• 제목/요약/키워드: emerging

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주식시장의 국제적 연계: 유럽 신흥국가들에서의 증거 (International Linkages in Equity Markets: Evidence from Emerging European Countries)

  • 강상훈;윤성민
    • 국제지역연구
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    • 제15권3호
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    • pp.77-94
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    • 2011
  • 이 논문에서는 글로벌 및 권역의 선진주식시장(미국, 영국, 독일)과 유럽 신흥주식시장(헝가리, 체코, 러시아, 폴란드) 사이의 수익률 및 변동성 연계를 VAR-이변량 GARCH 모형을 이용하여 연구하였다. 주요 실증분석 결과는 다음과 같이 요약할 수 있다. 첫째, 수익률 측면에서의 정보전이효과 경우 선진주식시장으로부터 신흥주식시장에로의 일방향의 인과관계를 발견하였고, 반대 방향의 인과관계는 유의하지 않았다. 이는 선진주식시장의 가격결정이 유럽 신흥주식시장의 가격결정을 선도한다는 것을 의미한다. 둘째, 변동성 측면의 정보전이효과 경우에서 선진주식시장 중에서도 권역 선진주식시장(특히, 독일)과 신흥주식시장 사이에서 강한 인과관계를 발견하였다. 이러한 결과는 유럽 신흥주식시장의 변동성이 글로벌 선진시장(미국)보다 권역 선진주식시장(특히, 독일)으로부터 더 유의하고 강한 영향을 받는다는 것을 의미한다. 따라서 유럽 신흥주식시장은 선진주식시장, 그 중에서도 독일주식시장에 상당히 긴밀하게 통합되어 있다고 볼 수 있다.

신흥시장 개척을 위한 최적 제품 포트폴리오 (Optimizing the product portfolio for emerging markets)

  • 이태훈;이용승;신준석
    • 기술혁신연구
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    • 제26권4호
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    • pp.1-28
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    • 2018
  • 자동차 부품기업들은 플랫폼 기반 대량맞춤형 제품개발과 생산을 통해 비용절감과 아시아 신흥시장 수주 확대를 목표로 하고 있다. 그러나 신흥시장은 수주량이 적고, 변동성이 높아 목표 달성이 어렵다. 본 연구는 부품기업 관점에서 신흥시장의 수주량 변동성 위험을 적정 수준으로 관리하면서, 영업이익을 극대화할 수 있는 제품 포트폴리오 최적화 방법을 제안한다. 기존 제품 포트폴리오 최적화 접근법과의 차별점은 세가지다. 첫째, 플랫폼 기반 대량맞춤형 생산에 의한 비용 절감효과를 반영한다. 둘째, 수주량 변동성을 고려한다. 셋째, 최소 영업이익률 유지라는 강건성 조건을 반영한다. 실무적으로는 신흥시장 개척의 재무 위험을 최소한도로 유지하면서, 점진적으로 시장점유율을 높여가는 동적 제품개발 전략 수립의 토대를 제공한다. 북미, 유럽, 아시아 18개 업체에 납품하는 다국적 부품제조기업의 파워리프트게이트 제품을 대상으로 실증연구를 수행했다.

Development of a New Direct Marketing Channel in the Chinese Rural Market: The Case of Hongfu Fertilizer Company

  • Li, Dao-sheng;Hong, Jinhwan
    • Asia Marketing Journal
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    • 제15권2호
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    • pp.29-47
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    • 2013
  • Distribution channel decisions involve long-term commitments with other firms that are very difficult to change or replace. In particular, marketing channel decisions in emerging markets are much more complicated due to unfamiliar conditions and problems such as lack of market data and distribution systems. Therefore, when a company considers changing or introducing a marketing channel in an area, it is much more difficult to judge its effectiveness in an emerging market than in a developed market. In this study, we investigate the development process of a new direct marketing channel of Hongfu Fertilizer Company (hereafter Hongfu), a medium-sized Chinese fertilizer manufacturer, and propose an approach to test the feasibility of this new marketing channel in the Chinese rural market. We measure the effectiveness of Hongfu's new marketing channel from two perspectives: i) from customers' perspective through direct responses of farmers, which showed that a new channel can increase the convenience and lower the purchasing costs for the farmers, and ii) from the company's perspective, by calculating the incremental profit of the company using the expansion factor (T/Q) method, which suggested that the execution of Hongfu's strategy to expand a new marketing channel will result in an increase in profits. The results of this study contribute to the development of a methodology to test the feasibility of a new direct marketing channel in the emerging markets such as the Chinese rural market. Traditional and indirect distribution channels in emerging markets are generally not very efficient and difficult to change. Especially, in emerging markets, like the Chinese rural market, the methods of testing channel feasibility must be different from that of developed markets. Considering market situations, market experiments can be more effective then systematic market surveys in testing channel feasibility in emerging markets. This study implies that managers must learn to cope with a transition from the traditional marketing channels in emerging markets. With the development in farmers' understanding of marketing concept, the transition from traditional marketing channel is unavoidable for all firms. Farmers in China are generally very conservative, however, their buying behaviors are changing. Therefore, fertilizer companies should try to adjust in accordance with farmers' demand characteristics that the efforts to meet the economic needs of farmers with new marketing channels as well as trust building are critical in the near future.

