Since its economic reform and market opening in 1978, China has been of concern to many entrepreneurs and policymakers as one of the most competitive manufacturing locations over the last 30 years. During this period, China has attracted investment of foreign capital in their industry by...

In the information society, the Internet has become essential. The Internet has become especially more significant in developing countries where primary industries currently prevail, to catch up with developed countries. Like most developing countries, in Vietnam, financial resources for...

(1) Tourism Industry is still in a Golden Period of Development On October 18, 2017, General Secretary Xi Jinping pointed out in the report of the Nineteenth National Congress of the Communist Party that socialism with Chinese characteristics has entered a new era. Tourism is the first of the...

This study analyzes the impact of changes in supply chain management on corporate performance in Korea. Focusing on four major industries that are closely related to supply chain reorganization, company-level micro data is used to determine the impact of each industry’s supply chain management...

This paper aims to explain the state of Korea’s manufacturing competitiveness and assess whether the Korean manufacturing industry has acted as an economic support during the COVID-19 pandemic through a cross-country analysis. In addition, this paper identifies what the driving force is behind...

The shipbuilding equipment and materials (E&M) industry can play a crucial role in the paradigm shift occurring in the shipbuilding sector, dominated by the transition to smart and eco-friendly vessels. An aggressive strategy for localization and commercialization of shipbuilding E&M is...

This paper examines the use and viability of unstructured data in forecasting the real economy inorder to quickly understand the current situation and trends in the real economy in light of growinguncertainty both domestically and externally. To extract an index utilizing news data, the...

The overall composite Business Survey Index for the manufacturing sector in the third quarter Q3 2022 still remained under the baseline (100). Moreover, most feeder indices have decreased compared to the previous quarter. Specifically, sales (86), domestic demand (87), and exports (89) in the...

As start-ups play an important role in revitalizing the economy and creating jobs, many countries are concentrating their policy efforts on stimulating entrepreneurship. In 1986, the Small and Medium Enterprise Establishment Support Act was enacted in Korea.After the foreign exchange crisis,...

The youth unemployment rate in Korea stood at eight percent as of 2021. The expanded youth unemployment rate, however, reached 23 percent in that same year, indicating that at least one in every four or five young persons in Korea was struggling to find suitable work. Although the unemployment...