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Effects of Government Business Support Projects on Corporate Growth : Focusing on the moderating effect of growth stage and use of government support (정부 기업지원 사업이 기업성장에 미치는 영향 : 성장단계 및 정부지원 활용의 조절효과를 중심으로)

  • Kim, Su gil;Hyun, Byung-Hwan
    • Journal of Technology Innovation
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    • v.31 no.2
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    • pp.333-369
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    • 2023
  • In this paper, the effect of government corporate support projects on corporate growth was analyzed, and the effect on corporate financial performance or non-financial performance was empirically analyzed by using the growth stage as a modulating variable in government support activities. As a result, it was analyzed that government corporate support had a significant effect on financial performance, non-financial performance, and use of government support, and that the moderating effect of the growth stage had a positive (+) effect on both financial and non-financial performance. Taken together, the research results showed that government corporate support had a positive effect on corporate performance, the growth stage had a positive (+) effect on both financial and non-financial performance, and the impact on financial performance was even greater. Accordingly, government support projects must be supported according to each company's growth stage, and during the decline, companies need to provide customized support according to the state of the company through industry and corporate analysis, and it is expected to be meaningful to improve the efficiency of the government's business support project.

Several Concepts of Industrial Innovation Policy and their Weights in Diverse Countries: Policy Implications for Korea (산업혁신정책의 주요 담론들과 그 정책목표의 국제 비교: 한국에의 시사점)

  • Keun Lee;Joonyup Kim
    • Journal of Technology Innovation
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    • v.31 no.2
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    • pp.1-27
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    • 2023
  • This study first reviews the evolving literature on industrial innovation policy and thereby identifies three main goals of such policy. The first goal is traditional industrial policy aiming growth of existing and future industries, the second goal is sustainable development and quality of life, and third goal encompasses the issues related to supply chain and economic security. Then, the paper evaluates industrial innovation policy goals of the five economies (United States, China, Germany, Japan, and Taiwan) in terms of the relative weights given to each goal by each economy, and derives implications for Korea. The United States emphasizes economic security and supply chain stability amid its rivalry with China. In contrast, China focuses more on traditional industrial policies but has recently begun to consider supply chain and economic security. Germany and Japan tend to give similar weights to each of the three goals. Taiwan follows this trend with a new and additional emphasis on economic security given the rising threats from China. For Korea, economic security may not be the top priority, unlike the two super-powers. Instead, it seems more appropriate for Korea to follow Germany or Japan to prioritize supply chain stability and technology sovereignty, and, at the same time, fostering future growth industries must be still an important goal. Further, the concept of economic security for Korea should include promotion of defense industry and food security.

Identifying Travel Satisfaction in Mega Commuting Trip Using Rasch Modelling (Rasch 모형을 적용한 광역교통서비스의 서비스 수준 평가 분석)

  • On, Seojun;Kim, Suji;Jang, Kitae;Kim, Junghwa
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.43 no.5
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    • pp.639-650
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    • 2023
  • Economic development has resulted in the concentration of population and industry in the metropolitan area. Additionally, the Republic of Korea is experiencing this phenomenon, with more than half of the population living in the Seoul capital area. To alleviate this concentration of population, the Korean government implemented the new town development policy. Unfortunately, this has led to an increase in the commuting population, causing an imbalance in transportation services due to financial and policy differences in each region. This paper analyzes the level of user satisfaction with mega commuting in three aspects: mobility, accessibility, and connectivity. To objectively assess the level of user satisfaction, which is qualitative data, the Rasch Model is used to analyze the collinearity of user data. The results indicate that the level of user satisfaction differs by region, and service satisfaction with mobility is lower than that with accessibility and connectivity. Therefore, prior to the introduction of new town policies, it is necessary to develop metropolitan transportation infrastructure.

