scholarly journals Sustainable Management of a Korean Firm: Transformation of the Value Chain in Cheil Industries Inc.

2012 ◽  
Vol 13 (2) ◽  
pp. 113-133
Author(s):  
Woo Jun

By using a new conceptual model of ‘Smile Curve’, this research strives to examine how Cheil Industries Inc. (CI) has been transforming its value chain to create its competitive advantage. According to the results, CI’s value-added structure in the past (conventional industrialization economy) was heavily reliant on the manufacturing sector, and therefore, the profit graph shaped an ‘Upside-down Shape of U’ indicating that production and manufacturing are the most value-added fields. However, CI’s current (knowledge-based economy) graph shows a ‘U with Fluent Curve’ indicating that R&D, human resources, corporate culture, firm infrastructure, manufacturing, logistics and marketing are simultaneously creating value-added for the company. This implies that CI’s value-added source is more diversified to fit with knowledge-based economy.

1998 ◽  
Vol 12 (4) ◽  
pp. 222-226
Author(s):  
Adelaide Maria Coelho Baěta

This paper examines the significance of the technology incubator in Brazil's transition from an industrial to a knowledge-based economy. The author examines how incubators can contribute to technology development and enterprise creation, stressing their ability to provide a two-way flow of information between higher education institutions and the private sector, breaking down the mutual distrust that has often hindered the successful exploitation of R&D in the past. The author discusses both the learning needs of companies and the ways in which universities need to change to adapt to the demands of the new knowledge society, placing this analysis in the context of how incubators can be organized to function efficiently. In illustration, she provides the working example of the Biominas Incubator in the state of Minas Gerais.


Author(s):  
Liudmyla Maliuta ◽  
◽  
Roman Sherstiuk ◽  
Halyna Ostrovska ◽  
◽  
...  

In a knowledge-based economy, the most important issues of modernity areas development – event management become especially relevant. Current trends in the development of such socio-economic activity areas as event management is directly represented in the practice of event tourism, within which the creation, planning, conduction and event management. In order to manage a modern system of event tourism, event management is called to summarize the existing experience, give practical recommendations taking into account the specifics of various events, as well as improving this system of relations. Event management becomes an innovative tool for achieving the goals of the organization at its all operation stages. It is also worthily to note the importance of using event management technologies in the formation of a positive organization image, corporate culture and increase its competitiveness in the market. The article highlights the scientific approaches to the interpretation of the category "event management" according to certain criteria and characteristics. The author's definition of the categories essences "tourism industry" and "event management" is given. It is proved that event tourism is a fast-growing industry, which in recent years occupies a dominant position in the general classification of tourism. The potential of event management in the tourism industry is revealed. The system of organization and event-management carrying out in the world practice is investigated and recommendations concerning its application in Ukrainian realities are substantiated. The state of event management in Ukraine is analyzed and perspective directions of its development within the tourist business are outlined. The practical significance of the obtained results is manifested in their usefulness for optimizing the event managers’ work in the process of creating, planning, organizing and conducting events, as well as for improving and increasing the efficiency of existing technologies in the event organization field. In addition, they contribute to the clarification of "event management" concept in Ukrainian scientific community. Prospects for further research are to develop the basic processes of event management, which form its essence.


2020 ◽  
Vol 5 (1) ◽  
pp. 72-85
Author(s):  
Daniel Badulescu ◽  
Alina Badulescu ◽  
Sebastian Sipos-Gug ◽  
Anamaria Diana Herte ◽  
Darie Gavrilut

The decisive role of the knowledge-based economy, and the importance of the ventures fostering the use of innovation and incorporating knowledge, high technology and creativity are nowadays worldwide recognised, even more so considering that the EU is in a permanent search for innovation as a source of and for competitiveness. Knowledge Intensive Business Services (KIBS) are expected to play a key role in the knowledge-based economy as a source of innovation and knowledge in production, dynamic hubs in knowledge-related networks, or intermediaries of innovation between the manufacturing sector and suppliers, partners and final consumers. Within this context, in the present paper we aim to investigate the complex relation between the knowledge intensive business services (KIBS) and the imperative of fostering the economic activity, both of the entrepreneurial dynamics and their macroeconomic effects. The analysis, performed at EU level, leads to interesting results, revealing a complex but contradictory relation between KIBS and economic activity, which is measured by the following main indicators: entrepreneurial density and macroeconomic dynamics.


2016 ◽  
Vol 20 (suppl. 2) ◽  
pp. 451-461 ◽  
Author(s):  
Andrea Katic ◽  
Ilija Cosic ◽  
Aleksandar Kupusinac ◽  
Marko Vasiljevic ◽  
Ivan Stojic

Knowledge-based economy has become a major trend in international society in the 21st century. However, today?s strategies place a greater emphasis on sustainability than in the past, while continuing to emphasize the importance of education and its connection with labour market. There has been a re-orientation, where resource, eco-efficiency and innovation have become major elements for achieving national objectives and a relevant level of competitiveness. This article deals with 30 indices, which define the competitiveness of a specific economy, and involve knowledge parameters. They are classified into four main categories and one special category. They are then analysed regarding the participation of Serbia and their availability. The main focus of this paper is to give detailed analyses of energy indices, as a special category of knowledge indexes. It has been shown that Serbia, in many cases, was not included in the study analysis or that there was insufficient information about Serbia?s position. This article shows that only a part of the presented indices includes Serbia. It is concluded that a new, revised model is needed that will include more exact indicators.


