• Title/Summary/Keyword: local companies

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Consideration of Urgent Facing Strategies for the Designation of Customs Free Zone of Incheon City (인천항 관세자유지역 지정시 당면과제 고찰)

  • 박창호;이기철;노흥승;여기태
    • Journal of Korea Port Economic Association
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    • v.17 no.2
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    • pp.183-204
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    • 2001
  • This study is intended for the development of urgent facing strategies for the designation of a CFZ(Customs Free Zone) in Incheon city. First, it analyzes the current status of the Incheon CFZ. Next, it suggests several strategies for successfully growing the CFZ of Incheon City. Finally, it develops and proposes a method for establishing an integrated management system for the effective management of the CFZ. The key findings of this study are as follows: First, the CFZ should provide state-of-the-art movement of port logistics, create new added value caused by the movement of logistics, and provide other public support. The Incheon CFZ should be developed in three stages: an inducement stage in 2002-2005, a growth stage in 2005-2008, and an implementation stage in 2008-2011. Second, The parties responsible for the management of the CFZ would be as follows: for the port area, the Ministry of Maritime and Fisheries; for the back space of CFZ, Incheon City; and for port management, port management companies. However, a committee for CFZ management is strongly suggested for the improved efficiency and effectiveness of CFZ management. Furthermore, additional regulations ensuring the role of local government will likely be necessary for the sucessful designation and sustainable management of the CFZ. Third, For the creation of additional revenue, reformation of the current laws of the CFZ are recommended in the area of business administration. Fourth, A strategic marketing plan that supports the successful management of the companies of the CFZ will be a key component in the success of the CFZ. Thus, the new marketing plan should be developed in the near future based on case studies of other CFZs. Fifth A method for an integrated CFZ management system was developed and suggested for the comprehensive and transparent management of port logistics.

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Case study: Grigon Entertainment's success and failure

  • Yoo, Byung-Joon;Kim, Kwan-Soo;Lee, Joon-Hwan
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.4 no.4
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    • pp.71-88
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    • 2009
  • The Korean online gaming industry has seen rapid growth since the boom of information technology (IT) related industries, especially Internet and PC-bang or local area network (LAN) use, throughout the country. Online games are real-time games in which two or more players meet, compete, and cooperate in the same game space using the same communication network. Even though the growth rates of IT-related industries have recently slowed, the growth of the online gaming industry has increased, and Korean firms are expanding their businesses to countries all over the world. However, the online gaming industry is becoming an oligopoly, in which 4-5 leading companies occupy most online gaming markets. This situation presents a disadvantage to the Korean online gaming industry, since online players usually seek a diversity of online gaming contents and high quality online game services. Therefore, small- and medium-sized game developers must survive in this market by upgrading the quality of their online gaming services in an effort to provide differentiated goods and services in monopolistic competition markets. However, most venture companies in the online game industry, whether new or previously existing, are not able to obtain adequate financing. The objective of this paper is to examine the management environment for medium- and small-sized game developers in the Korean online gaming industry. By introducing the case of Grigon Entertainment, we try to identify the source of difficulty obtaining external financing for Korean venture firms in the online gaming industry.

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Effects of National Pride and National Attachment on Consumer Ethnocentrism (국가 자부심, 국가 애착이 소비자 자민족주의에 미치는 영향)

