• Title/Summary/Keyword: Small Firms

Search Result 807, Processing Time 0.023 seconds

A STUDY ON THE TECHNOLOGY LEVEL AND ITS DEVELOPMENT STAGE OF KOREAN CONSTRCUTION INDUSTRY (우리 나라 건설산업의 기술수준 및 기술개발 단계와 건설기술발전 방향)

  • 박병무;이태식
    • Journal of Technology Innovation
    • /
    • v.2 no.1
    • /
    • pp.170-190
    • /
    • 1994
  • The importantce of a development of competitiveness in domestic construction industry is growing as some of domestic construction markets is scheduled to open to foreign competing firms with higher level of construction technology and management. A national level of competitiveness in domestic construction industry and firms are partially, but significantly, affected by a technology level and a characteristics of production pattern. The purpose of the study is mainly to analyze and identify a technology level, production pattern and a development stage of R&D activities of domestic construction industry and firms. Based on these findings the study draws on a concluding remarks and derives technology policy implications. Results of analysis in the study impliy that (1) competitiveness of domestic construction firms(industry) in terms of technology level is relatively weak as compare to that of advanced foreign competing firms, (2) degrees of substitution of capital for labor are seemed to be relatively high, (3) R&D (investment) activities of domestic construction firms are generally spread out in forms of import, adjustment and betterment, and (4) only a small number of big domestic construction firms are seemed to afford to R&D investment for research facilities and equipments, but not enough for higher level of R&D man-power. The study suggests that technology policy for construction industry should be based on a fundamental policy directions. For example the increase in size and heightened quality level of R&D man-power should be placed in a top priority in policy agenda. Sound and specific policy items should be developed for planning and design, and maintenace and inspection technology in order to lead domestic industry to compete with foreign firms with full strength.

  • PDF

An Analysis of Mobile Display Industries (모바일 디스플레이산업 분석)

  • 배상진
    • Journal of Korea Technology Innovation Society
    • /
    • v.5 no.3
    • /
    • pp.396-411
    • /
    • 2002
  • This is an analysis of international mobile displays industry. There has been severe competition in market and technology. In technology, There has been competition between Japan, USA and Korea. On the other hand, there has been competition in the products market between Korea, Japan and Taiwan. Recently Korea has catched-up Japan in mid-size display industry. The response of Japanese firms are as follows: technological collaboration with Taiwanese firms in mid-size and concentration in small and large size displays. New competition, however, has started, since new technologies such as TFT-LCD and OELD have been used in products.

  • PDF

The Efficiency Evaluation of Total Quality Management in the Korean Industry with Data Envelopment Analysis

  • Yoo, Hanjoo
    • International Journal of Quality Innovation
    • /
    • v.2 no.1
    • /
    • pp.1-9
    • /
    • 2001
  • As all the other managerial activities, total quality management (TQM) has also inputs into and outputs from the process. Therefore, the principal managerial efficiency criteria of maximum outputs with minimum inputs should be applied to TQM. In this paper, the methodology for the performance evaluation of TQM by Data Envelopment Analysis (DEA) was proposed. DEA is used to measure the efficiency of TQM for each firm with the input and output data obtained by questionnaire. It is found that there are not significant differences between the firms with and without IS09000 certification and between the large and small-sized firms with respect to the TQM efficiency.

  • PDF

R&D Financing through Cash and Cash Equivalents in Firms under Financial Distress (재정적으로 어려움에 처한 기업의 현금성 자산을 이용한 R&D 자금 조달에 대한 실증 분석)

  • Lee, A-Ram;Cho, Seong-Pyo;Seo, Ran-Ju
    • Journal of Technology Innovation
    • /
    • v.19 no.2
    • /
    • pp.25-51
    • /
    • 2011
  • This study examine the firms fund R&D expenditures through cash and cash equivalents under financial distress in order to avoid huge adjustment costs that can be brought after R&D expenditures cut-down. Other study divided the firms' financial condition by only firms' year. This study identifies the firms' financial condition not only by a firm's year but also by firm size and Altman's Z-Score and K-Score. The results show that there are statistically negative relationship between R&D expenditures and cash and cash equivalents when firms are under financial distress. The results are same regardless of criteria of classification of firms' financial condition, which is consistent to the hypothesis. Young and small firms and firms with moderate possibility of bankruptcy fund R&D expenditures through cash and cash equivalent compared to the other firms. We can find the new evidence when we classify the firm by Z-Score and K-Score of Altman. The firms with high possibility of bankruptcy can not fund for R&D activities from cash, but only the firms with moderate possibility of bankruptcy fund R&D expenditures through cash and cash equivalent in the condition of financial distress. The evidence suggests that firms fund R&D expenditures by cash and cash equivalent when they are under financial distress. Findings provide an implication on the management of R&D expenditures and liquidity in the firms.

