• Title/Summary/Keyword: Industry Market

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Analyzing the Market Size and the Economic Effects of the Oceans and Fisheries Industry (해양수산업의 시장규모 및 경제적 파급효과 분석)

  • Kim, Joseph;Jung, Dong-Won;Yoo, Seung-Hoon
    • Ocean and Polar Research
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    • v.38 no.1
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    • pp.59-70
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    • 2016
  • Establishing the strategic plans to foster the oceans and fisheries (O&F) industry as an engine for national sustainable economic growth has become an important task for developing countries as well as developed countries. The first step to do so is to identify O&F industry and analyze its economic effects. Therefore, the prime purposes of the paper are two-fold. The first is to identify O&F industry and estimate its market size using 2012 Input-Output (I-O) table published by the Bank of Korea. The second purpose is to obtain some quantitative information on production-inducing effect, value-added creation effect, and employment-inducing effect of the O&F industry. To this end, we apply an IO analysis using exogenous specification of the O&F industry. The results show that the O&F industry covers 4.1% and 3.0% of national output and gross domestic product, respectively. Moreover, we found that 1.0 won of production or investment in the O&F industry induces 1.7363 won of production and 0.4759 won of value-added in the national economy. One billion won of production or investment in the O&F industry touches off 7.5569 persons of employment. This information can be utilized in the O&F industry-related policy-making.

The history and current state of Korean Aircraft Industry (한국 항공기산업의 발전 과정과 현황)

  • Choi, Woo-Young
    • Current Industrial and Technological Trends in Aerospace
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    • v.9 no.1
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    • pp.27-36
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    • 2011
  • In this paper, I summarized the history and current state of korean aircraft industry. The Korean aircraft industry, beginning from maintenance business after Korean War, has been industrialized from 1976. From that time, aircraft industry in Korea has been steadily developed through big scale national projects usually military related. The current relationship of aircraft industry, government projects, policies in Korea is also summarized in this paper. By the big scale military projects, like KTX, KFP, KHA, etc., Korean aircraft industry has accumulated and developed essential technologies of the aircraft industry, and recently tries to develop even more by participating in the world civil aircraft market, which asks Korea of the harmonious effort of government, industry, and R&D sector. Considering that aircraft industry is not the optional but the essential for the national development in 21st century, the more harmonious and intensive effort of Korean aircraft industry will be absolutely needed.

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Market KU Project (마켓 KU 프로젝트)

  • Kim, In-Kyung
    • Journal of the Korea Fashion and Costume Design Association
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    • v.12 no.3
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    • pp.83-92
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    • 2010
  • The current design paradigm shift which has been in progress around the world would be a good opportunity for Korea, which has led the age of information, to build design competence and gain international competitiveness. In addition, it would be a good idea for colleges as well as firms to develop a new educational system and create academia-industry-research synergy. This paper researches the market KU project promoted by Design Venture KU which has been established by the College of Artand Design of Konkuk University as a part of differentiation strategy. The methods to improve the competitiveness of Korean fashion design by uniting college creativity and market practicality are as follows: First, for convergence of creativity and practicality, it is necessary to come up with a systematic design-based educational system. In other words, the undergraduate program needs to gradually expand courses by focusing on creativity instead of functions while the graduate program should be able to develop design pattern, textile and marketing products and secure the market to gain competitiveness as a business incubator. Second, the working-level engineers as well as professors will be encouraged to participate in special lectures or seminars and take necessary lessons. In addition, academia-industry cooperation courses will be further strengthened. It is also important to actively participate in an official contest or exhibition and receive a prize. Third, to elicit creativity from students, it is necessary to help them think in a flexible and experimental way with voluntary and interesting programs. As mentioned above, it is expected that 'Market KU Project' would help students build expertise by offering them a chance to experience the real world and become the world's leading designers in Korean fashion design.

