• Title/Summary/Keyword: Small Medium Enterprises

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Research on Human Resource Management in Asia Pacific Journal of Small Business: A Comprehensive Review and Future Research Directions (「중소기업연구」 40년 인적자원관리 연구 동향과 향후 방향성)

  • Park Ji-Sung
    • Korean small business review
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    • v.42 no.3
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    • pp.27-42
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    • 2020
  • The purposes of this study are to summarize the past studies on human resource management (HRM) published in Asia Pacific Journal of Small Business and to propose the future research directions. This study selected 33 HRM papers (3.1 % of all published papers) and classified them depending three yardsticks. First, this study investigated the frequency and the trend of each year and, as a result, it demonstrated the variations in published papers depending on the publication year. Next, on the basis of the research theme, this study divided 33 papers into two parts; a general HRM vs. a specific HRM practice. The result showed that most studies focused on the specific HRM practice. Lastly, with regard to methodology, this study classified them into a conceptual paper, a case-study, and empirical research, and the result showed that most studies are empirical-based papers. Based on the trends, this study proposed three issues in terms of the number of research, research theme, and methodology, and suggested future research directions for HRM in small-medium enterprises.

Components and Interactions of Venture Ecosystems: A Focus on Korean Case Studies

  • Lim, Chae-Yoon;Kim, Yun-Young
    • STI Policy Review
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    • v.1 no.4
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    • pp.21-28
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    • 2010
  • This study analyzes the establishment of venture companies and the interaction of venture ecosystem components (the core factors of venture ecosystems) with a focus on venture companies, venture capital, and the return market. Government support policies are understood as a catalyst for the venture ecosystem and this study will analyze the implications of government involvement by identifying the role of government policies in the venture ecosystem. According to the results of the empirical analysis with data on confirmed venture businesses by the Small and Medium Business Administration (SMBA), policies that provide direct support to venture companies did not have a significant influence on the establishment of new ventures. However, new investments by venture capital show a statistically significant positive effect and signify that the new investment is an important factor in vitalizing the establishment of new venture businesses and that the economic conditions of the return market have a positive effect. The establishment of venture businesses responds to the changes in real and vertical markets with greater resilience compared to government policies. Given the unique nature of the Korean venture ecosystem that responds to the market with greater resilience than government policies, there must be increased efforts to recover the confidence of the capital markets for venture capital in order to promote improved efficiency.

Implementation Strategy and Effect Analysis of MES for a Small and Medium PCB Production Company based on BPR Methodology (BPR 방법론에 기반한 중소 PCB 제조업체의 MES 구축 전략과 효과분석)

  • Kim, Gun-Yeon;Jin, Yoo-Eui;Noh, Sang-Do;Choi, Sang-Su;Jo, Yong-Ju;Choi, Seog-Ou
    • IE interfaces
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    • v.24 no.3
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    • pp.231-240
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    • 2011
  • Manufacturing enterprises have been doing their best endeavors to obtain competitiveness using various methodologies, such as information technology. In order to achieve competitiveness, they are adopting manufacturing execution system (MES). MES is a total management system that manages from the beginning of the production by product order until the quality inspection of the finished product. And MES is an inter-mediator for supplementation of information gap between ERP and inspection machine and equipment. This paper describes on establishment of effective strategy based on BPR methodology and implementation of MES small and medium PCB manufacturing company with multiple-types of products and mixed process flows. And then we proposed evaluation model based on balanced score card (BSC) for considering non-finance elements as well as finance elements. With evaluation model, we analyzed benefits and effects of MES.

The effect of R&D investment on Market value of Firms : The role of technology innovation system (R&D 투자가 기업시장가치에 미치는 R&D 영향 : 기술혁신시스템의 조절효과를 중심으로)

  • Song, Se-Chan
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2008.10a
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    • pp.152-156
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    • 2008
  • This study examines the relationships between R&D investment and Market value of Firms using data of small and medium enterprises (SMEs) in the manufacturing sector of Korea. In particular, this paper investigates the role of technology innovation system in the impact of R&D investment on firm's Market value of Firms. Findings from the previous studies on the relationship between R&D investment and Market value of Firms are positive relationship. Main of the previous studies demonstrated a positive impact of R&D investment on Market value of Firms. On the other hand, some recent studies showed this is not the case. Those studies persisted that the technological innovation system for managing and efficiently utilizing R&D investment and capability has to be built in order for R&D investment to give rise to increases in Market value of Firms. According to the Oslo manual by OECD, it is assumed that a technology innovation system can becharacterized as three factors :capability for technological innovation, capability for technology commercialization, capability for technological innovation management. This study divides sample firms into two groups using the "Inno-Biz" certificate system of the Korean Small and Medium Business Administration (SMBA): Inno-Biz firms Vs. Not Inno-Biz firms. The system selects innovative SMEs denoted as "Inno-Biz" using the above factors as criteria. The results revealed that the technology innovation system has the moderating effect to R&D investment on Market value of Firms.

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U-IT Technical evaluation and Product sorting management Processing (U-IT 기술 평가 및 제품 선별 관리 프로세싱)

  • Kim, Hye-Sun;Yang, Hae-Sul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.4
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    • pp.1086-1094
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    • 2008
  • Today's small and medium-sized enterprises in technology development for future industrial growth engine. In addition evaluation of the technological competitiveness of companies and countries for R&D investment as a significant item evaluated constantly expanding, he said. However, R&D productivity to properly measure and assess the companies rarely. This paper examines the existing technology, technology assessment, the study's limitations, the small and medium-sized companies to complement the U-IT TE and PSMP Model suggested by the design environment, and technology-related companies in the technology, the ability to comprehensively assess and as a tool to leverage, technical analysis and quantitative evaluation and production from the completion of the Process Model, presented want to formalize.

