• Title/Summary/Keyword: export ratio

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Born Global or Not? It May Depend on Psychological Ownership of Top Executives (중역들의 심리적 소유의식 확대를 통한 중소기업의 글로벌화 가능성에 대한 실증적 고찰)

  • Kim, Young-Kyun
    • Journal of Korea Society of Industrial Information Systems
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    • v.19 no.6
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    • pp.119-130
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    • 2014
  • 'Born Global' is a core value that small to medium sized enterprizes (hereinafter SMEs) in Korea are pursuing due to increasing competitiveness and relatively smaller market size in domestic markets. How can we build capabilities to be born global? This paper seeks to find the answer for the question, and investigates the role of psychological ownership of top executives. Results show that psychological ownership of top executives positively influence the ratio of export in revenue, surrogate for global performance. In addition, the results show that psychological ownership can be built through information access, participation in decision making, and procedural justice.

마케팅과 정보기술의 통합적 활용 효과에 관한 실증연구

  • 김상수;문준연
    • The Journal of Information Systems
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    • v.7 no.1
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    • pp.99-128
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    • 1998
  • The increasing importance of IT rose to the top of list of marketing managers' key concerns and IT has been used widely in performing various marketing activities and decisions. However, little was known about how to employ IT in various marketing activities and how to use IT as a strategic marketing means. Also, comprehensive empirical studies have rarely been conducted. This study examines the effectiveness of integrative use of marketing and IT. More specifically, this study attempts to identify the factors that influence the effectiveness of marketing information systems. The manufacturing firms listed in the Korean Stock Market were surveyed. the major findings of this study are as follows. First, the variables of organizational characteristics such as formalization of decision making cooperation between marketing function and IS function, and degree of decentralization were significantly related to the success of marketing information systems. The variables of user highly associated with the success of marketing information systems. Second, it was also found that the support capability of marketing information systems is the major factor of the effectiveness of marketing information systems. Third, the variables marketing function and IS function, and ratio of export sales to total sales were three variables such as marketing knowledge of marketing managers, cooperation were the main factors to affect the users' satisfaction with the information system. These results imply that, in order to increase the effectiveness of marketing information systems, a firm should enhance a cooperation between marketing function and IS function, diversify the support capability of IS, and strengthen the computer mind and computer knowledge of end-uses.

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SOME ASPECTS OF THE CANADIAN CULTURE OF GINSENG (PANAX QUINQUEFOLIUS L.), PARTICULARLY THE GROWING ENVIRONMENT

  • Proctor J.T.A
    • Proceedings of the Ginseng society Conference
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    • 1980.09a
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    • pp.39-47
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    • 1980
  • The harvesting and export of Canadian ginseng from the cool, shady hardwood forests of southern Canada can be traced to 1796. Because of its high dollar value and diminishing woodland supplies it was decided in 1896 that it should be cultivated under wood lath screens. Present day economics dictate changes in production techniques to allow for a decreasing supply of expensive labour. Traditional wooden lath screens have a surface area of wood of 70 per cent and permit light penetration of only about 18 per cent. Experimental woven black polypropylene shade has an estimated surface area of 72 per cent and permits light pentration of about 28 per cent. While differences in air and leaf temperatures under the two shade structures can be measured it is doubtful if these are great enough to cause differences in plant growth under the two structures. Shade grown ginseng had a low fresh and dry weight and total chlorophyll content (ratio of a to b was 3 to 1) comparable to other shade species. There was no differences in fresh and dry weight and chlorophyll content of leaves from plants grown under the two shade structures. Maximum net photosynthesis of leaves was 0.175 g $CO_2\;m^{-2}\;hr^{-1}$ and light saturation level was about $200{\mu}E\;m^{-2}\;s^{-1},$ or about 10 per cent of full sunlight.

