• Title/Summary/Keyword: Market entry

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A Study on Competitiveness Changes of Specialty Construction Firms Under No Restriction in General and Specialty Contracting (겸업제한 폐지에 따른 전문건설업체의 경쟁력 요소 변화에 관한 연구)

  • Choi, Sang-Beum;Park, Hee-Taek;Park, Chan-Sik
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.619-623
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    • 2008
  • Recently, the restriction of contracting business between general and specialty contractors are deregulated, which means the elimination of the traditional market entry block in the Korean construction industry. It could be a threat and/or an opportunity to construction firms, and requires establishing new business strategies in order to obtain relative competitiveness between the general and the specialty. Under this change in the industry, this research performed to provide some suggestions for specialty firms in setting up their new business strategies by analyzing various changes of their competitiveness elements. This study extracted 20 core competitiveness elements from major 6 competitive categories required in doing specialty contracting business, and their relative importance between the 20 elements were measured. It was found that the specialty's relative competitiveness has been greatly changed and affected by the deregulation of the protective business restriction.

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Payment Settlement Framework for Exporting Real-Time Online Financial Solution (실시간 온라인 금융솔루션 수출을 위한 지급결제프레임워크)

  • Bae, Huynki;Ahn, Yunji;Park, Kwangho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.55-66
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    • 2017
  • Korean small and medium sized software companies have tried to export their solutions or services to overseas markets. In 2016, exports of the software industry increased by 6.0% from the previous year, and the value added of the industry was 2.2 times higher than that of the manufacturing industry. From a long-term perspective, it is important to secure a global competitive advantage in order to sustain the export high value-added of the software industry. The obstacles to entry into the overseas market of small to medium enterprises are as follows: first, difficulty in product development and localization of marketing; second, lack of investment for overseas expansion; and finally, competitiveness of software technology. In particular, To overcome such obstacles, Korean small and medium sized software companies should increase the technical perfection and secure software export competitiveness. The paper presents a payment settlement framework enabling adaptive reuse and semiautomatic development of global payment settlement services. The quantitative and qualitative evaluation results are presented with domestic and overseas case studies as follows: Firstly, semi-automatic development is realized successfully by applying the framework. Secondly, it is possible to maintain consistent quality of software and to deliver maintenance services without relying on the internal human resources. Thirdly, it is possible to reduce the project duration of the same development cope to less than 50% by applying the framework. Finally, because it is based on BPMN 2.0, which is a high level design diagram, it is expected that it will be easy to implement through components connection and reduce difficulties in technology transfer and localization. Also, at the time of runtime operation, it will be effective to understand the design idea easily and to carry out additional developments without human resource who participated in the initial project.

Assessment & implications of the business cessation support system for farmers: focus on the grape business

  • Han, Sukho;Youm, Jungwon;Jang, Heesoo;Koo, Seungmo
    • Korean Journal of Agricultural Science
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    • v.47 no.3
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    • pp.533-544
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    • 2020
  • In this paper, we conducted a dynamic ex-post assessment on the grape business cessation support System. Based on the analysis results, in the short term, there was an increase in grape price due to a decrease in production and accompanying increases in the prices of consumption substitution items. However, in the long run, grape prices fell again due to an increase in grape production because of the entry of new grape farmers and the growth of adult grape trees. In addition, the analysis showed that the balloon effect caused by the conversion of crops caused indirect damage such as an increase in the production volume of substitution crops and a decrease in prices. When analyzing the social welfare measurement, the results showed that the support system for business cessation increased the overall social welfare due to an increase in producer welfare because of a price increase in the short term, but in the long term, both producer and consumer welfare decreased. In the end, it is necessary to review the system because the government's intervention may cause market distortion and inefficient resource allocation. Above all, it is necessary to minimize the indirect effect of the industry's contraction and balloon effect due to excessive business cessation. For this, conditional support should be provided in parallel with post management rather than unconditional support. In addition, it is necessary to provide a strategic support system that considers substitution items in addition to those items to be supported.

