• 무역학회지
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• 제44권4호
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• pp.1-17
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• 2019

The purpose of this paper is to suggest strategies for Korean companies to overcome the limitation of the international trade structure between Korea and Vietnam. This study examined foreign multinational distribution companies, Korean distribution companies and domestic distribution companies in Vietnam. A SWOT analysis conducted to propose effective strategies revealed that Saigon Mart, Vietnam's largest regional mart company, needs an O/W strategy and to capture market opportunities quickly through strategic alliances with foreign distribution companies, in order to gradually complement their core competencies internally. Lotte mart in Vietnam, one of Korea's three largest marts, needs to establish a T/S strategy in order to overcome the crisis situation in Vietnam market and succeed in business. BIG C Mart has over 40,000 diverse products needs to use a T/S strategy in order to effectively overcome the crisis situation in the Vietnamese market and to increase the possibility of business success. From the study findings and conclusions, various implications are derived. Vietnam is still very strong in socialism and regional characteristics, so it needs to build up close cooperation such as joint venture with local partners in the region and strategic alliances to increase the possibility of investment success.

• 벤처창업연구
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• 제5권1호
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• pp.69-80
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• 2010

본 연구의 목적은 국내에서 축적한 ASP 경험과 노하우를 바탕으로 해외로 진출하는데 도움을 주기 위한 것이다. 이를 위해 아시아 국가의 정보통신 인프라 현황, 한국의 해외투자 현황, 그리고 일반적 시장 매력도를 종합평가하여 ASP 해외진출에 적절한 국가로 중국, 일본, 인도네시아, 말레이시아를 선정하였고, 각 국가별 ASP 시장 진출 전략을 제시하였다. 본 연구는 ASP 벤처 기업이나 창업자에게 도움을 줄 것으로 본다.

• International journal of advanced smart convergence
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• 제7권4호
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• pp.121-127
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• 2018

This paper develops and builds an Integrated Assessment System for National Competency Standard Professional Basic. The integrated evaluation system for basic job competency in the National Competency Standards is developed to conduct examination by means of computers, smartphones and tablet PCs. The system can be used for the basic job competency test, examination for online cyber universities, job competency examination for enterprises, and the listening, reading, and speaking test in the foreign language proficiency examination and is even better in terms of facility investment and saved operating costs as well as efficient use of spaces in comparison with conventional evaluation schemes. Even greater synergy effects can be achieved by providing support for the integrated evaluation system for basic job competency in connection with the NCS qualification system. The evaluation system has been tested and practiced at a specialized high school and can be applied to the NCS education evaluation of the college and four-year college and to the selection examination of new employees of the company.

• 무역학회지
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• 제44권2호
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• pp.21-35
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• 2019

This study analyzes factors that affect the corporate value of Korean companies operating in Latin American countries. Primary factors are associated with characteristics of the host country, the parent company, and subsidiaries. Empirical results show that asset specificity is the main factor influencing firm value. This region is geographically far from Korea and culturally different. Therefore, the source of competitive advantage such as asset specificity should be large enough to offset liability of foreignness for successful entry into the region. This paper also found that joint ventures are more advantageous than direct investments. Joint ventures in Latin American can minimize risk, complement technology and information, and reduce trade barriers.

• 아태비즈니스연구
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• 제14권3호
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• pp.187-204
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• 2023

Purpose - This study deals with the manager's overconfidence and stock price delay, and verified whether the stock price delay phenomenon changes as the overconfidence increases. Design/methodology/approach - Manager overconfidence means that managers have over confidence in their positions or abilities, and was measured according to Schrand and Zechman (2012). Stock price delay is a phenomenon in which information of company is not immediately reflected in the stock price, but is reflected over time, and was measured by the method suggested in a study by Hou and Moskowitz (2005). The analysis subjects used in this study are companies listed on the KOSPI market between 2011 and 2019, and the final sample is 5,509 company-years. Findings - As a result of the verification, it was shown that the stock price delay decreased as the manager's overconfidence increased, and this effect was amplified as the foreign shareholder's share ratio increased and the number of follow-up financial analysts increased. This means that as the manager's overconfidence increases, he actively provides high-quality information to the capital market. In addition, as a result of subdividing the manager's overconfidence into the investment and capital raising aspects, the capital raising aspect has a significant effect on reducing stock delays. This can be interpreted as the fact that managers with overconfident tendencies have a greater incentive to satisfy investors' information needs. Research implications or Originality - In previous studies, the characteristics of managers with strong overconfidence have both positive and negative aspects. The results of this study are significant in that they clearly demonstrated the positive aspect through the market variable of stock price delay, and it is expected to help capital market stakeholders understand the characteristics of managers with a strong propensity for overconfidence.

