• Title/Summary/Keyword: Market Transformation

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The Role of DSM Rebates in Market Transformation (시장전환을 위한 수요관리 리베이트의 역할에 대한 고찰)

  • Park, Jong-Jin;Kim, Jin-O
    • Proceedings of the KIEE Conference
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    • 2006.11a
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    • pp.210-212
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    • 2006
  • This paper presents a theoretical framework for discussing the role of rebates in successful market transformation programs. Rebates can play an important role in market transformation, essentially acting as a catalyst to jump-start markets and overcome initial barriers. However, they also have drawbacks that can actually inhibit market transformation. In particular, they can interfere with market signals between customers and manufactures, so that markets respond sluggishly. This can delay the broad-based acceptance of new products.

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Digital Transformation and Introduction of NFT in the Art Market (미술시장의 디지털 전환과 NFT 도입)

  • ROH, Tae Hyup
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.1
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    • pp.261-269
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    • 2022
  • The advent of the pandemic era due to COVID-19 is causing new changes in all areas of individuals, organizations, society and the country. The art market also faced a crisis due to restrictions on individual movement between regions and countries and social distancing, and even the contents of the work, the way the work is traded, and the propensity and characteristics of the buyer are changing. These demands for change in the art market are accelerating new opportunities for change by converting digital, expanding the online art market, expanding virtual space using VR(Virtual Reality) and AR(Augmented Reality) technology, and expanding the trading area of digital works NFT based on blockchain technology. In this study, the flow of change in the art market brought about by the Pandemic era is analyzed from the perspective of digital transformation. The contents of digital acceptance of the art market are identified through a summary of various types of digital transformation in the art market and a survey of perceptions following the introduction of digital transformation and NFT. Discuss major legal, economic, social, and transactional issues and countermeasures following the introduction of NFT based on blockchain technology in the art market.

An Empirical Study on Digital Transformation of Traditional Markets; Focused on Traditional Market Delivery Application (전통시장의 디지털 전환에 관한 연구; 전통시장 배달 앱을 중심으로)

  • Hong, Susie;Yang, Jong-Gon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.6
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    • pp.484-491
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    • 2021
  • This study was undertaken to identify success factors of traditional market delivery apps and lead digital transformation of traditional markets. The success factors of traditional market delivery apps are represented by four variables: system characteristics of the app, delivery, products, and responsibility towards customer responses. These factors were analyzed to examine their impact on the operations performance. Data was collected by surveying 148 traditional market business owners. Results of the empirical analysis revealed that the app system characteristics, delivery characteristics, and product sales promotion, impart a significant effect on the operations performance. Conversely, the customer response characteristics showed no significant effects. This could be because some apps lack the function to check customer reviews and respond appropriately. Currently, where traditional market delivery apps are in the early stages of implementation and are gradually expanding, data obtained from this study helps to identify characteristics of traditional market delivery apps, and offers suggestions to create development indicators of the traditional market delivery apps by analyzing their effects on operational performance, thereby contributing to the revival of traditional markets through digital transformation.

Creative Industry Digital Transformation Case Study: Market Reorganization Strategy and Platform (창작 산업 (Creative Industry) 디지털 트랜스포메이션 사례연구: 시장재편전략과 플랫폼중심으로)

  • Lee, HoGeun;Lee, SeoYoung
    • Journal of Digital Convergence
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    • v.18 no.7
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    • pp.177-188
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    • 2020
  • In the digital world, creative industries such as music, movies, and drama have been the most impacted by digital transformation. As these contents were converted to a digital format of 0s and 1s, the business model changed and so did the rules of competition in the market. Apple, Spotify, and Netflix were quick to ride the digital transformation wave to become market leaders in the creative industry. This study reviews case studies in the creative industry to grasp the important factors necessary for market restructuring using digital technology. It was found that companies that set visions, platform, and open innovation as business strategies were able to achieve critical mass and become market leaders. These three elements are commonly found in the contents industry. On the other hand, companies that did not embrace digital innovation have become victims of digital darwinism. By analysing the experience of digital product innovation through case studies in the creative industry, we can derive implications for digital transformation in the 4th industrial revolution.

Simultaneous optimization method of feature transformation and weighting for artificial neural networks using genetic algorithm : Application to Korean stock market

  • Kim, Kyoung-jae;Ingoo Han
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 1999.10a
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    • pp.323-335
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    • 1999
  • In this paper, we propose a new hybrid model of artificial neural networks(ANNs) and genetic algorithm (GA) to optimal feature transformation and feature weighting. Previous research proposed several variants of hybrid ANNs and GA models including feature weighting, feature subset selection and network structure optimization. Among the vast majority of these studies, however, ANNs did not learn the patterns of data well, because they employed GA for simple use. In this study, we incorporate GA in a simultaneous manner to improve the learning and generalization ability of ANNs. In this study, GA plays role to optimize feature weighting and feature transformation simultaneously. Globally optimized feature weighting overcome the well-known limitations of gradient descent algorithm and globally optimized feature transformation also reduce the dimensionality of the feature space and eliminate irrelevant factors in modeling ANNs. By this procedure, we can improve the performance and enhance the generalisability of ANNs.