A Case Study of Hyundai Motors: Live Brilliant Campaign for Modern Premium Brand

  • Choi, Myounghwa;Lee, Yoonseo;Koo, Kay Ryung;Lee, Janghyuk
    • Asia Marketing Journal
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    • v.16 no.4
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    • pp.75-87
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    • 2015
  • As more companies become interested in global markets, it has become crucial for firms to create globalized brands whose positioning, advertising strategy, personality, looks, and feel are consistent across nations. The purpose of this study is to investigate the global branding strategy of the Hyundai Motor Company (hereafter HMC) in order to show how the company processes its branding strategy. HMC, one of the leading global companies in the automobile industry, set up its brand identity as "Modern premium", in alignment with their new slogan "New Thinking New Possibilities", in 2011. The aim of the "Modern premium" concept was to provide consumers with new experiences and values beyond their expectations. HMC wanted their consumers to think of their cars as not only a medium of transportation but as a life space, where they can share experiences alongside HMC. In an effort to conduct consumer research in 5 different nations, HMC selected "brilliant" as a key communication concept. The word "brilliant" expresses the functional, experiential, and emotional dimensions of HMC. HMC furthermore chose "live brilliant" as a key campaign message in order to reinforce their communication concept. After this decision, the "live brilliant" campaign was exhibited through major broadcast channels around the world. The campaign was the company's first worldwide brand campaign, where a single message was applied to all major markets, with the goal of building up a consistent image as a global brand. This global branding strategy is worth examining due to its significant contribution to growth generation in the global market. Overall, the 'live brilliant' global brand campaign not only improved HMC's reputation image-wise, with the 'Modern Premium' conceptualization of the brand as 'simple', 'creative' and 'caring', but also improved the consumer's familiarity, preference and purchase intention of HMC. In fact, the "live brilliant" campaign was a successful campaign which increased HMC's brand value. Notably, HMC's brand value increased continuously and reached 9 billion US dollars in 2013, leading it to reach 43rd place in the Global Brand Rankings according to the brand consulting group Interbrand. Its brand value largely surpassed that of Nissan (65th) and Chevrolet (89th) in 2013. While it is true that the global branding strategy of HMC involved higher risks, it was highly successful according to cross-nation consumer research. Therefore, this paper concludes that the global branding strategy of HMC made a positive impact on its performance. We further suggest HMC to combine its successful marketing with social media such as Facebook, Twitter, and Instagram and embrace digital media by extending its brand communication horizon to the mobile internet

The Opportunities for New Filters in the Developing Low Tar Markets (저타르 담배의 시장증대에 따른 새로운 필터의 역할)

  • Shepherd, R.J.K.;Taylor, M.J.
    • Proceedings of the Korean Society of Tobacco Science Conference
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    • 1997.10a
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    • pp.79-90
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    • 1997
  • The world-wide cigarette market is becoming increasingly regulated. This involves restrictions on the freedom to advertise, restrictions on where people can smoke, and in some ways of most importance, limits on cigarette smoke deliveries. In particular, in an increasingly large number of countries maximum tar legislation is being enacted. In many cases, such as the European Union, this type of legislation is progressive and over time it is entirely conceivable that maximum permitted tar deliveries will be reduced to as low as 5 mg, possibly with additional restrictions on smoke nicotine deliveries. In addition, the pace of change is increasing as more and more countries embark on tar reduction programmes. The key challenge facing the cigarette industry is to manage these changes in such a way which ensures that product acceptability is maintained at as high a level as is possible in these circumstances. There are a number of ways of achieving this involving filter ventilation, modifying blends and using different filter constructions The real innovation comes when combining these in a way that gives the most acceptable balance of all these competing variables as far as the smoker is concerned. Undoubtedly, the nature of the filter is of crucial importance in designing the most acceptable low tar products, and this paper will discuss some of the filter types which are currently in use in the various low tar markets around the world. Also, some thoughts about the future in terms of new filter developments will be presented.

