• Journal of Digital Convergence
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• v.14 no.12
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• pp.73-84
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• 2016

The purpose of this study is to examine the global value chain of the global automotive industry to investigate the success factors through the example of the value chain of Hyundai Motor. It looks at the value chain of the well-known Korean automaker, Hyundai Motor, to find success factors with cases. It examines the process to build the supply chain of Hyundai Motor to analyze what impact it has on the growth of Hyundai Motor to look closely at the vertical division of labor of vehicle parts manufacturers. Korea's automobile industry has been expanding cooperation between two sectors as a multifunctional promotion focusing on electronic communications technology in machinery and technology center. Through introducing the nation's first vertical integration in the sector, Hyundai Motor has secured competitiveness of cost reduction and prestige car production. Hyundai Motor has operated and established factories in the United States, India, Turkey, the Czech Republic, Russia, and Brazil. Hyundai Motor operates 51 affiliates, such as Hyundai Mobis, by restructuring, mergers and acquisitions, and building their own vertical division of labor around it. Hyundai Motor has been overcoming dependence on foreign modules businesses and maintaining the supply value chain around Hyundai Mobis.

• Journal of the Economic Geographical Society of Korea
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• v.26 no.3
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• pp.274-288
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• 2023

While the integration into global value chains has garnered attention as a rural development strategy, less is known about why some integrations are successful while others are not. This study draws on rent theory and on empirical examples from Jinju and Nonsan, the two biggest strawberry production regions in South Korea, to explore the mechanisms of Jinju creating and exclusively retaining monopoly rents from the exports. Based on five months of fieldwork and in-depth interviews with stakeholders, the findings show that a producer-driven chain integration into the overseas markets was possible in Jinju due to the natural barriers to entry based on an exportable variety, as well as the region's climate conditions being suitable to the variety. Moreover, the farmers have attempted to retain the monopoly rents and extra profits from public supports by associating producers. The horizontally associated farmers stabilized their positions by enhancing their bargaining power against exporters, as well as by managing access to the public supports by controlling memberships.

• Journal of the Korean Geographical Society
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• v.44 no.1
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• pp.56-76
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• 2009

The purpose of this study is to clarify the global commodity chains of the grafted cactus of Umseong region. The major findings of this study are as follows. Buying materials for cultivating the grafted cactus is based on the intra-Umseong local network. In addition, exporting grafted cactus using cheaper labor force means spatial division of labor from semi-periphery region to core region in terms of Wallerstein's world system theory. It is thought that buyer-driven commodity chains of farm products profit by division of labor caused by a sales network of the grafted cactus. And such situation means that high quality of the grafted cactus in Umseong maintains the spatial continuity by commodity chains.

• Journal of Korea Port Economic Association
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• v.24 no.2
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• pp.175-192
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• 2008

Today's individual firms no longer compete as solely autonomous entities, but rather as supply chain. As such the competitive position of a port is not only determined by its internal strengths but also it is also affected by its links in a global supply chin. In other words, port competitiveness is becoming increasingly dependent on external coordination and control of the whole supply chain. The main purpose of this paper is to examine how a port embeds itself into supply chain in order to strengthen its competitive position by focusing on Dubai port case. This paper found that Dubai port used three phases-insertion, integration and dominance-as a strategies for how it can embedded into global supply chain successfully. Dubai's global supply chain strategies give some implications for the further development of the Port of Gwangyang. First, the Port of Gwangyang should fully utilize symbiotic relationship with Gwangyang free Economic Zone. Second, the integration between Korea Container Terminal Authority and GYFEZ can be recommended for fast decision-making and providing a one-stop-service. Finally, Gwangyang should pursue an aggressive supply chain strategy, aims at dominance in the regional port network through port alliance with small and medium ports in neighboring area.

• International Commerce and Information Review
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• v.15 no.4
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• pp.509-532
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• 2013

This paper analyzed the functional global entry process of firms by real business cases. We reviewed the global firm Zara and Uniqlo's functional global entry process by Malnight (1995) four-step model which is composed of appendage, participation, contribution, integration stages. We found that both Zara and Uniqlo made successful internationalization using integrated global value chain. However, Zara maintained the home-initiated internationalization strategy on whole value chain, Uniqlo operated subsidiary-initiated functional strategy in specific value chain activities. This study suggests that internationalization occurs at the level of the function, rather than the firm. In addition, this study suggests practical implication to Korean fashion firms that global firms should maintain the functional global entry strategy basing on firm's internationalization steps.

