• Title/Summary/Keyword: Network Competitiveness

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Location Efficiencies of Host Countries for Strategic Offshoring Decisions Amid Wealth Creation Opportunities and Supply Chain Risks

  • Ma, Jin-Hee;Ahn, Young-Hyo
    • Journal of Korea Trade
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    • v.25 no.3
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    • pp.21-47
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    • 2021
  • Purpose - Offshoring has emerged as one of the major trends in international trade and has become one of the strategies for achieving competitiveness in the global market. In spite of this, the expected gains of offshoring can be offset by hidden costs and risks, such as those associated with the COVID-19 pandemic, the trade war between the USA and China, and the ongoing trade dispute between Korea and Japan. To obviate such business failure and prevent critical business blunders, offshoring strategies that efficiently consider both risk elements and potential wealth creation are urgently need. The first purpose of this study is to contribute to the development of more advanced offshoring strategies to help host countries select the best locations to manage supply chain risks and create unique value. The second purpose is to specifically analyze the current status of Korea and provide Korean companies with implications to be considered when deciding whether to offshore or re-shore. Design/methodology - A Network DEA model was applied to measure the comparative location efficiency of national competencies for offshoring strategy from perspectives of wealth creation opportunities (profitability and marketability) and supply chain risk management. The location efficiencies are compared among a total 70 countries selected from the Global Competitiveness Index (GCI) and globally attractive locations outlined by Kearney (2017). For the secondary analysis of efficiency, a t-test examining the nature of competitive advantage and the level of sophistication in production processes was implemented in three divisions. We then analyzed differences in offshoring performance in terms of the identified national traits. Moreover, Tobit regression analysis is conducted to investigate the correlation between value-added business activities and each divisional efficiency, seeking to determine how each degree of value-added business activity influences the increase in offshoring productivity. Findings - Regarding overall location efficiency for offshoring performance, only the USA and Italy were identified as being efficient as host countries for offshoring, under circumstances of advanced development, such as productivity and risk management. Korea ranks 13th among 70 countries. The determinants of national competitiveness depend on national traits (the nature of competitive advantage and business sophistication). Countries with labor/resource advantages and labor-intensive industries are more competitive in terms of marketability than others. In contrast, countries with strong technology-intensive industries benefit offshoring companies, particularly in the technology sector, with the added advantage of supply chain risk management. As the perception of a value chain is broader in a country, it can achieve both production sophistication and competitive advantages such as marketability and SCRM. Originality/value - Existing studies focus on offshoring effectiveness from a company perspective. This paper contributes to comparing country efficiency in producing core competencies related to an offshoring strategy and also segments countries into three performance-based considerations associated with the global offshoring market. It also details Korea's position as an offshoring location according to national efficiency and competency.

Prediction of Dormant Customer in the Card Industry (카드산업에서 휴면 고객 예측)

  • DongKyu Lee;Minsoo Shin
    • Journal of Service Research and Studies
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    • v.13 no.2
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    • pp.99-113
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    • 2023
  • In a customer-based industry, customer retention is the competitiveness of a company, and improving customer retention improves the competitiveness of the company. Therefore, accurate prediction and management of potential dormant customers is paramount to increasing the competitiveness of the enterprise. In particular, there are numerous competitors in the domestic card industry, and the government is introducing an automatic closing system for dormant card management. As a result of these social changes, the card industry must focus on better predicting and managing potential dormant cards, and better predicting dormant customers is emerging as an important challenge. In this study, the Recurrent Neural Network (RNN) methodology was used to predict potential dormant customers in the card industry, and in particular, Long-Short Term Memory (LSTM) was used to efficiently learn data for a long time. In addition, to redefine the variables needed to predict dormant customers in the card industry, Unified Theory of Technology (UTAUT), an integrated technology acceptance theory, was applied to redefine and group the variables used in the model. As a result, stable model accuracy and F-1 score were obtained, and Hit-Ratio proved that models using LSTM can produce stable results compared to other algorithms. It was also found that there was no moderating effect of demographic information that could occur in UTAUT, which was pointed out in previous studies. Therefore, among variable selection models using UTAUT, dormant customer prediction models using LSTM are proven to have non-biased stable results. This study revealed that there may be academic contributions to the prediction of dormant customers using LSTM algorithms that can learn well from previously untried time series data. In addition, it is a good example to show that it is possible to respond to customers who are preemptively dormant in terms of customer management because it is predicted at a time difference with the actual dormant capture, and it is expected to contribute greatly to the industry.

