• Proceedings of the Korea Water Resources Association Conference
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• 2018.05a
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• pp.153-153
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• 2018

Water-Energy-Food (WEF) nexus is a new holistic resources management concept that considers the interconnections among resources for sustainable resources planning and management. The current challenge is to fulfill the required demand in the lack of available resources. A traditional way to provide more available resource is by increase in production, but it caused increment of indirect demand of other interlinked resources. Importing resources from other area (where local supply is redundant) is another option to secure local resources with additional economic expenditure. The WEF nexus-trading model adapts the previously developed nationwide nexus simulation model with additional input parameters and functions to simulate trading scenarios. In general, the analysis starts with the quantification of local resources deficit (potential importing amount) and redundancy (potential exporting amount) of each area. Then, a trade module is initiated by determining possible donor area and importation amount. Finally, the nexus simulation for all area is re-run to determine final resources supply-demand results including the trading amount. The trade option provides an opportunity to meet local demands without draining local resources. However, the production capability of donor area may limit the importation amount. The newly developed trade option allows more alternatives for stakeholders to determine resources management plans.

• Korea Trade Review
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• v.44 no.1
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• pp.31-44
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• 2019

This study examines the normalization of Korean GM management between the Korean government and GM in terms of external negotiation game and internal negotiation game using Putnam's Two-Level Games. In addition, GM's Win-set change and negotiation strategy were analyzed. This analysis suggested implications for the optimal negotiation strategy for mutual cooperation between multinational corporations and local governments in the global business environment. First, the negotiation strategy for Korea's normalization of GM management in Korea can be shifted to both the concession theory and the opposition theory depending on the situation change and the government policy centered on the cautious theory. Second, GM will maximize its bargaining power through 'brink-end tactics' by utilizing the fact that the labor market is stabilized, which is the biggest weakness of the Korean government, while maintaining a typical Win-set reduction strategy. GM will be able to restructure at any time in terms of global management strategy, and if the financial support of the Korean government is provided, it will maintain the local factory but withdraw the local plant at the moment of stopping the support. In negotiations on the normalization of GM management in Korea, it is necessary to prepare a problem and countermeasures for various scenarios and to maintain a balance so that the policy does not deviate to any one side.

• Industry Promotion Research
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• v.5 no.1
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• pp.149-155
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• 2020

In this study, we aim to build a consensus that the Korea-Mongolian economic cooperation and trade growth will bring economic benefits to both countries and, in addition, the FTA between the two countries will bring economic benefits to the overall economy through the economic status and mutual trade status of Korea and Mongolia. Currently, countries around the world are accelerating their market battle with fierce competition, pushing for the opening of their markets through free trade agreements of multilateralism and regionalism centered on the WTO as a rapid change in the global economic environment. Amid such an international economic environment, Korea is developing diverse economic cooperation and FTA strategies, and under the principle that it is based on comprehensive and national consensus, it will sign simultaneous FTAs with major countries, but will diversify its trade partners' efforts to increase trade volume through market advantage, secure energy resources, and so on to secure more resources in overseas markets.

• International Journal of Computer Science & Network Security
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• v.21 no.12spc
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• pp.443-450
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• 2021

The study is devoted to the formation of a economic principles cargo delivery management in global supply chains. Mathematical model of delivering special categories of goods by road is a key element of these principles. The article analyzes the existing studies on solving the problem of cargo delivery in various aspects. It was noted that the greatest attention is paid to legal regulation, last mile delivery, optimization of routes and delivery schemes, information support, technological innovations, cluster routing, etc. In the developed mathematical model a minimum of total costs of forming loading units and freight shipments was defined as the criterion of optimality of organizing delivery by motor transport. The authors propose the creation of logistics clusters allowing the integration of urban transport flows and global supply chains.

• Journal of Distribution Science
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• v.22 no.6
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• pp.23-32
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• 2024

Purpose: Trade in small and medium businesses must improve innovation performance before and after the COVID-19 pandemic. The requirement for rapid innovation is being able to compete and survive post-pandemic. This research attempts to investigate the influence of organizational forgetting, knowledge management, and business agility in distributing innovation performance improvementsto SMEs in Tasikmalaya, Indonesia. Research design, data and methodology: In this research, a structural equation modeling approach with SmartPLS was applied. This research used 221 Tasikmalaya SMEs as samples. The findings of this study show that SMEs are still underrepresented in technological advancement. Results: Organizational forgetfulness does not have a significant impact on innovation performance, nor does it have an indirect impact through knowledge management. Business agility, on the other hand, has a significant indirect effect on innovation performance. Knowledge management does not have a significant and direct impact on innovation performance, but business agility has a significant impact. Conclusions: Efforts to enhance SMEs' trade must be willing to challenge the status quo or abandon knowledge that is no longer relevant to current developments to improve business agility and innovation. Technology-oriented SMEs can quickly become agile by implementing organizational forgetting. SME owners must be willing to adapt to technological advances to adopt organizational forgetfulness.