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Numerical Study of the Design Factors for Flow Analysis of the Automotive Defrost Nozzle (자동차 Defrost 노즐 유동의 설계인자에 대한 수치적 연구)

  • 박원규;배인호
    • Transactions of the Korean Society of Automotive Engineers
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    • v.11 no.1
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    • pp.217-224
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    • 2003
  • The frost and mist in the windshield disturb the sight of driver and passengers especially in winter. This possibly leads to safety problems. In order to export automobiles to the countries of North America, the safety regulation requires the frost of selected area should be completely melted in 30 minutes. The defrost pattern and time for melting of frost are fully dependent on the flow and temperature field near the windshield. Furthermore, the flow and temperature field near the windshield are dependent on the air discharged from defrost nozzle. The present work has been done for understanding the flow features of the discharged air and internal flow within the nozzle duct. The three dimensional Navier-Stokes code was used for performing the generic A/C duct flow analysis. The present results were nearly coincided with experimental data. To perform the parametric study of the effectiveness of the number of guide vanes, the discharge angle and the location of nozzle were changed. The ratio of volume flow rate through defrost nozzle and side exit were compared to investigate the influence of parameters on the effectiveness of defrost nozzle. The velocity profiles and flow patterns of the defrost nozzle duct were also analyzed.

The Effects of Technical Barriers to Trade on Korean Exports to ASEAN Countries (한국의 대아세안 수출에 대한 TBT의 영향 실증분석)

  • Park, Hyun-ju;Wang, Jingbu;Oh, Keun-Yeob
    • Korea Trade Review
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    • v.44 no.3
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    • pp.289-305
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    • 2019
  • Recently, each country has been using non-tariff barriers (Non-Tariff Barriers, NTB) as a new protection trade policy. In particular, TBT lies at the center of NTB. In this context, we examine the impact of Technical Barriers to Trade (TBT) on Korea's exports to ASEAN. Using 10-year statistics from 2007 to 2016 that came into effect with the ASEAN FTA, we analyze the impact of TBT on the Korean exports in the electrical machinery industry (HS85), which accounts for more than 30 percent of Korea's total exports to ASEAN. The results of the empirical analysis using a gravity model showed significant and positive effects in the variables of GDP and real effective exchange rate in each ASEAN country on Korea's exports to ASEAN. As expected, the tariff rate has a negative effect. As for TBT, the key variable of this study, the results are as follows. Although many previous studies reported that TBT has negative impacts on exports, this study could not find any significant impact of TBT and found that Korea's exports of electrical machinery to ASEAN countries are not affected by TBT. Various implications of these results are suggested.

A Study of the Bullwhip Effect Across Korean Firms: Evidence from KOSPI-Listed Firms (한국 기업의 채찍효과에 대한 고찰: 코스피 상장 기업을 중심으로)

  • Soh, Seung-Bum;Park, Seung-Jae
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.281-291
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    • 2022
  • Purpose - We study whether the bullwhip effect is prevalent among Korean firms and how the characteristics of it differ from the ones in other countries. Design/methodology/approach - We obtained quarterly financial and operational information on KOSPI-listed firms in manufacturing, wholesale, and retail industries from 2013 to 2019. We explore the variation of the bullwhip effect across firms and validate hypotheses. Findings - First, we find that for the KOSPI-listed firms, the bullwhip effect is more prevalent compared with the production smoothing. We provide additional findings by using sub-samples of manufacturing firms, wholesaling and retailing firms, big-sized firms, small- and medium-sized firms, domestic-sales intensive firms, and export intensive firms. Second, we show that in general, the bullwhip effect of Korean firms increases with the days in inventory or the demand seasonality ratio. However, the persistence of demand shock does not affect the bullwhip effect of Korean firms. Research implications or Originality - We compare our results with those in other studies that use information on the U.S. and Chinese firms. Our findings show that factors explaining the bullwhip effect across Korean firms have similarities and differences compared with firms in the U.S. and Chinese firms.

A Study on the Practices for Forfaiting in Foreign Exchange Bank in Korea and Recommendations for Improvement (국내 외국환은행의 포페이팅 취급행태와 개선점에 관한 연구)

  • Kim, Chang-Sun
    • Korea Trade Review
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    • v.42 no.3
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    • pp.25-47
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    • 2017
  • Forfaiting is a trade finance facility whereby financial institution purchases accounts receivable from exporters, on a without recourse basis. After the adoption of K-IFRS in 2011, accounting for simple borrowing as usual negotiation increases debt ratio which in turn, worsens financial soundness of a company. Hence, exporting companies have their interest in forfaiting that enables book-off in order to decrease the borrowing. Along with the execution of URF 800 at ICC and increasing the interest of exporting companies into forfaiting, foreign exchange banks in Korea expand the development of products related to forfaiting. Upon surveying all these national banks of this matter, this paper identified an appropriate solution for the forfaiting practice.

