• 제목/요약/키워드: complementary asset

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Buyer and Supplier Collaboration Strategy for Development and Production in the Korean Auto Industry

  • Park, Tae-Hoon;Kim, Il-Gwang
    • Journal of Korea Trade
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    • 제23권2호
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    • pp.14-33
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    • 2019
  • Purpose - This paper aims to articulate determinants of inter-organizational cooperation based on to the extent to which inter-organizational tasks are related to product development and production processes. Design/Methodology - This research conducted OLS regression analysis based on the data acquired from questionnaire survey in Korean auto industry. Findings - Our analysis has verified that complementary and compatible resources, as well as physical and human asset specificities, positively affect inter-organizational product development cooperation. Conversely, in the production process, only complementary resources positively affect inter-organizational cooperation, whereas compatible resources and physical asset specificity have a negative influence. The changing characteristics of compatible resources (with IT innovations and AI), and physical asset specificity (influenced by a rising need to reduce production costs), cause inter-organizational cooperation in production to decrease. Originality/value - This research attempts to expound upon these determining factors of inter-organizational cooperation by considering both complementary-compatible resources and asset specificity in product development and production simultaneously. The reason why the impact of complementary-compatible resources and asset specificity on inter-organizational cooperation is critical in understanding the determinants of inter-organizational cooperation is that the attributes of complementary-compatible resources and asset specificity in production have changed drastically due to the continuing diffusion of IT innovations and AI (Artificial Intelligence).

텍스트 마이닝 기반의 자산관리 핀테크 기업 핵심 요소 분석: 사용자 리뷰를 바탕으로 (An Analysis of Key Elements for FinTech Companies Based on Text Mining: From the User's Review)

  • 손애린;신왕수;이준기
    • 한국정보시스템학회지:정보시스템연구
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    • 제29권4호
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    • pp.137-151
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    • 2020
  • Purpose Domestic asset management fintech companies are expected to grow by leaps and bounds along with the implementation of the "Data bills." Contrary to the market fever, however, academic research is insufficient. Therefore, we want to analyze user reviews of asset management fintech companies that are expected to grow significantly in the future to derive strengths and complementary points of services that have been provided, and analyze key elements of asset management fintech companies. Design/methodology/approach To analyze large amounts of review text data, this study applied text mining techniques. Bank Salad and Toss, domestic asset management application services, were selected for the study. To get the data, app reviews were crawled in the online app store and preprocessed using natural language processing techniques. Topic Modeling and Aspect-Sentiment Analysis were used as analysis methods. Findings According to the analysis results, this study was able to derive the elements that asset management fintech companies should have. As a result of Topic Modeling, 7 topics were derived from Bank Salad and Toss respectively. As a result, topics related to function and usage and topics on stability and marketing were extracted. Sentiment Analysis showed that users responded positively to function-related topics, but negatively to usage-related topics and stability topics. Through this, we were able to extract the key elements needed for asset management fintech companies.

반도체 IP 산업에서 지식기반 기업의 기술혁신 전략에 대한 사례연구 (Knowledge-based company's technology innovation strategy and case analysis in semiconductor IP industry)

  • 김민식
    • 기술혁신학회지
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    • 제15권3호
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    • pp.500-532
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    • 2012
  • 본 연구는 반도체 IP산업의 지식기반 기업에 있어 기술혁신전략에 대하여 분석한 것이다. 분석을 위한 이론적인 논의는 i)지식의 창조 보호 활용과 혁신에 관한 이론, ii)혁신으로부터 가치 창출에 대한 이론 iii)모듈화, 시장진입시기, 표준(지배적 디자인)의 등장 경쟁 등의 중심으로 수행되었다. 이러한 이론적인 선행 연구를 통해 지식기반 기업의 기술혁신전략에 대한 탐색적인 연구가설을 제시하였다. 그리고 최종적으로 이러한 반도체 IP산업의 대표적인 지식기반 기업으로 ARM과 INTEL의 기술혁신 전략 사례 분석을 분석하여, 제시된 연구 가설들을 확인하였다. 첫째, 기술 주기에 있어 초기단계에 진입하는 지식기반기업은 i)상호보완적 자산(지식)에 대한 접근성이 낮아 수직 통합하는 기술 전략을 선택하며, ii)환경변화로 인한 산업의 가치사슬 분화에도 불구하고 수직결합적인 기술 전략을 주요한 방향으로 유지한다. 둘째, 기술 주기에 있어 후기단계에 진입하는 지식기반 기업은 i)상호보완적 지식자산에 대한 접근성이 높아져 계약거래를 통한 기술 혁신 전략을 선호하며, ii)보유한 지식자산에 있어 불연속적인 특징의 존재여부에 따라 기술 혁신 전략의 경로를 다르게 선택한다.