  • PDF

The Effect of CEO Characteristics and Knowledge Management on Business Performance - Focusing on Small Manufacturing Business - (소공인 CEO의 개인적 자질과 지식경영 실천이 경영성과에 미치는 영향)

  • Lee, Ru-Ri;Lee, So-Young
    • Journal of Venture Innovation
    • /
    • v.3 no.1
    • /
    • pp.143-163
    • /
    • 2020
  • When we assume the transition to a knowledge management society, what factors should be differentially added to the characteristics of CEOs of small enterprises to enhance management performance? This can be done by measuring the core competence of the CEO who is an importance asset of the small firms. This study focuses on the following four inquiries to clarify the relationship among the core competence of the CEO, the knowledge management and the performance of the firms. First, we test the influence of the core competence of CEO on business performance. Second, we explore the effects of CEO characteristics on the knowledge management and the performance of the firm. Third, we test whether knowledge management has a mediating effect in the relationship between the characteristics of CEO which is a parameter, and the business performance of the firm which is a dependent variable. Fourth, for the sake of a deeper understanding of the CEO of the small firms, we conduct t-test or multiple comparison to find out the statistically significant differences among means of the main variables such as demographic characteristics, work experience, and entrepreneurship. The academic contribution of this study is to verify the characteristics of the CEO, which influence the business performance:the global competence, challenge spirit, interpersonal flexibility and stress tolerance, in connection with the knowledge management of small firms. The practical contribution of this study is to test whether CEOs can demonstrate successful business performance through knowledge management rather than measuring business performance after a certain period of time through profit and loss statements in this era of uncertainty.

A Verification of Structural Validity for Technology/Credit Appraisal Model of Small and Medium Business Firms (중소기업 기술신용평가모델 표준화안의 구조 타당성 검증 및 개선)

  • Cho Keun-Tae;Cho Yong-Gon;Kim Jae-Bum;Yang Dong-Woo
    • Journal of Technology Innovation
    • /
    • v.14 no.1
    • /
    • pp.177-199
    • /
    • 2006
  • Recently, it has become important to establish a technology appraisal system because of increasing a service of technology credit guarantee. Also, there have been many efforts to evaluate a technology in the advanced countries. The technology/credit appraisal model which can measure firms' performance was suggested by Small and Medium Business Administration. In this paper, we analyze a structural validity of the model by confirmatory factor analysis and estimate the model which can distinguish whether an investment is possible or not by discriminant analysis.

  • PDF

A Study on the Relation Between Utilization Types of Internet and Performance At the Small and Medium Firms (중소기업의 인터넷 활용의 유형과 성과간의 관계에 관한 연구(대구지역 중소기업들을 대상으로))

  • 조현숙;김영문
    • The Journal of Information Systems
    • /
    • v.11 no.2
    • /
    • pp.27-46
    • /
    • 2002
  • The main purpose of this paper is to study on the relation between utilization types of internet and performance at the small and medium firms in Korea. To accomplish the purpose of this paper effectively, first of all, theoretical background of the characteristics of chief executive officer are reviewed briefly. Second, research methodology is discussed with the following topics: (1) variables and operational definitions (2) research model and hypotheses (3) data analysis methods Third, research results are discussed with following topics: (1) characteristics of the sample (2) validity and reliability of variables (3) frequencies of the variables (4) resells of hypotheses tests Finally, this paper is summarized and future research areas are suggested briefly.

  • PDF

University library information services for small and medium sixed firms (대학도서관의 산업체정보봉사)

  • 김용근
    • Journal of Korean Library and Information Science Society
    • /
    • v.20
    • /
    • pp.217-239
    • /
    • 1993
  • The purpose of this research is to investigate into possibility of the university library information services for small and medium sized firms. The study is based entirely upon general means of information gathering used by industrial user analyzed by industry su n.0, pporting institutes and university library statistics. The results of the investigation are summarized as follows: 1. Locational convenience is a factor influencing use of libraries, either because libraries are close to work, or because users are used on an o n.0, pportunistic basis. University libraries are located throughout the country. 2. It is investigated that university library services should be more specific in their promotion, clearly stating their strengths and special or unique aspects of their services. 3. When university library does establish fees, good service is implied and must be provided through suitable procedures and staff arrangements.

  • PDF

Developing a Prototype of Green BIM -based Integrated Design Systems for Small Architectural Design Firms

  • Woo, Sae Jin
    • International Journal of Contents
    • /
    • v.12 no.1
    • /
    • pp.6-13
    • /
    • 2016
  • Since the importance of eco-friendly architecture is rapidly increasing, BIM receives significant attention as an alternative that would derive the practical results and apply the design values of eco-friendly design elements to the architectural design process. Therefore, this study establishes an Integrated Design System based on Green BIM by applying the eco-friendly design values logically and systemically. The study also proposes practical case studies to examine the possibility of application. As a result, the framework of Green based Integrated Design System(gbIDS) and a prototype of Web-based gbIDS were developed to improve the working environment of small architectural firms.

An Empirical Study on e-Business Competence and Export Performance of the Small and Medium Sized Firms (중소기업의 e-비즈니스 역량 및 수출성과에 관한 연구)

  • Hwang, Kyung-Yun
    • International Commerce and Information Review
    • /
    • v.12 no.3
    • /
    • pp.311-332
    • /
    • 2010
  • This study investigate the effects of environmental and organizational characteristics on e-business competence and the influence of e-business competence on export performance in the small and medium sized firms. The development of the research model is based on the literature of e-business and the empirical studies of information technology competence. The data from the survey was analyzed using Partial Least Squares(PLS). The results from the empirical model suggest that e-business competence is affected by environmental uncertainty and market diversity as well as top management support and learning orientation. And, export performance is enhanced by e-business competence.

  • PDF