• Title/Summary/Keyword: Medium Firms

Search Result 528, Processing Time 0.027 seconds

A Study on the Effects of Performance-Based Personnel System Research on the Organizational Effectiveness: Focusing on Small Company, Shandong Province of China (성과주의 인적자원관리제도와 조직유효성에 관한 연구: 중국 산동성 중소기업을 중심으로)

  • Liu, YiXin;Chang, Sug-In
    • Industry Promotion Research
    • /
    • v.1 no.1
    • /
    • pp.159-166
    • /
    • 2016
  • The purpose of this study is to present and identify the relationship for the effects of performance-based human resource practices on the organizational effectiveness with focusing on small and medium-sized enterprises around Shandong province of China. The performance-based human resource practice factors include selective employment system, education training system, evaluation system, compensation system and the career promotion ladder opportunity system. As a result, among ten hypotheses, six hypotheses turned out to be the meaningful approaches. In addition there exist some human factors that interfere with the fairness of the evaluation due to the regional and personal factors, assessment system difference among firms. Finally the compensation system and organizational investment for increasing or decreasing will critically affect the enthusiasm of the staff members of firms, and the less invested for thema, the greater the likelihood of their turnovers.

A Study on the Effect of Aligning with Management Strategy and Strategic Performance Management on Firm's Performance in Medium and Small Firms (중소제조기업의 경영전략과 전략적 성과관리시스템의 연계성이 경영성과에 미치는 영향)

  • Lee, Gapsoo;Lee, Jonghwan;Kim, Cheoseok;Wie, Do-Young
    • Journal of Digital Convergence
    • /
    • v.12 no.5
    • /
    • pp.101-113
    • /
    • 2014
  • The purpose of this study is to whether management strategy types are archived improving the business performance and strategic performance management system makes a significant influence on the business performance. Another objective is to identify whether the interaction between management strategy types and strategic performance management system makes a significant influence on the business performance. The results of this study indicate that diversity performance measures(strategy types) are effect partially presented on the firm's performances. And, firms which have the higher using diversity performance measures(strategy types) are achieve the higher firm's performances than lower using firm's(strategy types). And, the interaction of Management strategy types and diversity performance measures are effect partially presented on the firm's performances.

Convergence of IT service providers and brick-and-mortar companies in an industrial cluster (정보기술서비스기업과 클러스터 오프라인기업의 컨버전스)

  • Yi, Jun-Sub
    • Journal of the Korean Data and Information Science Society
    • /
    • v.21 no.6
    • /
    • pp.1211-1224
    • /
    • 2010
  • The study derives various anticipated benefits resulting from locating small and medium sized IT service firms in a specific industrial cluster area. The study also derives IT service agility factors to obtain competitive advantages vital to real-time global enterprises. The anticipated benefits were then used to analyze how they improve the firms' agility. Using questionnaire data, factor analyses were used to figure out eight anticipated benefit factors including coordination, information sharing, business costs, speciality, communication, trust improvement, mutual business understanding, and reciprocity. The eight empirically derived benefit factors were then used to examine how they affect the IT service agility including flexibility, speed, responsiveness, and lean efficiency. The results of regression analyses showed that each one of the anticipated benefit factors except communication influence one or more IT service agility factors.

The Early Stage Performance of Successful SMEs and a Desirable Policy for SMEs (성공한 중소기업의 창업초기 경영실적과 정책의 방향)

  • Kang, Won
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.9 no.3
    • /
    • pp.1-11
    • /
    • 2014
  • This study examines the performance of the successful small and medium size firms in their early stage. No sign of widespread chasm or the death valley among the sample firm is identified. More than half the sample firms had made reasonable forecast on the uncertainty of their future business before they were incorporated. Overall results of empirical studies carried out in this article allow us to assert that the difficulties experienced in the early stage are mostly manageable within the organization. This implies that the Government support for start-ups in early stage should be discouraged. Empirical investigation across different periods reveals, however, that the Government may have significant roles to play when it comes down to controlling the macroeconomic shocks.

