• 한국디지털정책학회:학술대회논문집
• /
• 2005.11a
• /
• pp.323-335
• /
• 2005

Globalization of economy brings both opportunities and threats especially for companies in developing countries such as Korea. Globalization is an opportunity because it may expand the size of market for the company where globalization brings a threat for developing global competitiveness. If the company has already built competitive advantage in its business domain, the company can easily transfer market growth to profit improvement. However, if the company has not developed competitive advantage, globalization of economy will give a serious threat for the survivor of the company. The company might lose its own domestic market share. For the less famous brand of product or company name, international expansion is a challenging strategy. The study evaluated organizational performance of companies that try international expansion by utilizing Miles and Snow's strategy typology. We clustered organizations based on their strategy typology (prospector, analyzer, defender, and reactor) in view of the level of product diversification, new product development instances, level of localization, and autonomy of foreign subsidiary. With the strategy typology, we evaluated international strategy in view of product competitiveness, marketing strategy, human resource strategy, and organizational strategy. The regression result demonstrates that the performance of the company is significantly higher when the company employs prospector strategy. We also found out that product quality and emphasis for developed countries in international expansion are the most important factors for success.

• Journal of Korea Port Economic Association
• /
• v.31 no.2
• /
• pp.103-114
• /
• 2015

The exchange rate volatility during the global financial crisis in 2007-2009 led Korean shipbuilding companies to face currency risk. The use of foreign currency derivatives to take a risk in financial exposure affects them significantly. This research analyzes how the use of foreign currency derivatives affects the Korean shipbuilding industry in relation to its foreign sales by company type and over time, especially before and after the crisis period. It is based on statistical data presented by KOSHIPA and KOSIC in 2001-2014. The results of the analysis show that there is a significant relationship between foreign currency derivatives and foreign currency exposure for all firm sizes and years, but no relationship between them overtime.

• The Journal of the Petrological Society of Korea
• /
• v.17 no.4
• /
• pp.231-237
• /
• 2008

Famous foreign mining companies in Argentina are Xstrata, Barrick Gold, Yamana Gold, and Anglogold Asaanti respectively. Among these companies firstly a profile of Xstrata including company history, current and future mining projects, production, and financial condition are introduced in this paper for the Korean mining companies those are sincerely looking for reliable collaborative partners not to make serious mistake in investment.

• Journal of Drive and Control
• /
• v.20 no.1
• /
• pp.27-33
• /
• 2023

From the perspective of dental chair manufacturers, it is important to of localizing hydraulic system in order to secure market competitiveness. This study aims to develop the analysis model of a dental chair which overseas companies secure core technologies. The study follows the steps below. First, the component parts of the solenoid valve unit of a foreign leading company are analyzed and implemented in virtual environment. Second, dynamic behavior scenario is established based on solenoid valve signal chart provided by a foreign leading company. The analysis model is verified and its performance is analyzed using dynamic behavior according to each scenario. Third, a simulation is carried out to determine whether the cylinder velocity of designed hydraulic system surpasses 1cm/s as required by the design.

• Journal of the Economic Geographical Society of Korea
• /
• v.15 no.2
• /
• pp.166-191
• /
• 2012

This paper investigates how the agent specificity of economic infrastructure-related public company proceeds in overseas investments. At first this paper examines general features focused on investment region, project type, starting year, and then analyzes overseas investments based on specific cases with three classifications which are composed of special consulting type that do not accompany capital investment, FDI type, and type of overseas energy resources development that go with capital investment and business risk. Finally nationality issues that is generated by agent characteristics of infrastructure public company are interpreted in perspective of duality which is financial pressure and dependency of host county's position, and relationship with private capital of home country.

• Knowledge Management Research
• /
• v.20 no.1
• /
• pp.231-249
• /
• 2019

Technology transfer from a multinational company to a local subsidiary is essential for successful local market operations. This study aims to analyze the impact of market, cultural and institutional environmental factors on international technology transfer and innovation performance based on the S-C-P paradigm. We collected data from one hundred ninety-five subsidiaries of Korean parent firms located in seventeen countries and used structural equation modeling to test hypotheses. The analysis findings are as follow; First, both market and cultural environment directly affect international technology transfer. However, institutional environment such as protection of intellectual property does not affect international technology transfer. Due to the less risk of technology disclosure involved in technology transfer within the MNE organization can be not relationship between protection of intellectual property in the host country and the foreign subsidiary's transfer of technology. The risk of infringement of intellectual property is relatively low in intra-firm transfer of technology. Second, the technology introduced from the parent company has a positive effect on the innovation performance of local subsidiaries. This implies that multinational companies that have entered unfamiliar overseas markets should be able to effectively transfer the inherent advantages of the parent company to their overseas subsidiaries, and that their ability to adapt to the local environment is important.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.2
• /
• pp.933-941
• /
• 2021

