• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.15 no.4
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• pp.17-25
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• 2020

Venture debt is a prominent funding tool to promote scale-up of ventures. In the growth stage, venture firms that need large-scale funding can accelerate their growth by leveraging venture debt without diluting their shares, while venture capitals can quickly recollect their investments by accelerating the growth of the ventures they invest. By supplying venture debt, banks can diversify their asset primarily concentrated on loans, and improve the return on assets. As in the case of Silicon Valley Bank, a leading venture lender, closer cooperation between the two agents is essential to supply venture debt. One is the venture capital, an equity capital supplier, and the other is the bank, a debt capital supplier. To this end, we propose "credit risk sharing venture loans" and "venture loan pooling". The former encourages banks' participation in the venture debt market where the manager of Korean Fund of Funds, KVIC and policy guarantee schemes such as KODIT and KIBO screen or partially absorbe the risks inherent in venture loans. The latter reduces the burden of banking on individual venture loans through securitization.

• Journal of Technology Innovation
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• v.28 no.2
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• pp.37-61
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• 2020

This research aims to empirically examines the effects of competition factors on satisfaction and its on repurchase intent for SME's technology development products in the public procurement market, and to empirically verified the moderating effect of policy conformity. The result shows that the competition factors all have a significant positive effect on satisfaction, and that satisfaction has a significant positive effect on the intent to repurchase. In addition, the policy conformity shows a significantly moderating effect in the relationship between competitive factors and satisfaction and also, there was a significant difference in repurchase intention according to the buyer's innovativeness. This research has important implications that it provides innovative SMEs with practical implications for establishing marketing strategies in the public procurement market and extending the study of customer satisfaction centered on the private market to the public purchase market.

• Journal of the Korean Society of Clothing and Textiles
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• v.38 no.4
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• pp.455-466
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• 2014

This study examines the effectiveness of CSR through the expectancy disconfirmation theory. The change of CSR belief after a corporate social irresponsibility (CSIR) crisis was investigated in terms of activity timing (proactive activities before CSIR crisis/reactive activities after CSIR crisis). Study 1 explores the influence of CSR belief perceptions formed through usual CSR activities on CSR belief decline after a CSIR crisis and the moderating effect of CSR activity types. Higher CSR belief perceptions are formed through usual CSR activities that result in a large CSR belief decline. The moderating effect of CSR activity types on CSR belief decline is found. Volunteer activity has the strongest depending effect on CSIR crisis. Study 2 explores the influence of CSR belief perceptions formed through CSIR crisis on a CSR belief incline after CSR activities and the moderating effect of CSR activity types. The lower CSR belief perception after CSIR crisis results in a high CSR belief incline after CSR activities. The moderating effect of CSR activity types on CSR belief incline is found. Cause-related marketing has the strongest overcoming effect on a CSIR crisis.

• Journal of the Korean association of regional geographers
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• v.18 no.4
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• pp.388-399
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• 2012

Jinju City has been often called as the largest agglomeration of the silk industry in Korea. However Jinju's silk industry has experienced a continuous decline in employment and to production outputs after the late 1980s. This paper aims to explore innovation capacities of Jinju's silk industry and evaluate the government policy to promote the competitiveness of the silk industry in Jinju. The main findings are as follows. First, the survey shows that the major sources of innovation tend to come from customer firms in the Capital area and the innovation supporting agency and universities in Jinju City. Second, local silk production firms tend to by and large evaluate that the industrial policy projects to promote the competitiveness of Jinju's silk industry have been successful, particularly in terms of a joint branding project and the marketing support program.

• Korean Business Review
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• v.19 no.1
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• pp.93-114
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• 2006

Recently, TPS is one of the hot issues which enterprises and manufacturing related people were greatly concerned. TPS is very representative of Japanese production system. And TPS have contributed to the advance of industrial engineering. This study highlights the limitation and unsolved problems of presented TPS, through understanding the basic principles and characteristics and application process of TPS. To be continuously developing and competitive system in the future, we suggest New JIT System to complement current TPS system. New JIT is a customer oriented system. For the customer satisfied quality management, renovate business process in production, development and sales area. It has hardware and software system. Hardware system is consists of TMS, TDS, TPS. Software system is scientific SQC utilized TQM. For the advanced next generation manufacturing management system, we should develop New JIT system.