Strategy for Successful Deployment of Korea Information Infrastructure (초고속 정보통신기반 구축 활성화 방안)

  • 이근구;성종진;김장경
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.2 no.4
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    • pp.465-472
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    • 1998
  • Korean Administration has launched the KIT(Korean Information Infrastructure) project to strengthen national competitiveness and to improve people's quality of life in preparations for the coming information society in the 21s1 century. It is estimated of 3.19 trillion won for the KII construction starting from 1995 by 2010. The KII is to be implemented in three major stages: deployment such as Network test bed, Government network, and Public network. This paper shows overall trends of domestic and foreign information and telecommunication market, and achievements and issues of the 1st stage trials. This paper suggests some considering points for the successful deployment of the KII project.

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Technology Keyword Network and Cognitive Map Analysis: to prospect promising technology of UAV(Unmanned Aerial Vehicle) airframe industry (기술 키워드 네트워크와 인지지도 분석을 통한 무인항공기 비행체산업의 유망기술 도출 연구)

  • Joo, Seong-Hyeon;Ha, Sung-Ho;Park, Sang-Hyeon
    • Journal of Korea Society of Industrial Information Systems
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    • v.21 no.5
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    • pp.55-72
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    • 2016
  • This study aims at providing a methodology for retaining international technology competitiveness, marketable industry, and sustainable promising technology in a field of new growth engine industry such as national unmanned aerial vehicle industry. We draw a result by analysing with tools such as KrKwic, Excel, NetMiner, presenting methods of a Social Network Analysis, sub-group analysis, and cognitive map analysis based on patent data in a field of unmanned aerial vehicle industry. As a result, some future promising technologies are prospected as what worths concentrated investment, such as 'pilot control tech', 'identification of friend or foe tech'.

The Method on System Construction for the Marine Total Information Network in Korea (한국의 해양 정보 통합 시스템 구축에 관한 연구)

  • Youn, Hyeong-Duk;Kang, Chang-Hun;Gil, Dong-Uk
    • The Journal of the Korea institute of electronic communication sciences
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    • v.1 no.1
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    • pp.81-86
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    • 2006
  • Our country has been surrounded an advantageous around condition by sea on three sides. But the development into the sea, for a lack of systematic database on the marine total information network for a foundation information and reseach infra construction. This marine total information network will be not contribute to an advance of domestic marine industry through information's common ownership but also international competitiveness strength.

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The Design Method on System Construction for the Marine Total Information Network in our Country (우리나라의 해양 정보 통합 시스템 구축 설계에 관한 연구)

  • Shin Hyun-Sik;Kim Chun-Suk
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2006.05a
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    • pp.587-592
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    • 2006
  • Our country has been surrounded an advantageous around condition by sea on three sides. But the development into the sea, for a lack of systematic database on the marine total information network for a foundation information and reseach infra construction. This marine total information network will be not contribute to an advance of domestic marine industry through information's common ownership but also international competitiveness strength.

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Multi-Phase Logistics Network Design of Industrail Estate Area (산업단지내 효율적 운송을 위한 다단계 물류네트워크 설계)

  • Kim, Woong-Sub;Shin, Jae Young
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2012.10a
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    • pp.84-85
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    • 2012
  • Continuous oil price rising and the regulation of carbon emmission makes companies to have higher competitiveness. because of this trend, companies are trying to establish and manage efficient logistics system to improve customer service and reduce cost, so more competitive logistics complex is needed. To construct this kind of logistics complex, proper policy and logistics system for transportation is necessary. Especially, efficient operation through establishing system of logistics at the complex is very important for low cost and environmental friendly point of view. So this paper presents logistics network operation model for efficient transportation, especially approaches the problem with Multi-Phase.

