• Title/Summary/Keyword: Overseas market

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A Study on Convergence Plan for Co-Production of Korea-ASEAN Broadcasting Program (한-아세안 방송 프로그램 공동 제작 융합 방안 연구)

  • Kim, Youn-Sung;Kim, Tae-Yang
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.20 no.4
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    • pp.23-33
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    • 2020
  • The purpose of this study was to find ways to co-produce ASEAN-Korea co-production in the ASEAN market, which is the market that we should strategically converge in the domestic and overseas environment of the Korean content industry. The research content to achieve the research objective was targeted at viewers of broadcasting programs from five ASEAN countries, and the survey methods were conducted for case-research analysis. First, we analyzed the current status of Korean content broadcasting in five ASEAN countries during the first half of 2018, secondly, the status of use and awareness of Korean broadcasting programs in the five ASEAN countries, fourth, use and awareness of joint broadcasting programs with Korea, and finally, international joint production cases with Korea in the five ASEAN countries. Through this ideal, it is worth suggesting that the Korea-ASEAN joint production should strategically converge under the domestic and international environments currently facing the Korean content industry.

A research on the development of Lianyungang port (중국 연운항항 발전방향)

  • Ma, Chang-Ming;Jo, So-Hee;Nam, Ki-Chan
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2009.10a
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    • pp.206-207
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    • 2009
  • It is estimated that the potential of Chinese market is infinite. The success of Chinese economic reformation is generating the high economic growth in China. China is a rising logistics market as its growing throughput and port expansion but China's railway transportation system is not well-linked with ports. China built TCR(Trans-China Railway) which is across the Chinese territory and connected to as far as Europe. With this mode, it is possible to place more overseas freight and meet more customers' needs. Lian yun gang is a city on the East coast of China where the commencing station of TCR is located. This paper reviews the present conditions of Lianyungang and presents the development direction of the city to become a logistics point.

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Vietnam: Is it attractive market for Korean Textiles and Apparel Industries\ulcorner Recent investments, Future Directions, and Implications (한국 섬유 및 의류산업의 유망 해외 진출국으로서의 베트남: 최근 진출 현황, 향후 전망과 제언)

  • 김혜수;진병호;박연주
    • Journal of the Korean Society of Clothing and Textiles
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    • v.26 no.7
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    • pp.958-969
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    • 2002
  • No one doubts that textile and apparel industries have contributed to economic miracles of the export-led growth in Korea. However, by the turning of 1990′s, these sectors have encountered many problems such as decreasing of domestic production and exports mainly due to wage rise and shortage. Therefore, foreign direct investment to the low labor cost countries has been enlarged for a way of improving its competitiveness and increasing exports. However, no intensive study has been made exploring current investments and future directions. This study focuses Vietnam as one of the promising overseas investment countries. The purposes of this study are to analyze current investment status of Korean textiles and apparel firms in Vietnam, to explore merits and problems Vietnam has, and to present useful implications and strategies for Korean textiles and apparel companies. Analysis of current secondary data suggests that Korean apparel industry, rather than textiles industry, have invested more in Vietnam, mostly in southern Ho Chi Minh City. Investments of Korean apparel and textile firms have shown steady increase from 1990 but have turned to a decrease from 1995. Findings suggested that Vietnam has merits for attracting foreign investment since it provides relatively cheap labor and outstanding skillful hands suitable for apparel and textiles industries. In addition, because of EU quota increase and the trade agreement between Vietnam and USA it is likely for firms in Vietnam to increase exports to EU and USA Rapid expansion of domestic apparel market and "Korean trend (Han Rue)" in Vietnam resulted from successful star marketing of Korean firms are another merits Vietnam has to the Korean fm. However, regulations of central government, low efficiency of bureaucratic and stiff administrative process, difficulty of making decision in case of joint venture, lack of social overhead capital, high factory construction costs, weak construction condition, and the excessive competition among investment enterprises have found to be problems. Based on pros and cons of investment to Vietnam, marketing strategies, practical implications and future directions were suggested.

