• Title/Summary/Keyword: foreign policy factors

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Global Development Strategy of Korean Marine (Leisure) Sports Industry Using SWOT / AHP Method

  • XU, Jin Shou;KIM, Suwan;LEE, Chunsu
    • East Asian Journal of Business Economics (EAJBE)
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    • v.8 no.3
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    • pp.1-13
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    • 2020
  • Purpose - Identify the priorities of important factors through SWOT/AHP analysis method for vitalization of global marine sports in Korea. Through this, we will identify prerequisites and strategies for Korean marine sports to become a global powerhouse, including revitalizing the Korean Wave for Chinese consumers. It also revitalizes global competitiveness and draws policy implications. Research design and methodology - Through interviews with experts and literature data, elements of important opportunities, threats, strengths and weaknesses of marine sports are summarized. Based on this SWOT, the AHP technique is applied to determine which is first and what is important between the factors that save opportunities and increase strengths, and measures to cope with threats and factors that complement weaknesses. Through this, the priority factor of experts suggests a plan for activating strategic marine sports. Results - First, the current status of marine sports in Korea and the perception of consumers are grasped through current data and literature research. Sub-elements are derived based on the theoretical literature on SWOT elements and opinions of experts. Prioritization is identified based on the AHP questionnaire of Korean experts. Conclusions - The strategy was derived through SWOT/AHP analysis, and the following implications were obtained. Regionally, Busan is psychologically and geographically adjacent to China and Japan. It is also an area where human exchanges are actively taking place along with the volume of imports and exports. Due to the increase in China's marine sports industry and population, it is necessary to expand the scope of Korea to marine sports beyond cosmetics, dramas, movies, and Korean waves (Hallyu) stars.

Choice Factors of Transshipment Port in Northeast Asia

  • Park, Nam-Kyu;Lim, Chae-Kwan
    • Journal of Navigation and Port Research
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    • v.33 no.7
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    • pp.491-500
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    • 2009
  • In order to attract more transshipment cargoes, Busan Port Authority (BPA) has, since 2003, adopted the volume incentive policy by which more than US$ 10 million annually have been paid back to shipping lines that were called at the port. However, having been a transshipment port for the Northeast region of China, the port of Busan has come under threat from bold Chinese port development projects, notably Shanghai, as northern Chinese regionnl ports place more emphasis on building facilities capable of handling growing trade volumes. Undoubtedly this would lead to a decline in transshipment container traffic moved via Busan. The purpose of this paper is to identify some core factors that have been affecting the increase of transshipment cargoes of Busan and further to recommend BPA an improved incentive scheme with which more T/S cargoes can be attracted into the port of Busan To clarity the reason why T/S cargoes have increased in the port of Busan, several steps are made as follows: The first step is to make a quantitative model for explaining the development of T/S cargoes during the last decade. The second step is to define the dependent and the independent variables for multiple regressions after testing variable significance. For this, data collection and the accuracy of validation have been done by the direct interview with the experienced staffs in shipping companies of both domestic and foreign country. After validating the model with collected data, the final step is to find variables which are explaining the model mostly. In conclusion, 2 variables were clearly identified as core factors that explain well the development of T/S cargoes in the port of Busan: 'Mohring effect' and total cost. It is strongly recommended, by an empirical study, that an incentive scheme be changed to a way which more feeder vessels rather than mother vessels can reduce their direct costs to call in the port of Busan.

Factors to Disturb Adult Learner's e-Learning Persistence: A Case Study of H-Cyber University in Seoul Korea (성인학습자의 e-러닝 학업지속 장애요인에 대한 사례 연구:서울소재 H사이버대학을 중심으로)

  • Chung, Yongkyun;Kim, Joong-Ryul
    • Journal of Digital Convergence
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    • v.16 no.12
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    • pp.109-122
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    • 2018
  • This study investigates factors to disturb the e-Learning persistence of adult learners based on a case study of Cyber University students located in Seoul Korea. Main findings of our research show that economic burden, shortage of studying hours, digital literacy problem, perceived isolation, inefficient interaction between lecturer and student, and support of family are primary factors to influence the persistence of online education in a Cyber university. From our case study, we recommend to improve the scholarship system, and supplement the offline special lectures at weekends in order to alleviate perceived isolation. A novelty of this paper is that economic burden is highlighted to influence the persistence of adult learners.