• Korea Trade Review
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• v.44 no.3
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• pp.191-202
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• 2019

Despite innovative efforts to accommodate changes in the payment environment, the new types of settlement risks that are emerging require preemptive and proactive responses. Therefore, Korea should complement and develop large-value funds payment system operation and risk management policies by introducing international standards and linking with advanced financial institutions. This study examines the major issues such as the development process and characteristics of the large-value funds payment system of the two countries, the operation policy of the central bank, and the risk management policy by comparing the US Fedwire with the Korea Bok-Wire+. In addition, policy implications are suggested for efficient operation and development of Bok-Wire+.

• Korea Trade Review
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• v.45 no.6
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• pp.23-43
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• 2020

This study aims at analyzing the interactions between two of the most significant trade stakeholders in Korea, the Trade Ministry and the Legislature, using text network analysis. Tackling seven Action and Plan Reports for Requests from Parliamentary Inspection released by the National Assembly, this paper conducts a topic modelling analysis, particularly focusing on the reports for the three trade-related institutes: the MOTIE headquarter, Korea Trade Insurance Corporation, Korea Trade and Investment Promotion Agency. According to the analysis, such traditional topics of the MOTIE as enterprise, industry, business, management, development were frequently appeared in the reports. Trade-related topics including export, trade, commerce, investment, overseas, domestic, dispute, cooperation, efficiency, negotiation, service, promotion were repeatedly shown. Lastly, a case study on 2019 Parliamentary Inspection Report showed specific trade-related topics and relevant contents that raised issues in that year. This analysis implies that the text data driven from the Parliamentary Inspection Reports between the MOTIE and the National Assembly, can be established as so called 'trade policy information system' which are valuable not only for the two but also the rest of the trade stakeholders in Korea.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.11a
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• pp.76-77
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• 2015

In construction industry, management of construction factors such as cost, schedule, quality and safety is the most important key for delivering successful projects. According to the Smart Market Report, a magazine specialized in construction industry, recently said 'Off-site Prefabrication' is a significant trend related with construction productivity in global construction industry. It is a kind of practice shift from On-site to Off-site. A lot of general contractors in oversea have been using 'Multi-trade MEP Ceiling Rack Prefabrication' method for getting benefits such as decreased cost & schedule and increased labor productivity. Thus, in this paper, critical management factors at each phase from design to installation was derived by researching case studies. Forwardly, it can be a basic guideline for applying Multi-trade MEP Ceiling Rack Prefabrication in Korea construction industry.

• Management & Information Systems Review
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• v.36 no.2
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• pp.59-79
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• 2017

The purpose of this study is to verify the relationship between consumer 's self - determination psychological needs (autonomy, competence, and relevance) related to fair trade and brand equity related to fair trade products through empirical analysis. It is meaningful that it is linked to strategic brand management based on consumer need satisfaction. As a result of empirical analysis of this study, Fair Trade attitude plays an important role in the relationship between self - determination psychological desire and brand equity. Especially, Consumer need Satisfaction with competence was found to be a strategically important construct. Based on the results of this study, it is expected to provide important implications for future strategic management of brand equity related to Fair Trade products.

• Journal of the Korean Operations Research and Management Science Society
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• v.12 no.1
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• pp.95-95
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• 1987

The purpose of this research is to suggest a desirable framework to promote EDI system in the Korean trade and transportation industries. First, this thesis reviews the trend of introduction of EDI systems in foreign countries and investigates their characteristics by examining some cases. Then the problems, which the Korean industries would be confronted with during the course of introduction of EDI system, are identified and discussed. Finally, this thesis suggests that the logistics network should be developed as a main system of EDI to which sub-networks of trade and custom service are linked. This leading role of logistics metwork is necessary to the EDI system because logistics tasks for international movement of goods are expected to increase while tasks related to trade and custom services will decrease in view of recent changes in the world trade environments warning the unbounded competition in the global marketplace without border.