Executive Insights: The Korean Automobile Industry—Challenges and Strategies in the Global Market

1996 ◽  
Vol 4 (4) ◽  
pp. 85-96 ◽  
Author(s):  
Dong-Ok Lee ◽  
Keunchul Lee ◽  
Jae-Jin Kim ◽  
Gill-Chin Lim
Keyword(s):  
Automobile Industry ◽  
World Market ◽  
Global Market ◽  
Management Style ◽  
Motor Vehicles ◽  
Role Of Government ◽  
Production And Consumption ◽  
The World ◽  
The Government

This article deals with the current challenges and future strategies for the Korean automobile industry in the global market. To understand its strengths and weaknesses, the trends of the world market for motor vehicles and the development of the Korean automobile industry are discussed. In the first part, Korea's automobile production in the world market is examined. A brief overview of the production and consumption of automobiles is provided along with a description of the four-stage development of Korean car production. In the second part, various forces of production are identified that affect Korean automakers’ competitiveness in the global market. Capital formation, labor relations, the role of government, management style, production technology, research and development, and workmanship are discussed briefly. Finally, in light of current observations, some of the challenges for the Korean automobile industry in the future are pointed out and some recommendations for automakers, labor, and the government are offered.

scholarly journals Performance and suggested alternative strategies in developing Indonesian cocoa export business

1970 ◽  
Vol 25 (2) ◽  
Author(s):  
Bambang Dradjat ◽  
Herman Herman
Keyword(s):  
Strategic Alliance ◽  
World Market ◽  
Cocoa Bean ◽  
Affecting Factors ◽  
Plant Materials ◽  
Alternative Strategies ◽  
Role Of Government ◽  
Regional Budget ◽  
The Government

This research focussed on the export development of cocoa bean with respect to its export growth, values and competitiveness. Based on this deve-lopment, the aim of this research is to propose alternative development strategies of export business for cocoa bean in the future. The Analysis Hierarchie Process (AHP) framework of export business of cocoa bean was arranged consecutively from formulation of focuss or goals, identification of affecting factors and actors, deter mination of actor objectives, and recognition of alternative strategies needed. Each component of goals, factors, actors, objectives, and alternative strategies were valued on the basis of their importance using Saaty scales. Results of interviews with experts were analyzed using AHP technique. The development of cocoa bean export from 2000 to 2006 showed the competitiveness position of Indonesia in the world market was fairly good. In order to increase the growth and values of cocoa bean export, the experts consider the role of government as regulators and facilitators is very important. The government became the main actor for the export development through de/regulation related to the cocoa bean commodity. The objectives of actors could be achieved by combining strategies (i) provision of fund in national and regional budget, as well as other sources (ii) implementation of recomended technologies of cocoa, (iii) acceleration of replanting program, (iv) improvement of research productivity in producing high yielding plant materials, (v) development of transportation facilities from farms to harbours, (vi) development of farmers’ organization and partnerships as well as strategic alliance, and (viii) pests and diseases control. Key words: Cocoa bean, expor, role of government, objectives and strategies.

Challenges for the Internationalization of SMEs and the Role of Government: The Case of Malaysia

2012 ◽  
Vol 13 (1) ◽  
pp. 97-122 ◽  
Author(s):  
Fariza Hashim
Keyword(s):  
International Market ◽  
Business Environment ◽  
Emerging Countries ◽  
Global Market ◽  
Market Knowledge ◽  
Role Of Government ◽  
The Government ◽  
Malaysian Government

SMEs presence is significant nowadays to most economies, particularly those from emerging countries. The internationalization of these firms is no longer an option; it is indeed necessary for them to follow the wave of globalization. Despite of their constraints, Malaysian SMEs are struggling to expand into the international market and compete internationally to sustain their foothold in the country. Various factors have forced SMEs in Malaysia to engage internationally, however the ventures are arduous to be accomplished independently. As a result, the Malaysian government has initiated various efforts in supporting them to stand in the international arena. Many agencies have been established and numerous programs have been developed to encourage SMEs internationalization. This study aims to unfold the challenges faced by SMEs from emerging countries in expanding internationally by examining the business environment in the country. The study finds that, despite various supports offered by the government, Malaysian SMEs continue to struggle in the global market due various factors including market knowledge, technological and skills capabilities, and products quality.

