• Title/Summary/Keyword: New Economy

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Motives for Participating in Sharing Economy: Intentions to Use Car Sharing Services

  • Joo, Jae-Hun
    • Journal of Distribution Science
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    • v.15 no.2
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    • pp.21-26
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    • 2017
  • Purpose - Sharing economy is a promising research topic as a complementary approach for solving difficult issues resulting from market economy. Motive factors for consumer participation in sharing economy are necessary to facilitate the growth of sharing economy. This study analyzes motives for participating in sharing economy using samples from a car sharing service in South Korea. Research design, data, and methodology - Four hypotheses drawn from a new research model integrating the relationships between economic and social value, social value, and the intention to use sharing economy services were proposed. 292 valid samples were collected from Socar users in South Korea. Multiple regression analysis was employed to test the hypotheses. Results - An empirical study identified the importance of convenience and time savings as determinants of intention to use continuously a car sharing service. Cost savings and social value did not significantly influence the intention to use car sharing service. Conclusions - The present study implies that managers working in sharing economy don't have to miss a role of convenience. Although a new finding implies that convenience is an important factor influencing car sharing service, the present study has a limitation of generality that samples are mostly collected from the age range of 20 to 30 years.

A Study on the New Developmental Ststegies for Promotion of Rural Economy (농촌지역 산업진흥을 위한 새로운 발전전략의 모색)

  • 이동필
    • Journal of Korean Society of Rural Planning
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    • v.1 no.1
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    • pp.111-124
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    • 1995
  • This paper discuss on the strategies for rural economic development Maul purposes of this paper are as follow: First, to review importance of economic promotion in the integrated rural developmental scheme, Second, to identify structural problems of rural economy, and Third, to suggest promotional strategies for the development of rural economy. Economic vitalization is the very important strategy to support daily life of rural population. Since rural economy heavily depends on agricultural sector which has relatively low productivities, diversification of rural economy through introduction of 2nd and 3rd industrial sector is one of the most urgent tasks in rural Korea. Integrated, localized, and planning oriented approaches with reformation of incentive system for the development of rural economy are strongly recommended as new strategies.

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Data economy in Korea: Cases of finance, real estate, and medical care sectors (한국의 데이터경제 현황 및 평가: 금융, 부동산, 의료 부문을 중심으로)

  • Cho, Man;Moon, Seongwuk;Rhee, Inbok;Choi, Seongyun
    • Journal of Technology Innovation
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    • v.31 no.1
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    • pp.65-103
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    • 2023
  • With the recent surge in the share of data-based economic activities, there have been vibrant discussions on the data economy. Yet, few extant works provide a framework for systematically analyzing the transition to the data economy by major industries in Korea. By reviewing the existing literature, we first summarize the main characteristics of the data economy as building platforms, the greater importance of predictive power, and the increased use of new analytics. Next, based on such understanding, we provide a comparative analysis regarding the degree of data-based activities in Korea's financial, real estate, and medical sectors. We find that the speed at which, and the content of the data economy characteristics being realized were different for the different sectors. These findings suggest that differentiated policy approaches by major industrial sectors such as finance, real estate, and medical care are needed to improve economic productivity and increase welfare through the spread of the data economy.

An Empirical Analysis on the Effect of Naepo New Town on the Local Economy of Neighboring Areas (내포신도시 조성에 따른 지역경제 영향에 대한 실증분석)

  • Hong, Sung Hyo;Lee, Gyoung Ju;Im, Jun Hong
    • Journal of the Korean Regional Science Association
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    • v.36 no.3
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    • pp.41-52
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    • 2020
  • A new town attracts a large population in the short period due to its excellent residential conditions, and forms a local economy. However, if the new town is constructed in an inferior area, it would cause a negative effect to neighboring areas by absorbing population and firms from them. Nevertheless, the relocation of Chungnam provincial office from Daejeon, a metropolitan area to Naepo belongs to the key project of constructing Naepo. If the officers and their family members move to Naepo following the relocation and form a new consumer group of a local economy, the construction of Naepo would cause a positive effect to its neighboring areas. This paper empirically analyzes the effect of Naepo on the local economy through the change in differences of the new openings of restaurants between areas (defined either by donut-shaped area with 500-meter width or by Eup, Myun, and Dong) inside and those outside of 10km from the border of Naepo. The results from regression equation estimation where difference-in-differences framework is applied imply that the construction of Naepo new town caused a positive economic effect to its neighboring areas.

A study on the Improvement of Ignition Sequence control for Fuel Economy on vehicle (차량연비향상을 위한 점화순서 제어에 관한 연구)

  • Lee, Tae-Pyo;Kim, Jong-Boo;Yim, Kuk-Hyun;Ahn, Doo-Soo
    • Proceedings of the KIEE Conference
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    • 2000.07d
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    • pp.2352-2354
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    • 2000
  • In this paper, to present a new ignition control system for improvement the fuel economy. An actual hardware was made to prove that new control system, which only some of cylinder using under the idle status or low speed preserving the engine rpm, is applicable to effec fuel economy.

