• Title/Summary/Keyword: global technological competitiveness

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The Effect of R&D on High-Tech Product Export Competitiveness: Empirical Evidence from Panel Data of East Asian Economies

  • Alemu, Aye Mengistu
    • STI Policy Review
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    • v.3 no.1
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    • pp.46-62
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    • 2012
  • This study investigates the effects of the two most important indicators of a nation's state of scientific infrastructure: R&D investment and the number of R&D researchers engaged in high-tech product export competitiveness for a panel of 11 countries/economies from East Asia from 1994 to 2010. A GMM panel estimation method was employed to account for the dynamic effect of trade and to control for un-observed country specific effects that may arise due to an inter-country differences and intra-country dynamics. Accordingly, the empirical results reveal that (once controlled for the influence of per capita income) physical capital and infrastructure, a 1% increase in a country's expenditure on the ratio of R&D to GDP may increase high-tech product export performance by approximately $397 million per year. Other factors constant, a 1% increase in the number of R&D researchers is expected to increase the ability to export high-tech products by approximately $67 million. The East Asian development experience demonstrates how latecomers can follow systematic industrialization and join the handful of economies that have come a long way toward closing the knowledge gap with the global technological leaders. However, this does not mean that the policy approaches and overall commitments pursued by each East Asian economy in relation to R&D investment and acquisition of an adequate pool of researchers, and their ultimate achievements in high-tech product export competitiveness were uniform. As a result, there is still a significant variation among countries/economies in terms of performance. This study recommended a number of potential tools and policy instruments that may assist policy makers to foster R&D as an engine to enhance the high-tech product export competitiveness.

Marketing strategy and the current status of Global SPA Brands

  • Kim, Mi-Kyung
    • Journal of Fashion Business
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    • v.14 no.3
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    • pp.35-51
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    • 2010
  • This study aims at providing data for establishing a marketing strategy which can enhance the competitiveness of Korea domestic SPA(Specialty Store Retailer of Private Label Apparel) Brands by suggesting countermeasure strategy through the observation and analysis for SPA Brands, under the current circumstance in which the systematic and scholastic discussion for the matter, is lack, despite the diastrophism in fashion industry is prospected according to the rapid growth of Global SPA Brands. For this purpose, the characteristic and current status of Global SPA Brands is examined, and the main cause of growth is analyzed by approaching to their marketing characteristic, in this study. In relation with this situation, this study suggests the provisions as below, which are drawn from the analysis on Global SPA Brands' marketing strategy, so that Korea domestic SPA Brands could achieve successive performance under fierce competition. First, to be a competitive SPA Brands a business should be able to supply products with frequent product turnover by an interval level of one week or so, the existent product planning by seasons, as a business obtains various swift informations on consumers' demand with R&D center foundation. Secondly, SPA Brands should establish a strategy that a business can create high net profit by inventory management which enables lowering inventory ratio remarkably, and a strategy for innovative product supply by small quantity batch production, along with founding a high technological logistics system. Third, SPA Brands should establish a strategy for primary cost reduction by overseas dispersed outsourcing in order to enable diverse product development and rational price setting. Fourth, fashion marketers should establish also a strategy for communication by which brand image can be delivered effectively, by firming the brand identity and by informing product characteristic and customer service totally, with the method of VMD and flagship store. Additionary, fashion marketers also should establish a strategy by developing mobile application which can provide brand image and diverse other fashion related information.

생명공학 기업의 경쟁력 강화를 위한 지식인프라의 효율적 구축방안

  • 정석선;정선양
    • Proceedings of the Technology Innovation Conference
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    • 2002.06a
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    • pp.157-179
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    • 2002
  • Many advanced scholars and policy makers say that biotechnology is and will be the most important technology in 21th century. And biotechnology has a lots of character which are new and high tech industry, costing too much on early R&D stage and so on. One of them is that it can't be developed all seater by one single firm. So effective and efficient way to solve this generic problem is using the infrastructure which is given by government for flourishing the bio industry, especially, Knowledge infrastructure. The purpose of this study is to understand and give the information about which knowledge infrastructure affects biotechnology firms to obtain competitive advantage in technological improvement. To develop this object, I made 5 variables about infrastructure in biotechnology such as high-skilled researchers infrastructure, R&D policy infrastructure, industrialization infrastructure that supports the biotechnology industry, networking infrastructure between firms, universities, research centers, and finally bio-safety infrastructure. According to this study, to obtain technological competitive advantage for Korean bio firms, all main actors those are government, industry, university, research center they try to develop bio sector at the same time. After this cooperated effort, Korean bio firms and industry can get a international competitiveness in the global society which no one conquer the market.

