• Title/Summary/Keyword: regional finance

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Developing Measurement Model and Indicators for Entrepreneurial Ecosystem: Focusing on Regional E-Ecosystem Indicator via Delphi Analysis (창업생태계 측정모형과 지표개발: 델파이분석을 통한 지역창업생태계 측정지표 개발)

  • Lee, Woo jin;Oh, Hye Mi;Kim, Do Hyeon;Kim, Jong Sung;Kim, Ga Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.15 no.4
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    • pp.1-15
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    • 2020
  • As the entrepreneurial ecosystem turns out to be a leading factor in improving nation's entrepreneurship, many studies are underway in the country to develop the start-up ecosystem. Although the entrepreneurial ecosystem is receiving attention as an essential factor for the nation's economic growth as well as entrepreneurship due to its inter-relationship with start-ups, government agencies and investors, criticism of measurement indicators has been increasing due to the different institutional and political contexts of each country, including the various definition of start-up ecosystem. In this study, we develop indicators that are suitable for domestic conditions in Korea and that can measure the level of start-up ecosystems in each regional level. FGI and Delphi surveys by scholarly experts in each field of start-ups & entrepreneurship were conducted to verify how well existing indicators fit the domestic situation and to develop indicators that can measure the local entrepreneurial ecosystem in Korea through close examination. As a result, the local entrepreneurial ecosystem consisted of three to four sub-components and 38 sub-components, each consisting of seven indicators, including Policy, Investment, Culture, Market, Human Capital, Support and Knowledge. It is expected that this research will be used to diagnose local start-up ecosystems and to propose discriminatory policies that can complement regional strengths and weaknesses.

Determinant Factors for Expenditure of the Medical Insurance Program for Self-Employeds (지역의료보험(地域醫療保險) 재정지출(財政支出)의 결정요인(決定要因))

  • Kam, Sin;Park, Jae-Yong;Yeh, Min-Hae
    • Journal of Preventive Medicine and Public Health
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    • v.28 no.1 s.49
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    • pp.153-174
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    • 1995
  • This study was conducted to examine the determinant factors for expenditure of the medical insurance program for self-employeds based on the analysis of 1991 'The Medical Insurance Program for Self-Employeds Statistical Yearbook', and also similar yearbooks in the metropolitan and other provinces. The major findings are as follows : We have divided benefits into these four components such as the utilization rate for out-patients, expenses per claim for out-patients as paid by the insurer, utilization rate for in-patients, and the expenses per claim for in-patients as paid by the insurer, in order to examine the determinant factors for it. The results of the study revealed the following findings, in urban areas, the supply of medical care had more influence on the benefits than other demographic and economic variables, while, in county areas, both the supply of medical care and the rate of those aged over 65 affected the provision of benefits. The determinant factors for financial balance of the medical insurance program for self-employeds are, first, the determinant factor for administrative expenses was the number of households. The more the number of households, the less the administrative expenses per the insured. This shows that the economy of scale is being. And so, the administrative district must be taken into consideration in the incorporation of small regional medical societies and should be re-organized for more efficient management. Second, in urban areas, the supply of medical care had more influence on utilization rate and expenses per claim as paid by insurer, and therefore it is necessary to control it. In county areas, the supply of medical care and the rate of those aged over 65 raised the utilization rate and expenses per claim as paid by insurer. For the financial stability of county areas, a common fund for medical care for the aged and expansion of finance stabilization fund would be necessary. But, in county areas, it would be unnecessary to control the supply of medical care because it was much more insufficient than in urban areas. The vitalization of public health facilities must be carried out in county areas, for they reduced benefits. Sice the more insured in a single household, the less the utilization of the medical insurance program, benefits for habilitation at home should be given consideration. The law of majority and the economy of scale were applied here, and therefore the incorporation of regional medical societies must be taken into consideration. In integrating regional medical societies, it would be absolutely necessary to review the structural differences among all regional medical societies, the medical demand of each region, and also the local characteristics of each region.

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The Change Process of River Management Policy and the Factors of Dam and River-mouth Weir's Problems in Japan (일본 하천관리정책의 변화과정과 댐.하구언 문제의 요인)

  • Ito, Tatsuya;Lee, Chul Woo
    • Journal of the Korean association of regional geographers
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    • v.20 no.2
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    • pp.176-188
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    • 2014
  • Since the late 1990s, a nationwide movement against dam and river-mouth weir plans in Japan has been promoted with a movement against a river-mouth weir for the Nagara river(長良川). This movement has been a catalyst for institutional frameworks on the central government's dam and river-mouth weir plans. Subsequently, water resource and river management policies have entered a new phase, with provinces governors's participation in "Statements on withdrawal from dam and river-mouth weir" as well as the seizing of power by the Democratic Party. However, problems with dams and river-mouth weirs have been confused due to poor countermeasures from the Democratic Party and to the Liberal Democratic Party(LDP)'s return to power. The fundamental causes on this situation are the non-establishment of fiscal norms for public projects and the rigidity of the water-right allocation system in Jananese policy-making processes. To successfully settle future policy on water resources and rivers, the first priority is to prepare specific institutional frameworks on finance of public projects and to organize a practical policy coordination system among government organizations. These policy tasks provide implications for river and water management policy in Korea.

