• Title/Summary/Keyword: Firm Characteristics

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An Impact of Firm's Relational Characteristics on the Trust in Supply Chains : Focus on Textile Maker and Retailer (공급체인상의 조직간 관계적 특징이 신뢰에 미치는 영향 : -남성정장메이커와 대리점을 중심으로)

  • 권기대;정락채;신정화
    • Journal of the Korean Society of Clothing and Textiles
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    • v.27 no.2
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    • pp.229-238
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    • 2003
  • The objective of this study is to investigate the impact of firm's various kind of characteristics on the oust in the supply chains between the textile makers and the retailers. Based on the preceding literature review. six hypotheses are proposed. To test the proposed hypotheses, data were collected utilizing questionnaires from 68 retailers(fashion shop). To analyze the data the SPSSWin statistical package was employed. Two(H4 and H6) out of six hypotheses were accepted, the others were rejected. According to the results, the greater the impact of the shared value and the reputation for the retailers on the textile maker is, the stronger the trust of the retailers in the textile maker is. Based on the research results, we can conclude that the trust management is a very important factor in the supply chains between the textile makers and the retailers.

첨단기술 기반기업(NTBF)의 성장 요인 분석 - 역동적 기업 역량(DFC)의 시각에서 -

  • Son, Chan;Chung, Jae-Yong
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2003.05a
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    • pp.369-388
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    • 2003
  • This research has been focused upon and analyzing Medison, once a leading New Technology-Based Firm (NTBF) in Korea with exceptionally advanced technology in 3D ultrasound diagnostic imaging devices (UDIDs) (armored with 23 subsidiaries at its peak expansion), from the perspective if Dynamic Firm Capability(DFC). The underlying hypothesis is that the various problems from its pointless pursuit of the business styles or precedents of the existing large firms might be traced to its specific characteristics as an NTBF, which should have more preferably been based upon the distinctive competences such as differentiated technologies, institutional linkages, organizational routines, and complementary assets, etc. In conclusion, for the NTBFs with different DFC domains from those of the large firms, the optimal external linkages and comprehensive integration efforts (Process) under their specific organizational characteristics and constraints (Path) are highly recommended for the continuous accumulation of their core capabilities based upon the technological assets (Position).

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A Study on the Determinants of the Economic Value of Patents Using Renewal Data (특허의 경제적 수명의 결정요인에 관한 연구 : 갱신자료를 활용한 생존분석)

  • Choo, Kineung;Park, Kyoo-Ho
    • Knowledge Management Research
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    • v.11 no.1
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    • pp.65-81
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    • 2010
  • This paper explores the determinants of the economic value of patents using a survival time analysis. The analysis is based on renewal information of about 250,000 patents filed from 1984 to 2005 in the Korea Intellectual Property Office. A patent right is valid only when its owner pays yearly maintenance fees. Failure to pay causes patent rights to be lapsed. We use the fact that more valued patents live longer and the lengths of their renewals can be closely related to their value. The value can be affected not only by its own technological aspects such as quality and breadth, but also by characteristics of its owners such as innovativeness and age. This paper presents patent-specific and firm-specific characteristics which influence patent value. The result of analysis implies that patent value depends on both the technological contents of the patent and general capabilities of a firm.

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The study on the effects of firm′s characteristics on the logistics information system (기업특성이 물류정보시스템에 미치는 영향에 관한 연구)

  • 이해신
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.47
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    • pp.253-266
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    • 1998
  • The purpose of this study was to analyze the difference in logistics information system and indirect effects of logistics performances on the acceptance level of logistics information system. The limitation and recommendation of this study were as follows : First, as the history of logistics introduction in Korean corporations is short, the level of logistics information system sampled in this study is very low. So the findings of this study is hard to represent the general logistics information system situation of in Korea our corporations. Second, the focus of this study is on the manufacturing corporations, so the study on the logistics corporations is required. And the study on the effects of firm's situation(formalization, decentralization, concentration, strategic plans) on the characteristics of logistics information system is needed.

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Mediating Effects of Green Purchasing Capability on the Organizational Characteristics-Firm Performance Relationship

  • Min, Soonhong;Im, Subin;Kogan, Tatiana
    • Asia Marketing Journal
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    • v.16 no.1
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    • pp.13-20
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    • 2014
  • Despite heightened interest in and increased urgency surrounding the adoption of green business initiatives, firms seem to suffer from a limited understanding of the prerequisites and profit potentials of green strategies. Our proposed theoretical model suggests that green purchasing asa unique firmcapability must be built on internal organizational characteristics (i.e., top management commitment to environmental management, inter-functional coordination, and performance evaluation and reward systems), and that it eventually helps a firm obtain positive financial performance. We offer some research propositions about potential causal relationships among key constructs that can be empirically tested in future research. We conclude the current study with implications for both managers and researchers.

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The Empirical Study on Relationship Between Corporate Performance and Related Business Experience of Game Company's CEO : Moderating effect of Social Capital (게임기업 CEO의 관련사업경험이 경영성과에 미치는 영향에 관한 실증적 연구 -사회적 자본의 조절효과를 중심으로-)

  • Seo, Tae Geon;Yang, Dong Woo
    • Journal of Korea Multimedia Society
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    • v.18 no.11
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    • pp.1408-1418
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    • 2015
  • As the CEO`s of game companies should be ready for the rapid change of technical environment of game industry, highly skilled employees and the social capital become very important factors in doing game business. 2013 Korea Game White Paper shows that many game companies prefer employees with job experience. The social capital and network help game companies get industrial information easily. This study empirically examines the relationship among CEO`s related business experience, corporate performance and social capital based on 134 Korean game companies. CEO`s characteristics are measured by using demographic characteristics including age, amount of education, and prior job experience and psychological characteristics, but this study focuses on related business experience. The results of this study show some significant relationship between the related business experience of CEO and nonfinancial performance of the firm. Secondly, this study verifies the moderating effect of the social capital between the related business experience of CEO and non-financial performance of the firm. The results of the moderating effect of the social capital show that social capital increases the non-financial performance.