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코로나19를 경험한 간호대학생의 간호전문직관과 신종감염병 환자 간호의도와의 관계: e-헬스 리터러시의 매개효과 (The relationship between nursing professionalism and nursing intention for patients with emerging infectious diseases of nursing students who had experienced COVID-19 pandemic: the mediating effect of e-Health literacy)

  • 김희정
    • 한국간호교육학회지
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    • 제30권1호
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    • pp.71-81
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    • 2024
  • Purpose: This study aimed to identify the relationship between nursing professionalism and nursing intention for patients with emerging infectious diseases of nursing students who had experienced coronavirus disease 2019 (COVID-19), with a focus on the mediating effect of e-Health literacy. Methods: The study surveyed 177 nursing students who had experienced COVID-19. The data were collected using self-reported questionnaires. The collected data were analyzed using IBM SPSS statistics 25.0, and the mediating effect was analyzed through the SPSS Process macro model 4. Results: Nursing professionalism (β=.26, p=.002) and e-Health literacy (β=.18, p=.021) were found to be significant predictors of nursing intention for patients with emerging infectious diseases. In addition, e-Health literacy partially mediated the relationship between nursing professionalism and nursing intention for patients with emerging infectious diseases. Conclusion: e-Health literacy was a mediating factor in the relationship between the nursing professionalism and nursing intention of nursing students for patients with emerging infectious diseases. In order to improve nursing intention of nursing students for patients with emerging infectious diseases, it is important to develop an education program that can enhance their e-Health literacy as well as nursing professionalism.

특허분석을 통한 UI/UX(User Interface/User Experience) 분야의 유망 연구영역 탐색 (Exploring Prospective Research Areas in UI/UX through the Analysis of Patents)

  • 임채국;윤두섭;박인채;박광만;고순주;윤병운
    • 경영과학
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    • 제32권4호
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    • pp.1-18
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    • 2015
  • On UX/UI fields, understanding emerging technology is important for preoccupancy of a future market. Most of emerging field searching methods are qualitative methods. However, it is suitable for large companies to adduce its milestone, not for small enterprises. Thus, this study aims at purposing the improvement of utilizability for research field searching processes. We draw core patents with modified patent citation data, apply the Girvan-Newman clustering method based on bibliographic coupling patent relationship and then, draw emerging technology research UX/UI fields. Finally, the results were validated in comparison with a report on emerging research.

The effect of field-line twist on the dynamic nature and electric current structure of emerging magnetic field on the Sun

  • 안준모;;이환희;강지혜
    • 천문학회보
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    • 제37권1호
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    • pp.87.1-87.1
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    • 2012
  • We use three-dimensional magnetohydrodynamic simulations to investigate how the dynamic state of emerging magnetic field is related to the twist of field lines. Emergence of magnetic field is considered as one of the key physical process producing solar activity such as flares, jets, and coronal mass ejections. To understand these activities we have to know dynamic nature and electric current structure provided by emerging magnetic field. To demonstrate dynamic nature of field lines, we focus on the factors such as curvature of magnetic field line and scale height of magnetic field strength. These factors show that strong twist case forms two-part structure in which the central part is close to a force-free state while the outer marginal part is in a fairly dynamic state. For weak twist case, it still shows two-part structure but the tendency becomes weaker than strong twist case. We discuss how the curvature distribution affects the dynamic nature of emerging magnetic field. We also investigate electric current distribution provided by emerging field lines to show a possible relation between electric current structure and sigmoid observed in a preflare phase.

