• Title/Summary/Keyword: Human Capital

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A Comparative Study on Forecasting Models of Korean Entrepreneurs' Characteristics and Performances : Case of Manufacturing, Construction and Technological Industries (한국의 기업가 특성 성과 예측 모델 비교연구 : 제조업, 건설업 및 기술산업을 중심으로)

  • Lee, Sae-Jae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.3
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    • pp.109-116
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    • 2007
  • Entrepreneurship is considered as the main leadership creating enterprises and employment. However, in Korea empirical studies linking Korean entrepreneurial performances with her characteristics are rarely in existence. Current study focuses on Korean entrepreneurs in manufacturing, construction and other technologically intensive (MCOT henceforth) industries compared to entrepreneurs in service and other technologically less intensive (SOT henceforth) industries and to professional/technical wage workers and examines effects of human capital, demographic, and risk-taking characteristics on earnings. Education premium is higher for entrepreneurs in MCOT industries than for professional/technical workers, even though science and engineering diploma pays better in the latter, and that concentration in college causes more selection into the latter occupational family. In terms of education premium and effects of other characteristics SOT industry entrepreneurship and self-employment appear to be lower grade occupational families, even though there appear to be significant comparative advantages working in their selection.

Renovation plans of operation field of Seoul Metro Line 9 (서울 도시철도 9호선의 운영분야 혁신방안)

  • Han, Woo-Jin;Park, Jeong-Soo
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.1441-1446
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    • 2008
  • Seoul Metro Line 9 (SML9) is the first subway line that private capital invests in Korea. SML9 will cross Seoul, linking the Gimpo Airport to the Gangnam district (25.5km) opening in the first half of 2009. SML9 has a new model in Korea constructed by metropolitan government and private company and operated by specialized public transportation service provider. SML9 is confronted with tough environment of stagnated public transportation and strong competitor, Olympic city expressway. And SML9 is under pressure for showing high efficiency as non-governmental organization from both customers and government. Consequently SML9 must lead the maximum efficiency by using its material and human resource. It is necessary that SML9 raise a competitive power and display its ability in active collaboration with relative organization and company. Hereupon, I propose renovation plans from viewpoint of operation field of SML9, (1) efficient train scheduling regime focusing on the combination of express and local train (2) close connection of other mean of transportation and (3) effective connection convention with Airport Railroad (AREX) as the line connected directly.

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Technology Innovation in Korean Manufacturing Firms: Intra-Firm Knowledge Diffusion and Market Strategy in Patent Production

  • Hong, Chang-Soo;Jung, Jin-Hwa
    • Asian Journal of Innovation and Policy
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    • v.1 no.1
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    • pp.50-70
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    • 2012
  • This paper analyzes the factors that determine technology innovation in Korean manufacturing firms, focusing on the role of intra-firm knowledge diffusion and market strategy in patent production. For empirical analysis, zero-inflated negative binomial (ZINB) regression is applied to the 2009 Human Capital Corporate Panel data. The empirical findings confirm the critical role of intra-firm knowledge-sharing processes in technology innovation; firms with a market-leading strategy oriented to new product development also tend to be prolific in patent production.

Rational Theories of Discrimination and the Implications for Employment Relations and Transactions (합리적 차별이론과 고용관계 및 거래 관계에 대한 영향)

  • 이세재
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.24 no.69
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    • pp.36-49
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    • 2001
  • Group level discriminations are observed in employment relations and other transactions in the form of residential occupational and production segregation and differential treatments. Recent developments in the rational theories of discrimination both on the market level and the non-market level are reviewed in terms of their relative strengths, weaknesses and complementarities. Taste discrimination could remain much suppressed in the market but could effect much chain reaction through various ways of statistical discrimination, price discrimination, human capital investment and segregation. Taste discrimination could also take the more structured form of co-workers' requiring compensation for reduced productivity due to increasing interactions with members of different language and culture in a non-segregative system. If could also be viewed in the framework of brand learning models. Non-market models of discrimination are seen to be an essential part to explain extended modes of discrimination.

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Locational Determinants of FDI in Developing Countries (개발도상국 해외직접투자 유치 입지결정요인)

  • Yu, Seung Hun
    • Management & Information Systems Review
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    • v.32 no.5
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    • pp.1-18
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    • 2013
  • This study examined location determinants of FDI inflows in developing countries. I proposed and test modified gravitiy model empirically that include host country locational determinants, gravity link variable and home country control variable. The main findings are: countries with a larger market size, faster economic growth, higher per capita income, higher quality of human capital, higher level of foreign stock and more liberalized economic regime attracted relatively more FDI inflows.

