• Title/Summary/Keyword: Labor share

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The Strategy of Korean Firms' FDI into European Union (한국기업의 대EU 직접투자전략)

  • Bang, Ho-Yeol
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.77-109
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    • 2009
  • The purpose of this study is to review the current trend of FDIs by Korean companies into EU, and to present the optimal strategies for them to combine their firm-specific factors and FDI attractiveness of the regions in EU. The companies are divided into two categories, SMEs and large enterprises. The regions of EU are composed of 15 incumbent members before the fifth enlargement in 2004 and 12 new members. Large Korean companies tend to make large investments in 15 incumbent members with stable and mature markets. Korean SMEs, by contrast, mainly invest on small scales in the new members due to the lack of their available inner resources and knowledge for the markets. The main objects of the investments in EU by the large Korean companies are to gain more market share and to acquire the advanced technologies. Although such goals are also important for the SMEs, the most important objects for the investments by Korean SMEs in EU are usually to enter EU markets and to take advantage of the relatively cheap labor forces for the efficient operations. The effects of such passive strategies by the SMEs, however, are expected to extinct because the cost advantages in regions of the new EU members will not last in the long term, so the SMEs must take longer views for the choice of locations. Many empirical results suggest that the optimal FDI strategies for the Korean companies in EU could be worked mainly by more aggressive localization policy of companies and by the cooperations of SMEs and large enterprises for the reduction in costs of foreignness.

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Goodwin's Growth Cycle Model and Functional Income Distribution in the Information Age of Korea: 1981~2016 (정보화 시대 한국의 기능적 소득분배와 Goodwin 성장순환모형: 1981~2016)

  • Jeong, Seungpil;Kwon, Oh-Bum
    • The Journal of Society for e-Business Studies
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    • v.25 no.3
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    • pp.63-76
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    • 2020
  • In the 21st century, informatization is playing a huge role in people's lives. Korea is experiencing the tremendous changes in social structure and lifestyle caused by informatization. This paper focuses on economic phenomena rather than discussion on social structure due to informatization. We check whether the Goodwin model, which can comprehensively express economic growth, economic cycle, and income distribution, is suitable for the Korean economy in the information age. This model is simulated by selecting a quantitative economic methodology that estimates coefficients from time series data of the Korean economy. The simulation results confirmed that the Goodwin model is suitable for analyzing functional income distribution in Korea.

Why the states has no housework policy\ulcorner : The political issue on housework (가사노동의 정채적 반영을 위한 연구)

  • 윤소영
    • Journal of Families and Better Life
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    • v.15 no.1
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    • pp.41-52
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    • 1997
  • This paper explored the public issue on housework analyzed the policy and the law associated housework and developed the theorical model for its political program. This idea is dependent that the policy has priority over change of the social ideology. That policy contains a campaign and a education to be aimed to share of housework in order to make responsibility of men as well as women on family and work. Also it contains economic value estimates to quantify and value the non-wage work(childcaring homemaking etc.) in order to confirm its productive activity. It would assume the lawful form as like a social security or a pension. For example the Family Rights Law Tax Law and Social Security Act have to be reflected on the value of housework and to be secured the social status of provider. After all this work was useful to improve a wage and a social status of all women. As consistent policy and operation associated housework are poor in Korea it is difficult to develop theoric l model on this theme. On the range a political proposal on housework would be bound by family policy(evaluation of housework) and women's labor policy(housework support). So the policy intend to secure a family life to improve welfare of women and to equilibrate the family and the work.

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The Effect of Firm's Market Power on Job Creation in Korea (사업체의 시장지배력이 일자리 창출에 미치는 효과)

  • Kwon, Hye Ja;Cho, Woo Hyun
    • Journal of Labour Economics
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    • v.29 no.1
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    • pp.99-127
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    • 2006
  • This paper examines the effect of the market power of firms in the product market on job creation, job destruction and net job growth. It uses the reconstructed establishment data in the Korean Annual Mining and Manufacturing Survey between 1982 and 2002. This paper shows that job creation has continuously declined since the late 1980s and the decline is common for both market-dominant and competitive firms. The effect of market dominance on job creation is negative, controlling the firm-characteristics variables such as firm size and firm age.

