• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.38
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• pp.377-408
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• 2008

Globalization of R&D activities of multinational firms is becoming important in compared with the past, because of increasing globalization of world economy. So, every country tries to attract foreign investment including R&D activities. In this paper, effects of several factors, which determine the scale of foreign subsidiary's R&D activities in local market, are analyzed. Through the review of previous literature, I found that three groups of determinant factors. The first one is the factor which is related to characteristics of local market, such as competitive situation of local market, accessability to research institutions, etc. The second group is the factor which is related to relationship between foreign subsidiary and its mother company. The dominant factors of this group are operation strategy of foreign subsidiary, competitiveness of mother firm, and equity structure of foreign subsidiary. Finally the characteristics of industry affect to the scale of foreign subsidiary's R&D activities. Among these factors, 6 factors are chosen to investigate empirically. For the empirical investigation, 107 foreign subsidiaries among KOITA(Korea Industrial Technology Association)'s list are chosen. Each subsidiary has more than 50% of foreign equity and implement R&D activities in Korea. The results show that sales volume of foreign subsidiary is dominant influencing factor in determining scale of R&D activities in Korean market. And also I found that currently established firms are implementing more R&D activities than old established firms. This is quite interesting finding. However, R&D activities of foreign subsidiary are not vitalized in Korean market. It probably means that Korean government and Korean business partners have to make effort to enhance foreign firms/ R&D activities, because it could contribute technological and economic development of Korean market.

• Journal of Korea Trade
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• v.24 no.8
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• pp.189-206
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• 2020

Purpose - This paper attempted to verify the process by which a multinational corporation (MNC)'s subsidiary practices entrepreneurship to create effective knowledge (KC) in the local market. We have looked at whether subsidiary entrepreneurship (SENT) has a moderation effect in creating knowledge for the local market when a subsidiary has been given autonomy (AUT) from the headquarters (HQ). We also argue that when a subsidiary creates meaningful knowledge, the effect of the increased status by the HQ within the MNC network position (NP) has an indirect effect on whether knowledge is transferred to other overseas subsidiaries (KTO). Design/methodology - This paper used a structural equation model (SEM) of 282 effective foreign companies invested in Korea. To test the hypothesis about the process of SENT on KTO, descriptive statistics, confirmatory factor analysis, reliability, convergent and discriminant validities, and common method bias were analyzed using STATA. In addition, the moderation effect was verified along with SEM. The moderation effect of AUT on SENT and KC was presented graphically by confirming \mathrm{\pm1} standard deviation of AUT for the main effect. Findings - Our findings are as follows. First, while the hypothesis about the direct effect of SENT and KC on KTO was not supported, all other hypotheses were supported. Second, both the AUT and moderating effect and the indirect effect of NP were significant. In the conclusion, these findings are discussed in relation to its various theoretical and practical implications. Originality/value - This study attempted to contribute to the knowledge creation theory of MNC by contemplating how subsidiaries can move away from HQ and grow in the local market. Although there is still a shortage of foreign investment in the Korean market, our practical implications offer guidance for how current subsidiaries can develop more than other overseas subsidiaries.

• International Area Studies Review
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• v.15 no.1
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• pp.425-446
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• 2011

There has been a conventional wisdom that a higher level of autonomy of a foreign subsidiary could lead to a higher level of subsidiary performance. Most MNCs seeking for managing localization efficiently followed this wisdom. But there has been no empirical evidence so far in academic journal that there is a clear positive relationship between subsidiary autonomy and performance. Recently most MNCs are trying to pursue a global strategy for managing foreign sudsidiaries, in which the coordination role of parent company is essential. For the MNCs seeking global strategy the coordination role of the parent and subsidiary autonomy appears to have a trade off relationship. It is uncertain in the situation that the positive relationship between subsidiary autonomy and performance is still effective. Therefore the purpose of the study is to provide an empirical evidence of the the hypothesis that there is a positive relationship between subsidiary autonomy and performance, The study utilized the questionaire survey of Korean subsidiaries of MNCs. The empirical results of the study showed the significant positive relationship between two variables, which is cinsistent to the hypotheses.