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Current Patent Status of Pet Food in Korea (펫푸드(반려동물 식품)분야 국내 특허 동향 분석)

  • Lee Yun Ju;Song Joon Seok
    • The Journal of the Convergence on Culture Technology
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    • v.9 no.5
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    • pp.625-633
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    • 2023
  • The global pet culture-related industry is currently experiencing a trend of expansion. Within the pet industry, pet food holds a significant share, occupying a substantial portion. Presently, the domestic pet food market exhibits a high dependency on imported products, underscoring the critical importance of prioritizing the acquisition of intellectual property rights to ensure competitiveness and facilitate technological development within the relevant industry. we have undertaken an assessment of the current status and prospects of domestic pet food patents. Specifically, we have conducted temporal and applicant-specific statistical analyses, as well as IPC technology analyses, to examine the stages of technological advancement, corporate technological development and innovation capabilities, patent application distribution, and the technological landscape of key enterprises and research institutions. The research findings indicate that domestic research activities related to pet food have entered a mature phase, and the trends in patent applications for domestic pet food indicate a notable participation of multinational corporations alongside domestic enterprises.

Case study on the costs structure analysis for the High Speed Rolling Stock system (고속철도차량 시스템의 비용구조 분석에 대한 사례 연구)

  • Choi, Seog-Jung;Kim, Moon-Hong
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.1623-1629
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    • 2010
  • The high speed rolling stock system considerably belongs to a special industry which requires large-scale investment cost but the recovery term is long. Therefore, to guarantee risk and possibility of technological success in initial investment, tools concerned with various expecting methods like life cycle costs analysis and credibility management are used. In view of this characteristics, the cases on cost structure for HSR RS previously invested should be studied and the method to appropriately allocate the life cycle of each sub-system like arrangement unit, electric device, braking device, door and car body should be realized. Moreover, the environmental aspects of main manufacturer and parts supplier can be checked. This study, through the case study for HSR cost structure in introduction and operational stage of KTX, aims to seek for the method to adapt to environmental changes like EU railway industry of which object is to acquire global market competitiveness by integrating manufacturing and operation of RS and the regulation and operation of IRIS which is performed in Europe.

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A Study on Technology Ranking Valuation Using Technology Composite Index (기술종합지수를 이용한 기술등급평가에 관한 연구)

  • Sung Oong-Hyun
    • Journal of Korea Technology Innovation Society
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    • v.8 no.2
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    • pp.583-604
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    • 2005
  • The future will see all industries become technology-driven in the competitive global market place. Firms with deep technological roots and innovation strategies have some advantages. In this situation widely used scoring approach is not enough to evaluate technology's relative competitiveness and to assign relative ranking category. Therefore, a more useful and comprehensive approach, which is called technology composite index, is needed to complement and enhance the existing scoring approach. In this research, factor analysis is applied to determine the common factors and to estimate associated weights. And technology composite index is used to measure the technology's relative strength and also to assign its ranking category instead of technology scoring.

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A Study on Business Relative Ranking Valuation of Technology using Business Composite Index (사업성 종합지수를 이용한 기술의 사업성 상대등급 평가에 관한 연구)

  • Sung, OongHyun
    • Knowledge Management Research
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    • v.6 no.2
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    • pp.105-118
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    • 2005
  • The future will see all industries become technology-driven in the competitive global market place. Firms with deep technological roots and innovation strategies have some advantages. Business valuation of technology is critical to the future of firm's business. In this situation widely used scoring valuation is not enough to evaluate relative business competitiveness associated with technology and to assign its relative ranking category. Therefore, a more useful and comprehensive new valuation approach, which is called business composite index, is needed to complement and to enhance the existing scoring valuation approach. In this research, statistical factor analysis is applied to determine the common factors and to estimate associated weights. And business composite index, which is a kind of weighted scoring method, is derived based on the results of factor analysis. This research shows that business composite index is considered very useful to measure the business relative strength of individual technology and also to assign its relative ranking category instead of absolute ranking based on scoring valuation approach.

