• Title/Summary/Keyword: Transaction structure

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Antecedents and Consequences of Manufacturer's Degree of Channel Concentration (제조업자의 경로집중도 선행요인과 결과요인)

  • Pyun, Hae-Soo;Lim, Chae-Un
    • Journal of Distribution Research
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    • v.11 no.1
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    • pp.69-97
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    • 2006
  • This research aimed to establish and test a empirical model for antecedents and consequences of manufacturer's degree of channel concentration in multiple channels from strategic perspective. For this purpose, I suggested new concept of channel concentration based on related literature review and developed the measurement index of channel concentration. Second, I examined and applied the transaction cost theory and market power theory to provide broad understanding of multiple channel structure and to explain it. Finally, I present the theoretical and managerial implications to the firms that build up channel strategy under multiple channel contexts on this research results. For the purpose of these goals, eight hypotheses were drawn from the previous researches. To verify these hypotheses, 248 data were collected as samples, and the data were tested by reliability test, factor analysis, and covariance structure analysis. Empirical findings strongly support that strategic management of distribution channel especially are important in multiple channels. The overall implications to researchers and practitioners are presented, and limits and further study direction were discussed as a final.

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A Legal Study on the Standard for Conformity of the Goods in the International Sale of Goods (국제물품매매계약상(國際物品賣買契約上) 물품일치성(物品一致性)의 기준(基準)에 관한 법리적(法理的) 고찰(考察))

  • Song, Myeong-Bok
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.12
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    • pp.133-162
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    • 1999
  • The international sale transaction is in essence a sale of goods and presents all those commercial and legal problems in any sale of goods. As a result, A International sales contract imposes several duties on the parties : the seller must deliver the goods and transfer ownership in them, while the buyer must pay the price and take delivery of the goods. However, there are several problems which impede a active transaction between seller and buyer who have their places of business in other countries each other. Therefore, It is necessary to provide the concept on the conformity of goods in the Int'l Sale of Goods. Especially, In our consideration for the point of time when defects occurs, the existence of non-conformity of goods should be judged on the basis of time of delivery rather than time of contract. Moreover, The burden of proof about nonconformity of goods is another fact which make an international dispute between the contractual parties in an international trade. Thus, The consistency in the interpretation of law must be maintained betweened the warranty and seller's liability. In the Uniform Commercial Code and UN Convention, non-conformity of contract is made of contract liability. And in our civil and commercial law provisions of warranty should be understand as the special ones of the provisions of general non-performance of obligation liability. As a result, More concrete study of them is required because they may have a great influence especially on international trade. As a result, We should be our best in finding a helpful and systematic structure that the dualistic structure of nonperformance of obligation liability and warranty liability must be unified by studying the theories of English and American warranty and our legal system, as well as international practice and usage being used in an international trade.

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A Study on the impact of Technological Alliance Motivation on the Partner Selection Criteria, Governance Structure and Performance of Korean High-Tech Firms' Technological Alliances: A Focus on the Integration of TCE and RBV (기술제휴의 동기가 하이테크(High-Tech) 기업의 기술제휴 파트너 선정기준, 거버넌스 및 성과에 미치는 영향에 관한 연구: 거래비용이론과 자원준거이론의 통합적 관점을 중심으로)

  • Kim, Hwan-Jin;Kim, Byung-Keun
    • Journal of Technology Innovation
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    • v.21 no.2
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    • pp.225-254
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    • 2013
  • This paper examines an explanatory power of primary alliance motivation theories, such as 'Transaction-Cost Economics (TCE)' and 'Resource-Based View (RBV)', on the technological alliance partner selection criteria, governance and performance. Adopting perspectives of integration provided by TCE and RBV, this work examines the impact of both theories on the alliance processes such as alliance partner selection, governance and performance. Empirical findings show that both TCE and RBV are effective in explaining the choice of technological alliance partners. In addition, TCE appears to be more effective in providing explanation of technological alliance governance structure. Also, both TCE and RBV are effective in evaluating the technological alliance performance phase, though RBV appears to be slightly more effective.

