rural areas. In particular, region was the only factor that affected the elderly group's anxiety about financial markets, and economic recession. These results showed that specific age of middle-aged and elderly people had the crucial effects while their sex, educational level, and the employment status of their spouse had no effects on their anxiety about economic change. Objective economic indices such as their earned-income and other income including savings and pensions had no effects on their anxiety level. While as noted above subjective economic indices such as their standard of living compared with their parents, projected economic status, and level of socio-economic success had an effect on anxiety about economic change.

Effects of Independent Operator's Company Selection Attributes on Economic and Non-Economic Satisfaction, Trust, and Recommendation in the Network Marketing Industry (네트워크 마케팅 산업에서 독립 사업자의 기업 선택 속성이 경제적 및 비경제적 만족과 신뢰, 추천의도에 미치는 영향)

  • Roh, Hyun-Sik
    • The Korean Journal of Franchise Management
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    • v.10 no.1
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    • pp.19-32
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    • 2019
  • Purpose - Since the opening of Korea's distribution market, the domestic network marketing market has been continuing to grow. In this context, research on network marketing independent operators, which plays the most important role in the network marketing industry, is insufficient. This study was to identify the effects of Independent Operator's Company Selection Attributions on the Economic and Non-Economic Satisfaction, Trust, and Recommendation. The results will provide strategic direction, theoretical and practical implications for companies and operators in the network marketing industry. Research design, data, and methodology - In order to verify the research hypotheses, the data were collected from Independent Operators of Network marketing industry using questionnaires. The pretest was conducted from January 8 to 19, 2018, and the main survey was conducted from February 1 to 28. A total of 210 questionnaires, of which 193 copies were collected. The data were analyzed with SPSS 21.0. and AMOS 21.0. Results - The results are as follows; product competitiveness and system competitiveness have significant effects on economic satisfaction and non-economic satisfaction. Economic and non-economic satisfaction have significant effects on business trust. Economic and non-economic satisfaction did not influence recommendation intention directly, but influence it indirectly. Business trust has a significant effect on business recommendation intention. Conclusions - After starting network marketing business as an independent operator, the competitiveness of the company is meaningless, and product competitiveness and system competitiveness are important factors for economic and non-economic satisfaction. Therefore, network marketing companies and independent operators should prioritize product competitiveness and system competitiveness between business development. The findings show that trust in the business is very important for active business Recommendation to others. Therefore, network marketing firms and independent operators need to make efforts to meet economic and non-economic satisfaction, which have a significant impact on business trust.

The exfoliation of irradiated nuclear graphite by treatment with organic solvent: A proposal for its recycling

  • Capone, Mauro;Cherubini, Nadia;Cozzella, Maria Letizia;Dodaro, Alessandro;Guarcini, Tiziana
    • Nuclear Engineering and Technology
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    • v.51 no.4
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    • pp.1037-1040
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    • 2019
  • For the past 50 years, graphite has been widely used as a moderator, reflector and fuel matrix in different kinds of gas-cooled reactors. Resulting in approximately 250,000 metric tons of irradiated graphite waste. One of the most significant long-lived radioisotope from graphite reactors is carbon-14 ($^{14}C$) with a half-life of 5730 years, this makes it a huge concern for deep geologic disposal of nuclear graphite (NG). Considering the lifecycle of NG a number of waste management options have been developed, mainly focused on the achievement the radiological requirements for disposal. The existing approaches for recycling depend on the cost to be economically viable. In this new study, an affordable process to remove $^{14}C$ has been proposed using samples taken from the Nuclear Power Plant in Latina (Italy) which have been used to investigate the capability of organic and inorganic solvents in removing $^{14}C$ from exfoliated nuclear graphite, with the aim to design a practicable approach to obtain graphite for recycling or/and safety disposed as L& LLW.