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고피인용 논문을 활용한 유망기술 발굴 (Detection of Emerging Technology by Using Highly Cited Papers)

  • 이준영;김도현;안세정;노경란;권오진
    • 한국전자통신학회논문지
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    • 제8권11호
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    • pp.1655-1664
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    • 2013
  • 급변하는 과학기술 환경속에서 효율적인 R&D와 경쟁력 확보를 위해 미래 기술을 예측하고 유망기술을 발굴하고자 하는 활동이 전 세계적으로 활발히 이뤄지고 있다. 이에 본 연구는 고피인용 논문을 분석 방법을 이용해 2008년, 2012년도 각각 과학기술 전분야를 넘나드는 최전선의 연구활동을 확인하고, 2008년과 2012년을 비교해 연구활동의 규모가 급증한 영역을 추출하여 10대 유망기술을 도출하였다. 본 연구결과는 연구개발 및 기업의 전략적, 정책적 의사결정을 지원할 것으로 기대된다.

The Effects of International New Ventures' Social Responsibility Engagement on Local Customer Loyalty: A Perspective of Relationship Marketing in Emerging Economies

  • An, Sang-Bong;Oh, Han-Mo;Kim, Sung-Kwon
    • 아태비즈니스연구
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    • 제9권3호
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    • pp.25-35
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    • 2018
  • Research addressing international new ventures' social responsibility activities is scarce. Specifically, researchers have little account for the effects of an international new venture's social responsibility efforts on the outcomes of relationships with local customers in emerging economies. Against this background, we attempt to extend the boundaries of an understanding of the effects of international new ventures' social responsibility engagement on local customers' loyalty through customer trust and customer identification in emerging economies. Based mainly on the stakeholder theory and the relationship marketing theory, our study conceptualize two facets of international new ventures' social responsibility efforts: ethical and philanthropic corporate social responsibility engagement. In addition, we identify positive customer relationship-building mechanisms for each facet. Furthermore, our study presents an empirically testable propositions that would explain how international new ventures' social responsibility efforts influence the outcomes of relationships with local customers in emerging economies. Finally, this manuscript provides a discussion of the present study' implications for theory and practice and limitations that naturally lead to future research on international new ventures' social responsibility activities in developing economies.

Econometric Analysis of the Determinants of Real Effective Exchange Rate in the Emerging ASEAN Countries

  • RAKSONG, Saranya;SOMBATTHIRA, Benchamaphorn
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.731-740
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    • 2021
  • This research aims to investigate the determinants of real effective exchange rate in emerging ASEAN countries, including Indonesia, Malaysia, Philippines, Thailand, and Vietnam. The research was conducted by using quarterly time series data set from 1980Q1 to 2020Q3. Cointegration and the error correction model (ECM) methods were applied to test the long run and short run relationship of the real effective exchange rate and its determinants. The results indicate that the ratio of foreign direct investment to GDP and the government spending have significantly positive impact on real effective exchange rate in the Emerging ASEAN countries. The trade opening had influencing real effective exchange rate in most the Emerging ASEAN countries, except Vietnam. In addition, the international reserve (INR) had significant long-run impacts variables on real effective exchange rate in Malaysia, Thailand and Vietnam. In the short run equilibrium, the error collection term suggest that Indonesia and Malaysia are the fastest speed adjustment to equilibrium. In addition, the term of trade influence the real effective exchange rate in Indonesia, Malaysia, and the Philippines but it is not in Thailand and Vietnam. However, FDI is a major factor of the real effective exchange rate in Vietnam, but not for other countries.

The Impact of CSR Strategy of Affiliated Firm on Performance in the Emerging Markets: Resource-Based and Institutional Approaches

  • Cho, Youngsam
    • Journal of East Asia Management
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    • 제3권2호
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    • pp.1-19
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    • 2022
  • This study suggests an integrated theoretical framework for the relationship between political risk and multinational corporation (MNC) subsidiary's performance in the emerging market. The political risk would have a negative impact on MNC subsidiary's performance in the emerging countries that are developing in Asia, the Commonwealth of Independent States, Africa, and South America. The major reason is that political risks could generate a loss of benefit or a loss of control for MNC's subsidiary. In this study, I suggest that corporate social responsibility (CSR) strategy would be a solution to overcome various political risks. Specifically, the affiliated firms with diversified industries or greater financial resources could mitigate the negative impact of political risk than unaffiliated firms. Because they can use their tangible or nontangible asset such as information, technology, and construction in order to gain legitimacy and trust from local government, local community, and local firms in the emerging market. Finally, I claimed the costs of the affiliated firms would exceed the benefits at the initial stages, while the benefits of affiliated firms would exceed the costs over time when political risks become higher. The reason is that the trust gained from local stakeholders accumulates over time and the impact of CSR strategy would become an important solution to overcome the risks in and unstable context.