  • Choy, Jung-Hyuck;Choi, Soon-Hwa
    • Journal of Distribution Science
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    • v.14 no.12
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    • pp.89-97
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    • 2016
  • Purpose - In the major global markets, such as US and China, consumer ethnocentrism has been strengtened and there is a growing need for related study. This research aims to investigate the effects of national pride and national attachment on consumer ethnocentrism, using a nationally representative dataset from 2013 Korean General Social Survey. Based on the reviews of literature in social and political sciences, two dimensions of national pride were considered: national society pride which is based on positive evaluations on the nation's democracy condition or social security system, and national achievement pride which is based on positive evaluations regarding the country's achievements in the areas of technology, art, sports, and so on. Research design, data, and methodology - The authors developed a structural model in which two types of national pride, national society and achievement pride, are proposed to affect national attachment, thus influencing consumer ethnocentrism. 1,294 surveys were used for empirical analysis. The hypotheses were tested by utilizing SPSS 22.0 and AMOS 21.0. The unidimensionality of each construct and the nomological validity were supported from the results of factor analyses and correlation analysis. Results - It was found that both national society pride and national achievement pride have significant and positive effects on national attachment. Consumers who show stronger pride on the social systems or the global achievements of Korea are more likely to remain being a citizen of the country and support the country even in wrong. Also, there was a significant and positive relationship between national attachment and consumer ethnocentrism. Korean consumers who have stronger attachment to Korea tend to express higher ethnocentrism to protect Korean labor market and to promote economic development of the country. Conclusions - The findings of this study showed that companies and government need to emphasize the country's advanced social environments or global competitiveness in technology, sports, art, and so on, to boost national attachment. With a deeper understanding on the relationships among national pride, national attachment, and consumer ethnocentrism, the authors expect that both local and foreign companies in Korea will be able to develop more effective marketing strategies and to achieve sustainable competitive advantage.

A Study on Operating Technology Business Incubators: Forced on the Foreign Cases (기술창업보육 운영방안에 관한 연구 -외국사례를 중심으로-)

  • Kang, In-Seon
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.6 no.3
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    • pp.19-42
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    • 2011
  • This research focuses on the case studies for operating scheme of technology venture incubation centers located at science parks, technology parks, and foreign universities. Technology venture incubation centers in foreign countries commonly vitalize local economy, create job markets, and promote new venture industry. There is a distinct difference in many ways between foreign and domestic incubation centers. Foreign countries consider the position of incubation centers at national policy level. They characterize the operation of incubation centers into technology fields. They install the networks cooperating with experts and promote the management. Tenant companies moved in incubation centers enhance the degree of completion through industry-university cooperation. Universities and research centers utilize the results of R&D to make the business, accelerate to venture establishment with technical skills, and foster technology entrepreneurs by spin-offs. Through case studies we propose implications helpful to manage domestic technology incubation centers and management methods to be successful centers.

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Regional Network Attributes of Provincial Boundary Regions : Focused on Okcheon-gun in Chungbuk Province (도계지역의 지역적 네트워크 특성 - 충북 옥천을 대상으로 -)

  • Lee, Jung-Min;Hong, Sung-Ho
    • Journal of the Korean association of regional geographers
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    • v.21 no.4
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    • pp.704-715
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    • 2015
  • Provincial boundary regions need differentiated strategies from non-provincial boundary regions because they form multilayered regional networks with boundary cites and provinces. This paper aims to analyze the attributions of provincial boundary regions' regional networks in the dimensions of commuters, companies, and government and to explore their political strategies. At commuters level, Okcheon, a case study area, forms the strongest regional networks with Daejeon and does not have any regional network with Honam region. At companies level, it forms the regional network with Daejeon, Gyeonggi, and Chungbuk, and with Daejeon(Donggu, Daedukgu), and Gyeonggi(Bucheon) at government level. This paper suggests the following conclusive policies. First, provincial boundary regions should be postulated as the new policy targets. Second, Population and Housing Census should be constructed pan-regionally as the base data of regional network studies. Lastly, cooperation system among local government of the provincial boundary regions should be constructed.

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Growth of Cosmetic OEM·ODM Companies and Industrial Roles (화장품 OEM·ODM 기업의 성장과 산업적 역할)

  • Lim, Byeong Yeon;Park, Jae Hong;An, Yong Chan;Kim, Min Joo
    • Journal of the Society of Cosmetic Scientists of Korea
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    • v.46 no.2
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    • pp.167-177
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    • 2020
  • In this study, we analyzed the growth factors and industrial role of cosmetics OEM·ODM enterprises that have played an important role in Korea's growth as the fourth-largest cosmetics exporter in the world. Since the OEM industry was first introduced to Korea by Kolmar Korea in 1990, the industry has grown to account for 12.619 trillion won as of 2016 and 69.9% of sales of local products. Also, the industry not only supported brand enterprises to enter the global market but also directly supplied products to global enterprises, contributing to economic growth and rising national prestige. Growth factors in Korea's cosmetics OEM·ODM industry can be found in the development of differentiated business models, such as continuous technology development, active response to the industrial environment, and settling a system with technology and creative ideas. For sustained growth and development of Korean cosmetics industry, OEM·ODM needs to be settled as Korea's own industry and co-exist with brand enterprises in complementary relations.

