• Title/Summary/Keyword: Technology Trade

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전자무역 통합시스템 u-Trade Hub 2.0의 분석과 설계

  • Yang, Geun-Woo;Choi, Ha-Nul
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.232-237
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    • 2008
  • Korea is one of the most advanced countries in terms of nation-wide readiness for conducting complex trade processes in an electronic way. Since various trade processes are well-known for their complexity and cost as well as time consuming characteristics due to required collaborations with involving parties, automation and efficiency are always the main concern of trade-related practitioners. Using information technology can be a possible solution to this problem and Korea has developed the national e-trade infrastructure called "u-Trade Hub." In this paper, we propose the framework to enhance the national integrated e-trade system called "u-Trade Hub," which is ready to be released for commercial use in near future. We propose the framework to upgrade u-Trade Hub in four directions: (1) opening, (2) strengthening community feature, (3) modularization, (4) seeking profitability. In this paper, we study and compare national e-trade environment of other countries such as Singapore and Japan. Then, we analyze and design the enhanced e-trade infrastructure based on Web 2.0.

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The Impact of Environmental Management Level of Importing Countries on Korean Exports: Focusing on the Technology Level of Industries in Exporting Country (수출대상국 환경관리수준이 한국의 수출에 미치는 영향 연구)

  • Lee, Bum-joon;Hwang, Yun-Seop;Ha, Jeong-Won
    • Korea Trade Review
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    • v.44 no.4
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    • pp.35-49
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    • 2019
  • This study aims to determine whether the export volume of export country is affected by the strengthening of environmental management level of the importing country depending on the relative technology level of the importing country. To this end, a gravity model was established and the relative size of environmental management level was introduced, and how it affects the export was analyzed according to the difference of environmental management level between Korea and the importing country. The analysis of Korean industry by technology level (based on R&D investment) shows that countries with higher environmental management levels increase exports in both high and low technologies compared to Korea. On the other hand, exports of high-tech industries did not affect export growth in countries with lower environmental management than Korea.

SME Profitability of Trade Credit during and after a Financial Crisis: Evidence from Korea

  • KWON, Ohsung;HAN, Seung Hun;LEE, Duk Hee
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.35-47
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    • 2020
  • An economic downturn can occurred through unexpected events in various fields, such as the subprime mortgage crisis and the outbreak of Coronavirus Disease-2019 (COVID-19). Trade credit is important for small- and medium-sized enterprises (SMEs), especially during a monetary contraction, as it is the last option for firms that lack bank credit. This study aims to determine whether trade credit is profitable for the buyer and supplier firms during and after a financial crisis. We use panel data consisting of all trade credit transactions and financial statements of 5,751 Korean firms during the period 2008-2012. It shows that trade credit is more profitable for both buyers and suppliers in the post-crisis period than during the crisis. Moreover, trade payable is more effective for unconstrained buyers than for constrained buyers. Finally, a mixed strategy is superior to an aggressive or passive strategy of SMEs. The results suggest less profitability of trade credit during a period of contraction and greater sensitivity of the buyer SMEs, emphasizing the idiosyncratic liquidity strategy of each firm. This study can be helpful to develop a strategy of profitable trade credit for SMEs and to establish a policy of managing liquidity for the authority.

Research on the impact of Korea-China trade following the reopening of China (중국 리오프닝에 따른 한중 무역의 영향에 대한 연구)

  • Dong Ho Kim;Dong Ye Jiang
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.2
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    • pp.245-255
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    • 2024
  • This study will look at various implications of China's resumption of trade with Korea, such as trade restructuring, changes in trade policies and the impact on corporate competitiveness, and how the two countries resolved trade disputes. We will evaluate the evolution of trade between China and Korea from a historical and economic perspective, analyze how policy changes have shaped corporate strategies, and discuss how these changes have affected both countries' positions in the global economy. Through this study, we aim to provide a deeper understanding of regional economic cooperation and global economic governance and insight into future policy decisions.

A study on the TradeCard System for Payment under Cyber Trading (전자무역시대에 트레이드카드 결제시스템의 경제적 효용성과 문제점)

  • 한상현
    • The Journal of Information Technology
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    • v.4 no.1
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    • pp.55-69
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    • 2001
  • TradeCard is a B2B (business-to-business) e-commerce infrastructure that enables buyers and sellers to conduct and settle international trade transactions securely over the Internet. and objective of TradeCard is to provide a secure, reliable, cost-effective and user-friendly solution for conducting and settling international trade transactions. This paper analyzes the reviews of TradeCard by Electronic Message and the various problems which come to application of TradeCard, with particular attention to existing international frameworks for payment systems based on Documentary Credit.

