• Title/Summary/Keyword: Emerging Country

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The Effect of Investing into Distribution Information and Communication Technologies on Banking Performance the Empirical Evidence from an Emerging Country

  • PHAN, Anh;LU, Chi Huu;HOANG, Lam Xuan;NGUYEN, Phuong Minh
    • Journal of Distribution Science
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    • v.20 no.6
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    • pp.43-56
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    • 2022
  • Purpose: This study aims to investigate the impact of investing into technology development on banking performance in an emerging country. Research design, data and methodology: Based on the data of 12 commercial banks listed in Vietnam from 2011 to 2019 and performing multivariable regression analyses as well as conducting a variety of robustness tests, we carry out the empirical investigation to discover this impact. Results: Our empirical evidence shows that these spending help to improve significantly performance of banks. Particularly, the technology expenditures have positive effect on the net interest margin and the non-interest income in which the level of influence on the latter is relatively remarkable in comparison with the former. At the same time, the result does not support the view that increasingly spending on technology may lead banks to face the risk of instability. Conclusions: Overall, our empirical analysis indicates that increasing investment into distribution information and communication technologies will help to enhance business strategies of banks and thus we advocate the bright side of technology development and digitalization in banking sector. We believe that the research is useful for both managers, regulators and policy makers in Vietnam as well as in countries having similar financial structure.

Technology Standardization Efforts of Government for Emerging Industry: The Case of Cloud Computing in South Korea and US (신성장산업 활성화를 위한 국가 주도 기술 표준화 추진 방안 비교: 한국과 미국의 클라우드 컴퓨팅을 중심으로)

  • Kim, Hongbum;Shin, Jungwoo;Park, Kyung-Gook
    • Journal of Technology Innovation
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    • v.23 no.3
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    • pp.87-114
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    • 2015
  • There are many government-led efforts for exploiting new growth engine to survive in a globally competitive environment. as a representative strategy, technology standardization policy is promoted by many countries. Although each country has unique characteristics in facilitating technology standardization, we can recently observe different strategy from conventional way like in United States. Thus, this study examines government-led technology standardization for activating emerging industry. Using case analysis, cloud computing is analyzed in terms of standardization organization and process perspectives, and technology standardization efforts by government in United States and Korea are compared. According to case analysis, this study investigates changes of the government-led standardization strategies for each country and suggests implications for activating emerging industry using technology standardization policy.

The Impact of Industry Architectures and Supply Chains on Successful Expansion in Emerging Markets (산업구조와 가치사슬이 신흥국 진출 성공에 미치는 영향)

  • Oh, Jae Ho;Park, Kwang Ho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.3
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    • pp.29-40
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    • 2020
  • Korean firms have been vigorously searching and exploring overseas market opportunities through export and overseas investment. As of end of 2019, there were more than 80,000 Korean overseas subsidiaries all over the world. With Korean overseas direct investment increasing recently, it became one of the important issues for overseas investors to be successful in the global market. There are a lot of studies on factors influencing the performance of overseas subsidiaries such as 'firm' and 'country' factors. This study empirically examines subsidiary performance determinants with 'industry architectures' by using a sample of 292 overseas Korean firm subsidiaries. Industry architectures are the stable but evolving sets of rules and roles through which labor is divided within a sector. This article considers how industry architectures shape success in international expansion. Industry architectures differ between countries, are not necessarily technologically determined, shape firms' capabilities and their competitive environment, and constitute a distinct level of analysis. We extract antecedents of related theory and empirically test its impact with a survey of Korean firms expanding in emerging economies. We would say this is the first study which tries to focus on industry architectures with the performance of Korean overseas subsidiaries. We find that separability and similarity of industry architectures across countries and localization of subsidiaries are robust and important predictors of success in international expansion. Our results suggest that industry architectures should be added to firm and country as an intermediate level of analysis that helps explain success in international expansion. While we established a pattern, much more remains to be done. We focus on the success of foreign operations, but we do not consider the broader benefits of going abroad, such as the learning or network effects that accrue at the level of the entire firm. The next obvious question is whether the results would differ in the developed market context. These we leave for future research to consider.

Overseas Research and Development Activities of Korean ICT enterprises in Emerging Countries

  • Seo, Jeongseon
    • STI Policy Review
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    • v.3 no.2
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    • pp.79-91
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    • 2012
  • With the globalisation of the world's economies and the increasing role of multinational corporations in the generation of knowledge, global research and development (R&D) activities in emerging countries are following a new trend. This paper describes case studies of two large companies and discussion of the motives (demand vs. supply) and tasks (demand-driven vs. supply-driven) of R&D activities outside their home country. This work is based on an analysis of four overseas R&D units of two Korean ICT companies - here, ICT refers to goods and services in the information technology and communication technology fields - in India and China. The research findings are as follows: (1) The overseas R&D activities of Korean ICT enterprises in emerging countries may be driven by a combination of demand and supply factors of host countries; and (2) Korean overseas R&D centres in emerging countries may need to carry out both demand- and supply-driven tasks in view of the overlap between demand and supply factors of the host countries. Based on the results of this research, the following policy implications can be drawn for encouraging more effective overseas R&D activities of Korean enterprises in emerging countries. First, the government needs to expand the support systems so that enterprises can manage local R&D centres more effectively and actively use the variety of local support systems and useful information. Second, the government needs to expand the support systems so that the overseas R&D centres of Korean enterprises revitalise collaborations with locally excellent universities and research institutions.