Firm Characteristics and Modes of University-Industry Collaboration: Cases of Japan and Thailand

  • Pittayasophon, Siriporn;Intarakumnerd, Patarapong;Sumikura, Koichi;Saito, Hiromi;Suzuki, Jun
    • STI Policy Review
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    • v.7 no.1
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    • pp.17-39
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    • 2016
  • Despite the importance of university-industry collaboration, issues pertaining to the characteristics of collaborating firms, their modes of interaction, and the relationship between these modes and outcomes are not well-researched. The impact of country's development on these issues is also unclear. This case study examines Japan and Thailand-respectively representing developed and developing countries-and features the following key findings: 1) the characteristics of firms affect modes, with large Japanese firms being more collaborative with universities, whereas Thai SMEs significantly collaborate more with universities; 2) the relationship between modes in Thai firms is stronger than those of Japanese firms because in Thailand, perhaps due to weak technological capacity, R&D collaboration is conducted alongside university consultancy services; and 3) in Japan, R&D and human resource development collaboration lead to product innovation, whereas different outcomes are expected from different modes in Thailand. Apparently, trivial informal collaborations do have significant impact on innovation.

신생모험기업의 전략유형에 관한 연구

  • 백경래;박상문;배종채
    • Journal of Technology Innovation
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    • v.4 no.1
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    • pp.1-26
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    • 1996
  • Traditional studies of new venture performance have focused on the characteristics of entrepreneurs and have shown conflicting results on the relationship between the characteristics and performance of new ventures. Recently, some researchers have broadened their search to include aspects of the industry and the strategy of new ventures. The purposes of this study are to identify wtrategic archetypes of new ventures based on the taxonomic approach and to explain the differences in new venture characteristics and performance among strategic archetypes. To find the strategic archetypes, 114 new venture CEOs from various industries were asked to describe their ventures' competitive strategy through 19 questionnaire items on competitive methods. Using factor analysis and subsequent cluster analysis, four archetypes were identified such as : versatile type, technology-driven type, market-oriented type, and cost reduction type. The results imply that there exist different types of venture strategy even among new technology-based venture firms in Korea, and show the differences in performance among strategic archetypes: market-oriented type and versatile type are better than cost reduction type in terms of growth rate and profitability. Because the venture strategy in identified as a major determinant of the venture performance in this study, the choice of venture strategy suitable for firm's industrial characteristics and internal resource bases becomes a very strategic decision for firm's sustained growth. Further studies are needed to strengthen some methodological limitations of the study.

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Board Characteristics and Capital Structure: Evidence from Thai Listed Companies

  • THAKOLWIROJ, Chalisa;SITHIPOLVANICHGUL, Juthamon
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.861-872
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    • 2021
  • This study examines the relationship between board characteristics and capital structure. Data was collected from the annual reports of listed companies in the Stock Exchange of Thailand, from 2015 to 2017, which totaled 1,264 firm-year observations. The study uses multiple regression analysis to analyses the data by using independent variables, including board size, outside directors, managerial ownership, CEO duality, frequency of board meetings, board experience, and gender to measure board characteristics and the total debt ratio for capital structure. Research findings show that the more independent the directors are, the lower the cost of debt financing is, as they control the management team more strictly about debt financing than directors with less independence do. Additionally, the results reveal that the higher the percentage of managerial ownership, the higher the level of leverage and debt financing, whereas board size and board meetings have a negative relationship to capital structure. Further research showed that firm size, growth opportunities and corporate governance rating all had a positive significant impact on capital structure. The findings of this study suggest that the presence of proper corporate governance leads to better funding mechanisms as it ensures that the company is in a better position to obtain external funding.

Changes in the International Trade Flows under the Globalized Economy : Expansion of Intra-Firm Trade and the Impacts on the International Trade Flows (세계화경제에서 국제교역흐름의 변화 : 기업내 교역의 증가와 그의 국제교역 흐름에 미치는 영향)

  • Keumsook Lee
    • Journal of the Economic Geographical Society of Korea
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    • v.3 no.1
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    • pp.35-51
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    • 2000
  • International trade flows have been determined by social, cultural and political environment around the world as well as economic elements. The environment of international trade has changed rapidly as the world has globalized. Significant changes have been generated in the international trade flows. This study investigates the influences of economic globalization on the international trade flows. The changes in international trade flows examined comprehensively by integrating trade with industrial locations, investment, and the various trade related environments. The focus laid on the integration of world economies, such as widening and intensifying international linkages in economic, political and social relation. Special concerns are laid on the impacts of Foreign Direct Investments (FDI) by Trans National Corporations (TNCs), which affect the supply-demand distributions of commodities by industrial relocations, and the expansion of intra-firm trade flows on the international trade flow patterns. The geographical characteristics of tile origins and destinations of FDI flows analyzed, since the spatial patterns of the intra-firm trade flows are determined by them. The FDI and intra-firm trade flow patterns have changed significantly over time.

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