• Title/Summary/Keyword: Expand Overseas

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A Study on Smart City-Based Overseas Real Estate Development Advancement Strategies through International Development Cooperation: Focusing on the case of Colombia (국제개발협력을 통한 스마트시티 기반 해외 부동산개발 진출 전략에 관한 연구: 콜롬비아 사례를 중심으로)

  • Dae Ill Kim;Chun Ho Yeom
    • Journal of Information Technology Services
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    • v.23 no.5
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    • pp.1-19
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    • 2024
  • Recently, Korea has been promoting cooperation with various countries, mainly ODA countries, with the aim of exporting Korean smart cities for the globalization of smart cities. In particular, smart cities aim to solve urban problems by combining big data and ICT in the urban field, and it is important to lay the foundation for Korean public and private companies to expand overseas through the discovery of smart city technologies by specialized companies such as smart transportation systems, smart urban logistics, smart finance, and smart disaster prevention. The purpose of this study is to present a methodology for analyzing basic data and a financial plan for building a smart city master plan through the Economic Development Experience Sharing Project(KSP) for the Abura Valley in Colombia, where urbanization is occurring at a rapid pace. It also aims to provide a foundation for Korean public and private companies to expand overseas, especially in ODA countries.

Capability Evaluation for Improving Competitiveness of the Korean Construction Firms

  • Kwon, Nahyun;Park, Moonseo;Lee, Hyun-Soo;Son, Bo-sik;Jang, HyounSeung;Kim, Jin-Woo
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.746-747
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    • 2015
  • Recently, Korea has achieved accumulated total value of orders of six hundred billion dollars in international construction market, and it is facing a new turning point by entering the overseas construction market. However, according to the statistics on the current internal construction market, the accumulated value of orders has been mainly obtained by plant projects in the Middle-East area. To improve international competitiveness of Korean construction industry, it is required to expand and diversify the target areas and construction business sectors. To expand markets, each construction firm should establish the expansion strategy and assess the capability which includes the strength and weakness of their firm. Therefore, this research aims to evaluate the capability of the Korean construction firms for overseas expansion. Through the research, Korean construction industry is expected to strengthen competitiveness toward the overseas markets. Furthermore, this research contributes to expanding and diversifying markets for domestic construction firms.

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Inter-Industry Convergence Strategies of Geospatial Information Industry for Overseas Expansion (공간정보산업 해외진출을 위한 산업 간 융합 방안 연구)

  • JEONG, Jin-Do;SAKONG, Ho-Sang;LEE, Jae-Yong
    • Journal of the Korean Association of Geographic Information Studies
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    • v.18 no.2
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    • pp.105-119
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    • 2015
  • The overseas expansion is essential to expand domestic geospatial industries in a state of saturation. But current overseas expansion method has be limited to expand global market. Inter-industry convergence strategies may be the most resonable alternative to expand global market through raising the expansion possibility to developing countries with ODA funds and to developed countries with converging global competitive industries. This research investigates various foreign developed and developing countries to draw each demand. As a result, easiness of convergence, confidentiality of information, complementarity of poor infrastructure, responsiveness of various demands and sustainability of system are needed to successful convergence on multiple industries. This research seeks convergence framework to meet this demands, and suggests each component. This convergence framework is consisted of geospatial convergence common framework, inter-industry convergence model and institutional supporting system for overseas expansion.

Inter-Industries Convergence Strategies of Geospatial Information Industry based on Cloud Computing Technologies for Overseas Expansion (공간정보산업 해외진출을 위한 클라우드 컴퓨팅 기반 산업 간 융합 방안 연구)

  • Lim, Yong-Min;Lee, Jae-Yong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.6
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    • pp.3769-3777
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    • 2015
  • Overseas Expansion is essential to expand domestic geospatial industries in a state of saturation. But current overseas expansion method has be limited to expand global market. Inter-industries convergence strategies may be most resonable alternative to expand global market through raising expansion possibility to developing countries with ODA funds and to developed countries with converging global competitive industries. This research analyzed the industry to develop a suitable way fusion between these industries. As a result, easiness of convergence, confidentiality of information, complementarity of poor infrastructure, responsiveness of various demands and sustainability of system are needed to successful convergence on multiple industries. This convergence framework is consists of geospatial convergence common framework based on cloud computing, inter-industries convergence model and institutional supporting system for overseas expansion.