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The Structural Relationships between the Antecedents of Knowledge Sharing and User Performance in Knowledge Management systems (지식관리시스템에서의 지식공유에 대한 영향요인과 성과간의 구조적 관계에 관한 연구)

  • Shin, Seon-Jin;Kong, Hee-Kyoung;Koh, Joon
    • Knowledge Management Research
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    • v.9 no.2
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    • pp.87-107
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    • 2008
  • The knowledge society has come to where the knowledge is the source of wealth contrary to the traditional era that labor and capital were the source of wealth. Thus, corporate is accelerating to introduce the knowledge management and to establish the knowledge management system (KMS) in order to effectively manage the knowledge that can be the source of their competitiveness. The purpose of this paper is to identify the factors which affect knowledge sharing and to prove empirically their relationships with the KMS performance. A survey was conducted and data were collected from 220 respondents of 19 organizations which have adopted KMS. Research model and related hypotheses were tested using PLS Graph 3.0. As a result of data analysis, seven hypotheses out of eleven hypotheses were supported. In particular, knowledge sharing is significantly influenced by those knowledge sharing factors such as openness, trust, training, reward system, perceived usefulness, and communication channel. Also, individual impact is significantly affected by knowledge sharing. This study is expected to provide a sound basis for understanding the importance of knowledge sharing to gain organizational as well as individual competitiveness and exploring ways to effectively share knowledge through enhancing the use of KMS in organizations.

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Unemployment Insurance Take-up Rates in Korea (한국의 구직급여 수급률 결정요인 분석)

  • Lee, Daechang
    • Journal of Labour Economics
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    • v.39 no.1
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    • pp.1-31
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    • 2016
  • This paper investigates the cyclical behavior of UI benefit take-up rate, the share of unemployed persons who are eligible for job seekers' allowances(JSA) and actually receive them. Using Korea's Employment Insurance DB, it also identifies the factors linked to the decision to take up job seekers' allowances. The results show that the take-up rate is countercyclical and leads both unemployment rate and Coincident Composite Index cyclical component by 6 months and is positively correlated with replacement rate and benefit duration, suggesting that extending benefit duration and raising benefit level can boost benefit claims to increase take-up rates in Korea.

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Research of the reduction measures for fall accident death in small scale construction sites. - On the Basis of work plate and scaffolding - (소규모 건설현장 떨어짐 사망재해 저감방안 연구 - 비계 및 작업발판 중심 -)

  • Yoo, Hyun-Dong;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.16 no.3
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    • pp.55-62
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    • 2014
  • During five years (Year 2009~2013), Total victims of 72 %(81,560 people) and those 50.6 %(1,258 people) of death accident occurs in small scale construction site which operate 2 million USD less construction budget. Especially, falling death accident account for 785 people, in the share of 33.2 %(261 people) death disaster takes due to defect of original cause materials. The major safety issues in small scale work place take place while scaffold installation, disassembling, work-plate improper installation or non-professional skills of workers. Furthermore, labor subcontract systems make small construction site shortage of resources. Those workers regard work-plate as unnecessary and consumables supplies. Because of that most of workers use unsafe workplace in most construction site. Therefore, in order to prevent falling accident occurring in small scale work site, government should organize related regulations such as "Work site safety construction method" and then expands education support, financial aid, and sourcing safety supplies for work plate which offer broad variety experiences. Also, introduce certificate solutions for various work plates to improve safety function such as anchoring type method and anti sliding function.