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Can Auto-ID make Trade Stable between Korea and China?

  • Choi, Jae-Seob
    • The Journal of Information Technology
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    • v.7 no.4
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    • pp.119-127
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    • 2004
  • As increasing trade through the world, especially in food, asymmetry of information can make the trade shrink. With the industrial development, Korea's agriculture had shrunk dramatically. By the result of the nation's industrial restructuring, over than 3/4 of Korea food consumption comes from abroad. And China is an important source of agricultural product to Korea. Increasing family income and increasing importing food consumption, Korean consumers have been interested in food safety. Especially. after experiencing several cases like struggle for safety of GMO food, poultry influenza, lead contained Chinese fish import, mad cow disease, cheating origin, etc. Obviously, those unreliable cases will hinder the increase of world free trade as well as the trust of two countries. Furthermore, distrust will be a cause of adverse selection. So, it need to find a way to solve the distrust which caused by asymmetry of information. And automatic identification procedures can help mitigate asymmetry of information in trade. And it will make Korean consumers can avoid adverse selection. This paper suggests adoption of Auto ID to encourage agricultural trade between Korea and China.

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An Empirical Study on the Technology Innovation Distribution, Technology Imitation Distribution and New International Trade Theory (기술혁신분포, 기술모방분포 그리고 신 국제무역이론에 대한 실증연구)

  • Cho, Sang Sup;Min, Kyung Se;Cho, Byung Sun;Hwang, Ho Young
    • Journal of Korea Technology Innovation Society
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    • v.21 no.2
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    • pp.860-874
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    • 2018
  • This study aims at empirical analysis of the new international trade theory (Melitz, 2012, 2014, 2015). The new international trade theory is centered on the effect of heterogeneous firms on the technological competitiveness on the trade effect and resulted from the important assumption that the form of the enterprise technology distribution determines the trade effect. This study empirically estimated the distribution of enterprise technology in Korean manufacturing. For the purpose of this study, we divided Korea's total enterprise technology distribution into technological innovation and technical imitation distribution, then statistically verified the distribution type and evaluated the appropriateness of the new international trade theory. Based on the empirical results of this study, we briefly suggested the direction of technology policy.

The Automobile Distribution Industry's Trade Structure Analysis and Comparison between Japan and USA

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.12 no.7
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    • pp.37-44
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    • 2014
  • Purpose - This study reviews changes in the automobile export-import structure between Japan and USA through a trade related index, and focuses on analyzing comparative advantage based on time-series analysis of statistical data (2000, 2005, and 2012) by using the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Research design, data, and methodology - Japan and USA have mutually complementary economic phase characteristics. Therefore, this study aimed to understand each country's trade structure, to strengthen Japan-USA economic cooperation and aimed to examine trade drawbacks to analyze causes affecting trade and ways to improve it to facilitate its expansion. Results - These two economies have immense complementary potential and, further, significantly greater profits are assured from trade between them, as compared to any other integrated regional economic community. Conclusion - Economic cooperation between these two powers can provide opportunities for industry technology cooperation through partnerships against the backdrop of accelerating competition among industries, by identifying opportunities to secure stable resource suppliers and enlarge the export market.

Solid Wood Packaging Materials for International Trade

  • Han, Jong-Koo
    • KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
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    • v.17 no.2
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    • pp.29-31
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    • 2011
  • Hazards associated with use of wood packaging in international trade were addressed with regulations enforced. Measures to avoid spreading of pest in the trade were discussed in terms of current status and future availability.

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A study on the benefits of identrus operation for trust improvement to international trade payment (전자무역결제의 신뢰성제고를 위한 Identrus 활용방안)

  • Cho, Won-Gil
    • The Journal of Information Technology
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    • v.7 no.2
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    • pp.29-42
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    • 2004
  • The growth in EC will continue, irrespective of the medium or the type of environments established by organizations. Global electronic trade has been increasingly spreading all over the world due to the rapid development of internet and IT. For expanding the use of electronic trade, electronic payment based on electronic trade payment system is essential. The importance of trust is based on the potential use of the technology to increase information sharing. Last, it is necessary that the payment and performance guarantee function are added to unified global authentication system. As for now, Indentrus system is the most appropriate model for it. Thus, the purpose of this study is to present on the international trade trust for improvement to Electronic Commerce.

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