• Title/Summary/Keyword: Trade Globalization

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FDI Technology Spillover Effect on the Influence of the Innovation Ability (FDI 기술파급효과가 혁신능력에 미치는 영향)

  • Zhang, Guannan;Jung, Yong Woo;Kim, Chul
    • International Area Studies Review
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    • v.15 no.3
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    • pp.451-470
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    • 2011
  • Many countries are committed to absorb foreign direct investments (FDIs). One of the strong motivations is the improvement of innovative capability through the technology spillover of FDI firms. The effect of FDI technology spillover has been widely researched not only on country level, but industry level. With the evolution of globalization and global sourcing of multinational companies, it is necessary to reexamine the relationship between innovation ability of an industry and spillover effect of FDI. This paper investigates the technology spillover effect of FDI on the innovation of Chinese firms. We gathered the data of 34 industries form various sources of Chinese government and the time span is 2001-2008. By using industry level panel data, we set panel data analysis model. In the model, there are two explanatory variables: backward and foreward integration. The analysis result shows that technology spillover of FDI has significant effect on the innovation of foreward integration FDI.

Establishment Strategies and Location Analysis of Convention Center for Regional Development of The Yosu Peninsular Area (여수반도권 지역발전을 위한 컨벤션센터의 입지분석 및 건립전략)

  • Lee, Jeong-Rock
    • Journal of the Korean association of regional geographers
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    • v.2 no.2
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    • pp.133-157
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    • 1996
  • Recently, international convention competition has greatly expanded with the globalization and expand of world economy. As the conventions market has grown, so have the number of places and facilities of convention competing for business, and numerous trade show and the related meetings held the several cities toward world city such as the United States, Europeans Countries, Japan, and Singapore. Convention, in general, are defined as an assembly, often periodical, of members or delegates, as a political, social, professional or religious group. Convention center means the place that hold several social, political, economic conferences and meetings, trade show, exhibitions, and events. Convention center are consisted the several facilities such as meeting room, exhibition hall, event hall. Historically, meetings, conventions, and trade show have been serviced primarily by hotel and convention centers. With the expand of world trade and flow in recent, the conventions, expositions, and meetings industry (CEMI), however, is one of the most rapidly growing industries in hospitality and tourism, and CEMI provides import effect on regional economy and regional development including regional tourism industry. This study focuses on the establishment strategies and location analysis of convention center as a agent for regional development in a case of Yosu Peninsular Area (YPA). YPA is one of the major industrial area of our country, and displays the rapid regional urbanization and social change with the construction such as Kwangyang container port facilities, Yulchon industrial complex, and the extension planning of industrial estate related to Kwangyang Iron and Steel Company, and population size of this area will be reached about two million peoples in 2011. This area, particularly, will be functioned as a major container & export port of our country after the completion of Kwangyang container port facilities in 1988. If the planned industrial estate is constructed, the convention center for conference exhibition, information exchange, and resort facilities for exhibition, international communication will be needed. In addition, resort and leisure facilities for conventions' participants need. This area, therefore, has to make the establishment of convention center for regional development in future. Thus, the major strategies and idea for establishment of convention center as follows: first, this area has requirements for resort convention center, because this area will be functioned as a major export port and industrial district in 21 century; second, in the location analysis of convention center site, Sinwol & Woongchon district, Soho district, and Yongju & Hodu district are selected as developing possible sites; third, the convention center of this area has to consist of two functions such as convention facilities and marine resort facilities; fourth, in order to establish convention center, the selection of main group, financial raising strategies, and the organization of propulsion committee for establishment of convention center are required.

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Environment Change of Marine Transportation and Inter-related Development of Shipping and Shipbuilding Industries in Korea

  • Lee, Jin-Tae;Lim, Chin-Soo;Kim, Tae-Il;Koh, Chang-Doo
    • Journal of Ship and Ocean Technology
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    • v.11 no.2
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    • pp.34-45
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    • 2007
  • Environment of marine transportation market is changing rapidly. Due to globalization of world economy, marine transportation of cargos, especially trade using container boxes, is increasing dramatically. Fierce competition in the global market of container transportation forces the shipping industry to seek the economy of scale to reduce transportation cost, and drives the merge and alliance of liner shipping companies. Mega-sized container ships, having capacity over 10,000 TEU, were introduced, and appeared recently, in order to reduce the unit transportation cost. Korean shipping and shipbuilding companies are competitive, and have considerable market share in the global market. Even though both industries are inter-connected through ships and have many common interests in order to enlarge the global market share, inter-relation between two industries is surprisingly insignificant. In this paper current issues in the process of environmental change of marine cargo transportation are reviewed, and inter-relation of shipping and shipbuilding industries is discussed. Suggestions for inter-related development of Korean shipping and shipbuilding industries are given, and means for mutually beneficial collaboration are suggested.

