• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.1
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• pp.45-57
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• 2020

Among the fintech businesses that are actively developing around the world, payment and settlement are the most prominent. Korea has a well-developed IT industry and a good existing card payment environment, however, its innovative movement is overwhelmingly slower than that of other countries in the fintech. In this study, we try to assess the regulations on fintech and their impacts on the startup ecosystem by comparing the cases of U.S., China, and Korea. We have found that both the United States and China have lowered barriers to entry for the newly launched fintech industry, allowing startups and IT companies to start fintech businesses at the existing financial sector. Particularly the implementation of predictable regulations in U.S., and the failure to apply the financial regulations in China, help start-up companies' growth in the fintech industry. This finding provides us with a lesson that current positive regulations in Korea should gradually change into negative regulations, and predictable regulations that strictly enforce post-management except major items rather than pre-approval. The policy implications are discussed with the perspective of start-ups in fintech industry.

• The Journal of Bigdata
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• v.5 no.1
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• pp.65-75
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• 2020

This study intends to propose a policy plan for the activation of the Busan Blockchain Regulation-Free Zone, which is selected by the government's comprehensive negative regulation policy. Unlike Europe and the United States, Korea is based on a positive regulation and aims at suppression, not activation. The Korean government proposed a transition to "comprehensive negative regulation" as a groundbreaking regulatory innovation policy to solve the problems of positive regulation. For this implementation plan, seven regulation-free zones were selected. Busan was selected as the Blockchain Regulation-Free Zone, and secured an opportunity to revitalize the stagnant regional economy based on the blockchain. This study is a policy study for the activation of the Busan Blockchain Regulation-Free Zone, and aimed to propose a method to create an industrial ecosystem with the discovery of a Busan-specific Blockchain service that can be commercialized in the Regulation-Free Zone.

• Journal of the Korea Society of Computer and Information
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• v.25 no.8
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• pp.119-128
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• 2020

In this research, a survey was done on two hundred and forty-six elders who receive care through LTC to verify the effect of market attributes on the user satisfaction of the Long-therm Care Service. The collected data were analyzed through SPSS 23.0 statistics program. This study reveals the following results: First, in service tangibility, competitiveness, administrative regulation, organizational process, and autonomy in choice all have a positive relation with user satisfaction. Second, in the aspect of credibility, house ownership, competitiveness, administrative regulation, and freedom in choice show a positive-relation with user satisfaction. Third, in responsiveness, the scale of the organization, monthly income, competitiveness, administrative regulation, organizational process, and autonomy in choice have a positive effect on user satisfaction. Forth, in assurance ability, monthly income, competitiveness, administrative regulation, organizational process, and autonomy in choice also positively affected user satisfaction. Lastly, in the aspect of perceptual openness, competitiveness, administrative regulation, organizational culture, organizational process, and autonomy in choice show a positive relationship with user satisfaction.

• The Journal of the Korea Contents Association
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• v.16 no.3
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• pp.586-595
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• 2016

The difference of generation is the main cause of society transition. If we know about the gap of generations, then we know where we go in future. This study focus on the differences of a regulation recognition among the generations. When we understand the differences of regulation recognition among the generations, we can realize the trait of regulation in society. In result, there are a lot of differences of regulation recognition among the generations. The older they are, the more they are positive to regulation. And the younger they are, the more they are negative to regulation. In particular, 50's generation have the opposite regulation recognition to 20's generation in specialty of regulation and in a conglomerate regulation.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.17 no.4
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• pp.1-16
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• 2022

This paper studies the impact of regulatory approaches on innovation and entrepreneurship. As technological progress and environmental changes avail new business opportunities to innovative startups, many governments find it difficult to regulate new and unprecedented businesses promoted by the innovative firms. In order to provide academic and practitional implications on the regulatory design with which to support innovation and entrepreneurship, this paper aims to review classical theories on the demand and supply of regulation as well as empirical research on the impact of regulation on market entry and incentives for innovation. Based on the findings, this paper discusses the recent controversies around the regulatory approaches on new businesses pursued by startups, which are as known as the "positive regulatory approach" vs. "negative regulatory approaches" among practitioners and policy makers in Korea. This paper claims that the Korean context provides an useful opportunity to investigate how the ongoing transition of the once "fast follower" economy into a pacesetter one changes the nature of businesses pursued by firms, investors, and related market players and, accordingly, calls for the changes in the way the government intervenes in markets to regulate businesses of firms. By doing so, this paper sheds light on the role of the government in establishing an entrepreneurial ecosystem where innovative ideas of startups can be tested and nurtured.