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Forecasting the Number of GMPCS Subscribers in Korea (범세계위성이동통신(GMPCS) 서비스 국내가입자수 예측에 관한 연구)

  • 주영진;박명철
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.24 no.8A
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    • pp.1115-1125
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    • 1999
  • This paper forecasts the number of GMPCS(Global Mobile Communications by Satellite) subscribers in Korea. Since GMPCS adopts nor only a new tecnology cor proved in the market yet, bot also a global service principle, it's service market involves a great deal of nucertainties in terms of technological and regulatory perspectives. This paper develops a modified diffusion which considers those uncertainties by identifying three environmental group of tactors. The parameters of the model are estimated through a scenario-based approach. By assuming a pessimistic and an optimistic scenarios with three environmental group of factors, the model forecasts 4,000 and 7,000 substcribers in the first year, and then 100,000 and 600,000 subscribers in 2005 respectively. The sensitivity analysis of the model also gives an implication of the future market growth. In the early period, regulatoyu and technological issues are found to be relatively important, but, in the later period, the interconnection issues and price-competitiveness will become increasingly important.

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The Impact of the Korean Wave (Hallyu) in a Global Business Context

  • KANG, Eungoo
    • Journal of Koreanology Reviews
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    • v.1 no.2
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    • pp.1-9
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    • 2022
  • Due in large part to the success of 'Korean Wave' (Hallyu) entertainment commodities, there was much discussion concerning the increasing recognition of Korean culture. With the government's help, South Korean pop culture has spread all over the globe, and Korean businesses have flourished thanks to their global competitiveness. The media in the surrounding areas were quick to catch on, and they all but declared the arrival of Hallyu. Despite a tragic and brutal history of invasions, wars, and dictatorships, South Korea has the 14th largest economy and is the 15th most significant country in terms of soft power. This is largely attributable to the country's leadership in technological and cultural revolutions. The enormous economic and political gains South Korea has experienced from its Hallyu phenomenon remain impressive and even threatening to other countries competing with it for cultural dominance. This is even though media figures in the country must constantly keep in mind new ways to maintain relevance and even enhance their favorability, as pop culture trends are transient and sometimes unpredictable. As South Korean culture spread to the West, Hallyu facilitated the export of several cultural artifacts, including classical music, theater, art, literature, and dance. The Baby Shark music video and song were both created by the Korean business Pink Fong.

Smart contract-based Business Model for growth of Korea Fabless System Semiconductor (한국 팹리스 시스템 반도체 발전을 위한 스마트계약 기반 거래 모델)

  • Hyoung-woo Kim;Seng-phil Hong;Majer, Marko
    • Journal of Advanced Navigation Technology
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    • v.27 no.2
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    • pp.235-246
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    • 2023
  • In the rapid technological development of artificial intelligence (AI), electric vehicles, and robots based the fourth industrial revolution, semiconductors determine the core performance, and semiconductor competitiveness is directly related to national competitiveness. However, the Korean semiconductor industry has continuously weakened its competitiveness in the system semiconductor field, excluding memory semiconductors, so in this study, a new smart contract basedblockchain business model to engage the global market, which is the most urgent need for the growth of Korean fabless system semiconductor industry in recession. F-SBM (Fabless-Smart contract based Blockchain Model) proposed. In this study, through the new F-SBM, it was verified how to engage new customers for fabless firms through smart contract based consortium blockchain regarding technology, economy, and reliability items of fabless. This model has great significance in improving the high entry barriers to engaging new customers for the long-cherished desire of the Korean fabless system semiconductor industry and deriving new growth solutions.