• 아태비즈니스연구
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• 제9권1호
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• pp.91-106
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• 2018

An appreciable number of Chinese firms have successfully expanded their businesses into foreign economics although they have limited resources. Advocating that home country government supports can mitigate firms' resource-disadvantages in international expansions, we attempted to investigate whether and how the Chinese government's support enables Chinese firms to compete in foreign markets. Based heavily on the knowledge-based theory of the firm and the resource-based theory of the firm, we developed a model that explain and predicts the effects of home-country government-supports on superior financial performance. The model was empirically tested using a accounting dataset regarding Chinese firms' 323 international expansion events from 2008 to 2015. Empirical evidence presents that the Chinese government's support has a positive effect on Chinese firms' international success and that these firms' marketing, technological, and managerial resources positively moderate the effect of the government support on the firms' international success. Nonetheless, because we employed an event-study method, the limitations of the method can be applied to the current research. In addition, because of the empirical context, the results of the research might lack generalizability. We, however, provided an understanding how firms from emerging countries can succeed in international expansions specifically when they have lack of resources for international competition.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.267-275
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• 2021

This study investigates the relationship between cultural distance and entry mode choice, where the foreign investor firm and the host country are both from emergent economies. Within this framework, research is limited and the issue is whether companies, regardless of their specific situations, have the same strategy when they meet a high degree of uncertainty in the host environment. In this study, we focused on the influence of informal institutional factors: cultural distance, that has been extensively analyzed in international business, measured by Kogut and Singh index and defined according to Hofstede, Globe Project and Schwartz approaches. The general trend derived from prior research proves that when a company from a developed country is involved; overall more enthusiasm is shown for wholly-owned subsidiaries rather than joint venture. This result still stands validated for corporations from this emergent economy area. Our analysis of a sample of 163 FDI in the Kingdom of Saudi Arabia (KSA) using logistic binary regression model reveals that the foreign firms prefer to establish wholly-owned subsidiaries in the host country over entering into a joint venture with a local firm, taking into consideration the large cultural distance.

• International Journal of Advanced Culture Technology
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• 제11권4호
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• pp.295-301
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• 2023

Since its inception in 2009, medical tourism in South Korea has continued to progress. Reaching its peak in 2019, the industry experienced a sharp decline in inbound patients after the COVID-19 pandemic in 2020 due to international border closures and a surge in patient numbers. However, from 2021 onwards, there has been a gradual increase in inbound patients. The purpose of this study was to classify the top 12 countries based on the number of actual patients entering the country from 2014 to 2022, using statistics from the Korea Health Industry Development Institute. It also analyzed the changes in the number of foreign patients visiting Korea and the evolving proportion of actual patients compared to short-term visa arrivals on a yearly basis. Through this content, we aim to examine the trends on a country-by-country basis and identify the direction in which the future of South Korean medical tourism should progress. By focusing on healthcare, we intend to pinpoint areas that require attention and improvement, as well as highlight any existing issues. Through modifications and enhancements based on these considerations, we aspire to attract a significant number of foreign patients, thereby promoting South Korea's medical technology on a global scale.

• 농촌지도와개발
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• 제18권2호
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• pp.281-313
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• 2011

67.82% of domestic hot springs are in rural areas. (Ministry of Public Administration and Security statistics, 2010) Most of hot spring's facilities are aging and inability to accommodate the current changes of leisure patterns. So, a decrease of the number of visitor to the hot spring resulted in economic decline of rural areas. Hot spring has been studied, but Architecture of Hot Springs has never been interested in and research. Therefore, Nation architecture of Hot spring and foreign architecture was compared and analyzed. Then, Architectural characteristics of Hot spring in rural areas was identify. The architecture of Hot spring type of foreign and images are routinely burned, the organic form and old-fashioned adrift. However, our country found in Hot spring architecturally and daily life had any features. Thus, the country's hot springs spa area for construction of the architecture design should be characterized. And, through institutional guidelines and deliberations should be provided in the right direction.

• 오토저널
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• 제13권4호
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• pp.85-93
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• 1991

Engine oil of the vehicle is very important to reduce friction and wear of the moving parts as long as possible without deterioration. As the technique of engine design and manufacturing improves, the performance of engine was increased greatly with the improvement of the quality of engine oil. All the additives and formulations skill of engine oil produced in our country are imported from foreign country. So it is necessary to study the basic knowledge of the mechanism of friction and wear of engine oil for the development of our own formula and additives. From this research, the basic mechanism of tribology and the change of oil properties were studied with a home made oil and two foreign oils by bench and engine test and laboratory works.