2008 ◽  
pp. 2266-2273
Author(s):  
I. M. Jawahar

Over the last decade, end-user computing has become an integral part of the organizational landscape. The emergence of end-user computing can be attributed to the necessity to manage and to effectively use information to function in a knowledge-based economy. Because of the increased organizational computing needs, computer literacy requirements have skyrocketed for clerical and support staff and for many middle and senior management positions (Bowman, Grupe, & Simkin, 1995). The proliferation of microcomputers and the availability of sophisticated user application tools (Shayo, Guthrie, & Igbaria, 1999) have facilitated the widespread implementation of end-user computing technology.


Author(s):  
I. M. Jawahar

Over the last decade, end-user computing has become an integral part of the organizational landscape. The emergence of end-user computing can be attributed to the necessity to manage and to effectively use information to function in a knowledge-based economy. Because of the increased organizational computing needs, computer literacy requirements have skyrocketed for clerical and support staff and for many middle and senior management positions (Bowman, Grupe, & Simkin, 1995). The proliferation of microcomputers and the availability of sophisticated user application tools (Shayo, Guthrie, & Igbaria, 1999) have facilitated the widespread implementation of end-user computing technology.


2018 ◽  
Vol 140 (2) ◽  
Author(s):  
Daniel J. Kelly ◽  
Fergal J. O'Brien ◽  
Patrick J. Prendergast

In July 2018, Ireland will host the World Congress of Biomechanics in Dublin. This Congress is held once every 4 yr and is the premier meeting worldwide in its field, with over 3000 people expected to visit Dublin in July. The awarding of the 2018 Congress to Ireland is a reflection of the strength of biomechanics and bioengineering research in this country. To mark this event, herein we describe the development of biomechanics and bioengineering research in Ireland over the past 40 yr, which has grown in parallel with the medical device industry as well as the expansion of Government investment in science, innovation, and a knowledge-based economy. The growth of this activity has resulted in Ireland becoming established as a global hub in the field.


1999 ◽  
Vol 13 (4) ◽  
pp. 315-322 ◽  
Author(s):  
Russell J. Lundholm

In the last few years the financial accounting model has been attacked on a number of fronts. Some argue that the model reports irrelevant information in today's knowledge-based economy, while others argue that the model's reporting discretion makes the results unreliable. Accruals allow the model to report wealth creation or depletion in a more timely manner, yet they also allow abuse when the underlying estimates are intentionally distorted. But surprisingly, the accuracy of the estimates underlying the accruals is never examined; rather current accruals are mixed together with the reversals of prior accruals. I propose that the financial reporting model be amended to report on the ex post accuracy of a firm's prior estimates. Doing so will identify firms that have abused their reporting discretion in the past and provide valuable information about the expected credibility of the firm's disclosures in the present. Firms will also have a greater incentive to make accurate estimates and accruals if they know that opportunistic estimates will be explicitly revealed in the future. Finally, accounting regulators might be more inclined to recognize nontraditional assets in the financial statements if a system is in place that gives firms an incentive to accurately estimate the value of these assets. In this paper I give an example of the type of disclosure I am proposing, discuss the benefits it offers to investors, and address some practical implementation issues.


Equilibrium ◽  
2019 ◽  
Vol 14 (3) ◽  
pp. 521-536 ◽  
Author(s):  
Anna Lewandowska ◽  
Mateusz Stopa

Research background: Innovation is a very important pillar within a knowledge-based economy, in the regional and local perspective as well. A literature review on innovation and SME innovation strategies to their correlation and the possibility of their joint examination. Purpose of the article: The aim of this paper is to explore the SME’s innovation strategies and their impact on effectiveness of innovation in a peripheral region. We investigate the effects of innovation activities not only among small and medium, but also micro firms which are not covered in official innovation surveys by the national statistical offices. We proposed a model of implementing innovation, and tested our hypotheses. Methods: Research was based on data drawn from CATIs carried out among 419 firms, therefore making a conceptual contribution to the knowledge on innovation strategy. The main statistical test for relationships and dependencies was the chi-square independence test. To arbitrate whether there were statistically significant differences between medians due to different factors among enterprises, analysis for variance (H Kruskal-Wallis’ test for k independent samples) procedure was implemented. Findings & Value added: The results of our research show that among SMEs in peripheral regions dominated those which we call ‘pragmatists’ and ‘imitators’ in context of their approach towards innovation. The significance of objective factors showed that there was a lack of enterprises that could play the role of ‘creators of innovation’ in the peripheral region. However, the examined firms more often noticed positive than negative aspects of introduced innovations, which is determined by the scale of enterprise; they were focused mainly on the consequences of innovation for their products and services.


2017 ◽  
Vol 7 (4-1) ◽  
pp. 153-162
Author(s):  
Seyed Mohamad Fahimi ◽  
Hossein Fakhari

Intellectual capital has an important role in this knowledge based economy era. The purpose of this study is to examine the mediating effect of financial performance on the relationship between intellectual capital and market share in the listed Companies in the Tehran Stock Exchange in this study to assess the intellectual capital, the rate of value-added intellectual capital that developed by Pulic (1998) is used. The sample included 99 companies listed in the Tehran Stock Exchange, for a period of five years from 2011 to 2015. The research findings show a significant positive relationship between intellectual capital and market share. Also the results show that there is no mediating effect of financial performance in the relationship between intellectual capital and market share.


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