• Title/Summary/Keyword: Industry Technology Trade

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A Study on the Status of Shipping Technology in Korea in Response to Smartification: Based on Patent Analysis and Sentiment Analysis (스마트화 대응 우리나라 선박 기술 실태 조사 연구: 특허 분석 및 감성 분석을 토대로)

  • Bo-Ram Kim;Young-Gyun Ahn
    • Korea Trade Review
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    • v.46 no.2
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    • pp.1-18
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    • 2021
  • Amid the growing importance and urgency of smartening in the Korean maritime logistics industry, this study conducted a survey on the status of Korea's maritime trade technology. Korea is on par with developed countries internationally, but in order to lead the digitalization of the future era, additional developments should be explored by reviewing current conditions. In particular, it is necessary to draw policy implications for smart shipping in Korea, which is a three-sided sea. This study derived technical implications by comparing the number of patent applications and the applicant for domestic and foreign patents related to the major technologies of the Fourth Industrial Revolution. In addition, it was intended to investigate and present the status of Korea's maritime trade technology through the analysis of smart shipping-related emotions and the analysis of positive and negative scores of companies related to sentiment analysis.

Application and Policy Direction of Blockchain in Logistics and Distribution Industry (물류 및 유통산업의 블록체인 활용과 정책 방향)

  • Kim, Ki-Heung;Shim, Jae-Hyun
    • The Journal of Industrial Distribution & Business
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    • v.9 no.6
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    • pp.77-85
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    • 2018
  • Purpose - The purpose of this study is to subdivide trade transaction-centered structure in a logistics/distribution industry system to apply blockchain, to establish and resolve with which types of technology, and to provide policy direction of government institution and technology to apply blockchain in this kind of industry. Research design, data, and methodology - This study was conducted with previous researches centered on cases applied in various industry sectors on the basis of blockchain technology. Results - General fields of blockchain application include digital contents distribution, IoT platform, e-Commerce, real-estate transaction, decentralized app. development(storage), certification service, smart contract, P2P network infrastructure, publication/storage of public documents, smart voting, money exchange, payment/settlement, banking security platform, actual asset storage, stock transaction and crowd funding. Blockchain is being applied in various fields home and abroad and its application cases can be explained in the banking industry, public sector, e-Commerce, medical industry, distribution and supply chain management, copyright protection. As examined in the blockchain application cases, it is expected to establish blockchain that can secure safety through distributed ledger in trade transaction because blockchain is established and applied in various sectors of industries home and abroad. Parties concerned of trade transaction can secure visibility even in interrupted specific section when they provide it as a base for distributed ledger application in trade and establish trade transaction model by applying blockchain. In case of interrupted specific section by using distributed ledger, blockchain model of trade transaction needs to be formed to make it possible for parties concerned involved in trade transaction to secure visibility and real-time tracking. Additionally, management should be possible from the time of contract until payment, freight transfer to buyers through land, air and maritime transportation. Conclusions - In order to boost blockchain-based logistics/distribution industry, the government, institutionally, needs to back up adding legal plan of shipping, logistics and distribution, reviewing standardization of electronic switching system and coming up with blockchain-based industrial road maps. In addition, the government, technologically, has to support R&D for integration with other high technology, standardization of distribution industry's blockchain technology and manpower training to expand technology development.

An Evaluation for Comparative Advantage in the Steel Industry

  • Lee, Jae-Sung
    • The Journal of Economics, Marketing and Management
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    • v.6 no.3
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    • pp.1-9
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    • 2018
  • Purpose - Current society is competitive society. Rules of the game is applied to every kind of aspects not only business but also academic matters. This research is to analyze competitiveness between China and USA by use of trade related data together with revealed comparative advantage index(RCA) including trade specialization index(TSI). Research design, data, methodology - Per economic phase, both China-USA have mutually complementary character. That's why it is significant to analyze this 2 country's important industry. From our economic viewpoint, Both 2 economic powers should cooperate to achieve partnership in the steel business industry under the severe business competition. Results - This paper will provide which country is more comparatively advantage in case international business is held. Especially, steel industry is in a sense technology related business. Therefore, tied-up up-to-date advanced know-how and technology should be developed to be a leader for one of major industries in the world market. Conclusion - Among those various phenomena, this paper categorizes international business and research boundary is international trade contract. It is available to find out how to cooperate securing permanent and reliable business provider and supplier is essential and eminent for the successful accomplishment in the world steel market.