• The Journal of Korean Institute for Practical Engineering Education
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• v.2 no.1
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• pp.115-119
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• 2010

In Korea, there exist around 120 regional innovation centers(RICs) which have been established in many universities since the mid-nineties by Ministry of Knowledge Economy of Korea. These centers aim at higher competitiveness of their local industry by providing it with direct services using expensive testing or manufacturing equipment along with cooperative technology development and well trained work forces. Considering the nationwide importance of human resources development in the key industrial sectors, the RICs naturally should take part of responsibility because the most advanced equipments in each important industrial field have been invested during the last 15 years which amount over 500 million US dollars. In the present study, a brief concept for the industry-oriented human resources development program utilizing the already established RIC infrastructure is proposed.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.15 no.2
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• pp.245-254
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• 2015

The purpose of this research is to study the cyclic structure of startup ecosystem and draw the necessary conditions for maintaining it to successfully induce the activation entrepreneurship. Therefore, we design start-up cycle structure based on the enterprise ecosystem to verify this, we discussed the Tech City in the United Kingdom and Silicon Valley in USA. Required factors for running the start-up cycle structure is summarized as follows. First, the shared platform is provided to form between components in accordance with the object, second, this can be made based on the excellent human resources, third, a number of consumer groups such as venture capitals and angels that revenue from the virtuous circle should be formed, fourth, get the other regional networks and associated, fifth to make it easy to start-ups through government and institutional support and finally, a stand-alone producers(startups) should be fostering entrepreneurship.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.75
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• pp.199-224
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• 2017

As Multi-National Enterprises expanded their investments to foreign countries, numerous controversies and disputes arose from their negative impacts, such as violations of human rights and damage to the environment of the host countries. In response, International Organizations such as the OECD have considered various ways to prevent these negative impacts and search for more efficient dispute resolution methods. It is recognized that the OECD Guideline is one of the tools they created for this purpose. The OECD Guideline is contrastable from Corporate Social Responsibility (CSR) initiatives which are regarded as a corporation's charity activities apart from their core business functions. However, Responsible Business Conduct (RBC) like the OECD Guideline can be understood as a concept moving forward from CSR, due to its requirements that corporations carry out their duties in a responsible manner within the field of their core business, such as tax, global supply chain or consumer protection. RBC which is binding in nature, has even been implemented through legislation in developed countries such as the USA, France, Switzerland, and the UK. The discussion in Korea, however, has not reached that level. Discussions for legislation center singularly on CSR efforts, with a dialogue only recently forming around the topic of legislation concerning RBC. Small and medium sized enterprises (SMEs) who lack certain financial and other resources to adequately develop RBC initiatives may find this more obstacles to implementation through legislated RBC, than if it were presented in Korea through other means. It's necessary to admit that RBC is a critical issue in international business. However, time is required to consider its application directly to SMEs.

• The Journal of Korean Institute for Practical Engineering Education
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• v.2 no.2
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• pp.105-112
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• 2010

For efficient and effective university-industry linked training programs, it is critical to design customized educational systems including various curriculums for specific needs from industries. To do that, we need to understand that the quality of collaboration between large companies and their vendors. Therefore, in this study, we provided SCQM(Supply Chain Quality Management) and QCI-SCM(Quality Collaboration Index for Supply Chain Management) to evaluate the quality levels of collaboration between large sized companies and their sub-vendors. And we tried to find the critical factors for successful SCQM and global quality management competitiveness.

• Journal of Practical Engineering Education
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• v.6 no.1
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• pp.57-64
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• 2014

KOREATECH has introduced a long-term co-op program called IPP (Industry Professional Practice) to address problems in engineering education of Korea since 2012. In order to evaluate and improve the IPP program, the IPP Center of KOREATECH has developed a comprehensive performance evaluation scheme on the basis of the Kirkpatrick's four stage performance evaluation model for training programs. This study aimed to analyze student questionnaire survey data from the IPP performance evaluation scheme, which was acquired before and after IPP terms in 2013 and measured students' perceptions on the five aspects of major competencies, non-major competencies, perception of and satisfaction with the IPP program and attitudes to occupation. The findings showed that the IPP program was effective to a certain degree at enhancing non-major competencies and attitudes to occupation of students. Participating students were quite satisfied with their jobs and companies. In the last part, several directions for improving the effectiveness of the IPP program were discussed.