This research aims to test the effect of corporate governance factors on corporate social responsibility (CSR) disclosure and its impact on a company's financial performance. The factors of corporate governance referred to in this research are foreign ownership, state ownership, number of board of commissioners, the proportion of independent commissioners, and educational background of commissioners' board. Based on the purposive sampling method, 194 companies were selected with a total of 582 observations. The data analysis used in this study was the Structural Equation Model (SEM) approach by using the alternative Partial Least Square (PLS) method. The results of this research indicated that state ownership, number of board of commissioners, and the proportion of independent commissioners had a significant positive effect on CSR disclosure. While the foreign ownership and the educational background of the commissioners' board have had an insignificant effect on CSR disclosure. Then, CSR disclosure had a significant positive effect on the companies' financial performance. The findings of this study suggest that the positive effect of the CSR disclosure on performance is because the disclosure is able to improve the company's reputation; the more social activities are carried out will improve the customers' loyalty as well as the support from other stakeholders which in turns will improve the company's performance.

• International Journal of Internet, Broadcasting and Communication
• /
• v.8 no.4
• /
• pp.39-47
• /
• 2016

This study is a smart tourism research based on face recognition applied system that manages individual information of foreign tourists to smartphone. It is a way to authenticate by using face recognition, which is biometric information, as a technology applied to identification inquiry, immigration control, etc. and it is designed so that tourism companies can provide customized service to customers by applying algorism to smartphone. The smart tourism system based on face recognition is a system that prepares the reception service by sending the information to smartphone of tourist service company guide in real time after taking faces of foreign tourists who enter Korea for the first time with glasses attached to the camera. The smart tourism based on face recognition is personal information recognition technology, speech recognition technology, sensing technology, artificial intelligence personal information recognition technology, etc. Especially, artificial intelligence personal information recognition technology is a system that enables the tourism service company to implement the self-promotion function to commemorate the visit of foreign tourists and that enables tourists to participate in events and experience them directly. Since the application of smart tourism based on face recognition can utilize unique facial data and image features, it can be beneficially utilized for service companies that require accurate user authentication and service companies that prioritize security. However, in terms of sharing information by government organizations and private companies, preemptive measures such as the introduction of security systems should be taken.

• Journal of the Korea Safety Management & Science
• /
• v.14 no.1
• /
• pp.53-63
• /
• 2012

The purpose of this study is to grasp foreign worker's industrial safety and health state, which find out the improvement to secure the basic safety net for foreign workers. We have investigated 2,050 workers through direct interviews during the period from April 12, 2010 to May 31, 2010. And the result of analysis, foreign worker's daily average working time is 10.6 hours(40.8% workers in total work 10~12 hours), the extent of exposure to harmful and dangerous working environment is 'the position which cause pain in neck, waist, hands, shoulders, legs'(69.3%), 'repetitive hands and arms movement'(66.1%). It showed 'experience of accident damage or disease related work'(27.3%), 'never apply for industrial accident compensation' is revealed high at 73%. As a result of completing a safety health education for a year, it showed 'never educated'(40.2%), 'the institute that foreign workers have used for help and advice is the foreign worker's support center'(61.9%) Thus, hiring foreign workers in the company are small in site, the environment is too harmful and dangerous. In addition, no safety and health managers, legally blind spot located in the health and safety, because it is an urgent meet for these measures to improve.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.6 no.2
• /
• pp.1-12
• /
• 2011

Korean government have supported the foreign internship system for plant industry to bring up the professional personnel for this industry. The Korea Plant Industry Association(KOPIA) has sent 400 interns each year to the foreign plant construction field since 2009. The purpose of this study is to analyze this foreign internship system in quantitative aspects and to suggest the several improvements on this system. In 2010, 402 interns, which exeeds the primary object 400, were sent to the foreign field and this study analyzed the 2010 results by monthly, by major of participating interns, and by the business type of participating company. Finally, this study suggests several improvements for this internship system as follows : 1) the enlargement of the internship system into employement, 2) the need for the public relations(PR) of this systems, 3) the establishment of cooperating network among participating universities, and 4) the enforcement of network among participating company, KOPIA, and paricipating interns.