• Korean Business Review
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• v.17
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• pp.27-52
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• 2004

The miraculous growth of Korean economy and its business corporations during 1960' s and 1970's are mainly due to the government leadership and its market intervention. We can find the reasons why the government initiated economic growth plan was so successful in Korea in its efficient bureaucratic government system and fair discipline to the corporations based on its contribution to the economy. During 1960's, the primary factors for the growth of business entities and the formation of business groups were the financial special favor, the preferential treatment in the new industry entrance and the merge & acquisition, lavish export incentives from the government, and the export explosion to Vietnam. During 1970's, the substantial deduction of corporations' private debt, enormous support in heavy industry investment, special benefits to general trading companies by the government, and the construction export to the Middle-East were the main causes of the business growth and the business groups formation. Also, the economic rent for the big companies had still been effective since 1960's. However, the preferential benefit to the big companies made them to diversify into the unrelated business ares and to be in very vulnerable financial position. The governmental support brought about the monopoly as well.

• International Commerce and Information Review
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• v.18 no.3
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• pp.131-151
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• 2016

The Korea-China FTA and China's huge development policy for its western regions could create a strategic opportunity for Korean Companies. This study suggests a strategy for expanding the domestic activities of Korean logistics Corporations and supporting the activities of Korean Companies operating in China. Using surveys of 32 Korean Logistics Corporations, important factors to consider when expanding into western China were analyzed. The results identified factors in the order of government, local markets, strategy, infrastructure, and finance and budget. The "development of Chinese Logistics specialists," "economic cooperation with the local governments of western China," and "holding investment Fairs and exhibitions" were important government-related factors. "Understanding entry permits and procedures for logistics corporations in China" and "understanding the logistics system of western China" were also shown to be important factors. Furthermore, governmental factors were suggested to be significant by large, medium-sized, and small businesses alike, while the factor of local markets was suggested to be significant by small-scale businesses.

• Korean Journal of Construction Engineering and Management
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• v.5 no.6 s.22
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• pp.101-109
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• 2004

The construction engineering field is less than $3\~5\%$ of the gross construction cost but engineering's role is very important because the performance of final facility is decided in the engineering stage. Nevertheless, before now government and private compares are more concentrated on construction works than making strategy to strengthen the competitiveness and technical development of investment in construction engineering sectors. Therefore this research have compared and analyzed the competitiveness of domestic construction engineering companies throughout analytic method 'SWOT' to those developing countries, which are potential big market objects, such as Russia Libya and Indonesia Such research was obtained through business trip & consultation with related specialists for the difficulties of domestic companies in advancing into overseas market. Moreover this research have analyzed the technical improvement of construction engineering companies and reason for competitiveness weaken by various aspects, it provides governmental and private plans to advance into overseas market Especially, to strengthen domestic companies into advancing overseas market it has suggested that tax & subsidy privileges, supporting plans for obtaining information of overseas and strategies cooperation with other organizations.

• Korean Journal of Organic Agriculture
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• v.6 no.2
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• pp.127-140
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• 1998

Organic farming excludes any use of the herbicide. The present paper reviews what can be done for effective weed control with existing weed control technology by farmers crop-ping paddy rice, field crops, vegetables, and fruit trees. If condition of the crop-land-al-lows diversified rotational use of the paddy land as paddy and upland field would minimize weed problem. Practising this is limited in acreage due to extremely limited governmental investment to the land for the purpose. Secondly, rotation of crops in the upland field breaking life cycles of various weeds adapted to each crop should reduce the weed problem. This is also limited as only a few crops are making the farmer profitable. In addition climate and tolerance of crops to high and low temperature. Monsoon rains and poor drainage restrict the freedom of choice. For any crop land year-round multiple cropping in denser planting shall lessen the weed problem, this multiple cropping practiced by 1960s has been abandoned due to laborshortage and increased production cost. Deep flooding the rice is impractical at present in Korean. Mulching crop with transparent, black , or combinated polyethylene sheet, hs been in-creasingly used. Progresses in development and use of mulch with allelopathic crop residues. inexpensive paper mulch, allelopathic crop residues, inexpensive paper mulch, allelopathic crop cultivar development, recently developed ex-perimental weeding machinaries, flamers, microbial herbicides, biological control organisms, soil sterilization techniques have been critically reviewed for their adoption into existing in-tegrated weeding system. Unfortunately, information on cost-benifit, and labor-benefit, for the various methods above mentioned are lacking. Urgent need for the research on rational weeding in organic farming, and herbicide low-input farming is emphasized.