Moon Administration's ICT Startup Policy (문재인 정부의 ICT창업정책)

  • Shin, Jin
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.22 no.11
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    • pp.1495-1504
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    • 2018
  • The Moon administration has proposed three major directions for startup growth: the creation of a new environment, active investment, and the creation of a virtuous cycle in venture investment. The policy is progressive but not sufficient to create a startup innovation boom in the current Korean economic environment. ICT Startup support policies must pay more attention to the product release stage. For growth of startups and small businesses it is important to establish a close value chain to secure competitiveness in the global market. It is necessary to secure a bridgehead to advance into the global market, including technical cooperation with large companies and joint advancement overseas. The final goal of the startup policy should be the continuous growth of the national economy and the expansion of employment. The establishment of fair trade and the strengthening of the startup ecosystem are important to foster a startup-friendly environment. Funding programs requires a shift from general support to enhanced choice and focus.

Trend Review of Solar Energy Forecasting Technique (태양에너지 예보기술 동향분석)

  • Cheon, Jae ho;Lee, Jung-Tae;Kim, Hyun-Goo;Kang, Yong-Heack;Yun, Chang-Yeol;Kim, Chang Ki;Kim, Bo-Young;Kim, Jin-Young;Park, Yu Yeon;Kim, Tae Hyun;Jo, Ha Na
    • Journal of the Korean Solar Energy Society
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    • v.39 no.4
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    • pp.41-54
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    • 2019
  • The proportion of solar photovoltaic power generation has steadily increased in the power trade market. Solar energy forecast is highly important for the stable trade of volatile solar energy in the existing power trade market, and it is necessary to identify accurately any forecast error according to the forecast lead time. This paper analyzes the latest study trend in solar energy forecast overseas and presents a consistent comparative assessment by adopting a single statistical variable (nRMSE) for forecast errors according to lead time and forecast technology.

The Direction of the Korean Real Estate STO Market: Focused on MZ Generation (국내 부동산 STO 시장 발전 방향: MZ 세대를 중심으로)

  • Lee, Sangyeon;Son, Yerim;Yang, Hee-Dong
    • Knowledge Management Research
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    • v.23 no.1
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    • pp.27-46
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    • 2022
  • The current era's focus is on the surge in real estate prices triggered by the global economic downturn. This study advocated STO-based dispersed investment for the MZ generation, who has less capital than earlier generations. Existing real estate investment methods were categorized into online, offline, and hybrid formats and the effectiveness of the suggested STO was given in this study through case analysis domestically and overseas. The entry of STO into the financial industry was positively proved, and the efficacy of blockchain technology was validated, through the investigation of the STO framework. The findings of this study are projected to revitalize the new real estate sector by actively supporting the access of the MZ generation into the current inflexible real estate investment market by the application of blockchain and reflecting MZ generation's investment propensity.

GDP Linked Bonds and Currency Risk Premiums (GDP 연계채권과 환리스크 프리미엄)

  • Sohn, Kyoung-woo
    • Asia-Pacific Journal of Business
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    • v.12 no.3
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    • pp.379-396
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    • 2021
  • Purpose - The purpose of this paper is to study the rational payoff from the standpoint of foreign investors and the government when the government issues GDP-linked bonds to foreign investors. Design/methodology/approach - In this paper, the prices of 12 types of GDP-linked bond structures, which are classified according to the calculation cycle of the rate of change of linked GDP, the currency issued, and whether options are embedded, were evaluated. The Fama-French 3-factor model and the GMM-SDF model are used in the asset pricing model, and domestic and overseas investors used different basis assets. Findings - The KRW premium for US investors is estimated to be 43bp on a quarterly basis and 30bp on an annual basis, respectively, meaning that when the government issues bonds in KRW, the interest rate paid to US investors will be reduced by 30bp to 160bp (annually converted). Using the Fama-French 3 factor model, the KRW premium is the risk premium for the US market beta, meaning that if US investors do not intend to invest in US market beta, it is advantageous to receive an additional interest rate by investing in USD-denominated GDP-linked bonds. Korea's GDP- linked bond give US investors diversified investment utility, so they are willing to incorporate Korean GDP-linked bonds even if -150bp of interest is deducted from the structure issued to Korean investors. And as a result of estimating the value of the option through the GDP-linked bond with options that provides a floor for guaranteeing the principal, the value of the option linked to the annual GDP issued in dollars was the lowest. Research implications or Originality - Issuing dollar-denominated GDP-linked bonds linked to annual GDP with the option of guaranteeing the principal by the government is a way to increase investment opportunities for US investors and achieve financial stability of the government.