• 한국항해학회지
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• 제19권3호
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• pp.35-65
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• 1995

The development of Korean shipping industry is maybe defined into three development stages-industry fixing stage, industry coordinating stage, industry development stage-. The development of shipping industry has been depended on the geovernment/authority role such as shipping policy, system, law, rules and regulations. In 1983, Korean shipping industry reorganization and coordination by shipping authority have made our shipping industry on the stable condition together with each company's efforts. Today's world economic environment such WTO/UR negotiation results get this government role limited. According to the being reduced government role, each company's competitive advantage power becomes more important. Besides, korean shipping industry is exposed into the entire and bitter world competition. In order to win and prevent the world shipping competition, it is necessary to look out the competitive advantage power of Korean shipping industry. The first purpose of this study is the situation analysis for competitive advantage power of Korean shipping industry. The second is to compare with our shipping policies with foreign ones concerned with ship, cargo, crew, tax and others. But in order to compare with foreign shipping, this study need their shipping statistics data, this study has some limit of the foreign data. This study has been carried on the basis of the following items. 1. Shipping environment, 2. Ships and ship acquirement(shipbuilding/purchasing), 3. Oceangoing cargo and ship's stowage rate, 4. Human factor in shipping-crew, 5. The incomes and costs in finacial statements. We have some conclusions as following through the this study. First, Korean shipping industry environment-competitive disadvantage situation- has changed rapidly due to the shipping market opening, free market entering of foreign shipping. Second, Korean shipping is disadvantageous due to the high tax rate and financing conditions in connection with ship acquirement. In order to improve the competitive advantage power, the shipping tax system and ship financing conditions should be reviewed to profitable for owners. Third, but both world and Korean oceangoing cargoes quantity have been increased annualy, Korean ship's cargo stowage rate is being decreased. This is serious situation but Korean shipping take well use of foreign vessel with hire. It is recommended to take use of owner's vessel and hired ones in the long range view, considering the world shipping management. But the number of crew has been decreased by 2, 000~3, 000 annualy, it is desirable that the long sea-experienced crew have been increased. Almost of owners usauly complain the crew cost is the main obstacles to competitive advantage power. Human factor is the most important firm's asset. All owners should pay attention to this though, and invest the proper budget to training, education, welfare as much as possible. In the long run this effects could be feedback to owners. Fifth, We must improve the financial statements structure, that is, the first step is to increase income, the second is to decrease cost, the third is to increase income on the same cost, the fourth is to decrease cost on the same income. It is essential to find out what the urgent investment is and what unnecessary cost is. At last, in order to competite world shipping race, each shipping firm must try for himself to retain the power. The government/authority is no longer dependable. I believe that each firm's power will be the industry's power, the industry's power will be the nations's power.

• 한국실내디자인학회논문집
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• 제12호
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• pp.40-49
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• 1997

What's the direction of INTERIOR ARCHITECTURAL DESIGN in 21 Century High Tech\ulcorner The purpose of this research is to show not only practical use of Computer Graphic(CG) as simple tool function, but offering conversation with computer and other ways of method. When we consider poor CG market, investment on the research of VR(Virtual Reality) is the most urgent. The investment on VR will solve various problems. Firstly. It will solve the problems drived from Interior design process by making spatial images like reality. Secondly, It will solve high wages and financial difficulties caused by raise cost funds. Thirdly, It prevents in a road from foreign company that will bring enormous program, caused by opening the domestic market. Also, It help interior designer check in advance the problems in constructure through showing him a supposed imagination including the system and location of equipments. But it is reality that even ordinary American can't offer VR(Virtual Reality) System. We should have noted that it is normal to spend 10 billion won for such presentation as Model House in the large corporation. We must acknowledge that it is such a waist of money nationally. Therefore, investment on CG & VR System is essential in order to save cost more effective presentation & interior design. We will see great result within a year. As we can see, there is huge area we have make develop. One of them is specific technical plan on VR System and study of flow chart. We close with simple methodological way to use VR System and will study Computer System. Which is fitting to CG that we have to solve the link of hardware and software on VR System\ulcorner We know from the cases in other countries that continuous research on this subject has great value for Interior Architectural Design and its effective use. When we try hard not only for methodological use but practical use, the purpose of CG and VR System will be a factor to contribute on this subject for better Interior design & presentation.