Comparing Cycle Times of Advanced Quay Cranes in Container Terminals

  • Phan-Thi, Mai-Ha;Ryu, Kwangyeol;Kim, Kap Hwan
    • Industrial Engineering and Management Systems
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    • v.12 no.4
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    • pp.359-367
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    • 2013
  • The amount of international trade is rapidly increasing as a result of globalization. It is well known that as the size of a vessel becomes larger, the transportation cost per container decreases. That is, the economy-of-scale holds even in maritime container transportation. As a result, the sizes of containerships have been steadily increased for reducing transportation costs. In addition, various handling technologies and handling equipment have been introduced to increase the throughput capacities of container terminals. Quay crane (QC) that carries out load/unload operations plays the most important role among various handling equipment in terminals. Two typical examples of advanced QC concepts proposed so far are double trolley QC and supertainer QC. This paper suggests a method of estimating the expected value and the standard deviation of the container handling cycle time of the advanced QCs that involve several handling components which move at the same time. Numerical results obtained by the proposed estimation procedure are compared with those obtained by simulation studies. In order to demonstrate the advantage of advanced QCs, we compared their expected cycle times with those of a conventional QC.

Comparative Study on the Official Compendia of Crude Drugs in Korea, China and Japan (한국·중국·일본 세 나라 생약관련 공정서 비교연구)

  • Kim, Hye-Jin;Park, Woo Sung;Bae, Eun Young;Lim, Dong-Hoon;Kim, Jinwoong;Ahn, Mi-Jeong
    • Korean Journal of Pharmacognosy
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    • v.47 no.4
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    • pp.389-398
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    • 2016
  • Korea, China and Japan have developed individually their own official compendia for crude drugs to tune with the times. Recent globalization has enlarged trade volume among these countries, and so the necessity for new quality standards has increased. This study was accomplished to offer basic data and appropriate suggestions to rebuilding standard principles for quality control of crude drugs in Korean official compendia. For this, seven standard items related to quality control in official compendia of these countries were compared. The items were identification, loss on drying, total ash, acid-insoluble ash, extract content, essential oil content and assay. The official compendia of three countries were the Korean Pharmacopoeia Eleventh Edition, the Korean Herbal Pharmacopoeia 2015, Chinese Pharmacopoeia 2015 and Japanese Pharmacopoeia Seventeenth Edition. Based on this basic research, new principles for each standard of crude drugs were suggested.

Research on 'Japanesque Modern' and Japanese Fashion for Nationalistic Branding I - An Analysis of Design in the 'Japanesque Modern Collection' - (국가브랜딩을 위한 '신일본양식'과 일본 패션 I - '신일본양식 컬렉션'의 디자인 분석을 중심으로 -)

  • Yum, Hae-Jung
    • Journal of Fashion Business
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    • v.13 no.5
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    • pp.135-148
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    • 2009
  • The purpose of this research is to examine changes in Japanese fashion design through analysis of the background and characteristics of 'Japanesque Modern'. With the advent of globalization and pressures to enhance international competitiveness, key players in both Japanese government and industry feel an urgent need to establish a distinctive brand for its products. 'Japanesque Modern' was launched in January 2006 as a nationwide campaign through the support of the Japanese Ministry of International Trade and Industry (MITI). 'Japanesque Modern' strives to be a national movement, enhancing Japan's brand image while promoting continuous industrial innovation. 'Japanesque Modern' unites Japanese culture, design, and aesthetics with advanced technology, bringing traditional concepts to enrich contemporary life styles. In order to exemplify the 'Japanesque Modern' ideal, existing market products and content that reflect the concept were selected for the 'Japanesque Modern Collection' by the Japanesque Modern Council. In making these selections, the Council emphasized criteria based on three Japanese spiritual values: Craftsmanship; Manner; and Hospitality. As a result, three designs concepts have emerged in the 'Japanesque Modern Collection': the 'convergent method'; the 'conversion method'; and the 'emphasis method'. This research will explore these design concepts and their relationship to 'Japanesque Modern'.