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Analyzing the Challenges for Cloud Computing Business Dissemination in the Service Provider's Perspective (클라우드 컴퓨팅 시장 확산을 위한 공급자 관점의 선결요인)

  • Park, Soo Kyung;Cho, Ji Yeon;Lee, Bong Gyou
    • Journal of Information Technology Services
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    • v.14 no.3
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    • pp.99-116
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    • 2015
  • The concept of Cloud computing has been introduced in the IT field over 10 years and industry has been expanding constantly. However, compare to the maturity of global market, Korea cloud computing industry is only in the early stage. Even the Korea has advantages in technology infrastructure; the pace of Korea cloud computing market growth is taking a serious downturn. Under these circumstances, it is needed to be discussing that strategy for expanding the cloud computing market size and for sustaining global competitiveness of local companies. Previous studies on plans for Korea cloud computing market has been conducted since 2009 and most of them are tend to examined in demand perspective. Thus, this study aims at identifying the priority of business challenges for making better performance in the market with service provider aspects. To analyze the important factors in the providing cloud computing service, ANP methodology was applied in this study. The network model including five clusters, security, stability, performance, consumer, and institution, was defined through literature review and expert survey was conducted to collect data. As a result of ANP analysis, 'Securing service reliability' was analyzed as the most important factor and followed by 'Preparing the range of legal liability', 'Preventing personal information leakage' and 'Preventing confidential information data leakage.' The priority of result indicates that service provider needs to focus on to make the secured service environment. This study has significance on analyzing the priority of business challenges in the service provider perspective. This study will provide useful guidelines to for establishing strategies in cloud computing market.

Strategic Value of Hong Kong as a Bridgehead for Entering Chinese Service Market: Focusing on China-Hong Kong CEPA (대중국 서비스업 진출 경유지로서 홍콩의 전략적 가치; 중국-홍콩 경제동반자 협정(CEPA)을 중심으로)

  • Lee, Jongseok
    • Journal of Service Research and Studies
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    • v.8 no.3
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    • pp.1-23
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    • 2018
  • This study suggests a way through Hong Kong as an alternative strategy for Korean companies to enter Chinese service market which is rapidly expanding due to China's recent policy switch toward service economy. Service market is generally more regulated, labor-intensive, and domestic demand-oriented than goods market, which makes opening of domestic markets to foreigners slow. In case of China, market control and regulations by the State is tighter than other economies. Therefore, it is important to find ways to avoid regulations from the Chinese government if possible. In this sense, this study investigates the China-Hong Kong CEPA and draws its strategic value for entering Chinese service market by comparing it with the Korea-China FTA service sector. In addition, utilizing the difference in tax agreements between Korea-China and China-Hong Kong, and the human network of Hong Kong entrepreneurs in China may play an important role in reducing the risk that might arise in China.

Fire Monitoring System for Traditional Markets based on Digital Twin-IoT Sensing (디지털 트윈 & IoT Sensing 융합 기반 전통시장 화재 모니터링 시스템)

  • Jung-Taek Hong;Kyu-Hyup Lee;Jin-Woo Song;Seo-Joon Lee;Young-Hee Chang;Soon-Wook Kwon
    • Journal of the Korean Society of Industry Convergence
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    • v.26 no.6_3
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    • pp.1251-1258
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    • 2023
  • Traditional markets are infrastructure with facilities and characteristics of very high population density. Recently, arcades have been installed through traditional market modernization policies, and aging infrastructure has been repaired. However, gas and electrical facilities of traditional markets cannot be easily replaced because of its high density. And because regular inspections are not conducted, management of facilities is on very poor condition. In addition, when a fire occurs in a traditional market, the fire easily spreads to nearby stores and is likely to spread to a large fire because of a lot of highly flammable substances. Smoke detectors and heat detectors are installed in most traditional markets to monitor fires, but malfunctions are frequent due to the nature of smoke detectors and heat detectors, and network facilities are not properly maintained. Therefore, in this study, gas detection sensors and flame detectors are additionally installed in Gwangmyeong Traditional Market, and a digital twin-based traditional market fire monitoring system is implemented in conjunction with existing sensors in the market's 3D model. With this digital twin based fire monitoring system, we can reduce the malfunctions of fire detect sensors, and can easily guide the evacuation route.