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${\cdot}$러의 경제개혁과 상적 유통의 변화 -개혁전${\cdot}$후의 경제체제와 관련하여-

  • Jo, Gyu-Jin
    • Journal of Distribution Research
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    • v.1 no.2
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    • pp.115-140
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    • 1996
  • This study analyses the Chinese and the Russian distribution systems comparatively focusing on the economic system. Before the economic transformation both nations were socialistic planned economy. After the economic transformation China is under the socialistic market economy, and Russia under the capitalistic market economy. The purpose of this study is to see how the distribution systems of both nations were changed according to the transformation of economic system. It analyses the relationship between nationalized manufacturing companies and distribution companies, and the national planned distribution of products before the economic transformation of both nations. It examines the privatization of distribution-related companies and the structurally exclusive supply of manufacturing companies in distribution system in Russia after the economic transformation. It also investigates the institutionalized control of nationalized manufaturing companies over distribution companies, and the national intervention of product pricing in China.

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A New Market Transformation Policy for the Mid-Night Demand Discount Program (시장전환 정책을 통한 심야전력제도 개선방안에 대한 연구)

  • Kim, Chang-Sub;Kim, Jin-Ho
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.22 no.2
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    • pp.19-25
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    • 2008
  • In this paper, we have proposed a new market transformation policy to improve the existing rate discount program for the mid-night demand. The rate discount program for the mid-night demand is designed to relieve day-time demand and grow night-time demand since 1985. From this program, customer can save their electricity bills and at the same time electric utilities increase the load factor and utilization rate for the base-load generators such as nuclear and coal. Since this program has been introduced however, many economic problem has been brought out. This paper, therefore, has suggested new market transformations to resolve this problem, whereby economic loss can be shrink while all the interested party can minimize their individual benefits.

Gemas: Enhancing the Distribution of Integrated Eco-Friendly Marketing Strategies towards Digital Transformation and Global Competitiveness

  • Diana AQMALA;Febrianur Ibnu Fitroh Sukono PUTRA
    • Journal of Distribution Science
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    • v.22 no.5
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    • pp.39-57
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    • 2024
  • Purpose: Various policies continue to be strengthened to develop Micro, Small and Medium Enterprises (MSMEs), which have a strategic role in the economy through the pillars of corporatization, capacity and financing to support strong and inclusive economic growth. Efforts to transform MSMEs marketing strategies are undertaken through eco-friendly digitalization to increase resilience and more productive and innovative capacity. Research design, data and methodology: This research is an exploratory qualitative approach taken to investigate the transformation of eco-friendly marketing strategies for MSMEs to increase competitiveness at the global level. The samples obtained were 425 MSMEs assisted by the DKI Jakarta, Bali, Java, Borneo, and Sumatera. The data collection technique used non-probability sampling (snowball sampling). Data is analyzed through collection, reduction, analysis, validity testing, presentation and conclusion. Results: This research shows the transformation of eco-friendly digital-based MSME marketing strategies occurred through four stages, namely production and institutional activities, expanding market share, digitalization and financing, and export market access. Conclusions: Eco-friendly digital transformation allows MSMEs competencies to be refined to improve business processes and business competitiveness at the international level. The contribution of this marketing strategy transformation is expanding MSMEs access to financial institutions (fintech), marketplaces, and QRIS (QR Code Indonesian Standard) digital payments.

Innovations as an Option to Increase the Market Share of Rail Freight Transport in Europe

  • Wiegmans, Bart W.
    • International Journal of Railway
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    • v.2 no.2
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    • pp.80-92
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    • 2009
  • Successful market adoption of rail freight transport innovations that might offer opportunities for market share increase is the focus of this paper. Firstly, seen from a theoretical point of view, it is not incremental innovations but radical organizational and transformation innovations that are likely to increase the market share of rail freight transport. Secondly, the particular inovations that offer some success potential for market adoption are: dedicated infrastructure, the fixed timetable, locomotive upgrades, and INTERFACE. Thirdly, unfortunately, the opportunities to increase the market share of rail freight transport appear to be limited.

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Review on breeding, tissue culture and genetic transformation systems in Cymbidium (심비디움 육종, 조직배양 및 형질전환 연구동향에 관한 고찰)

  • Lee, Yu-Mi;Kim, Mi-Seon;Lee, Sang-Il;Kim, Jong-Bo
    • Journal of Plant Biotechnology
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    • v.37 no.4
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    • pp.357-369
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    • 2010
  • Cymbidium is horticulturally important and has been one of the most commercially successful orchid plants as well as cut flowers around the world including Korea. Up to now, a huge number of elite Cymbidium cultivars have been released on the commercial market via cross-hybridization, mutation and polyploidization breeding techniques. To investigate on breeding system in Cymbidium, we inquired the brief history and techniques of breeding and the current status on Cymbidium breeding in Korea. Also, the general propagation process of elite Cymbidium lines via tissue culture should be presented. However, the slow process of conventional breeding and the lack of useful genes in Cymbidium species delays the introduction of new cultivars to the commercial market. To solve these limitations, efficient regeneration and genetic transformation systems should be established in the improvement of Cymbidium breeding program. During the last several decades, some progress has been made in tissue culture and genetic transformation in Cymbidium species. We review the recent status of tissue culture and genetic transformation systems in Cymbidium plants.