  • PDF

IT SMEs' External Information Network Diversity and Product Quality Improvement in the Era of Technology Convergence: The Mediating Role of the Production Process Improvement (기술 융합 시대에 IT 중소기업의 외부 정보 네트워크의 다양성과 제품 품질 개선: 생산 공정 개선의 매개적 역할)

  • Hau, Yong Sauk
    • Journal of Digital Convergence
    • /
    • v.15 no.4
    • /
    • pp.199-204
    • /
    • 2017
  • Good product quality is so essential to enabling firms to succeed that how to make the product quality better through technology development is one of the most important issues that many CEOs think over. With regard to the product quality improvement from firms' technology development, this study has made an attempt to empirically investigate the effect of the external information network diversity on the product quality improvement of the small and medium-sized enterprises (SMEs) in the information technology (IT) sector, mediated by their production process improvement. This research illuminates the following two points by empirically analyzing the 310 IT SMEs through the ordinary least squares regression analysis. First, IT SMEs' external information network diversity has a positive influence on their product quality improvement from technology development. Second, IT SMEs' production process improvement partially mediates the impact of their external information network diversity on the product quality improvement.

Project management service for Kazakhstan Express Residence (카자흐스탄 익스프레스 레지던스 PM 프로젝트 사례 발표)

  • Jung, Jae-Ho;Park, Yong-Jun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2007.11a
    • /
    • pp.19-24
    • /
    • 2007
  • Due to the decreasing of Korean Construction market situation, recently a lot of medium & small size contractors, engineering firms and consulting firms are extending their business area to overseas market. To compare with 80${\sim}$90's situation at that time only Contractor provide service to overseas but in recent, there are number of Design, CM/PM and other consulting services which provide service to overseas. With this figures, the number of nation also increased from middle east and South east asian area to central asia and african nations and among them Kazakhstan has became as new market for the construction industry based on it oil money and up stream of real estimate market. Based on this fact, we will explain one of our recent project case for PM service in Almaty, Kazakhstan to show others who have interest to do business in their.

  • PDF

A Study on SMEs Online Export Performance using e-Trade Company's Service in Korea (중소기업의 무역단계별 e-무역상사 서비스 이용정도가 온라인 수출성과에 미치는 영향에 관한 연구 - 추가분석 : 조직특성의 조절효과 -)

  • Shim, Sang-Ryul;Moon, Hee-Cheol;Lim, Seong-Beom;Xing, Jing
    • Proceedings of the Korea Contents Association Conference
    • /
    • 2008.05a
    • /
    • pp.409-418
    • /
    • 2008
  • This study analyzed the effect of degree of using online trade process services provided by e-Trade companies on the degree of user satisfaction and the online export performance in Korean small and medium-sized exporting firms(SMEs). According to the empirical survey results based on 130 sample firms, there were positive relationship among the frequency of using e-Trade companys' service, the degree of user satisfaction and the online export performance. Furthermore, the results of the moderated regression analysis showed that there were significant moderation effect of the organizational characteristics on the relationships between the degree of user satisfaction and the SMEs' online export performances. This study provides several useful implications to Korean SMEs and e-Trade companies and government policy makers.

  • PDF

A Research on the Impacts of Technology Rransfer in Government-sponsored Research to the Growth of Technology Licensees (공공 R&D의 기술이전이 기업의 성장에 미치는 효과 연구)

  • Kim, Junhuck
    • Journal of Korea Technology Innovation Society
    • /
    • v.20 no.4
    • /
    • pp.1159-1191
    • /
    • 2017
  • This study considered technology commercialization as a sort of external R&D of the licensee firm. Then, this study analyzed industrial characteristics of technology commercialization and interactions between internal R&D and technology commercialization from the licensee's viewpoint. Data from NTIS (National science and Technology Information Service) and KED (Korea Enterprise Database) were matched. 7,645 technology commercializations from 1,980 firms were extracted. Afterward, OLS and quantile regression were applied to the extracted data. The impact of technology commercialization on firm growth was concentrated to few high-tech and medium high-tech firms. Technology commercialization was effective in the growth in a year while internal R&D was effective in the growth in two years. The firm size was insiginificant variable. In analysis of 4 selected industries (automobile, electronics, semiconductor, chemistry), the impact was skewed among industries. Though the importance of technology commercialization is widely acknowledged, quantitative analyses like this study are uncommon. Therefore, this study can be useful for the tailored industry solutions for technology commercialization.