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On the Analysis of Transportation System in Mokpo Port (목포항 운송시스템의 분석에 관한 연구)

  • Nam, M.U.;Lee, C.Y.
    • Journal of Korean Port Research
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    • v.11 no.2
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    • pp.321-337
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    • 1997
  • Rapid change in the technological environment of marine transportation and the development of the ocean shipping industry have fostered a revolution in the port system. This in turn has caused major changes in the function and use of port in Korea. Aside from this. Mokpo Port, however continues to decline, because the existing port facilities and related subsystem are already obsolete with no chance of regaining operational effectiveness and treatment for proper implementation. Although a few studies have been done on the Mokpo Port, has not been found, any reseach for the analytical approach to the transportation system of it. This paper aims to make an extensive analysis of the physical distribution system in Mokpo Port focusing on the coordination of subsystems such as navigational aids system, quay handling and transfer system, storage system and inland transport system. The base of introduced simulation tool here is the queueing theory. The overall findings are as follows; 1. Among those vessels called at Mokpo Port in 1994, the average size of oceangoing vessels is 4,922.1 G/T, and the domestic is 317.8 G/T. The average arrival interval and service time of the domestic vessels are 6.0 hours and 24.1 hours respectively marking the berth occupation rate over 100%. Those for oceangoing vessels are 34.5 hours, 120.0 hours and 37.2%. In order to maintainin the berth occupation rate to 70% the capacity considering the 1994 of domestic piers must be extended to 145% and oceangoing vessels must be increased to 165% year called. 2. The capacity of approaching channel is enough to handle the total traffic volume. 3. Tugs are sufficiently being provided to handle all ships requiring their services 4. The capacity of storage and inland transportation systems are sufficient to handle the throughput and the yard stroage utilization rate of No.1 $\cdots$ No.5 is 4.5% and No.6 1S 30% of 1993's. 5. The utilization rate of LLc(Level Looping Crane) and PNT(PNeumaTic) are 2.7% and 18.8%, respectively. Practical solution and proposal for improvement of Transportation System in Mokpo Port are as follows; 1. To avoid the congestion in domestic pier introduction of a new port operation system is necessary allowing the domestic vessel to use the oceangoing pier. 2. To establish the port management information system to improve the efficiency of port operation. 3. To build a new storage system for high valued cargos including modernization of the present storage and handling system. 4. To insure the safety of navigation in approaching channel, The Vessel Traffic System including separation scheme is introduced. 5. To interest enormously on public relation to ship owner's association, shippers and consignees by showing that they can save cost and ship turnaround time in order to promote the call to Mokpo Port. At last, to be strategically change the function of Mokpo Port to the Leisure, Fishing & Ferry as well as Maritime port.

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A Study on Drying and Carbonization of Organic Sludge from Sewage Plant and Petrochemical Industries for Energy and Resources Recovery (하수슬러지 및 석유화학산업단지 폐수슬러지의 에너지화와 재활용을 위한 건조 및 탄화에 관한 연구)

  • Jun, Kwan-Soo;Hwang, Eung-Ju;Kim, Hyung-Jin
    • Clean Technology
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    • v.15 no.3
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    • pp.154-164
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    • 2009
  • In 2007, 94% of organic wastewater sludge from industries located in Ulsan was disposed of by ocean dump. The ocean dump of organic sludge would be totally prohibited by the year of 2012. However, there is no alternative but incinerating the sludge from the industries located in Ulsan. Securing the technology for sludge treatment and on-land disposal is very important issue among the industries in the Ulsan Petrochemical Industry Complex. In this study, the material aspects of dried and carbonized sludge as a fuel were evaluated for petrochemical and sewage sludge from Ulsan. The dried and carbonized sludges from the factories producing terephthalic acid, BTX, propylene, chemical textile, etc. of which the low heat value exceeded 3,000 kcal/kg had high potential as a fuel according to the results of thermal characteristic analysis. However, the dried sludges with heat values lower than 2,100 kcal/kg and carbonized sludges, lower than 1,100 kcal/kg containing more Inorganic material from the industries producing pulp, paper, methylamine, amide, etc. had a little potential to be used as a fuel. In most cases, drying the sludge showed better results than carbonization in the aspect of thermal characteristics of sludge.