하청형 중소기업의 전략적 기업혁신 -기술베이스의 동태적 다각화를 중심으로 -

  • 류태수
    • Journal of Technology Innovation
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    • v.8 no.2
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    • pp.97-117
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    • 2000
  • TOEM strategy is widely used in Japan and Korea because of the diverse advantages such as cost sharing, technology transfer, equipment lease and base technology acquisition between parent company and OEM supplier. There are, however, some disadvantages that (1)OEM suppliers are likely to be reactive to environmental changes and (2) may have difficulty in building competitive position and long-term growth. When the parent company relocates its plant to foreign countries to achieve lower labor cost or to enhance value added this change will affect directly the OEM supplier's outcome. The parent company's divestiture from existing businesses will also affect the OEM supplier. For the OEM supplier to survive in face of these strategic changes it must enter the new countries with the parent company. Alternatively, the OEM supplier must actively diversify its technologies based on its core capabilities of existing product and process technologies and seek new business arenas. The strategy of aligning its businesses with the parent company's new business strategy allows the OEM supplier to share the new market while it requires the OEM supplier to develop core capabilities. In Korea many small and medium sized OEM suppliers are dependent on a few large companies. For the industry structure in Korea where industry concentration is extremely high OEM suppliers should move away from the past strategy, where they are dependent on the parent company's low profitability businesses. They should actively enter new businesses for which parent companies enter to achieve long-term growth.

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A thought on Korea food culture and collectivity+ (한국인의 공동체의식과 식문화에 대한 소고(小考)+)

  • Oh, Se-Young;Lee, Hun
    • Journal of the Korean Society of Food Culture
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    • v.19 no.5
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    • pp.556-565
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    • 2004
  • This study examined dietary culture in Korea regarding collectivism through literature review. Based on the evidence from the origin of lineage and traditional customs, the Koreans' traditional collectivity appeared to have been grounded upon the northen nomadic culture emphasizing sentimental collectivity and harmonized with the characteristics of southern agrarian society related to mutual support and sociability. The inseparable relationship between collectivity and food was well revealed in the occasions such as rice-planting, kimchi and jang makings in which pooled labor was common as well as the gathering of mutual aid association. In these occasions, foods were offered and shared among members. Food sharing was a main activity and almost play a central role regarding the promotion of friendly relations among each other. In sacrificial memorials, food sharing was extended not only to the live persons but also to the passing spirits. Collectivity was also disclosed in the eating or table manners of Koreans. Koreans quite literally share food at every meal since the side dishes placed centrally on the table. The taste of Korean foods is completed inside the mouth by mixing foods with various combination, which let people create their own choice of taste. Therefore, the collectivity manners at the table appeared to be harmonized with individual freedom of creating his/her own taste of foods. The collectivity is still a very important concept in modem Korean dietary culture, as reflected by an increase of restaurants sewed shared dishes.

Design of Integrated Database for CRM in Automobile Maintenance Industry

  • Jung, Lee-Sang;Jung, Dae-Hyun
    • Journal of the Korea Society of Computer and Information
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    • v.23 no.5
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    • pp.55-63
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    • 2018
  • In this paper, we designed a system that integrate and organize customer management programs and databases, which are performed independently of each other. And we designed the system so that it can be used for future marketing by implementing the system to share and efficiently utilize mutual independent maintenance information. From the CRM perspective, a comprehensive information system ghat manages every information on both new cars and second hand cares grom their purchase, to parts, to insurance, and to scraping needs to be established. The following should be applied in the establishment of the IAMS. Auto makers or auto maintenance services providers exclusive management of information on customers and their car maintenance services is aggravating the customer's inconvenience and complaints. In addition, the service provider has difficulty providing consistent maintenance services because it has little information about previous auto maintenance services the customer received. Besides, the customers who have no information on costs of parts and labor tend to hesitate to trust the costs of maintenance services. This study to provide customers with systematic maintenance service and causing them some inconvenience. Therefore, in order to maintain existing customers, auto maintenance service providers should provide services the customers wanted on the basis of accurate information about them.