What Promotes International Sustainable Development of Green Ventures? The Joint Effects of Entrepreneurial Orientation and Home Country-Based Networks

  • Dejin Su;Yeong-Gil Kim
    • Journal of Korea Trade
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    • v.26 no.4
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    • pp.39-62
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    • 2022
  • Purpose - Along with the growing awareness of environmental sustainability, international green entrepreneurship is expected to realize international sustainable development (ISD) by introducing ecological innovation results, using fewer resources consumption, and reducing negative environmental impacts. Building upon contingency theory and social network theory, this paper attempts to explore the role of home country-based networks (technology ties and business ties) as contingent factors that might impact the effectiveness of entrepreneurial orientation (EO) in promoting ISD among green ventures. Design/methodology - Original data were collected from 127 green ventures in China based on the random sampling technique. These green ventures mainly focus on the lower use of energy or materials, lower CO2 emissions, and higher ecological benefits located in the Fujian province, which highlights green economic growth and economic cooperation with international markets. Moderated hierarchical linear regression analysis was conducted to test our hypotheses concerning the main relationship between EO (innovativeness, proactiveness, and risk-taking) and ISD as well as the moderating effects of home country-based networks (technology ties and business ties) on the main relationship. Findings - Empirical results indicate that: first, both innovativeness and proactiveness positively affect ISD; second, both technology ties and business ties at home might significantly strengthen the positive relationship between innovativeness (or proactiveness) and ISD. However, this study did not find significant moderating effects of technology ties or business ties at home on the relationship between risk-taking and ISD. Originality/value - Since previous literature often gives more focus on the host country context of social networks, this study shifts to a home country-based network context. Therefore, our research might enrich the international green entrepreneurship literature by empirically investigating the contingent value of home country-based networks in the relationship between EO and ISD in the context of an emerging economy such as China.

Status and Perspectives of Korea Automotive Industry (한국 자동차 산업의 현황 및 전망)

  • 김주영
    • Journal of the Korean Professional Engineers Association
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    • v.37 no.5
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    • pp.42-46
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    • 2004
  • Automobile industry with history of more than 100 years is totally influencing all the economic environments and has very important wellbeing role in the World in every country of the world. Korean Automotive industry in production has only about 40 years but ranked remarkably 6th biggist in the world in the year of 2003. Nowadays The auto, industry has changed into buyer's market in competitively global battle fields and also is changing industry paradigm in product, sales, production, colarboration & emerging, etc. BRICs(Especially China)are rapidly emerging as main producers and customers in new big markets. Korea Auto. Industry faces crictical problems such as higher salary, furious labor union's striking lack of raw material, evasion of 3D works with studying engineering by students which are the key pending agenda that should be overcome for prosperous growth and development of achieving US20,000 GNP.

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International Development Assistance of Russia

  • Kim, Bongchul
    • International Journal of Advanced Culture Technology
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    • v.8 no.2
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    • pp.209-215
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    • 2020
  • Russia has an interesting history as a donor, recipient and re-emerging donor in international development assistance (IDA). This article introduces the history, policy and challenges of Russian IDA, and provides suggestions for such challenges. The main barrier to Russian IDA is the absence of a central government agency and Russia can learn from other country's experience. Concerning lack of data on the provision of assistance to each sector of IDA and the large number of recipient countries, Russia can learn from Korea particularly in education sector. With respect to building a system ensuring the efficiency of the Russian IDA works, a tool for analysis of the effect of the Russian IDA programmes may be drawn in consultation with international institutions or successful programmes of other donor countries.

The Precarization of Employment: A Case of Kazakhstan

  • Jumambayev, Seisembay
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.2
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    • pp.59-66
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    • 2016
  • Dynamic changes in the field of labor relations have become a general trend in the world practice. These changes are due the impact of globalization and technological innovation above all. Concept of "precarization of employment" appeared due the new emerging labor relations. This term has been used for more than thirty-five years, but there is still no generally accepted definition of it. A wide range of authors' viewpoints on problem of precarization makes it vague and impossible to strictly to identify its borders. Features of its manifestations in different countries also complicate the problem. Kazakhstan is a country with export-oriented economy of raw materials. At the same time government try to solve the problem for the industrial-innovative development of the economy. These two factors bring additional specific features in the manifestation of the precarization of employment in the country. The aim of the paper is to identify the features of "precarization of employment" concept in Kazakhstan's practice, based on the proposed definition.

COVID-19 as a Recognized Work-Related Disease: The Current Situation Worldwide

  • Sandal, Abdulsamet;Yildiz, Ali N.
    • Safety and Health at Work
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    • v.12 no.1
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    • pp.136-138
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    • 2021
  • Coronavirus disease 2019 (COVID-19), which is a newly emerging infectious disease worldwide, can be categorized as an occupational disease, because employees, particularly in the healthcare system, can be infected at the workplace. As of December 15, 2020, we summarized the occupational safety and health practices in selected countries on the recognition of COVID-19 as one of the occupational risks. The situation has differed among countries, including the recognition status and whether a specific regulation existed. International organizations, namely the International Labour Organization, World Health Organization, and European Union, should plan and conduct studies on the work-relatedness of COVID-19, propose criteria for recognition, and add the infection to the occupational disease list to provide a basis for specific country regulations. Stakeholders should also act to adjust country-level legislation.

Export Competitiveness of Korean IT Eguipments in USA and China (한국 정보통신기기의 수출경쟁력 분석 -미국시장과 중국시장을 중심으로-)

  • 정동진;안춘모
    • Journal of Korea Technology Innovation Society
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    • v.4 no.3
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    • pp.323-341
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    • 2001
  • In this paper, we analyse the competitiveness of Korean If sector with international trade data. We focus on importance of emerging Chinese IT sector. It is specifically summarized as follows. First, China as competitor in US market reveals relative disadvantage than Korea. Next, Korea has lost competitiveness in China. To make a international comparison we work hard In set up trade data of specific country.

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