• The Journal of the Korea Contents Association
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• v.16 no.12
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• pp.399-409
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• 2016

Recent automotive market is changing rapidly with eco-friendly, fuel-efficient, unmanned autonomous. In order to grow domestic automotive industry, various companies such as IT, marketing, advertising/PR, production/manufacturing, distribution have to need the fused global value chain(GVC) production system. The purpose of this study is that Small parts makers will look for support measures to enter the GVC of global automakers. To this end, to examine the status and cooperation between vehicle manufacturers and component suppliers in GVC. Part SMEs will look for Realistic and possible support policy direction needed to enter the carmakers GVC. In order that the small parts company have to enter the GVC of the car manufacturers in the automotive industry, the small parts company should understand the nature and governance of large corporations that operate the GVC, and develop a tailored strategy.

• International Area Studies Review
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• v.21 no.4
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• pp.65-83
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• 2017

As Global value chain(GVC) is deepening, the importance of intermediated good trade is growing in international trade issues. Such facts lead to much discussions about the relation between Global Outsourcing and pollution. This study analyzed the effect of Global outsourcing on Environment using the data including 21 industries for 2004-14. $CO_2$ intensity is used as a proxy for the environment variable and to measure Global outsourcing and I employed the method suggested by Feenstra and Hanson(1999), Amiti and Wei(2006). To examine the effect Global outsourcing on the Environment more precisely, this paper controlled the factors that can affect the environment level on the basis of the theory suggested by Copeland and Taylor(1994). In the methodology, System GMM is employed to solve endogenous problem. The results show that for overall industries, Global outsourcing effect cannot be identified and for polluting industries, the result is identical. However, Global outsourcing has a negative effect on the pollution level for China and developing countries. In other words, as Global outsourcing is increasing, the national pollution level is decreasing.

• Korea Trade Review
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• v.48 no.4
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• pp.93-119
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• 2023

This study analyzes the impact of global value chain (GVC) participation on inflation in South Korea and China using OLS regression analysis. It compares the results before and after the global financial crisis. The findings are as follows: Firstly, the GVC participation of both South Korea and China negatively affects their inflation rates. When analyzing the GVC participation separately for forward and backward participation, it was observed that the forward participation of both countries negatively influences inflation. However, the backward participation of South Korea and China positively impacts inflation. Secondly, after the global financial crisis, there were differences in the analysis results for South Korea and China. The influence of GVC participation on inflation was not statistically significant for both countries. However, when analyzing the impact of forward and backward participation separately, China showed mostly insignificant effects on most inflation indicators. In contrast, South Korea's forward and backward participation seemed to have an expanding effect on inflation. This may be attributed to China's attempt to shift external demand to domestic demand and replace imported intermediate goods with domestic products, leading to a reduction in the impact of GVC participation. On the other hand, South Korea continued to show a relatively low decrease in GVC participation after the global financial crisis, indicating that the impact on inflation remains significant.

• Korea Trade Review
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• v.41 no.2
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• pp.123-157
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• 2016

As the WTO·DDA continues to stagnate, mega FTAs such as the TPP will likely play the leading role in rule-making of trade for some time to come, creating a 'spaghetti bowl' of trade rules. FTAs, notably high-standard and broad-based regional or mega-FTAs, are the appropriate means to achieve this objective, because they cover many of the policy measures that are needed for the development of global value chains(GVC). The highest quality FTAs are increasingly adding new features like regulatory harmonization that may also foster GVC growth in partner countries. Complementary relationships among markets along value chains, involving both goods and services, also complicate analysis. This is particularly relevant when thinking about policy, since the traditional tendency to think about policies and regulate markets in unconnected silos can lead to unintended and undesirable results. This paper examines the current states of FTAs to determine which are more likely to push this latest wave of globalization further and faster, and explores the plans that are most helpful for GVC growth.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2004.05a
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• pp.233-233
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• 2004

글로벌 차원의 경쟁 환경에서 제조 업체들이 당면한 과제는 보다 적은 생산비용으로, 보다 우수한 품질을 가지며, 고객의 요구를 만족시키는 제품을 적시에 시장에 출시하는 것이다. 이는 경영 환경이 생산자 중심에서 고객 및 파트너 중심으로 가치사슬(Value Chain)이 변하고 있고, 고객이 원하는 제품 및 서비스를 파트너와의 협력을 통해 얼마나 빨리 대응하는 지가 향후 기업의 생존 및 성장의 기본 조건이 될 것임을 말해준다. 또한 설계와 제조 분야에서의 글로벌화 경향은 협업 CAD/CAM 시스템을 요구하고 있다.(중략)