A Sustainable Development Issues and Trends in Myanmar: A Text Network Analysis (미얀마의 지속가능발전에 대한 이슈 및 트렌드 분석: 텍스트 네트워크 분석)

  • Phyo Su Thwe;EuiBeom Jeong;DonHee Lee
    • Journal of Korea Society of Industrial Information Systems
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    • v.29 no.4
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    • pp.105-122
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    • 2024
  • Myanmar was successful in increasing its sustainable development index during the three years period from 2018 to 2020. However, the index began to decline since 2021. This study aims to analyze both the success factors and obstacles for sustainable development in Myanmar. Using the search terms 'Myanmar' and 'sustainability', online news items were collected from January 2018 to December 2023 and were examined through text network analysis. The study identified the following success factors that contribute to sustainable development in Myanmar: foreign investments, private companies' participation in the effort, human resource development projects, and the use of new and renewable energy. The inhibition factors for the development efforts identified were: government's coercive/restrictive policies, labor rights violations, and forest degradation. The findings of this study provide useful insights for understanding the current status of sustainability in Myanmar from academic and practical perspectives. The results also present benchmarking information for policy-makers in Myanmar and other similar developing countries that are searching for strategic directions in their sustainable development efforts.

The Effects of Global and Artistic Competence on the Intention of Start-up (글로벌 역량과 예술적 역량이 창업 의도에 미치는 영향)

  • Um, Hyemi;Zhang, Shengnan
    • Journal of Digital Convergence
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    • v.19 no.4
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    • pp.57-71
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    • 2021
  • As the global economy becomes globalized, there is a growing demand for nurturing talent to enhance the competitiveness of individuals and countries. Studying abroad is one of the ways of education to gain high qulaity education and skills, and get closer to the local market, the international market. This study sought to define the factors of global competence and artistic competence for foreign students in Korea, and to clarify the impact of global competence and artistic capacity on the intention of start-up, networking behavior, mediating and regulating effects of social support. The results of the empirical analysis of Chinese students studying in Korea in this study are as follows. First, three sub-factors (knowledge, skill, attitude) of global competency have been shown to have a positive influence on networking behavior. Second, three sub-factors (expression, creativity, media) of artistic competence were having a positive impact on networking behavior. Third, networking behavior has been confirmed to have a positive effect on the intention of start-up. Fourth, the results showed that social support regulates the relationship between networking behavior and start-up intent. Fifth, it was confirmed that networking behavior has the effect of mediating global capabilities and intention to start a business. This study is meaningful in verifying that the networking behavior of students studying abroad plays a positive role in the intention of starting a business by studying the intention of students to adapt to the new social culture, educational environment in foreign countries.

The Strategy of Korean Firms' FDI into European Union (한국기업의 대EU 직접투자전략)

  • Bang, Ho-Yeol
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.77-109
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    • 2009
  • The purpose of this study is to review the current trend of FDIs by Korean companies into EU, and to present the optimal strategies for them to combine their firm-specific factors and FDI attractiveness of the regions in EU. The companies are divided into two categories, SMEs and large enterprises. The regions of EU are composed of 15 incumbent members before the fifth enlargement in 2004 and 12 new members. Large Korean companies tend to make large investments in 15 incumbent members with stable and mature markets. Korean SMEs, by contrast, mainly invest on small scales in the new members due to the lack of their available inner resources and knowledge for the markets. The main objects of the investments in EU by the large Korean companies are to gain more market share and to acquire the advanced technologies. Although such goals are also important for the SMEs, the most important objects for the investments by Korean SMEs in EU are usually to enter EU markets and to take advantage of the relatively cheap labor forces for the efficient operations. The effects of such passive strategies by the SMEs, however, are expected to extinct because the cost advantages in regions of the new EU members will not last in the long term, so the SMEs must take longer views for the choice of locations. Many empirical results suggest that the optimal FDI strategies for the Korean companies in EU could be worked mainly by more aggressive localization policy of companies and by the cooperations of SMEs and large enterprises for the reduction in costs of foreignness.

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Relationship between Ownership Structures and Earnings Management Behavior in Vietnamese Commercial Banks

  • TRAN, Thinh Quoc;LY, Anh Hoang;NGUYEN, Dung Khanh Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.401-407
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    • 2020
  • Earnings management behavior is the use of accounting procedures, through accounting policies, to intentionally purposeful control in the provision of information to users. The purpose of this paper is to examine the relationship between ownership structure factors and earnings management behavior of 30 Vietnamese commercial banks. The paper uses the ordinary least square method to examine this relationship and employs time series data of 15 years from 2005 to 2019. The study also uses agency theory an asymmetric information theory. The authors examined six independent variables related to the ownership structure and these variables are typical of Vietnamese commercial banks. The results of the study show that the foreign ownership ratio is an opposite effect, while the ownership concentration variable has a positive effect on earnings management behavior of Vietnamese commercial banks. Based on that, the article proposes a number of policy suggestions for the State bank of Vietnam and Board of directors of commercial banks as well as investors to identify and to limit the earnings management behaviors of Vietnamese commercial banks. This contributes to ensuring information transparency as well as improving the quality of accounting information of Vietnamese commercial banks in the coming years.

