• Title/Summary/Keyword: Small industry

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A Study on Financial Stability Ratios in Small and Medium Size Business (중소기업 재무안정성 비율에 대한 연구)

  • 고재중
    • Journal of the Korea Society of Computer and Information
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    • v.3 no.3
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    • pp.129-137
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    • 1998
  • A position of small and medium size business is increasing in the national economic. On the other hand, there are many difficulties in the small and medium size business. The most difficult problem is the financial supply for the small and medium size business. This study is analzing the financial stability ratios of the small and medium size business in comparision with financial ratios of a large enterprise and industrial average ratio. As the result, the degree of financial stability ratio of small and medium size business is lower than industrial standard ratio. While the degree of financial stability and liquidity ratios of the small and medium size business is higher than industry average ratio. the degree of dependence of borrowing of the small and medium size business is lower. Therefore, it is necessary for nation and administration organization to supply financing for the small and medium size business.

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Convergence Types of Small and Medium Companies Understood Through Convergence Research Development (융합연구개발 성공사례에서 파악한 중소기업 융합유형)

  • Han, Na-Young;Hong, Jae-Bum
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.2
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    • pp.19-24
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    • 2012
  • This study clearly defined the idea of convergence of small and medium companies and convergence types and understood convergence case of small and medium companies for each type in order to help enhancement of competitiveness of small and medium companies. The convergence type of small and medium companies accepted two levels including technology and industry and value improvement and creation suggested by Deloitte(2009) and it was classified into technology improvement-market expansion type, technology improvement-market creation type, technology creation-market expansion type, and technology creation-market creation type based on the companies introduced in the excellent casebook of convergence and integration technology development business of small and medium companies(August 2011). As a result, it was shown as 5 cases of technology improvement-market expansion, 4 cases of technology improvement-market creation, 3 cases of technology creation-market expansion, and 1 case of technology creation-market creation among the total 13 cases. Therefore, small and medium companies are focusing on technology improvement than technology creation and market expansion than market creation. What we can understand through cases analysis on convergence types of small and medium company is that it is very difficult for small and medium companies to create new technology or new market through convergence. Thus, small and medium companies consider market expansion through technology improvement as the objective and result of convergence. It is important to create new technology or new industry to cultivate new growth engines of the nation, but policy support that cares about reality of small and medium companies must be considered at the same time.

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A Study on Improving the Competitiveness of the Small & Medium-sized Company by TQM Survey (한국 중소기업의 품질경영 실태분석에 의한 경쟁력 제고방안 연구)

  • Lee Jae-Kwan;Yoo Hanjoo
    • Journal of Korean Society for Quality Management
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    • v.32 no.3
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    • pp.94-108
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    • 2004
  • TQM has been applied to the industry area regardless of the size of company. BNQA model should be identically applied to large companies and small & medium-sized company. However, there are many evidences that TQM model should be modified according to the size of company. In this study, we analyzed the practice of TQM in Korean small & medium-sized Company. Also, we tried to give some suggestions for improving the competitiveness of the small & medium-sized company. The result of this study is that leadership, work system, education and strategy development should be improved in domestic companies, and work system, education and strategy deployment should be improved in foreign companies.

The Advantages and Disadvantages of Small Firms in Implementing the Principles of TQM (중소기업의 성공적인 TQM 전략에 관한 연구)

  • 김갑식
    • Journal of the Korea Computer Industry Society
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    • v.2 no.12
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    • pp.1549-1556
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    • 2001
  • Although the implementation of TQM principles has been proven to be a great success in many of the leading large corporations, small firms have lagged behind their larger counterparts in adapting to TQM. Because significant differences do exist between large and small companies, understanding the advantages and disadvantages of a small firm is a sine qua non. Intended to help small firms implement the principles of TQM, this paper, based on the principles of TQM, identifies the advantages and disadvantages and discusses the implementation strategies.

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A Study of the Equivalence Problem in $\xi\sum{0}$ Class ($\xi\sum{0}$ 등급에서의 동치문제 연구)

  • Dong-Koo Choi;Sung-Hwan Kim
    • Journal of the Korea Computer Industry Society
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    • v.2 no.10
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    • pp.1301-1308
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    • 2001
  • In this paper, some interesting aspects of Grzegorczyk classes $\xi\sum{n}$, n$\geq$0 & $\sum$= { 1, 2 } of word-theoretic primitive recursive functions are observed including the classes of its corresponding predicates ($\xi\sum{n}$)* In particular, the small classes $\xi\sum{n}$($n\leq2$) are very incomparable to the corresponding small classes $\xi\sum{n}$ where $\xi\sum{n}$ is the number-theoretic Grzegorczyk classes. As one of some interesting aspects of the small classes, we show that the equivalence problem in $\xi\sum{0}$is undecidable.