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철도트러스 교량의 유지보수주기분석을 통한 자산관리 차원의 최적LCC에 관한 연구 (Study on Optimal LCC Considering Asset Management Through Maintenance-Period Analysis about Railway Truss Bridge)

  • 김태희;박미연;문제우
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2008년도 춘계학술대회 논문집
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    • pp.1350-1358
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    • 2008
  • Recently the study related to life cycle cost analysis of railway structure consisted of a complex is proceeded covering several range, which is considering the methodology of efficiency and rationalization for maintenance and analysing long-time behavior of the structure of looking at standpoint from asset management and safety. But LCCA(life cycle cost analysis) of railway structure was almost impossible as there were not anything datum for maintenance plan, such as maintenance periods related to each of components(painting and corrosion of steel, and cracking of elements, etc)and maintenance proportion, despite of its 100-year history. According, for collecting data related to railway truss bridge, bridge record cards and testing safety papers, and researching question, etc are surveyed and classified for LCC Analysis. Especially, LCC assessment on the side of assets-maintenance considering about initial cost, maintenance cost, and indirect cost is constructed. Maintenance period and complementary measure rate are very important in maintenance. To decide maintenance period, Baysian updating method is applied.

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SK텔레콤 가치네트워크의 역동적 진화에 관한 장기사례분석 (The Longitudinal Case Study on the Dynamically Evolving Value Network of SK Telecom)

  • 장용호;박종구
    • 한국산학기술학회논문지
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    • 제14권5호
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    • pp.2150-2156
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    • 2013
  • 새로운 가치를 창출하기 위한 자원 확보는 기술과 시장의 불확실성이 높은 융합시장에서 기업이 살아남기 위한 필수조건이다. 이 연구는 융합환경에 직면한 이동통신사가 새로운 가치창출을 위해 필요한 자원들의 연결체인 가치네트워크를 어떻게 재구성해왔는지를 밝혀내고자 했다. 이를 위해 SK텔레콤을 분석 사례로 선정하여 1999년부터 2008년까지 SK텔레콤의 출자구조에 대한 측정을 통해 자원구성관점에서 SK텔레콤의 가치네트워크가 융합환경에 어떻게 적응해왔는지를 실증적으로 분석하였다. 연구결과 이동통신망의 고도화에 기반한 융합서비스 제공은 SK텔레콤의 수입원천에 구조적인 변화를 가져왔으며, 사업영역의 확장을 통해 SK텔레콤이 미디어기업으로 자리매김할 수 있는 원동력으로 작동하였다. 이 과정에서 출자구조로 측정된 SK텔레콤의 가치네트워크는 새로운 가치창출을 위해 동종 산업뿐만 아니라 이종 산업에 존재하는 보완적 자산을 역동적으로 재구성해가며 가치 지향적으로 진화했다.

디지털 전환기의 후발국 기술추격 패턴 분석 : 디지털 TV 사례 (Digital Transofrmation and Leapfrogging of a Catching-up Country: the Case of Korean Digital TV Industry)

  • 송위진;이근;임채성
    • 기술혁신연구
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    • 제12권3호
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    • pp.205-227
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    • 2004
  • This paper examined the leapfrogging of Korean Digital TV Industry in the midst of digital Revolution. Despite the lack of sufficient capability and core knowledge base, the Korean firms succeeded in the catching up forerunner firms in the Digital TV industry. The reasons of the success of Korean firms were as follows. Firstly, the Korean firms had some complementary asset, such as the experience of producing analog TV, and were able to develop the prototype digital TV given the accesses to the foreign knowledge via overseas R&D posts and acquisition of a foreign company. Secondly, the Korean firms were not locked in the analog technologies. As a follower, they had little sunk cost on the existing analog technologies. Thirdly, New mode of innovation, such as National R&D program for the development of HDTV and ASIC, were used as a tool for the mobilization of scarce knowledge base of digital technologies and the sharing the risks of development of path-breaking new technologies.

