• Title/Summary/Keyword: 중소중견기업

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An Empirical Study on KOSDAQ-Listed SMEs' Convertible Bonds and Financial Constraints (코스닥 기업의 전환사채 발행이 금융제약에 미치는 영향에 관한 실증연구)

  • Binh, Ki Beom;Byun, Jinho;Park, Kyung Hee
    • Korean small business review
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    • v.42 no.3
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    • pp.173-193
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    • 2020
  • This study analyzes the effects of KOSDAQ-listed firms' convertible bonds, which have recently increased rapidly in number and size. Although KOSDAQ companies are called mid-size companies, KOSDAQ companies belong to SMEs. Furthermore, convertible bonds have traditionally been a critical capital raising tool for SMEs in the US and Europe. In Korea, KOSDAQ companies actively employ convertible bonds. Convertible bonds provide investment incentives for hesitant investors, allowing companies to raise capital at low interest rates. This study analyzes whether capital raising through issuance of convertible bonds by KOSDAQ companies affects their financial constraints. Financial constraints result from incomplete capital markets, which are embedded in most companies and countries.. In particular, financial constraints have a significant impact on the growth and survival of SMEs. The seminal study FHP(1988) is the most important and effective study of firm's financial constraints. We find that FHP's financial constraint measures show that convertible bond issuance would mitigate the financial constraints of KOSDAQ companies. However, the significance of the evidence is not strong.

Design and Implementation of OCR-based Machine Monitoring System for Small and Medium-Sized Enterprise (SMEs) (중소/중견 기업을 위한 OCR기반 설비 모니터링 시스템의 설계 및 구현)

  • Seong, Junghwan;Jeong, Jongpil
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.21 no.3
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    • pp.73-79
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    • 2021
  • In the wave of the 4th industrial revolution, smart factory is required in many factories. However, small and mid-sized companies (SMEs) still have aging machines and are having difficulties in the data collection stage, which is the basis of smart factories. This study proposes a low cost monitoring method by using an open source based technology that extracts data from the image of the facility control panel without the need for modification of existing facilities. The proposed method was tested and evaluated for forging facilities in automobile parts manufacturing plants through prototyping. As a result of the evaluation, it was confirmed that low-cost facility monitoring is possible, and it will help SMEs build smart factories.

e-Business기업으로의 변환을 위한 ERP 시스템 구축;ASP 방식을 중심으로

  • 장형욱;이상식
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2003.05a
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    • pp.110-116
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    • 2003
  • 최근 기업들은 생산성 향상과 새로운 기회의 창출이라는 관점에서 e-Business 기업으로의 변환을 시도하고 있다. e-Business 기업으로의 변환에 있어서 솔루션의 도입은 거대한 자본이 소요되어 특히 중견/중소기업으로서는 엄두도 내질 못하는 실정이다. 이로 인하여 IT 아웃소싱의 극대화된 형태로 대두된 ASP를 이용하여 임대하는 성향이 나타나고 있는데, ASP는 웹을 기반으로 하여 어플리케이션을 공급하는 형태로 로컬 ERP를 도입하는 것과 비교해 볼 때 초기투자에 따른 자본절감효과를 누릴 수 있는 등의 여러 가지 장점을 지니고 있으므로 e-Business 구축에 적합한 형태라 볼 수 있다. 하지만 ASP의 활성화는 매우 더디게 진행되고 있으며 중견/중소기업들의 ASP에 대한 인식부족은 이들 더욱 지체시키고 있다. 따라서 본 논문은 ASP를 이용한 ERP구축의 사례를 연구하고 명확한 ASP의 도입을 위해 필요한 요소들을 살펴보고자 한다.

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A study on the strategy for Vietnam logistics market using by imitation strategy (모방전략을 이용한 중견중소 물류기업의 베트남 물류시장 진출 방안)

  • Kim, Hwayoung;Lee, Sungwoo;Pham, ThiQuyn Mai
    • Proceedings of KOSOMES biannual meeting
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    • 2017.04a
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    • pp.272-272
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    • 2017
  • 베트남은 풍부한 노동력을 바탕으로 빠르게 경제가 성장하고 있다. 국내 물류기업은 해외시장 진출을 위해 노력하고 있다. 해외 물류기업도 베트남 시장에 진출하면서 물류 네트워크를 확대해 나가고 있다. 이러한 상황에서 국내 물류기업들도 기회를 포착하여 베트남 시장에 진출할 필요성을 실감하고 있다. 본 논문에서는 모방전략을 이용하여 국내 중견중소 물류기업의 베트남 물류시장 진출 전략 수립에 목적을 두고 있다.

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Effectiveness of Government R&D on Firm's R&D Spending (정부R&D투자가 기업 규모별 R&D지출에 미치는 영향 분석)

  • Jung, Jun-Ho;Kim, Jae-Soo;Choi, Ki-seok;Lee, Byeong-Hee
    • The Journal of the Korea Contents Association
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    • v.16 no.10
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    • pp.150-162
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    • 2016
  • This study empirically analyze the effect of government R&D investment to find out whether it complements or substitutes for the firm R&D. In order to do it panel data set was constructed for the period of three years from 2012 to 2014 based on the number of 1301 data by utilizing national technology information service(NTIS) and publicly announced financial statement. Analysis was implemented in consideration of size of the firm(large corporation, small and medium sized firm) of which sample was obtained from only listed company. The result of two-way fixed effect model and two-way random effect model is as follows. In case of large corporation, government R&D investment has an effect of substitute for the company's R&D on the other hand, small and medium sized firm shows an complementary effect. It verifies that current R&D policy is appropriate. Therefore government's direct subsidy is expected to be successful to fertilize firm's innovation by allocating government R&D budget efficiently.

A Exploratory Study on the Selection of Outstanding Small and Medium Corporate Laboratories (중소.중견기업 우수연구소 선정평가에 관한 탐색적 연구)

  • Noh, Meansun;Baek, Chulwoo;Son, Byoungho
    • Journal of Korea Technology Innovation Society
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    • v.15 no.4
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    • pp.815-836
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    • 2012
  • Corporate Laboratories have been a key driver of Korea's economic growth through attaining technology competitiveness. The study is focused on selecting outstanding small and medium corporate laboratories with high R&D capability and fostering the selected laboratories. The main topics of this study are to establish logics regarding the selection process and to propose the implementation schemes of the process. For the selection of outstanding laboratories, this study presents a evaluation indicators based on logic model and verification of the validity of following evaluation indicators through a Pilot test. The evaluation indicators from this study are expected to be in practical use as a reference for support policies of outstanding laboratories' R&D activities. For corporations, these indicators can be used to examine their R&D capability. This study also suggests differentiated policy support measures using the findings to maximize the effectiveness of the selection process.

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