India’s Kochi Biennale: sponsorship, patronage, and art’s resistance

2019 ◽  
Vol 9 (1) ◽  
pp. 16-31
Author(s):  
Annamma Joy ◽  
Russell Belk
Keyword(s):  
Contemporary Art ◽  
Art World ◽  
Future Directions ◽  
Role Of Government ◽  
International Context ◽  
Content Type ◽  
The World ◽  
The Government ◽  
Financial Power

Purpose The purpose of this paper is to examine the meaning, in both local and international context, of the Kochi-Muziris Biennale (KMB), the first international exhibit of contemporary art in India. Kochi Biennale Foundation (KBF), which administers the KMB, identifies art as a means for transforming society, with a mission to bring global contemporary art to India and to present India’s modern art to the world. The authors further investigate the role of government sponsorship and corporate patronage in funding the KMB, and investigate how resistance through art is key to the KMB’s identity. Design/methodology/approach This study focuses primarily on published materials relating to the KMB. One of the authors attended the 2016 KMB and interviewed fellow attendees. Additionally, the authors reviewed and assessed social media postings regarding the 2016 KMB. Findings The authors argue that government sponsorship and corporate patronage are never solely about political or financial power. Rather, a generalized reciprocity among the three entities – corporations, the government and the artists – allows the KMB to flourish. For the artists involved, the KMB, co-founded by activist artists, sustains interest in and awareness of resistance. Originality/value Extant literature on biennales is sparse on ways in which these exhibits extend their impact beyond the art world. The authors examine issues such as India expanding its position on the world stage through art, and the implications of political resistance embraced by Indian artists on future directions for the KMB, that have heretofore been unaddressed.

The Race between the Dragon and the Elephant: Comparing China and India's National Broadband Plans

2014 ◽  
Vol 151 (1) ◽  
pp. 180-190 ◽  
Author(s):  
Krishna Jayakar ◽  
Chun Liu
Keyword(s):  
Private Investment ◽  
Limited Range ◽  
Government Policies ◽  
Supply Side ◽  
Role Of Government ◽  
China And India ◽  
The World ◽  
The Government ◽  
Compare And Contrast

Some 134 national broadband plans are now in place around the world. Opinions are divided regarding the role of government in broadband markets: should the government act as an ‘enabler’ or as the ‘rule-maker’? In this context, this article analyses the ambitious national broadband plans recently announced by China and India, two rising economic powerhouses. Traditionally, China's telecommunications development has been driven by investments from government-allied entities and a strong industrial policy, while India's approach has relied on government policy to create the framework for private investment with a limited range of subsidies on the supply side. We trace the antecedents of the different policy approaches adopted by the two countries towards their respective broadband sectors, compare and contrast the motivations that have driven them to draft the national broadband plans and evaluate the effectiveness of government policies and regulations.

scholarly journals Strategi Kebijakan Peningkatan Daya Saing Rumput Laut Indonesia di Pasar Global

2017 ◽  
Vol 3 (1) ◽  
pp. 99
Author(s):  
Riady Ibnu Khaldun
Keyword(s):  
Developmental State ◽  
Global Market ◽  
Global Markets ◽  
Time Intervals ◽  
Role Of Government ◽  
Indonesian Government ◽  
Strategic Policy ◽  
The Government ◽  
Interest Differentiation

AbstrakPenelitian ini bertujuan untuk menganalisis strategi Pemerintah Indonesia dalam upaya meningkatkan daya saing produk rumput laut di pasar global. Jarak waktu yang digunakan dalam memberikan batasan waktu adalah 2009 hingga 2014. Pemerintah Indonesia menyadari besarnya potensi komoditas rumput laut sehingga perlu dimaksimalkan. Optimalisasi potensi tersebut dilakukan oleh pemerintah melalui skema kebijakan revitalisasi, industrialisasi, dan penerapan standarisasi rumput laut. Implementasi kebijakan yang diterapkan oleh pemerintah tersebut tidak dapat dioptimalisasikan karena timbulnya tantangan berupa perbedaan kepentingan dengan para pelaku usaha. Tantangan tersebut diantisipasi oleh pemerintah melalui strategi sinergitas kerjasama dengan aktor lain yang memiliki kepentingan berdasarkan Teori Developmental State, Konsep The Role of Government mendeskripsikan bahwa strategi yang diterapkan oleh Pemerintah Indonesia dalam upaya peningkatan daya saing produk rumput laut di pasar global dilakukan dengan mengeluarkan kebijakan yang memberikan kesempatan kepada peran aktor lainnya untuk berpartisipasi aktif dalam mengoptimalisasikan implementasi kebijakan.Kata Kunci: Daya Saing, Industrialisasi, Revitalisasi, Standarisasi, Strategi Kebijakan AbstractThis research aims to analyze the strategic policy of Indonesian Government towards increasing the competitiveness effort on seaweed products in global markets. The periods of this research started from 2009 to 2014 as the time intervals. Indonesian Government realized that seaweed commodities had great potentials that should be maximized. Revitalization, Industrialization, and Standardization are the policies that Indonesian Government established to optimize the seaweed potentials. The implementation of policies that applied by the government cannot be optimized because the existing of interest differentiation between government and private actor as a challenge. These challenges anticipated by the government through synergistic strategy with another actors who have an interest in seaweed commodities based on Theory Developmental State, The Role of Government concepts described the strategy that adopted by the Indonesian Government in an effort to increase the competitiveness of seaweed products in the global market is by issuing a policy that gives opportunity for the role of other actors to participate actively in optimizing the policy implementations.Keywords: Competitiveness, Industrialization, Revitalization, Standardization, Strategic Policy

scholarly journals ANALYSIS OF BITCOIN'S IMPACT ON USERS AND THEIR IMPACT ON THE VALUE OF THE RUPIAH AND THE ROLE OF THE GOVERNMENT IN THE PRESENCE OF BITCOIN