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Proposal of A Transaction Structure to Improve Compatibility of Blockchain regarding Post-Quantum Digital Signatures (블록체인의 양자 내성 전자서명 호환성을 증대하기 위한 트랜잭션 구조 제안)

  • Kim, Mee Yeon;Lee, Jun Yeong;Yoon, Kisoon;Youm, Heung Youl
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.30 no.1
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    • pp.87-100
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    • 2020
  • Researches on Post-quantum blockchain, which is a synthesis of blockchain and post-quantum cryptography[1], are relatively unrevealed areas but have needs to be studied with the regard to the quantum computers. However there could be several fundamental problems, e.g. unsustainably large size of public key and signature, or too lengthy time for sign and verification, if any post-quantum cryptography is adopted to the existing blockchain to implement post-quantum blockchain. Thus, a new method was proposed in this paper that produces fixed length of references for massive signatures and corresponding public keys to enable relatively lightweight transactions. This paper proposed the mechanism that included a new transaction structure and protocols, and demonstrated a post-quantum blockchain that the proposed mechanism was adopted. Through this research, it could enhance compatibility of blockchain regarding post-quantum digital signature, possibly reducing weights of the whole blockchain.

Design and Implementation of Peer-to-Peer Electronic Commerce Systems based on the File Sharing Method between Users (이용자간 파일공유방식에 기반한 P2P 전자상거래 시스템 설계 및 구현)

  • Kim Chang-Su;Seo Young-Suk
    • The Journal of Information Systems
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    • v.15 no.1
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    • pp.1-20
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    • 2006
  • Peer-to-peer systems (P2P) are rapidly growing in importance on the Internet environment, quickly extending the range of their usage. However, peer-to-peer systems have not been widely applied in electronic commerce because they have not been established as an appropriate business model. Therefore, we firstly review the previous research relevant to peer-to-peer systems, and then analyze the business models for P2P systems presented by previous researchers. Furthermore, this study categorizes major issues in terms of the technical and business model aspects. On the basis of these reviews, we develop P2P electronic commerce systems based on the file sharing method between users, focusing on user interface friendliness. A developed P2P electronic commerce systems are programmed by using the C# based on the Microsoft.net solution. A database is implemented using the MSSQL2000. A main application technology is designed that P2P electronic commerce systems make it possible. for user to extend into BtoB Solution by using WSDL (Web Services Description Language), UDDI (Universal Description, Discovery, and Integration) and the XML that is a document for users. User interface is made as form of Internet messenger for a user's convenience and is possible to develop into a commodity transaction system based on XML. In this study, it is possible for the P2P electronic commerce system to have extended application to fields such as Internet shopping mall and property transaction in a nonprofit organization, a public institution and a large scale nonprofit institution that have a similar structure as compared with a structure of a nonprofit educational institution.

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Design and Implementation of EDI Document Exchange system based on XML (XML에 기반한 EDI 문서교환 시스템 설계 및 구현)

  • Im, Young-Tae;Han, Woo-Yong;Jung, Hoe-Kyung
    • The Transactions of the Korea Information Processing Society
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    • v.7 no.11S
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    • pp.3603-3612
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    • 2000
  • This paper presents is for the design and implementation of EDI document exchange system based on XML To create a customized document of the users' choice, it designed and created the transaction processor and the template manager, and to make it accessable with the original EDI, a converter function is included, Also, on this system, this protocol stores EDI message structure that needed to exchange as XML format and controls it as DOM API for user can use previous system, And provides interface for user can create template files with converter and transfer necessary elements that can be chosen by user. For this purpose, This system proposes a shows structure information and document converting mechanism solution of EDI documents based on by using XML which does not show proper document conversion mechanism solution in other system so far.