Networks of the Machinery and Metal Industries in Busan Region and the Strategies for Raising the industrial Competitiveness (부산지역 기계.금속산업의 네트워크분석과 경쟁력 제고방안)

  • Kwon, O-Hyeok;Yun, Yeong-Sam;Choi, Hong-Bong
    • Journal of the Korean association of regional geographers
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    • v.11 no.6
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    • pp.543-558
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    • 2005
  • This paper is to research the present conditions and characteristics of the machinery and metal industries in Busan region from industrial cluster and network point of view. The result of this study is as follows. First, a independent machinery and metal industrial cluster has been shaped in Busan region although it is not so large. Second, the technological level and the competitiveness of the machinery and metal industries in Busan region is still low. The companies in Busan area are interacted by local network with low-tech and low competitiveness. Third, we need to invite the technological leading companies to Busan region for this industrial cluster's technological competitiveness is raised.

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A Study on the Spatial Characteristics of the Business Services Cluster in Metropolitan Seoul (대도시 사업서비스업클러스터의 공간적 특성에 관한 연구)

  • Pak Rae-Hyeon;Jeong Byeong-Sun
    • Journal of the Economic Geographical Society of Korea
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    • v.8 no.2
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    • pp.195-215
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    • 2005
  • This study was carried into execution to analyze Spatial Characteristics of Seoul Business Services Cluster in circumstance of local economic development led by knowledge-intensive business services. The analysis was performed for industrial agglomeration and companies' linkage and network. As the result, there are three business services cluster, including the largest one in Gang-Nam Gu, Seoul, and for last 10 years, there has been increasing development of business services cluster. In the meanwhile, their linkage and network have not been performed briskly. Therefore, from now on, a plan that can help companies' linkage and network performed inside of cluster to have active and international structure has to be considered in cluster policy.

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Optimal Location of Mail Distribution Center using Steiner Tree (Steiner Tree 이론을 이용한 우편물 교환센터인 최적 워치선정)

  • Yang, Seong-Deog;Lyu, Woong-Gyu;Lee, Sang-Joong
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.22 no.9
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    • pp.82-87
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    • 2008
  • Faster, safer and cheaper mailing of the postal matter is essential for surviving in the competitive market of home-delivery service. In the past, the domestic delivery business has been nu by only a few number of companies. But more and more number of companies including medium size ones are participating in the business, and the competition is getting severe. This paper proposes a method to select the optimal location of mail distribution centers that minimally connect the local mail centers of some major cities in Korea using the Steiner Tree theory, which is about connecting a finite number of points with a minimal length of paths and has been used in the distribution system optimization and optimal routing of the transmission lines of the electric power system. By using Steiner Tree theory in finding the best location of the postal delivery hub, we may expect the reduction of transportation cost and the increase of profit, resulting in acquiring the superior position in the competitive delivery business. It is expected that we may use the Steiner Tree theory in finding the best location of the electric power substation for the nott higher EHV(extreme high voltage) transmission network.

Relations between Intrapreneurship and Emotional Intelligence, Supportive Leadership and Adaptation Performance in Organization (기업 내 기업가정신과 감성지능, 지원적 리더십, 적응성과의 관계)

  • Kim, JongKwan;Park, KiHong
    • Journal of Digital Convergence
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    • v.16 no.11
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    • pp.289-301
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    • 2018
  • The purpose of this study is to examine the mediating effects of emotional intelligence on the relationship between internal entrepreneurship and individual adaptation performance and to analyze empirically the effect of supportive leadership on the relationship between internal entrepreneurship and individual adaptation performance. In order to do this, we conducted a questionnaire survey of employees in Busan Metropolitan Economic Area in September 2018 (for convenience, graduates of Pusan National University Business School and employees of local companies among current students). As a result, the mediating effect of emotional intelligence and the moderating effect of supportive leadership were verified in the relation between entrepreneurship and individual 's adaptation performance.