• Journal of the Korea Academia-Industrial cooperation Society
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• v.14 no.3
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• pp.1081-1089
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• 2013

The purpose of this paper is to suggest the formation plan of green cluster for the enhancement of green industry competitiveness in Korea. For this reason, this paper has the analysis to find out regional competitiveness and effective factors in the green industry. The major findings are as follows. First, the renewable energy industry was competitive at Gyeonggi, Gyeongnam, Chungbuk, Chungnam, Ulsan, Jeonnam, and the carbon reduction industry was competitive at Ulsan, Gyeonggi, Gyeongbuk,, Chungnam, Seoul, Chungbuk, Inchon. Second, the most important factors of the renewable energy industry was factor condition, such as business, labor, research and development; while in the carbon reduction industry was sector of structure and rivalry, such as performance, policy and institution, market share, industry specialization. Third, it showed that the green industry was more competitive at the local area with the better industrial infrastructure. So, we need to focus on the green of existing industry-infrastructure, and the strategy of selection and concentration, for the enhancement of green industry competitiveness in Korea.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.8
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• pp.5267-5272
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• 2015

This paper analyzes the relationship between the industry bank loan concentration and its risk using the Korean bank loan data. We focused on the construction and real estate industry which are controversial on the non performing loans. We used the construction or leasing real estate industry bank loan ratio of the corporate bank loan as the bank loan concentration proxies. The bank risk are measured as the equity capital rate or the size of non performing loans. According to the results of this research, the preceding bank loan ration of the construction industry or the leasing real estate industry decreases the non performing loans and increases the equity capital rate. The bank loan concentration to the specific industry may not increase bank risk. The bank loan concentration may decrease the information asymmetry and improve the screening abilities the non performing loans. We suggest that the bank loan concentration on the construction or leasing real estate industry in the Korean economy may not directly connected to the bank risk.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.1
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• pp.615-621
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• 2016

The selection of a flagship industry is based on whether the industry's developmental impact is great and whether the industry can be the center of the national economy. Here, a ripple effect may be derived by analyzing the forward and backward linkage effects, but in the case of industries that are the centerpieces of the national economy, each researcher reported different results. Consequently, they could not agree on their flagship industry despite belonging to the same time. This study presents a prestige centrality of network analysis as a way of analyzing an industry, which was the center of the national economy, and performed empirical analysis utilizing the 2013 I-O Table. The analysis showed that the industries classified as those with high centrality include the energy industry, which is essential for economic development, can create a synergy effect with other industries, such as the transportation industry, industries with a high level of export and employment, such as electronics and chemicals, and industries for domestic demand, such as wholesale and retail, food services and accommodation.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.8
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• pp.3777-3784
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• 2011

This paper examines into the influence of the public servants' perception of tourism industry on their understanding of importance of the tourism industry. For a study, the positive analysis was carried out which the public servants' perception of tourism industry was different in accordance with the satisfaction of tourism policy. The result of the analysis showed that the benevolent influence of the public servants' perception of tourism industry had a significant effect on the satisfaction of tourism policy and the cost of tourist influence had no significance of itself. It has been shown that both the influence of the public servants' perception of tourism effect on their understanding of importance of the tourism industry and that of the benevolence of the tourist influence on the understanding for the importance of tourism industry showed had plus(+) effects. Especially, it has been shown that the influence of the cost of tourist effect on the understanding for the importance of tourism industry had a minus(-) effect.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.9
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• pp.5534-5542
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• 2014

The defense industry plays a larger role than merely maintaining national security; it also has ripple effects in society, such as employment growth through increased domestic demand and advancement of industrial structures. In this study, the factors affecting the defense industry were divided into military support and government support. Previous research dealing with the correlation of management of the defense industry and each of these important factors was then investigated and analyzed. These results are believed to contribute to growth of the defense industry through building an environment that positively affects the defense industry's growth, profitability and productivity, and achieves higher business performance.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.2
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• pp.646-652
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• 2011

The interest in personal health is now growing around the world. Accordingly, the insurance industry which is closely related to personal health is becoming more important. Insurance industry can be divided into to main stream, life insurance and indemnity insurance. This study attempts to compare the economic impacts of the life insurance industry and indemnity insurance industry using an inter-industry analysis. The study investigates production-inducing effect, value added inducing effect, employ-inducing effect, sectoral price effect using Exogenous specification. The results show that indemnity insurance industry induces production-inducing effect of 2.7 won, value-added-inducing effects of 1.6 won, employ-inducing effect of 26.9 person, sectoral price effects is 2.0%. On the other hand, life insurance industry induces production-inducing effect of 1.6 won, value-added-inducing effects of 1.0 won, employ-inducing effect of 16.5 person, sectoral price effects is 1.2%. Overall, indemnity inducements has higher economic impacts than life insurance.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.3
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• pp.1204-1212
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• 2011

This article analysis the obstacles and motivating factors of joint ventures between South Korean and German companies. As a theoretical frame is used the resource based view to explain motivating as well as hindering factors that influence joint ventures between Korean and German firms. The theoretical findings are tested with a sample of approximately 200companies that operate in the machinery industry. The data were provided by the German Machinery Industry Association and the Korean Association of Machinery Industry. The results of the findings are used to derive implications for governmental policy makers.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.10 no.4
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• pp.895-899
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• 2009

This paper presents a business models of the robot industry for copying with aging society that facilitates to create new business opportunities in the convergence age. In order to identify the market drivers for both convergence and aging society, the trends of them analyzed. Through constructing and analyzing market value chain, we design a set of the business model of the robot industry focused on u-health robots of a convergence service type integrated ubiquitous, health and robot. In addition, we describe the evolution path of the proposed business model in terms of technology development and market. Finally, we develop a matrix based evaluation framework to measure and assess the effectiveness of the business model.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.10 no.11
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• pp.3506-3513
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• 2009

This study is to analyze the ripple effects of Jeju International Wind Ensemble Festival on Jeju regional economy and to explain the influence of the festival on Jeju regional society and culture. This study analyzed the economic ripple effects of the tourism industry with the Jeju inter-industry relation table. To explain the influence on Jeju regional society and culture, this study examined society-integrating part, policy-advertising part, culture-developing part, and industry-developing part.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.7
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• pp.4177-4183
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• 2014

This study estimated and decomposed the productivity changes into technological change and efficiency change components for the photonics industry and examined ways of imporving the productive efficiency. Unlike most previous studies, this study employed a non-oriented Malmquist productivity index, which is a non-radial method and deals directly with the input surpluses and output shortfalls. The empirical results show that the productivity of the photonics industry has increased. The main reason for this is the increase in technical efficiency. In addition, there was a statistically significant difference in the productivity changes according to the firm's geographic location and participation in government support programs. These findings suggest that the government's regional strategic industry promotion policy has contributed to improvements in the productive efficiency of photonics industry. The approach presented in this study could be used as a practical reference guide to help enhance the competitiveness of the photonics industry.