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A Study on the Strategy of Technological Innovation to Enforce International Competitive Power for the Factory Automation - in the Industry of Automated Transportation and Stevedoring Machinery (국가 경쟁력 강화를 위한 공장자동화의 기술개발 전략에 관한 연구 - 운반 하역 기계 산업 중심으로)

  • 신용하;이근희
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.36
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    • pp.205-218
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    • 1995
  • The trends of economic business environment have been changed to the ultimate competion, diverse market and need of new technology. To enforce the international competitive power, continuous technology innovation should be propelled. But the characteristics of small and medium company make it hard to get lead of market share. The industry of transportation and stevedoring machinery also have the same situation as small and medium company. This paper try to present the way of competitive power. The Strategic technology innovation for the industry of transportation and stevedoring machinery consists of product strategy, process design strategy, infra-structure strategy and R&D. There are benefits and shortcommings to get the competitive power for the industry of transportation and stevedoring machinery. Therefore the onclusion presented that capital for reverse engineering, export policy, human resource, thechnical cooperation with the institutions are required.

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Financial Structural and Operational Characteristics and Management Decision-making Behavior of the Red-figured Hospitals (적자병원의 재무구조 및 운영적 특성과 경영의사결정 행태)

  • Hwang, In-Kyoung
    • Korea Journal of Hospital Management
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    • v.4 no.2
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    • pp.305-329
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    • 1999
  • Financial ratio indicators of the 46 sample hospitals provided by the Korea Health Industry Development Institute, together with the survey data responded by the 57 sample hospitals, were analysed to identify the characteristics of the red-figured hospitals' financial structure, financial operational efficiency and management decision-making behavior, The financial characteristics identified through the analysis include high dependency to liabilities, high salary expenses and overhead costs, low profitability of the unduly large amount of fixed assets, and low managerial efficieny of inventory. The hospitals, in face of the IMF economic impasse, took the necessary decision-making and counter measures to cut down salary expenses, to increase the number of patient and medical revenue, and to reduce investment to fixed assets. Based on these findings this study suggested that the hospitals should take more active cost containment measures, financial structural reorganization, and developoment of the strategies that can contribute to increase of the number of patient and medical revenue and that do not. require much capital funds.

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The Burden of Private Educational Expenditure and Consumption Expenditure (사교육비 부담과 가계의 소비지출)

  • Lee Seong-Lim
    • Journal of Families and Better Life
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    • v.23 no.3 s.75
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    • pp.63-76
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    • 2005
  • Using the data from the Family Income & Expenditure Survey, this study investigated (1)the factors determining the level of burden of the private educational expenditure in households; (2) the influences of the level of the burden of private educational expenditure on the other household expenditures. For the analysis of data Chi-square, GLM, Multinomial legit, and Seemingly Unrelated Regression were applied. The major findings were: (1) The factors associated with the burden of private educational expenditure were the number of students by each of the school levels, housing tenure, location of residence, educational attainment of householder; (2) Households with the lower level of burden of the private educational expenditure adjusted the allocation of the expenditure shares of food, utility, and transportation and did not reduce the levels of consumption. Households with the higher level of burden of the private educational expenditure adjusted the extensive ranges of the household expenditure shares and reduced the levels of consumption.

Overview of Fisheries Industry in Tanzania

  • Alfanies, Margaret George;Nyambika, Seif Bakari
    • Journal of Marine Bioscience and Biotechnology
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    • v.3 no.1
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    • pp.48-53
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    • 2008
  • Tanzania is a coastal state on the western Indian Ocean in Africa. In an artisanal or small scale fishery, the combination of large numbers of fishers and landing places, mixed gears and migrant fishers makes fisheries management an often complex task. Lack of capital, low level of technology, poverty and high cost of transport are major socio-economic problems in Tanzanian fisheries. The combined approach of community-based management and provision of education and training for extension workers and fishers themselves are required. It is also necessary to build the capacity of fisheries institutions to meet the human resources development challenge.

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Absorptive Capacity Effects of Foreign Direct Investment in Selected Asian Economies

  • ROY, Samrat
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.31-39
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    • 2021
  • This study empirically examines the proposition that the domestic fundamentals of a nation can emerge as absorptive capacity factors to reap the benefits of inward FDI. The study is contextualized in Asia, set from1982 to 2017, and data is grouped into low-income and lower-middle-income economies, in comparison to high-income and upper-middle-income economies, catering to different geographical regions within Asia. The investigation is based on a series of absorptive capacity factors such as infrastructure, human capital, domestic credit, and health indicator. The methodological analysis is premised on dynamic panel structure and employs the Generalized Method of Moments (GMM) estimation technique. The empirical findings suggest that that the infrastructure variable appears to be the major absorptive capacity factor for both groups of countries. The health indicator, on the other hand, can help reap the benefits of inward FDI, but only if the threshold level is met. The selected economies must achieve this threshold level to reap the benefits of FDI. To absorb the benefits of inward FDI, countries must be proactive in providing sound infrastructure and implementing proper healthcare measures.