2021 ◽  
Vol 2 (2) ◽  
pp. 337-345
Author(s):  
Cut Nova Rianda
Keyword(s):  
Multinomial Logistic Regression ◽  
Financial System ◽  
Secondary Data ◽  
Role Of Government ◽  
Factors Affecting ◽  
Multinomial Logistic Regression Analysis ◽  
State Management ◽  
The World ◽  
The Government

Bitcoin has a peer to peer system that is in contrast to financial system by eliminating third parties in transactions. Countries in the world have different positions on Bitcoin, there are countries that are accept, reject or not both, so that understanding is needed more in depth to the factors that determine the position of the country above Bitcoin. This study aims to look for the influence of the development of Bitcoin, the performance of fiat money and the governance systems of countries in the world in determining its position on the legality of Bitcoin. Theories and concepts used inside this research is the international financial system and the state management system; with a quantitative approach as well as multinomial logistic regression analysis supported with secondary data. The results of the analysis in this study revealed that of the nine factors affecting the country's top position Bitcoin; it's just that the significance is different. Influencing Factors significant in determining the country's position on Bitcoin are factors political and economic factors have no significant effect. So it can be said that state acceptance of Bitcoin tends to be caused political reasons compared to the economy, even though Bitcoin itself is located on economic aspects. If Bitcoin acceptance is legalized, then the countries in the world still must accompany the role of government because Bitcoin is judged not to have clear rules and potentially detrimental to others.

scholarly journals Strategi Kebijakan Peningkatan Daya Saing Rumput Laut Indonesia di Pasar Global

2017 ◽  
Vol 3 (1) ◽  
pp. 99 ◽  
Author(s):  
Riady Ibnu Khaldun
Keyword(s):  
Developmental State ◽  
Global Market ◽  
Global Markets ◽  
Time Intervals ◽  
Role Of Government ◽  
Indonesian Government ◽  
Strategic Policy ◽  
The Government ◽  
Interest Differentiation

AbstrakPenelitian ini bertujuan untuk menganalisis strategi Pemerintah Indonesia dalam upaya meningkatkan daya saing produk rumput laut di pasar global. Jarak waktu yang digunakan dalam memberikan batasan waktu adalah 2009 hingga 2014. Pemerintah Indonesia menyadari besarnya potensi komoditas rumput laut sehingga perlu dimaksimalkan. Optimalisasi potensi tersebut dilakukan oleh pemerintah melalui skema kebijakan revitalisasi, industrialisasi, dan penerapan standarisasi rumput laut. Implementasi kebijakan yang diterapkan oleh pemerintah tersebut tidak dapat dioptimalisasikan karena timbulnya tantangan berupa perbedaan kepentingan dengan para pelaku usaha. Tantangan tersebut diantisipasi oleh pemerintah melalui strategi sinergitas kerjasama dengan aktor lain yang memiliki kepentingan berdasarkan Teori Developmental State, Konsep The Role of Government mendeskripsikan bahwa strategi yang diterapkan oleh Pemerintah Indonesia dalam upaya peningkatan daya saing produk rumput laut di pasar global dilakukan dengan mengeluarkan kebijakan yang memberikan kesempatan kepada peran aktor lainnya untuk berpartisipasi aktif dalam mengoptimalisasikan implementasi kebijakan.Kata Kunci: Daya Saing, Industrialisasi, Revitalisasi, Standarisasi, Strategi Kebijakan AbstractThis research aims to analyze the strategic policy of Indonesian Government towards increasing the competitiveness effort on seaweed products in global markets. The periods of this research started from 2009 to 2014 as the time intervals. Indonesian Government realized that seaweed commodities had great potentials that should be maximized. Revitalization, Industrialization, and Standardization are the policies that Indonesian Government established to optimize the seaweed potentials. The implementation of policies that applied by the government cannot be optimized because the existing of interest differentiation between government and private actor as a challenge. These challenges anticipated by the government through synergistic strategy with another actors who have an interest in seaweed commodities based on Theory Developmental State, The Role of Government concepts described the strategy that adopted by the Indonesian Government in an effort to increase the competitiveness of seaweed products in the global market is by issuing a policy that gives opportunity for the role of other actors to participate actively in optimizing the policy implementations.Keywords: Competitiveness, Industrialization, Revitalization, Standardization, Strategic Policy

scholarly journals On the Role of Atomic Engneering Industry in Competitive Recovery of Russia

