• Title/Summary/Keyword: new growth industry

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A Study of Technology Development Strategy & Management Performance on New Technology-based Firms of IT Industry

  • Kim, Kwan-young;Oh, Hyun-Mok;Park, Myeong-cheol
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.10a
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    • pp.255-258
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    • 2000
  • Technology development strategy factors which are summarized as technology's integration, technology's rotation, and technology's receptiveness are generated by technology development variables through survey of new technology-based firm of IT industry. They have the significant influence on management performance such as Net Sales Growth Rate, ROA and ROI.

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하청형 중소기업의 전략적 기업혁신 -기술베이스의 동태적 다각화를 중심으로 -

  • 류태수
    • Journal of Technology Innovation
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    • v.8 no.2
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    • pp.97-117
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    • 2000
  • TOEM strategy is widely used in Japan and Korea because of the diverse advantages such as cost sharing, technology transfer, equipment lease and base technology acquisition between parent company and OEM supplier. There are, however, some disadvantages that (1)OEM suppliers are likely to be reactive to environmental changes and (2) may have difficulty in building competitive position and long-term growth. When the parent company relocates its plant to foreign countries to achieve lower labor cost or to enhance value added this change will affect directly the OEM supplier's outcome. The parent company's divestiture from existing businesses will also affect the OEM supplier. For the OEM supplier to survive in face of these strategic changes it must enter the new countries with the parent company. Alternatively, the OEM supplier must actively diversify its technologies based on its core capabilities of existing product and process technologies and seek new business arenas. The strategy of aligning its businesses with the parent company's new business strategy allows the OEM supplier to share the new market while it requires the OEM supplier to develop core capabilities. In Korea many small and medium sized OEM suppliers are dependent on a few large companies. For the industry structure in Korea where industry concentration is extremely high OEM suppliers should move away from the past strategy, where they are dependent on the parent company's low profitability businesses. They should actively enter new businesses for which parent companies enter to achieve long-term growth.

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The Effect of Artificial Intelligence on Economic Growth: Evidence from Cross-Province Panel Data

  • HE, Yugang
    • Korean Journal of Artificial Intelligence
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    • v.7 no.2
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    • pp.9-12
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    • 2019
  • With the Chinese government's attention to the artificial intelligence industry, the Chinese government has invested a lot in it recently. Of course, the importance of artificial intelligence industry for China's economic development is increasingly significant. The advent of artificial intelligence boom has also triggered a large number of scientists to analyze the impact of artificial intelligence on economic growth. Therefore, this paper use 31 China's cross-province panel data to study the effect of artificial intelligence on economic growth. Via empirical analyses under a series of econometric methods such as the province and year fixed effect model, the empirical result shows that artificial intelligence has a positive and significant effect on economic growth. Namely, the artificial intelligence is a new engine for economic growth. Meanwhile, the empirical results also indicate that the investment and consumption has a significant and positive effect on economic growth. Oppositely, the inflation and government purchase have a significant negative effect on economic growth. These findings in this paper also provide some important evidences for policy-makers to perform precise behaviors so as to promote the economic growth. Moreover, these finding enriches existing literature on artificial intelligence and economic growth.

Policy Directions for Human Resources Development in the New Growth Engine Industries Based on the Analysis of the U.S. Green Job Training Framework (미국의 그린직업훈련체계 분석을 통한 우리나라 신성장동력분야 인력양성 정책방향 도출)

  • Om, Kiyong;Lee, Moonsu;Kwon, Oh-Young;Rim, Kyung-Hwa
    • The Journal of Korean Institute for Practical Engineering Education
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    • v.4 no.1
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    • pp.119-131
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    • 2012
  • This study investigated the U.S. green job training framework and specific training programs designed to respond to diverse green skill needs of industry at the federal and state level, and looked for policy directions for improving governmental job training programs in the field of new growth engine industries of Korea. As with any training program, training programs for green jobs should be responsive to the particular economic growth potential, employer needs, and workforce realities in a given country or region. The findings of the study are expected to contribute to enhancing the effectiveness of the Korean job training programs in the new growth engine industries.