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The Consciousness and Implication of Manufacturing and Non-Manufacturing Firms on Corporate Finance in Pusan Region (부산지역 제조기업과 비제조기업의 기업금융에 대한 의식과 함의)

  • Choi, Jin-Bae
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.4
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    • pp.583-602
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    • 2011
  • Based on the survey, this paper examines entrepreneurs' attitude toward corporate lending in Pusan region. The results show that the relationships of manufacturing firmswith banks are different from those of non-manufacturing firms. These are mainly due to the differences in the operational grounds between them. The non-manufacturing firms have their operational ground in Pusan, thus they have local banks as their mainbanks and depend heavily on mainbanks' credits. However the business network of the local banks is not broad enough to satisfy the manufacturing firms financial service needs. Therefore, the manufacturing firms maintain close relationship with not only regional local banks but also other banks. The results of the study demand the local banks to produce information of the regional firms and to monitor them more widely and tightly. One of the important contributions of this paper is that it has succeeded in making clear the importance of relationship banking of the local banks.

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A Study on a Residents' Consciousness and a Attitude toward Participation for Development of Ecotourism in a Mountain Villages -Focused on the Mt. Ungil on Namyangju and Hwangdun-ri in Wonju- (산촌지역 생태 관광 개발에 대한 주민의식과 참여에 관한 연구 -경기도 남양주시 운길산 지역과 강원도 원주시 황둔리 지역을 중심으로-)

  • Yun, Hoa-Young;Kim, Dong-Suk
    • Korean Journal of Environment and Ecology
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    • v.22 no.3
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    • pp.280-288
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    • 2008
  • The purpose of this study was to propose a method of the Residents' Participation for the ecotourism and the sustainable development of mountain village. A questionnaire survey of 190 residents on their life in the mountain village was conducted. The survey site was in excellent condition of natural environment and access route. In the result of survey, the residents have positive opinions on the development of ecotourism, and are willing to participate in the device stage of plan for development. It has been shown that the most important thing in the development of ecotourism is the increase of personal income and regional finance under the premise of conservation of natural environment. It was apparent that the prior consideration of the development is the improvement of system and related laws.

Agricultural issues under FTA between Korea-United States (한.미 FTA 농업부문에 관한 연구)

  • Kim, Jong-Rack;Lee, Ju-Seob
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.441-463
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    • 2009
  • FTA is acting as a central axis to accomplish the worldwide trade liberalization as FTA has been globally spreading with competition. As the global economic depression and the trend of new protectionism are getting grave, and the trade liberalization of GATT and WTO is getting delayed, FTA is spread as an alternative. FTA is often called as RTA: Regional Trade Agreement(regional free trade agreement) which takes place mainly around the neighbor nations or regular districts, and these days, it is tending towards agreements between long distant nations, so, it's not limited to the regular districts. Among the FTA agreement items, in addition to the customs abolition, the opening and investment liberalization of service market like finance, communication etc., intellectual property rights are included in the government's target range. Korea also is actively proceeding FTA conclusion. Korean government has concluded the agreements with Singapore, european nations beginning from Chile concluded in 2003, and is proceeding more the negotiations with Japan, Canada, Mexico, India etc. Now in 2009, FTA of Korea-United States is actually waiting for just the passage of assembly ratification. But, if FTA becomes effective, because our domestic market should be entirely opened, it is expected that the blow against our domestic agricultural field which is weak, compared with that of the United States, a nation of worldwide agricultural products, is not an ordinary one. According to it, we need a whole plan to cope with, so, the purpose of this study is to suggest the strategy by comparing and analysing the Korean agricultural competitive power, and to find the other development stratagem.

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The Meaning and Symbolism of Skyscrapers (마천루의 의미와 상징성에 관한 연구)

  • Koo, Donghoe
    • Journal of the Korean association of regional geographers
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    • v.21 no.4
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    • pp.691-703
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    • 2015
  • The purpose of this study is to examine the various concepts related to tall buildings, the history of skyscrapers, and their symbolism of our time. First, skyscraper is a word used to describe a very tall building, and the "tall" is a relative concept dependent on time and place. There is no firm height cutoff of skyscrapers, and their practical meaning depends on both time and place. Second, there is academic disagreement over which building should be considered the first skyscraper. Skyscrapers in the modern sense began to emerge in the late nineteenth century. From this point, the world's tallest building was always in the United States (especially, New York and Chicago). However, since the late 1990s, the skyscrapers in Asian countries have taken the title of world's tallest building. Third, skyscrapers are not simply tall buildings, but symbolic images. They are symbols of capitalism, finance, and ambition. The symbolism of the skyscraper has three dimensions, such as the symbolism of height (size), capital (corporate power), and landscape.

