• Title/Summary/Keyword: Agri-industry

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Economic Growth and Employment in the Korean Agri-Food Industry: Examining the Buffering Effect and Sensitivity of Temporary Employment

  • Byung Min SOON
    • Asian Journal of Business Environment
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    • v.14 no.2
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    • pp.19-30
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    • 2024
  • Purpose: This research article investigates the intricate relationship between economic growth and employment in the Korean agri-food industry. Research design, data and methodology: Drawing on Okun's law, which proposes a negative correlation between economic growth and unemployment, the study explores the applicability of this law to different sectors. By focusing on the agri-food industry, the study examines the impact of economic growth on both full-time and temporary employment. Results: The findings highlight the industry's role as a buffer, absorbing workers from other sectors, particularly manufacturing. Moreover, the study reveals that temporary employment is more sensitive to economic growth fluctuations compared to full-time employment. Conclusions: The research emphasizes the importance of implementing employment programs that support transitioning workers in the agri-food industry, facilitating knowledge and skill transfer to ensure sustained employment. Furthermore, it recommends government and company support for temporary employment during buffering periods to ensure safe job transitions. This study provides valuable evidence to understand the nuanced relationship between economic growth and employment in the Korean agri-food industry.

Global Policy Directions To Promote The Future Agri-Food Industry: A Focus on the Voucher Projects for Young Job Seekers and Entrepreneurs

  • Lee, Jongtae
    • Agribusiness and Information Management
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    • v.12 no.1
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    • pp.6-16
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    • 2020
  • This is a summary of a comparative study of the national policies to foster the agri-food industry implemented by the leading countries of the industry before and after the COVID-19-induced global economic crisis. By comparing the policies of each country, we discovered that key leading countries of the agri-food industry had given up or suspended one-on-one, face-to-face support programs that they had maintained for years, and have started providing financial assistance to companies or self-employed people in relative industries. Korea should implement such decisive policies for the Korean agri-food industry to tackle this unprecedented economic shrink and maintain the competitiveness of the industry. Considering the scale and speed of the spreading of the pandemic, the new policies should be implemented swiftly and boldly. This study can be used as a base material for developing new policies to minimize damage to the agri-food industry and national economy caused by COVID-19.

Potentials of Regional Clustering: the Case of Food Industry at Gyeongsangnam-Do (식품 클러스터의 잠재성 분석: 경남지역을 중심으로)

  • Kim, Sung-Yong;Ahn, Byung-Il;Kim, Yun-Shik;Lee, Mi-Sook;Nam, Kyung-Soo;Gil, Su-Min
    • Journal of agriculture & life science
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    • v.43 no.6
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    • pp.117-127
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    • 2009
  • There are worldwidely rising interests in food cluster as it has been perceived as a strategy for improving the competitiveness of food industry. This paper examines the potential of food industry at Gyeongsangnam-do for a regional clustering in terms of five cluster indices. These indices include the absolute size, the relative size of food industry, the level of its concentration, specialization, and market power exertion as an industrial cluster. The result shows that food industry at Gyeongsangnam-do has a potential for a regional clustering.

Development of Industry-Wide IS Integration Model in the Agri-Industry

  • Hedman, Jonas;Henningsson, Stefan
    • Agribusiness and Information Management
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    • v.5 no.1
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    • pp.20-30
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    • 2013
  • This paper presents a model explaining industrywide information systems (IS) integration in the agri-industry. Using a theoretical frame of value configuration analysis and IS integration extent we study 15 organizations. We find that product sensitivity, continuous production, value chain captains, and value creation logic explain the industry-wide IS integration. Incompatible value creation logic among stakeholders and the lack of presence of "value chain captains" - powerful actors dominating the entire industry - has and negative impact on industry-wide integration. On the other hand, product sensitivity and continuous production process led to higher levels of integration.