• Transactions of the Korean Society of Mechanical Engineers A
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• v.24 no.3 s.174
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• pp.728-734
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• 2000

An asymmetric actuator can be used to reduce the distance between the reflective mirror and objective lens of a small optical disk drive for use in the notebook-sized personal computer data storage devices. However, this asymmetric actuator is very sensitive to the subsidiary resonance which is caused by its rigid body motion. In this paper, an analytical approach using a simple lumped parameter system model is presented with a physical insight to investigate why the subsidiary resonance occurs. The finite element method is used to figure out the force and torque characteristics of the asymmetric actuator which are essential to understand the subsidiary vibration characteristics. The frequency responses are presented to examine how the subsidiary resonance is altered for various situations of having different thickness of a yoke and permanent magnet and of having a different magnet circuit. Finally, the design guidelines to avoid the subsidiary resonance will be presented.

• Journal of Distribution Science
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• v.13 no.8
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• pp.15-25
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• 2015

Purpose - There is a lack of research on how much corporate control is sufficient for effective subsidiary business-related decision making. To address this research gap, this study analyzes the impact of the level of control of a Korean corporation's headquarters on its overseas subsidiary performance. Research design, data, methodology - The study's sample comes from the Overseas Korean Business Directory of KOTRA. A multiple regression analysis empirically confirmed the relationship between the headquarters level of control over the subsidiaries and their performance. Results - The results show that the greater an organization's headquarters control over strategic issues, the greater the subsidiary's non-financial performance. However, quick decision-making through decentralization promotes the rapid selection of successful new products that can provide a competitive advantage. Conclusion - This study shows that the impact of control levels on subsidiary performance depends on the type of control involved. Specifically, while low levels of control over operational issues had a positive (+) influence on subsidiary non-financial performance, high control levels led to improved non-financial performance with regard to strategic issues among the subsidiaries.

• Proceedings of the Korea Institute of Fire Science and Engineering Conference
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• 2012.04a
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• pp.38-41
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• 2012

This study aims to analyze fourteen cases' HRR & SPR results on bed mattress's reaction-to-fire test in real scale where open flame burner system is used with total heat supply of 27 kW. Most cases show all burning within 5 minutes from the beginning of the test and 3 cases of them reach flashover situation.

• International Area Studies Review
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• v.22 no.1
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• pp.61-78
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• 2018

Foreign subsidiary operation modes can be broadly divided into horizontal subsidiaries and vertical subsidiaries. According to institutional theory, foreign subsidiary operation mode differs depending on the host country institution. This study examines the effects of formal and informal institution on the foreign subsidiary operational mode of Korean firms. As a result of the empirical analysis, the higher the cultural distance and the lower political risks, the more favored the vertical foreign operation mode than the horizontal foreign operation mode. On the other hand, the higher the economic freedom and the lower corruption, the more favored the horizontal foreign operation mode than the vertical foreign operation mode.

• Proceedings of the Korea Institute of Fire Science and Engineering Conference
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• 2005.11a
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• pp.259-265
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• 2005

• Proceedings of the KIEE Conference
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• 2006.05a
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• pp.57-59
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• 2006

In this study, we experimented a deterioration characteristics by series arcing with 600V polyvinyl chloride insulation wire and analyzed the glowing/growing process of copper oxide, waveforms of contact voltage, current, power dissipation and carbonized patterns of insulation. We know that how glowing contacts and surface arcing can decompose PVC insulation and that it is possible for the subsequent series arc to ignite, and burn insulation. We expect that these results are useful for advancing the state-of-the-art in fire protection by Providing a better understanding of how electrical fires can initiate.

• Proceedings of the KIEE Conference
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• 2006.05a
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• pp.41-43
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• 2006

This paper deals with a comparison of individual and common grounding method for potential rise. When a test current flowed through grounding electrode, potential rise was measured and analyzed for grounding method using a electrolytic tank in real time. The grounding electrodes were designed and fabricated with ground rods on a scale of one-eightieth. Potential rises of individual grounding method were higher than those of common grounding method. The distributions of surface potential are dependent on the distance from grounding electrode.