An Analysis on the Operation Model of Islamic Insurance (이슬람보험 운영모델 분석)

  • CHOI, Mi-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.69
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    • pp.453-472
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    • 2016
  • As globalization is widely expanded in Islamic world as well as huge capital like oil-money is looking for new investment areas, our government should keep eyes on the current situation of Muslim market. This study will focus on the research of operation model of Islamic insurance. It will analysis on the institutional aspects of Islamic insurance(Takaful) system, which is a step further on the basis of these previous researches about Islamic finance. Takaful is conducted with various machanism such as Wakala, Mudarabah, Waqf. The mechanism can also be intermingled with one another to form other diverse contracts. However most of them are focused on basic conceptual elements of Islamic insurance system. As public interests in Islamic insurance are increasing these days, many Islam related literatures are issued accordingly. But most of them were focused on basic aspect of Islamic financial system or on the study of business management structure. The conceptual approach to evaluate the Islamic insurance market shall become the foundation of operation in conventional business law and regulation penetrate to the Islamic business environment. Therefore, the research of the operation model in Islamic insurance system as well as the search of trade engineering basis.

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How International Logistics Industry Cope with the Challenge of Internet-based e-Commerce (인터넷 전자상거래 시대에 국제물류산업의 대응방안에 관한 연구)

  • 고용기
    • The Journal of Information Technology
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    • v.3 no.2
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    • pp.1-12
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    • 2000
  • This study attempts to represent schemes to cope with the challenge of internet-based e-commerce. There are unexpectable changes in the international Logistics industry. First, Bolero project is introduced to exchange trade documents and data via the internet. It acts as a neutral third party to ensure secure delivery and receipt of information and provides a legal framework. Secondly a number of leading International logistics companies and constituent members have made an effort to establish the portal site to connect the constituent members concerning by the same cyber environment. This study reviews the current status on this trend and points out a number of issues originated from the trend and represents the way of globalization in the international logistics industry.

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Study on International Marketing of Korean Fashion Enterprises (한국 패션기업의 국제마케팅 현황 분석 및 강화 방안)

  • Son, Mi-Young
    • Journal of the Korean Home Economics Association
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    • v.44 no.10
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    • pp.9-20
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    • 2006
  • Due the globalization trends of industry environment, not only fashion companies of the developed countries but also those of NICs and the developing countries are pursuing to globalize their businesses. This study was conducted (i) to identify the characteristics of international marketing mix of Korean fashion companies operating in oversea fashion markets and (ii) to analyze the performance of Korean fashion companies related to international marketing mix. The data were collected from inter-Korean fashion enterprises. A questionnaire was distributed to a person in charge of international division/international trade division who doing business in domestic market and a person in charge of a local subsidiary in oversea market. The methods of analysis used in this study were factor analysis, cluster analysis, and one-way ANOVA. The results of this study are as follows: First, according to factor analysis and cluser analysis, Korean fashion companies were classified in four (4) clusters. The fashion companies in Cluster I put their priority on price. The companies in Cluster II are traditional fashion companies which have relatively low power of product and price. The companies in Cluster III put their priority on product, and the companies in Cluster IV put their priority on local market. Second, according to ANOVA, a growth rate of sales make significant difference among 4 clusters and Clusters II and III were comparatively high in performance.

An Empirical Study on Busan firms' Perception of Usefulness of Arbitration System (중재제도유용성과 부산지역기업들의 인식도에 관한 실증적 연구)

  • Park Bong-Gyu;Shin Koon-Jae
    • Journal of Arbitration Studies
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    • v.15 no.3
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    • pp.27-54
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    • 2005
  • In the era of globalization firms must operate all useable resources into marketing activities to survive on the unlimited competition. However, firms face many kinds of disputes with counterparts because of aggressive marketing activities. There are two ways of solving these disputes : litigation and arbitration. As compared to litigation, arbitration is more popular because of such merits as the enforcement of arbitral award in foreign countries, the single trial system, the settlement by specialists, and the confidential proceedings. This paper examines trade firms' perception on the arbitration system and the effects of the advantages of arbitration and quality of arbitrators on the outcome of arbitration. The results show that the advantages of arbitration and quality of arbitrators influenced positively on the outcome of arbitration, but influenced negatively on the closed-door of arbitration procedures and a fair procedure of arbitrator. Though this paper has several limitations, this paper may contribute to figure out the relationship between arbitration merits and quality of arbitrator and outcomes as a first empirical paper and to suggest future research method and direction.

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