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Design of SPOKE Type BLDC Motor for Traction Application Considering Irreversible Demagnetization of Permanent Magnet

  • Hur Jin;Kang Gyu-Hong
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.5B no.2
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    • pp.129-136
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    • 2005
  • This paper presents a design strategy of SPOKE type BLDC motors considering an irreversible demagnetization of a permanent magnet (PM). So the irreversible demagnetization characteristic of the motor is analyzed by rotor structure. The instantaneous currents in either starting or lock rotor condition, which are calculated from the current dynamic analysis, are applied to the analysis of the irreversible demagnetization field by FEM. In irreversible demagnetization analysis by FEM, the variation of residual flux density in PM is analyzed using the non-linearity of magnetic core on B-H plan. The analysis results are compared to several rotor structures and used for optimize the rotor structure.

Policy on Promoting Venture Business based on Patent and Technology in Metro Taejon and Chungcheong Area (대전 .충청지역 특허기술기반 벤처산업의 육성방안)

  • 이영덕
    • Journal of Korea Technology Innovation Society
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    • v.2 no.2
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    • pp.309-325
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    • 1999
  • If we want to overcome the current IMF-guarded economic situations as early as possible and to change the present industry structure to the new knowledge-based structure, it is a great necessity to increase the capability of technology innovation as a key factor of the international competitiveness, and to establish the infrastructure of venture business for increasing utilization of technologly and patent. Even though there has been a great increase in application and enrollment of the Industrial Property Rights (i.e. IPRs) including patent recently, the number of unused IPRs are increasing progressively every year (for example, the ratio of unused patent is about 60% in 1997), and illegal use of patent and dependance on the foreign patent are increasing sharply. This paper will suggest policy on nurturing venture business for increasing utilization of the unused IPRs, including technology transaction strategy and link strategy of the high-tech industries between metro Taejon and Chungcheong Area.

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경쟁력제고를 위한 한국 자동차산업의 최적 유통구조에 대한 소고

  • 전달영
    • Journal of Distribution Research
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    • v.2 no.1
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    • pp.59-85
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    • 1997
  • The automobile industry in Korea has grown to the fifth in the world in terms of production capacity. In spite of the production growth, the marketing aspects such as distribution and customer service in the auto industry are still behind the world-class. Thus, the major purposes of this paper are as follows. The first is to analyze competitive structure of the industry and to compare distribution strategies of the major auto firms(Hyundai, Daewoo, and Kia). The second is to theoretically explain the transition from the vertical marketing system to the dealer system using transaction cost analysis. The third is to compare auto distribution channels in Korea with those in the U.S. and Japan. Finally, an optimal channel stucture in the auto industry is suggested after reviewing five alternative channel structures such as corporate-owned VMS, sales-specializing firm, multiplex system(VMS+limited dealer system), dual sales channel, and advanced dealer system. In the short-run, sales-specilizing firm was suggested as an optimal channel system to enhance customer satisfaction by integrating sales and customer service. In the long-run, advanced dealer system through regional differentiation was desirable for an optimal channel structure by organically integrating new car sales, used car sales, and after service to provide total marketing service to customers.

Construction and Characteristics of Single Phase Switched Reluctance Motor

  • Oh, Young-Woong;Lee, Eun-Woong;Lee, Jong-Han;Kim, Jun-Ho
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.4B no.1
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    • pp.6-11
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    • 2004
  • The single phase switched reluctance motor (SRM) has many merits; simple structure and driving circuits, easy operation and speed control, and etc. This paper presents the torque characteristics of disk type single phase SRM by changing the salient pole lengths and pole arcs. The prototype single phase SRM has a three dimensional magnetic flux pattern because of its structure. That is, the radial and axial magnetic flux contributes to torque generation. Thus, 3D analysis is required for computation of its magnetic field. In this paper, 3D FEM is used for analyzing the magnetic flux distribution and magnetic co-energy.