• Asian Journal of Innovation and Policy
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• 제6권1호
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• pp.94-110
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• 2017

This paper approaches knowledge capital as social infrastructure and analyzes its impact on economic growth. To this end, we constructed a panel dataset for 120 countries for the years 2000-2014 and estimated the economic growth function using the panel analysis. As proxies for knowledge capital, we used the R&D expenditure per capita and the number of patent applications per thousand people in each country, both measured in stock. Economic growth was measured in terms of real GDP per capita and real value added per capita at the industry level. The empirical findings demonstrate that knowledge capital accumulated in a society significantly promotes economic growth. Especially R&D stock increases real value added per capita in all industries-not only manufacturing, but also services and agriculture-implying substantial inter-industry spillover effects. The findings of this study suggest that knowledge capital boosts economic growth as core social infrastructure.

• Journal of Korea Trade
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• 제24권2호
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• pp.68-82
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• 2020

Purpose - This study investigates the impact of inland port development in China on the promotion of bilateral trade flows between China and South Korea. Design/methodology - The probable association between the establishment of inland ports and Sino-Korea trade was estimated using gravity models. In this regards, two sets of data were collected. The first dataset consists of the baseline variables of a gravity model, while the second one includes variables of logistics infrastructure development. The indicators of logistics infrastructure development include inland ports, the amount of government expenditure on transport infrastructure, the lengths of roads and railways, the number of trucks and the number of logistics industry workforce. Findings - The results show that inland port development has a positive impact on facilitating bilateral trade between China and South Korea. However, the positive association holds only for Chinese regions with a large trade volume and a proximity to seaports. In other regions, the impact of inland ports is not statistically significant. Originality/value - To the best knowledge of the authors, this study is the first attempt to explore the economic impact of inland ports in China. In addition, the findings in this paper provide both policy and managerial implications for the future development of inland ports, such as the strategic location of inland ports and integrated intermodal operations.

• 융합경영연구
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• 제5권1호
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• pp.27-37
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• 2017

Domestic government debt securities is one of the steps which is taken by the government of Indonesia as a major source of financial budget, covering for the budget deficit, debt payments and interest debt. The purposes of this research are to know the development of budget deficits, government debt and impact of domestic government debt securities against economic growth in Indonesia. Method of analysis used Ordinary Least Squares (OLS) analyzing the impact of the domestic debt against economic growth in Indonesia. This research uses time series data from 1997 to 2014. Total government debt and domestic government debt securities in Indonesia increased during the last five years. The average of domestic government securities was above 50 percent of the total government debt. Estimated results showed domestic government debt securities has a positive and significant effect to economic growth. Official development assistance (ODA) has a negative effect to economic growth. Other variables such as the gross fixed capital formation and receipt of remittance have positive and significant effect, total imports and government expenditure have negative and significant effect against economic growth.

• 무역학회지
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• 제43권2호
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• pp.47-67
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• 2018

본 연구는 13개 선진국과 15개 개발도상국을 대상으로 국가별 거시적 사회·경제 요인들이 해외직접투자의 유입에 미치는 영향을 파악하고, 국가 경제성장의 질적 수준 및 발전단계에 따른 차이를 살펴보았다. 해외직접투자는 국제 생산의 효율성을 최적화 시킬 수 있는 곳으로 이동하는 국제장기자본이라고 볼 수 있다. 따라서 해외직접투자의 유입에는 기업의 내부 결정 요소 외 외부 요건인 국가별 투자 환경도 영향을 줄 것이다. 지난 30년간 국가별 거시적 사회·경제변수를 활용하여 고정효과 패널 회귀분석을 실시한 결과, 선진국과 개발도상국에 유입되는 투자의 동기와 유형이 다르게 나타났다. 선진국의 경우 국내총생산, 소비지출과 재정지출이 가장 큰 영향을 주는 것으로 나타나 시장추구형 수평적 투자의 특성을 보였다. 반면, 개발도상국으로는 노동보상과 인적자본이 가장 큰 영향을 주는 것으로 나타나 효율성추구형 수직적 투자의 특성을 보였다.

• 유통과학연구
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• 제18권9호
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• pp.13-18
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• 2020

Purpose: Research and development of human capital in countries bring sustainable development to the nations. Especially for developing countries, the attraction of foreign direct investment not only brings economic growth to the country but also contributes to improving human capital. This study aims to assess the impact of foreign direct investment on human capital in ASEAN countries. Research design, data and methodology: With data collected from ASEAN countries from 1990 to 2019, panel data analysis is performed with revised model types (the Pooled OLS, Fixed effect model, Random effect model and regression with Driscoll-Kraay standard errors). Result: The results of the regression analysis show that FDI has a positive impact on human capital. At the same time, the study also found that public investment in education also positively affects human capital; the life expectancy factor does not affect human capital. Conclusions: With this research result, the authors also proposed a number of solutions to improve human capital by attracting FDI and improving the efficiency of investment for the education of ASEAN countries. Besides, public expenditure on education also plays an important role in raising human capital. Therefore, investment in education should be promoted further in the future.