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The control characteristic evaluation of Desktop machine tool (Desktop 가공기의 제어특성 평가)

  • 박종영;이득우;김정석;정우섭
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2003.06a
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    • pp.137-140
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    • 2003
  • Recently, as the demand of small-sized precision parts is rising in precision industry such as mobile, automobile, optic. etc. the requirement of small-sized machine tool is increasing. Desktop machine tool define small-sized machine tool that is able to install in table. According to diminishing in size, Desktop machine tool is able to economize production cost by reducing work area and consuming electric power. But Desktop machine tool generates vibration in acceleration and deceleration modes by inertia force of moving part. Also vibration is generated when it move simultaneously two axis or three axis. Such generating vibration situation is reason of declining stiffness of machine tool structure because of smallizing in size. And this vibration has a large effect on precision of machining products. Therefore, evaluating of the control characteristic is necessary for minimizing vibration of machine tool as much as possible to accomplish precision machining of small-sized parts

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The Effect of National Aid Programs to Small Business in Global R&D Cooperation Outcome and Global Business Abilities (정부지원이 중소기업 글로벌 R&D 협력 성과와 글로벌 역량에 미치는 영향)

  • Lee, Han-Woong;Baek, Dong-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.177-186
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    • 2014
  • This study aims to observe effects of global R&D cooperation outcomes and global business abilities of small businesses by a national aid program. This study selected a program, Industry Technical Global Cooperation Project launched from Korea Institute for Advancement of Technology (KIAT). Also, small businesses CEOs' roll and efficiency are very important to increase outcomes and improve abilities of their companies. In this study, CEO's global level or ability is regarded of small businesses' global level. Then, this study shows positive effects between a national aid program and global R&D cooperation outcome and between global R&D cooperation outcome and global business abilities.

A Study on the Domestic Fisheries Industry's Managerial Performance Analysis using Data Envelopment Analysis (자료표괄분석을 활용한 국내 수산산업의 경영성과 분석에 관한 연구)

  • Chun, Dongphil
    • The Journal of Fisheries Business Administration
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    • v.48 no.1
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    • pp.1-16
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    • 2017
  • The fisheries industry has led the Korean economy, and has been achieving high-level position in the world. However, this industry meets aging, low growth and profit. In order to overcome this critical situation, it is needed to understand the overall status of industry. In industry level, most of previous researches focused on ocean industry rather than fisheries. In addition, scholars have been getting a lot of attention about fisheries cooperatives, fishing-ports, methods of fishery, and manufacturing process in fisheries sector. The aim of this research is analysis of domestic fisheries industry's managerial performance using data envelopment analysis(DEA) considering operating and scale view. Furthermore, the comparative analysis is performed by firm size, and industry type. In results, fisheries industry's managerial performance is not high, overall. In more detail, most of big size firms are under decreasing returns to scale(DRS) status. Fishery processing industry's performance is low, and fishery distribution industry has the best performance. This paper suggests that transferring operating capability from big firms to small firms, and policy supports and firm's activities should be accompanied for high-value added in fisher, and fishery processing industries.

Policy Directions for Boosting Fusion of PC in the Mechatronics Industry (메카트로닉스산업의 PC 융합 촉진을 위한 기술정책 방향)

  • 이공래
    • Journal of Korea Technology Innovation Society
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    • v.3 no.2
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    • pp.78-93
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    • 2000
  • Since computerized numerical controller(CNC) emerged as a result of the fusion of the electronics technology and the mechanical technology, there has been continuous evolution of CNC technology in the mechatronics industry. The industry is recently developing a new control system based on the fusion of personal computer(PC) and CNC. Upgraded PC has now integrated into CNC, making various machines possible to exchange data, software and hardware, and to greatly improve man-machine interface. The fusion of PC and CNC can form a new paradigm in technological innovation of not only control system but also whole machinery industry in near the future. Korea lagged behind the developed countries in the development of open control system with the fusion of PC. Turbotek, Hyundai Motor and Daewoo are leading companies, but their commercial possibility seems to be low because domestic market is too small to reap a commercial benefit. Nevertheless, the development of the system is an essential step for Korea to embark on a future technological paradigm of the machinery industry. The government needs to play some role for the development, for instance, government R&D projects, institutional building and training of related technicians.

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Innovation Cluster of Indian Software Industry: Is It Evolved or Developed\ulcorner (인도 소프트웨어 산업의 혁신클러스터 형성 과정: 개발인가, 진화인가?)

  • 임덕순
    • Journal of Korea Technology Innovation Society
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    • v.5 no.2
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    • pp.167-188
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    • 2002
  • Summary: This paper analyzes Indian software industry in the perspective of innovation cluster. The research shows that the software industry has been following an upstream clustering process, where the major value activity is expanding from low value product/services to high value product/services. The growth of software industry could be successful because there was appropriate initial condition of Bangalore, such as the availability of high qualified human resources, excellent research institutes, small high-tech companies. The role of government was helpful for the late growth of software industry but not a critical factor for the initial development of the S/W cluster. It is suggested that government should consider the initial condition of a concerned location critically to implement a cluster-type innovation policy.

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