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Trends in 5G Small Cell and Application Technology (5G 스몰셀 기술 및 활용 기술 동향)

  • Kwon, D.S.;Na, J.H.
    • Electronics and Telecommunications Trends
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    • v.37 no.2
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    • pp.83-95
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    • 2022
  • 5G goes beyond people to serve indoor and outdoor companies and industries, as well as campuses such as halls, industrial complexes, educational institutions, stadiums, dense urban areas, rural areas, and government institutions. Therefore, a new approach to small cells is needed. Accordingly, 3GPP and Small Cell Forum are researching 5G small cell architecture; 3GPP, Small Cell Forum, and 5G Alliance for Connected Industries and Automation are also researching private networks tailored to meet the specific requirements of various companies and local governments. In particular, in the UK, a small cell-based technology is required for realizing the Joint Operator Technical Specifications-Neutral Host In-Building specification to cost-effectively secure indoor coverage. Further, the research on the SON(Self-Organizing Network) technology for small cells in 5G, where commercialization has begun, is required. The 5G-based small cell structure, private network, and Neutral Host In-Building and SON reviewed in this study are at the initial research stages; therefore, additional research is needed to secure the competitiveness of the small cell technology in 5G and Beyond 5G.

A Study on 5G Service Methods by using BOCR Model and ANP

  • Song, Inkuk
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.16 no.10
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    • pp.3299-3312
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    • 2022
  • Recently, South Korea preferentially allocated frequencies to build 5G networks as a core competitiveness of the 4th Industrial Revolution. Although the government recognize the importance of 5G construction and preoccupation, network operators have limited to some services, testing the possibility of practical use of 5G. They hesitated to actively build and to carry out the service of a complete 5G network. While 5G is being developed and standardized like this, no one is sure of this step exactly what 5G will be. Thus, following research questions are asked by various stakeholders of 5G market: What is an ideal service providing method for the practical use of 5th generation mobile network? And what are the critical elements to be considered when selecting the service providing method? Therefore, the study aims to investigate 5G service providing issues and elements to be considered and to provide most appropriate service providing method for the practical use of 5G. The results identify that 'Specialized Service' is most appropriate method at the aspects of benefit and opportunity as well as the aspect of risk. In addition, the outcomes imply that the experts replying to the survey not only expect the expansion of emerging market, but also concern the social risk and cost. Since the study dealt with economic, social and business issues in providing 5G service, it might contribute not only to practical research, but also to academic research regarding 5G service method.

A Study on Market Convergence Dynamics Based on Startup Data: Focusing on Korea (스타트업 데이터 기반의 시장융합 다이내믹스 분석: 한국을 중심으로)

  • Song, Chie Hoon
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.4_2
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    • pp.627-636
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    • 2022
  • Market convergence plays an increasingly important role in sustaining competitiveness and providing impetus for the new product development. However, existing research focused mostly on the analysis of convergence at technology level. This study examines the phenomenon of market convergence based on the start-up data. Similar to the analysis of technology convergence, this study adopts the concept of co-classification analysis for constructing the co-occurrence matrix and the corresponding network. In this context, network centrality measures were calculated to assess the influence of individual market segments. Based on three metrics "growth", "persistence" and "novelty", the market convergence dynamics were explored and promising interactions between two distinct market segments were highlighted. The findings suggest that both segments "AI" and "blockchain" are acting as a driver that fosters market convergence in the startup landscape. The analysis results can provide valuable information for the R&D managers and policy makers in the design of targeted policies and programs, which can promote market convergence and interdisciplinary knowledge transfer.