• KDI Journal of Economic Policy
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• 제30권1호
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• pp.1-31
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• 2008

외환위기 이후 우리나라 기업의 설비 투자가 부진한 모습을 보이면서 기업을 둘러싼 경영환경의 불확실성 증대로 인해 이러한 현상이 초래되었다는 주장이 있다. 본 연구는 우리나라 기업이 직면하는 불확실성을 수익성의 변동성으로 측정하고 이를 토대로 불확실성의 증대 여부 및 불확실성이 투자에 미친 영향을 분석하였다. 분석 결과에 따르면 1994년에 3%중반에 머무르고 있던 우리나라 기업 수익의 변동성은 최근 5%를 소폭 상회하는 수준으로 확대되었다. 이에 더하여 우리나라 기업의 수익 변동성은 제조업, 비제조업 및 대기업, 중소기업으로 분류할 경우에도 모두 증가한 것으로 나타나고 있으며, 세부산업별로도 대부분의 경우 확대된 것으로 나타났다. 이렇게 확대된 변동성은 우리나라 기업의 설비투자 증가세를 위축시키고 있는 것으로 분석되었으며, 투자 결정에 있어서 변동성이 미치는 영향은 외환위기 이후 증가한 것으로 나타났다.

• 국제지역연구
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• 제22권3호
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• pp.133-164
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• 2018

세계화의 진전으로 기업은 다양하고 이질적인 환경에서 활동하고 있지만, 본국과 현지의 문화적 차이를 기업의 경영전략에 반영시키는 연구는 제한적이다. 본 연구는 인도네시아에 진출한 한국기업에서 근무하는 한국 주재원과 인도네시아인 간의 권력거리, 의사소통만족, 문화이해 등 3개 변수가 조직성과에 어떠한 영향을 주는지를 실증 분석하였다. 분석 결과 다음과 같은 사실이 발견되었다. 첫째, 권력거리는 기업성과에 부정적 영향을 주었다. 현지 관리자들이 한국인에 비해 권력이 불평등하다는 것을 많이 느낄수록 기업조직 성과는 부정적인 경향이 있음을 발견하였다. 둘째, 의사소통 만족도가 높을수록 조직성과가 높다는 것이 판명되었다. 셋째, 주재원과 현지인간의 상호문화이해가 높을수록 기업조직성과에 긍정적인 영향을 주었다. 즉 한 집단 내 두 이질적인 문화가 일방적이 아닌, 상호간 문화이해가 높을수록 조직성과를 높이는 결과를 가져온다는 것을 알 수 있다. 본 연구의 실증적 결과는 해외에 진출한 한국기업이 이질적 문화 환경에서 어떻게 조직성과를 이끌어 낼 것인지에 대한 새로운 관점을 제공한다. 즉, 기존의 연구들은 한국인 주재원들이 현지 문화를 이해하는 것이 중요하다고 하였지만, 본 연구는 오히려 현지인들이 한국 문화를 이해하는 것이 조직성과에 보다 큰 영향을 미친다는 결론을 도출하였다. 따라서 해외 진출 한국 기업은 한국 주재원의 교육에 투자하는 것보다는 현지인들의 교육에 투자하는 것이 더 효과적이라는 정책적 시사점을 제공한다.

• 무역학회지
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• 제47권6호
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• pp.119-134
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• 2022

A new protectionism caused by the US-China competition and a following new Cold War would have a negative impact on global FDI. In this time, this study researched the effects of the long lasting global openness and liberalization on Korea's Inward FDI. 1,387 foreign invested companies in Korea were analyzed. The results are summarized as follows. First, Korea's FDI has been expanded under the environment of globalization. The IFDI amount and share in GDP increased. Seven countries out of the world top 10 were listed in Korea' the top 10. However, the share of the US and Japan's FDI in Korea's IFDI decreased. Second, non-manufacturing industry became prevalent in Korea's IFDI. Considering it's local market-oriented characteristics, the biggest investment motivation by global companies was Korean market pursuit. The US was more local market-oriented than Japan. Third, cross-border M&A, which became active in developed countries since 1980s, also kicked off in Korea from late 1990s. Global companies managed foreign-invested companies in Korea with shares close to wholly owned. The US had higher share ratios than Japan. The implications by this research are as follows. First, looming protectionism by a New Cold War would negatively affect Korea's IFDI through the adverse function of globalization. Second, Korea's IFDI has been converted to a market pursuit type being mainly leaded by non-manufacturing industry. Since GDP is the largest FDI motive in this type of FDI, the key policy for IFDI promotion is lying in the expansion of domestic market rather than deregulation.