• Korean Journal of Construction Engineering and Management
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• v.17 no.3
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• pp.90-97
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• 2016

Since Korean construction firms have steadily advanced into the international market, small and medium construction companies (SMCCs) have also advanced in such market. SMCCs's recent trend have clearly shown the changes of contract types from single subcontractor projects to multiple general contracting projects. However, among those multiple projects performed by SMCCs, 1 out of 3 projects were deficit projects that impact the overall pe rformance of the firm. To increase such performance, risk management for in international construction must be managed at the enterprise level for SMCCs. This research aims to create a multiple project management model for SMCCS that employs the concept of acceptable risk to assess the limit risk level for corporation to acceptable. Using the accumulated data from previous survey and International Construction Association of Korea (ICAK), integrated risk of each firm and their profitability of each project are analyzed. Through the analysis, each firm's acceptable risk level is derived. Through the two research steps, acceptable risk algorithm was developed based on corporate integrated risk and profit correlation. To prove the acceptable algorithm relevance, financial statement analysis of 3 corporation was derived that level of acceptable risk and financial statement were available. Through the approach, this research allows the firms to analyze the firm's capability and find projects that suits the firm's situation and capability.

• Proceedings of the Korea Technology Innovation Society Conference
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• 2013.10a
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• pp.195-200
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• 2013

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2022.06a
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• pp.225-226
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• 2022

해운·물류기업이 터미널 및 물류센터 등 물류인프라 구축, 해외시장 법인 설립 등을 위해 해외물류시장에 진출하기 위해서는 대규모 투자 등 금융지원이 필수적이며, 특히 중소·중견 물류기업의 경우 자금력 부족 등으로 해외진출에 어려움을 겪고 있다. 우리 중소물류기업의 해외시장 진출 확대 및 경쟁력 강화를 위해 해외진출을 위한 금융지원 방인이 필요하다. 이에 본 연구는 중소 물류기업의 해외진출 활성화를 목표로 해외진출 금융지원에 대한 수요조사를 통해 적합한 방안 마련 및 정책 방향을 제시하였다.

• Journal of Korea Technology Innovation Society
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• v.12 no.3
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• pp.525-544
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• 2009

There's a way to recover unbalanced industrial structure between large size company (LEs) and small size company(SMEs). It's called middle size company (MEs) which can be the magic bullet for Korea to be more healthier than ever. but there are problems with MEs in Korea. Not only the number of MEs is too low compared to developed country's but also the status of amount of research developmental revenue, R&D concentration isn't that satisfied. That's why we need to focus on MEs which was out of center stage until now. Before discussing about how to foster MEs, we need to know what cause MEs makes weak. This research contains actual condition of R&D investment in MEs based on data from Korea information service. Also, survey data can help to know exact factor which make hard to invest research development. Expecially, this research give the answers that relation between the course of growth and concentration of R&D which was observed that has reciprocal relationship.

• 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.

• Journal of the Korea Convergence Society
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• v.8 no.8
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• pp.239-246
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• 2017

Standards offer numerous opportunities and benefits not only to provide effective and efficient way for business goals internally, but also to increase company's competitiveness externally. However SMBs can't get have benefits from standards management due to lack of resources and awareness. The purpose of this study is to investigate the role of standard management in business hierarchy from SMBs' cases leading to raising the awareness and providing strategic implications for standards management. The utilization of Standards management was investigated by adopting Anthony framework and Miles and Snow typology targeting SMBs which have awarded the World Standards Day Prize. The results of case study indicated that standards can be used as not only a strategic tool for achieving business goal and but also an effective way for raising brand awareness in global market. This study has originality and practical value in that it enhances the awareness and provides strategic implications for standards management in global business environment.

• Korean Journal of Construction Engineering and Management
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• v.18 no.2
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• pp.71-80
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• 2017

In recent years, the reduction of international award and project loss by Korean contractors have become a big issue not only in industry but also in academic fields. However, many researches have not focused on small and medium subcontractors but on the large contractors, even though the number of international project by small and medium companies is more than by large companies. Therefore, this study focuses on analyzing the predicted risk before bid and the actual risk after award in international subcontracting projects. In addition, it provides the difference between project performances according to the contract types and the project profitability. This study is expected to give more informed risk knowledge to small and medium subcontractors, which enables them to pay attention to managing risk for better project performances.

• Corrugated packaging logistics
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• s.105
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• pp.55-61
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• 2012

• Product Safety
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• s.203
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• pp.22-27
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• 2010

• Product Safety
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• s.246
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• pp.11-11
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• 2014