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A Study on Policy Trends and Location Pattern Changes in Smart Green-Related Industries (스마트그린 관련 산업의 정책동향과 입지패턴 변화 연구)

  • Young Sun Lee;Sun Bae Kim
    • Journal of the Economic Geographical Society of Korea
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    • v.27 no.1
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    • pp.38-52
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    • 2024
  • Digital transformation industry contributes to the improvement of productivity in overall industrial production, the smart green industry for carbon neutrality and sustainable growth is growing as a future industry. The purpose of this paper is to explore the status and role of the industry in the future industry innovation ecosystem through the analysis of the growth drivers and location pattern changes of the smart green industry. The industry is on the rise in both metropolitan and non-metropolitan areas, and the growth of the industry can be seen in non-metropolitan and non-urban areas. In particular, due to the smart green industrial complex pilot project, the creation of Gwangju Jeonnam Innovation City, and the promotion of new and renewable energy policies, the emergence of core aggregation areas (HH type) in the coastal areas of Honam and Chungcheongnam-do, and the formation of isolated centers (HL type) in the Gyeongsang region, new and renewable energy production companies are being accumulated in non-metropolitan areas. Therefore, the smart green industry is expected to promote the formation of various specialized spokes in non-urban areas in the future industrial innovation ecosystem that forms a multipolar hub-spoke network structure, where policy factors are the triggers for growth.

A Case Study of New Franchise Brand Launching Through Proactive Market Response: BEERBARKET'S Successful Story of INTO FRANCHISE SYSTEMS (선행적 대응을 통한 프랜차이즈 뉴비즈니스 런칭 사례 : (주)인토외식산업의 맥주바켓 성공사례)

  • Seo, Min-Gyo
    • The Korean Journal of Franchise Management
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    • v.3 no.1
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    • pp.111-129
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    • 2012
  • Domestic franchise industry is a promising business to more than 10% per year growth rate and emerging as core of retail. In addition, due to the socio-cultural phenomena, including the retirement of the baby-boom generation, the growth of the franchise industry for some time expected to continue. But Domestic franchise reveals that limits to ensure for new franchisees because that few industries are concentrated to advance for franchisor and franchisees. Franchisors that within the industry came to a saturated, are for the growth and expansion of business into new industries to deploy as second, third brand. But reality is that the more success rather than failure. Therefore, in this study is a new brand development approach and case study results it focus on the BEERBARKET's successful story of INTO FRANCHISE SYSTEMS, INC. Case analysis results of this study, are reveled that franchise headquarters derived through research methods and research information, environmental survey and analysis should be continuously and objectively. Thus, based on the derived contents, the new brand Biz-Model should be established for recognition from the industry and customers. Ability to respond sensitively to changes in the environment and business activities can be associated with linking franchise headquarters belonging to the saturated competitive environment more is needed. Through proactively respond Franchise New business launching instance that BEERBARKET's successful story of INTO FRANCHISE SYSTEMS, INC. suggests the need to study about how to respond to environmental changes.

Analysis on Regional and Industrial Disparity of Employment in Korea (우리나라 지역 및 산업간 고용격차 분석)