Early Prediction of Fine Dust Concentration in Seoul using Weather and Fine Dust Information (기상 및 미세먼지 정보를 활용한 서울시의 미세먼지 농도 조기 예측)

  • HanJoo Lee;Minkyu Jee;Hakdong Kim;Taeheul Jun;Cheongwon Kim
    • Journal of Broadcast Engineering
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    • v.28 no.3
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    • pp.285-292
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    • 2023
  • Recently, the impact of fine dust on health has become a major topic. Fine dust is dangerous because it can penetrate the body and affect the respiratory system, without being filtered out by the mucous membrane in the nose. Since fine dust is directly related to the industry, it is practically impossible to completely remove it. Therefore, if the concentration of fine dust can be predicted in advance, pre-emptive measures can be taken to minimize its impact on the human body. Fine dust can travel over 600km in a day, so it not only affects neighboring areas, but also distant regions. In this paper, wind direction and speed data and a time series prediction model were used to predict the concentration of fine dust in Seoul, and the correlation between the concentration of fine dust in Seoul and the concentration in each region was confirmed. In addition, predictions were made using the concentration of fine dust in each region and in Seoul. The lowest MAE (mean absolute error) in the prediction results was 12.13, which was about 15.17% better than the MAE of 14.3 presented in previous studies.

Building the University Entrepreneurial Ecosystem towards Hub University at Seoul National University in Korea (서울대 창업생태계의 형성과정과 허브 대학으로의 변화)

  • Soyeong Jung;Yangmi Koo
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.4
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    • pp.469-483
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    • 2022
  • This paper aims to examine how and why the role of Seoul National University has evolved through the formation of Seoul National University's entrepreneurial ecosystems (SNUEEs). To identify this, we used secondary data on SNU entrepreneurship and did in-depth interviews with 17 student entrepreneurs and supportive actors in the ecosystems. First, the university-industry cooperation policy and the first start-up boom in the late 1990s gave rise to the first generation of SNUEEs. They entered the second generation with the second start-up boom in 2010. The third generation emerged through the government's start-up support policy and the venture investment market revitalization in 2017. Second, SNUEEs have experienced transformations of the university's role from an 'ivory tower' to a 'feeder of knowledge and labor' and have become a 'hub of knowledge networks.' Third, hub institutions and organizations were established and supported by government policies, and networks of SNUEEs have been embedded in these hub institutions and organizations. SNUEEs as a hub university are evolving through the formation of a voluntary entrepreneurial culture by student entrepreneurs, the supportive policy at the university level, and the establishment of linkages with the region where the university is located.

Evaluation of Correlation between Subgrade Reaction Modulus and Strain Modulus Using Plate Loading Test (평판재하시험을 이용한 지반반력계수와 변형률계수의 상관관계 평가)

  • Kim, Dae-Sang;Park, Seong-Yong;Kim, Soo-Il
    • Journal of the Korean Geotechnical Society
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    • v.24 no.6
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    • pp.57-67
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    • 2008
  • Two test methods, nonrepetitive plate loading test (NPLT) and repetitive plate loading test (RPLT) are being used to control the quality of compaction through the evaluation of the stiffness of subgrade soils in the Korea railway industry. Subgrade reaction modulus ($k_{30}$) from the NPLT and strain modulus ($E_v$) from the RPLT are the index values to check them. The methods have similar aspects, but they differ in the modulus evaluation method, the numbers of loading stage, termination procedures, etc. This paper analyses the differences of the two test methods and evaluates the relationship between subgrade reaction modulus and strain modulus. In order to develop the relationship, total 22 tests were performed including the NPLT and the RPLT at the 6 original grounds, and 5 upper or lower subgrades in Kyungbu High Speed Railway II stage construction sites. According to the soil conditions, the relationship between subgrade reaction modulus and strain modulus was proposed with corrections by considering strain states, mean confining pressures, and Poisson's ratio.