A study on economical introduction of RFID system in the small and medium 3rd Party Logistics (3자 물류 중소기업에 경제적인 RFID 시스템 도입을 위한 연구)

  • Kim, Ki-Hong;Shin, Seung-Jun;Choi, See-Yeong;Yeo, Jun-Ho;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.10 no.3
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    • pp.117-126
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    • 2008
  • RFID system the key technology of ubiquitous era, has been emphasized in logistics. Logistic enterprises are required to apply RFID systems considering their investment costs, actual effectiveness, operational satisfaction and so on. For such a purpose, many applicable methods of RFID system have been developed A method that RFID tags are directly attached to products or pallets is utilized in most cases. However, this method requires expensive investment cost, frequent replacement of damaged tags for the small and medium (SM) third party logistics. In this paper, we analyze statistically the current status and requirements of SM third party logistics. Based on their requirements, we propose the realtime warehousing-delivery management by the method to attach a RFID tag to each warehouse rack, together with the economy analysis index in order to evaluate economical efficiency. Consequently, this method is expected to reduce Investment cost and to improve operational effectiveness and satisfaction.

The Effects of Innovation Activity to Business Performance in Small and Medium Enterprises (중소기업의 혁신활동이 경영성과에 미치는 영향)

  • Koo, Il Seob
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.4
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    • pp.1-8
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    • 2012
  • The purpose of research is to reveal the basic factors which innovation behaviors is motivated in the small-and-medium sized company for strengthening the competitiveness. This study empirically investigates and I was able to obtain participations of 114 questionnaire, and derived statistics by means of SPSS/PC version 18.0. In this study I found that strategic approach of organization and educational supports are significant to effective shop-floor process control. Also, results of process control are significant to customer satisfaction and business performance.

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Innovation Culture and Process in Mediating Human Capital Supply Chain on Firm Performance

  • MUAFI, Muafi;SISWANTI, Yuni;DIHARTO, Awan Kostrad;SALSABIL, Imanirrahma
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.593-602
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    • 2020
  • The purpose of this study is to examine and analyze the effect of human capital supply chain on the firm performance mediated by innovation culture and innovation process on small- and medium-sized construction enterprises (SMEs) in Indonesia. A survey has been distributed to all construction SMEs that have direct involvement in construction work (contractors and subcontractors). The construction SMEs including medium- and small-scale construction services in three Provinces, namely, the special region of Yogyakarta, East Java, and Central Java. Through purposive sampling technique, primary data is collected by giving a questionnaire to the owner/manager of construction SMEs. The target sample in this study was 200 respondents who have been operating for a minimum of two years. 154 valid questionnaires could be processed. Data analysis uses structural equation modeling with AMOS 24. The results of the study conclude that there is a positive effect on human capital supply chain on firm performance mediated by innovation culture and innovation process, while innovation culture does not affect firm performance. In sum, the innovation culture mediates the relationship between human capital supply chain and firm performance, and the innovation process mediates the relationship between human capital supply chain and firm performance.

Industrial Market Analysis System for Supporting Technology Commercialization of SMEs

  • Kim, Ji Hui;Jung, Ye Lim;Yoo, Hyoung Sun
    • International Journal of Contents
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    • v.16 no.3
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    • pp.33-44
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    • 2020
  • Small and medium enterprises need a wide range of information regarding technologies, industries, market conditions, other companies, and products to facilitate identification of new growth opportunities and to respond quickly to changes in the business environment. Collecting such information, however, requires the input of resources (human resources, cost, and time), and the lack of marketability resulting from the shortage of such resources is often cited as the reason small and medium often fail in their effort to commercialize their technology. The purpose of this study was to analyze the environmental factors such as market concentration and the current level of competition to enable companies to make the necessary decisions when considering market entry following R&D planning and technology commercialization, or after the development of a new product. Also, an expert-based 5FORCE analysis can be performed using the KMAPS, an industry and market intelligence system: this facilitates automatic production of analyses based on the corporate finance and transaction data. The key contribution of the study is that it facilitates conveniently and quickly analyzing the 5 Forces, which had been a difficult task in the environmental analysis, and that the outcomes of this study empower companies in the decision-making process.

Performance Evaluation Index of TRM: A Korean Case for SMEs

  • Park, SunYoung;Son, JongKu;Seo, JuHwan;Seo, Jinny
    • Asian Journal of Innovation and Policy
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    • v.2 no.1
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    • pp.63-96
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    • 2013
  • There is the need for performance evaluation and the identification of key success factors for utilizing technology roadmaps (TRM), but relevant research does not yet exists in this field. In Korea, the Small and Medium Business Administration has implemented the "Support Program for the Individual Company Technology Roadmaps" to promote the establishment of technology development strategies by SMEs. This study developed the framework and indices for performance analysis, designed and implemented survey for TRM performance analysis, and analyzed TRM performance of the companies that have participated in the above program from 2008 to 2011. This study compared the supported 97 companies and 102 companies not supported and analyzed quantitative and qualitative performance and satisfaction levels among the supported companies to compare low-performance companies and high-performance companies. This study aims to examine the KSF of TRM in terms of input and process. Also we suggested significant insights into the performance of TRM in terms of output.