Development of a New Direct Marketing Channel in the Chinese Rural Market: The Case of Hongfu Fertilizer Company

  • Li, Dao-sheng;Hong, Jinhwan
    • Asia Marketing Journal
    • /
    • v.15 no.2
    • /
    • pp.29-47
    • /
    • 2013
  • Distribution channel decisions involve long-term commitments with other firms that are very difficult to change or replace. In particular, marketing channel decisions in emerging markets are much more complicated due to unfamiliar conditions and problems such as lack of market data and distribution systems. Therefore, when a company considers changing or introducing a marketing channel in an area, it is much more difficult to judge its effectiveness in an emerging market than in a developed market. In this study, we investigate the development process of a new direct marketing channel of Hongfu Fertilizer Company (hereafter Hongfu), a medium-sized Chinese fertilizer manufacturer, and propose an approach to test the feasibility of this new marketing channel in the Chinese rural market. We measure the effectiveness of Hongfu's new marketing channel from two perspectives: i) from customers' perspective through direct responses of farmers, which showed that a new channel can increase the convenience and lower the purchasing costs for the farmers, and ii) from the company's perspective, by calculating the incremental profit of the company using the expansion factor (T/Q) method, which suggested that the execution of Hongfu's strategy to expand a new marketing channel will result in an increase in profits. The results of this study contribute to the development of a methodology to test the feasibility of a new direct marketing channel in the emerging markets such as the Chinese rural market. Traditional and indirect distribution channels in emerging markets are generally not very efficient and difficult to change. Especially, in emerging markets, like the Chinese rural market, the methods of testing channel feasibility must be different from that of developed markets. Considering market situations, market experiments can be more effective then systematic market surveys in testing channel feasibility in emerging markets. This study implies that managers must learn to cope with a transition from the traditional marketing channels in emerging markets. With the development in farmers' understanding of marketing concept, the transition from traditional marketing channel is unavoidable for all firms. Farmers in China are generally very conservative, however, their buying behaviors are changing. Therefore, fertilizer companies should try to adjust in accordance with farmers' demand characteristics that the efforts to meet the economic needs of farmers with new marketing channels as well as trust building are critical in the near future.

  • PDF

A Study of the Relationship between Information Source and Product Innovation in Manufacturing Firms: Focusing on Government Regulation (제조 기업의 정보 원천과 제품 혁신의 관계에 대한 연구: 정부의 규제를 중심으로)

  • Keontaek Oh;EuiBeom Jeong
    • Journal of Korea Society of Industrial Information Systems
    • /
    • v.29 no.3
    • /
    • pp.107-120
    • /
    • 2024
  • To study the relationship between various information sources and first-to-market product innovation, this research examined how the internal and external information sources relate to first-to-market product innovation and how government regulations (economic, social and administrative) affect first-to-market product innovations, applying the perspective of Institutional Theory. For the analysis, variables used were first-to-market product innovation, internal and external information sources, and economic, social, and administrative regulations. This study was conducted based on survey data from the Korean Innovation Survey 2020 by the Science and Technology Policy Institute of Korea (STEPI). The data analyzed included small and medium-sized enterprises (SMEs) in the manufacturing industry, and a total of 586 firms were used from 2017 to 2019. By analyzing the internal and external information source and government regulations that have been relatively underexplored in previous research, this study suggests new directions and provides practical and managerial implications based on the results.