• Title/Summary/Keyword: Related Diversification

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Cluster or Diversify? A Dilemma for Sustainable Local Techno-Economic Development

  • Phillips, Fred;Oh, Deog-Seong;Lee, Eung-Hyun
    • World Technopolis Review
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    • v.5 no.2
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    • pp.98-107
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    • 2016
  • By highlighting the efficiencies gained from regional specialization, the cluster concept has distracted economic development officials from their traditional role of diversifying regional and local economies. Clustering was a viable strategy for much of the 18 years following its original appearance in the literature. Now, two events cast doubt on the continued viability of cluster-based specialization. First, the digital convergence has blurred the boundaries that once separated one industry from another. An industry cluster strategy becomes difficult when the industry cannot be defined. Second, many cluster initiatives fail. Combining literature search with the system-theoretic notions of efficiency and redundancy, we find many factors moderate cluster success. This implies regions facing uncertain success in their cluster-building efforts should thoroughly understand their unique circumstances and build upon them. Regions with successful clusters are advised to aim for multiple related clusters or superclusters.

A Study on Estimation and Management of Loss Due to Catastrophic Accident (화학공장의 중대사고에 따른 예상손실액 산정 및 대책연구)

  • 구남주;엄성인;고재욱
    • Journal of the Korean Society of Safety
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    • v.14 no.4
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    • pp.120-125
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    • 1999
  • This study evaluated the effect of the accidents caused by fire, explosion, and toxic gas release by using SuperChems, quantitative hazardous material release modeling software, which estimates the potential area of damage. According to the loss severity, the appropriate risk management principles can be applied. Risk management is divided into the two methods which are risk control and risk financing. Risk control includes risk avoidance, risk spreading and diversification, and risk reduction. Risk financing includes risk retention and risk transfer. The results of this study can help the related company determine the appropriate reserve fund and the amount to be insured against the third party losses according to the estimated loss severity.

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Management Strategies of Libraries in Ubiquitous Era (유비쿼터스 시대의 도서관 경영전략)

  • Choi, Sang-Ki
    • Journal of Korean Library and Information Science Society
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    • v.38 no.2
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    • pp.431-458
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    • 2007
  • The purpose of this study is to propose the management strategies of libraries through exploring the library environment in ubiquitous era. After the internal and external environment of Korean libraries was investigated by papers related with this study, the comprehensive management strategies of libraries were prepared. Five management strategies for library development in ubiquitous era were proposed. They were the strategies of library hybridization, collecting contents, user service diversification, changing library organization and preparing culture of learning organization, and collecting library fund.

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A Study on Relation between Corporate Governance and Business Performance using Social Network Analysis (사회연결망 분석기법을 활용한 기업지배구조와 기업성과 연구)

  • Park, Byung-Sun;Kwahk, Kee-Young;Kim, Sun-Woong;Choi, Heung-Sik
    • Korean Management Science Review
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    • v.29 no.2
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    • pp.167-184
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    • 2012
  • Business diversification is inevitable to survive under the current competitive business environments. The advent of new businesses makes corporate governance more complicated through corporate combinations. Recent introduction of new accounting standard, International Financial Reporting Standards(IFRS), accelerates the need for corporate governance analysis. This study analyses the complex corporate governance system and its relation to the business performance using social network analysis. Corporate inter-governance networks can be visualized easily in a social network diagram. 552 corporate governance data are empirically analysed in the Korean stock market. The changes in In-Degree between networks are positively related with the changes in corporate sales volume. We can find the same results using operating profits as corporate performance proxy. The results show that social network analysis technique can be applied to investments in the stock markets.

Policy to Support the Global Market Entry of the Environmental Industry and Its Future Direction (환경산업 해외시장 진출지원 정책과 향후 지원 방향)

  • Kim, Hong-Seok
    • Journal of Korean Society for Atmospheric Environment
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    • v.29 no.1
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    • pp.105-115
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    • 2013
  • The Korean government amended the Environmental Technology and Industry Support Act to foster the environment industry and support the advancement of domestic environmental companies into overseas markets. The amended act reflects changes in the government's policies on environment related issues. This paper uses outcomes of research conducted on environmental policies in foreign countries and the current status of the domestic environment industry to present long-term strategic plans and measures to support the expansion of environmental companies into the global markets and to vitalize the environment industry at home. The suggestions for assisting domestic companies in making inroads into overseas markets are as follows: building up and expanding cooperative network; fostering promising companies and exports by making the right choices and focuses; diversification of export markets and strengthening supports for development of new customers; promoting supports for winning overseas projects; and developing cooperative projects to respond to climate change in developing countries using the Global Climate Fund (GCF).