• Journal of Society of Preventive Korean Medicine
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• v.6 no.1
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• pp.36-50
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• 2002

Health industry, a knowledge based high value-added industry, is being considered as a strategic area for the 21C and many advanced countries are making every endeavors for the promotion of health industry along with information technology, new materials, and mechatronics. Korean health industry, however, has been excluded from the governmental supports as well as bound by strict regulation so far, and there is a significant gap in technology compared with advanced countries. In 21C, technology is the main factor of national competitiveness and that is why the role of R&D institutes are so important in the high level of competition to cope with the technology protection policies of advanced countries. In this article, with Directory of Korean R&D Institutes published by Korea Industry Technology Association, I reviewed the trends of R&D institute of health industry. Main findings of the research can be summarized as follows. The portion of health industry R&D institute is 3.6% of total R&D institute but the amount of R&D investment is over than 5% This means health industry are knowledge based and R&D intensified industry, meanwhile the variations of same industry R&D institutes of health industry is huge in R&D investments and other activities. Regional distributions of health industry institutes show some kind of different patterns in each industry areas. Medical devices and Medical informatics's preference of metropolitan region are distinguished with other industry areas. Many of the institutes are located in same site of it's company rather than operating separate building for R&D specific uses. It is better for transforming ideas to products and close cooperation of research body with product lines, but it is a handicap for networking and communicating with other research institutions too. It takes 18.4yrs for bearing R&D institute on the average. For a long times 'copy products' or 'me too products' policies were easy way to maintain business entities. But recently, it is recognized that research activities are essential component of sustaining it's own business firms. This means technology itself is leading power of corporation itself in the high level of competition.

• Journal of Science and Technology Studies
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• v.7 no.1
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• pp.91-116
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• 2007

Under the strong support of the government, nanotechnology(NT) has been expanded rapidly in Korea. Korea was one of the countries that followed the National Nanotechnology Initiative(NNI) of the US very soon and set up their own policies for NT. This paper argues that the main rationale of the Korean version of NNI was so called 'catch-up strategy' by entering at the early stage of new technology. It stimulated scientists and engineers from various disciplines to do researches and to establish new education programs in NT. Unlike IT and BT, however, such fast and big investment in NT was approved by the public in the sense that there has been few criticism on the governmental NT policies and potential harness of NT. With the relative uninterestedness of the civil society and competititveness seeking policy in NT, ELSI in NT was not included in the Korean version of NNI and the results of technology assessments on NT were not introduced to the public at all.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.59-66
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• 2004

The construction engineering field is less than $3\~5$ of the gross construction cost, but engineering's role is very important because the performance of final facility is decided in the engineering stage. Nevertheless, before now government and private companies are more concentrated on construction works than making strategy to strengthen the competitiveness and technical development of investment in construction engineering sectors. Search research was obtained through business trip & consultation with related specialists for the difficulties of domestic companies in advancing into overseas market. Moreover this research have analyzed the technical improvement of construction engineering companies and reason for competitiveness weaken by various aspects, It provides governmental and private plans to advance into overseas market. Especially, to strengthen domestic companies into advancing overseas market, it has suggested that tax & subsidy privileges, supporting plans for obtaining information of overseas and strategic cooperation with other organizations.