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A Study on The Housing Consumption Problem in Young Single-Person Household - Focusing on Reduction of Housing Area - (서울시 청년 1인 가구 주거 문제 분석 - 주거소비 면적 감소 현상을 중심으로 -)

  • Jo, Haeun;Kim, Euijune
    • Journal of the Korean Regional Science Association
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    • v.34 no.1
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    • pp.49-60
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    • 2018
  • The purpose of the study is to analyze the housing problems of single-person household in 20-35 age group. Using the survey of Household's Consumption in 2014, we estimated the housing demand function of young single-person household in Seoul. As a result, the coefficient of the permanent income for young single-person household housing was significantly lower than other groups and the housing demand was also lower than others. Since current income isn't come up to permanent income enough, the housing consumption of young single-person household shrinks. It implies the role of the housing financial market is less activated. That is, the difficulty of realization of permanent income and lack of housing finance are the main cause of the imbalance of housing demand of one young person. Therefore, it implies that in order to alleviate the housing problem of the young single-person household, a policy to balance the permanent income with the housing demand is needed.

An Empirical Analysis on the Fiscal Crisis of Local Governments in Korea (지방자치단체의 '재정위기'에 대한 실증분석)

  • 김범식;박원석;송영필
    • Journal of the Korean Regional Science Association
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    • v.15 no.1
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    • pp.75-92
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    • 1999
  • In this study, the present state of fiscal crisis for local governments after IMF is analyzed, firstly. its implications Characteristics of structural reform of finance after IMF bailout in Korea are examined, secondly. Since Korea was shocked by the currency crisis at the end of 1997, its local governments have also faced fiscal difficulties. The Depression of national and local economies led to decreases in tax revenues of local governments. And these shrunken revenues led to their expenditure cuts. Many investment plans were curtailed, and ordinary expenditures were also reduced sharply. The negative influences of the currency crisis on local government's finances can be examined in terms of fiscal revenue, fiscal spending, and debt burden. As a result many local governments are now experiencing fiscal stress, and some of them are even faced with fiscal crisis although the possibility of extreme measures, such as moratoriums or bankruptcies, is very slim. This is due in part to the weight of debt in local governments' budgets having remained small since the debt of local governments has been controlled by the central government. Another reason is that, central government, which functions as a lender of last resort for the local governments, will pay the debt for them. Also, without a legal system which stipulates the adjudication of bankruptcy for municipalities in Korea, local Korean governments have no legal right to declare bankruptcy. Although not a single municipality has fallen into insolvency, yet, this trend will continue to deepen as the recession continues and may lead to a situation where manu local governments fall into virtual bankruptcy in the near future, and its effects on society, as a whole, will be serious. Therefore, measures to prevent and overcome such an extreme situation are necessary, but both short-and long-term policies should be to cope with the current fiscal crisis and to prevent the deepening of the current situation.

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The Development and Prospect for Economic Geography in a Knowledge-Information-Based Society (지식정보사회의 경제지리학 발전과 과제)

  • Han, Ju-Seong
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.3
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    • pp.273-301
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    • 2008
  • This study aims not only to examine the globalization, imformationization, and networking as background of knowledge-information-based society, but also to clarify the research fields of 'geography of knowledge' and further research themes for economic geography in a knowledge-information-based society. As a result of globalization, the degree of regional disparity, which had decreased with neoliberal policy in Europe and America in 1980's, has increased in early development states such as China and Eastern European countries. In opposition to the globalization that has led to increasing regional disparities at a global scale, many scholars argue that grassroots globalization or globalization from below is needed. Based on a pessimistic view on globalization, many maintain that unequal access to information has enlarged the gap between rich and poor. They also argue that the study of the geography of poverty is crucial in oder to solve the problem of bipolization. According to the world system theory, spatial grasp of commodity chains, actors' diversities, flows towards innovation in learning knowledges, and geographical, organizational, and institutional proximities are intertwined. Because these elements make significant influences each other in social networks, the interrelationships among those elements should be carefully considered. A 'geography of knowledge' deals with manufacturing, finance and service, media, cultural, and creative industries. Former researches in economic geography have tended to deal with those industries separately without attempting to make meaningful linkages among discussions on those industries.

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