• 대한방사선기술학회지:방사선기술과학
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• 제10권1호
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• pp.91-104
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• 1987

Computerization for the work of diagnostic radiology department is needed to manage the department efficiently, to deal with the information increasing gradually, and to provide qualified care for patients. There is few computerized management system for diagnostic radiology department in our country. Foreign systems were developed commercially and academically, but almost failed to meet the needs of demands. So in this paper, to help the exploitation of soft ware suitable for the information system of diagnostic radiology department of our country; 1) foreign systems were introduced. 2) Data flow of diagnositc radiology department was analysised by SSA method. 3) Composition of computer system centered on the functions of terminals was presented.

• 대한전기학회:학술대회논문집
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• 대한전기학회 1998년도 하계학술대회 논문집 E
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• pp.1611-1613
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• 1998

The new type of prefabricated joint for 161kV XLPE cable have been developed. we, LG Cable & Machinery Ltd., made an huge contract with an foreign country's Power company for the supply of cable and accessories, the training of jointing and termination work to local personnel, technical assistance by joint venture and the supervision of installation and commissioning. By the end of 1997, one of several routes under the contract successfully finished being constructed and specially tested on site. In operation, now this underground transmission line proves well the reliability and efficiency of prefabricated joint and termination applied first time in foreign country.

• 무역학회지
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• 제44권3호
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• pp.15-24
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• 2019

The study conducted an empirical analysis of the impact of FDI on economic growth in four Asian countries: China, India, Vietnam and Korea. With panel data for the 1990-2017 period, the research model was developed for foreign direct investment (FDI), export amount (EX), government expenditure (G), exchange rate (EXR), and labourable population (L). The panel analysis results show that the increase in FDI, exports, government expenditure, labourable population significantly increased economic growth. The comparison analysis for each country revealed that FDI, exports and government expenditure significantly affect economic growth in China, that exports and government expenditure significantly affect economic growth in Korea, that FDI significantly affected economic growth in Vietnam, and that the increase in the workforce contributed to economic development in India. This paper characterized the different factors of economic growth in the four Asian countries. These results suggest that setting economic priorities to suit the specific economic conditions of each country is a shortcut to more efficient economic growth.

• The Journal of Asian Finance, Economics and Business
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• 제9권2호
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• pp.305-312
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• 2022

Each country's economic progress creates opportunities for its citizens to raise their income. Meanwhile, the country has secured the people's social security policies, particularly the protection of income equality, to promote harmonious and sustained economic development. Vietnam has been located in a dynamic economic development area in Southeast Asia since the 1986 economic reforms, with an annual growth rate of around 7%. Meanwhile, having achieved a middle-income status of roughly 3500 USD per person per year, Vietnam is attempting to maintain income equality and access to welfare systems for its inhabitants. As a result, the primary goal of this study is to use an autoregressive distributed lagged model to investigate the effects of income inequality and other economic factors such as foreign direct investment and trade openness on Vietnam's economic growth from 1992 to 2019. The research focuses attention on literature on income inequality, economic development indicators, and economic development in unique ways in this study. Income inequality slows the rate of change in economic development in the same year, according to our findings. Finally, the study will make policy suggestions to the Vietnamese government.

• 한국의류학회지
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• 제24권8호
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• pp.1209-1219
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• 2000

The importance of souvenirs are increasing immensely these days owing to the increase of foreign visitors to our country, which forces us to turn our eyes to this field. Upon these reflections, this study aims at aims at developing cap designs that satisfy the foreign tourists needs and let them recognize the outstanding beauty of Korean traditional patterns by applying traditional motifs. The Korean traditional patterns and their symbolic meanings were researched as well as the previous studies on the designing of goods for foreign visitors which had traditional patterns applied. Furthermore, the overall tendencies of the purchase of souvenirs and goods by foreign tourists in Korea as well as in foreign countries were investigated. Next, the present state of apparel goods and caps for sightseers in Korea was analyzed according to their shapes, colors, and patterns. Finally, by using CAD system, new cap designs were developed applying traditional bat motifs in order to capture the traditional images for a modern sense of beauty.