• Title/Summary/Keyword: small and medium sized enterprises

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External Information Network Diversity and Production Management Capability in IT SMEs in the Age of Digital Convergence: The Mediating Effect of Manufacturing Capability (디지털 융합시대에 IT 중소기업의 외부정보네트워크의 다양성과 생산관리능력: 제조능력의 매개효과를 중심으로)

  • Hau, Yong Sauk
    • Journal of Digital Convergence
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    • v.13 no.9
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    • pp.99-104
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    • 2015
  • The production management is one of the essential capabilities of the small and medium-sized enterprises (SMEs) in the information technology sector (IT). Therefore, this study empirically analyzed the effects of such important factors as external information network diversity and manufacturing capability on IT SMEs' production management capability. Based on the 310 data collected from Korean SMEs in the IT sector, the ordinary least squares regression results from this study by using the SPSS version 22 have empirically shown that IT SMEs' external information network diversity has a positive and significant effect on their production management capability and this effect is fully mediated by their manufacturing capability. These findings provide a meaningful implication that the positive impact of IT SMEs' external information network diversity is linked to their production management capability through their manufacturing capability.

A Case Study on the Practices of Leadership Development by Small and Medium-Sized Enterprises in Korea (국내 중소기업 리더십 개발 실행 사례연구)

  • Heo, Tae-Yeon;Cho, Young-Bohk
    • Journal of Digital Convergence
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    • v.20 no.4
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    • pp.343-352
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    • 2022
  • This study attempted to suggest a useful measurement method based on previous. For the empirical analysis of this study, based on the previous studies presented above, the effect of HRM strategy fit on leadership development execution was examined, and the mediating effect of the leadership development attitude of the owner-managers was verified. The questionnaire was set based on the questionnaire verified and used in previous studies, and for empirical analysis, 300 paper of the questionnaire were collected and the entire collected questionnaire was used for statistical analysis. As a result of analyzing the effect of HRM strategy fit on leadership development execution, it was verified to be statistically significant.

A Study on Data Compliance Measures of Digital Healthcare Service - Focusing on Personal Information Lifecycle (디지털 헬스케어 서비스의 데이터 컴플라이언스 방안에 관한 연구 - 개인정보 라이프사이클을 중심으로)

  • Jung, Jaeeun;Yang, Jinhong
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.15 no.2
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    • pp.134-143
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    • 2022
  • 'Data' is the key component that leads Digital Healthcare. Most of the Healthcare Data is personal information of data subject and includes Sensitive Information. It is very important for companies to use data lawfully and safely during the lifecycle of data collection, use, provision, and destruction. However, small and medium-sized enterprises(SMEs), ventures, and startups, which account for 78% of the Healthcare Services Industry, have had difficulties in performing tasks related to personal information protection. The personal Information Protection Act's requirements depending on the purpose of using Personal Information are different. Also, the requirements for each personal information lifecycle are varied. Therefore, this study suggests six purposes for companies to use healthcare data. It examines the considerations during the lifecycle in which personal information is collected to be destroyed.

The Effect of Leader' Abusive Supervision on Employees' Knowledge Hiding and Job Engagement in Chinese SMEs: Testing the Mediating Effect of Trust in Leader (상사의 비인격적 감독이 중국 중소기업 구성원들의 지식은폐와 직무열의에 미치는 영향: 상사신뢰의 매개효과 검증)

  • Du, Jiaxing;Jang, Junho
    • Journal of Digital Convergence
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    • v.20 no.5
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    • pp.107-117
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    • 2022
  • Due to the continuous spread of COVID-19 and the overall decline of the global economy, the business environment of Chinese SMEs is poor, the level of abusive supervision among managers of Chinese SMEs has generally risen state. First of all, the management' abusive supervision has a negative impact on the members' trust in leader. Secondly, the members' trust in leader has a negative impact on the members' knowledge hiding. However, the members' trust in leader has a positive impact on job engagement. Accordingly, this study puts forward some revelations on how to reduce the management' abusive supervision in Chinese small and medium-sized enterprises and the members' knowledge hiding, as well as how to improve the members' knowledge hiding and job engagement.

The Impact of Digital Transformation on Business Financialization: Mediating Effect of Green Technology Innovation (디지털 혁신이 기업 재무활동에 미치는 영향: 녹색기술혁신의 매개효과)

  • Kyung-Iihl Kim
    • Advanced Industrial SCIence
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    • v.2 no.4
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    • pp.17-27
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    • 2023
  • The purpose of this study is to improve the efficiency of digital conversion by presenting factors that domestic small and medium-sized manufacturers should consider when attempting digital conversion. Using SME data from 2019 to 2021, we analyze the impact of digital transformation on the financialization of enterprises and which digital technologies affect financialization, and further analyze the mediating effect of green technology innovation between digital transformation and business finance. did The results of the study support the negative impact of digital technologies on corporate finance, and cloud computing technologies have been found to significantly inhibit the level of corporate finance. In addition, it was found that green technology innovation plays a mediating role in suppressing corporate financialization by promoting green technology innovation through digital transformation. Digital transformation influences corporate decision-making through green technology innovation, suggesting that the combination of digital technology and green projects should be considered.