2018 ◽  
Vol 28 (3) ◽  
pp. 461-469
Author(s):  
Maria Balashova ◽  
Ilya Naumenko ◽  
Irina Tsvigun
Keyword(s):  
Nuclear Power ◽  
World Market ◽  
Engineering Industry ◽  
Competitive Advantages ◽  
National Competitiveness ◽  
The World ◽  
Continuous Progress ◽  
Atomic Engineering ◽  
The Government

According to the internationally recognized ratings of national competitiveness assessment, the relevant global index of Russias economy has been recently stable on the level that does not reflect its real potential. This is also proved by the value of the aggregate designated indicators of the countrys economic development monitoring. The research into the papers that are strategically important for Russias continuous progress indicates the ways the government has chosen for further reforms through integrating an important innovational segment into the countrys economic structure. The article considers one of the ways of increasing the national competitiveness by means of improving the organization of Russian atomic engineering industry. Taking into account the current worldwide trends in this industry, as well as the competitive advantages of the Russian monopolist «Rosatom», its opportunities and threats in the world market, the authors suggest extending the geography of Russian nuclear power technologies usage by selling them to Asia - the fastest growing and developing atomic engineering market in the world.

PLACE AND ROLE OF UKRAINE IN THE WORLD WHEAT MARKET

2019 ◽  
Vol 4 (3) ◽  
pp. 297-308
Author(s):  
Volodymyr LAGODIIENKO ◽  
Olexander BOGDANOV ◽  
Vladyslav LAGODIIENKO
Keyword(s):  
Food Security ◽  
World Market ◽  
Global Market ◽  
Mineral Fertilizers ◽  
Wheat Grain ◽  
Wheat Production ◽  
The World ◽  
Grain Market

Introduction. Wheat production is a leading industry in both the agricultural sector and the public sector as a whole. This is due to his crucial role in ensuring the food security of the country. Considering the leading role of wheat grain in the list of Ukrainian export commodities, there is a need to find a compromise between ensuring the country's food security and increasing the presence of these Ukrainian products on the global market. The purpose of the article is assessment of the place and determination of the role of Ukrainian producers in the world wheat grain market, identification of factors that impede the expansion of the presence of relevant domestic products in the global market. Results. The analysis of world production, final stocks and consumption of wheat grain has allowed to determine the increase of production volumes with excess of consumption rates, which led to price stabilization. An analysis of the volume and structure of world wheat grain exports has made it possible to determine that Ukraine is in the top ten. The largest importers of Ukrainian wheat in Europe are Italy and Spain; Indonesia, Bangladesh and Thailand in Asia. Asia in the overall structure in the 2014-2018 average had about 49 %. Africa ranks second after Asia, with a volume of 28 %, with half imported by Egypt. The prospects for the markets of Egypt, Morocco and Tunisia for export of Ukrainian grain have been substantiated, taking into account trends in population growth, complications of natural conditions for cultivation and low transportation costs. The cost forecast of 1 wheat metric ton for the future is made. The grain market segment occupied by Ukraine according to the quality of its products is considered. The price and quality of imported and exported wheat grain in Ukraine are analyzed. The necessity of increasing the volume of mineral fertilizers application to increase the yield to prove the problem of these disproportions has been proved. Conclusions. Quality of products will become a key factor of competitiveness in the world market of wheat production in the near future. North African countries – Egypt, Morocco and Tunisia – are a promising direction for expanding global markets for Ukrainian wheat. The biggest problem for domestic producers of wheat grain is its poor quality in many parameters. To improve the quality, it is necessary to significantly increase the amount of application of minimal fertilizers. Keywords: wheat grain, world market, production, consumption, final stocks, forecast, slowdown, export, price, quality, fertilizers.

On retroeconomy

2017 ◽  
pp. 148-159
Author(s):  
V. Papava
Keyword(s):  
Developing Countries ◽  
Detrimental Effect ◽  
International Competition ◽  
The World ◽  
The Government ◽  
Role Of The Government

This paper analyzes the problem of technological backwardness of economy. In many mostly developing countries their economies use obsolete technologies. This can create the illusion that this or that business is prosperous. At the level of international competition, however, it is obvious that these types of firms do not have any chance for success. Retroeconomics as a theory of technological backwardness and its detrimental effect upon a country’s economy is considered in the paper. The role of the government is very important for overcoming the effects of retroeconomy. The phenomenon of retroeconomy is already quite deep-rooted throughout the world and it is essential to consolidate the attention of economists and politicians on this threat.

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