A Study on SI Companies' Foreign Market Entry Based on the New Institutional Economics (신제도경제이론을 통해 고찰한 SI 기업의 해외시장 진출에 관한 연구)

  • Lee, Yeon-Hee;Kang, Hyo-Jeong
    • 한국IT서비스학회:학술대회논문집
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    • 2003.11a
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    • pp.194-201
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    • 2003
  • 본 연구는 최근 국내 SI 기업의 활발한 해외시장 진출과 관련하여 일반적인 IT 서비스의 성질을 도출해 고객의 구매결정을 방해하는 요인을 찾아내고 이를 해결하기에 적합한 시장진출유형을 제시하는 것을 목적으로 한다. 또한 거래비용 관점에서 SI 기업에게 가장 효율적인 진출유형이 무엇인지를 도출하는 것이다. IT 서비스는 구매계약이 체결된 이후에 생산이 시작되므로 일단 사용해 본 후에야 품질평가가 가능한 경험적 성질을 갖는다. 따라서 해당 SI 기업과의 사업경험이 없는 고객은 구매 전에 IT 서비스의 품질을 평가할 수 없기 때문에 구매에 대한 높은 불확실성을 인식하게 되고 이것은 구매결정을 방해하는 요인으로 작용한다. 이러한 문제는 SI 기업이 새로이 해외시장에 진출할 때 현지에서 명성과 신뢰를 쌓고 있는 기업과의 합작투자를 통해 해결될 수 있다. 왜냐하면 이럴 경우 IT 서비스와 관련해서는 아직 사업경험이 없다고 할지라도 현지 기업의 명성이나 신뢰, 또는 기존의 돈독한 사업관계를 통해 SI 기업이 자신을 속이거나 배반하지 않을 것이라는 기본적인 믿음을 통해 고객의 불확실성을 감소시킬 수 있기 때문이다. 또한 시장거래비용과 관리적 거래비용 측면에서 순수 자회사 설립보다는 현지 시장 및 고객환경에 밝은 현지 기업과의 합작회사 설립을 통해 진출하는 것이 보다 효율적이다. 이와는 달리 최근 국내 대형 SI 기업의 해외진출 현황을 살펴보면 자회사 설립을 통한 진출을 선호하는 것으로 나타났는데 이것은 이들이 속한 그룹사들이 많은 해외시장 경험을 통해 해당 시장환경에 익숙하기 때문에 현지 기업의 도움 없이도 시장개척이나 고객확보가 가능하다고 판단했기 때문이라고 해석된다. 본 연구결과는 특히 해외시장 경험이 아직 부족한 국내 SI 기업들이 해외시장에 진출할 때 유용한 자료로 활용될 수 있다.

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A Case Study on Channel Strategy of Dongfeng Yueda-Kia Motor (동풍열달기아(DYK) 중국시장 유통채널전략에 관한 사례연구)

  • Lee, Jang-rho;Lee, Ja-hyuk;Park, Ji-hoon
    • Journal of Distribution Science
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    • v.4 no.2
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    • pp.145-165
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    • 2006
  • China has been recognized as the land of opportunity to provide valuable assets owing to dramatic economic developments in a recent year. In particular, automobile industry in china has been noticed by MNCs due to increasing of both steady demands and positive further expectations. The primary purpose of this case research is to examine distinctive channel strategy of automobile environment in China from the viewpoint of Dongfeng Yueda-Kia Motor. In order to accomplish of this, we visited production factory and sales office located in Shanghai, China during the period from April 20 through April 23, 2006. We expect that this case study provides with more opportunity to contribute to practical implications for Korean MNCs which do not entry china market yet.

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Subjectivity Study on the Employment Supporting for Students with Disabilities in College (대학의 장애학생 취업지원에 관한 주관성 연구)

  • Lee, Jae-Hwan;Sung, Hyeok-Je
    • The Journal of the Korea Contents Association
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    • v.15 no.1
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    • pp.197-210
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    • 2015
  • The purpose of this study is to find out subjective perception types and needs of interested group on the employment supporting for students with disabilities in college by Q methodology, then to search for political measures to support employment for students with disabilities in the implication of the sorted subjective perception types. The result of the study showed that there are four major sorts of subjectivities on the employment supporting for students with disabilities in college : external dependence(Type1), disability-friendly (Type2), demand tailored(Type3), internal role emphasis(Type4). The result of the study could check that there was necessary reconstruction to disability-friendly infrastructure based on interset and willness on the employment supporting for students with disabilities in college. In addition to that there was necessary to job creation of government, to build network of industry to successful labor market entry of students with disabilities.