Determining Subsidies for Banks in Policy Loans to Innovative SMEs (혁신형 중소기업 정책금융에 대한 금융기관 지원금 결정모형)

  • Kim, Sung-Hwan;Seol, Byung-Moon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.34 no.2
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    • pp.1-13
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    • 2009
  • In this paper, we develop theoretical game models to determine the level of government subsidies for banks to provide policy loans to Innovative SMEs(small and medium sized enterprises) through banks, which otherwise would not finance them for the sake of their own profitability. For this, we compare net cash flows of each bank using different strategies against high risk innovative SMEs. A bank can decide whether to provide them loans or not In each period. Following Kim(2003)'s Infinite horizon model on the soft budget constraint, we introduce a situation in which banks compete against each other for higher net long-term payoffs from their loans to innovative SMEs and non-innovative SMEs. From the models, we show that competition among banks in general leads to a tighter decision against innovative SMEs, as a Nash equilibrium. It is not because the government bank is simply loose in providing loans, but because competition among commercial banks for fewer riskier borrowers results in tighter loan decisions against innovative SMEs. Thus, the competitive market for policy loans to innovative SMEs fails to reach the socially optimal level of loans for innovative SMMs. Commercial banks in the competitive market may require additional supports from the government to make up for the differences in their payoffs to support innovative SMEs, possibly much riskier due to moral hazards and poor discounted cash flows. The monopolistic government bank might also request such supports from the government to fund otherwise unqualified SMEs. We calculate an optimal level of governmental support for banks to guarantee funding such high-risk innovative SMEs over periods without deviating from their optimal Nash equilibrium policies.

Business Dynamism and Youth Jobs (기업 성장과 청년 일자리)

  • Kim, Jungho;Choi, Kyungsoo
    • Journal of Labour Economics
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    • v.41 no.2
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    • pp.1-29
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    • 2018
  • The paper reviews the trend of youth employment in Korea in recent years and examines whether the change in labor demand through declining business dynamism is one of the causes. The analysis based on Employment Insurance database finds that the rate of job creation declined over the period from 1999 to 2014 and that the job creation of small- and medium-sized enterprises fell sharply. This is partly explained by entry of fewer firms than before given that young firms tend to experience rapid employment growth. In fact, it is confirmed that the share of firms under age 6 in employment level and job creation declined. The finding that young firms employ young workers more than old firms suggests that a smaller role of young firms in the economy had a negative effect on youth employment.

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Analyzing the Characteristics of Open Innovation Activity and the External Collaboration Network in SMEs (중소기업의 개방형 혁신활동 특성과 외부 협력 네트워크 분석)

  • Lee, Hee-Yeon;Lee, Se-Won
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.2
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    • pp.147-165
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    • 2012
  • Recently, the theory of open innovation emerges as a new innovation paradigm. This paper aims to examine open innovation activities of SMEs. Many firms tend to search new knowledge from various external sources and to pursue to achieve innovation resources or knowledge of external innovators. Particularly, this paper focus on the process of external knowledge networking and open innovation occurred in the process of technology innovation. The data used in this study were those that had been collected for total 3,400 sample SMEs that had conducted R&D. and in-depth interviews were conducted with 14 SMEs located at Chungbuk-Technopark. Empirical findings can be summarized as follows; SMEs tend to search new knowledge from various external sources and to pursue to achieve innovation resources or knowledge of external innovators, because they have lack of innovation resources. therefore, the conducting of open innovation affected positively the innovation performance of SMEs. In addition, empirical findings also indicated that expanding flexibility of labor market enhances open innovation activities of SMEs.

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SMEs' External Technological Information Network Diversity and Sales Growth : The Mediating Impact of the Productivity Improvement and the Moderating Effect of the Technology Development Driven by CEO (중소기업의 외부 기술 정보 네트워크의 다양성과 매출 성장 : 생산성 향상의 매개 효과와 최고경영자가 주도하는 기술 개발의 조절 효과)

  • Hau, Yong Sauk
    • Journal of Digital Convergence
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    • v.15 no.9
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    • pp.147-153
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    • 2017
  • This research empirically analyzes not only the direct impact of the external technological information network diversity of small and medium-sized enterprises (SMEs) on the sales growth from their technology development but also the mediating impact of their productivity improvement and the moderating effect of the technology development driven by CEO on this direct impact in order to deepen the research stream on SMEs' external technological information network. Based on the ordinary least squares regression by using 2,200 data of South Korean SMEs, this study reveals the three findings. First, SMEs' external technological information network diversity positively influences their sales growth from technology development. Second, SMEs' productivity improvement partially mediates this positive influence of the external technological information network diversity. Third, SMEs' technology development driven by CEO moderates the positive influence.

The Impact of TQM Activities cn the Business Performance of Small and Medium Sized Enterprises (중소기업의 TQM활동이 경영성과에 미치는 영향)

  • Lee, Jae-Sik
    • Management & Information Systems Review
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    • v.32 no.1
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    • pp.111-134
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    • 2013
  • Today, TQM is used as a important tool of management innovation for enterprise's competitive power. Purposes of this paper are to find out the implementation strategy of TQM activities for SMEs through the analysis which examine the relationship between key activity factors and business performance. This study has been conducted using the data collected from 116 SMEs implementing TQM activity. By analyses of the questionnaires, empirical results shows that TQM activities has positive effect on business performance. The contribution of this study is that it provides a conceptual framework and empirical evidence of the causal relationship between key activity factors and business performance. The result of this study can be used for selection of the performance measurement indicators for target achievement in TQM activity. And it will contribute for objectivity of activity performance in case of displaying measurement indicator showing the performance of TQM activity.

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