  • Choi, Myoungsub;Cho, Kang-Joo;Kim, Myeong-Soo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.4
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    • pp.34-41
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    • 2018
  • This paper studied balanced regional development focused on employment in Korea, by analyzing regional disparity between regional and industrial employment. A Gini-coefficient decomposition method and Panel Granger causality test were conducted, using raw data of the Census on Establishments reported by the Statistics Korea. The regional and industrial disparity of employment, based on the Gini-coefficient decomposition method, have increased by year. However, the growth rates of disparity are on the decrease. Most of employment disparity occurred from regional disparity between SMA (Seoul Metropolitan Area) and Non-SMA. Industrial disparity are occurred mainly by the service industry. The amount of contribution to the whole disparity of inter/intra regional employment was differed by each industrial sector. Also the causal relationship between employment growth of manufacture and that of service industry was analyzed by Panel Granger causality test. In national level, the employment growth in manufacture industry has conduced that in service industry. On the other hand, in the Non-SMA, only the employment growth in manufacture industry has augmented that in service industry. In conclusion, to reduce employment disparity, the strategy for balanced regional development should be emphasized. Different strategies are needed across regions and industries. Basically creating new job in the Non-SMA is inevitable. In view of stable employment, manufacture industry is more desirable rather than service industry.

Quantifying Risk Factors on Cost Performance By Characterizing Capital Facility Projects

  • Jang, Myung-Hoon;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.4 s.32
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    • pp.177-183
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    • 2006
  • Risk-based estimation has been successfully introduced into the construction industry. By incorporating historical data associated with probability analysis, risk-based estimate is an effective decision support aid in considering whether to launch a particular project. The industry challenges, however, especially related with management issues, such as labor shortage, wage growth, and supply chain complexity, have often resulted in poor cost performance. The insufficient assessing the project characteristics (i.e., resource availability, project complexity, and project delivery method) can be the main reasons in the poor cost performance. Because the accuracy level of cost performance prediction can be enhanced by extensive evaluation of the subject project characteristics, a new approach for predicting cost performance in an earlier stage of a project can improve the Industry substantiality, in other words, value maximization. The purpose of this paper is to develop a new methodology in developing a risk-based estimate tool by incorporating extensive project characteristics. To do this, an extensive industry survey was conducted from both private and public sectors in building industry in Korea. In addition, significant project characteristics were identified in terms of cost performance indicator. Although the data collection is limited to Korean industry the suggested approach provides the industry with a straightforward methodology in risk management. As many researchers maintained that front-end planning efforts are crucial in achieving the successful outcome in building projects, the new method for risk-based estimation can Improve the cost performance as well as enhance the fulfillment in terms of business sustainability.

Proposals for Creating Global Brand and Factitious Market Demand for Robots establishing Robot Theme Park (로봇테마파크 구축을 통한 글로벌 브랜드 및 로봇수요창출 방안)

  • Ryuh, Young-Sun
    • The Journal of Korea Robotics Society
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    • v.2 no.4
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    • pp.346-352
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    • 2007
  • As the new industry of this 21centuries, theme park is the important position to the front leader countries as a new growth engine due to its industrial-economical and cultural-social effect. While domestic theme park industries show lower competitive position with global theme park in aspect of management and qualities and have weak brand power. The global situation of present service robot industry of the world is the beginning stage and the time for strengthening competitive position and the best opportunity becoming global leader of world markets by prior occupation through provision of factitious market creating big demand. Robot theme park is possibile to provide such big demand of various robot and this paper present of ideas for robot theme park.

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A progressive course of the Next Generation High-Speed Rail Development Project (차세대 고속철도기술개발사업 추진방향)

  • Kim, Ki-Hwan;Park, Chan-Kyoung;Kim, Suk-Won
    • Proceedings of the KSR Conference
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    • 2006.11b
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    • pp.1228-1233
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    • 2006
  • Since 1996, the G7 R&D and High-Speed Rail development project have been accomplished and it will be completed in 2007. During that time, we have achieved the origin design technique based on technique development experience. However, in order to magnify and to promote the growth of the origin design technique for railway industry to be a growth motive industry in future from intensive speed elevation and new technique competition of advanced nations, we need to prepare the next generation high-speed rail technique and to sustain expansion of the technique with getting hold of new technique tendency of the world. Therefore, this paper make research into necessity of the next generation high-speed rail development project, making an analysis of foreign countries cases and forward plan.

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