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Korea-EU FTA and the Facing Theses of Regional Economy (한-EU FTA 추진에 따른 지역경제의 당면과제 - 강원경제의 대응을 위한 제언 -)

  • Yu, Won-Keun
    • International Commerce and Information Review
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    • v.10 no.3
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    • pp.407-436
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    • 2008
  • The purpose of this study is to verify the economic effects of the on going Korea-EU FTA negotiations upon the regional economy and to present some strategic economic countermeasures to deal with the forthcoming changes on the economic environments. In comparing with the industrial structure between Korea and EU, due to the different specific part of their industrial competitiveness both parts would have complementary cooperative transactions and trade as well. And also Korea and EU would have the similar understanding of the importance of the field of agriculture and service in accordance with the economic standpoint respectively. The level of degree and magnitude of the effect of Korea-EU FTA upon the regional economy would be decided in accordance with the industrial structure and the level of income of the regional economy. We are not to confirm and specify the economic influences of Korea-EU FTA negotiations on the economic conditions of Gangwon province but to prepare rational economic countermeasures fit to its structural character. One of the political strategies that might be feasible is the inflow of foreign direct investment from the developed European countries to the regional economy. This developing model would mean a new experiment to activate any regional economy and a new formation of the policy of economic growth.

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Measuring the Economic Impacts of Hydrogen Economy in South Korea: An Input-output Approach (산업연관분석을 이용한 수소경제의 경제적 파급 효과 분석)

  • SU-BIN CHOI;JU-HEE KIM;SEUNG-HOON YOO
    • Transactions of the Korean hydrogen and new energy society
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    • v.34 no.5
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    • pp.398-412
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    • 2023
  • The Korean government is actively promoting the hydrogen industry as a key driver of economic growth. This commitment is evident in the 2019 hydrogen economy activation roadmap and the 2021 basic plan for hydrogen economy implementation. This study quantitatively analyzes the economic impact of the hydrogen economy using input-output analysis based on the Bank of Korea's 2019 input-output table, projecting its size by 2050. Four parts dealt with production-inducing, value-added creation, employment-inducing, and wage-inducing based on a demand-driven model. The results reveal that transportation had the most remarkable economic effect throughout the hydrogen economy, and production was the least. The hydrogen economy is projected to reach 71.2 trillion won by 2050.

A Study for the Direction of Korean Tourism Policy in Digital Economy (디지털경제에서의 한국 관광정책의 방향연구)

  • Lee, Ung-Gyu
    • 한국디지털정책학회:학술대회논문집
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    • 2004.05a
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    • pp.37-49
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    • 2004
  • According as the use of information and communication technologies and the Internet are advancing rapidly, the digital economy are no longer emerging or beginning today. They are here with ours already. We are living in a new era that the economic paradigm and structures are changed remarkably, namely the digital economy era. Tourism policy is crucial to tourism industry competitiveness by triggering changes in the digital economy. Better tourism policy in the digital economy should satisfy the tourist needs as well as create additional value for the tourism industry.

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Methodology for Assessing the State of Human Capital in the Context of Innovative Development of the Economy: A Three-Level Approach

  • Chulanova, Zaure K.;Satybaldin, Azimkhan A.;Koshanov, Amanzhol K.
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.321-328
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    • 2019
  • The purpose of the study is to analyze the main approaches to assessing human capital and develop proposals for its most objective assessment of it at the different levels of manifestation - individual, microeconomic and macroeconomic. The article considers the basic approaches to the evaluation of human capital, used in practice: retrospective (costly) and prospective (income based). Cost based methods involve measuring the value of human capital based on the total costs associated with its formation. The proposed additional evaluation criteria, in particular, the use of the expert approach and the developed indicators of a qualitative assessment of the human capital of the enterprise will allow development that is more efficient and use of available human resources. Human capital is becoming a major factor in the formation and development of an innovative economy and knowledge economy. Accordingly, the proposed additions to the assessment of human capital at the country level are aimed at assessing it from a new angle, taking into account the current global trends in the formation of an innovative economy and digitalization. They meet qualitatively new requirements for human capital as the main productive factor in the creation of new highly efficient technologies that promote the active development of the social sphere, science, education, health, etc.

A Study on Service Philosophy for New Economy and Society (신경제사회 중심사상으로서의 서비스철학 연구)

  • Kim, Hyunsoo
    • Journal of Service Research and Studies
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    • v.9 no.4
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    • pp.1-17
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    • 2019
  • This study was conducted to establish a service philosophy as a major ideology in the New Economy and Society. The service philosophy, which is the ideological foundation to lead the service economy era, should be an idea that can develop the new economy society, reflecting the nature principle of the universe and human being. The service philosophy was derived based on the study of the human representative ideology and the study of the new economy and service essence. A good idea must be consistent with the principles of the universe and be consistent with the essence of the human representative ideology, so that it reflects the core principles of the universe and the core of human representative ideas. In addition, the central idea should reflect the changes of the New Economy Society in the future. Therefore, the essence of the service and the change of the New Economy Society were analyzed. We analyzed the social and philosophical significance of the macroscopic cosmology and the microscopic quantum theory of modern physics. We analyzed the essence of Oriental and Western representative ideas and derived implications of these ideas from the viewpoint of modern society where service is central. Based on the essence principle of the universe and human, we have established the service philosophy structure and derived the human, historical, social, economic, and managerial aspects of service philosophy. The structure of the derived service philosophy was presented, and discussions were conducted for future research.