Effect of SMEs' Network Capabilities and Characteristics on Market Performance and Financial Performance (중소기업의 네트워크 역량과 특성이 시장성과와 재무성과에 미치는 영향)

  • Sang-Wan Bae;Dong-Myung Lee
    • Journal of Industrial Convergence
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    • v.22 no.6
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    • pp.25-39
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    • 2024
  • Because small and medium-sized businesses lack capabilities and resources, they must effectively procure, share, and utilize scarce resources from outside, and as a result, the importance of networks with external organizations is gradually increasing. In this study, we verified the influence of small and medium-sized enterprises' network capabilities and network characteristics on market performance and financial performance. As a result of testing the hypothesis through a structural equation model, network capabilities were found to have a significant partial impact on financial performance, and all sub-factors of network characteristics such as strength, size, and diversity were found to affect financial performance. Additionally, network capabilities and network characteristics were found to have a significant partial effect on market performance. Market performance was found to have a partial mediating effect in the relationship between network capabilities and financial performance, and a partial mediating effect in the relationship between network characteristics and financial performance. Unlike previous studies, this study simultaneously analyzed the impact of two factors, network capabilities and network characteristics, on corporate performance and presented a new research perspective by analyzing the mediating effect of market performance, which is recognized as a leading factor in financial performance.

Estimation Methodology of Future Market Size for HTS Power Devices (초전도 전력기기 미래 시장규모 예측방법론)

  • Kim, Jong-Yul;Lee, Seung-Ryul
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.56 no.9
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    • pp.1535-1542
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    • 2007
  • HTS (High Temperature Superconducting) Power devices has the several useful characteristics from the technical and economical viewpoint. Possible application to the utility industry have been widely discussed in various research projects. For the successful introduction of HTS power devices into power system, establishing a proper R&D and marketing strategies through estimating the future market size are necessary. However, quantitative estimates of how well HTS power devices will serve their markets have been lacking. In this paper, we propose a estimation methodology of future market size for HTS power divices such as cable, transformer, generator, and motor, and also evaluate the future international and domestic market size by using proposed methodology.

A Comparable Study on Smart Technology Applied Residential Space Between Korea and China (한(韓).중(中) 주거공간에 적용되는 스마트 홈에 대한 비교 연구)

  • Zhu, Xuezhe;Park, Hee-Ryoung;Kim, Yong-Seong
    • Proceedings of the Korean Institute of Interior Design Conference
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    • 2006.11a
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    • pp.70-73
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    • 2006
  • In late 20th century, smart home market evolved in China, and absorbed best manpower and technology to commercialize the smart home equipment. Many foreign companies want to take possession of Chinese market, but not arrive at abundance yet. There has many reasons, but most important thing is ignoring the interaction between technical elements and spacial elements. in other words, ignoring the correlation between each industry. Korean smart home market evolved same period with Chinese, but it has balanced development in technic and application, so the commercialize and market arrived at poverty. In this study, survey the present situation of smart home about Korea and China, and compare the technical elements. In addition to analysis the interaction between smart spacial contents and technology. This study focused on the smart apartment, and analysis the strength and weakness in each country, and make theoretical basement for Korea to make certain about Chinese smart home market.

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A Study on the Model of Competitive Electricity Market Considering Emission Trading (온실가스 배출권 거래제도를 고려한 경쟁적 전력시장 모형 연구)

  • Kim, Sang-Hoon;Lee, Kwang-Ho;Kim, Wook
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.8
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    • pp.1496-1503
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    • 2009
  • The United Nations Framework Convention on Climate Change (UNFCCC) is an international environmental treaty to stabilize greenhouse gas concentrations in the atmosphere. In order to fulfil the commitments of the countries in an economically efficient way, the UNFCCC adapted the emission trading scheme in the Kyoto Protocol. If the UNFCCC's scheme is enforced in the country, considerable changes in electric power industry are expected due to the imposed greenhouse gas emission reduction. This paper proposes a game theoretic model of the case when generation companies participate in both competitive electricity market and emission market simultaneously. The model is designed such that generation companies select strategically between power quantity and greenhouse gas reduction to maximize their profits in both markets. Demand function and Environmental Welfare of emission trading market is proposed in this model. From the simulation results using the proposed model the impact of the emission trading on generation companies seems very severe in case that the emission prices are significantly high.