Comparative Analysis of Competitiveness in the Steel Distribution Industry between Korea and Japan

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.12 no.3
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    • pp.25-32
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    • 2014
  • Purpose - This study reviews changes in the steel export-import structure between Korea and Japan using a trade related index; it focuses on analyzing comparative advantage based on time-series analysis statistics data using the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Research design, data, and methodology - In terms of their economic phase, Korea and Japan have a mutually complementary character. Therefore, this study aims to understand each country's trade structure to strengthen Korea-Japan economic cooperation, examine trade drawbacks, analyze factors that affect trade, and identify ways to improve and expand trade. Results - The results indicate immense potential for mutual cooperation and complementariness, which will yield guaranteed adequate profits comparable to those of any regional economic integrated community. Conclusion - From our viewpoint, Northeast economic cooperation can facilitate industry technological cooperation with Japanese partners in the prevailing environment that is characterized by increasing competition among industries and the need to secure stable resource supplies as well as the expansion of the export market and diversification, which can have significant positive implications.

An Analysis of Pattern-Related Works of Designer's Brand in Korea - for Draping - (국내 디자이너브랜드 업체의 패턴업무 실태 분석 - 입체재단을 중심으로 -)

  • 신장희;나수임
    • The Research Journal of the Costume Culture
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    • v.11 no.2
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    • pp.208-218
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    • 2003
  • The purpose of the study is to identify the designers' and the patterner's pattern making, draping and the use of dress form in domestic companies of designer's brand to present basic information for effective pattern works. It turned out that the designer brand companies at home use flat pattern and draping at the same time rather than draping only The effects of the use of draping lies in unique designs and elastic materials, which seems proper phenomena for the current design trend such as high duality and diversification. But, draping has such problems that the pattern takes long time to be finished and that the staffs don't acquire well the needed skills due to the lack of draping education. To secure the high added value of fashion, it is required to develop education programs for new skills and to apply draping actively. Also, it requires an educational system in which practice oriented skills are cultivated, and efficient investment into apparel business.

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A Study on Chintz Pattern Design (친츠 패턴 디자인에 관한 연구)

  • 김칠순;정희승
    • The Research Journal of the Costume Culture
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    • v.11 no.4
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    • pp.513-524
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    • 2003
  • The purpose of this study was to trace the development of Chintz pattern design through fashion history, and to focus on its application in modern times with special emphasis on filtered Chintz patterns. Chintz patterns use such motives as tree, animal, bird, and geometrical shapes, etc.. It reached the peak of its popularity with William Morris. His influence continued from the end of the 19th century through to the 20th century. Modern Chintz designs have been modified and diversified in different cultures through time, and such diversification & changes can be easily found in modern fashion. From previous studies and other related sources, we found that Chintz patterns were revived in modern fashion trends with some modification. We also discovered the importance of chintz pattern designs in ethnic and retro trends. Thus in conclusion, this study revealed the significance, flexibility, and lasting popularity of Chintz pattern designs in fashion history.

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Biomass Combustion Performance and Ash Characteristics (바이오매스의 연소 성능과 회재 특성)

  • Moon, Jihong;Kim, Kwangsoo;Jeong, Jaeyong;Park, Minsun;Park, Uenhyae;Yoon, Jeongjun;Hwang, Jungho;Lee, Uendo
    • 한국연소학회:학술대회논문집
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    • 2012.04a
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    • pp.227-229
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    • 2012
  • Diversification of combustion fuel is the demands of the times and biomass is the most attractive option since it can contribute to the prevention of global warming at the same time. Due to the national renewable obligation, generally called Renewable Portfolio Standard (RPS), many power companies are considering direct combustion of biomass or co-firing with coal. In order to use biomass as a fuel, informations of its combustion characteristics and ash related problems should be investigated. In this study, combustion performance of biomass was assessed in a bubbling fluidized bed combustor, and ash characteristics of various biomass fuels were studied with standard test method.

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Plan for Efficient Usage of Abandoned Railway Yards (철도 폐선부지의 효율적 활용방안)

  • Chung, Sung-Bong;Park, Min-Kyu;NamKung, BaekKyu;Lee, Su-Ho
    • Journal of the Korea Safety Management & Science
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    • v.15 no.2
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    • pp.205-215
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    • 2013
  • As far as recent investment in railway, disused railway yards is increased in each line and region. As a result, the interest of the related local government and agencies has increased on utilizing disused railway yards. In this study, we investigated the status of the disused railway yards and conducted legal review on the use of disused railway yards. In addition, we analyzed the disused railway yards use practices through case analysis and also suggested plans to diversify the ways of their usage.