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Development of Charcoal Containing Paper for Packing Grades( I ) - Ethylene Gas Adsorption - (숯을 활용한 포장재 개발에 관한 연구 (제1보) - 에틸렌 가스흡착 -)

  • Seo, Young-Bum;Jeon, Yang;Lee, Hwa-Hyung;Jung, Tae-Young;Lee, Jong-Seok
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.35 no.2
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    • pp.46-51
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    • 2003
  • The charcoal is known to have gas adsorption capability and is used frequently to mitigate the unpleasant smells from food and clothing. It is also used to treat water to remove dissolved organic and inorganic substances. In this paper, we applied the several different kinds of charcoals to the papers in three different ways to investigate if charcoal application method affects its gas adsorption capability. Wet end addition, making multiply, and coating method were tested. Specific ethylene gas adsorption capabilities were measured. Experimental results shows that manufacturing conditions of the charcoal itself changed its gas adsorption properties. The boxes used for agricultural produces, and the packaging paper for flowers are to be well fitted application for the charcoal added paper. Mulch paper, which needs opacity and air permeability with proper strength properties, is another candidate for the application of charcoal added paper.

The Influential Factor Analysis in the Technology Valuation of The Agri-Food Industry and the Simulation-Based Valuation Analysis (농식품 산업의 기술평가 영향요인 분석과 시뮬레이션 기반 기술평가 비교)

  • Kim, Sang-gook;Jun, Seung-pyo;Park, Hyun-woo
    • Journal of Technology Innovation
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    • v.24 no.4
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    • pp.277-307
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    • 2016
  • Since 2011, DCF(Discounted Cash Flow) method has been used initiatively for valuating R&D technology assets in the agricultural food industry and recently technology valuation based on royalties comparison among technology transfer transactions has been also carried out in parallel when evaluating the technology assets such as new seed development technologies. Since the DCF method which has been known until now has many input variables to be estimated, sophisticated estimation has been demanded at the time of technology valuation. In addition, considering more similar trading cases when applying sales transaction comparison or industry norm method based on information of technology transfer royalty, it is an important issue that should be taken into account in the same way in the Agri-Food industry. The main input variables used for technology valuation in the Agri-Food industry are life cycle of technology asset, the financial information related to the Agri-Food industry, discount rate, and technology contribution rate. The latest infrastructure building and data updating related to technology valuation has been carried out on a regular basis in the evaluation organization of the Agri-Food segment. This study verifies the key variables that give the most important impact on the results for the existing technology valuation in the Agri-Food industry and clarifies the difference between the existing valuation result and the outcome by referring the support information that is derived through the latest input information applied in DCF method. In addition, while presenting the scheme to complement fragment information which the latest input data just influence result of technology valuation, we tried to perform comparative analysis between the existing valuation results and the evaluated outcome after the latest of reference data for making a decision the input values to be estimated in DCF. To perform these analyzes, it was first selected the representative cases evaluated past in the Agri-Food industry, applied a sensitivity analysis for input variables based on these selected cases, and then executed a simulation analysis utilizing the key input variables derived from sensitivity analysis. The results of this study is to provide the information which there are the need for modernization of the data related to the input variables that are utilized during valuating technology assets in the Agri-Food sector and for building the infrastructure of the key input variables in DCF. Therefore it is expected to provide more fruitful information about the results of valuation.

Improvements in the Physical Properties of Hanji by Using Red Algae Pulp

  • Seo, Yung-Bum;Kim, Young-Wook;Lee, Min-Woo;Jung, Sun-Young
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.41 no.5
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    • pp.33-37
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    • 2009
  • Hanji is a traditional Korean handmade paper, made of bast fibers of the paper mulberry. Its fiber furnish is much more expensive than wood fiber furnish. Hanji with a low basis weight requires additional opacity and smoothness for better writing and printing. Filler such as calcium carbonate can not be used to raise the opacity of Hanji because of its low retention in low basis weight paper and the high freeness of the Hanji fiber furnish. Addition of red algae pulp, which is prepared from marine red algae to the Hanji fiber furnish negated retention problems happening in the case of mineral filler addition, and produced a substantial improvement in the opacity and smoothness of Hanji. The higher retention was due to the much larger size of the red algae fibers compared to the mineral fillers. The improvement in opacity and smoothness were also due to the shape of the red algae fibers: that red algae fibers are narrower in widths and shorter in lengths than wood fibers results in increased surface area and smoothness.

