• Title/Summary/Keyword: large companies

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Knowledge Exchange Activities and Performances in Software Industry Clusters: Focus on Firm Size Effect

  • CHO, Sung Eui
    • The Journal of Economics, Marketing and Management
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    • v.10 no.6
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    • pp.9-16
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    • 2022
  • Purpose: This research investigates the differences in knowledge exchange activities and performances between startups and large companies in software industry clusters. Research design, data, and methodology: Six independent factors of human resource information, R&D and technology, marketing knowledge, government support information, strategic knowledge, and cooperation information were extracted to test the firm size effect in the relationships with two performance factors such as satisfaction with industry cluster location and satisfaction with financial performances. Data were collected through a survey of entrepreneurs, managers, and employees and tested by statistical analysis methodologies. Results: Three independent factors of human resource information, R&D and technology, and cooperation information were particularly significant in the relationship with both dependent factors. Strategic knowledge significantly affected financial performance. Knowledge exchange activities were more important in startups than in large companies for all eight factors. Conclusion: Policies for software industry clusters need a different approach for startups and large companies.

Evaluating the Impact of Win-Win Growth Policy Announcements between Large Firms and SMEs on the Market Value of Firms (대기업-중소기업의 상생협력 정책이 기업가치에 미치는 영향: 이벤트연구방법론을 기반으로)

  • Baek, JongHyun;Kwon, Suhn Beom;Choi, Byounggu
    • Knowledge Management Research
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    • v.13 no.5
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    • pp.139-160
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    • 2012
  • Win-win growth between large companies and small and medium enterprises (SMEs) become a critical encomic and social issue in Korea. Korea government has been attempted to establish strong policy to build right win-win relationship between large companies and SMEs. Along with this strong drive from Korea government, a variety of strategies that enhance win-win relationships between large companies and SMEs have been adopted. Win-win growth policy is expected to provide positive impact on sustainable competitive advantage of firms. Therefore, many studies have focused on the win-win growth policy success factors, type of the policy, and the results of the policy. Although there is much literature on the win-win growth policy, the effects of win-win policy on firm value is not well understood. We addressed this issue by exploring how win-win growth policy influences a firm's market value using event study methodology. We evaluated the cumulative abnormal returns for win-win growth policy announced by Korean large firms from 2004 to 2012. The results of this study insisted that the announcements of win-win growth policy show negative impact on firm's market value, which is not consistent with previous studies. The findings of this study offer insights that may help government policy makers and managers to revise their policy for better outcomes of their win-win growth policy.

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Comparison of Collaborative Cooperation between Large and Small-Medium Enterprises and its Implications (국내 대기업 상생협력 사례비교 및 시사점 도출)

  • Song, Hyuck-Jun;Kwon, Sewon
    • The Journal of Small Business Innovation
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    • v.21 no.1
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    • pp.27-42
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    • 2018
  • As global competition has become more intense in recent years, collaborative cooperation and shared growth between large and small enterprises for enhancing competitiveness of enterprises have become an important social concern. In the long run, collaborative cooperation between large and small enterprises is becoming more important not only in terms of enhancing corporate competitiveness but also in terms of CSR and CSV. In fact, many large companies are strengthening collaborative cooperation. This study compares and analyzes collaborative cooperation cases of major Chaebol companies including Samsung Electronics, and derive implications for collaborative cooperation plan of large companies.

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The Effect of Foreign Direct Investment on Corporate Financial Performances: Focused on Comparison between Korean SMEs and Large Enterprises (해외직접투자가 기업의 재무성과에 미치는 영향: 한국의 중소기업과 대기업 비교를 중심으로)

  • Maeng, Seon Bae;Kim, Soon Choul
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.18 no.6
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    • pp.11-26
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    • 2023
  • This study aimed to empirically analyze the effect of Korean companies' FDI(Foreign Direct Investment) on their financial performances, particularly divided into profitability, stability, growth and activity, while comparing distinct financial performances between SMEs(small and medium-sized enterprises) and large enterprises whose corporate attributes are different from each other. As research subjects, this study selected FDI Korean companies from the directory of oversea-expanded companies of KOTRA(Korea Trade-Investment Promotion Agency) and used financial data from a total of 409 companies(136 SMEs and 273 large enterprises) with complete financial data for the first five years after the initial investment out of all the financial data from 1990 to 2021. The analysis results can be summarized as follows; In the profitability sector, FDI had positive effects on ROA(Return on Assets) and ROS(Return on Sales) of SMEs, while having negative effects on those of large enterprises to the contrary. In the stability sector, FDI had no statistical significance for SMEs, while having significantly negative effect on LEV(Debt to Equity Ratio) of large enterprises. In the growth sector, FDI had significantly negative effect on AGR(Asset Growth) of SMEs, but showed no significant results for large enterprises. In the activity sector, FDI showed no statistical significance for SMEs, while having positive effects on ATR(Asset Turnover Ratio) and FATA(Fixed Asset Turnover Ratio) of large enterprises. In conclusion, it was found that when having made FDI, SMEs and large enterprises showed different financial performances from each other in terms of profitability, stability, growth and activity.