• 과학기술학연구
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• 제15권1호
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• pp.181-214
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• 2015

이 논문은 황우석 사태 이후 줄기세포연구의 정책변화에 대한 기술을 통해 한국의 과학기술정치와 거버넌스 특성을 분석하였다. 황우석 사태 이후 한국의 줄기세포연구가 위축되었다는 일반적인 통념에도 불구하고, 2015년 현재 한국은 세계 최초 최대의 줄기세포치료제 개발에 성공하였다. 하지만 한국의 줄기세포연구 역량과 기술경쟁력이 개발성과에 비해 상대적으로 낮게 평가되고 있다는 점을 고려할 때 이 같은 성과가 도출될 수 있었던 원인에 대한 설명이 요구된다. 이를 위해 이 연구는 첫째, 정부의 R&D 투자 변화에 대한 분석을 통해 황우석 사태 전후의 정책 변화를 분석하였다. 이를 통해 황우석 사태 이후 줄기세포연구에 대한 정부 지원의 축소에 따른 '줄기세포연구의 위기'가 실제 하였는가를 확인하였다. 둘째, 정부의 정책보고서 및 뉴스보도 등의 문헌분석을 통해 줄기세포연구에 대한 정책적 담론의 변화과정을 기술함으로써 줄기세포연구를 둘러싼 과학기술정치와 거버넌스의 특성을 분석하였다. 이를 통해 한국의 줄기세포연구의 개발성과 는 기술 경쟁력 보다는 한국 정부의 줄기세포연구에 대한 투자 및 규제 정책이 중요한 역할을 했음을 주장한다. 더 나아가 기술관료중심으로 이루어지는 줄기세포연구에 대한 정책결정과정은 '황우석 사태'를 통한 정책학습 결과를 적극적으로 반영하기보다는 기존의 전문가 중심으로 구성되는 정책과정을 답습함으로써 우리나라가 여전히 과학기술에 대한 민주적 거버넌스가 작동하기 어려운 정책환경에 있음을 주장한다.

• 한국관광식음료학회지:관광식음료경영연구
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• 제8권
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• pp.197-216
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• 1997

In tandem with Korea's globalization efforts, local restaurant business in growing leaps and bounds. By the year 2000, the industry is expected to soar to one of the major industries with hosting many large-scale international events. Rising to the occasion, the Korea Restaurant Industry needs change itscurrent modus operandi focusing on management skill improvement and globalizatin of its network. In Particular, they need to have their competity edge against multinational Restaurant brands both in local and overseas markets. To further develop the local industry, we need to work on the following areas. 1. Top management is required to show firm commitment to development of local brand that can be a real player in the global market. 2. To make any impact in the global market, a specific marketing strategy needs to be developed fit for each market. 3. To save initial investment expenditure, a close cooperation among local industries is prerequisite. 4. To make the industry easier to go global, local government needs to provide them with financial and taxational benefits.

• 기술혁신연구
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• 제7권1호
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• pp.176-186
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• 1999

This paper starts out by reviewing the literature that in different ways utilizes patent data as an output of Research ＆ Development (R&D) investment. The main focus, however, is an analysis of time-lag between industrial R&D input and its output. To achieve this research's purpose, the basic data associated with the industrial R&D input (expenditure, researchers) and output (applied patent and utilities) for the past 15 years, from 1980 to 1994, in the areas of electrical-electronic, mechanical and chemical industries have been collected. And the raw input data were altered into real flow data (but stock data) using Laspeyres approach and analyzed using multiple regression analysis, especially stepwise regression analysis. The result of this study can be summarized as follows: a) The time-lag; between industrial R&D input and its output is within 1 to 3 years. b) The time-lag: of patents was longer than that of utility models. c) The time-lag: in electrical-electronic, chemical industry was longer than that of the mechanical industry.

• Management Science and Financial Engineering
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• 제16권1호
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• pp.1-16
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• 2010

In Nigeria, Igbemo-Ekiti is synonymous with a popular local rice which, nevertheless, is characterized with contaminations. Efforts of Government through the Agricultural Development Project (ADP) to improve rice quality in the state, have failed to yield the desired results. This study, therefore, reports the peculiar factors influencing the processing of rice in Igbemo-a major local producing town in Ekiti State, Nigeria. 72 respondents were interviewed, which was a census of the rice processors in 21 residential quarters of the town. Using the multiple linear regression models for analysis, the study discovered that; (i) status of the processors, (ii) expenditure on processing (iii) training acquired before commencing work, and (iv) storage facilities are crucial factors impacting rice processing activities in the town. The paper canvasses for policy measures based on research findings.

• 약학회지
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• 제59권4호
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• pp.190-200
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• 2015

Evaluation Project on Appropriate Prescribing (EPAP) which is analysing prescribing pattern and providing physicians feedback has begun in 2001. EPAP indicators are related to antibiotics for acute respiratory tract infections, overuse of injection, polypharmacy (no. of drugs prescribed together, no. of prescriptions with 6 or more drugs), prescribing of specific medication group (drugs for acid related disorders, NSAIDs, corticosteroids) and medication expenditure per prescription day. The aim of this study was to suggest a development plan for EPAP indicators suitable for domestic situation. A consensus group consisting of seventeen health care professionals evaluated significance of each therapeutic class for EPAP indicators expansion considering information such as magnitude of issue, prescribing indicators of foreign countries, reimbursement criteria by each therapeutic class. Based on the data and group survey, 5 classes were selected as candidates for prescribing indicators and we presented 24 indicators regarding 5 classes. The results suggested that we need to augment evaluation indicators of additional area.