Acacia - The Fibre of Choice

  • Ginting, Eduward;Burman, Ann;Kim, Daniel
    • Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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    • 2006.06b
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    • pp.311-316
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    • 2006
  • The role of short fibre pulp - Mixed Harwood, Eucalyptus, Aspen, Birch, etc for the manufacture of different grades of paper is very well recognized. At the same time, lots of efforts are in progress to maximize the advantages while preserving their own special property. Bleached Acacia Kraft Pulp (BAKP) is comparatively new entry but gained quick recognition. BAKP was introduced to the world market by South East Asian suppliers in the late 1990's. This paper discusses in detail the role and opportunities of use of short fibre pulps. A logical technical comparison has been made between BAKP and another short fibre grades. BAKP being a short, thin-walled fibre shows several similarities with Eucalyptus pulp in terms of good bulk and stiffness. Refining energy and strength properties are very similar, but the shorter fibres and thinner cell walls give an outstanding opacity and formation compared to other commercial short fibre pulps. The collapsed and band-shaped nature gives a matchless smoothness, enabling less calendaring and exceptional printing properties. BAKP is shown to give several advantages to fine paper manufactures, compared with a number of established short fibre pulps such as Brazilian and Chilean Eucalyptus, Canadian Aspen and Indonesian Mixed Hardwood. It is important to consider refining and calendaring conditions to achieve optimum performance. For outer layers of multiply board, Acacia gives excellent coverage due to its high opacity and uniform fibre distribution. Its low roughness property gives improved printability. For tissue products, Acacia gives unique property of superior softness both in terms of hand feel and bulk softness. The high fibre population gives an impression of much higher quality due to the higher opacity and good formation.

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A Case Study on the Method of Public finance expansion for Local Government : - Focus on Kyonggi province profit-oriented public projects - (지방자치단체의 재정확충 제고방안에 대한 사례별 조사연구 -경기도 경영수익사업을 중심으로-)

  • 정종기;최락인
    • Journal of the Korea Society of Computer and Information
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    • v.5 no.3
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    • pp.159-170
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    • 2000
  • This Study is object to find the problems related to the profit-oriented public projects carried out by Kyonggi province and to suggest policy alternative to the local governments. The problems in the profit-oriented public projects are (1) the selection of areas, (2) the planning stage, (3) the management of the projects. The alternative suggestions to improve these problems are (1) the projects which are lack of public interest should be carried out by the private sector, (2) the projects with intense competition in the market should not be promoted as the profit-oriented public projects, (3) the projects in which institutional or natural hindrances are in the entry of private sectors should be carried out as the profit-oriented public projects, (4) the related system and enhancing the flexibility of applying the system, and enhancing the abilities of management mind of the local officials.

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A Study on the Advancement of Domestic Logistics Enterprises to the Specialty Logistics Market in accordance with Changes in the Logistics Industry (물류산업 변화에 따른 국내 물류기업의 특화 물류시장 진출에 관한 연구)

  • Shin, Seok-hyun
    • Journal of Korea Port Economic Association
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    • v.37 no.2
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    • pp.55-71
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    • 2021
  • While major alliance container carriers in the post-corona era are enjoying the largest boom in history with their fleet reduction strategy, shippers companies are in a state of deteriorating import and export price competitiveness due to increased logistics costs, and forwarders who act for shipping companies' logistics services are also experiencing the burden of rising freight rates It is in a state of overheated competition and worsening profits for attracting shippers. For this purpose, research data, literature studies, statistical data and data from overseas specialized networks were used as prior research. Online surveys and telephone interviews were conducted, and as a result, four areas of cold chain (including perishable cargo), project logistics, UN procurement logistics, and dangerous goods logistics, which were found to be particularly in high demand, were analyzed to suggest entry strategies.

Comparison of Approval Process for Nonprescription Drugs in Different Countries (비처방의약품 허가 제도의 국가별 비교 연구 및 고찰)

  • Kim, Joo Hee;Yee, Jeong;Lee, Gwan Yung;Lee, Kyung Eun;Gwak, Hye Sun
    • Korean Journal of Clinical Pharmacy
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    • v.28 no.4
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    • pp.263-272
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    • 2018
  • Nonprescription drugs have become increasingly important in Korean healthcare. By leveraging lower-cost drugs and reducing expenditure associated with fewer physician visits, the nonprescription segment can deliver tremendous value to individual consumers and the Korean healthcare system. Many countries have provided simpler and more rapid routes to market entry for qualifying nonprescription drug products, using the established data on drug safety and efficacy, as well as public and professional opinion. In US, the FDA waived the pre-approval process for over-the-counter (OTC) drugs marketed through the OTC Monograph Process. In Australia and Canada, different OTC product application levels are defined, with a reduced level of assessment required when the risks to consumers are considered low. Japan established a new OTC evaluation system in 2014 to facilitate the Rx-to-OTC switch process. The legislative framework for medicinal products in the European Union allows for drugs to be approved with reference to appropriate bibliographic data for old active substances with well-established uses. Through a comparison of the regulatory framework and the requirements for nonprescription approval process in different countries, several ways to improve regulatory practice for the evaluation of nonprescription drugs in Korea have been suggested.