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- Kyeong S Han (Soongsil University)
- Myung Jin Lee (Soongsil University)
- Bang Nam Jeon (Drexel University)
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[논문다운받기]
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| This study aims to identify major determinants of the adoption of e-Commerce(EC)and the extent of EC development in Small and Medium-size Enterprises (SMEs) in Korea. Based on the technological innovation and information system literature, this study develops an integrated model of EC adoption and expansion which is applicable to the Korean SMEs. A questionnaire survey was conducted to empirically test the integrated model. The estimation results supported the model, in general, and the major hypotheses on EC adoption and expansion. Statistical analysis on the survey data shows that EC adoption decision by Korean SMEs is made mainly on the basis of CEO characteristics, EC system characteristics, and firms' organizational characteristics, while EC system characteristics, and firms' competition environment play important roles in EC expansion. The Korean government plays an important role in EC adoption, but its role abates in the process of EC expansion. In the end, the paper also suggests several implications on government policies for the EC establishment in Korea and directions of future research. |
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- Lee Kang Ok (Cho Sun University)
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[논문다운받기]
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The purpose of this paper is as follows. First, to contribute the establishment of the New Labor-Management culture by analyzing and arranging the main factors to the creation of new labor culture for the superior companies which have overcome the management crisis by the creation of new labor culture through confidence and cooperation. Second, to draw the core factors for the contribution of the creating the New Labor-Management culture by analyzing the effects of Management Style on the New Labor-Management Culture.
The empirical results show the following. First, the influence analysis by Management Style on the New Labor-Management Culture shows the positive(+) sign by the constructive style, the negative(-) sign by the attactive-defensive style, and passive-defensive style. Second, the differention analysis according to the enterprise size shows the significant level in terms of the affiliation by Company A, the customary behavior by Companies A, and B, humane encouragement by Companies B, and C, and the perfectionism by Company C.
The limitation of this paper is that the theoretically explorative attempt is made and only 3 companies located in Gwangju-Jeonnam area is the subject for empirical study. Next study will overcome these limitations. |
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- Chun Bang Jee (Hoseo University)
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[논문다운받기]
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The purpose of this paper is to examine the similarities and differences in the women's SME business ownership in Korea and in the U.S. The Korean data for this study was collected by conducting a survey of the national representative sample of women entrepreneurs in Korea. We did a comparative analysis of the Korean data and the existing U.S. data. Despite differences in the business environment and socio-economic conditions in the two countries, we found more similarities than differences when it comes to women's entrepreneurship. In Korea, women business owners comprise 32.4% of all the business owners, while in the U.S., women business owners are found in 38% of the total firms. Almost all the women owned firms are SMEs and are relatively smaller, younger than men owned businesses. In both countries, women's businesses are concentrated in a very small number of 'female industries'. A trend worth nothing is that recently, the number of the women owned business has shown a rapid increase.
Regarding the start-up process and the ways of management, women's businesses in the two countries reveal very similar characteristics. In the start up process, women create their businesses from scratch, and the intrinsic motivation of entrepreneurship propels business creation. Women mobilize their start up capital mainly through their personal capital and the their former job has a great impact on their business creation. Women in both Korea and the U.S. demonstrates a cooperative leadership style, have a relatively flat hierarchy, and show great concern in details, invest significantly in employee welfare measures. |
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- Kim Jae Kyung (Hannam University)
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[논문다운받기]
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| This study uses frameworks from the PIMS model and strategic alliance literatures to explore the relationships among the relative market share and symbiotic alliance in small and medium-sized suppliers. Statistical industrial equipment, auto parts and electrical, and electronic equipment industries leads to the development of a typology of symbiotic market strategy which is useful in explaining the difference of the business performance of various types of suppliers. |
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- Huh Young Pin (Chung Ang University)
- Shim Sang Gyoo (Korea Credit Guarantee Fund)
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[논문다운받기]
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The intellectual assets play a major role in creating firm-value. As corporations actively allocate resources on intellectual assets to maximize value, the importance of intellectual assets is gradually increasing. The conventional accounting system in general does not allow capitalizing resources spent on creating intellectual assets but requires them to be treated as costs. This in turn keeps management from investing in intellectual assets and results decrease in competitive power of the company.
This study attempts to measure intellectual assets and tests the usefulness of intellectual assets information on the failure prediction of medium and small businesses. The results are as follows. First, the intellectual asset measured by NCI model constitutes average 30 percent of tangible assets. When the intellectual asset is incorporated on balance sheet, amounts of assets and capital increase by 21% and, 58% compared to those of conventional balance sheet, respectively. The debt to equity ratio is improved from 224% to 132%. Second, multiple logistic regression results seem to indicate that the intellectual assets ratio [(total assets-intellectual assets)/total assets] shows significant positive relationship with company failures. This result is as expected. The results of this study seem to justify arguments that accounting standard-setters should enact the accounting standards requiring the measurement and disclosure of intellectual assets and that credit rating companies and financial institutions should take intellectual assets positively into their considerations. |
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- Yeong Sam Yun (Pukyong University)
- Jae Hong Seo (Muhak Co)
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[논문다운받기]
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A goal of this study is to explore the improvement scheme of IT venture company's Human Resource Management (hereafter called HRM) in Busan.