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An Analysis of Movements in the Labor Share of Income in the Korean Manufacturing Industries (한국 제조업에서의 노동소득분배율 변동요인 분석)

  • Hong, Jang-Pyo
    • Korean Journal of Labor Studies
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    • v.19 no.1
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    • pp.1-34
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    • 2013
  • Labor share of income in Korea has fallen from 90% in 1996 to 79% in 2010. This paper explores the factors driving the movements in the labor share of income based on a panel dataset containing 19 years of data on 18 Korean manufacturing industries. The effects of technical progress, globalization and the bargaining power of labor and capital on the labor share of income are tested for the period of 1991-2009. The main empirical results are as follows. (1) Capital-aug menting technical prog ress measured by capital-labor ratio and R&D intensity has a negative effect on the labor share. (2) Market openness measured by the value of export and import as a ratio to value-added production is found to have a positive impact. (3) Globalization of production measured by inward-FDI and outward-FDI as a ratio to total domestic fixed capital is found to have a negative impact on the labor share. (4) Union density is found to have had a statistically significant effect in 1991-1998. This finding is consistent with the efficient bargain model in which firms and workers bargain over both wages and employment. But union density is insignificant in 2000-2009. This implies that since the financial crisis in 1997, the bargaining institution in Korea has been approaching the right-to-manage model in which firms and unions bargain over wages and then firms set employment unilaterally. (5) Variables for domestic financialization measured by dividend-income ratio and financial-fixed assets ratio have an insignificant effect on labor share.

Development of Rehabilitation Criteria of National Highway Pavement (국도 아스팔트 콘크리트 포장의 보수공법 결정 기준 연구)

  • Kim, Da-Hae;Kwon, Soo-Ahn;Suh, Young-Chan;Lim, Kwang-Soo
    • International Journal of Highway Engineering
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    • v.11 no.2
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    • pp.37-44
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    • 2009
  • Currently the reasonability of threshold values for rutting and cracking does not clearly defined at the Pavement Rehabilitation Decision Tree on national highway PMS(Pavement Management System). The goal of this study is to provide the reasonable threshold values for the national highway asphalt concrete pavement rehabilitation. To achieve this goal, test section that represents typical asphalt concrete pavement of national highway was selected and pavement export were participated. Pavement condition survey has been conducted and pavement performance data at the selected roadway section were analyzed. From this study, reasonable threshold values of Pavement Rehabilitation Decision Tree were suggested based on the pavement expert's engineering judgement. In terms of crack repairs, the application of overlay after cutting is required to deteriorated area where existing crack ratio is over 35% and just overlay is required to where crack ratio is over 20%. On rutting, rut depth over 13mm is required to overlay after cutting and rut depth over 10mm is just needed to overlay.

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Changes in postharvest quality of Pleurotus eryngii treated with different shelf temperature and browning inhibitors (큰느타리버섯 유통온도 및 갈변억제처리에 따른 품질 변화)

  • Lee, Yun-Hae;Jeoung, Yun-Kyeoung;Baek, Il-Sun;Lee, Han-Bum;Chi, Jeong-Hyun;Jhune, Chang-Sung
    • Journal of Mushroom
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    • v.11 no.4
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    • pp.297-302
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    • 2013
  • Pleurotus eryngii is one of the main export items in Korean mushroom industry. Whole mushrooms were packed with 30 um polypropylene anti-fog film without trimming. The range of package weight and oxygen permeability of film were 400 g and 2000 $c/m^2$, 24 h,atm, respectively. The anti-browning treatments were sprayed by 0.5%(w/w) solution of Sporix Sporix(Sodium polyphosphate and $ClO_2$ gas The weight loss ratio was increased with increasing shelf period and temperature. There were no big differences in weight loss ratio according to browning inhibitors. In case of $ClO_2$ treatment, the hardness and lightness of stem was showed higher than other treatment for shelf period. As results of freshness, the optimum browning inhibitor of P. eryngii was $ClO_2$ treatment and the shelf life was extended 36days at $10{\sim}15^{\circ}C$.