Strategic Options for Internationalization in Korean Organizations

  • Yum, Ji-Hwan;Park, Byoung-Jin
    • 한국디지털정책학회:학술대회논문집
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    • 2005.11a
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    • pp.323-335
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    • 2005
  • Globalization of economy brings both opportunities and threats especially for companies in developing countries such as Korea. Globalization is an opportunity because it may expand the size of market for the company where globalization brings a threat for developing global competitiveness. If the company has already built competitive advantage in its business domain, the company can easily transfer market growth to profit improvement. However, if the company has not developed competitive advantage, globalization of economy will give a serious threat for the survivor of the company. The company might lose its own domestic market share. For the less famous brand of product or company name, international expansion is a challenging strategy. The study evaluated organizational performance of companies that try international expansion by utilizing Miles and Snow's strategy typology. We clustered organizations based on their strategy typology (prospector, analyzer, defender, and reactor) in view of the level of product diversification, new product development instances, level of localization, and autonomy of foreign subsidiary. With the strategy typology, we evaluated international strategy in view of product competitiveness, marketing strategy, human resource strategy, and organizational strategy. The regression result demonstrates that the performance of the company is significantly higher when the company employs prospector strategy. We also found out that product quality and emphasis for developed countries in international expansion are the most important factors for success.

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Corruption, Terrorism and the Stock Market: The Evidence from Iraq

  • ASAAD, Zeravan Abdulmuhsen;MARANE, Bayar MohamedRasheed
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.629-639
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    • 2020
  • The current study explains how corruption, terrorism, political stability and oil price has an effect on on the Iraq stock exchange utilizing corruption perception index as a proxy of corruption, global terrorism index as proxy for terrorism, political stability and oil price with ISX60 index as proxy of stock market for the period (2005-2019) using Ordinary Least Square method. The results show that the level of corruption, terrorism activities and political stability coefficient is significantly positive with Iraq stock exchange. In contrast, the oil price coefficient is significantly negative with Iraq stock exchange, which means that lower levels of corruption, less terrorism activities and more stability in political system have strong influence on stock market development in Iraq. The study concludes that the explanatory variables are important for Iraq stock exchange. Hence, the study suggests the policy makers to develop stock market by implementing policies and strategies to overcome high level of corruption, terrorism activities especially after ISIS/ISIL announcement has been made public. There is a need for transparency and creating stable political environment through good governance practices in order to attract more foreign investment and promote economic development. Factors like terrorism and corruption make economic and political systems unstable and has an adverse effect on on Iraq's stock exchange performance.

A Study of the Way to Express Korean Characteristics Shown in Office Design (업무공간 디자인에 나타난 한국성 표현에 관한 연구)

  • 서수경;오영근;이한석
    • Korean Institute of Interior Design Journal
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    • no.37
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    • pp.88-94
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    • 2003
  • In recent years, the direction of the contemporary design paradigm has been shifting from the western to eastern culture; while the western paradigm focuses more on logic and reasons, the eastern paradigm values more on the emotional factors. Today, the interior architecture, in the professional field of design, is gaining its attention from the public due to its rapid development of multi-purpose intelligent buildings which are expected to grow more in coming years. Users are becoming high in demand for the maximum efficiency 8f aesthetical Intoners. While functionality Is the fundamental element In office design, there are increasing request to express uniqueness in the given space such as including the traditional concepts specially when we are living in the era of "globalization". The effect of both WTO policy and the globalization, brought many multinational or foreign companies to expand in Korea. Their request for interior design is to reflect Korean traditions in the office space in order to present the regional characteristics of Korea. Office designs in Korea has been developing rapidly in terms of its advancement in building technology and visual aesthetics. However, the Korean traditional concepts have been expressed very broadly without any boundary or knowledge. Thus, the objective of this study is to analyze the Korean traditions and design elements expressed in various office spaces on case-by-case basis and to provide the typology and the guidelines for the future designs.e designs.