• The Journal of the Korea Contents Association
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• v.16 no.5
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• pp.148-156
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• 2016

Party is the main factor in modern country. Therefore, there are a lot of articles about the difference of public policies and citizen's recognition according to their supported party. However, there is few research about the regulation recognition according to citizen's supported party. This study focuses on the differences of a regulation recognition according to citizen's supported party. In result, there are a lot of differences of regulation recognition according to citizen's supported party. The people who support Saenuri Party have a positive recognition about a necessity of regulation, a fairness of regulation, a reliability of a regulation. But the people who don't support Saenuri Party have a negative recognition about those. In Korea, government regulations have a lot of relationship with a party and politics.

• The Journal of the Korea Contents Association
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• v.15 no.6
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• pp.215-226
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• 2015

In this research, The impact factor based on previous studies was composed of attitudes, subjective norms, and executive organization. The purpose of this study was to analyze how these factors have affected on the behavior intention and the behavior the parking regulatory policy using The theory of reasoned action. In addition, The effect of moderate variable(residence, housing type) to be verified. Conducted a survey of the area that was subjected to the parking regulatory policy, and the survey result was analyzed. After verifying the hypothesis using structural equation modeling, Two factors (Attitude, subjective norm) were found to be on the positive effect on the behavior intention and Two factors (Attitude, executive organization) were found to be on the positive effect on the behavior. As a result of verifying the effect of moderate variable(residence, housing type), The residence variable showed a significant moderating effect on the relationship between attitudes and behavior and the housing type variable turned out a significant moderating effect on the relationship between enforcement agency and behavior. On the basis of this analysis, presented a practical way for regulatory compliance or Non compliance on the parking regulatory policy.

• Informatization Policy
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• v.27 no.3
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• pp.82-111
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• 2020

Recently, increasing use of big data have caused regulation factors of personal information and combination of pseudonymized information to emerge as key policy measures. Therefore, this study empirically analyzed the mediating effect and moderating effect of pseudonymized information combination as the third variable in the relationship between regulation factors of personal information and big data utilization. The analysis showed the following results: First, among personal information regulation factors, definition regulation, consent regulation, supervisory authority regulation, and punishment intensity regulation showed a positive(+) relationship with the big data utilization, while among pseudonymized information combination factors, non-identification of combination, standardization of combined pseudonymized information, and responsibility of combination were also found to be in a positive relationship with the use of big data. Second, among the factors of pseudonymized information combination, non-identification of combination, standardization of combined pseudonymized information, and responsibility of combination showed a positive(+) mediating effect in relation to regulation factors of personal information and big data utilization. Third, in the relationship between personal information regulation factors and big data utilization, the moderating effect hypothesis that each combination institution type of pseudonymized information (free-type, intermediary-type, and designated-type) would play a different role as a moderator was rejected. Based on the results of the empirical research, policy alternatives of 'Good Regulation' were proposed, which would maintain balance between protection of personal information and big data utilization.

• The Journal of the Korea Contents Association
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• v.13 no.11
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• pp.690-698
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• 2013

Advanced digital environment, ease of life would bring significant benefits, but rather indiscriminate access to information have occurred new social problems. Especially the youth and children using the Internet to increase in population resulting from harmful information on the Internet, concerns about the negative impact increases establish policies for the protection of youth and children emphasizes the importance of various activities international community. Despite major countries aim to self-regulation minimize the direct regulation through collaboration with the private sector cultivation and campaign, continuing education, Korea was analyzed that implement direct and coercive enforcement regulations such as 'internet game shut down' and insufficient social infrastructure to create activities. Therefore, in order to create a positive internet environment, self-regulation is essential with private experts and organizations based on cooperation and indirect regulation.

• Journal of Industrial Convergence
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• v.19 no.4
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• pp.29-35
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• 2021

Fintech, a new form of financial industry that converges IT, is developing rapidly in developed countries such as the US and China. The U.S. and China lowered barriers to entry through deregulation to develop and expand the fintech industry, and, for example, encouraged startup companies to incorporate various ideas through negative regulations that are more relaxed or do not apply regulations for a certain period of time. The U.S. and China did not apply existing financial regulations to the fintech industry, providing an environment where fintech startups could grow more easily. Currently, in Korea, fintech technologies such as 'Samsung Pay', 'Toss' and 'Kakao Pay' have been developed and are being activated, and also their scale is expanding. Although various systems are being reorganized and regulated for the development of Fintech, Fintech's growth rate is slow due to unfriendly and unopened regulations in the financial sector and various markets. This paper examines the status of fintech, focusing on advanced fintech and Korea, and examines fintech-related regulations that hinder the development of the fintech industry. We propose a more flexible way of easing excessive regulation in the financial sector, such as post-regulation.