In order to achieve this goal, this study examined the peculiar trend of venture company's HRM and the trend of IT venture company in Busan and analyzed the reality of IT venture company's HRM in Busan by the survey method.
As a result, this study found that IT venture company's HRM in Busan is mix of relation-oriented and transaction-oriented type and the level of dissatisfaction and intention of separation are relatively high. Therefore this study suggested that there is need to carry out improvement scheme such as the more formalization of HRM, the enlargement of a public employment, the enlargement of the individual based education and training opportunity, the improvement of the reward through the introduction of a various reward system, the increasing of presentation of vision and the activating of a joint labor-management council. Also this study suggested that in order to improve HRM the education system for top managers of venture company is needed.
Lastly, limitations of this study and suggestions for the study were suggested. |
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- Jeon Sang Gil (Hanyang University)
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[논문다운받기]
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| The purpose of this study is to identify what types of top management team composition are existed and the relationships between each cluster and corporate performance, with the perspective of the retained competencies and diversity. Data collection and telephone interviews are conducted on a random sample of top teams including CEOs of 75 firms drawn from 40 industries within the Korean manufacturing industry, Mainly located in Banwol/Sihwa Industrial Complex. The result shows that 4 clusters are driven from the dimensions of expertise on core-function. experiences from other organizations/other industries, education level, age diversity, birth diversity. Among them, the firms of cluster which have the homogeneous age and experiences from other organizations/other industries reveals higher performer. Some limitations and future research directions are also discussed. |
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- Ji Woo Lee (Keimyung University)
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[논문다운받기]
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| The study is undertaken to examine the factors leading to innovativeness are analyzed form the data collected through a mail survey of 98 small and medium sized manufacturing firms. It also investigates whether firm's age moderated the effects of those antecedents. The results show that the patterns of relationships in multiple regression models are substantially different from those found in product moment correlation analyses. The relationships between SME's innovativeness and 12 facilitators varies substantially from younger to old firms. These results suggests that small and medium sized firms' Innovativeness should be understood as a results of complicated effect of various facilitators. The findings also confirms the assertions that the determinants of SME's innovativeness are different along with firm's age. It implies that firm's age should be considered as an moderator in order to capture important differences in the effects of environmental and organizational variables on SME's innovativeness. |
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- Song Jae Hoon (Woosuk University)
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[논문다운받기]
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The purpose of this study is to finding out business performance investing in China in case of Korean medium & small enterprises. Empirical test was conducted on evaluating the interrelation among Business Performance Factors. Investment Decision-Making Factors, Environmental factors.
Major empirical results are summarized as follows:
First, guarantee of market base was positively significant with short-term performance.
Second, invest information and area were significant with investment decision-making factors.
Third, chinese labor's productivity was very influential to the short-term performance.
Fourth, in the long term performance, using partner's negotiation power and validity of information was negatively significant, but Chinese labor's productivity was positively effective with performance. |
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- Sang Hyeon Kim (Yeungnam University)
- Sang Hyun Oh (Yeungnam University)
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[논문다운받기]
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| Recently, electronic commerce between company and consumers through internet is growing rapidly. This article examines the effects of internet shopping mall characteristics on satisfaction, trust, and loyalty. Drawing from infomation system, service, and retailing, this study identifies system quality, product perception, shopping mall reputation, guaranty, customer concern, and community as internet shopping mall characteristics and empirically investigates their relationships. The study results confirm that shopping mall characteristics have significant effects on satisfaction and trust. Also, satisfaction and trust directly influence Internet shopping mall loyalty. This study contributes to the understanding of the role of internet shopping mail providers in online shopping situation. |
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- Yoo Sang Hee (University of Dongeui)
- Park Kwang Soo (University of Dongeui)
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[논문다운받기]
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The authors illustrate the current situations and problems of small and medium enterprises (SMEs) in Busan arena. And this article studies the core of main reasons why SMEs in Busan are suffering the business slump so hard recently. It may include world economic circumstances, lack of effective policies or strategies, and weakness of regional industrial structure.
Recently, government policies for SMEs consists mostly of financial aids aiming the short-term effects. And it has been too much relied on central government and 'so-called' industrial targeting.
This study suggests the new supporting policies for SMEs such as the construction of regional innovation system based on industrial cluster and promoting the supply chain management(SCM), which were stressed on the business innovation and the role sharing and cooperation between the central government and the regional government. |
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- Roh Seung Hyuk (Sungsim College of Foreign languages)
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[논문다운받기]
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An agreement of WTO allows the WTO members to take a safeguard action when they have critical damage on their industry, e.g., the breakdown of the allied industries due to imported commodities. South Korea is also uting this system even though there have been many problems in relation to it. This paper sets out to review such problems and to suggest some strategies to improve the system.
First, it is suggested that the possibilities of disputes and troubles should be removed by clarifying the criteria explicitly. Second, concerning the several relief projects for the industry damage, which have been decentralized wrongly by different laws, they should be integrated and then operated effectively and efficiently. Third, it is important to establish the reliability and validity of the judgement and relief actions that the trade committee forms in connection with the damage; Otherwise, it might be unable to secure objective views of foreigners. Finally, a special courthouse is required to deal with such trade disputes exclusively. |
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