Comparison of cellulose DP measurements using the CED (Cupriethylene diamine) and NMMO(N-methylmorpholine-N-oxide) (CED(Cupriethylene diamine)과 NMMO (N-methylmorpholine-N-oxide)를 이용한 셀룰로오스의 중합도 측정법의 비교)

  • Lee, Min-Woo;Park, Ji-Soon;Park, Dong-Hui;Seo, Yung-Bum
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.42 no.5
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    • pp.62-66
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    • 2010
  • Cellulosic materials were dissolved by NMMO(N-methylmorpholine-N-oxide) and CED (Cupriethylene diamine), respectively, to measure their DPs (degrees of polymerization) by using viscometer. We changed cellulose DPs by applying various amounts of low intensity electron-beam radiation to the cellulosic materials. NMMO is environmental-friendly, non-toxic, and biodegradable organic cellulose solvent and used industrially because of its high cellulose dissolving power and high solvent recovery ratio. The cellulose DP measurement results using these two different chemicals were correlated highly ($R^2$ >0.95). It was also found that cellulose with high DP was dissolved more easily in NMMO than CED. In addition, NMMO method gave more higher resolution in the measurement.

A Study of Korean Agri-Food Brand Identities for Expanding Exports to China (중국 수출확대를 위한 한국 농식품 브랜드 아이덴티티 정립)

  • An, Wook-Hyun;Cho, Woo-Chul;Kim, Chang-Hwan
    • Journal of Distribution Science
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    • v.12 no.2
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    • pp.7-16
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    • 2014
  • Purpose - The purpose of this study is to target Chinese consumers of Korean agri-food through the analysis of agri-food brand identity images to set future directions for proposed agri-food exports to China. Since negotiations began for a free trade agreement (FTA) between Korea and China, some Koreans have worried about the Korean agriculture sector. The world trading system has undergone many changes in recent years. Since the start of FTA negotiations on agriculture, China and Korea have faced a heightened sense of crisis. China is trying to export agricultural products so actively that its agricultural exports could increase by more than 7% annually. China exported about one-tenth of its agricultural products to Korea in the period 2002-2010. Recently, the importance of brand identity has tended to increase, as the world becomes one unified market. In this situation, we should try to promote agri-food exports to China. It is very important to understand consumers' recognition of Korean food and the image of the Korean agri-food industry, to establish an export strategy. Research design, data, and methodology - This study targeted 2,800 adult men and women aged 25-59 years living in four major cities in China (Beijing, Shanghai, Guangzhou, and Qingdao) with a household income within the top 10% level in the China, using the one-to-one interview survey method. In addition, four groups by region (eight people per group) for a total of 32 groups were surveyed by using the focus group interview (FGI) research method, and impressions of imported agri-food were surveyed using 17 questions about fresh agri-food and 22 questions on processed agri-food. Factor analysis, brand positioning, biplot analysis, and so on, were carried out based on the results of these surveys. This research presents the brand identity of Korean food; according to the analyses, the brand identity is based on trust, safety, and attractiveness. Result - Factor analysis results showed that Chinese consumers expect four major qualities in imported fresh agri-food: freshness/safety, attractive appearance, premium branding, and excellent taste/quality. In the case of processed agri-food, it turned out that Chinese consumers are focused on safety/hygiene/freshness, health, and taste. In addition, in the fresh agri-food analysis by country, American foods had the upper hand; the image of American foods was also recognized as the most positive for processed agri-food. Meanwhile, according to the biplot analysis, Korean agri-food is strongly preferred for its appearance, but no country is strongly preferred as regards the level of freshness/safety that is expected by Chinese consumers. Conclusions - In this study, we analyzed the image of imported agri-food expected by Chinese consumers by reconstructing agri-food characteristics from the brand perspective. The research result shows that a Korean brand identity must be the ultimate goal for activities undertaken to enhance the image of Korean agri-food in the future. Additional research is needed because brand image can be formed through various channels.