• Korean Journal of Agricultural Science
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• v.38 no.3
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• pp.421-428
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• 2011

Of the countries where Korea has advanced for overseas afforestation investments, Indonesia might be the most important country. As the end of 2010, nine Korean companies have been implementing afforestation projects in Indonesia, covering a total area of one hundred and fifty thousand hectares roughly. Following the Memorandum Of Understanding (MOU) on afforestation investment covering five hundred thousand hectares (A/R CDM / industrial afforestation) signed between Korea and Indonesia, the two countries concluded in 2009 an additional MOU covering two hundred thousand hectares for biomass afforestation, thus securing a total afforestation area of seven hundred thousand hectares. Further it was guaranteed that afforestation license would have validity for maximum 95 years, which laid the foundation for long-term stable investments for afforestation projects. Forest law of Indonesia consists of Presidential decree and Governmental decree as superior regulations and Minister's decree as subordinate regulations, being made up of total 17 chapters. Forestry Minister's decree was amended at end of last year, as regards license for exploitation of timber and forestry products in afforestation area. In the past, such license to develop and use timber and forestry products had been granted under Forestry Minister's decree No. P 11 / Menhut-II / 2008. After the amendment in 2010, however, the ground was shifted to Forestry Minister's decree No. P 50 / Menhut-II / 2010, trimming the procedure to obtain afforestation license into a little simplified one.

• Journal of the Korean Regional Science Association
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• v.8 no.1
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• pp.1-29
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• 1992

The major purpose of this paper is to examine two closely related issues. An attempt is made here to examine internationally high land price in Korea from the perspectives of market fundamentals (MF) and bubble theory, respectively. Another theoretical issue, whether land speculation can result in market failure, is also examined. It has been concluded that the primary causes for the rapid increases in land prices in Korea, could be found in the perspective of MF. (1) The financial intermediaries has been controlled by the government since 1960s. Real Interest rates in the commercial banks has been controlled at the level of zero or sometimes negative; scarce financial resources has been rationed by the government. The governmental control of the bands has also resirained the development of securities market. Money, which can not find the appropri opportunity for saving in financial market, moves to land market. (2) Socially created land value, based on rapid economic gorwth and big public investment, has been appropriated mainly by the private: The effective tax rate of land holding tax has been under 0.02 percent; Real Estate Capital Galns Tax has, in fact, affected few persons, mainly because examptions and preferential taxation have been widely permitted. (3) The government has ploaced severe limitations on rural-to-urban land conversion, although the demand for urban uses has repidly grown. All factors above caused the cyclical land speculation. This, in turn, created the myth that land prices will inevitably continue to rise. Based on the myth, the growing bubble in land price has been created. This is the secondary reason for high land price relative to income in Korea. It is also shown that it is possible that speculation in land results in market failure because land is fixed in quantity and can be used for production and speculation purposes simultaneously.

• International Commerce and Information Review
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• v.6 no.2
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• pp.43-62
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• 2004

The present study reviewed the meanings of mediation and the roles of mediators, and examined the necessities of online mediation system, prerequisites for the settlement of the system, foreign cases of promoting online mediation and the current state of online mediation in Korea. It also identified problems in the mediation system in Korea and, based on the analysis of problems, discussed directions for the development of Korean mediation system in broad perspective. Directions for the development of Korean online mediation system suggested in this study can be summarized as follows. Firstly, the government must make an unsparing investment in order to activate online mediation system in Korea. Secondly, from the aspect of online mediation procedure, it is necessary to introduce online mediation system in combination with online seal system or certification marks. Thirdly, the judicial circle must take an amicable attitude toward ADR system and, furthermore, it is necessary for the court to be active in introducing various ADR systems. Fourthly, it is necessary to establish an integrated mediation system for the efficiency of mediation and cost saving. Fifthly, mediators must be provided with systematic and exhaustive periodical retraining programs. Lastly, it is necessary to help people to recognize that mediation system is a better service than other forms of dispute resolution procedure and particularly to enhance users' confidence in online mediation through advertising its advantages and safety. Moreover, in order to make e-commerce-related online dispute resolution available to everybody, it is necessary to overcome language barriers by establishing perfect service systems including automatic translation system in the governmental dimension.