Effect of Fashion Product Popularity and Type on Purchase Intention in China's Open Market (중국 오픈마켓 패션상품의 인기도와 유형이 구매의도에 미치는 영향)

  • Wenke Sang;Yang-Suk Ku;Hyun-Hee Park
    • Fashion & Textile Research Journal
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    • v.26 no.2
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    • pp.179-189
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    • 2024
  • This study aims to explore the influence of product popularity signals on purchase intention in China's open market, with a focus on understanding the interaction effect of fashion product types. The popularity signals were measured through sales volume and review volume. For the experiment, a 2 (sales volume: high vs low) × 2 (review volume: high vs low) × 2 (fashion product type: trend vs basic) factorial design was employed. The findings of this study are summarized as follows. First, sales volume and review volume, as signals of the popularity of fashion products, did not appear to have a direct effect on purchase intention. Second, the impact of fashion product popularity on purchase intention was found to be contingent on the type of fashion product. When purchasing trendy fashion products, purchase intention was found to be higher under low popularity conditions compared to high popularity conditions. When purchasing basic fashion products, purchase intention was found to be higher under high popularity conditions compared to low popularity conditions. These findings contribute valuable insights for developing marketing strategies that leverage popularity signals for fashion products in China's open markets. Furthermore, the study improves understanding of online fashion product purchasing behavior among Chinese consumers.

Analysis of Abroad Mid- to Long-Term R&D Themes and Market Information in the Geological Information and Mineral Resources Fields (지질정보 및 광물자원 분야 국외 중장기 연구개발 주제 및 시장정보 분석)

  • Ahn, Eun-Young
    • Economic and Environmental Geology
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    • v.52 no.6
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    • pp.637-645
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    • 2019
  • Due to the transformation to the intelligent information society, the rapid change of our life and environment is expected. The Ministry of Science and ICT (MSIT) and the National Research Council of Science and Technology (NST) introduced a five-year government supported research institution's planning and evaluation based on the mid-to long-term perspective. This study collects international benchmarking information including industry, academia, and research fields by collecting mid- and long-term strategy reports from public research institutes, surveys by experts from abroad universities and research institutes, and analyzing overseas market information reports. The British Geological Survey (BGS), the U.S. Geological Survey (USGS) and the japanese geological survey related institutes (AIST-GSJ) plans for three-dimensional national geological information, predictions of geological environmental disasters, and development of important metals and material in the low carbon economic transformation and in the era of the Fourth Industrial Revolution. The mid- and long-term program emphasizes basic and public research on geological information through abroad experts survey such as the IPGP-CNRS etc. The market analysis of the mining automation and digital map sectors has been able to derive the fields in which the role of public research institutes by the market is expected such as data collection on land and in the air, mobile or three-dimensional information production, smooth/fast/real-time maps, custom map design, mapping support to various platforms, geological environmental risk assessment and disaster management information and maps.

Comparative Analysis of Seawater Desalination Technology in Korea and Overseas (국내 및 해외의 해수담수화 기술 비교분석)

  • Hwang, Moon-Hyun;Kim, In S.
    • Journal of Korean Society of Environmental Engineers
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    • v.38 no.5
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    • pp.255-268
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    • 2016
  • Climate change has increased the need to secure a new water resource in addition to the traditional water resources such as surface water and ground water. The seawater desalination market is growing sharply in accordance with this situation in Korea, "seawater engineering & architecture of high efficiency reverse osmosis (SEAHERO)" program was launched in 2007 to keep pace with world market trend. SEAHERO program was completed in 2014, contributed to turn the domestic technology in evaporative desalination technology to RO desalination technology. Currently, it is investigated that the average specific energy consumption of the whole RO plant is around $3.5kWh/m^3$. The Busan Gi-jang plant has shown $3.7{\sim}4.0kWh/m^3$, including operational electricity for plant and maintenance building. Although not world top level, domestic RO technology is considered to be able to compete in desalination market. Separately, many researchers in the world are developing new technologies for energy savings. Various processes, forward osmosis (FO), membrane distillation (MD) process are expected to compete with RO in the future market. In Korea, FO-RO hybrid process, MD and pressure retarded osmosis (PRO) process are under development through the research program in Ministry of Land, Infrastructure and Transport (MOLIT). The desalination technology level is expected to decrease to $2.5kWh/m^3$.