Empirical Analysis on Trade Pattern of Korean Motor Industry and Effect of Free Trade Agreement through Panel Gravity Model (패널중력모형을 통한 한국 자동차산업의 교역패턴과 자유무역협정의 영향 분석)

  • Kim, Seog-Min;Jun, Eui-Cheon
    • International Area Studies Review
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    • v.14 no.2
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    • pp.251-272
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    • 2010
  • This study was done through Panel Gravity Model to analyze the trade pattern of Korean motor industry and empirical analysis was also performed on the effect of regional economies joining to the Korean trade is to draw out some implications. Compared with per capita pattern regarding the income levels of both the countries, the results indicated that trade of Korean motor industry followed GDP pattern in accordance with the overall market. The results of effect on regional economic integration to Korean motor industry reflected 179% and 198% increase in motor trade industry and motor parts trade, respectively. To expand the trade of Korean motor industry at the international competitiveness level, focus should be made on smaller, smarter and greener car with lesser impact on the environment. Hence, the present investigation suggested that government should not delay in retaining the core technology as well as private sector should also aggressively invest in the market.

A Study on Impact that KOREAN FTA influences the Industry of Korean & Japanese Automobile (한국의 FTA 전략이 한일자동차산업에 미치는 영향에 관한 연구)

  • Jung, Byoung Moo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.61
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    • pp.303-325
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    • 2014
  • As the development of information and globalization of world economy enters new condition, the stake of every nation's makes more complwx, and multilateral negotiation lead by WTO is seriously delayed. But the number of agreement about FTA increase exponentially. In this study we aim to consider whether Korean FTA affects the relation of the trade of Korea and Japan or not, especially Automobile industry. The composition of this paper is as follows. Chap. 1 is Introduction. In Chap. 2, we consider the change of the Trade Policy of Korea focusing in FTA. In Chap. 3, we consider how Korean FTA affect the structure of Japan's Trade, especially the automobile industry of Korea and Japan. In Chap. 4, we have conclusion. As the conclusion, the impact to the automobile industry of Korea and Japan is that Korean FTA works to Korean automobile industry advantageously in micro level, but in macro level, the competition of world automobile industry move into a next generation technology market.

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A Study on Technology Trade of Korea.China for Korea.China FTA (한.중 FTA에 대비한 한.중 기술무역 연구)

  • Baek, Eun-Young
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.381-403
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    • 2012
  • The purpose of this study is to examine Technology Trade of Korea China for Korea China FTA. For this purpose, to analysis the present condition of technology trade and Trade Specialization Index(TSI), Technical Barriers to Trade(TBT). The Technology trade of Korea China is the surplus Technology trade of Korea but reducing to surplus scale. Also as a result of TSI analysis, Chemistry, plastic, primary metal, Medical precision industry, basic materials industries have weakened the Korea. In addition to Technical Barriers to Trade of China is very complexity for example, China Compulsory Certificate(CCC), China RoHS, China REACH. Therefore the Policy Technology Trade of Kore against China have to the centerpiece of Korea Technology export drive to expand in China.

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A Study on the TradeCard Payment System in the Cyber Trade Era (사이버 무역시대의 TradeCard 결제시스팀에 관한 고찰)

  • 전순환
    • The Journal of Information Technology
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    • v.4 no.4
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    • pp.113-128
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    • 2001
  • The international trade industry is on the brink of a radical Internet-driven transformation. TradeCard is a payment and settlement system that is an alternative to letters of crdeit. That is, TradeCard is a business-to-business e-commerce infrastructure that enables buyers and sellers to conduct and settle international trade transactions securely over the Internet. Paperless, payment-guaranteed international trade transactions - which eliminate the traditional letters of credit with electronic certifications - are widely considered the most difficult B2B transactions to conduct. The TradeCard system was initially built to accommodate and process this complex, cross-border payment type at a US$100 service fee for each transaction of up to US$100,000 since November 1999.