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Factors Influencing Housing Satisfaction in the New Middle-Aged Rural Returnee Generation

  • Joong-Ho CHOI;Sun-Ju KIM
    • 융합경영연구
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    • 제12권2호
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    • pp.51-60
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    • 2024
  • Purpose: The purpose of this study was to analyze the factors influencing the housing satisfaction of the new middle-aged who returned to farming to derive the implications of real estate policies to resolve regional imbalances. Research design, data and methodology: As a result, this study used secondary data, housing survey data, and identified factors influencing housing satisfaction through multiple regression analysis as well as basic analysis such as exploratory factor analysis, reliability analysis, technical statistics analysis, and correlation analysis. Previous studies, in particular, mainly focused on aging, retirement, economic activity, and retirement preparation, but this study was able to derive predictive factors that can increase the persistence of living after returning to farming by analyzing housing satisfaction for the new middle-aged, and as a result, suggest implications for resolving regional imbalances. Results: As a result of the analysis, it was found that housing structure status had the greatest influence among the three factors of housing-related predictors: housing structure status, facility accessibility, and surrounding environment, suggesting that policy alternatives that can improve the quality of the housing structure itself should be prepared rather than facility accessibility and the surrounding environment. Conclusions: Based on these results, we discussed implications for improving the housing structure to increase the continuity of living for the new middle-aged after returning to farming, and presented follow-up research directions on the need for complementary research in addition to individual analysis of influencing factors, limitations of secondary data, and the lighting of research on the new middle-aged and other generations who did not return to farming.

Emerging Digital Technology as a Window of Opportunity and Technological Leapfrogging: Catch-up in Digital TV by the Korean Firms

  • Lee, Geun;Lim, Chai-Sung;Song, Wi-Chin
    • 기술경영경제학회:학술대회논문집
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    • 기술경영경제학회 2004년도 제24회 동계학술대회 논문집
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    • pp.288-315
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    • 2004
  • This paper has examined the leapfrogging thesis with the case of catch-up in digital TV by the Korean firms. Despite the disadvantages implied by the technological regime of digital TV and the risks facing early entrants in trajectory choice and initial market formation, the Korean firms had achieved a 'path-creating catch-up' in the sense they chose a different path from the Japanese forerunning firms. As they have been closely watching the technological trends and the standard setting process, there was less risk of choosing the right or wrong technological trajectory. Also, despite the lack of sufficient capability and core knowledge base, the Korean firms had some complementary asset, such as the experience of producing analogue TV, and were able to develop the prototype digital TV and the ASIC chips, given the accesses to the foreign knowledge via overseas R&D posts and acquisition of a foreign company. To secure the initial market size, the Korean targeted the US market from the beginning, and their sources for competitive advantages were the speedy setting up the production system for mass production of products at the initial stage. The initial failure of the Japanese firms and the success of the Korean firms do suggest that the period of paradigm shift, like this toward digital technology, can serve as a window of opportunity for late-comers while penalizing the forerunner.

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The Implications of Simultaneous Capital Stop and Retrenchment during Financial Crises

  • Suh, Jae-Hyun
    • Journal of Korea Trade
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    • 제24권7호
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    • pp.38-53
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    • 2020
  • Purpose - A financial crash triggers asset fire sales by foreign investors and, as a consequence, the price of domestic assets severely decreases. Domestic investors take advantage of these low prices by replacing foreign assets with domestic assets, which helps to alleviate the liquidity shock caused by foreigners. However, is the amount of capital retrenchment by domestic investors sufficient to protect the Korean economy from capital stop by foreign investors during financial crisis? This paper answers this question and suggests the implications of this phenomenon for the Korean economy. Design/methodology - We estimate the associations between capital stop and retrenchment and various financial crises such as banking, currency, debt, and inflation crises using the complementary log-log model. Specifically, we use data of gross capital flows to differentiate between the role of foreign and domestic investors in financial markets. Capital stop and retrenchment designate a sharp decrease in gross capital inflows and outflows, respectively. Findings - Capital stop is significantly associated with financial crises, especially currency and debt crises. This implies that increased risk aversion during times of financial turmoil encourages foreign investors to retrench their investments, worsening liquidity shocks. Conversely, capital retrenchment is not significantly associated with such crises. The results show that, although financial crises reduce gross capital outflows, the reduction is not as large as that with capital inflows. Originality/value - The contribution of this paper is threefold. First, this study investigates how domestic investors behave during times of financial distress by studying gross capital flows-not net capital flows. Second, we concentrate on sharp changes in capital flows during crises. Third, we examine the associations between capital stop and retrenchment and financial crises in general, not specific events.