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A Study for the factors of E-C adoption & realization benefit in Large and Small companies. (전자상거래 도입요인과 실현이익에 관한 연구 : 대기업, 중소기업을 중심으로)

  • Kim, Hyo-Jung;Lee, Dong-Man
    • Proceedings of the Korea Database Society Conference
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    • 2008.05a
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    • pp.1-11
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    • 2008
  • This study compares the reasons why Large and Small companies are adopting and realization benefit electronic commerce(e-commerce) based on an assumption of difference between two groups of companies. We collected data for contemporaneous analysis by classification with two groups of companies in Korea and developed an integrated model from the empirical studies and made Question papers for inspection of created hypothesis.

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A Study on Safety Awareness of High Risk Chemical Companies: (Focusing on Large Chemical Corporation) (고위험군(高危險群) 제조화학업체(製造化學業體)의 안전의식(安全意識) 실태(實態)에 관한 연구(硏究) (대기업(大企業) 화학업체(化學業體)를 대상(對象)으로))

  • Hur, Kwan-Heu;An, Hyung-Hwan
    • Journal of the Korea Safety Management & Science
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    • v.14 no.3
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    • pp.21-31
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    • 2012
  • This study was conducted in order to assist with infusing safety consciousness and resolving insensitivity towards safety for industrial accident in workers, managers and executives of chemical companies. Among many industrial accident prevention methods, Korea has been mostly taking an engineering approach of preventing industrial accidents by replacing old machines with risks of an accident and through new facilities and equipments. Through an attitude survey of workers in large scale chemical companies, this study wished to examine the fact that the biggest reason why the accident rate for the past 10 years has not decreased is because safety consciousness has not been established yet.

Study of Adopting factors for Electronic Commerce through Comparative Analysis with Large and Small Companies (전자상거래 도입요인에 대한 연구 : 대기업, 중소기업 비교 분석)

  • Kim, Hyo-Jung;Lee, Dong-Man;Ahn, Hyun-Sook
    • The Journal of Information Systems
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    • v.17 no.3
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    • pp.59-77
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    • 2008
  • This study compares the reasons why targe and Small companies are adopting electronic commerce(e-commerce) based on an assumption of difference between two groups of companies. We collected data for contemporaneous analysis by classification with two groups of companies in Korea and developed an integrated model from the empirical studies and made Question papers for inspection of created hypothesis. Hypothesis is composed with nine factors ; Customers, Suppliers, Pertner Firms, Competitors, Relative Advantage, Cost Compatibility, CEO's Innovativeness and CEO's Involvement. The research shows Large company is influenced significantly by Customers, Relative Advantage, Cost, CEO's Innovativeness and Small company is by Competitors, CEO's Involvement.

A Comparative Study on Implementation of Manufacturing Information System in Korean Manufacturing Companies (국내 제조기업의 생산정보시스템 활용에 대한 비교 연구)

  • Lee, Sang-Shik
    • Journal of Korea Society of Industrial Information Systems
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    • v.12 no.5
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    • pp.201-210
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    • 2007
  • The purpose of this study is to investigate the status of manufacturing information system (MIS) which has been introduced to enhance the manufacturing competitiveness in Korea and to enable statistical comparison of whether there are significant differences in implementing manufacturing information system between large companies and small and medium enterprises (SMEs). The result of the empirical test of 105 manufacturing companies in Korea showed that the utilization and satisfaction of MIS in large companies are significantly greater than those in SMEs.

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The Characteristics and Current Issues of 'TAMA Cluster Management' in Japan: A Case Study of TAMA Management (일본의 '산업 클러스터 계획 프로젝트'의 특징 및 시사점: TAMA산업활성화협회의 운영 사례를 중심으로)

  • 류태수
    • Journal of Technology Innovation
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    • v.13 no.3
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    • pp.225-255
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    • 2005
  • The similar point of the 19 regional industrial clusters of Japan is that all of the clusters are not limited to an administrational district but rather covers a larger area. When a cluster covers a larger area, there is problem of acquiring responsible businesses and interactive planing. In order to overcome such a problem, private coordinating organizations have been installed and operated to connect and manage inter-activities of industries, universities, and research institutes. TAMA, a private coordinating organization, differs from other associations in a way that it does not deal with one specific field or business. TAMA rather dealswith various product-developing small to middle size companies by offering strategic support for the development of new technologies and expansion of new businesses. Product-developing small to middle size companies comparatively have their own abilities for technological development and marketing which is quite different from other subcontract companies and their relations to large corporations. In such aspect, product-developing companies are actually similar to large corporations with competitiveness in the world market.

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HR Practices of IT-Based Companies in Korea

  • CHO, Yonjoo
    • Educational Technology International
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    • v.7 no.2
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    • pp.69-92
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    • 2006
  • The research question in this study was to see whether there were similarities and differences in HR practices of IT-based companies in Korea. Interviews with 12 HR executives and a survey of 51 IT-based companies showed that there were IT industry-specific HR practices, but no group differences except one. The only one difference between two groups (small- and medium-sized firms versus multinational corporations) indicated that the latter was better positioned in various HR practices. Four HR themes emerged from analyses of interviews and a survey data: business environment, workforce management, HR practices, and HR for competitive advantage. The fact that none from large companies was found to have female HR executive calls for an in-depth study of what is occurring and what could be done to better the workplace in terms of diversity. A large-scale study using diverse methods in the future will produce more meaningful findings on HR practices in IT-based firms in Korea.