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A Study on Technology Trade of the Korea and the Target for Concluding an FTA (한국의 FTA 체결국과의 기술무역 연구)

  • Baek, Eun-Young
    • International Commerce and Information Review
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    • v.13 no.4
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    • pp.125-149
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    • 2011
  • The present study made an empirical analysis for investigating the competitiveness of technology trades in Korea. In particular, the study deduced the correlation between technology export and technology import using the variables of Gross Domestic Expenditure on R&D and Per capita industry value added Productivity and employed fixed effect model in panel linear regression model. It is found that the R&D expenditure of OECD countries made a significant effect on the technology import and the value-added labor productivity made a significant result on both technology export and import. Therefore, it showed that the technology trade in Korea made a sensitive response to labor productivity in OECD countries. By panel analysis, machine, construction, ICT, and service industry affect most on technology export in Korea for recent 5 years. For technology import, electric-electron, chemical, service, and construction industry have significant effects. This study contributed to understanding of industrial characteristics affecting technology trades in Korea and empirical analysis to show correlation between the factors affecting technology trade.

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Trade Structural Analysis of the Steel Distribution Industry between Japan and USA

  • Noh, Hyun-Soo;Kim, Yung-Keun;Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.12 no.11
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    • pp.35-43
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    • 2014
  • Purpose - This study evaluates the mutual influential power regarding the trade volumes of Japan and USA, based on a literature review and an empirical analysis. Through the literature review, I could evaluate each country's actual import-export volume and its status. Further, I could evaluate how each country could influence its trade outcome, through empirical analysis. Research design, data, and methodology - This study aims to review the trade structure to improve Japan-USA economic and social cooperation, as the two countries have reciprocal complementary features, and to examine trade weaknesses and analyze factors influencing trade and its direction, as well as to identify ways to expand trade. Results - The intra-economic potential cooperation fields are numerous. Additionally, anticipated profits from these fields are stable as compared to other fields in the regional economic integration. Conclusion - The interrelations between the two economic identities can provide optimal opportunities for industrial technology cooperation. Under the current aggravated competition in industrial fields, it is advisable to identify ways to secure stable resource suppliers, including the development of export markets.

A Study on the Export Competitiveness of Korea IT Industry to China (한국 IT산업의 대중국 수출경쟁력 분석에 관한 연구)

  • Jeong, Boon-Do;Yun, Bong-Ju
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.111-128
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    • 2009
  • As it is expected that change in trade environment has a significant impact on Korean economic growth as well as foreign trade of Korean economy we need an appropriate political response to it. Therefore, this study aims to analyse the Export Competitiveness of IT Industry to China and our trade policy. Korean balance of trade to China in 2007 records surplus of 18.9 billion dollars. However, many experts estimate unfavorable balance of trade will appear from 2010. In consideration of this condition, this study suggests a desirable trade policy for long-term maintenance of current Export Competitiveness between Korea and China. Using TSI and RCA, it analyses a Export Competitiveness of IT Industry to China from 2003 to 2007. To sum up the results, the TSI has been declining since 2005. RCA of semi-conductors has been declining since 2005 while that of communication equipment and computers has been increasing. During the analysis period, the mean RCA of semi-conductors is 55.01, which indicates that its export advantage is somewhat weak, and the mean RCA of communication equipment and computers are 227.22 and 175.83 respectively, which indicates that their export advantage is very strong. Production and export of Korea IT industry have greatly increased in quantity, but its technological quality and diversity have not been satisfactory. In particular, the base of IT industry is growing weaker due to serious dependence of core spare parts on advanced countries and transfer of simple assembly plants to China. To maintain export competitiveness of IT industry, we should pay more attention to technological improvement through more investment to the original technology for local production of core spare parts.

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