A Case Study on the Overseas Expansion Strategy of a Franchise Restaurant (외식프랜차이즈 기업의 해외진출 전략에 관한 사례연구)

  • Sung Mok JUNG;Il Han LEE
    • The Korean Journal of Franchise Management
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    • v.14 no.3
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    • pp.17-35
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    • 2023
  • Purpose: As more and more food franchise companies want to expand overseas, related research is becoming more and more necessary. This study aims to examine the critical factors for successful overseas expansion according to the stages of overseas expansion, derive vital associations, and examine the success factors of overseas expansion through semantic network analysis. Research Design, Data, and Methodology: This study conducted in-depth interviews with three food franchise companies that have experienced overseas expansion and conducted semantic network analysis among crucial associations. The semantic network analysis was conducted using the Textom program. Results: Based on the results of the in-depth interview analysis, the factors considered when expanding overseas were categorized as 1) standardization and localization strategies of overseas franchisees, 2) physical environment of overseas franchisees, 3) entry types of overseas franchisees, 4) constraints of overseas franchisees, and 5) success criteria of overseas franchisees. The semantic network analysis based on the corresponding keywords showed that the importance of local partners is very high in common. Conclusion: This study examined and re-categorized the important factors to consider when a restaurant franchise company expands overseas in a step-by-step manner. In addition, an attempt was made to examine the keywords derived from the semantic network analysis objectively. The results provided theoretical and practical implications for the successful overseas expansion of franchise companies.

Application of sensory and consumer science targeting overseas market (해외 시장 공략을 위한 감각·소비자과학의 활용)

  • Kim, Ji-Yoon;Suh, DongSoon
    • Food Science and Industry
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    • v.52 no.1
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    • pp.32-39
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    • 2019
  • The domestic food industry intends to expand overseas market. In order to succeed, in-depth research on local consumers is essential. This paper examined consumer research methodology and case studies based on sensory and consumer science for developing products targeting overseas market. Consumer research should be prece ded by overseas consumer panel construction. Then, this can be followed by application of various consumer research methodologies on new product development process. The most important consideration in this case is that application of same research methods or criteria as for domestic market could lead to significant errors in terms of reliability of results. Therefore, in order to develop successful products that accurately meet the needs of overseas consumers, careful study and consideration of the differences between markets would be essential from consumer researcher and decision-maker's sides.

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.

A Fundamental Study on the Comparison and Analysis of Overseas Design Orders of Korea, China and Japan (한중일 해외설계수주액의 비교·분석 기초 연구)

  • Park, Hwan-Pyo;Han, Jae-Goo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.11a
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    • pp.195-196
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    • 2019
  • The purpose of this study is to analyze the scale of overseas design orders in Korea, China and Japan by region and type of work, and to draw implications. As a result of analyzing the overseas design sales market of Korea, China and Japan, all three countries have the highest percentage of overseas sales in the Asian market, and the overseas design sales are the highest in power generation, chemical plant and transportation sectors. In addition to the Middle East and Asian markets, Japan and China have also diversified their strategies to diversify their markets by taking orders in various regions such as Europe, Africa and the United States. In particular, China is promoting the "New Silk Road Project" (One belt, One road), linking land and sea to a total of 25 countries and actively supporting aid projects in Africa and Asia, have. In addition, Japan has been actively supporting the government's expansion of ODA projects to expand overseas market entry. Therefore, it is necessary for Korea to increase its market share through diversification of overseas design market and diversification of industrial type, and to participate in overseas design market by expanding customized R&D investment.

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Study on Revitalization of Overseas Employment through the K-Move School Program - Focusing on the USA employment cases of fashion students at P University -

  • Park, HyeSook
    • International Journal of Advanced Culture Technology
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    • v.8 no.4
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    • pp.33-38
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    • 2020
  • P University applied for the overseas expansion project of K-Move School operated by Human Resources Development Service of Korea, and was selected twice in 2016 and 2017 to operate the program. The goal of this study was to prepare an activation plan based on the results of the training program to enter the fashion industry in LA, USA. The lack of research It was confirmed that the K-Move School program could provide young people with opportunities to grow into global talents in a situation where it is very uneasy to predict the future based on the domestic employment environment alone. However, in order to successfully expand overseas jobs, systematic and strategic policies are essential by the government and related ministries or institutions so that practical programs suitable for young people can be operated. It is hoped that the results of these studies will be used as basic data for young adults and leaders who are in charge of teaching overseas.

The effects of Robot as 4th industry revolution Technology on Labor Market and Trade (4차산업혁명 대응 기술로서 로봇이 노동 시장과 무역에 미치는 영향)

  • Jeong-Ho Yoo;Byeong-Ho Lim
    • Korea Trade Review
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    • v.47 no.5
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    • pp.241-251
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    • 2022
  • As a 4th industrial revolution technology, robots are changing the form of labor market and trade in Korea. In the future, changes in the international trade order are expected to move in the direction of shortening global supply chains and restricting trade between countries. Accordingly, reshoring of relocating overseas production facilities to Korea or near-shoring of relocating overseas production facilities to neighboring allies may expand. In this context, this study analyzed the impact of robot introduction on the domestic labor market and trade based on firm-level data. As a result of analysis based on the 'business activity data' accumulated from 2017 to 2019, the introduction of robot technology was analyzed to expand low-wage, low-skilled employment. Analysis on trade shows that the introduction of robots decreases exports and increases imports. In order to expand exports through the technology of the 4th industrial revolution, employment expansion and robot introduction should occur at the same time, rather than replacing the labor force with robots. In addition, it is thought that reshoring's goal of risk management can be achieved when a stable supply chain for imports of raw materials or essential goods, which are difficult to transfer to Korea, is established together.